Magic Gold Jewellery Private Limited

Specializes in diamond and precious stone work, trading non-ferrous metals, incorporated in 2013.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated:

Magic Gold Jewellery Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -94.24%
  • Profit Growth -55.41%
  • Ebitda 161.91%
  • Net Worth 2.65%
  • Total Assets -30.60%

About Magic Gold Jewellery

Magic Gold Jewellery Private Limited (MGJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 2013 and has a history of 11 years and four 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, as per Ministry of Corporate Affairs (MCA) records.

Bharti Kothari and Mangilal Kothari 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

    U74120MH2013PTC249163

  • Company No.

    249163

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mangilal Kothari Country flag representing In Managing Director14-Oct-2013Current

Board Members (1)

NameDesignationAppointment DateStatus
Bharti Kothari Country flag representing In Director 25-May-2022Current

Financial Performance of Magic Gold Jewellery.

Magic Gold Jewellery Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.24% decrease. The company also saw a substantial fall in profitability, with a 55.41% decrease in profit. The company's net worth moved up by a moderate rise of 2.65%.

Magic Gold Jewellery revenue growth over time
Magic 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
-94.24%
Revenue from Operations
-94.23%
Total Assets
-30.60%
Profit or Loss
-55.41%
Net Worth
2.65%
EBITDA
161.91%

What is the Ownership and Shareholding Structure of Magic Gold Jewellery?

In 2023, Magic Gold Jewellery 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magic Gold Jewellery?

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

Employee growth trends for Magic Gold Jewellery Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magic 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 Magic 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 Magic Gold Jewellery

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Bharti Mangilal Kothari was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Mangilal Dharamchand Kothari was appointed as a Managing Director was appointed as a Managing Director on 14 Oct 2013 & has been associated with this company since 11 years 4 months .

  • Company Incorporation

    Magic Gold Jewellery Private Limited was registered on 14 Oct 2013 with Roc Mumbai & aged 11 years 4 months as per MCA records.

Frequently asked questions

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

    Magic Gold Jewellery Private Limited was incorporated on 14 Oct 2013.

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

    The authorized share capital of Magic Gold Jewellery Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

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

    Currently 2 directors are associated with Magic Gold Jewellery Private Limited.

    • Bharti Mangilal Kothari
    • Mangilal Dharamchand Kothari

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Magic Gold Jewellery Private Limited is Shop No 98 Lift Gallaria Part 4-B Off Adi Shankaracharya Road Powai, Vikhr Oli (W) India, Mumbai, Maharashtra, 400076.

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

    The corporate identification number (CIN) of Magic Gold Jewellery Private Limited is U74120MH2013PTC249163 and the company number is 249163 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Magic Gold Jewellery Private Limited has fallen by -94.24%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Magic Gold Jewellery Private Limited has experienced an upsurge of 2.65%.

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

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

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