About Akshar Impex Private Limited
Data last updated:
Akshar Impex 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 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2006PTC200588. Its GSTIN is 27AAFCA7433B1Z0 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15.25 Cr and a paid-up capital of ₹68.86 Lakh. It is led by directors including Vishal Chandreshbhai Gandhi (Managing Director) and Chandresh Ratilal Gandhi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹388 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹24.89 Lakh (net margin 0.1%) and EBITDA of ₹8.14 Cr (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akshar Impex. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹303.84 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹60.32 Cr; the latest was in March 2017. Its 10 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Epping Royalty Private Limited with revenue of ₹394.64 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 41 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharimpex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressDe9011 9th Floor Bharat Diamond Bourse Complex Plot No. C – 28 G Block Bandra Kurla Com, Plex, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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 Akshar Impex Private Limited
The main business activity of Akshar Impex is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Akshar Impex Private Limited FY 2025 filings available
Akshar Impex Private Limited reported revenue of ₹388 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Akshar Impex Private Limited
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 28% 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 Akshar Impex 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 | ₹8.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.89 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 of Akshar Impex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Akshar Impex 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.
Peer Comparison of Akshar Impex Private Limited
Akshar Impex Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epping Royalty Private Limited | ₹394.64 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ludhiana, Punjab, India |
| Alagar Jewellers Private Limited | ₹394.39 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Tuticorin, Tamil Nadu, India |
| Diatrends Jewellery Private Limited | ₹391.79 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Nuance Jewel Private Limited | ₹391.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Creations Gems and Jewellery Private Limited | ₹391.14 Cr (FY 2025) | •••• | •••• | 29962759.0% | •••• | Mumbai, Maharashtra, India |
| Akshar Impex Private Limited this company | ₹388 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| M.R.Gold Private Limited | ₹387.74 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Padmavati Diam Private Limited | ₹385.01 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Surat, Gujarat, India |
| Arjun Jewellers Limited | ₹383.39 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Rajkot, Gujarat, India |
| Charu Chains & Jewels Private Limited | ₹382.64 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Delhi, India |
| Ravi Seamless Pipes India Private Limited | ₹378.88 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Hisar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Akshar Impex by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akshar Impex Private Limited
Akshar Impex Private Limited is audited by JHAVERI SHAH SETH & CO. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JHAVERI SHAH SETH & CO. LLP | 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 Akshar Impex Private Limited
Akshar Impex has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandresh Ratilal Gandhi Also directs: Adinath Infrastructure LLP, Atam Diam Private Limited | Director | 02 May 2007 | 19 Years 5 Months | Current |
| Vishal Chandreshbhai Gandhi Also directs: Adinath Infrastructure LLP, Atam Diam Private Limited, Vinisaa Diam Private Limited and 5 more | Managing Director | 02 May 2007 | 19 Years 5 Months | Current |
| Bhushan Babulal Shah Also directs: Vinisaa Diam Private Limited | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Akshar Impex 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 Akshar Impex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2025 | Axis Bank Limited | ₹1.5 Cr | Open |
| 18 Oct 2022 | Bank of India | ₹6.09 Cr | Satisfied |
| 20 May 2021 | Idbi Bank Limited | ₹2.92 Cr | Satisfied |
| 23 Mar 2021 | Others | ₹12.75 Cr | Satisfied |
| 17 Mar 2021 | Bank of India | ₹7.4 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding of Akshar Impex Private Limited
Akshar Impex Private Limited has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹60.32 Cr; the latest was in March 2017.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2014 | Funding round | ₹60.1 Lakh | Investors: an individual |
| Jul 2014 | Funding round | ₹21.4 Cr | Investors: 2 individuals |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Akshar Impex Private Limited
Akshar Impex Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 5 | Disposed |
Full case history
All 2 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.
MSME Payment Delays by Akshar Impex Private Limited
Akshar Impex Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 41 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Bhanderi Lab Grown Diamonds LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Akshar Impex Private Limited
Akshar Impex operates one associated brand: Akshar Impex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of polish diamonds | aksharimpex.com |
Employees and EPFO Compliance at Akshar Impex Private Limited
Akshar Impex Private Limited has a workforce of 18 employees as of Apr 06, 2024.
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 Akshar Impex Private Limited
Akshar Impex has one previous CIN (Corporate Identification Number): U51100GJ2006PTC047705. The current CIN is U51100MH2006PTC200588, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2006PTC200588 | Current |
| U51100GJ2006PTC047705 | Previous |
Recent Activity on Akshar Impex Private Limited
Akshar Impex Private Limited has 15 board changes on record since 2006: 9 appointments and 6 cessations. The latest: Prashant Ashokbhai Shah ceased to be Director on 01 Apr 2025.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akshar Impex 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.
Subsidiaries & Group Companies of Akshar Impex 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 Akshar Impex Private Limited
Akshar Impex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA7433B1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 24AAFCA7433B1Z6 | Gujarat | Active | 01 Jul 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 Akshar Impex 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 Akshar Impex Private Limited
Akshar Impex 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 10 February 2006 (20+ years old) and is registered under CIN U51100MH2006PTC200588.
Akshar Impex reported revenue of ₹388 Cr for FY 2025 (up 19% YoY).
Akshar Impex has 3 current directors:
- Vishal Chandreshbhai Gandhi - Managing Director
- Chandresh Ratilal Gandhi - Director
- Bhushan Babulal Shah - Director
Akshar Impex reported a net profit of ₹24.89 Lakh (net margin 0.1%) and EBITDA of ₹8.14 Cr (EBITDA margin 2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akshar Impex is -9% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akshar Impex is 27AAFCA7433B1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCA7433B1Z6 (Gujarat).
The CIN (Corporate Identification Number) of Akshar Impex is U51100MH2006PTC200588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Impex has 2 court cases on record: 2 filed against it. Most are in the high courts.
Akshar Impex was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Akshar Impex has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹60.32 Cr; the latest was in March 2017.
The peers of Akshar Impex by revenue are Epping Royalty Private Limited, Alagar Jewellers Private Limited, Diatrends Jewellery Private Limited, Nuance Jewel Private Limited, Creations Gems and Jewellery Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Prashant Ashokbhai Shah ceased to be Director on 01 Apr 2025. Bhushan Babulal Shah was appointed as Director on 01 Jul 2021. Karan Praveenbhai Shah ceased to be Director on 30 Jun 2021. Akshar Impex has 15 board changes on record in total.