Patel Jewellers Private Limited

Jewelry trading company offering a variety of products including gifts, coins, and bridal accessories.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated: July 01, 2024

Patel Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Revenue Growth 53.67%
  • Profit Growth 44.55%
  • Ebitda 42.04%
  • Net Worth 47.13%
  • Total Assets 22.11%

About Patel Jewellers

Patel Jewellers Private Limited (PJPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 2019 (Five years and ten months 6 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹8.00 Cr.

Niruben Patel, Kailashaben Patel, Navneet Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36999MH2019PTC323737

  • Company No.

    323737

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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

Board Members (5)

Name Designation Appointment Date Status
Niruben Patel Country flag representing In Director 04-Apr-2019 Current
Kailashaben Patel Country flag representing In Director 04-Apr-2019 Current
Navneet Patel Country flag representing In Director 04-Apr-2019 Current
Paresh Patel Country flag representing In Director 04-Apr-2019 Current
Shantaben Patel Country flag representing In Director 04-Apr-2019 Current

Financial Performance of Patel Jewellers.

Patel Jewellers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.67% increase. The company also saw a substantial improvement in profitability, with a 44.55% increase in profit. The company's net worth Soared by an impressive increase of 47.13%.

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
53.67%
Revenue from Operations
53.68%
Total Assets
22.11%
Profit or Loss
44.55%
Net Worth
47.13%
EBITDA
42.04%

What is the Ownership and Shareholding Structure of Patel Jewellers?

In 2023, Patel Jewellers had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Jan 2020 Hdfc Bank Limited ₹8.00 Cr Open

How Many Employees Work at Patel Jewellers?

Patel Jewellers has a workforce of 185 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 Patel 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 Patel 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 Patel Jewellers

Recent activity within the organization

  • Annual General Meeting

    Patel Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Patel Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100317996 was registered on 21 Jan 2020.

    21 Jan 2020

  • Director Appointment

    Shantaben Maganbhai Patel was appointed as a Director was appointed as a Director on 04 Apr 2019 & has been associated with this company since 5 years 10 months .

    04 Apr 2019

  • Director Appointment

    Niruben Paresh Patel was appointed as a Director was appointed as a Director on 04 Apr 2019 & has been associated with this company since 5 years 10 months .

    04 Apr 2019

  • Director Appointment

    Kailashaben Navneet Patel was appointed as a Director was appointed as a Director on 04 Apr 2019 & has been associated with this company since 5 years 10 months .

    04 Apr 2019

Frequently asked questions

  • Patel Jewellers Private Limited was incorporated on 04 Apr 2019.

  • The authorized share capital of Patel Jewellers Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Patel Jewellers Private Limited.

    • Niruben Paresh Patel
    • Kailashaben Navneet Patel
    • Navneet Shankarlal Patel
    • Paresh Shankarbhai Patel
    • Shantaben Maganbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Jewellers Private Limited is 604 6Th Floor 28 D.D. Jewel Premises Co-Op Soc Agiary 1St Lane Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Patel Jewellers Private Limited is U36999MH2019PTC323737 and the company number is 323737 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Jewellers Private Limited is https://www.pateljewellers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patel Jewellers Private Limited has risen by 53.67%.

  • As Per 2023 financial reports, 185 employees are currently employed by Patel Jewellers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patel Jewellers Private Limited has experienced an upsurge of 47.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patel Jewellers Private Limited amount to ₹ 8.00 Cr.

  • The most recent Balance Sheet for Patel Jewellers Private Limited was filed with the ROC on 31 Mar 2023.