Shrest Jewellers Private Limited

Jewelry store in Karwar, incorporated in 2011, with registered office in Karnataka.

2011 | Uttara Kannada, Karnataka (India) | Active
Last Updated: December 03, 2024

Shrest Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 157.87%
  • Profit Growth 37.17%
  • Ebitda 38.35%
  • Net Worth 50.12%
  • Total Assets 58.88%

About Shrest Jewellers

Shrest Jewellers Private Limited (SJPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 October 2011 and has a history of 13 years and three months. Its registered office is in Uttara Kannada, Karnataka, 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 1.00 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Nanda Vernekar, Prashant Vernekar, Ravikant Vernekar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36911KA2011PTC060770

  • Company No.

    060770

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

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

Executive Team (1)

Name Designation Appointment Date Status
Prashant Vernekar Country flag representing In Managing Director 11-Oct-2011 Current

Board Members (3)

Name Designation Appointment Date Status
Nanda Vernekar Country flag representing In Director 11-Oct-2011 Current
Ravikant Vernekar Country flag representing In Director 11-Oct-2011 Current
Sanjeev Vernekar Country flag representing In Director 11-Oct-2011 Current

Financial Performance of Shrest Jewellers.

Shrest Jewellers Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 157.87% increase. The company also saw a substantial improvement in profitability, with a 37.17% increase in profit. The company's net worth Soared by an impressive increase of 50.12%.

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
157.87%
Revenue from Operations
158.04%
Total Assets
58.88%
Profit or Loss
37.17%
Net Worth
50.12%
EBITDA
38.35%

What is the Ownership and Shareholding Structure of Shrest Jewellers?

In 2021, Shrest 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Shrest Jewellers?

Unlock and access historical data on people associated with Shrest 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 Shrest 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 Shrest 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 Shrest Jewellers

Recent activity within the organization

  • Annual General Meeting

    Shrest Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Shrest Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Nanda Savalaram Vernekar was appointed as a Director was appointed as a Director on 11 Oct 2011 & has been associated with this company since 13 years 3 months .

    11 Oct 2011

  • Director Appointment

    Prashant Nanda Vernekar was appointed as a Managing Director was appointed as a Managing Director on 11 Oct 2011 & has been associated with this company since 13 years 3 months .

    11 Oct 2011

  • Director Appointment

    Ravikant Nanda Vernekar was appointed as a Director was appointed as a Director on 11 Oct 2011 & has been associated with this company since 13 years 3 months .

    11 Oct 2011

  • Director Appointment

    Sanjeev Nanda Vernekar was appointed as a Director was appointed as a Director on 11 Oct 2011 & has been associated with this company since 13 years 3 months .

    11 Oct 2011

Frequently asked questions

  • Shrest Jewellers Private Limited was incorporated on 11 Oct 2011.

  • The authorized share capital of Shrest Jewellers Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Shrest Jewellers Private Limited.

    • Nanda Savalaram Vernekar
    • Prashant Nanda Vernekar
    • Ravikant Nanda Vernekar
    • Sanjeev Nanda Vernekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shrest Jewellers Private Limited is First Floor Rayhilsort Residency Dr. Pikle Road, India, Karwar, Karnataka, 581301.

  • The corporate identification number (CIN) of Shrest Jewellers Private Limited is U36911KA2011PTC060770 and the company number is 060770 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shrest Jewellers Private Limited is https://www.shrest-jewellery.business.site

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shrest Jewellers Private Limited has risen by 157.87%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shrest Jewellers Private Limited has experienced an upsurge of 50.12%.

  • The most recent Balance Sheet for Shrest Jewellers Private Limited was filed with the ROC on 31 Mar 2023.