Company Intelligence Profile
Best Money Gold Jewellery Private Limited
Best Money Gold Jewellery Private Limited (trading as "Best Money Gold" / BMG) is a Chennai-headquartered gold-buying and jewellery retail business.
CIN: U36935TN2014PLC098373ActiveRoC-Chennai, Tamil NaduConfidence: medium — CIN gate matched on corrected CIN
Last updated 20 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Best Money Gold Jewellery Private Limited |
|---|---|
| CIN | U36935TN2014PLC098373 |
| PAN | Not available in the public sources reviewed. |
| Status | Active (Private Limited Company) |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 09 December 2014 |
| ROC | RoC-Chennai, Tamil Nadu |
| Sector (NIC) | Manufacturing/Retail Trading of gold & silver jewellery — NIC 36935 (Manufacture of jewellery and related articles); business description "Selling and manufacturing of gold, silver; retail trading" |
| Registered address | No.213/816, Mahavir Complex, 2nd Floor, Royapettah, Chennai, Tamil Nadu 600014 |
| Authorized capital | ₹4.02 crore (₹40,200,000) — Tofler, TheCompanyCheck |
| Paid-up capital | ₹2.70 crore (₹27,000,000), issued & subscribed ₹2.70 crore — Tofler, TheCompanyCheck |
Business Overview
Partial / conflicting- Best Money Gold Jewellery Private Limited (trading as "Best Money Gold" / BMG) is a Chennai-headquartered gold-buying and jewellery retail business
- Per its own website it positions itself as part of the "Balamuthalagu Group of Companies" with a claimed 90-year gold-trading heritage, operating 200+ branches across Tamil Nadu, Puducherry, Kerala and Andhra Pradesh, buying/selling gold, silver and diamond jewellery, coins and bars, and serving 500,000+ customers (company website claims, not independently verified)
- EPFO data cited by TheCompanyCheck shows ~85 employees (Apr 2024), up 102% YoY
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anbarasan Nantha Kumar | 07000367 | Director & Shareholder since incorporation 09-Dec-2014, DIN 07000367 Tofler; | - |
| Veluchamy Velmurugan | - | Director, appointed 05-Feb-2025, DIN not obtained. Past directors per search snippet, unverified/single-source: Marikannan Ariyaputhiran, Krishnan Parthibaraja, Gunaseelan Mariappan. | 05-Feb-2025 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 33AAGCB1247B1ZD | Tamil Nadu | Not obtained from a primary source. A PAN can be algebraically derived from the (single-source, unverified) GSTIN below as AAGCB1247B, but this is not confirmed by any registry filing — treat as unconfirmed. | - |
Not confirmed via a reliable primary source (knowyourgst/findgst/mastersindia not checked/available). A GSTIN "33AAGCB1247B1ZD" (Tamil Nadu, state code 33) surfaced only via a Justdial branch listing for the Trichy outlet — single, non-preferred source — so treat as unverified/partial, not confirmed. Home state would be Tamil Nadu if correct. #registrations and status: not obtained.
Financials
Partial / conflicting- FY2024-25: Revenue ₹278.57 crore (+94% YoY)
- EBITDA and PAT: locked/not disclosed (premium-gated)
- Per Tofler (FY2023-24, different vintage): Revenue range ₹100-150 crore
- EBITDA change -122.67% YoY (implies a swing to negative/loss-making EBITDA that year)
- Net worth +26.32% YoY
- Borrowings down 41.17%
- Assets down 4.95%
- Note: the two sources cite different fiscal years and revenue figures that are not directly reconcilable from available text — flagged as a source/period conflict, not a contradiction confirmed to be erroneous
- Standalone vs consolidated basis: not specified by either source (company has no disclosed subsidiaries, so likely standalone)
- Net worth absolute figure and borrowings absolute figure: not obtained
Charges & Borrowings
Partial / conflicting- Total open charges ₹11.5 crore across 26 charge records
- South Indian Bank Limited holds ₹5.00 crore
- other lenders (unnamed) hold ₹6.50 crore
- satisfied charges ₹0
- Not cross-verified against a second source — treat as partial/confirmed-single-source
Competitors
Partial / conflicting- Named peers in the Tamil Nadu/South-India old-gold-buying and jewellery retail space (comparable business model — gold buying + jewellery retail): (1) Muthoot Gold Point / Muthoot Group gold-buying arm — large, pan-India scale, part of major NBFC group (much larger scale)
- (2) Fast Money Gold (fastmoneygold.com) — direct old-gold-buying competitor, similar regional scale, 2000+ Google reviews cited
- (3) Thangamayil Jewellery Ltd — listed, 65+ showroom jewellery retailer in Tamil Nadu (larger, listed-company scale)
- (4) Jos Alukkas — large multi-state jewellery retail chain (much larger scale)
- (5) GRT Jewellers, Chennai — established large jewellery retail chain (larger scale)
- These are drawn from web-search adjacency (same geography/category), not from a dedicated competitor-analysis source — treat as indicative, not a verified peer set
Frequently Asked Questions
What does Best Money Gold Jewellery Private Limited do?
Best Money Gold Jewellery Private Limited (trading as "Best Money Gold" / BMG) is a Chennai-headquartered gold-buying and jewellery retail business.
What is the CIN of Best Money Gold Jewellery Private Limited?
The Corporate Identification Number (CIN) of Best Money Gold Jewellery Private Limited is U36935TN2014PLC098373.
Where is Best Money Gold Jewellery Private Limited registered?
Best Money Gold Jewellery Private Limited is registered with RoC-Chennai, Tamil Nadu (Tofler, TheCompanyCheck). Registered address: No.213/816, Mahavir Complex, 2nd Floor, Royapettah, Chennai, Tamil Nadu 600014 (Tofler, TheCompanyCheck — both agree; note an older/alternate address "No.20B, Kaliamman Koil Street, Sai Nagar, Virugambakkam, Chennai 600092" appears in some search-engine snipp…
When was Best Money Gold Jewellery Private Limited incorporated?
Best Money Gold Jewellery Private Limited was incorporated on 09 December 2014 (Tofler, TheCompanyCheck).
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