Aadinath Ornaments Private Limited
About Aadinath Ornaments Private Limited
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Aadinath Ornaments 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 14 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27205GJ2006PTC049358. Its GSTIN is 24AAFCA9867K1Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors Rakesh Nareshchandra Kapadia and Kamlesh Mandaliya.
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 2 Dipawali Centre Opp. High Court Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹344.08 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹20.4 Lakh (net margin 0.1%) and EBITDA of ₹20.92 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 131% over five years.
As per MCA filings, the company has satisfied charges of ₹21.75 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Aadinath Ornaments Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Dipawali Centre Opp. High Court Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Aadinath Ornaments 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 Aadinath Ornaments 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 Aadinath Ornaments Private Limited, buy the company report.
Financials of Aadinath Ornaments Private Limited
FY 2024 filings availableAadinath Ornaments Private Limited reported revenue of ₹344.08 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 131% over five years, including 20% growth in the latest year. EBITDA rose 36% 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 | ₹20.92 Lakh | ||||
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| Net Profit (PAT) | ₹20.4 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 | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Aadinath Ornaments Private Limited, buy the company report.
Board of directors of Aadinath Ornaments Private Limited
Aadinath Ornaments has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Mandaliya Also directs: Aavishkar Impex Private Limited | Additional Director | 29 Oct 2021 | 5 Years 0 Months | Current |
| Rakesh Nareshchandra Kapadia | Director | 02 Sep 2024 | 2 Years 2 Months | Current |
Peer comparison
Aadinath Ornaments 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 |
|---|---|---|---|---|---|---|
| Sheen Golden Jewels (India) Private Limited | ₹347.97 Cr (FY 2025) | 15.0% | Kozhikode, Kerala, India | |||
| P.P. Jewellers Retail Private Limited | ₹345.67 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Aadinath Ornaments Private Limitedthis company | ₹344.08 Cr (FY 2024) | ₹20.4 Lakh | 0.1% | 20.0% | Ahmedabad, Gujarat, India | |
| Puniska Industries Private Limited | ₹334.24 Cr (FY 2025) | 43.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Aadinath Ornaments Private Limited, buy the company report.
Auditor
Aadinath Ornaments Private Limited is audited by KULIN VYAS & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULIN VYAS & CO | FY 2023 | 151064W |
Shareholding
The shareholding of Aadinath Ornaments 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aadinath Ornaments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2009 | 10180075 | Oriental Bank of Commerce | ₹16.25 Cr | Satisfied | |
| 29 Feb 2008 | 10093731 | Bank of India | ₹5.5 Cr | Satisfied |
To see the full charge records of Aadinath Ornaments Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aadinath Ornaments Private Limited has 3 court cases on record: 1 filed by Aadinath Ornaments, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Interim or miscellaneous application | Filed by the company against State | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Central Bank of Commerce | Disposed |
To see the full case history of Aadinath Ornaments 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 Aadinath Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aadinath Ornaments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA9867K1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aadinath Ornaments Private Limited, buy the company report.
Recent activity
Aadinath Ornaments Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Rakesh Nareshchandra Kapadia ceased to be Additional Director on 29 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Aadinath Ornaments 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 14 November 2006 (20+ years old) and is registered under CIN U27205GJ2006PTC049358.
Aadinath Ornaments has 2 current directors:
- Kamlesh Mandaliya - Additional Director
- Rakesh Nareshchandra Kapadia - Director
The latest financial statements of Aadinath Ornaments 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 Aadinath Ornaments is 24AAFCA9867K1Z5, registered in Gujarat. 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 Aadinath Ornaments is U27205GJ2006PTC049358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadinath Ornaments has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Aadinath Ornaments was incorporated on 14 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aadinath Ornaments by revenue are Sheen Golden Jewels (India) Private Limited, P.P. Jewellers Retail Private Limited, Puniska Industries Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Rakesh Nareshchandra Kapadia ceased to be Additional Director on 29 Sep 2024. Rakesh Nareshchandra Kapadia was appointed as Director on 02 Sep 2024. Amit Chandrakant Shah ceased to be Director on 29 Oct 2021. Aadinath Ornaments has 11 board changes on record in total.
The registered office of Aadinath Ornaments is at 2 Dipawali Centre Opp. High Court Navrangpura, Ahmedabad, Gujarat, India – 380009.
Aadinath Ornaments operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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