Mahalaxmi Jewellers (India) Private Limited

Wholesale and retail trade of metal, stone, and jewellery.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: December 22, 2024

Mahalaxmi Jewellers (India) Profile

Key Indicators

  • Authorised Capital ₹ 9.90 M
  • Paid Up Capital ₹ 3.25 M
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.89 Cr
  • Revenue Growth 65.96%
  • Profit Growth 34.22%
  • Ebitda 29.68%
  • Net Worth 16.88%
  • Total Assets 7.37%

About Mahalaxmi Jewellers (India)

Mahalaxmi Jewellers (India) Private Limited (MJIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 October 2001 and has a history of 23 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 9.90 M and a paid-up capital of Rs 3.25 M.

The company currently has active open charges totaling ₹3.89 Cr.

Harshad Kothari, Laxmilal Kothari, and Sadhana Kothari serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65100MH2001PTC133514

  • Company No.

    133514

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2001

  • 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 Mahalaxmi Jewellers (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Laxmilal Kothari Country flag representing In Managing Director01-Oct-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Harshad Kothari Country flag representing In Director 01-Apr-2006Current
Sadhana Kothari Country flag representing In Director 01-Oct-2001Current

Financial Performance of Mahalaxmi Jewellers (India).

Mahalaxmi Jewellers (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.96% increase. The company also saw a substantial improvement in profitability, with a 34.22% increase in profit. The company's net worth Soared by an impressive increase of 16.88%.

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
65.96%
Revenue from Operations
65.96%
Total Assets
7.37%
Profit or Loss
34.22%
Net Worth
16.88%
EBITDA
29.68%

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

In 2022, Mahalaxmi Jewellers (India) had a promoter holding of 12.60% and a public holding of 87.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.62 Cr
  • Corporation Bank : 1.25 Cr
  • Kotak Mahindra Bank Limited : 0.60 Cr
  • Icici Bank Limited : 0.30 Cr
  • Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2022Hdfc Bank Limited₹1.20 MOpen
20 Oct 2011Kotak Mahindra Bank Limited₹2.00 MOpen
15 Oct 2010Kotak Mahindra Bank Limited₹4.00 MOpen
11 Aug 2007Icici Bank Limited₹3.00 MOpen
09 Jun 2006Punjab National Bank₹1.62 CrOpen

How Many Employees Work at Mahalaxmi Jewellers (India)?

Unlock and access historical data on people associated with Mahalaxmi Jewellers (India), 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 Mahalaxmi 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 Mahalaxmi 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 Mahalaxmi Jewellers (India)

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mahalaxmi Jewellers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.20 M with Charge ID 100726337 was registered on 31 Dec 2022.

    31 Dec 2022

  • Charges

    A charge with Corporation Bank of Rs. 12.50 M registered on 27 Mar 2006 with Charge ID 90386334 was modified on 03 Nov 2011.

    03 Nov 2011

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 2.00 M with Charge ID 10321913 was registered on 20 Oct 2011.

    20 Oct 2011

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 4.00 M with Charge ID 10261687 was registered on 15 Oct 2010.

    15 Oct 2010

Frequently asked questions

  • Mahalaxmi Jewellers (India) Private Limited was incorporated on 01 Oct 2001.

  • The authorized share capital of Mahalaxmi Jewellers (India) Private Limited is ₹ 9.90 M and paid-up capital is ₹ 3.25 M.

  • Currently 3 directors are associated with Mahalaxmi Jewellers (India) Private Limited.

    • Harshad Laxmilal Kothari
    • Laxmilal Shankarlal Kothari
    • Sadhana Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahalaxmi Jewellers (India) Private Limited is 1-B Bhairav Kripa Bldgn G Acharya Marg Chembur India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Mahalaxmi Jewellers (India) Private Limited is U65100MH2001PTC133514 and the company number is 133514 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahalaxmi Jewellers (India) Private Limited is https://www.mahalaxmijewellers.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mahalaxmi Jewellers (India) Private Limited has risen by 65.96%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mahalaxmi Jewellers (India) Private Limited has experienced an upsurge of 16.88%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mahalaxmi Jewellers (India) Private Limited amount to ₹ 3.89 Cr.

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