About Affluence Gems Private Limited
Data last updated:
Affluence Gems 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 13 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2011PTC066324. Its GSTIN is 24AAJCA6412C2Z6 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Affluence Distribution Private Limited. It is led by directors Dhiren Mahendrkumar Shah and Malaybhai Shantilal Kothari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block A – 406 4th Floor Safal Profitaire 100 Ft Road Prahladnagar Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.25 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹17.4 Cr (net margin -17.4%) and EBITDA of -₹9.71 Cr (EBITDA margin -9.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 103% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website affluencetrade.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock A – 406 4th Floor Safal Profitaire 100 Ft Road Prahladnagar Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Affluence Gems Private Limited
The main business activity of Affluence Gems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Affluence Gems Private Limited FY 2025 filings available
Affluence Gems Private Limited reported revenue of ₹100.25 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Affluence Gems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 103% over five years, including 21% growth in the latest year. EBITDA fell 142% 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 of Affluence Gems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.4 Cr | •••• | •••• | •••• | •••• |
| 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 of Affluence Gems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Affluence Gems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Affluence Gems Private Limited
Affluence Gems Private Limited is audited by GHONIYA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GHONIYA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Affluence Gems Private Limited
Affluence Gems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiren Mahendrkumar Shah Also directs: Radhi Media and Entertainment LLP, Radhi Mercantile LLP, Ampire Finance Private Limited and 3 more | Director | 13 Jul 2011 | 15 Years 2 Months | Current |
| Malaybhai Shantilal Kothari | Director | 13 Jul 2011 | 15 Years 2 Months | Current |
Ownership and Shareholding of Affluence Gems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Affluence Gems Private Limited
Affluence Gems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Affluence Gems Private Limited
Affluence Gems Private Limited has 1 court case on record: 1 filed by Affluence Gems. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Income Tax Officer Ward 1(1)(1) Ahmedabad | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Affluence Gems Private Limited
Employment history and EPFO contributions of people linked to Affluence Gems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Affluence Gems Private Limited
Affluence Gems has one previous CIN (Corporate Identification Number): U74900GJ2011PTC066324. The current CIN is U36912GJ2011PTC066324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36912GJ2011PTC066324 | Current |
| U74900GJ2011PTC066324 | Previous |
Recent Activity on Affluence Gems Private Limited
Director changes at Affluence Gems Private Limited
Affluence Gems Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Dhiren Mahendrkumar Shah was appointed as Director on 13 Jul 2011.
Credit Ratings, Litigation & Regulatory Alerts for Affluence Gems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Affluence Gems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Affluence Gems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Affluence Gems Private Limited
Affluence Gems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA6412C2Z6 | Gujarat | Active | 08 Dec 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Affluence Gems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Affluence Gems Private Limited
Affluence Gems 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 13 July 2011 (15+ years old) and is registered under CIN U36912GJ2011PTC066324.
Affluence Gems reported revenue of ₹100.25 Cr for FY 2025 (up 21% YoY).
Affluence Gems has 2 current directors:
- Dhiren Mahendrkumar Shah - Director
- Malaybhai Shantilal Kothari - Director
Affluence Gems reported a net loss of ₹17.4 Cr (net margin -17.4%) and EBITDA of -₹9.71 Cr (EBITDA margin -9.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Affluence Gems is -22% over three years and 103% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Affluence Gems is 24AAJCA6412C2Z6, 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 Affluence Gems is U36912GJ2011PTC066324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affluence Gems has 1 court case on record: 1 filed by the company. 1 is pending.
Affluence Gems was incorporated on 13 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhiren Mahendrkumar Shah was appointed as Director on 13 Jul 2011. Malaybhai Shantilal Kothari was appointed as Director on 13 Jul 2011.