About Ankit Gems
Ankit Gems is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 1985. A contract manufacturer specializing in diamond production and supply. It operates on a B2B model. The company has 157 employees. Its Indian entity Ankit Gems Private Limited reported revenue of ₹2,406 Cr. Its focus areas include Manufacturing, Jewelry Manufacturing, Gemstones and Diamond Production. Its competitors include RBZ Jewellers, Shree Ganesh Jewellery House and Hari Krishna; 1 of its 3 listed competitors has raised funding.
Company details
Ankit Gems, established in 1985, excels in producing manufactured goods, jewelry manufacturing, gemstones, and diamond production. A contract manufacturer specializing in diamond production and supply. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Mumbai, India
- Employees 157
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website ankitgems.com
- Social LinkedIn X
- Legal Name Ankit Gems Private Limited
- Date of Incorporation 27 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2,406 Cr
FY 2025 · -22% YoY
- Net Profit₹43.47 Cr
FY 2025 · 2% margin
- EBITDA₹70.34 Cr
FY 2025 · 3% margin
- Employee Count157
Associated legal entities of Ankit Gems
Ankit Gems is associated with 3 registered companies on The Company Check; the primary company is Ankit Gems Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ankit Gems Private Limited CIN U36912MH2011PTC216778 | Active | 27 Apr 2011 | Mumbai, Maharashtra | ₹2,406 Cr | 92 | 11 | View details |
| Ankit Finsol Llp CIN ABA-0583 | Active | 29 Dec 2021 | Mumbai, Maharashtra | 2 | View details | ||
| Codiamantaires Private Limited CIN U74999MH2008PTC182442 | Active | 19 May 2008 | Mumbai, Maharashtra | ₹333 Cr | 3 | View details |
Apps and channels of Ankit Gems
Ankit Gems publishes 2 mobile apps with over 1K+ downloads.
Board of directors of Ankit Gems Private Limited (Ankit Gems)
Ankit Gems Private Limited is the primary company behind Ankit Gems. The boards of the 3 registered companies of Ankit Gems currently have 12 directors; the longest-serving is Jenish Dilipkumar Shah, appointed in 2011. 22 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jenish Dilipkumar Shah DIN 03547958 | Director | 15 Jun 2011 | 15 yrs 4 mo | Ankit Gems Private Limited |
| Shreyans Arvindkumar Shah DIN 03548010 | Director | 15 Jun 2011 | 15 yrs 4 mo | Ankit Gems Private Limited |
| Pravin Pannalal Shah DIN 00798301 | Director | 15 Jun 2011 | 15 yrs 4 mo | Ankit Gems Private Limited |
| Vasantlal Chandulal Shah DIN 00798334 | Director | 15 Jun 2011 | 15 yrs 4 mo | Ankit Gems Private Limited |
| Dilipbhai Amrutlal Soni DIN 00798359 | Director | 15 Jun 2011 | 15 yrs 4 mo | Ankit Gems Private Limited |
| Arunbhai Chimanlal Shah DIN 01979698 | Director | 15 Jun 2011 | 15 yrs 4 mo | Ankit Gems Private Limited |
| Ankit Arun Shah DIN 01872781 | Designated Partner | 29 Dec 2021 | 4 yrs 10 mo | Ankit Finsol Llp, Ankit Gems Private Limited |
| Parva Vasantlal Shah DIN 00774167 | Designated Partner | 29 Dec 2021 | 4 yrs 10 mo | Ankit Finsol Llp, Ankit Gems Private Limited |
| Ankit Hitesh Mehta DIN 02565007 | Director | 04 Apr 2023 | 3 yrs 7 mo | Codiamantaires Private Limited |
| Hitesh Vijaykumar Mehta DIN 00660482 | Director | 04 Apr 2023 | 3 yrs 7 mo | Codiamantaires Private Limited |
| Manish Vijaykumar Mehta DIN 00731249 | Director | 04 Apr 2023 | 3 yrs 7 mo | Codiamantaires Private Limited |
| Nidhi Rajesh Ranka DIN 09831768 | Company Secretary | 06 Mar 2025 | 1 yr 8 mo | Ankit Gems Private Limited |
People of Ankit Gems
5 people are tracked at Ankit Gems (1 in leadership, 4 in team); the tracked headcount is 157.
| Name | Role | Group |
|---|---|---|
Rajesh Kanadia | CFO | Leadership |
Shah Ritesh | Marketing Executive | Team |
Rahul Shah | Senior Marketing Executive | Team |
Abhijeet D. | Business Growth And New Customer Acquisition - Certified Diamonds (rapnet Id - 43093) | Team |
Arvind Shah, Arun Shah, Dilip Shah | Founders | Team |
Complete people profiles for Ankit Gems
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Financials of Ankit Gems
Figures of Ankit Gems Private Limited, the primary company behind Ankit Gems, for FY 2025. Revenue was ₹2,406 Cr (-22% year on year). Net profit was ₹43.47 Cr (2% margin). EBITDA was ₹70.34 Cr (3% margin). Revenue has grown at a compounded annual rate of -17% over three years and 0% over five years.
- ₹2,406 CrRevenue · FY 2025 · -22% YoY
- ₹43.47 CrNet profit · 2% margin
- ₹70.34 CrEBITDA · 3% margin
- ₹37.57 CrPaid-up capital
- 92Employees (provident fund records)
- -17%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ankit Gems Private Limited are on its company page.
Detailed financial statements for Ankit Gems
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Competitors of Ankit Gems
Ankit Gems has 3 listed competitors in our database, 1 of them funded. They include RBZ Jewellers, Shree Ganesh Jewellery House and Hari Krishna.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rbzjewellers.com | 2008 | Ahmedabad, India | 228 | Antique gold jewellery is manufactured by RBZ Jewellers in India. | ||
| sgjhl.com | 2002 | Kolkata, India | $18.42M | Gold and diamond jewellery is contract manufactured and exported. | ||
| hk.co | 1992 | Surat, India | 5 | Manufactures, exports, and retails diamonds and jewelry globally. |
Detailed competitors of Ankit Gems
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Web traffic of Ankit Gems
The website of Ankit Gems (ankitgems.com) receives about 6K visits a month.
- Monthly visits6K
▼ 15.8% vs previous month
Top companies in Metals & Minerals
3 companies that operate in the same segment as Ankit Gems (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 21.54 B | 78,760 |
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Related news about Ankit Gems
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Frequently Asked Questions about Ankit Gems
Ankit Gems was founded in 1985.
Ankit Gems is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ankit Gems has 157 employees.
The primary company behind Ankit Gems, Ankit Gems Private Limited, reported revenue of ₹2,406 Cr for FY 2025, down 22% year on year.
Ankit Gems, established in 1985, excels in producing manufactured goods, jewelry manufacturing, gemstones, and diamond production. A contract manufacturer specializing in diamond production and supply. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Ankit Gems's top competitors include RBZ Jewellers, Hari Krishna and Shree Ganesh Jewellery House.
Ankit Gems is associated with 3 legal entities: Ankit Gems Private Limited, Ankit Finsol Llp, Codiamantaires Private Limited.
The legal entities of Ankit Gems currently have 13 directors, including Ankit Arun Shah, Parva Vasantlal Shah, Ankit Hitesh Mehta and others.
Yes. Ankit Gems publishes Ankit Gems and 1 more app, with over 1,000 downloads.