Best Money Gold Jewellery Private Limited

Gold and silver jewel buying and auction services with 200+ branches.

2014 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Best Money Gold Jewellery Profile

Key Indicators

  • Authorised Capital ₹ 4.02 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.37 Cr
  • Revenue Growth 63.90%
  • Profit Growth 142.18%
  • Ebitda 4.13%
  • Net Worth 29.10%
  • Total Assets -23.64%

About Best Money Gold Jewellery

Best Money Gold Jewellery Private Limited (BMGJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 2014 and has a history of Ten years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Best Money Gold Jewellery 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 2024. It's a company limited by shares with an authorized capital of Rs 4.02 Cr and a paid-up capital of Rs 2.70 Cr.

The company currently has active open charges totaling ₹7.37 Cr.

Veluchamy Velmurugan and Anbarasan Kumar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36935TN2014PTC098373

  • Company No.

    098373

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods
Company report

Best Money Gold Jewellery Private Limited

Explore comprehensive data for Best Money Gold Jewellery Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Best Money Gold Jewellery?

Board Members (2)

NameDesignationAppointment DateStatus
Veluchamy Velmurugan Additional Director 05-Feb-2025Current
Anbarasan Kumar Country flag representing In Director 09-Dec-2014Current

Financial Performance of Best Money Gold Jewellery.

Best Money Gold Jewellery Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.9% increase. The company also saw a substantial improvement in profitability, with a 142.18% increase in profit. The company's net worth Soared by an impressive increase of 29.1%.

Best Money Gold Jewellery revenue growth over time
Best Money Gold Jewellery 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
63.90%
Revenue from Operations
63.90%
Total Assets
-23.64%
Profit or Loss
142.18%
Net Worth
29.10%
EBITDA
4.13%

What is the Ownership and Shareholding Structure of Best Money Gold Jewellery?

In 2023, Best Money Gold Jewellery had a promoter holding of 4.81% and a public holding of 95.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.37 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 5.00 Cr
  • Others : 2.37 Cr

Latest Charge Details

DateLenderAmountStatus
27 Apr 2024Others₹4.02 MOpen
27 Mar 2024Others₹4.02 MOpen
28 Feb 2024Others₹0.43 MOpen
27 Feb 2024Others₹1.19 MOpen
26 Feb 2024Others₹0.45 MOpen

How Many Employees Work at Best Money Gold Jewellery?

Best Money Gold Jewellery has a workforce of 85 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.

Employee growth trends for Best Money Gold Jewellery Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Money Gold Jewellery, 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 Best Money Gold Jewellery'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 Best Money Gold Jewellery

Recent activity within the organization

  • Director Appointment

    Veluchamy Velmurugan was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2025 & has been associated with this company since 2 months 27 days .

  • Annual General Meeting

    Best Money Gold Jewellery Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100921952 was registered on 27 Apr 2024.

  • Balance Sheet

    Best Money Gold Jewellery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100908496 was registered on 27 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100893945 was registered on 28 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Best Money Gold Jewellery Private Limited?

    Best Money Gold Jewellery Private Limited was incorporated on 09 Dec 2014.

  • What is authorized share capital and paid-up capital of Best Money Gold Jewellery Private Limited?

    The authorized share capital of Best Money Gold Jewellery Private Limited is ₹ 4.02 Cr and paid-up capital is ₹ 2.70 Cr.

  • Who are the current board members & directors of Best Money Gold Jewellery Private Limited?

    Currently 2 directors are associated with Best Money Gold Jewellery Private Limited.

    • Veluchamy Velmurugan
    • Anbarasan Nantha Kumar

  • What is the registered address of Best Money Gold Jewellery Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Best Money Gold Jewellery Private Limited is No.213/816 Mahavir Complex 2Nd Floor Royapettah, India, Chennai, Tamil Nadu, 600014.

  • What is the corporate identification number (CIN) and company number of Best Money Gold Jewellery Private Limited?

    The corporate identification number (CIN) of Best Money Gold Jewellery Private Limited is U36935TN2014PTC098373 and the company number is 098373 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Best Money Gold Jewellery Private Limited?

    The Official website of Best Money Gold Jewellery Private Limited is https://www.bestmoneygold.in

  • What has been the recent revenue trend for Best Money Gold Jewellery Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Best Money Gold Jewellery Private Limited has risen by 63.90%.

  • How many employees does Best Money Gold Jewellery Private Limited currently have?

    As Per 2023 financial reports, 85 employees are currently employed by Best Money Gold Jewellery Private Limited.

  • What change has been observed in the net worth of Best Money Gold Jewellery Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Best Money Gold Jewellery Private Limited has experienced an upsurge of 29.10%.

  • What are the total open charges for Best Money Gold Jewellery Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Best Money Gold Jewellery Private Limited amount to ₹ 7.37 Cr.

  • When was the last Balance Sheet of Best Money Gold Jewellery Private Limited filed with the ROC?

    The most recent Balance Sheet for Best Money Gold Jewellery Private Limited was filed with the ROC on 31 Mar 2024.

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