Gitanjali Lifestyle Profile
Key Indicators
- Authorised Capital ₹ 36.01 Cr
- Paid Up Capital ₹ 25.00 Cr
- Company Age 17 Year, 10 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 75.00 Cr
- Revenue Growth 72.57%
- Profit Growth 98.04%
- Ebitda -35.80%
- Net Worth -1.31%
- Total Assets 68.84%
About Gitanjali Lifestyle
Gitanjali Lifestyle Limited (GLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 May 2007 and has a history of 17 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Gitanjali Lifestyles 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 2016. It's a company limited by shares with an authorized capital of Rs 36.01 Cr and a paid-up capital of Rs 25.00 Cr.
The company currently has active open charges totaling ₹75.00 Cr.
Mehul Choksi, Dhanesh Sheth, Sangini Mehta, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36911MH2007PLC170596
- Company No.
170596
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 May 2007
- Date of AGM
29 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
What products or services does Gitanjali Lifestyle Limited offer?
Gitanjali Lifestyle Limited offers a wide range of products and services, including Silver Cutlery and Silver Products, Silver Articles, Wrist Watch, Fashion Wrist Watches, Fashion Earrings, Earring Set, Analog and Pocket Watches, Fashion Analog Watches, Strap Watches, Spoons, Table Knife and Cutlery.
Who are the key members and board of directors at Gitanjali Lifestyle?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhanesh Sheth  | Managing Director | 05-Jan-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mehul Choksi | Director | 04-May-2007 | Current |
| Sangini Mehta | Director and Director | 16-Jul-2013 | Current |
| Dinesh Bhatia | Director | 30-Jun-2015 | Current |
Financial Performance of Gitanjali Lifestyle.
Gitanjali Lifestyle Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 72.57% increase. The company also saw a substantial improvement in profitability, with a 98.04% increase in profit. The company's net worth dipped by a decrease of 1.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gitanjali Lifestyle?
In 2015, Gitanjali Lifestyle had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gitanjali Jewellery Retail LimitedMehul Choksi and Dinesh Bhatia are mutual person
- Gitanjali Infratech Limited
Mehul Choksi and Dinesh Bhatia are mutual person
- Mmtc Gitanjali Limited
Mehul Choksi and Dhanesh Sheth are mutual person
Bezel Jewellery (India) Private LimitedMehul Choksi and Dinesh Bhatia are mutual person
Gitanjali Gold And Precious LlpMehul Choksi and Dhanesh Sheth are mutual person
- Gitanjali Realtors Llp
Mehul Choksi and Dhanesh Sheth are mutual person
Charges (Loans)
Open Charges
₹75.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 75.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2012 | Standard Chartered Bank | ₹75.00 Cr | Open |
How Many Employees Work at Gitanjali Lifestyle?
Unlock and access historical data on people associated with Gitanjali Lifestyle, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gitanjali Lifestyle, 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 Gitanjali Lifestyle's trajectory.
Rating
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
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 Gitanjali Lifestyle
Recent activity within the organization
- Annual General Meeting
Gitanjali Lifestyle Limited last Annual general meeting of members was held on 29 Sep 2016 as per latest MCA records.
- Balance Sheet
Gitanjali Lifestyle Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
- Director Appointment
Dinesh Gopaldas Bhatia was appointed as a Director was appointed as a Director on 30 Jun 2015 & has been associated with this company since 9 years 9 months .
- Director Appointment
Sangini Swapnil Mehta was appointed as a Director was appointed as a Director on 28 Sep 2013 & has been associated with this company since 11 years 6 months .
- Director Appointment
Sangini Swapnil Mehta was appointed as a Director was appointed as a Director on 16 Jul 2013 & has been associated with this company since 11 years 8 months .
- Charges
A charge with Standard Chartered Bank amounted to Rs. 75.00 Cr with Charge ID 10392815 was registered on 12 Nov 2012.
Recent News, Updates & Announcement
Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali Gems.The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over Rs 12,558 crore..
- Bankers vote to liquidate Gitanjali Gems on time over-run | Mint.
Creditors reject extension of the resolution process and chose to go for liquidation of Gitanjali Gems.Both Gitanjali Gems' Mehul Choksi and his nephew diamantaire Nirav Modi are absconding and are facing extradition now.
- Resolution Professional contests ED’s seizure of Gitanjali Gems’ assets.
The ED initiated a probe into the company following the alleged fraud at Punjab National Bank and filed charges against fugitive businessman and founder Mehul Choksi..
Frequently asked questions
What is the Incorporation or founding date of Gitanjali Lifestyle Limited?
Gitanjali Lifestyle Limited was incorporated on 04 May 2007.
What is authorized share capital and paid-up capital of Gitanjali Lifestyle Limited?
The authorized share capital of Gitanjali Lifestyle Limited is ₹ 36.01 Cr and paid-up capital is ₹ 25.00 Cr.
Who are the current board members & directors of Gitanjali Lifestyle Limited?
Currently 5 directors are associated with Gitanjali Lifestyle Limited.
- Mehul Chinubhai Choksi
- Dhanesh Vrajlal Sheth
- Sangini Swapnil Mehta
- Sangini Swapnil Mehta
- Dinesh Gopaldas Bhatia
What is the registered address of Gitanjali Lifestyle Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gitanjali Lifestyle Limited is Office No. 6 B Wing 1St Flr. Laxmi Towers Bandra Kurla Complex, (East) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Gitanjali Lifestyle Limited?
The corporate identification number (CIN) of Gitanjali Lifestyle Limited is U36911MH2007PLC170596 and the company number is 170596 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gitanjali Lifestyle Limited?
The Official website of Gitanjali Lifestyle Limited is https://www.gitanjaligroup.com
What has been the recent revenue trend for Gitanjali Lifestyle Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Gitanjali Lifestyle Limited has risen by 72.57%.
What change has been observed in the net worth of Gitanjali Lifestyle Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Gitanjali Lifestyle Limited has experienced an downturn of -1.31%.
What are the total open charges for Gitanjali Lifestyle Limited?
As per the financial statements for fiscal Year 2016, The total open charges for Gitanjali Lifestyle Limited amount to ₹ 75.00 Cr.
When was the last Balance Sheet of Gitanjali Lifestyle Limited filed with the ROC?
The most recent Balance Sheet for Gitanjali Lifestyle Limited was filed with the ROC on 31 Mar 2016.
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