Suwarnsparsh Gems & Jewellery Limited

Retailer of gemstones and lightweight and artificial jewelry, including precious and imitation pieces.

2009 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 26, 2024

Suwarnsparsh Gems & Jewellery Profile

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 7.92 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 32.60 Cr
  • Revenue Growth -7.56%
  • Profit Growth 0.83%
  • Ebitda 6.43%
  • Net Worth 21.05%
  • Total Assets 8.70%

About Suwarnsparsh Gems & Jewellery

Suwarnsparsh Gems & Jewellery Limited (SGJL) is Under Liquidation company established on 18 Jun 2009 with its office registered at Mumbai, Maharashtra, India and has been running since 15 Year, 7 Months with a paid up capital of 7.92 Cr. According to MCA records, 3 Directors are linked to this company as of 26 Apr 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911MH2009PLC193415

  • Company No.

    193415

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2009

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Suwarnsparsh Gems & Jewellery Limited offer?

Suwarnsparsh Gems & Jewellery Limited offers a wide range of products and services, including Bangles, Bracelets & Anklets, Fashion Bracelets, Astrology Services, Sapphire Gemstone, Blue Sapphire, Gold Jewelry, Gold Necklace, Golden Bangle, Gold Plated Bangles, Yellow Sapphire.

Who are the key members and board of directors at Suwarnsparsh Gems & Jewellery?

Executive Team (1)

Name Designation Appointment Date Status
Vimal Patel Country flag representing In Managing Director 18-Jun-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Chandrashekhar Chauhan Country flag representing In Director 14-Sep-2018 Current
Kinnari Patel Country flag representing In Director 04-Jun-2011 Current

Financial Performance of Suwarnsparsh Gems & Jewellery.

Suwarnsparsh Gems & Jewellery Limited, for the financial year ended 2017, experienced Minor drop in revenue, with a 7.56% decrease. The company also saw a slight improvement in profitability, with a 0.83% increase in profit. The company's net worth Soared by an impressive increase of 21.05%.

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
-7.56%
Revenue from Operations
-7.53%
Total Assets
8.70%
Profit or Loss
0.83%
Net Worth
21.05%
EBITDA
6.43%

What is the Ownership and Shareholding Structure of Suwarnsparsh Gems & Jewellery?

In 2016, Suwarnsparsh Gems & Jewellery 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

₹32.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 22.78 Cr
  • Bank Of Baroda : 9.82 Cr

Latest Charge Details

Date Lender Amount Status
19 Dec 2013 Bank Of India ₹14.66 Cr Open
31 Aug 2013 Bank Of India ₹1.20 M Open
27 Jul 2013 Bank Of India ₹8.00 Cr Open
22 Jul 2011 Bank Of Baroda ₹4.50 Cr Open
22 Jul 2011 Bank Of Baroda ₹5.32 Cr Open

How Many Employees Work at Suwarnsparsh Gems & Jewellery?

Suwarnsparsh Gems & Jewellery has a workforce of 0 employees as of Apr 02, 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 Suwarnsparsh Gems & Jewellery, 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 Suwarnsparsh Gems & Jewellery'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 Suwarnsparsh Gems & Jewellery

Recent activity within the organization

  • Director Appointment

    Chandrashekhar Lashrmansinh Chauhan was appointed as a Director was appointed as a Director on 14 Sep 2018 & has been associated with this company since 6 years 4 months .

    14 Sep 2018

  • Annual General Meeting

    Suwarnsparsh Gems & Jewellery Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Suwarnsparsh Gems & Jewellery Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Charges

    A charge with Bank Of India of Rs. 14.66 Cr registered on 19 Dec 2013 with Charge ID 10493963 was modified on 19 Jan 2016.

    19 Jan 2016

  • Charges

    A charge with Bank Of India amounted to Rs. 14.66 Cr with Charge ID 10493963 was registered on 19 Dec 2013.

    19 Dec 2013

  • Charges

    A charge with Bank Of India amounted to Rs. 0.12 Cr with Charge ID 10452083 was registered on 31 Aug 2013.

    31 Aug 2013

Frequently asked questions

  • Suwarnsparsh Gems & Jewellery Limited was incorporated on 18 Jun 2009.

  • The authorized share capital of Suwarnsparsh Gems & Jewellery Limited is ₹ 11.50 Cr and paid-up capital is ₹ 7.92 Cr.

  • Currently 3 directors are associated with Suwarnsparsh Gems & Jewellery Limited.

    • Chandrashekhar Lashrmansinh Chauhan
    • Kinnari Vimalkumar Patel
    • Vimal Mafatlal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suwarnsparsh Gems & Jewellery Limited is 10Th Floor Parekh Market, 39 Jagannath Shankar Seth Road Opera House, Mumbai, Maharashtra, India, 400004.

  • The corporate identification number (CIN) of Suwarnsparsh Gems & Jewellery Limited is U36911MH2009PLC193415 and the company number is 193415 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suwarnsparsh Gems & Jewellery Limited is https://www.suwarnsparsh.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Suwarnsparsh Gems & Jewellery Limited has fallen by -7.56%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Suwarnsparsh Gems & Jewellery Limited has experienced an upsurge of 21.05%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Suwarnsparsh Gems & Jewellery Limited amount to ₹ 32.60 Cr.

  • The most recent Balance Sheet for Suwarnsparsh Gems & Jewellery Limited was filed with the ROC on 31 Mar 2017.

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