Abhushan Ornaments Private Limited
About Abhushan Ornaments Private Limited
Data last updated:
Abhushan Ornaments 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 23 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2008PTC187742. Its GSTIN is 27AAHCA5665K1Z9 (Maharashtra).
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.36 Cr. It is led by directors Sanjay Shantilal Jain and Raghvendra Pratap Maurya.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 96/106 2nd Floor Shekh Memon Street Near Mahanjan Galli Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2017, the company reported a revenue of ₹590.59 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹68.37 Lakh (net margin 0.1%) and EBITDA of ₹3.89 Cr (EBITDA margin 0.7%).
As per MCA filings, the company has open charges of ₹30.25 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹16.7 Cr; the latest was in January 2015. Its 3 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Shivendra Jewellers Private Limited with revenue of ₹602.81 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Abhushan Ornaments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address96/106 2nd Floor Shekh Memon Street Near Mahanjan Galli Zaveri Bazar, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Abhushan 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 Abhushan Ornaments 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 Abhushan Ornaments Private Limited, buy the company report.
Financials of Abhushan Ornaments Private Limited
FY 2017 filings availableAbhushan Ornaments Private Limited reported revenue of ₹590.59 Cr (up 29% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹590.59 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.89 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹68.37 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.7% | ||
| Net Profit Margin | 0.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Abhushan Ornaments Private Limited, buy the company report.
Board of directors of Abhushan Ornaments Private Limited
Abhushan Ornaments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Shantilal Jain Also directs: Abhushan Creations Private Limited | Director | 23 Oct 2008 | 18 Years 0 Months | Current |
| Raghvendra Pratap Maurya Also directs: Abhushan Dagine Private Limited | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
Peer comparison
Abhushan Ornaments 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivendra Jewellers Private Limited | ₹602.81 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India | |||
| Shankeshwar Jewelcraft Private Limited | ₹600.49 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Abhushan Ornaments Private Limitedthis company | ₹590.59 Cr (FY 2017) | ₹68.37 Lakh | 0.1% | 29.0% | Mumbai, Maharashtra, India | |
| Featherstone Designs Private Limited | ₹587.82 Cr (FY 2025) | 41.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Abhushan Ornaments Private Limited, buy the company report.
Auditor
Abhushan Ornaments Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2017 | 128216W |
Shareholding
The shareholding of Abhushan Ornaments Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Abhushan Ornaments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2012 | 10389049 | State Bank of Bikaner and Jaipur | ₹22 Cr | Open | |
| 09 Apr 2009 | 10154607 | The Saraswat Co-Op. Bank Ltd. | ₹8.25 Cr | Open |
To see the full charge records of Abhushan Ornaments Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Abhushan Ornaments Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹16.7 Cr; the latest was in January 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Funding round | ₹9.14 Cr | Investors: an individual |
| Mar 2012 | Funding round | ₹7.56 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abhushan Ornaments Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by State Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by State Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by State Bank of Indi (Sbi) Th.Mr.Vikrant Saxena | Disposed |
To see the full case history of Abhushan 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 Abhushan Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abhushan Ornaments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA5665K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abhushan Ornaments Private Limited, buy the company report.
Recent activity
Abhushan Ornaments Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Dimple Sanjay Jain ceased to be Director on 02 Apr 2018.
Frequently asked questions
Abhushan Ornaments 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 23 October 2008 (18+ years old) and is registered under CIN U36911MH2008PTC187742.
Abhushan Ornaments has 2 current directors:
- Sanjay Shantilal Jain - Director
- Raghvendra Pratap Maurya - Director
The latest financial statements of Abhushan Ornaments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Abhushan Ornaments is 27AAHCA5665K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Abhushan Ornaments is U36911MH2008PTC187742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abhushan Ornaments has 3 court cases on record: 3 filed against it.
Abhushan Ornaments was incorporated on 23 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhushan Ornaments has 2 deals on record (2 funding rounds), with disclosed funding of ₹16.7 Cr; the latest was in January 2015.
The peers of Abhushan Ornaments by revenue are Shivendra Jewellers Private Limited, Shankeshwar Jewelcraft Private Limited, Featherstone Designs Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading).
Dimple Sanjay Jain ceased to be Director on 02 Apr 2018. Raghvendra Pratap Maurya was appointed as Director on 02 Apr 2018. Rajesh Shantilal Jain ceased to be Director on 04 Oct 2017. Abhushan Ornaments has 4 board changes on record in total.
The registered office of Abhushan Ornaments is at 96106 2nd Floor Shekh Memon Street Near Mahanjan Galli Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
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