Upkar Ornaments (India) Private Limited
About Upkar Ornaments (India) Private Limited
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Upkar Ornaments (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 11 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2004PTC147948. Its GSTIN is 27AAACU6980A1ZD (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.7 Lakh. It is led by directors including Pratima Dilip Jain and Pinky Nilesh Jain.
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. 4 Jay Narayan Bldgaarey Road Goregaon(E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.8 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹20.22 Lakh (net margin 5.3%) and EBITDA of ₹43.98 Lakh (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Upkar Ornaments (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 4 Jay Narayan Bldgaarey Road Goregaon(E), Mumbai, Maharashtra, India – 400063
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Upkar Ornaments (India) 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 Upkar Ornaments (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Upkar Ornaments (India) Private Limited, buy the company report.
Financials of Upkar Ornaments (India) Private Limited
FY 2025 filings availableUpkar Ornaments (India) Private Limited reported revenue of ₹3.8 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 8% growth in the latest year. EBITDA rose 18% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹43.98 Lakh | ||||
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| Net Profit (PAT) | ₹20.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Upkar Ornaments (India) Private Limited, buy the company report.
Board of directors of Upkar Ornaments (India) Private Limited
Upkar Ornaments (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratima Dilip Jain | Director | 01 Jun 2009 | 17 Years 5 Months | Current |
| Pinky Nilesh Jain | Director | 01 Jun 2009 | 17 Years 5 Months | Current |
| Nilesh Arjunlal Jain | Director | 11 Aug 2004 | 22 Years 2 Months | Current |
| Pushpa Arjunlal Jain | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Upkar Ornaments (India) Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leela Diamonds Private Limited | ₹3.84 Cr (FY 2025) | -24.0% | Bhavnagar, Gujarat, India | |||
| Upkar Ornaments (India) Private Limitedthis company | ₹3.8 Cr (FY 2024) | ₹20.22 Lakh | 5.3% | 8.0% | Mumbai, Maharashtra, India | |
| Sri Jugal Kishore Jewellers Private Limited | ₹3.78 Cr (FY 2020) | -16.0% | Chennai, Tamil Nadu, India | |||
| Vansh Jewellers Private Limited | ₹3.78 Cr (FY 2024) | -25.0% | Kolkkata, West Bengal, India |
To see the full peer comparison of Upkar Ornaments (India) Private Limited, buy the company report.
Auditor
Upkar Ornaments (India) Private Limited is audited by CHANCHAL BHANDARI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANCHAL BHANDARI & ASSOCIATES | FY 2021 | 116161W |
Shareholding
The shareholding of Upkar Ornaments (India) 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 Upkar Ornaments (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Upkar Ornaments (India) 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 Upkar Ornaments (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upkar Ornaments (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU6980A1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Upkar Ornaments (India) Private Limited, buy the company report.
Recent activity
Upkar Ornaments (India) Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Pushpa Arjunlal Jain was appointed as Director on 30 Mar 2015.
Frequently asked questions
Upkar Ornaments (India) 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 11 August 2004 (22+ years old) and is registered under CIN U36910MH2004PTC147948.
Upkar Ornaments (India) has 4 current directors:
- Pratima Dilip Jain - Director
- Pinky Nilesh Jain - Director
- Nilesh Arjunlal Jain - Director
- Pushpa Arjunlal Jain - Director
The latest financial statements of Upkar Ornaments (India) 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 Upkar Ornaments (India) is 27AAACU6980A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Upkar Ornaments (India) is U36910MH2004PTC147948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upkar Ornaments (India) was incorporated on 11 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Upkar Ornaments (India) by revenue are Leela Diamonds Private Limited, Sri Jugal Kishore Jewellers Private Limited, Vansh Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Pushpa Arjunlal Jain was appointed as Director on 30 Mar 2015. Dilip Arjunlal Jain ceased to be Director on 17 Jun 2009. Pinky Nilesh Jain was appointed as Director on 01 Jun 2009. Upkar Ornaments (India) has 5 board changes on record in total.
The registered office of Upkar Ornaments (India) is at Shop No. 4 Jay Narayan Bldgaarey Road GoregaonE, Mumbai, Maharashtra, India – 400063.
Upkar Ornaments (India) operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Upkar Ornaments (India) is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
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