Tara Jewels Limited

Designs, manufactures, and retails diamond studded jewelry, with international presence and government recognition.

2001 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: April 19, 2024

Tara Jewels Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 24.62 Cr
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 798.46 Cr
  • Satisfied Charges ₹ 1,875.12 Cr
  • Revenue Growth -63.05%
  • Profit Growth -6014.48%
  • Ebitda -137.34%
  • Net Worth -133.56%
  • Total Assets -46.95%

About Tara Jewels

Tara Jewels Limited (TJL) is Under Liquidation company established on 16 Mar 2001 with its office registered at Mumbai, Maharashtra, India and has been running since 23 Year, 10 Months with a paid up capital of 24.62 Cr. According to MCA records, 3 Directors and 2 Signatories are linked to this company as of 19 Apr 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L52393MH2001PLC131252

  • Company No.

    131252

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2001

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Tara Jewels Limited offer?

Tara Jewels Limited offers a wide range of products and services, including Material Testing Labs & Services, Metal Testing Services, Vocational Education and Training, Art And Design Schools, Software Development & IT Consultant, Software Development Services, Waste Recycling Services, Electronic Waste Recycling Services.

Who are the key members and board of directors at Tara Jewels?

Executive Team (3)

Name Designation Appointment Date Status
Disha Tulsiani Country flag representing In CFO Current
Rajeev Sheth Country flag representing In Managing Director 16-Mar-2001 Current
Sanjay Sethi Country flag representing In CFO Current

Board Members (2)

Name Designation Appointment Date Status
Fern Mallis Country flag representing Us Director 20-Sep-2010 Current
Disha Tulsiani Country flag representing In Whole-Time Director and Cfo 29-May-2018 Current

Financial Performance of Tara Jewels.

Tara Jewels Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 63.05% decrease. The company also saw a substantial fall in profitability, with a 6014.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 133.56%.

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
-63.05%
Revenue from Operations
-63.43%
Total Assets
-46.95%
Profit or Loss
-6014.48%
Net Worth
-133.56%
EBITDA
-137.34%

What is the Ownership and Shareholding Structure of Tara Jewels?

In 2018, Tara Jewels had a promoter holding of 39.22% and a public holding of 60.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹798.46 Cr

Satisfied Charges

₹1,875.12 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 743.00 Cr
  • Others : 30.00 Cr
  • Icici Bank Limited : 13.40 Cr
  • Punjab National Bank : 7.50 Cr
  • Corporation Bank : 2.50 Cr
  • Others : 2.06 Cr

Latest Charge Details

Date Lender Amount Status
27 Nov 2015 Punjab National Bank ₹7.50 Cr Open
06 Nov 2015 Others ₹30.00 Cr Open
11 May 2015 Daimler Financial Services India Private Limited ₹1.53 Cr Open
22 Oct 2014 Corporation Bank ₹2.50 Cr Open
13 Nov 2013 Siemens Financial Services Private Limited ₹5.27 M Open

How Many Employees Work at Tara Jewels?

Tara Jewels has a workforce of 247 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 Tara Jewels, 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 Tara Jewels'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 Tara Jewels

Recent activity within the organization

  • Annual General Meeting

    Tara Jewels Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Director Appointment

    Disha Kishin Tulsiani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 May 2018 & has been associated with this company since 6 years 8 months .

    29 May 2018

  • Balance Sheet

    Tara Jewels Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge registered on 12 Feb 2015 via Charge ID 10571335 with Bajaj Finance Limited was fully satisfied on 06 Apr 2017.

    06 Apr 2017

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 06 Nov 2015 with Charge ID 10626700 was modified on 24 Mar 2017.

    24 Mar 2017

  • Charges

    A charge registered on 14 Jul 2015 via Charge ID 10580668 with Punjab National Bank was fully satisfied on 14 Jan 2016.

    14 Jan 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Tara Jewels Limited was incorporated on 16 Mar 2001.

  • The authorized share capital of Tara Jewels Limited is ₹ 30.00 Cr and paid-up capital is ₹ 24.62 Cr.

  • Currently 5 directors are associated with Tara Jewels Limited.

    • Rajeev Vasant Sheth
    • Fern Joy Mallis
    • Disha Kishin Tulsiani
    • Sanjay Sethi
    • Disha Kishin Tulsiani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tara Jewels Limited is Plot No.-122 15Th Road, Near Idbi Bank M.I.D.C. Andheri (E), Mumbai, Maharashtra, India, 400093.

  • The corporate identification number (CIN) of Tara Jewels Limited is L52393MH2001PLC131252 and the company number is 131252 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tara Jewels Limited is https://www.tarajewels.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Tara Jewels Limited has fallen by -63.05%.

  • As Per 2018 financial reports, 247 employees are currently employed by Tara Jewels Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Tara Jewels Limited has experienced an downturn of -133.56%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Tara Jewels Limited amount to ₹ 798.46 Cr.

  • The most recent Balance Sheet for Tara Jewels Limited was filed with the ROC on 31 Mar 2018.

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