Utssav Cz Gold Jewels Limited

Jewelry trading and manufacturing company with a variety of rings, sets, bands, earrings, and pendants.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Utssav Cz Gold Jewels Profile

Key Indicators

  • Authorised Capital ₹ 24.90 Cr
  • Paid Up Capital ₹ 23.82 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.00 Cr
  • Satisfied Charges ₹ 23.94 Cr
  • Revenue Growth 94.22%
  • Profit Growth 126.98%
  • Ebitda 91.19%
  • Net Worth 47.38%
  • Total Assets 45.81%

About Utssav Cz Gold Jewels

Utssav Cz Gold Jewels Limited (UCGJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 November 2007 and has a history of 17 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Utsav Cz Gold Jewels 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 2024. It's a company limited by shares with an authorized capital of Rs 24.90 Cr and a paid-up capital of Rs 23.82 Cr.

The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹23.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Utssav Cz Gold Jewels Limited India are Rakesh Jagawat as Cfo, Rachna Jajoo as Company Secretary, and Harpreet Guleria as Ceo. Shashank Jagawat, Pankajkumar Jagawat, Hitesh Chhajed, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    utssavjewels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911MH2007PLC175758

  • Company No.

    175758

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Utssav Cz Gold Jewels?

Executive Team (4)

NameDesignationAppointment DateStatus
Rakesh Jagawat CFO03-Feb-2024Current
Pankajkumar Jagawat Country flag representing In Managing Director06-Nov-2007Current
Rachna Jajoo Company Secretary15-Jan-2024Current
Harpreet Guleria CEO01-May-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Shashank Jagawat Country flag representing In Whole-Time Director 06-Nov-2007Current
Hitesh Chhajed Country flag representing In Director 10-Apr-2008Current
Sunil Agarwal Country flag representing In Director 03-Feb-2024Current
Ishika Bansal Country flag representing In Director 20-Mar-2024Current

Financial Performance of Utssav Cz Gold Jewels.

Utssav Cz Gold Jewels Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 94.22% increase. The company also saw a substantial improvement in profitability, with a 126.98% increase in profit. The company's net worth Soared by an impressive increase of 47.38%.

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
94.22%
Revenue from Operations
93.18%
Total Assets
45.81%
Profit or Loss
126.98%
Net Worth
47.38%
EBITDA
91.19%

What is the Ownership and Shareholding Structure of Utssav Cz Gold Jewels?

In 2023, Utssav Cz Gold Jewels 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

₹70.00 Cr

Satisfied Charges

₹23.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2016Others₹15.00 CrOpen
30 Jun 2016Others₹55.00 CrOpen
07 Jun 2019Others₹3.50 CrSatisfied
18 Sep 2018Others₹5.10 MSatisfied
31 May 2018Others₹4.00 CrSatisfied

How Many Employees Work at Utssav Cz Gold Jewels?

Utssav Cz Gold Jewels has a workforce of 68 employees as of Apr 05, 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 Utssav Cz Gold 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 Utssav Cz Gold 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 Utssav Cz Gold Jewels

Recent activity within the organization

  • Annual General Meeting

    Utssav Cz Gold Jewels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Harpreet Singh Guleria was appointed as a Ceo was appointed as a Ceo on 01 May 2024 & has been associated with this company since 9 months 23 days .

    01 May 2024

  • Balance Sheet

    Utssav Cz Gold Jewels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ishika Bansal was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 11 months 4 days .

    20 Mar 2024

  • Director Appointment

    Rakesh Shantilal Jagawat was appointed as a Cfo was appointed as a Cfo on 03 Feb 2024 & has been associated with this company since 1 year 19 days .

    03 Feb 2024

  • Director Appointment

    Sunil Agarwal was appointed as a Director was appointed as a Director on 03 Feb 2024 & has been associated with this company since 1 year 19 days .

    03 Feb 2024

Frequently asked questions

  • Utssav Cz Gold Jewels Limited was incorporated on 06 Nov 2007.

  • The authorized share capital of Utssav Cz Gold Jewels Limited is ₹ 24.90 Cr and paid-up capital is ₹ 23.82 Cr.

  • Currently 8 directors are associated with Utssav Cz Gold Jewels Limited.

    • Rakesh Shantilal Jagawat
    • Shashank Bhawarlal Jagawat
    • Pankajkumar Hastimal Jagawat
    • Hitesh Jagdish Chhajed
    • Sunil Agarwal
    • Ishika Bansal
    • Rachna Jajoo
    • Harpreet Singh Guleria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Utssav Cz Gold Jewels Limited is 2Nd Floor Hitech Plaza Giriraj Indl Estate Mahakali Caves Road, Andheri (East) India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Utssav Cz Gold Jewels Limited is U36911MH2007PLC175758 and the company number is 175758 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Utssav Cz Gold Jewels Limited is https://www.utssavjewels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Utssav Cz Gold Jewels Limited has risen by 94.22%.

  • As Per 2023 financial reports, 68 employees are currently employed by Utssav Cz Gold Jewels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Utssav Cz Gold Jewels Limited has experienced an upsurge of 47.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Utssav Cz Gold Jewels Limited amount to ₹ 70.00 Cr.

  • The most recent Balance Sheet for Utssav Cz Gold Jewels Limited was filed with the ROC on 31 Mar 2024.

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