Mahashe Jewellers Private Limited

Manufacturer of jewelry, musical instruments, medical instruments, and sports goods since 2003.

2003 | Shimla, Himachal Pradesh (India) | Active
Last Updated: January 08, 2025

Mahashe Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.42 Cr
  • Satisfied Charges ₹ 8.11 Cr
  • Revenue Growth 15.73%
  • Profit Growth 73.33%
  • Ebitda 54.38%
  • Net Worth 12.14%
  • Total Assets 13.91%

About Mahashe Jewellers

Mahashe Jewellers Private Limited (MJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 2003 and has a history of 21 years and ten months. Its registered office is in Shimla, Himachal Pradesh, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹15.42 Cr. The company has closed loans amounting to ₹8.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Meenakshi Sood and Viplav Sood serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahashejewellers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911HP2003PTC025883

  • Company No.

    025883

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Consumer Goods
Healthcare
Manufacturing

Who are the key members and board of directors at Mahashe Jewellers?

Board Members (2)

Name Designation Appointment Date Status
Meenakshi Sood Country flag representing In Director 27-Mar-2003 Current
Viplav Sood Country flag representing In Director 05-Aug-2006 Current

Financial Performance of Mahashe Jewellers.

Mahashe Jewellers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.73% increase. The company also saw a substantial improvement in profitability, with a 73.33% increase in profit. The company's net worth Soared by an impressive increase of 12.14%.

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
15.73%
Revenue from Operations
15.71%
Total Assets
13.91%
Profit or Loss
73.33%
Net Worth
12.14%
EBITDA
54.38%

What is the Ownership and Shareholding Structure of Mahashe Jewellers?

In 2022, Mahashe Jewellers 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

₹154.25 M

Satisfied Charges

₹81.11 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 15.42 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2024 Indian Bank ₹1.45 M Open
28 Mar 2024 Indian Bank ₹3.20 M Open
29 Nov 2023 Indian Bank ₹4.80 Cr Open
30 Oct 2023 Indian Bank ₹8.00 Cr Open
28 Sep 2022 Indian Bank ₹2.16 Cr Open

How Many Employees Work at Mahashe Jewellers?

Mahashe Jewellers has a workforce of 11 employees as of Apr 03, 2024. 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 Mahashe Jewellers, 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 Mahashe Jewellers'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 Mahashe Jewellers

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 1.45 M with Charge ID 101020653 was registered on 30 Dec 2024.

    30 Dec 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mahashe Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.

    31 Mar 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 3.20 M with Charge ID 100889861 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Indian Bank of Rs. 48.00 M registered on 29 Nov 2023 with Charge ID 100828674 was modified on 01 Jan 2024.

    01 Jan 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 48.00 M with Charge ID 100828674 was registered on 29 Nov 2023.

    29 Nov 2023

Frequently asked questions

  • Mahashe Jewellers Private Limited was incorporated on 27 Mar 2003.

  • The authorized share capital of Mahashe Jewellers Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Mahashe Jewellers Private Limited.

    • Meenakshi Sood
    • Viplav Sood
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahashe Jewellers Private Limited is 18, The Mall Distt Shimla India, Himachal Pradesh, 171001.

  • The corporate identification number (CIN) of Mahashe Jewellers Private Limited is U36911HP2003PTC025883 and the company number is 025883 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahashe Jewellers Private Limited is https://www.mahashejewellers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mahashe Jewellers Private Limited has risen by 15.73%.

  • As Per 2022 financial reports, 11 employees are currently employed by Mahashe Jewellers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mahashe Jewellers Private Limited has experienced an upsurge of 12.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mahashe Jewellers Private Limited amount to ₹ 15.42 Cr.

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

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