- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0279693

Aadey Jewels Private Limited
About Aadey Jewels Private Limited
Data last updated:
Aadey Jewels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 05 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36996GJ2012PTC072899. Its GSTIN is 24AALCA2297D1ZS (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rimple Varunkumar Shah and Varunkumar Rajendrakumar Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 310 – 311 Iscon Arcade Opp. Jade Blue C.G.Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹250.9 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹5.66 Cr (net margin 2.3%) and EBITDA of ₹7.98 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹1.78 Cr on record.
Aadey Jewels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0279693). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Aadey Jewels
Contact details
Aadey Jewels Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address310 – 311 Iscon Arcade Opp. Jade Blue C.G.Road, Ahmedabad, Gujarat, India – 380006
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Aadey 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
Business activity
The main business activity of Aadey Jewels 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 Aadey Jewels Private Limited, buy the company report.
Financials of Aadey Jewels Private Limited
FY 2024 filings availableAadey Jewels Private Limited reported revenue of ₹250.9 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 27% growth in the latest year. EBITDA rose 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 |
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| EBITDA | ₹7.98 Cr | ||||
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| Net Profit (PAT) | ₹5.66 Cr | ||||
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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 | 3.2% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Aadey Jewels Private Limited, buy the company report.
Board of directors of Aadey Jewels Private Limited
Aadey Jewels 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 |
|---|---|---|---|---|
| Rimple Varunkumar Shah | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
| Varunkumar Rajendrakumar Shah | Director | 05 Dec 2012 | 13 Years 11 Months | Current |
| Rajendra Mafatlal Shah | Director | 05 Dec 2012 | 13 Years 11 Months | Current |
| Hansaben Rajendrakumar Shah | Director | 05 Dec 2012 | 13 Years 11 Months | Current |
Peer comparison
Aadey Jewels 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RN Bullions Private Limited | ₹257.52 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Shashank Bullion Private Limited | ₹255.7 Cr (FY 2025) | 534.0% | Agra, Uttar Pradesh, India | |||
| Aadey Jewels Private Limitedthis company | ₹250.9 Cr (FY 2025) | ₹5.66 Cr | 2.3% | 27.0% | Ahmedabad, Gujarat, India | |
| Kubde Jewellers Private Limited | ₹245.81 Cr (FY 2024) | 19.0% | Amravati, Maharashtra, India |
To see the full peer comparison of Aadey Jewels Private Limited, buy the company report.
Auditor
Aadey Jewels Private Limited is audited by SONI & PATEL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONI & PATEL | FY 2023 | 134652W |
Shareholding
The shareholding of Aadey Jewels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Aadey Jewels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2024 | 101010708 | Others | ₹1.78 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aadey 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
Aadey Jewels Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satsang Jewellers | |||
| an individual supplier |
To see the full MSME payment records of Aadey Jewels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aadey Jewels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA2297D1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aadey Jewels Private Limited, buy the company report.
Recent activity
Aadey Jewels Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Rimple Varunkumar Shah ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Aadey Jewels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 05 December 2012 (14+ years old) and is registered under CIN U36996GJ2012PTC072899.
Aadey Jewels has 4 current directors:
- Rimple Varunkumar Shah - Director
- Varunkumar Rajendrakumar Shah - Director
- Rajendra Mafatlal Shah - Director
- Hansaben Rajendrakumar Shah - Director
The latest financial statements of Aadey Jewels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aadey Jewels is 24AALCA2297D1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Aadey Jewels is U36996GJ2012PTC072899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadey Jewels was incorporated on 05 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aadey Jewels by revenue are RN Bullions Private Limited, Shashank Bullion Private Limited, Kubde Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Rimple Varunkumar Shah ceased to be Additional Director on 30 Sep 2019. Rimple Varunkumar Shah was appointed as Director on 29 Apr 2019. Hansaben Rajendrakumar Shah was appointed as Director on 05 Dec 2012. Aadey Jewels has 5 board changes on record in total.
Yes, Aadey Jewels is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0279693).
Aadey Jewels has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 12 overdue payments to 2 micro and small suppliers. The latest return was filed on 09 Jun 2019.
The registered office of Aadey Jewels is at 310 – 311 Iscon Arcade Opp. Jade Blue C.G.Road, Ahmedabad, Gujarat, India – 380006.
Aadey Jewels operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.

