About KP Sanghvi Jewels Private Limited
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KP Sanghvi 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 30 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2000PTC126844. Its GSTIN is 27AACCA8412D1Z2 (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹27.5 Lakh. It was formerly known as Ace Jewels Private Limited. It is led by directors including Dilip Hajarimal Sanghvi and Kirti Hajarimal Sanghvi.
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 2025, the company reported a revenue of ₹216.22 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.53 Cr (net margin 1.2%) and EBITDA of ₹7.05 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 30% over five years.
The company has about 487 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KP Sanghvi. As per MCA filings, the company has open charges of ₹80 Cr on record. Court records list 16 cases involving the company, including 15 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹48.95 Cr; the latest was in March 2020. Its 4 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, 2 larger and 2 smaller; the largest is Sparkle Diam Private Limited with revenue of ₹216.51 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kpsanghvi.com.
Company details
Contact details
KP Sanghvi Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its website is kpsanghvi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12A – 03 13th Floor Parinee Crescenzo C – 38/39 G Block Bandra – Kurla Complex Bandra (E, Ast), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of KP Sanghvi 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
Brands
KP Sanghvi Jewels operates one associated brand: KP Sanghvi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond trading, export, and online inventory services worldwide. | kpsanghvi.com |
Business activity
The main business activities of KP Sanghvi 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 KP Sanghvi Jewels Private Limited, buy the company report.
Financials of KP Sanghvi Jewels Private Limited
FY 2024 filings availableKP Sanghvi Jewels Private Limited reported revenue of ₹216.22 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA rose 8% 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 | ₹7.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.53 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 | 3.3% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of KP Sanghvi Jewels Private Limited, buy the company report.
Board of directors of KP Sanghvi Jewels Private Limited
KP Sanghvi Jewels has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Hajarimal Sanghvi Also directs: KP Sanghvi & Sons LLP, Sumatinath Global Diamonds LLP, K P Sanghvi Capital Services Private Limited and 5 more | Director | 10 Jan 2007 | 19 Years 10 Months | Current |
| Kirti Hajarimal Sanghvi Also directs: KP Sanghvi & Sons LLP, Sumatinath Global Diamonds LLP, K P Sanghvi International Private Limited and 2 more | Director | 10 Jan 2007 | 19 Years 10 Months | Current |
| Samir Babulal Sanghvi | Director | 10 Jan 2007 | 19 Years 10 Months | Current |
| Arvind Hajarimal Sanghvi Also directs: KP Sanghvi Infrastructures LLP, KP Sanghvi & Sons LLP, Sumatinath Global Diamonds LLP and 4 more | Director | 30 May 2000 | 26 Years 5 Months | Current |
| Jimit Kishore Sanghvi Also directs: Baba Infracon LLP, KP Sanghvi & Sons LLP, K P Sanghvi International Private Limited and 2 more | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Kishore Sanghvi Hajarimal | Director | 01 Apr 2002 | 24 Years 7 Months | Current |
Peer comparison
KP Sanghvi Jewels Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Sparkle Diam Private Limited | ₹216.51 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Mr Brothers Private Limited | ₹216.24 Cr (FY 2025) | 32.0% | Coimbatore, Tamil Nadu, India | |||
| KP Sanghvi Jewels Private Limitedthis company | ₹216.22 Cr (FY 2025) | ₹2.53 Cr | 1.2% | -18.0% | 487 | Mumbai, Maharashtra, India |
| Sanghavi Jewel Private Limited | ₹215.62 Cr (FY 2016) | 11.0% | Mumbai, Maharashtra, India | |||
| Shantivijay Jewels Limited | ₹214.82 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of KP Sanghvi Jewels Private Limited, buy the company report.
Auditor
KP Sanghvi Jewels Private Limited is audited by PYS and Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PYS and Co. LLP | FY 2023 | 012388S/S200048 |
Shareholding
The shareholding of KP Sanghvi 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 KP Sanghvi Jewels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100946973 | Yes Bank Limited | ₹30 Cr | Open | |
| 05 Apr 2023 | 100710393 | Others | ₹50 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
KP Sanghvi Jewels Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹48.95 Cr; the latest was in March 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Funding round | ₹48.95 Cr | Investors: an individual |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
KP Sanghvi Jewels Private Limited has 16 court cases on record: 15 filed by KP Sanghvi Jewels, 1 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 2 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against M/S. Vikas Suvarnmandir Jewellers LLP and 1 other | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against M/S. Vikas Suvarnmandir Jewellers LLP and 1 other | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Oyzterbay Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Oyzterbay Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Govinda Garment Trading Pvt.Ltd., Another | Disposed |
To see the full case history of KP Sanghvi Jewels 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 KP Sanghvi Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
KP Sanghvi Jewels Private Limited has a workforce of 487 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
KP Sanghvi Jewels has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA8412D1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCA8412D2Z1 | Maharashtra | Active | 01 Apr 2025 |
| 07AACCA8412D1Z4 | Delhi | Active | 01 Jul 2017 |
| 24AACCA8412D1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of KP Sanghvi Jewels Private Limited, buy the company report.
Recent activity
KP Sanghvi Jewels Private Limited has 14 board changes on record since 2000: 7 appointments and 7 cessations. The latest: Jimit Kishore Sanghvi ceased to be Additional Director on 30 Nov 2021.
7 earlier events are in the company report.
Frequently asked questions
KP Sanghvi 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 30 May 2000 (26+ years old) and is registered under CIN U36911MH2000PTC126844.
KP Sanghvi Jewels has 7 current directors:
- Dilip Hajarimal Sanghvi - Director
- Kirti Hajarimal Sanghvi - Director
- Samir Babulal Sanghvi - Director
- Arvind Hajarimal Sanghvi - Director
- Jimit Kishore Sanghvi - Director
- Kishore Sanghvi Hajarimal - Director
- Amrish Babulal Sanghvi - Director
The latest financial statements of KP Sanghvi 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 KP Sanghvi Jewels is 27AACCA8412D1Z2, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCA8412D2Z1 (Maharashtra), 07AACCA8412D1Z4 (Delhi), 24AACCA8412D1Z8 (Gujarat).
The CIN (Corporate Identification Number) of KP Sanghvi Jewels is U36911MH2000PTC126844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
KP Sanghvi Jewels has 16 court cases on record: 15 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
KP Sanghvi Jewels was incorporated on 30 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
KP Sanghvi Jewels has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹48.95 Cr; the latest was in March 2020.
The peers of KP Sanghvi Jewels by revenue are Sparkle Diam Private Limited, Mr Brothers Private Limited, Sanghavi Jewel Private Limited, Shantivijay Jewels Limited, 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).
Jimit Kishore Sanghvi ceased to be Additional Director on 30 Nov 2021. Jimit Kishore Sanghvi was appointed as Director on 01 Mar 2021. Babulal Poonamchand Sanghvi ceased to be Additional Director on 30 Sep 2008. KP Sanghvi Jewels has 14 board changes on record in total.
KP Sanghvi Jewels can be reached through the website kpsanghvi.com. Its registered office is in Mumbai, Maharashtra, India.
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