Zar Jewels Private Limited

Manufacturer of gold bangles with global distribution and partnerships with top jewelry brands.

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

Zar Jewels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.50 M
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 112.19 Cr
  • Satisfied Charges ₹ 27.36 Cr
  • Revenue Growth 4.39%
  • Profit Growth 104.98%
  • Ebitda 51.28%
  • Net Worth 36.91%
  • Total Assets 0.95%

About Zar Jewels

Zar Jewels Private Limited (ZJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 August 2007 and has a history of 17 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as R. G. Bangle 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 1.00 Cr and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹112.19 Cr. The company has closed loans amounting to ₹27.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manik Takhtani, Devesh Takhtani, Girdhar Takhtani, and Two other members 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

    U36911MH2007PTC173317

  • Company No.

    173317

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Zar Jewels Private Limited offer?

Zar Jewels Private Limited offers a wide range of products and services, including Designer Bangles, Fashion Bangles, Bangles, Bracelets & Anklets, Crystal Bangles, Bangles, Fancy Bangle.

Company report

Zar Jewels Private Limited

Explore comprehensive data for Zar Jewels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (5)

NameDesignationAppointment DateStatus
Manik Takhtani Country flag representing In Director 09-May-2013Current
Devesh Takhtani Country flag representing In Director 09-May-2013Current
Bharat Takhtani Country flag representing In Director 09-May-2013Current
Girdhar Takhtani Country flag representing In Director 21-Aug-2007Current
Tarun Takhtani Country flag representing In Director 03-Dec-2012Current

Financial Performance of Zar Jewels.

Zar Jewels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.39% increase. The company also saw a substantial improvement in profitability, with a 104.98% increase in profit. The company's net worth Soared by an impressive increase of 36.91%.

Zar Jewels revenue growth over time
Zar Jewels 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
4.39%
Revenue from Operations
4.17%
Total Assets
0.95%
Profit or Loss
104.98%
Net Worth
36.91%
EBITDA
51.28%

What is the Ownership and Shareholding Structure of Zar Jewels?

In 2023, Zar 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

₹112.19 Cr

Satisfied Charges

₹27.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 110.59 Cr
  • Axis Bank Limited : 1.60 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2023Axis Bank Limited₹8.00 MOpen
30 Jul 2023Axis Bank Limited₹8.00 MOpen
09 Nov 2022Others₹15.00 CrOpen
10 Nov 2021Others₹10.00 CrOpen
05 Oct 2021Others₹25.00 CrOpen

How Many Employees Work at Zar Jewels?

Zar Jewels has a workforce of 231 employees as of Apr 10, 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.

Employee growth trends for Zar Jewels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Zar 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 Zar 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 Zar Jewels

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 22.50 Cr registered on 25 May 2015 with Charge ID 10573450 was modified on 19 Dec 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100812833 was registered on 30 Jul 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100812842 was registered on 30 Jul 2023.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 05 Oct 2021 with Charge ID 100488104 was modified on 03 May 2023.

  • Balance Sheet

    Zar Jewels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Zar Jewels Private Limited?

    Zar Jewels Private Limited was incorporated on 21 Aug 2007.

  • What is authorized share capital and paid-up capital of Zar Jewels Private Limited?

    The authorized share capital of Zar Jewels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Zar Jewels Private Limited?

    Currently 5 directors are associated with Zar Jewels Private Limited.

    • Manik Manoj Takhtani
    • Devesh Vijay Takhtani
    • Girdhar Gurmukhdas Takhtani
    • Tarun Mukesh Takhtani
    • Bharat Vijay Takhtani

  • What is the registered address of Zar Jewels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Zar Jewels Private Limited is Grnd Floor Peninsula Spenta Mathuradas Mill Comp N M Joshi Marg Lower Parel (W), Mumbai, Maharashtra, India, 400013.

  • What is the corporate identification number (CIN) and company number of Zar Jewels Private Limited?

    The corporate identification number (CIN) of Zar Jewels Private Limited is U36911MH2007PTC173317 and the company number is 173317 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Zar Jewels Private Limited?

    The Official website of Zar Jewels Private Limited is https://www.zarjewels.com

  • What has been the recent revenue trend for Zar Jewels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Zar Jewels Private Limited has risen by 4.39%.

  • How many employees does Zar Jewels Private Limited currently have?

    As Per 2023 financial reports, 231 employees are currently employed by Zar Jewels Private Limited.

  • What change has been observed in the net worth of Zar Jewels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Zar Jewels Private Limited has experienced an upsurge of 36.91%.

  • What are the total open charges for Zar Jewels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Zar Jewels Private Limited amount to ₹ 112.19 Cr.

  • When was the last Balance Sheet of Zar Jewels Private Limited filed with the ROC?

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

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