India Gold Limited

Manufacturer and trader of gold and silver jewelry, operating a bullion trading platform in India and abroad.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: January 08, 2025

India Gold Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.00 Cr
  • Revenue Growth -99.70%
  • Profit Growth -113.14%
  • Ebitda 99.82%
  • Net Worth -1.91%
  • Total Assets 3.64%

About India Gold

India Gold Limited (IGL) is a Public Limited Indian Non-Government Company incorporated in India on 19 November 2010 and has a history of 14 years and two months. Its registered office is in Mumbai, Maharashtra, India.

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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹9.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shantilal Jain, Indra Jain, and Shirish Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2010PLC210218

  • Company No.

    210218

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does India Gold Limited offer?

India Gold Limited offers a wide range of products and services, including Charity & Non Profit Organizations, Welfare Organization Services.

Who are the key members and board of directors at India Gold?

Board Members (3)

Name Designation Appointment Date Status
Shantilal Jain Country flag representing In Director 19-Nov-2010 Current
Indra Jain Country flag representing In Director 19-Nov-2010 Current
Shirish Jain Country flag representing In Director 19-Nov-2010 Current

Financial Performance of India Gold.

India Gold Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.7% decrease. The company also saw a substantial fall in profitability, with a 113.14% decrease in profit. The company's net worth dipped by a decrease of 1.91%.

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
-99.70%
Revenue from Operations
Total Assets
3.64%
Profit or Loss
-113.14%
Net Worth
-1.91%
EBITDA
99.82%

What is the Ownership and Shareholding Structure of India Gold?

In 2022, India Gold 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

₹0

Satisfied Charges

₹9.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Mar 2012 State Bank Of India ₹9.00 Cr Satisfied

How Many Employees Work at India Gold?

Unlock and access historical data on people associated with India Gold, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of India Gold, 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 India Gold'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 India Gold

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    India Gold Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 27 Mar 2012 via Charge ID 10346151 with State Bank Of India was fully satisfied on 06 Nov 2018.

    06 Nov 2018

  • Charges

    A charge with State Bank Of India of Rs. 9.00 Cr registered on 27 Mar 2012 with Charge ID 10346151 was modified on 13 Aug 2012.

    13 Aug 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.00 Cr with Charge ID 10346151 was registered on 27 Mar 2012.

    27 Mar 2012

  • Director Appointment

    Shantilal Javerchand Jain was appointed as a Director was appointed as a Director on 19 Nov 2010 & has been associated with this company since 14 years 2 months .

    19 Nov 2010

Frequently asked questions

  • India Gold Limited was incorporated on 19 Nov 2010.

  • The authorized share capital of India Gold Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with India Gold Limited.

    • Shantilal Javerchand Jain
    • Indra Shantilal Jain
    • Shirish Shantilal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of India Gold Limited is Varsha 13 Adarsh Society Ramchandra Lane Extn Malad (West), India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of India Gold Limited is U51101MH2010PLC210218 and the company number is 210218 as per Ministry of Corporate Affairs (MCA).

  • The Official website of India Gold Limited is https://www.varsha-group.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for India Gold Limited has fallen by -99.70%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of India Gold Limited has experienced an downturn of -1.91%.

  • The most recent Balance Sheet for India Gold Limited was filed with the ROC on 31 Mar 2024.