
About Aavishkaar Gems Private Limited
Data last updated:
Aavishkaar Gems Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74110PN2019PTC185691. Its GSTIN is 27AAMCM8395H1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Aayush Goel and Swapnil Jayeshbhai Madiyar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sno. 6 H.No2/1 (P2/22A) Stellar Spaces Off No. 509 Opp Zensar Tech, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2021, the company reported a revenue of ₹69.28 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹56.2 Lakh (net margin -81.1%) and EBITDA of -₹56.47 Lakh (EBITDA margin -81.5%).
The company is associated with 1 brand: MudraKwik.
For more details, the company can be reached via its website mudrakwik.com.
Company details
CIN history
Aavishkaar Gems has one previous CIN (Corporate Identification Number): U72900PN2019PTC185691. The current CIN is U74110PN2019PTC185691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110PN2019PTC185691 | Current |
| U72900PN2019PTC185691 | Previous |
Recognitions & Rankings of Aavishkaar Gems
Contact details
Aavishkaar Gems Private Limited's registered office is in Pune, Maharashtra. Its website is mudrakwik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSno. 6 H.No2/1 (P2/22A) Stellar Spaces Off No. 509 Opp Zensar Tech, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Aavishkaar Gems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aavishkaar Gems operates one associated brand: MudraKwik. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online finance solutions, loan comparisons, and celebrity wealth data services. | mudrakwik.com |
Financials of Aavishkaar Gems Private Limited
FY 2022 filings availableAavishkaar Gems Private Limited reported revenue of ₹69.28 Lakh (down 27% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹69.28 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹56.47 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹56.2 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -81.5% | |
| Net Profit Margin | -81.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Aavishkaar Gems Private Limited, buy the company report.
Board of directors of Aavishkaar Gems Private Limited
Aavishkaar Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aayush Goel Also directs: Narendra Finance Co Pvt Ltd | Director | 25 Jul 2019 | 7 Years 3 Months | Current |
| Swapnil Jayeshbhai Madiyar Also directs: Make at Home Services LLP, Alpha1 Portfolio Managers Limited Liability Partnership, Axial Capital Private Limited and 1 more | Director | 25 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Aavishkaar Gems Private Limited is audited by B N A & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N A & ASSOCIATES | FY 2021 | 144293W |
Shareholding
The shareholding of Aavishkaar Gems Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aavishkaar Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aavishkaar Gems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aavishkaar Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aavishkaar Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM8395H1ZQ | Maharashtra | Active | 20 Sep 2019 |
To see the full GST registrations and return filing status of Aavishkaar Gems Private Limited, buy the company report.
Recent activity
Aavishkaar Gems Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Sahil Bansal ceased to be Director on 19 May 2022.
Frequently asked questions
Aavishkaar Gems is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 July 2019 (7+ years old) and is registered under CIN U74110PN2019PTC185691.
Aavishkaar Gems has 2 current directors:
- Aayush Goel - Director
- Swapnil Jayeshbhai Madiyar - Director
The latest financial statements of Aavishkaar Gems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Aavishkaar Gems is 27AAMCM8395H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aavishkaar Gems is U74110PN2019PTC185691. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aavishkaar Gems was incorporated on 25 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Sahil Bansal ceased to be Director on 19 May 2022. Aayush Goel was appointed as Director on 25 Jul 2019. Swapnil Jayeshbhai Madiyar was appointed as Director on 25 Jul 2019.
Yes, Aavishkaar Gems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Aavishkaar Gems can be reached through the website mudrakwik.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Aavishkaar Gems is at Sno. 6 H.No21 P222A Stellar Spaces Off No. 509 Opp Zensar Tech, Pune, Maharashtra, India – 411014.

