Avr Swarnamahal Jewelry Limited

Gold jewelry retailer with 17 showrooms in Tamil Nadu and Bangalore.

2009 | Salem, Tamil Nadu (India) | Active
Last Updated: July 16, 2024

Avr Swarnamahal Jewelry Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 7.48 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 415.19 Cr
  • Satisfied Charges ₹ 383.81 Cr
  • Revenue Growth 52.22%
  • Profit Growth 42.91%
  • Ebitda 22.44%
  • Net Worth 19.71%
  • Total Assets 18.06%

About Avr Swarnamahal Jewelry

Avr Swarnamahal Jewelry Limited (ASJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 August 2009 and has a history of 15 years and five months. Its registered office is in Salem, Tamil Nadu, India.

The Corporate was formerly known as Avr Swarnamahal Jewelry Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 7.48 Cr.

The company currently has active open charges totaling ₹415.19 Cr. The company has closed loans amounting to ₹383.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avr Swarnamahal Jewelry Limited India is Karthikeyan as COMPANY SECRETARY. Saumyha Sanjjay, Anumanoorbalakrishnan Sanjjay, Chandraleka Sudarsanam, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36911TZ2009PLC015427

  • Company No.

    015427

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

Who are the key members and board of directors at Avr Swarnamahal Jewelry?

Executive Team (3)

Name Designation Appointment Date Status
Anumanoorbalakrishnan Sanjjay Country flag representing In Managing Director 24-Aug-2009 Current
Anumanoor Sudarsanam Country flag representing In Managing Director 24-Aug-2009 Current
Karthikeyan Company Secretary 01-Aug-2019 Current

Board Members (6)

Name Designation Appointment Date Status
Saumyha Sanjjay Country flag representing In Whole-Time Director 24-Aug-2009 Current
Chandraleka Sudarsanam Country flag representing In Whole-Time Director 24-Aug-2009 Current
Nataraaj Dinesh Country flag representing In Director 17-Aug-2022 Current
Adithya Ravesanker Country flag representing In Director 06-Mar-2023 Current
Anumanoor Siddhanth Country flag representing In Additional Director Current
Kandasamy Rani Country flag representing In Additional Director Current

Financial Performance of Avr Swarnamahal Jewelry.

Avr Swarnamahal Jewelry Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.22% increase. The company also saw a substantial improvement in profitability, with a 42.91% increase in profit. The company's net worth Soared by an impressive increase of 19.71%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
52.22%
Revenue from Operations
51.86%
Total Assets
18.06%
Profit or Loss
42.91%
Net Worth
19.71%
EBITDA
22.44%

What is the Ownership and Shareholding Structure of Avr Swarnamahal Jewelry?

In 2023, Avr Swarnamahal Jewelry had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹415.19 Cr

Satisfied Charges

₹383.81 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 121.64 Cr
  • Hdfc Bank Limited : 114.76 Cr
  • Axis Bank Limited : 99.87 Cr
  • Yes Bank Limited : 78.92 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 2023 Hdfc Bank Limited ₹3.00 Cr Open
20 Apr 2022 Hdfc Bank Limited ₹1.46 Cr Open
28 Sep 2021 Axis Bank Limited ₹99.87 Cr Open
28 Apr 2021 State Bank Of India ₹121.64 Cr Open
18 Dec 2020 Yes Bank Limited ₹3.92 Cr Open

How Many Employees Work at Avr Swarnamahal Jewelry?

Avr Swarnamahal Jewelry has a workforce of 1246 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avr Swarnamahal Jewelry, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avr Swarnamahal Jewelry's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Avr Swarnamahal Jewelry

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 121.64 Cr registered on 28 Apr 2021 with Charge ID 100440821 was modified on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 25 Aug 2022 via Charge ID 100611288 with Axis Bank Limited was fully satisfied on 03 May 2024.

    03 May 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 75.00 Cr registered on 21 Dec 2011 with Charge ID 10330398 was modified on 30 Apr 2024.

    30 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 110.00 Cr registered on 04 Nov 2020 with Charge ID 100389150 was modified on 26 Apr 2024.

    26 Apr 2024

  • Charges

    A charge registered on 02 Dec 2020 via Charge ID 100443890 with Hdfc Bank Limited was fully satisfied on 24 Apr 2024.

    24 Apr 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 99.87 Cr registered on 28 Sep 2021 with Charge ID 100497031 was modified on 08 Apr 2024.

    08 Apr 2024

Frequently asked questions

  • Avr Swarnamahal Jewelry Limited was incorporated on 24 Aug 2009.

  • The authorized share capital of Avr Swarnamahal Jewelry Limited is ₹ 20.00 Cr and paid-up capital is ₹ 7.48 Cr.

  • Currently 9 directors are associated with Avr Swarnamahal Jewelry Limited.

    • Saumyha Sanjjay
    • Anumanoorbalakrishnan Sudarsanam Sanjjay
    • Chandraleka Sudarsanam
    • Anumanoor Balakrishnan Sudarsanam
    • Nataraaj Dinesh
    • Adithya Ravesanker
    • Anumanoor Venkatachalam Ramachandra Siddhanth
    • Kandasamy Marimuthu Kokila Rani
    • Karthikeyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avr Swarnamahal Jewelry Limited is 251-A, Omalur Road Swarnapuri India, Salem, Tamil Nadu, 636004.

  • The corporate identification number (CIN) of Avr Swarnamahal Jewelry Limited is U36911TZ2009PLC015427 and the company number is 015427 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avr Swarnamahal Jewelry Limited is https://www.avrswarnamahal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avr Swarnamahal Jewelry Limited has risen by 52.22%.

  • As Per 2023 financial reports, 1246 employees are currently employed by Avr Swarnamahal Jewelry Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avr Swarnamahal Jewelry Limited has experienced an upsurge of 19.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avr Swarnamahal Jewelry Limited amount to ₹ 415.19 Cr.

  • The most recent Balance Sheet for Avr Swarnamahal Jewelry Limited was filed with the ROC on 31 Mar 2023.

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