MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0033246
Akash Gems Private Limited - consumer goods in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.21 Cr
▲ 26% YoY
Net profit · FY 2024
₹9.94 Lakh
Net margin 1%
EBITDA · FY 2024
₹97.09 Lakh
EBITDA margin 9.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.12 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
6
As per MCA filings
About Akash Gems Private Limited
Data last updated:
Akash Gems Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 19 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36911RJ2004PTC019000. Its GSTIN is 08AAECA6775F1ZI (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Champa Lal Choudhary and Mahaveer Kumar Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 Vishnu Puri Jagatpura Road Malviya Nagar, Jaipur, Rajasthan, India – 302017.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.21 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹9.94 Lakh (net margin 1%) and EBITDA of ₹97.09 Lakh (EBITDA margin 9.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹4.12 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Akash Gems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0033246). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akashgems.com.
Company details
CIN U36911RJ2004PTC019000
Registration Number 019000
Incorporation Date 19 February 2004
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0033246
Recognitions & Rankings of Akash Gems
Contact details
Akash Gems Private Limited's registered office is in Jaipur, Rajasthan. Its website is akashgems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address14 Vishnu Puri Jagatpura Road Malviya Nagar, Jaipur, Rajasthan, India – 302017
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Akash Gems Private Limited, buy the company report.
Comprehensive company report
Akash Gems Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Akash Gems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| 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 |
To see the full business activity and turnover split of Akash Gems Private Limited, buy the company report.
Financials of Akash Gems Private Limited
FY 2025 filings availableAkash Gems Private Limited reported revenue of ₹10.21 Cr (up 26% YoY) for FY 2024.
Revenue · FY 2024
₹10.21 Cr ▲ 26%
Net profit · FY 2024
₹9.94 Lakh margin 1%
EBITDA · FY 2024
₹97.09 Lakh margin 9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 11%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 7%
5 years · compounded
▼ 10%
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹97.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.94 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 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 Akash Gems Private Limited, buy the company report.
Board of directors of Akash Gems Private Limited
Akash Gems has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Champa Lal Choudhary | Director | 19 Feb 2004 | 22 Years 8 Months | Current |
| Mahaveer Kumar Jain | Director | 19 Feb 2004 | 22 Years 8 Months | Current |
| Vikas Choudhary Also directs: Ratnawali Agrofarams LLP, Ratnawali Dairy Products LLP, Ratnawali Infra Projects LLP and 2 more | Director | 19 Feb 2004 | 22 Years 8 Months | Current |
| Satya Narain Jain | Director | 19 Feb 2004 | 22 Years 8 Months | Current |
| Sunil Kumar Agarwal | Director | 19 Feb 2004 | 22 Years 8 Months | Current |
| Neeraj Gupta | Director | 19 Feb 2004 | 22 Years 8 Months | Current |
Peer comparison
Akash Gems Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Konet Jewels Private Limited | ₹10.27 Cr (FY 2024) | 5.0% | Mumbai, Maharashtra, India | |||
| Kavya Jewels Private Limited | ₹10.26 Cr (FY 2024) | -31.0% | Mumbai, Maharashtra, India | |||
| Ray Fine Jewellery Private Limited | ₹10.24 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Dharmik Diamonds India Private Limited | ₹10.23 Cr (FY 2025) | 126.0% | Thrissur, Kerala, India | |||
| Akash Gems Private Limitedthis company | ₹10.21 Cr (FY 2024) | ₹9.94 Lakh | 1% | 26.0% | Jaipur, Rajasthan, India | |
| Diamtek Private Limited | ₹10.21 Cr (FY 2025) | 72.0% | Surat, Gujarat, India | |||
| RS Laxmi Jouel Private Limited | ₹10.19 Cr (FY 2025) | 138.0% | Jaipur, Rajasthan, India | |||
| KS Kaira Jewellers Private Limited | ₹10.19 Cr (FY 2025) | 98.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Akash Gems Private Limited, buy the company report.
Auditor
Akash Gems Private Limited is audited by O P AGARWAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P AGARWAL | FY 2022 | 070680 |
Shareholding
The shareholding of Akash Gems 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 Akash Gems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2025 | 101130388 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 16 Jun 2016 | 100037519 | Yes Bank Limited | ₹4 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Akash Gems Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
| High Court | Tax appeal | Filed against the company by individuals | Disposed |
To see the full case history of Akash Gems 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 Akash Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akash Gems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECA6775F1ZI | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akash Gems Private Limited, buy the company report.
Recent activity
Akash Gems Private Limited has 7 board changes on record since 2004: 6 appointments and 1 cessation. The latest: Varun Verma ceased to be Director on 01 Jul 2011.
AGM
Akash Gems Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 101130388 was registered on 02 Jul 2025.
Filing
Akash Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Yes Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 100037519 was registered on 16 Jun 2016.
Ceased
Varun Verma ceased to be Director.
Appointed
Champa Lal Choudhary was appointed as Director.
Appointed
Mahaveer Kumar Jain was appointed as Director.
Appointed
Neeraj Gupta was appointed as Director.
Appointed
Satya Narain Jain was appointed as Director.
Appointed
Sunil Kumar Agarwal was appointed as Director.
Appointed
Vikas Choudhary was appointed as Director.
Incorporation
19 Feb 2004
Akash Gems Private Limited was registered on 19 Feb 2004 with Roc Jaipur & aged 22 years 8 months as per MCA records.
Frequently asked questions
Akash Gems is an active private limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 19 February 2004 (22+ years old) and is registered under CIN U36911RJ2004PTC019000.
Akash Gems has 6 current directors:
- Champa Lal Choudhary - Director
- Mahaveer Kumar Jain - Director
- Vikas Choudhary - Director
- Satya Narain Jain - Director
- Sunil Kumar Agarwal - Director
- Neeraj Gupta - Director
The latest financial statements of Akash Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akash Gems is 08AAECA6775F1ZI, registered in Rajasthan.
The CIN (Corporate Identification Number) of Akash Gems is U36911RJ2004PTC019000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akash Gems has 2 court cases on record: 2 filed against it. Most are in the district courts.
Akash Gems was incorporated on 19 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Akash Gems by revenue are Konet Jewels Private Limited, Kavya Jewels Private Limited, Ray Fine Jewellery Private Limited, Dharmik Diamonds India Private Limited, Diamtek Private Limited and 2 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).
Varun Verma ceased to be Director on 01 Jul 2011. Champa Lal Choudhary was appointed as Director on 19 Feb 2004. Mahaveer Kumar Jain was appointed as Director on 19 Feb 2004. Akash Gems has 7 board changes on record in total.
Yes, Akash Gems is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0033246).
Akash Gems can be reached through the website akashgems.com. Its registered office is in Jaipur, Rajasthan, India.
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