About Bhavani Gems Private Limited
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Bhavani Gems 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 26 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2012PTC228680. Its GSTIN is 27AAECB9471D1ZM (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹10.63 Cr. It is led by directors Raj Manjibhai Dholakia and Manjibhai Rudabhai Dholakia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.74 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹42.56 Lakh (net margin 15.5%) and EBITDA of ₹65.02 Lakh (EBITDA margin 23.7%).
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹400.8 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhavanigems.com.
Company details
Contact details
Bhavani Gems Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhavanigems.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAe 3032 Bharat Diamond Bourse G Block Bandrakurla Complex Opp Nabard Head Offi, Ce Bandrae, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Bhavani Gems Private 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
Business activity
The main business activity of Bhavani Gems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Bhavani Gems Private Limited, buy the company report.
Financials of Bhavani Gems Private Limited
FY 2023 filings availableBhavani Gems Private Limited reported revenue of ₹2.74 Cr (up 15% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. EBITDA rose 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹65.02 Lakh | ||||
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| Net Profit (PAT) | ₹42.56 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 23.7% | ||||
| Net Profit Margin | 15.5% | ||||
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To see the full financial statements and ratios of Bhavani Gems Private Limited, buy the company report.
Board of directors of Bhavani Gems Private Limited
Bhavani Gems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Manjibhai Dholakia | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
| Manjibhai Rudabhai Dholakia Also directs: Siddhi Manufacturing LLP | Director | 26 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Bhavani Gems Private Limited is audited by G K CHOKSI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K CHOKSI & CO | FY 2020 | 125442W |
Shareholding
The shareholding of Bhavani Gems Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bhavani Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2012 | 10350295 | State Bank of India | ₹400.8 Cr | Satisfied |
To see the full charge records of Bhavani Gems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bhavani Gems Private Limited has 2 court cases on record: 2 filed by Bhavani Gems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 5( and 2 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax -5 ( and 2 others | Disposed |
To see the full case history of Bhavani Gems Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Bhavani Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhavani Gems Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Bhavani Gems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB9471D1ZM | Maharashtra | Active | 01 Jul 2017 |
| 24AAECB9471D1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhavani Gems Private Limited, buy the company report.
Recent activity
Bhavani Gems Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Heet Manjibhai Dholakia ceased to be Director on 15 Feb 2024.
Frequently asked questions
Bhavani Gems 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 26 March 2012 (14+ years old) and is registered under CIN U36912MH2012PTC228680.
Bhavani Gems has 2 current directors:
- Raj Manjibhai Dholakia - Director
- Manjibhai Rudabhai Dholakia - Director
The latest financial statements of Bhavani Gems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavani Gems is 27AAECB9471D1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECB9471D1ZS (Gujarat).
The CIN (Corporate Identification Number) of Bhavani Gems is U36912MH2012PTC228680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhavani Gems has 2 court cases on record: 2 filed by the company.
Bhavani Gems was incorporated on 26 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Heet Manjibhai Dholakia ceased to be Director on 15 Feb 2024. Monika Agarwal ceased to be Company Secretary on 01 Dec 2020. Dhirubhai Karshanbhai Dholakia ceased to be Director on 17 Aug 2015. Bhavani Gems has 5 board changes on record in total.
Bhavani Gems can be reached through the website bhavanigems.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bhavani Gems is at Ae 3032 Bharat Diamond Bourse G Block Bandrakurla Complex Opp Nabard Head Offi, Ce Bandrae, Mumbai, Maharashtra, India – 400051.