Priority Gold Private Limited

Manufacturer and marketer of plain gold jewelry, specializing in high volume, low margin pieces.

2011 | Mumbai, Maharashtra (India) | Merged
Last Updated:

Priority Gold Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 15.50 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 280.50 Cr
  • Revenue Growth -9.84%
  • Profit Growth -49.62%
  • Ebitda -260.36%
  • Net Worth 4.22%
  • Total Assets -3.85%

About Priority Gold

Priority Gold Private Limited (PGPL) is Amalgamated company established on 12 Jan 2011 with its office registered at Mumbai, Maharashtra, India and has been running since 14 Year, 1 Month with a paid up capital of 15.50 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    priorityindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28990MH2011PTC212237

  • Company No.

    212237

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 2011

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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

Board Members (3)

NameDesignationAppointment DateStatus
Shailesh Sangani Country flag representing Gb Director 12-Jan-2011Current
Jaison Panakkal Country flag representing In Director 04-Apr-2011Current
Tushar Anantrai Country flag representing In Director 04-Apr-2011Current

Financial Performance of Priority Gold.

Priority Gold Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 9.84% decrease. The company also saw a substantial fall in profitability, with a 49.62% decrease in profit. The company's net worth moved up by a moderate rise of 4.22%.

Priority Gold revenue growth over time
Priority Gold 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
-9.84%
Revenue from Operations
-10.85%
Total Assets
-3.85%
Profit or Loss
-49.62%
Net Worth
4.22%
EBITDA
-260.36%

What is the Ownership and Shareholding Structure of Priority Gold?

In 2019, Priority Gold had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹280.50 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 155.00 Cr
  • The Ratnakar Bank Limited : 20.00 Cr
  • State Bank Of Hyderabad : 20.00 Cr
  • Union Bank Of India : 20.00 Cr
  • Idbi Bank Limited : 20.00 Cr
  • Others : 45.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2015Punjab National Bank₹15.00 CrSatisfied
27 Mar 2015Idbi Bank Limited₹20.00 CrSatisfied
11 Mar 2013Yes Bank Limited₹140.00 CrSatisfied
20 Dec 2012Union Bank Of India₹20.00 CrSatisfied
23 Jul 2011Corporation Bank Limited₹15.50 CrSatisfied

How Many Employees Work at Priority Gold?

Priority Gold has a workforce of 13 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.

Employee growth trends for Priority Gold Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Priority Gold, 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 Priority Gold'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 Priority Gold

Recent activity within the organization

  • Charges

    A charge registered on 11 Mar 2013 via Charge ID 10417262 with Yes Bank Limited was fully satisfied on 16 Jan 2020.

  • Annual General Meeting

    Priority Gold Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Priority Gold Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

  • Charges

    A charge with Yes Bank Limited of Rs. 140.00 Cr registered on 11 Mar 2013 with Charge ID 10417262 was modified on 04 Oct 2018.

  • Charges

    A charge registered on 21 Jun 2011 via Charge ID 10297755 with State Bank Of Hyderabad was fully satisfied on 22 Mar 2018.

  • Charges

    A charge registered on 30 Mar 2011 via Charge ID 10279304 with Yes Bank Limited was fully satisfied on 06 Mar 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Priority Gold Private Limited?

    Priority Gold Private Limited was incorporated on 12 Jan 2011.

  • What is authorized share capital and paid-up capital of Priority Gold Private Limited?

    The authorized share capital of Priority Gold Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 15.50 Cr.

  • Who are the current board members & directors of Priority Gold Private Limited?

    Currently 3 directors are associated with Priority Gold Private Limited.

    • Shailesh Harkisandas Sangani
    • Jaison Simon Panakkal
    • Tushar Mehta Anantrai

  • What is the registered address of Priority Gold Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Priority Gold Private Limited is Plot No. 121 Street No.15/18 Midc, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Priority Gold Private Limited?

    The corporate identification number (CIN) of Priority Gold Private Limited is U28990MH2011PTC212237 and the company number is 212237 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Priority Gold Private Limited?

    The Official website of Priority Gold Private Limited is https://www.priorityindia.com

  • What has been the recent revenue trend for Priority Gold Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Priority Gold Private Limited has fallen by -9.84%.

  • How many employees does Priority Gold Private Limited currently have?

    As Per 2019 financial reports, 13 employees are currently employed by Priority Gold Private Limited.

  • What change has been observed in the net worth of Priority Gold Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Priority Gold Private Limited has experienced an upsurge of 4.22%.

  • When was the last Balance Sheet of Priority Gold Private Limited filed with the ROC?

    The most recent Balance Sheet for Priority Gold Private Limited was filed with the ROC on 31 Mar 2019.

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