About Aspect Bullion Refinery Private Limited
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Aspect Bullion Refinery Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Next Avenue Ventures Private Limited. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 23 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2011PTC217736. Its GSTIN is 27AAHCM2136R1ZZ (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.87 Cr. It was formerly known as Siddhesh Venture Private Limited and King Bullion Private Limited. It is led by directors Vipul Ugamraj Mehta (Managing Director) and Darshan Hemant Desai.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 Floor – 3 Plot – 66 Shaikh Memon Street Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,899.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.53 Cr (net margin 0.1%) and EBITDA of ₹5.47 Cr (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kingbullion.in.
Company details
Name history
Aspect Bullion Refinery has undergone 5 name changes throughout its history. The current legal name is Aspect Bullion Refinery Private Limited.
| Company Name | Status |
|---|---|
| Aspect Bullion Refinery Private Limited | Current |
| Siddhesh Venture Private Limited | Previous |
| King Bullion Private Limited | Previous |
| Irtesh Holdings And Investments Private Limited | Previous |
| Mohit Kamboj Holdings And Investments Limited | Previous |
| Mohit Kamboj Holdings And Investments Private Limited | Previous |
CIN history
Aspect Bullion Refinery has one previous CIN (Corporate Identification Number): U65999MH2011PLC217736. The current CIN is U65999MH2011PTC217736, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999MH2011PTC217736 | Current |
| U65999MH2011PLC217736 | Previous |
Contact details
Aspect Bullion Refinery Private Limited's registered office is in Mumbai, Maharashtra. Its website is kingbullion.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 Floor – 3 Plot – 66 Shaikh Memon Street Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Aspect Bullion Refinery 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
Business activity
The main business activity of Aspect Bullion Refinery is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aspect Bullion Refinery Private Limited, buy the company report.
Financials of Aspect Bullion Refinery Private Limited
FY 2025 filings availableAspect Bullion Refinery Private Limited reported revenue of ₹4,899.88 Cr (up 94134% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years. EBITDA rose 928% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.47 Cr | ||||
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| Net Profit (PAT) | ₹4.53 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Aspect Bullion Refinery Private Limited, buy the company report.
Board of directors of Aspect Bullion Refinery Private Limited
Aspect Bullion Refinery has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Hemant Desai | Director | 20 Mar 2024 | 2 Years 7 Months | Current |
| Vipul Ugamraj Mehta | Managing Director | 23 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Aspect Bullion Refinery Private Limited is audited by Satyaprakash and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Satyaprakash and Co. | FY 2023 | 157507W |
Shareholding
The shareholding of Aspect Bullion Refinery Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aspect Bullion Refinery Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aspect Bullion Refinery 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
Aspect Bullion Refinery Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mac IT Solutions | |||
| Antraweb Technologies Private Limited | |||
| Protolab Electro Technologies Private Limited |
To see the full MSME payment records of Aspect Bullion Refinery Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aspect Bullion Refinery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM2136R1ZZ | Maharashtra | Active | 10 Jan 2018 |
To see the full GST registrations and return filing status of Aspect Bullion Refinery Private Limited, buy the company report.
Recent activity
Aspect Bullion Refinery Private Limited has 12 board changes on record since 2013: 2 appointments and 10 cessations. The latest: Darshan Hemant Desai ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Aspect Bullion Refinery is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 23 May 2011 (15+ years old) and is registered under CIN U65999MH2011PTC217736.
Aspect Bullion Refinery has 2 current directors:
- Vipul Ugamraj Mehta - Managing Director
- Darshan Hemant Desai - Director
The latest financial statements of Aspect Bullion Refinery on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aspect Bullion Refinery is 27AAHCM2136R1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aspect Bullion Refinery is U65999MH2011PTC217736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspect Bullion Refinery was incorporated on 23 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Darshan Hemant Desai ceased to be Additional Director on 29 Sep 2024. Darshan Hemant Desai was appointed as Director on 20 Mar 2024. Sukumar Anand Shetty ceased to be Additional Director on 29 Sep 2018. Aspect Bullion Refinery has 12 board changes on record in total.
Aspect Bullion Refinery has 5 MSME Form 1 returns on record between 2019 and 2021, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 27 Oct 2021.
Aspect Bullion Refinery can be reached through the website kingbullion.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aspect Bullion Refinery is at 2 Floor – 3 Plot – 66 Shaikh Memon Street Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002.
Aspect Bullion Refinery operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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