About Avins Global Private Limited
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Avins Global Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Yash Jewellery Pvt. Ltd.. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 04 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1995PTC088038. Its GSTIN is 27AAACM7171K2Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.5 Cr. It was formerly known as Merrygold Jewellers Pvt Ltd. It is led by directors Rohit Motawat and Babu Lal Motawat.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹64,319 (net margin -13.7%) and EBITDA of -₹53,582 (EBITDA margin -11.4%).
As per MCA filings, the company has satisfied charges of ₹128.4 Cr on record. Court records list 14 cases involving the company, including 2 filed by the company and 12 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sayindia.com.
Name History of Avins Global Private Limited
Avins Global has undergone 2 name changes throughout its history. The company was previously known as Merrygold Jewellers Pvt Ltd, and Avins Global Private Limited. The current legal name is Avins Global Private Limited.
| Company Name | Status |
|---|---|
| Avins Global Private Limited | Current |
| Merrygold Jewellers Pvt Ltd | Previous |
CIN History of Avins Global Private Limited
Avins Global has one previous CIN (Corporate Identification Number): U36910MH1995PTC088038. The current CIN is U55101MH1995PTC088038, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101MH1995PTC088038 | Current |
| U36910MH1995PTC088038 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. Aa/1, Bearing C.T.S. No. 532 (Pt) Of Village Pahadi Goregaon At Kama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063
- 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
Financials of Avins Global Private Limited FY 2024 filings available
Avins Global Private Limited reported revenue of ₹4.69 Lakh (up 172% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Avins Global Private Limited
Revenue rose 172% in the latest year. EBITDA fell 220% 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 Avins Global 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 | -₹53,582 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹64,319 | •••• | •••• | •••• | •••• |
| 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 Avins Global Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -13.7% | •••• | •••• | •••• | •••• |
| 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 Avins Global 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.
Board of Directors of Avins Global Private Limited
Avins Global has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Motawat Also directs: Hotel Marmoland Pvt Ltd, Avins Global Trading Private Limited, Shubhgrah Metals Private Limited and 5 more | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Babu Lal Motawat Also directs: Hotel Marmoland Pvt Ltd, Avins Global Trading Private Limited, Shubhgrah Metals Private Limited and 5 more | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
Peer Comparison of Avins Global Private Limited
Avins Global 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 |
|---|---|---|---|---|---|---|
| KPJR (Hyderabad) Private Limited | ₹4.78 Lakh (FY 2020) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Reds Marine Services Limited | ₹4.74 Lakh (FY 2019) | •••• | •••• | -100.0% | •••• | Amreli, Gujarat, India |
| Belon Wale Dinesh Jewellers Private Limited | ₹4.73 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Aligarh, Uttar Pradesh, India |
| P.N.S.Gold Mahal Private Limited | ₹4.72 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Chennai, Tamil Nadu, India |
| Satara Sparkles Private Limited | ₹4.71 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Noida, Uttar Pradesh, India |
| Avins Global Private Limited this company | ₹4.69 Lakh (FY 2025) | •••• | •••• | 172.0% | •••• | Mumbai, Maharashtra, India |
| Sibagems Precious Stones Private Limited | ₹4.6 Lakh (FY 2021) | •••• | •••• | 100.0% | •••• | New Delhi, Delhi, India |
| Tattoria Jewels Private Limited | ₹4.52 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Sanvi Kristall Private Limited | ₹4.48 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Niva Commercial Private Limited | ₹4.37 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Modern Vanijya Private Limited | ₹4.35 Lakh (FY 2025) | •••• | •••• | 460.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Avins Global 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 Avins Global Private Limited
Avins Global Private Limited is audited by J R KANASE AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J R KANASE AND ASSOCIATES | 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 Avins Global 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 Avins Global Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2012 | Andhra Bank | ₹5 Cr | Satisfied |
| 07 Aug 2008 | State Bank of Bikaner & Jaipur | ₹50 Cr | Satisfied |
| 26 Dec 2006 | Punjab National Bank | ₹7.5 Cr | Satisfied |
| 25 Sep 2006 | Punjab National Bank | ₹1.8 Cr | Satisfied |
| 13 Apr 2005 | Andhra Bank | ₹57 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Avins Global Private Limited
Avins Global Private Limited has 14 court cases on record: 2 filed by Avins Global, 12 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
| High courts | 7 | 5 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by M/S Navkar | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Review Petition) | Filed against the company by M/S. Shah Enterprise | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Shah Enterprise | Pending |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.ULP.Recvry) | Filed against the company by an individual | Disposed |
Full case history
All 14 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 Avins Global Private Limited
Avins Global Private Limited has a workforce of 0 employees as of Apr 04, 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 Avins Global Private Limited
Avins Global Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Pramod Krishnamoorary Goenka ceased to be Managing Director on 07 Nov 2023.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avins Global 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 Avins Global 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 Avins Global 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 Avins Global Private Limited
Avins Global has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7171K2Z6 | Maharashtra | Active | 30 May 2024 |
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 Avins Global 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 Avins Global Private Limited
Avins Global 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 04 May 1995 (31+ years old) and is registered under CIN U55101MH1995PTC088038.
Avins Global reported revenue of ₹4.69 Lakh for FY 2025 (up 172% YoY).
Avins Global has 2 current directors:
- Rohit Motawat - Director
- Babu Lal Motawat - Director
Avins Global reported a net loss of ₹64,319 (net margin -13.7%) and EBITDA of -₹53,582 (EBITDA margin -11.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Avins Global is 27AAACM7171K2Z6, registered in Maharashtra. 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 Avins Global is U55101MH1995PTC088038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avins Global has 14 court cases on record: 2 filed by the company and 12 filed against it. 4 are pending. Most are in the district courts.
Avins Global was incorporated on 04 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avins Global by revenue are KPJR (Hyderabad) Private Limited, Reds Marine Services Limited, Belon Wale Dinesh Jewellers Private Limited, P.N.S.Gold Mahal Private Limited, Satara Sparkles Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Pramod Krishnamoorary Goenka ceased to be Managing Director on 07 Nov 2023. Ariez Rustom Tata ceased to be Director on 22 Feb 2022. Babu Lal Motawat was appointed as Director on 20 Feb 2019. Avins Global has 7 board changes on record in total.
Avins Global can be reached through the website sayindia.com. Its registered office is in Mumbai, Maharashtra, India.