Grt Jewellers (India) Private Limited

Retailer of gold, silver, diamond, and platinum jewelry with online presence.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 02, 2025

Grt Jewellers (India) Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 296.10 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8,953.12 Cr
  • Satisfied Charges ₹ 833.10 Cr
  • Revenue Growth 35.42%
  • Profit Growth -3.78%
  • Ebitda 8.79%
  • Net Worth 22.45%
  • Total Assets 19.22%

About Grt Jewellers (India)

Grt Jewellers (India) Private Limited (GJIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 1992 and has a history of 32 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Raghavendra Steels 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 2024. It's a company limited by shares with an authorized capital of Rs 500.00 Cr and a paid-up capital of Rs 296.10 Cr.

The company currently has active open charges totaling ₹8,953.12 Cr. The company has closed loans amounting to ₹833.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Grt Jewellers (India) Private Limited India is Ramanathan Narayanan as COMPANY SECRETARY. Ananthapadmanabhan Govindarajulu, Radhakrishnan Govindarajulu, Rajendran Govindarajulu, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310TN1992PTC023070

  • Company No.

    023070

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

What products or services does Grt Jewellers (India) Private Limited offer?

Grt Jewellers (India) Private Limited offers a wide range of products and services, including Bangles, Bracelets & Anklets, Crystal Bangles, Precious Stones & Gemstone Jewelry, Semi Precious Earrings, Ruby Bangles, Gold Jewelry, Yellow Gold Earring, Necklace, Stone Necklace, Silver Bracelets.

Who are the key members and board of directors at Grt Jewellers (India)?

Executive Team (2)

Name Designation Appointment Date Status
Rajendran Govindarajulu Country flag representing In Managing Director 17-Jul-1992 Current
Ramanathan Narayanan Company Secretary 05-Apr-2018 Current

Board Members (3)

Name Designation Appointment Date Status
Ananthapadmanabhan Govindarajulu Country flag representing In Director 17-Jul-1992 Current
Radhakrishnan Govindarajulu Country flag representing In Director 14-Jul-1992 Current
Marimuthu Veeramani Country flag representing In Whole-Time Director 22-Apr-2023 Current

Financial Performance of Grt Jewellers (India).

Grt Jewellers (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.42% increase. The company also saw a slight decrease in profitability, with a 3.78% decrease in profit. The company's net worth Soared by an impressive increase of 22.45%.

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
35.42%
Revenue from Operations
35.49%
Total Assets
19.22%
Profit or Loss
-3.78%
Net Worth
22.45%
EBITDA
8.79%

What is the Ownership and Shareholding Structure of Grt Jewellers (India)?

In 2024, Grt Jewellers (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,953.12 Cr

Satisfied Charges

₹833.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6335.27 Cr
  • Axis Bank Limited : 1409.50 Cr
  • State Bank Of India : 708.35 Cr
  • Others : 350.00 Cr
  • Yes Bank Limited : 150.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Jun 2024 Axis Bank Limited ₹409.50 Cr Open
31 May 2021 Axis Bank Limited ₹450.00 Cr Open
07 Aug 2020 Others ₹350.00 Cr Open
14 Oct 2019 Yes Bank Limited ₹150.00 Cr Open
31 Oct 2018 Hdfc Bank Limited ₹320.00 Cr Open

How Many Employees Work at Grt Jewellers (India)?

Grt Jewellers (India) has a workforce of 2410 employees as of Jan 02, 2025. 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 Grt Jewellers (India), 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 Grt Jewellers (India)'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 Grt Jewellers (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1,721.82 Cr registered on 09 Jun 2017 with Charge ID 100126055 was modified on 25 Oct 2024.

    25 Oct 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 409.50 Cr registered on 01 Jun 2024 with Charge ID 100938333 was modified on 07 Oct 2024.

    07 Oct 2024

  • Annual General Meeting

    Grt Jewellers (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1,791.82 Cr registered on 06 Sep 2018 with Charge ID 100213846 was modified on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1,165.00 Cr registered on 15 Oct 2012 with Charge ID 10384146 was modified on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 409.50 Cr with Charge ID 100938333 was registered on 01 Jun 2024.

    01 Jun 2024

Recent News, Updates & Announcement

  • News icon
    SECI's Solar Power Tender Sees Limited Interest, Developers Push for Higher Tariffs Amid Risks.

    SECI's 1,200 MW solar power tender only received bids from SB Energy and GRT Jewellers. The ceiling tariff of Rs 2.65 per unit is considered non-viable by developers. Risks have increased after Andhra Pradesh renegotiated power purchase agreements. Developers are sending a message that tariffs need to go up. SECI's previous tenders have also received little interest. Solar power developers have a large deal pipeline, but NTPC's recent tender also received no response..

    10 Aug 2019 ET EnergyWorld

Frequently asked questions

  • Grt Jewellers (India) Private Limited was incorporated on 14 Jul 1992.

  • The authorized share capital of Grt Jewellers (India) Private Limited is ₹ 500.00 Cr and paid-up capital is ₹ 296.10 Cr.

  • Currently 5 directors are associated with Grt Jewellers (India) Private Limited.

    • Ananthapadmanabhan Rajendran Govindarajulu
    • Radhakrishnan Rajendran Govindarajulu
    • Rajendran Govindarajulu
    • Marimuthu Veeramani
    • Ramanathan Anantha Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grt Jewellers (India) Private Limited is No. 138 Usman Road, T.Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Grt Jewellers (India) Private Limited is U27310TN1992PTC023070 and the company number is 023070 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grt Jewellers (India) Private Limited is https://www.grtjewels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grt Jewellers (India) Private Limited has risen by 35.42%.

  • As Per 2023 financial reports, 2410 employees are currently employed by Grt Jewellers (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grt Jewellers (India) Private Limited has experienced an upsurge of 22.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grt Jewellers (India) Private Limited amount to ₹ 8,953.12 Cr.

  • The most recent Balance Sheet for Grt Jewellers (India) Private Limited was filed with the ROC on 31 Mar 2024.