Panache Jewels Private Limited
About Panache Jewels Private Limited
Data last updated:
Panache Jewels Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the sports goods segment of the musical instruments sector. It was incorporated on 14 May 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2010PTC238985. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Amish Ashvin Shah and Bijon Ashvin Shah.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Office No. 02 Gardi Mansion Next To Panchratna Bldg Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2015, the company reported a revenue of ₹3.06 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 0.5%) and EBITDA of ₹5.37 Lakh (EBITDA margin 1.8%).
Company details
CIN history
Panache Jewels has one previous CIN (Corporate Identification Number): U36912GJ2010PTC060725. The current CIN is U36912MH2010PTC238985, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36912MH2010PTC238985 | Current |
| U36912GJ2010PTC060725 | Previous |
Contact details
Panache Jewels Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressOffice No. 02 Gardi Mansion Next To Panchratna Bldg Opera House, Mumbai, Maharashtra, India – 400004
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
- 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 Panache Jewels is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Panache Jewels Private Limited, buy the company report.
Financials of Panache Jewels Private Limited
FY 2015 filings availablePanache Jewels Private Limited reported revenue of ₹3.06 Cr (up 13% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year. EBITDA rose 237% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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 | ₹5.37 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.63 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
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| Investments | |
| Inventories | |
| Trade Receivables | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 1.8% |
| Net Profit Margin | 0.5% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
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| Asset Turnover | |
| Receivable Days | |
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To see the full financial statements and ratios of Panache Jewels Private Limited, buy the company report.
Board of directors of Panache Jewels Private Limited
Panache Jewels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amish Ashvin Shah Also directs: Bandra Furniture Store LLP, Mantrika Exim LLP, Suvyoma Enterprises Private Limited and 5 more | Director | 14 May 2010 | 16 Years 5 Months | As last reported |
| Bijon Ashvin Shah | Director | 01 Apr 2012 | 14 Years 6 Months | As last reported |
Peer comparison
Panache Jewels Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navjot Cements and Constructions Private Limited | ₹3.07 Cr (FY 2024) | 59.0% | Punjab, India | |||
| Yes Salt Private Limited | ₹3.07 Cr (FY 2025) | 7.0% | Bharuch, Gujarat, India | |||
| Drspectra Wellness Private Limited | ₹3.06 Cr (FY 2024) | 37.0% | Ghaziabad, Uttar Pradesh, India | |||
| Bapu Marble Private Limited | ₹3.06 Cr (FY 2024) | -11.0% | Rajsamand, Rajasthan, India | |||
| Pi Controls Instruments Private Limited | ₹3.06 Cr (FY 2025) | 49.0% | Pardi, Gujarat, India | |||
| Panache Jewels Private Limitedthis company | ₹3.06 Cr (FY 2015) | ₹1.63 Lakh | 0.5% | 13.0% | Mumbai, Maharashtra, India | |
| Arvind Ceramics Private Limited | ₹3.06 Cr (FY 2024) | -38.0% | Champa, Chhattisgarh, India | |||
| I-Cube Industries Private Limited | ₹3.06 Cr (FY 2024) | -47.0% | Ahmedabad, Gujarat, India | |||
| Jaimal Exports Private Limited | ₹3.06 Cr (FY 2025) | 5.0% | Punjab, India | |||
| Mahesh Kumar Soni Jewellers Private Limited | ₹3.05 Cr (FY 2023) | -26.0% | Kolkata, West Bengal, India | |||
| Nifty Plastics Private Limited | ₹3.05 Cr (FY 2025) | 9.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Panache Jewels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panache Jewels 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 Panache Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panache Jewels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Panache Jewels Private Limited, buy the company report.
Recent activity
Panache Jewels Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Bijon Ashvin Shah was appointed as Director on 01 Apr 2012.
Frequently asked questions
Panache Jewels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Panache Jewels was a private limited company based in Mumbai, Maharashtra, India. The company worked in sports goods, within the musical instruments industry. It was incorporated on 14 May 2010 and is registered under CIN U36912MH2010PTC238985. The company has been struck off by the Registrar of Companies and is no longer operational.
Panache Jewels had 2 directors:
- Amish Ashvin Shah - Director
- Bijon Ashvin Shah - Director
The CIN (Corporate Identification Number) of Panache Jewels is U36912MH2010PTC238985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Panache Jewels is at Office No. 02 Gardi Mansion Next To Panchratna Bldg Opera House, Mumbai, Maharashtra, India – 400004.
Panache Jewels was incorporated on 14 May 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Panache Jewels on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Panache Jewels has 1 GST registration on record and it is cancelled or inactive.
Panache Jewels operated in the musical instruments industry, in the sports goods segment. It worked in this industry before it was struck off.
The peers of Panache Jewels by revenue are Navjot Cements and Constructions Private Limited, Yes Salt Private Limited, Drspectra Wellness Private Limited, Bapu Marble Private Limited, Pi Controls Instruments Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Bijon Ashvin Shah was appointed as Director on 01 Apr 2012. Rajendra Kumar ceased to be Director on 01 Apr 2012. Sagar Nitin Parikh ceased to be Director on 01 Apr 2012. Panache Jewels has 4 board changes on record in total.