Saaz Chains Private Limited
About Saaz Chains Private Limited
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Saaz Chains 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 22 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2021PTC353964. Its GSTIN is 27ABFCS3374N1ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Abhilash Gyan Chordia and Arvindkumar Mokhamsingh Chordia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹112.89 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹87.98 Lakh (net margin 0.8%) and EBITDA of ₹1.8 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
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- Registered AddressA – 1102 Aaditya Pearl A Wing, P H Purohit Lane Ramwadi, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry 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
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Business Activity of Saaz Chains Private Limited
The main business activity of Saaz Chains is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Saaz Chains Private Limited FY 2025 filings available
Saaz Chains Private Limited reported revenue of ₹112.89 Cr (up 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Saaz Chains Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 65% growth in the latest year. EBITDA fell 17% 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 of Saaz Chains Private Limited
| 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 | ₹1.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹87.98 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 of Saaz Chains Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Saaz Chains are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Saaz Chains Private Limited
Saaz Chains Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Ambalal Chaturbhai Jewels Private Limited | ₹115.78 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Vadodara, Gujarat, India |
| Twinkle Diamond Jewellery (India) Private Limited | ₹114.48 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Sree Devi Jewellers Private Limited | ₹114.38 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Coimbatore, Tamil Nadu, India |
| Gys Jewels Private Limited | ₹113.87 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Mumbai, Maharashtra, India |
| Guru Krupa Gems and Jewellery Limited Listed | ₹113.08 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | City Taluka, Gujarat, India |
| Saaz Chains Private Limited this company | ₹112.89 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Mumbai, Maharashtra, India |
| Sunita Jewellers Private Limited | ₹112.58 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Delhi, India |
| Manish Jewellers Private Limited | ₹112.44 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Mumbai-400 002, Maharashtra, India |
| Starfire Gems Private Limited | ₹111.61 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| JRJ Ornament Private Limited | ₹111.39 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| Ganjam Nagappa and Son Private Limited | ₹111.17 Cr (FY 2022) | •••• | •••• | 81.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Saaz Chains by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Saaz Chains Private Limited
Saaz Chains Private Limited is audited by Parag Davda & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Parag Davda & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Saaz Chains Private Limited
Saaz Chains 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 |
|---|---|---|---|---|
| Arvindkumar Mokhamsingh Chordia | Additional Director | 16 Jan 2024 | 2 Years 8 Months | Current |
| Abhilash Gyan Chordia Also directs: Rishabh Suitings LLP, Indexone International Private Limited, Verpack Plastics Private Limited and 2 more | Director | 22 Jan 2021 | 5 Years 8 Months | Current |
Ownership and Shareholding of Saaz Chains Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Saaz Chains Private Limited
Saaz Chains Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Saaz Chains Private Limited
Saaz Chains Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Saaz Chains Private Limited
Saaz Chains Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Navin Chordia ceased to be Director on 11 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Saaz Chains Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Saaz Chains Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Saaz Chains Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Saaz Chains Private Limited
Saaz Chains has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABFCS3374N1ZR | Maharashtra | Active | 05 Feb 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Saaz Chains Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Saaz Chains Private Limited
Saaz Chains 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 22 January 2021 (5+ years old) and is registered under CIN U36910MH2021PTC353964.
Saaz Chains reported revenue of ₹112.89 Cr for FY 2025 (up 65% YoY).
Saaz Chains has 2 current directors:
- Arvindkumar Mokhamsingh Chordia - Additional Director
- Abhilash Gyan Chordia - Director
Saaz Chains reported a net profit of ₹87.98 Lakh (net margin 0.8%) and EBITDA of ₹1.8 Cr (EBITDA margin 1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Saaz Chains is 26% over three years. In the latest year (FY 2025) revenue rose 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Saaz Chains is 27ABFCS3374N1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saaz Chains is U36910MH2021PTC353964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saaz Chains was incorporated on 22 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Saaz Chains by revenue are Shri Ambalal Chaturbhai Jewels Private Limited, Twinkle Diamond Jewellery (India) Private Limited, Sree Devi Jewellers Private Limited, Gys Jewels Private Limited, Guru Krupa Gems and Jewellery Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Navin Chordia ceased to be Director on 11 Jun 2025. Shashi Chordia ceased to be Additional Director on 11 Jun 2025. Arvindkumar Mokhamsingh Chordia was appointed as Additional Director on 16 Jan 2024. Saaz Chains has 4 board changes on record in total.
The registered office of Saaz Chains is at A – 1102 Aaditya Pearl A Wing, P H Purohit Lane Ramwadi, Mumbai, Maharashtra, India – 400002.