Palatial Gold Ornaments Private Limited

Specializes in trading and retailing of gold, diamonds, and other precious jewelry through franchise partnerships.

2010 | Calicut, Kerala (India) | Active
Last Updated: July 04, 2024

Palatial Gold Ornaments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.90 Cr
  • Company Age 15 Year, 3 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.93 Cr
  • Revenue Growth 34.18%
  • Profit Growth -0.29%
  • Ebitda 7.07%
  • Net Worth 24.91%
  • Total Assets 34.81%

About Palatial Gold Ornaments

Palatial Gold Ornaments Private Limited (PGOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2010 and has a history of 15 years. Its registered office is in Calicut, Kerala, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.90 Cr.

The company currently has active open charges totaling ₹19.93 Cr.

Asher Ottamoochikkal, Puttat Babu, and Jabir Kattil serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51398KL2010PTC025426

  • Company No.

    025426

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2010

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Consumer Goods

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

Board Members (3)

Name Designation Appointment Date Status
Asher Ottamoochikkal Country flag representing In Director 29-Jan-2010 Current
Puttat Babu Country flag representing In Director 08-Aug-2011 Current
Jabir Kattil Country flag representing In Director 16-Mar-2015 Current

Financial Performance of Palatial Gold Ornaments.

Palatial Gold Ornaments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.18% increase. The company also saw a slight decrease in profitability, with a 0.29% decrease in profit. The company's net worth Soared by an impressive increase of 24.91%.

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
34.18%
Revenue from Operations
34.41%
Total Assets
34.81%
Profit or Loss
-0.29%
Net Worth
24.91%
EBITDA
7.07%

What is the Ownership and Shareholding Structure of Palatial Gold Ornaments?

In 2023, Palatial Gold Ornaments had a promoter holding of 3.00% and a public holding of 97.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.93 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.93 Cr

Latest Charge Details

Date Lender Amount Status
09 Feb 2021 Hdfc Bank Limited ₹1.80 M Open
26 Apr 2012 Hdfc Bank Limited ₹8.00 M Open
31 Mar 2012 Hdfc Bank Limited ₹18.95 Cr Open

How Many Employees Work at Palatial Gold Ornaments?

Palatial Gold Ornaments has a workforce of 76 employees as of Apr 07, 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 Palatial Gold Ornaments, 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 Palatial Gold Ornaments'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 Palatial Gold Ornaments

Recent activity within the organization

  • Annual General Meeting

    Palatial Gold Ornaments Private Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

    14 Sep 2023

  • Balance Sheet

    Palatial Gold Ornaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.95 Cr registered on 31 Mar 2012 with Charge ID 10356534 was modified on 13 Oct 2022.

    13 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100465536 was registered on 09 Feb 2021.

    09 Feb 2021

  • Director Appointment

    Jabir Tavara Kattil was appointed as a Director was appointed as a Director on 16 Mar 2015 & has been associated with this company since 9 years 10 months .

    16 Mar 2015

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.80 Cr registered on 26 Apr 2012 with Charge ID 10356540 was modified on 10 May 2013.

    10 May 2013

Recent News, Updates & Announcement

Frequently asked questions

  • Palatial Gold Ornaments Private Limited was incorporated on 29 Jan 2010.

  • The authorized share capital of Palatial Gold Ornaments Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.90 Cr.

  • Currently 3 directors are associated with Palatial Gold Ornaments Private Limited.

    • Asher Ottamoochikkal
    • Puttat Filsor Babu
    • Jabir Tavara Kattil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palatial Gold Ornaments Private Limited is 16/501 M Montana Estate Paingottupuram Peringolam (Po), Calicut, Kerala, India, 673571.

  • The corporate identification number (CIN) of Palatial Gold Ornaments Private Limited is U51398KL2010PTC025426 and the company number is 025426 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palatial Gold Ornaments Private Limited is https://www.malabargoldanddiamonds.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palatial Gold Ornaments Private Limited has risen by 34.18%.

  • As Per 2023 financial reports, 76 employees are currently employed by Palatial Gold Ornaments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palatial Gold Ornaments Private Limited has experienced an upsurge of 24.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palatial Gold Ornaments Private Limited amount to ₹ 19.93 Cr.

  • The most recent Balance Sheet for Palatial Gold Ornaments Private Limited was filed with the ROC on 31 Mar 2023.

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