Prakash Gold Palace Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.63 Cr
- Company Age 26 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 281.90 Cr
- Satisfied Charges ₹ 516.20 Cr
- Revenue Growth 13.67%
- Profit Growth 109.15%
- Ebitda -0.92%
- Net Worth 0.19%
- Total Assets 0.94%
About Prakash Gold Palace
Prakash Gold Palace Private Limited (PGPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 1998 and has a history of 26 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Abhilasha International 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.63 Cr.
The company currently has active open charges totaling ₹281.90 Cr. The company has closed loans amounting to ₹516.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mukeshkumar Jain and Prakash Jain serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U36911TN1998PTC040659
- Company No.
040659
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jun 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Prakash Gold Palace?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Jain  | Managing Director | 30-Oct-1999 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mukeshkumar Jain | Director | 30-Oct-1999 | Current |
Financial Performance of Prakash Gold Palace.
Prakash Gold Palace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.67% increase. The company also saw a substantial improvement in profitability, with a 109.15% increase in profit. The company's net worth moved up by a moderate rise of 0.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Prakash Gold Palace?
In 2023, Prakash Gold Palace had a promoter holding of 62.45% and a public holding of 37.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Madras Jewellers & Diamond Merchants AssociationMukeshkumar Jain is a mutual person
Abhi Lifestyle Private LimitedMukeshkumar Jain and Prakash Jain are mutual person
Abhilasha Jewellers Private LimitedMukeshkumar Jain is a mutual person
Hardika Sales Private LimitedMukeshkumar Jain is a mutual person
- Php Creations Private Limited
Prakash Jain is a mutual person
- Suryaprakash Hotels Private Limited
Prakash Jain is a mutual person
Charges (Loans)
₹281.90 Cr
₹516.20 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 281.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 1998 | Sbicap Trustee Company Limited | ₹281.90 Cr | Open |
| 09 May 2016 | Hdfc Bank Limited | ₹85.00 Cr | Satisfied |
| 29 Mar 2016 | State Bank Of India | ₹135.00 Cr | Satisfied |
| 26 Jun 2015 | Indusind Bank Limited | ₹20.00 Cr | Satisfied |
| 17 Jun 2014 | Hdfc Bank Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Prakash Gold Palace?
Prakash Gold Palace has a workforce of 51 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prakash Gold Palace, 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 Prakash Gold Palace's trajectory.
Rating
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
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.
