Akshar Gems Private Limited
About Akshar Gems Private Limited
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Akshar Gems Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 09 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2010PTC060603. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashok Kumar Mangilal Bapna and Mukesh Paraschand Jain.
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 301 Kohinoor Complex Chowki Sheri Rmapura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.6 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹1.48 Lakh (net margin -56.8%) and EBITDA of -₹30,193 (EBITDA margin -11.6%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 85% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akshar Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address301 Kohinoor Complex Chowki Sheri Rmapura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Akshar Gems 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
Financials of Akshar Gems Private Limited
FY 2025 filings availableAkshar Gems Private Limited reported revenue of ₹2.6 Lakh (up 30% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 85%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.6 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹30,193 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.48 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.6% | ||||
| Net Profit Margin | -56.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Akshar Gems Private Limited, buy the company report.
Board of directors of Akshar Gems Private Limited
Akshar Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Mangilal Bapna Also directs: Peace Impex Private Limited, Emerald Gems Private Limited, Anurag Gem Private Limited and 2 more | Director | 09 May 2010 | 16 Years 5 Months | Current |
| Mukesh Paraschand Jain Also directs: Peace Impex Private Limited, Opel Exim Private Limited | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
Auditor
Akshar Gems Private Limited is audited by Pipara Sancheti & Associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pipara Sancheti & Associates | FY 2020 | 147120W |
Shareholding
The shareholding of Akshar Gems Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akshar Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshar Gems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshar Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshar Gems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akshar Gems Private Limited, buy the company report.
Recent activity
Akshar Gems Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Mukesh Paraschand Jain was appointed as Director on 01 Jul 2015.
Frequently asked questions
Akshar Gems is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 09 May 2010 (16+ years old) and is registered under CIN U36912GJ2010PTC060603.
Akshar Gems has 2 current directors:
- Ashok Kumar Mangilal Bapna - Director
- Mukesh Paraschand Jain - Director
The latest financial statements of Akshar Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Akshar Gems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Akshar Gems is U36912GJ2010PTC060603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Gems was incorporated on 09 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mukesh Paraschand Jain was appointed as Director on 01 Jul 2015. Nirmal Kumar ceased to be Director on 01 Jul 2015. Ashok Kumar Mangilal Bapna was appointed as Director on 09 May 2010.
The registered office of Akshar Gems is at 301 Kohinoor Complex Chowki Sheri Rmapura, Surat, Gujarat, India – 395003.
Akshar Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Akshar Gems is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.
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