Salem Stores Jewellers Private Limited

Online jewelry retailer offering gold, diamond, and silver pieces since 1992.

1992 | Salem, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Salem Stores Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 2.95 Cr
  • Revenue Growth -16.49%
  • Profit Growth 41.22%
  • Ebitda 29.89%
  • Net Worth 25.98%
  • Total Assets 6.02%

About Salem Stores Jewellers

Salem Stores Jewellers Private Limited (SSJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 January 1992 and has a history of 33 years and one month. Its registered office is in Salem, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹2.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yamini Murugan and Murugan serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sssjewellers.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52393TZ1992PTC009173

  • Company No.

    009173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

What products or services does Salem Stores Jewellers Private Limited offer?

Salem Stores Jewellers Private Limited offers a wide range of products and services, including Costume & Fashion Jewelry, Finger Rings, Artificial, Stone and Metal Earrings, Ladies Earring, Die Casting & Investment Castings, Die Cast Components.

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

Board Members (2)

Name Designation Appointment Date Status
Yamini Murugan Country flag representing In Director 04-Jan-2019 Current
Murugan Country flag representing In Director 01-Jan-1992 Current

Financial Performance of Salem Stores Jewellers.

Salem Stores Jewellers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.49% decrease. The company also saw a substantial improvement in profitability, with a 41.22% increase in profit. The company's net worth Soared by an impressive increase of 25.98%.

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
-16.49%
Revenue from Operations
-16.48%
Total Assets
6.02%
Profit or Loss
41.22%
Net Worth
25.98%
EBITDA
29.89%

What is the Ownership and Shareholding Structure of Salem Stores Jewellers?

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

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 M

Satisfied Charges

₹29.50 M

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Apr 2017 Others ₹4.00 Cr Open
08 Apr 2015 Hdfc Bank Limited ₹1.50 Cr Satisfied
18 Feb 2004 The Karur Vysya Bank Ltd ₹2.00 M Satisfied
05 Oct 2002 The Lakshmi Vilas Bank Ltd ₹4.00 M Satisfied
05 Oct 2001 The Lakshmi Vilas Bank Ltd. ₹4.00 M Satisfied

How Many Employees Work at Salem Stores Jewellers?

Unlock and access historical data on people associated with Salem Stores Jewellers, 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 Salem Stores 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 Salem Stores 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 Salem Stores Jewellers

Recent activity within the organization

  • Annual General Meeting

    Salem Stores Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Salem Stores Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 40.00 M registered on 26 Apr 2017 with Charge ID 100098723 was modified on 26 Mar 2021.

    26 Mar 2021

  • Director Appointment

    Yamini Murugan was appointed as a Director was appointed as a Director on 04 Jan 2019 & has been associated with this company since 6 years 1 month .

    04 Jan 2019

  • Charges

    A charge registered on 08 Apr 2015 via Charge ID 10562359 with Hdfc Bank Limited was fully satisfied on 20 May 2017.

    20 May 2017

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100098723 was registered on 26 Apr 2017.

    26 Apr 2017

Frequently asked questions

  • Salem Stores Jewellers Private Limited was incorporated on 01 Jan 1992.

  • The authorized share capital of Salem Stores Jewellers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Salem Stores Jewellers Private Limited.

    • Yamini Murugan
    • Murugan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salem Stores Jewellers Private Limited is 3743Bazaar Street India, Salem, Tamil Nadu, 636001.

  • The corporate identification number (CIN) of Salem Stores Jewellers Private Limited is U52393TZ1992PTC009173 and the company number is 009173 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salem Stores Jewellers Private Limited is https://www.sssjewellers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salem Stores Jewellers Private Limited has fallen by -16.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salem Stores Jewellers Private Limited has experienced an upsurge of 25.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salem Stores Jewellers Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Salem Stores Jewellers Private Limited was filed with the ROC on 31 Mar 2024.

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