Mmtc Gitanjali Limited

Retailer of gold, silver, and diamond jewelry with 11 outlets across the country.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Mmtc Gitanjali Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 11.49 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 30.00 Cr
  • Revenue Growth -64.84%
  • Profit Growth -23.33%
  • Ebitda -5.34%
  • Net Worth -9.32%
  • Total Assets -36.76%

About Mmtc Gitanjali

Mmtc Gitanjali Limited (MGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 October 2008 and has a history of 16 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mmtc Gitanjali 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 2017. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 11.49 Cr.

The company currently has active open charges totaling ₹30.00 Cr.

Mehul Choksi, Dhanesh Sheth, Aniyath Nair, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gitanjaligroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2008PLC187891

  • Company No.

    187891

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 2008

  • Date of AGM

    26 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Mmtc Gitanjali?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Karamchandani Country flag representing In Managing Director09-Nov-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Mehul Choksi Country flag representing In Director 31-Oct-2008Current
Dhanesh Sheth Country flag representing In Director 21-Dec-2012Current
Aniyath Nair Country flag representing In Director 31-Mar-2012Current
Milind Limaye Country flag representing In Director 14-May-2014Current
Vijay Gupta Country flag representing In Additional Director 07-Dec-2017Current
Ramachandran Panchapakesan Country flag representing In Additional Director 07-Dec-2017Current

Financial Performance of Mmtc Gitanjali.

Mmtc Gitanjali Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 64.84% decrease. The company also saw a substantial fall in profitability, with a 23.33% decrease in profit. The company's net worth dipped by a decrease of 9.32%.

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
-64.84%
Revenue from Operations
-64.86%
Total Assets
-36.76%
Profit or Loss
-23.33%
Net Worth
-9.32%
EBITDA
-5.34%

What is the Ownership and Shareholding Structure of Mmtc Gitanjali?

In 2017, Mmtc Gitanjali had a promoter holding of 99.85% and a public holding of 0.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2009State Bank Of Hyderabad₹30.00 CrOpen

How Many Employees Work at Mmtc Gitanjali?

Mmtc Gitanjali has a workforce of 6 employees as of Apr 01, 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 Mmtc Gitanjali, 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 Mmtc Gitanjali'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 Mmtc Gitanjali

Recent activity within the organization

  • Director Appointment

    Vijay Kumar Gupta was appointed as a Additional Director was appointed as a Additional Director on 07 Dec 2017 & has been associated with this company since 7 years 2 months .

    07 Dec 2017

  • Director Appointment

    Ramachandran Panchapakesan was appointed as a Additional Director was appointed as a Additional Director on 07 Dec 2017 & has been associated with this company since 7 years 2 months .

    07 Dec 2017

  • Director Appointment

    Mahesh Narayan Karamchandani was appointed as a Managing Director was appointed as a Managing Director on 09 Nov 2017 & has been associated with this company since 7 years 3 months .

    09 Nov 2017

  • Annual General Meeting

    Mmtc Gitanjali Limited last Annual general meeting of members was held on 26 Sep 2017 as per latest MCA records.

    26 Sep 2017

  • Balance Sheet

    Mmtc Gitanjali Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Director Appointment

    Milind Anant Limaye was appointed as a Director was appointed as a Director on 14 May 2014 & has been associated with this company since 10 years 9 months .

    14 May 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Mmtc Gitanjali Limited was incorporated on 31 Oct 2008.

  • The authorized share capital of Mmtc Gitanjali Limited is ₹ 50.00 Cr and paid-up capital is ₹ 11.49 Cr.

  • Currently 7 directors are associated with Mmtc Gitanjali Limited.

    • Mehul Chinubhai Choksi
    • Dhanesh Vrajlal Sheth
    • Aniyath Shivraman Nair
    • Milind Anant Limaye
    • Mahesh Narayan Karamchandani
    • Vijay Kumar Gupta
    • Ramachandran Panchapakesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mmtc Gitanjali Limited is B/6 1St Floor Laxmi Tower Bandra Kurla Complex (East), India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Mmtc Gitanjali Limited is U74999MH2008PLC187891 and the company number is 187891 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mmtc Gitanjali Limited is https://www.gitanjaligroup.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Mmtc Gitanjali Limited has fallen by -64.84%.

  • As Per 2015 financial reports, 6 employees are currently employed by Mmtc Gitanjali Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Mmtc Gitanjali Limited has experienced an downturn of -9.32%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Mmtc Gitanjali Limited amount to ₹ 30.00 Cr.

  • The most recent Balance Sheet for Mmtc Gitanjali Limited was filed with the ROC on 31 Mar 2017.

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