Kiran Ornament (I) Private Limited
About Kiran Ornament (I) Private Limited
Data last updated:
Kiran Ornament (I) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 24 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36997MH2013PTC242385. Its GSTIN is 27AAFCK1266J1ZE (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Asha Kiran Solanki and Kiran Champalal Solanki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No 2 Sunny Side Chs Lokhandwala Complex Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹7.87 Lakh (net margin 1.9%) and EBITDA of ₹32.25 Lakh (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kiran Ornament (I) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 2 Sunny Side Chs Lokhandwala Complex Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Kiran Ornament (I) 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 Kiran Ornament (I) 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 Kiran Ornament (I) Private Limited, buy the company report.
Financials of Kiran Ornament (I) Private Limited
FY 2025 filings availableKiran Ornament (I) Private Limited reported revenue of ₹4.18 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 18% fall in the latest year. EBITDA fell 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.87 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Kiran Ornament (I) Private Limited, buy the company report.
Board of directors of Kiran Ornament (I) Private Limited
Kiran Ornament (I) 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 |
|---|---|---|---|---|
| Asha Kiran Solanki | Director | 24 Apr 2013 | 13 Years 6 Months | Current |
| Kiran Champalal Solanki | Director | 24 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Kiran Ornament (I) Private Limited is audited by N G JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N G JAIN & CO | FY 2021 | 103941W |
Shareholding
The shareholding of Kiran Ornament (I) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kiran Ornament (I) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kiran Ornament (I) 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 Kiran Ornament (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kiran Ornament (I) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK1266J1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kiran Ornament (I) Private Limited, buy the company report.
Recent activity
Kiran Ornament (I) Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Narendra Champalal Jain ceased to be Director on 17 Dec 2015.
Frequently asked questions
Kiran Ornament (I) is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 24 April 2013 (13+ years old) and is registered under CIN U36997MH2013PTC242385.
Kiran Ornament (I) has 2 current directors:
- Asha Kiran Solanki - Director
- Kiran Champalal Solanki - Director
The latest financial statements of Kiran Ornament (I) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kiran Ornament (I) is 27AAFCK1266J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kiran Ornament (I) is U36997MH2013PTC242385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kiran Ornament (I) was incorporated on 24 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Narendra Champalal Jain ceased to be Director on 17 Dec 2015. Asha Kiran Solanki was appointed as Director on 24 Apr 2013. Kiran Champalal Solanki was appointed as Director on 24 Apr 2013.
The registered office of Kiran Ornament (I) is at Shop No 2 Sunny Side Chs Lokhandwala Complex Andheri West, Mumbai, Maharashtra, India – 400053.
Kiran Ornament (I) operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
The compliance status of Kiran Ornament (I) is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
