Suvarnakala Private Limited

Sells gems and jewelry through showrooms and online portal.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Suvarnakala Profile

Key Indicators

  • Authorised Capital ₹ 10.75 Cr
  • Paid Up Capital ₹ 5.08 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.00 Cr
  • Satisfied Charges ₹ 42.30 Cr
  • Revenue Growth -2.89%
  • Profit Growth -17.86%
  • Ebitda 18.91%
  • Net Worth 5.52%
  • Total Assets 3.63%

About Suvarnakala

Suvarnakala Private Limited (SPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 1999 and has a history of 25 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Suvarna Kala Private Limited. 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 10.75 Cr and a paid-up capital of Rs 5.08 Cr.

The company currently has active open charges totaling ₹19.00 Cr. The company has closed loans amounting to ₹42.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Suvarnakala Private Limited India is Hitesh Makavana as COMPANY SECRETARY. Gunjan Soni, Prakashchandra Soni, and Darshan Soni serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22219GJ1999PTC036754

  • Company No.

    036754

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Suvarnakala Private Limited offer?

Suvarnakala Private Limited offers a wide range of products and services, including Diamonds & Diamond Jewels, Diamond Jewelry, Gold Jewelry, Men Gold Ring, Diamond Rings, Necklace, Mangalsutra, Fancy Jewelry, Jewellery Set, Diamond Bracelets.

Who are the key members and board of directors at Suvarnakala?

Executive Team (1)

Name Designation Appointment Date Status
Hitesh Makavana Company Secretary 16-Jan-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Gunjan Soni Country flag representing In Director 20-Oct-1999 Current
Prakashchandra Soni Country flag representing In Director 20-Oct-1999 Current
Darshan Soni Country flag representing In Director 01-Sep-2007 Current

Financial Performance of Suvarnakala.

Suvarnakala Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.89% decrease. The company also saw a substantial fall in profitability, with a 17.86% decrease in profit. The company's net worth moved up by a moderate rise of 5.52%.

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
-2.89%
Revenue from Operations
-2.89%
Total Assets
3.63%
Profit or Loss
-17.86%
Net Worth
5.52%
EBITDA
18.91%

What is the Ownership and Shareholding Structure of Suvarnakala?

In 2023, Suvarnakala 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

₹19.00 Cr

Satisfied Charges

₹42.30 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.00 Cr
  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Nov 2023 Others ₹5.00 Cr Open
09 Mar 2007 Axis Bank Limited ₹14.00 Cr Open
03 Sep 2019 Axis Bank Limited ₹1.63 M Satisfied
19 Apr 2017 Hdfc Bank Limited ₹15.00 Cr Satisfied
09 Mar 2016 Yes Bank Limited ₹12.00 Cr Satisfied

How Many Employees Work at Suvarnakala?

Suvarnakala has a workforce of 231 employees as of Apr 08, 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 Suvarnakala, 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 Suvarnakala'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 Suvarnakala

Recent activity within the organization

  • Charges

    A charge registered on 03 Sep 2019 via Charge ID 100294031 with Axis Bank Limited was fully satisfied on 30 May 2024.

    30 May 2024

  • Director Appointment

    Hitesh Rameshbhai Makavana was appointed as a Company Secretary was appointed as a Company Secretary on 16 Jan 2024 & has been associated with this company since 1 year 23 days .

    16 Jan 2024

  • Charges

    A charge registered on 19 Apr 2017 via Charge ID 100099836 with Hdfc Bank Limited was fully satisfied on 11 Jan 2024.

    11 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100821579 was registered on 07 Nov 2023.

    07 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Suvarnakala Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Suvarnakala Private Limited was incorporated on 20 Oct 1999.

  • The authorized share capital of Suvarnakala Private Limited is ₹ 10.75 Cr and paid-up capital is ₹ 5.08 Cr.

  • Currently 4 directors are associated with Suvarnakala Private Limited.

    • Gunjan Prakashchandra Soni
    • Prakashchandra Shantilal Soni
    • Darshan Prakashchandra Soni
    • Hitesh Rameshbhai Makavana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suvarnakala Private Limited is 101 National Plaza Opp. Super Mall C. G. Road Navrangpura, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Suvarnakala Private Limited is U22219GJ1999PTC036754 and the company number is 036754 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suvarnakala Private Limited is https://www.suvarnakala.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Suvarnakala Private Limited has fallen by -2.89%.

  • As Per 2023 financial reports, 231 employees are currently employed by Suvarnakala Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suvarnakala Private Limited has experienced an upsurge of 5.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suvarnakala Private Limited amount to ₹ 19.00 Cr.

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

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