Parekh Ornaments Llp

Imports, exports, and trades various types of gold, silver, platinum, and other jewelry materials.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: January 23, 2024

Parekh Ornaments Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 1.00 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth -30.67%
  • Profit Growth 146.82%
  • Ebitda -28.02%
  • Total Assets 15.70%

About Parekh Ornaments Llp

Parekh Ornaments Llp (POL) is 8 Year, 9 Months old Limited Liability Partnership 05 April 2016. Its registered office is in Mumbai, Maharashtra, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 1.00 M as per MCA.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAG-1266

  • Incorporation Date

    05 Apr 2016

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Mumbai

  • Company Classification

    Limited Liability Partnership

Industry

Consumer Goods

Who are the key members and board of directors at Parekh Ornaments Llp?

Designated Partners (2)

NameDesignationAppointment DateStatus
Mahesh Parekh Country flag representing In Designated Partner 05-Apr-2016Current
Mukesh Parekh Country flag representing In Designated Partner 05-Apr-2016Current

Financial Performance of Parekh Ornaments Llp.

Parekh Ornaments Llp, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.67% decrease. The company also saw a substantial improvement in profitability, with a 146.82% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
-30.67%
Revenue from Operations
-30.67%
Total Assets
15.70%
Profit or Loss
146.82%
Net Worth
EBITDA
-28.02%

What is the Ownership and Shareholding Structure of Parekh Ornaments Llp?

Unlock access to Parekh Ornaments Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹75.00 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2022Punjab National Bank₹4.13 MOpen
14 Oct 2021Punjab National Bank₹1.86 MOpen
28 Feb 2019Icici Bank Limited₹7.50 CrSatisfied

How Many Employees Work at Parekh Ornaments Llp?

Unlock and access historical data on people associated with Parekh Ornaments Llp, 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 Parekh Ornaments Llp, 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 Parekh Ornaments Llp'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 Parekh Ornaments Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Parekh Ornaments Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Mumbai.

    31 Mar 2023

  • Charges

    A charge with Punjab National Bank amounted to Rs. 4.13 M with Charge ID 100629919 was registered on 15 Nov 2022.

    15 Nov 2022

  • Charges

    A charge registered on 28 Feb 2019 via Charge ID 100243571 with Icici Bank Limited was fully satisfied on 11 Nov 2021.

    11 Nov 2021

  • Charges

    A charge with Punjab National Bank amounted to Rs. 1.86 M with Charge ID 100500066 was registered on 14 Oct 2021.

    14 Oct 2021

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 75.00 M with Charge ID 100243571 was registered on 28 Feb 2019.

    28 Feb 2019

  • Director Appointment

    Mahesh Rajmal Parekh was appointed as a Designated Partner was appointed as a Designated Partner on 05 Apr 2016 & has been associated with this company since 8 years 9 months .

    05 Apr 2016

Frequently asked questions

  • Parekh Ornaments Llp was incorporated on 05 Apr 2016.

  • The Obligation of Contribution of Parekh Ornaments Llp is ₹ 1.00 M.

  • Currently 2 partners are associated with Parekh Ornaments Llp.

    • Mahesh Rajmal Parekh
    • Mukesh Rajmal Parekh
    Mahesh Rajmal ParekhMukesh Rajmal Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parekh Ornaments Llp is 20 Chandra Villa Nehru Road Near Shiv Sagar Hotel Vile Parle (E), Na City, Mumbai, Maharashtra, India, 400057.

  • The Limited Liability Partnership Identification Number (LLPIN) of Parekh Ornaments Llp is AAG-1266.

  • According to the financial reports for the fiscal year 2021, the revenue trend for Parekh Ornaments Llp has fallen by -30.67%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Parekh Ornaments Llp amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Parekh Ornaments Llp was filed with the ROC on 31 Mar 2023.