Shangold India Limited

Exports gold and diamond-studded jewellery and finished diamonds to US and European markets.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Shangold India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.83 Cr
  • Company Age 25 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.67 Cr
  • Revenue Growth 11.47%
  • Profit Growth 1.63%
  • Ebitda -39.74%
  • Net Worth 2.36%
  • Total Assets 5.55%

About Shangold India

Shangold India Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 January 2000 and has a history of 25 years. 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 1.83 Cr.

The company currently has active open charges totaling ₹36.67 Cr.

Rajeevshankar Pandya, Pradeepshankar Pandya, and Nagesh More serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36912MH2000PLC123669

  • Company No.

    123669

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 2000

  • Date of AGM

    30 Dec 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 Shangold India?

Executive Team (1)

Name Designation Appointment Date Status
Rajeevshankar Pandya Country flag representing In Managing Director 17-Jan-2000 Current

Board Members (2)

Name Designation Appointment Date Status
Pradeepshankar Pandya Country flag representing In Additional Director 28-Aug-2023 Current
Nagesh More Country flag representing In Additional Director 20-Oct-2023 Current

Financial Performance of Shangold India.

Shangold India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.47% increase. The company also saw a slight improvement in profitability, with a 1.63% increase in profit. The company's net worth moved up by a moderate rise of 2.36%.

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
11.47%
Revenue from Operations
10.36%
Total Assets
5.55%
Profit or Loss
1.63%
Net Worth
2.36%
EBITDA
-39.74%

What is the Ownership and Shareholding Structure of Shangold India?

In 2022, Shangold India had a promoter holding of 57.52% and a public holding of 42.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.67 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India As Lead Bank : 16.50 Cr
  • Bank Of India : 15.39 Cr
  • Syndicate Bank : 4.00 Cr
  • Canara Bank : 0.78 Cr

Latest Charge Details

Date Lender Amount Status
27 Dec 2021 Bank Of India ₹1.24 Cr Open
14 Aug 2020 Canara Bank ₹7.78 M Open
31 Jul 2020 Bank Of India ₹2.40 Cr Open
08 Aug 2015 Syndicate Bank ₹4.00 Cr Open
02 Sep 2014 Bank Of India ₹3.00 Cr Open

How Many Employees Work at Shangold India?

Shangold India has a workforce of 27 employees as of Mar 31, 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 Shangold India, 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 Shangold India'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 Shangold India

Recent activity within the organization

  • Annual General Meeting

    Shangold India Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Director Appointment

    Nagesh Gopinath More was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2023 & has been associated with this company since 1 year 3 months .

    20 Oct 2023

  • Director Appointment

    Pradeepshankar Ganeshnath Pandya was appointed as a Additional Director was appointed as a Additional Director on 28 Aug 2023 & has been associated with this company since 1 year 5 months .

    28 Aug 2023

  • Balance Sheet

    Shangold India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 1.24 Cr with Charge ID 100538708 was registered on 27 Dec 2021.

    27 Dec 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 0.78 Cr with Charge ID 100377181 was registered on 14 Aug 2020.

    14 Aug 2020

Frequently asked questions

  • Shangold India Limited was incorporated on 17 Jan 2000.

  • The authorized share capital of Shangold India Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.83 Cr.

  • Currently 3 directors are associated with Shangold India Limited.

    • Rajeevshankar Anandshankar Pandya
    • Pradeepshankar Ganeshnath Pandya
    • Nagesh Gopinath More
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shangold India Limited is Gj-02 Sdf-7 Seepz, Andheri-(E) India, Mumbai, Maharashtra, 400096.

  • The corporate identification number (CIN) of Shangold India Limited is U36912MH2000PLC123669 and the company number is 123669 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shangold India Limited is https://www.shankarjewels.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shangold India Limited has risen by 11.47%.

  • As Per 2022 financial reports, 27 employees are currently employed by Shangold India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shangold India Limited has experienced an upsurge of 2.36%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shangold India Limited amount to ₹ 36.67 Cr.

  • The most recent Balance Sheet for Shangold India Limited was filed with the ROC on 31 Mar 2023.

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