Verigold Jewellery India Private Limited

Manufactures and retails jewelry made from various metals and stones, with value addition services.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: July 27, 2024

Verigold Jewellery India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.63 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -19.20%
  • Profit Growth 34.15%
  • Ebitda 32.60%
  • Net Worth -40.82%
  • Total Assets 10.83%

About Verigold Jewellery India

Verigold Jewellery India Private Limited (VJIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 2018 (Six years and 11 months 16 days old ). Its registered office is in Mumbai, Maharashtra, 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 2.00 M and a paid-up capital of Rs 1.63 M, as per Ministry of Corporate Affairs (MCA) records.

Hitesh Shah, Niranjan Shah, Leshna Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2018PTC305467

  • Company No.

    305467

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Verigold Jewellery India?

Board Members (4)

Name Designation Appointment Date Status
Niranjan Shah Country flag representing In Director 23-Feb-2018 Current
Leshna Shah Country flag representing In Additional Director Current
Hitesh Shah Country flag representing In Director 23-Feb-2018 Current
Darshil Shah Country flag representing In Director Current

Financial Performance of Verigold Jewellery India.

Verigold Jewellery India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.2% decrease. The company also saw a substantial improvement in profitability, with a 34.15% increase in profit. The company's net worth observed a substantial decline by a decrease of 40.82%.

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
-19.20%
Revenue from Operations
-19.66%
Total Assets
10.83%
Profit or Loss
34.15%
Net Worth
-40.82%
EBITDA
32.60%

What is the Ownership and Shareholding Structure of Verigold Jewellery India?

In 2023, Verigold Jewellery India had a promoter holding of 97.00% and a public holding of 3.00%. 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 Verigold Jewellery India?

Verigold Jewellery India has a workforce of 6 employees as of Apr 07, 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 Verigold Jewellery India, 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 Verigold Jewellery India'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 Verigold Jewellery India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Verigold Jewellery India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Hitesh Mahendrakumar Shah was appointed as a Director was appointed as a Director on 23 Feb 2018 & has been associated with this company since 6 years 11 months .

    23 Feb 2018

  • Director Appointment

    Niranjan Amratlal Shah was appointed as a Director was appointed as a Director on 23 Feb 2018 & has been associated with this company since 6 years 11 months .

    23 Feb 2018

  • Company Incorporation

    Verigold Jewellery India Private Limited was registered on 23 Feb 2018 with Roc Mumbai & aged 6 years 11 months as per MCA records.

    23 Feb 2018

Frequently asked questions

  • Verigold Jewellery India Private Limited was incorporated on 23 Feb 2018.

  • The authorized share capital of Verigold Jewellery India Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.63 M.

  • Currently 4 directors are associated with Verigold Jewellery India Private Limited.

    • Hitesh Mahendrakumar Shah
    • Niranjan Amratlal Shah
    • Leshna Sumit Shah
    • Darshil Atul Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Verigold Jewellery India Private Limited is C-82-C B1 Floor - 8 Plot-224 Mittal Court Jamnalal Bajaj Marg Narim, An Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Verigold Jewellery India Private Limited is U74999MH2018PTC305467 and the company number is 305467 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Verigold Jewellery India Private Limited has fallen by -19.20%.

  • As Per 2023 financial reports, 6 employees are currently employed by Verigold Jewellery India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Verigold Jewellery India Private Limited has experienced an downturn of -40.82%.

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