About
Basic Data Updated:
1 month agoAbhilasha International Private Limited, now known as Prakash Gold Palace Private Limited, has been a prominent player in the jewelry industry for many years. The company specializes in the manufacturing, wholesaling, retailing, and exporting of exquisite gold, silver, and diamond jewelry. Their wide range of products includes stunning diamond rings, bangles, solitaire rings, necklaces, earrings, pendants, bracelets, and plain bangles. The company's success can be attributed to its state-of-the-art manufacturing facility in Chennai, as well as its partnerships with job-work units in Mumbai and Kolkata. These collaborations allow them to meet the high demand for their unique designs in these cities. Prakash Gold Palace Private Limited caters to both domestic and international markets, with a strong focus on exports to Dubai and Singapore. As a proud member of the PGP Group, Prakash Gold Palace Private Limited has established itself as a trusted and reputable brand in the jewelry industry. The company was founded in 1998 and is led by the visionary Mr. Prakash Chand Jain. With its registered office located in Chennai, Tamil Nadu, the company continues to grow and expand its reach, offering customers the finest quality jewelry and exceptional service.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | 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 |
Financials of Prakash Gold Palace Private Limited
Prakash Gold Palace Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.88% decrease. The company also saw a substantial fall in profitability, with a 92.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.18%.
Corporate Structure
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People in Prakash Gold Palace Private Limited
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Executive Team (1)
PJ
Prakash Jain
Managing DirectorAppointment Date: 30-Oct-1999
Status: Current
Board Members(1)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sbicap Trustee Company Limited Creation Date: 17 Aug 1998 | ₹281.90 Cr | Open |
Hdfc Bank Limited Creation Date: 09 May 2016 | ₹85.00 Cr | Satisfied |
State Bank Of India Creation Date: 29 Mar 2016 | ₹135.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
The Madras Jewellers & Diamond Merchants Association
Active
83 years 3 months Mukeshkumar Jain is a mutual person
Abhi Lifestyle Private Limited
Active 8 years 8 months Prakash Jain and Mukeshkumar Jain are mutual person
Recent activity within the organization
Annual General Meeting
Prakash Gold Palace Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Charges
A charge registered on 26 Jun 2015 via Charge ID 10576508 with Indusind Bank Limited was fully satisfied on 11 May 2023.
11 May 2023Balance Sheet
Prakash Gold Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Charges
A charge registered on 17 Aug 1998 via Charge ID 90288931 with State Bank Of India was fully satisfied on 18 Oct 2022.
18 Oct 2022Charges
A charge with Sbicap Trustee Company Limited of Rs. 281.90 cr registered on 17 Aug 1998 with Charge ID 90285218 was modified on 21 Feb 2022.
21 Feb 2022
Frequently asked questions
What is the Incorporation or founding date of Prakash Gold Palace Private Limited?
