About Abans Jewels Limited
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Abans Jewels Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Abans Enterprises Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 05 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PLC225770. Its GSTIN is 27AAKCA1844K1ZH (Maharashtra). The company holds 16 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.73 Cr. It was formerly known as Abans Jewels Private Limited and Abans Refineries Private Limited. It is led by directors including Deepak Manohar Zope and Sanjiv Swarup.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 36 37 38A Floor 3 Nariman Bhavan Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,582.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹36.62 Cr (net margin 1%) and EBITDA of ₹64.51 Cr (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹112.16 Cr and satisfied charges of ₹332.78 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 3 cases are pending. The company has 12 deals on record (7 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹159.25 Cr; the latest was in March 2024. Its 6 peer companies 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) are compared by revenue, 3 larger and 3 smaller; the largest is Chandukaka Saraf and Sons Private Limited with revenue of ₹4,194.12 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abans.co.in.
Company details
Name history
Abans Jewels has undergone 4 name changes throughout its history. The current legal name is Abans Jewels Limited.
| Company Name | Status |
|---|---|
| Abans Jewels Limited | Current |
| Abans Jewels Private Limited | Previous |
| Abans Refineries Private Limited | Previous |
| Abans Gold Refineries Private Limited | Previous |
CIN history
Abans Jewels has one previous CIN (Corporate Identification Number): U74999MH2012PTC225770. The current CIN is U74999MH2012PLC225770, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2012PLC225770 | Current |
| U74999MH2012PTC225770 | Previous |
Contact details
Abans Jewels Limited's registered office is in Mumbai, Maharashtra. Its website is abans.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address36 37 38A Floor 3 Nariman Bhavan Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Abans Jewels 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 activities of Abans Jewels are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Abans Jewels Limited, buy the company report.
Financials of Abans Jewels Limited
FY 2025 filings availableAbans Jewels Limited reported revenue of ₹3,582.31 Cr (up 166% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 166% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 28% 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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| Total Expenses | |||||
| EBITDA | ₹64.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.62 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Abans Jewels Limited, buy the company report.
Board of directors of Abans Jewels Limited
Abans Jewels has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Manohar Zope Also directs: Abans Enterprises Limited | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Sanjiv Swarup Also directs: Bharat Wire Ropes Limited, Josts Engineering Company Limited, Prime Fresh Limited and 5 more | Director | 09 Oct 2023 | 3 Years 0 Months | Current |
| Anita Rahul Shantaram Also directs: Bharat Wire Ropes Limited, Abans Enterprises Limited, Lloyds Metals and Energy Limited and 5 more | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
| Jinesh Arvind Savla Also directs: Abans Enterprises Limited | Additional Director | 06 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Abans Jewels Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Chandukaka Saraf and Sons Private Limited | ₹4,194.12 Cr (FY 2024) | 18.0% | Baramati, Maharashtra, India | |||
| Dharmanandan Diamonds Private Limited | ₹4,145.21 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| A.R.Gold Private Limited | ₹3,707.45 Cr (FY 2025) | 79.0% | Mumbai, Maharashtra, India | |||
| Abans Jewels Limitedthis company | ₹3,582.31 Cr (FY 2025) | ₹36.62 Cr | 1% | 166.0% | 42 | Mumbai, Maharashtra, India |
| Sky Gold and Diamonds Limited | ₹3,580.98 Cr (FY 2025) | 105.0% | Navi Mumbai, Maharashtra, India | |||
| Rosy Blue (India) Private Limited | ₹3,485.69 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Sheetal Manufacturing Company Private Limited | ₹3,426.28 Cr (FY 2025) | -24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Abans Jewels Limited, buy the company report.
Auditor
Abans Jewels Limited is audited by Paresh Rakesh & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paresh Rakesh & Associates LLP | FY 2023 | 119728W/W100743 |
Shareholding
The shareholding of Abans Jewels 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 Abans Jewels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2025 | 101155630 | Others | ₹28 Lakh | Open | |
| 26 Jul 2024 | 100963085 | Hdfc Bank Limited | ₹20.13 Lakh | Open | |
| 13 May 2024 | 100916377 | Others | ₹100 Cr | Open | |
| 28 Feb 2024 | 100882513 | Others | ₹10 Cr | Open | |
| 07 Jul 2023 | 100811124 | Hdfc Bank Limited | ₹1.68 Cr | Open |
To see the full charge records of Abans Jewels Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Abans Jewels Limited has 12 deals on record (7 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹159.25 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Abans Enterprises Limited |
| Sep 2020 | Debt financing | ₹103.85 Cr | Investors: Teesta Retail Private Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Abans Enterprises Limited Seller: Abans Financial Services Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: Abans Financial Services Limited Seller: 2 individuals |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Abans Broking Services Private Limited , Abans Finance Private Limited , Abans Securities Private Limited |
To see the full deal history of Abans Jewels Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abans Jewels Limited has 8 court cases on record: 5 filed by Abans Jewels, 3 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 1 | 2 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Assistant Commissioner of the Income Tax | Pending |
| Supreme Court | Court case (0432-Indirect Taxes Matters : Appeals u/s 130 E of Customs Act, 1962) | Filed against the company by Principal Commissioner of Customs , Acc (Imports) New Custom House, Igi Airport,New Delhi ,New Delhi , Delhi | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Abans Jewels 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
Abans Jewels Limited has 3 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 18 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| N Jewellery Techniques Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Abans Jewels Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Abans Jewels Limited has a workforce of 42 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Abans Jewels has 16 GST registrations: 10 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA1844K1ZH | Maharashtra | Active | 01 Jul 2017 |
| 27AAKCA1844K2ZG | Maharashtra | Active | 05 Jun 2025 |
| 05AAKCA1844K2ZM | Uttarakhand | Active | 01 Jul 2017 |
| 09AAKCA1844K1ZF | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abans Jewels Limited, buy the company report.
Recent activity
Abans Jewels Limited has 23 board changes on record since 2012: 6 appointments and 17 cessations. The latest: Jinesh Arvind Savla was appointed as Additional Director on 06 Nov 2025.
44 earlier events are in the company report.
News
Frequently asked questions
Abans Jewels is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 05 January 2012 (14+ years old) and is registered under CIN U74999MH2012PLC225770.
Abans Jewels has 4 current directors:
- Deepak Manohar Zope - Director
- Sanjiv Swarup - Director
- Anita Rahul Shantaram - Director
- Jinesh Arvind Savla - Additional Director
The latest financial statements of Abans Jewels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Abans Jewels is 27AAKCA1844K1ZH, registered in Maharashtra. The company has 16 GST registrations in all, of which 10 are active and 6 are cancelled or inactive. Other active GSTINs include 27AAKCA1844K2ZG (Maharashtra), 05AAKCA1844K2ZM (Uttarakhand), 09AAKCA1844K1ZF (Uttar Pradesh).
The CIN (Corporate Identification Number) of Abans Jewels is U74999MH2012PLC225770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abans Jewels has 8 court cases on record: 5 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Abans Jewels was incorporated on 05 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Abans Jewels has 12 deals on record (7 secondary share transfers, 2 convertible or debt financings, 1 funding round), with disclosed funding of ₹159.25 Cr; the latest was in March 2024.
The peers of Abans Jewels by revenue are Chandukaka Saraf and Sons Private Limited, Dharmanandan Diamonds Private Limited, A.R.Gold Private Limited, Sky Gold and Diamonds Limited, Rosy Blue (India) Private Limited and 1 more, 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).
Jinesh Arvind Savla was appointed as Additional Director on 06 Nov 2025. Kayomarz Marzban Sadri ceased to be Additional Director on 18 Jan 2024. Sanjiv Swarup ceased to be Additional Director on 18 Jan 2024. Abans Jewels has 23 board changes on record in total.
Abans Jewels has 3 MSME Form 1 returns on record between 2022 and 2024, listing 41 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Abans Jewels can be reached through the website abans.co.in. Its registered office is in Mumbai, Maharashtra, India.
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