Nobal Jewels Private Limited
About Nobal Jewels Private Limited
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Nobal Jewels Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 06 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51398GJ2015PTC082174. Its GSTIN is 24AAECN8548D1ZG (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Harshit Ranka and Vansh Maheshwari.
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 Office No. 101 1st Floor Millenium Trade Centre Thoba Sheri Mahidharpura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -22.6%) and EBITDA of -₹1.22 Cr (EBITDA margin -21.9%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 59% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nobal Jewels Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 101 1st Floor Millenium Trade Centre Thoba Sheri Mahidharpura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Nobal Jewels 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
Financials of Nobal Jewels Private Limited
FY 2025 filings availableNobal Jewels Private Limited reported revenue of ₹5.58 Cr (up 242% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 242% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 59%. 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 | -₹1.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.26 Cr | ||||
| Balance Sheet | |||||
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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 | -21.9% | ||||
| Net Profit Margin | -22.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nobal Jewels Private Limited, buy the company report.
Board of directors of Nobal Jewels Private Limited
Nobal Jewels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Ranka Also directs: Mishank Diagem Private Limited | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Vansh Maheshwari Also directs: Mishank Diagem Private Limited | Director | 10 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Nobal Jewels Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sil Silver Private Limited | ₹5.67 Cr (FY 2024) | 100.0% | Mumbai, Maharashtra, India | |||
| Balaji Platinum Private Limited | ₹5.65 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Prabhu Jewellers Private Limited | ₹5.64 Cr (FY 2024) | -27.0% | Uttar Pradesh, India | |||
| Nobal Jewels Private Limitedthis company | ₹5.58 Cr (FY 2025) | -₹1.26 Cr | -22.6% | 242.0% | Surat, Gujarat, India | |
| Rajan Propcon Private Limited | ₹5.53 Cr (FY 2025) | 12.0% | Jaipur, Rajasthan, India | |||
| Abhinandan Jewellers Private Limited | ₹5.5 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Shah Jawahar Lal Jethalal Jewellers Private Limited | ₹5.48 Cr (FY 2025) | -9.0% | Bilaspur, Chhattisgarh, India |
To see the full peer comparison of Nobal Jewels Private Limited, buy the company report.
Auditor
Nobal Jewels Private Limited is audited by MANOJ SANDHYA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SANDHYA & CO | FY 2021 | 128529W |
Shareholding
The shareholding of Nobal Jewels 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 Nobal Jewels Private Limited, buy the company report.
Legal cases
Nobal Jewels Private Limited has 5 court cases on record: 3 filed by Nobal Jewels, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax, (Central), Surat | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax , Central , Surat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India Through Secretary and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Assistant Commissioner of Income Tax, Central Circle 3 and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India Thru the Secretary, Ministry of Finance , Dept. of Revenue and Ors | Disposed |
To see the full case history of Nobal Jewels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nobal Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nobal Jewels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN8548D1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nobal Jewels Private Limited, buy the company report.
Recent activity
Nobal Jewels Private Limited has 8 board changes on record since 2015: 5 appointments and 3 cessations. The latest: Sunil Jain ceased to be Director on 10 Jan 2025.
Frequently asked questions
Nobal Jewels is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 06 February 2015 (11+ years old) and is registered under CIN U51398GJ2015PTC082174.
Nobal Jewels has 2 current directors:
- Harshit Ranka - Director
- Vansh Maheshwari - Director
The latest financial statements of Nobal Jewels 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 Nobal Jewels is 24AAECN8548D1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Nobal Jewels is U51398GJ2015PTC082174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nobal Jewels has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending.
Nobal Jewels was incorporated on 06 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nobal Jewels by revenue are Sil Silver Private Limited, Balaji Platinum Private Limited, Prabhu Jewellers Private Limited, Rajan Propcon Private Limited, Abhinandan Jewellers Private Limited and 1 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Sunil Jain ceased to be Director on 10 Jan 2025. Vansh Maheshwari was appointed as Director on 10 Jan 2025. Gautam Chand Ranka ceased to be Director on 26 Mar 2021. Nobal Jewels has 8 board changes on record in total.
The registered office of Nobal Jewels is at Office No. 101 1st Floor Millenium Trade Centre Thoba Sheri Mahidharpura, Surat, Gujarat, India – 395003.
Nobal Jewels operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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