Avashi Gems Private Limited
About Avashi Gems Private Limited
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Avashi Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 02 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC356146. Its GSTIN is 27AAUCA8671L1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vikrant Patni and Sanjay Kumar Pandya.
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 Fe – 3013 3rd Floor Bharat Diamond Bourse Fe – Tower BKC Road G – Block Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.49 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹6.01 Lakh (net margin 4%) and EBITDA of ₹8.63 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
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- Registered AddressFe – 3013 3rd Floor Bharat Diamond Bourse Fe – Tower BKC Road G – Block Bandra East, Mumbai, Maharashtra, India – 400051
- 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
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Business Activity of Avashi Gems Private Limited
The main business activity of Avashi Gems is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Avashi Gems Private Limited FY 2025 filings available
Avashi Gems Private Limited reported revenue of ₹1.49 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avashi Gems Private Limited
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA fell 38% 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 Avashi 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 | ₹8.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.01 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 Avashi Gems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 Avashi Gems are in the company report.
Financial statements from FY 2021
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.
Board of Directors of Avashi Gems Private Limited
Avashi Gems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Patni | Director | 02 Mar 2021 | 5 Years 7 Months | Current |
| Sanjay Kumar Pandya | Director | 22 Nov 2023 | 2 Years 10 Months | Current |
| Rajeev Kumar Pandya | Director | 22 Nov 2023 | 2 Years 10 Months | Current |
Peer Comparison of Avashi Gems Private Limited
Avashi Gems Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Majula Pvt Ltd | ₹1.49 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Lakhmichand Kesharichand Gothi Jewellers Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Itarasi, Madhya Pradesh, India |
| Shri Radhey Bihari Diamond Jewellery Private Limited | ₹1.49 Cr (FY 2016) | •••• | •••• | -29.0% | •••• | Agra, Uttar Pradesh, India |
| Solitaire Gems Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Chankyapuri, Delhi, India |
| Suvarna Kohinoor Jewellers Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Ahmednagar, Maharashtra, India |
| Avashi Gems Private Limited this company | ₹1.49 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Jainra Diamond Private Limited | ₹1.48 Cr (FY 2018) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Rudrani Gems Private Limited | ₹1.48 Cr (FY 2018) | •••• | •••• | -79.0% | •••• | New Delhi, Delhi, India |
| Addii Jwels Private Limited | ₹1.48 Cr (FY 2020) | •••• | •••• | -12.0% | •••• | Ahmedabad, Gujarat, India |
| Affinity Emeralds Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Super PVD Technologies Private Limited | ₹1.47 Cr (FY 2017) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Avashi Gems by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 Avashi Gems Private Limited
Avashi Gems Private Limited is audited by RMJ & ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RMJ & ASSOCIATES 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.
Ownership and Shareholding of Avashi 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 Avashi Gems Private Limited
Avashi Gems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avashi Gems Private Limited
Avashi Gems Private Limited has a workforce of 0 employees as of Apr 03, 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.
Recent Activity on Avashi Gems Private Limited
Avashi Gems Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Rajeev Kumar Pandya ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Avashi 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 Avashi 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 Avashi 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 Avashi Gems Private Limited
Avashi Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA8671L1ZQ | Maharashtra | Active | 05 Mar 2021 |
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 Avashi 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 Avashi Gems Private Limited
Avashi Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 02 March 2021 (5+ years old) and is registered under CIN U51909MH2021PTC356146.
Avashi Gems reported revenue of ₹1.49 Cr for FY 2025 (down 20% YoY).
Avashi Gems has 3 current directors:
- Vikrant Patni - Director
- Sanjay Kumar Pandya - Director
- Rajeev Kumar Pandya - Director
Avashi Gems reported a net profit of ₹6.01 Lakh (net margin 4%) and EBITDA of ₹8.63 Lakh (EBITDA margin 5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avashi Gems is 58% over three years. In the latest year (FY 2025) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avashi Gems is 27AAUCA8671L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avashi Gems is U51909MH2021PTC356146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avashi Gems was incorporated on 02 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avashi Gems by revenue are Majula Pvt Ltd, Lakhmichand Kesharichand Gothi Jewellers Private Limited, Shri Radhey Bihari Diamond Jewellery Private Limited, Solitaire Gems Private Limited, Suvarna Kohinoor Jewellers Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Rajeev Kumar Pandya ceased to be Additional Director on 29 Sep 2024. Sanjay Kumar Pandya ceased to be Additional Director on 29 Sep 2024. Rajeev Kumar Pandya was appointed as Director on 22 Nov 2023. Avashi Gems has 6 board changes on record in total.
The registered office of Avashi Gems is at Fe – 3013 3rd Floor Bharat Diamond Bourse Fe – Tower BKC Road G – Block Bandra East, Mumbai, Maharashtra, India – 400051.