About Bhagya Gold Limited
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Bhagya Gold Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 11 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2014PLC080102. Its GSTIN is 24AAFCB9617G1ZP (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ravikumar Kamleshbhai Shah and Shitalben Harshal Lakhani.
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 Second Floor Hallmark Complex – 4 Haribhakti Ni Pole Manek Chowk, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.09 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.55 Lakh (net margin 0.2%) and EBITDA of ₹8.25 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
The company is associated with 1 brand: Azuki Gold Jewellery.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagyagold.com.
Company details
Contact details
Bhagya Gold Limited's registered office is in Ahmedabad, Gujarat. Its website is bhagyagold.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSecond Floor Hallmark Complex – 4 Haribhakti Ni Pole Manek Chowk, Ahmedabad, Gujarat, India – 380001
- IndustryE-Commerce, Online Watches & Jewelry Retail
To see the full contact details of Bhagya Gold 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
Brands
Bhagya Gold operates one associated brand: Azuki Gold Jewellery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gold jewellery production and retail in India. | bhagyagold.com |
Business activity
The main business activity of Bhagya Gold is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhagya Gold Limited, buy the company report.
Financials of Bhagya Gold Limited
FY 2025 filings availableBhagya Gold Limited reported revenue of ₹25.09 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 20% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.25 Lakh | ||||
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| Net Profit (PAT) | ₹5.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Bhagya Gold Limited, buy the company report.
Board of directors of Bhagya Gold Limited
Bhagya Gold has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravikumar Kamleshbhai Shah | Director | 11 Jul 2014 | 12 Years 4 Months | Current |
| Shitalben Harshal Lakhani Also directs: Bhagya-Veer Agro Industries Limited, Preksha Agro Industries Private Limited, Velani Lifestyle Private Limited and 5 more | Director | 27 Jan 2026 | 0 Years 9 Months | Current |
| Payalben Kantilal Hirapara Also directs: Bhagya-Veer Agro Industries Limited, Growgreen Biotech Private Limited, Dairy Tazaa Private Limited and 5 more | Director | 27 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Bhagya Gold Limited is audited by B MAYUR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B MAYUR & ASSOCIATES | FY 2020 | 137505W |
Shareholding
The shareholding of Bhagya Gold Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bhagya Gold Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhagya Gold 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 Bhagya Gold Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagya Gold has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB9617G1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhagya Gold Limited, buy the company report.
Recent activity
Bhagya Gold Limited has 12 board changes on record since 2014: 5 appointments and 7 cessations. The latest: Payalben Kantilal Hirapara was appointed as Director on 27 Jan 2026.
3 earlier events are in the company report.
Frequently asked questions
Bhagya Gold is an active public limited company based in Ahmedabad, Gujarat, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 11 July 2014 (12+ years old) and is registered under CIN U36912GJ2014PLC080102.
Bhagya Gold has 3 current directors:
- Ravikumar Kamleshbhai Shah - Director
- Shitalben Harshal Lakhani - Director
- Payalben Kantilal Hirapara - Director
The latest financial statements of Bhagya Gold 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.
The GSTIN of Bhagya Gold is 24AAFCB9617G1ZP, registered in Gujarat. 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 Bhagya Gold is U36912GJ2014PLC080102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagya Gold was incorporated on 11 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Payalben Kantilal Hirapara was appointed as Director on 27 Jan 2026. Shitalben Harshal Lakhani was appointed as Director on 27 Jan 2026. Payalben Kantilal Hirapara ceased to be Director on 25 Jul 2023. Bhagya Gold has 12 board changes on record in total.
Bhagya Gold can be reached through the website bhagyagold.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Bhagya Gold is at Second Floor Hallmark Complex – 4 Haribhakti Ni Pole Manek Chowk, Ahmedabad, Gujarat, India – 380001.
Bhagya Gold operates in the e-commerce industry, in the online watches and jewelry retail segment.
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