About Aakash Jewels Private Limited
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Aakash Jewels 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 07 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2003PTC140334. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.29 Cr. It is led by directors Jigar Babulal Shah (Whole-Time Director) and Tejas Babulal Shah (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.3 Lakh. For the same year it recorded a net loss of ₹13,099 (net margin -3%) and EBITDA of ₹4.15 Lakh (EBITDA margin 96.6%).
As per MCA filings, the company has open charges of ₹3.28 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakashjewels.com.
Company details
Contact details
Aakash Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its website is aakashjewels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/1 Bhartiya Kala Soc 311 3rd Flr Opp.Jeena House Om Nagar Chowk J.B.Nagar Andher, I (East), Mumbai, Maharashtra, India – 400059
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Aakash 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
Financials of Aakash Jewels Private Limited
FY 2024 filings availableAakash Jewels Private Limited reported revenue of ₹4.3 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.15 Lakh | ||||
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| Net Profit (PAT) | -₹13,099 | ||||
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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 | 96.6% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of Aakash Jewels Private Limited, buy the company report.
Board of directors of Aakash Jewels Private Limited
Aakash Jewels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Babulal Shah Also directs: Jigso Creation LLP, Aalvis Creations LLP | Whole-Time Director | 07 May 2003 | 23 Years 5 Months | Current |
| Tejas Babulal Shah | Whole-Time Director | 07 May 2003 | 23 Years 5 Months | Current |
Peer comparison
Aakash Jewels Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with 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 |
|---|---|---|---|---|---|---|
| Aakash Jewels Private Limitedthis company | ₹4.3 Lakh (FY 2024) | -₹13,099 | -3% | Mumbai, Maharashtra, India | ||
| S.D. Watches (India) Limited | ₹4.28 Lakh (FY 2024) | -53.0% | New Delhi, Delhi, India | |||
| Darpan Jewels Private Limited | ₹4.22 Lakh (FY 2025) | -91.0% | Ahmedabad, Gujarat, India | |||
| Silver and Gems (India) Pvt. Ltd | ₹4.15 Lakh (FY 2025) | 19.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Aakash Jewels Private Limited, buy the company report.
Auditor
Aakash Jewels Private Limited is audited by A. K. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. K. SHAH & ASSOCIATES | FY 2023 | 109478W |
Shareholding
The shareholding of Aakash 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aakash Jewels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2003 | 80010908 | Union Bank of India | ₹54 Lakh | Open | |
| 14 Nov 2003 | 80010909 | Union Bank of India | ₹2.74 Cr | Open |
To see the full charge records of Aakash Jewels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aakash 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 Aakash Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aakash 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 Aakash Jewels Private Limited, buy the company report.
Recent activity
Aakash Jewels Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Nishith Babulal Shah ceased to be Whole-Time Director on 01 Mar 2012.
Frequently asked questions
Aakash Jewels 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 07 May 2003 (23+ years old) and is registered under CIN U51398MH2003PTC140334.
Aakash Jewels has 2 current directors:
- Jigar Babulal Shah - Whole-Time Director
- Tejas Babulal Shah - Whole-Time Director
The latest financial statements of Aakash 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.
No. Aakash Jewels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aakash Jewels is U51398MH2003PTC140334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Jewels was incorporated on 07 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aakash Jewels by revenue are S.D. Watches (India) Limited, Darpan Jewels Private Limited, Silver and Gems (India) Pvt. Ltd, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Nishith Babulal Shah ceased to be Whole-Time Director on 01 Mar 2012. Jigar Babulal Shah was appointed as Whole-Time Director on 07 May 2003. Tejas Babulal Shah was appointed as Whole-Time Director on 07 May 2003.
Aakash Jewels can be reached through the website aakashjewels.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aakash Jewels is at C1 Bhartiya Kala Soc 311 3rd Flr Opp.Jeena House Om Nagar Chowk J.B.Nagar Andher, I East, Mumbai, Maharashtra, India – 400059.
Aakash Jewels operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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