India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,750 Niteshkumar Lalitkumarji Jain ₹1,000 Cr
- #1,750 Rakesh Lalitkumar Jain ₹1,000 Cr
Revenue · FY 2025
₹2,529.95 Cr
▲ 51% YoY
Net profit · FY 2025
₹60.04 Cr
Net margin 2.4%
EBITDA · FY 2025
₹89.09 Cr
EBITDA margin 3.5%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹28.66 Lakh
Issued & subscribed
Open charges
₹125 Cr
Satisfied ₹11.57 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
11
Provident fund records
About Classic Ornaments Private Limited
Data last updated:
Classic Ornaments 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 22 June 2009 and has been in existence for over 17 years.
Its director Niteshkumar Lalitkumarji Jain is #1,750 among India's richest people (2026). Its director Rakesh Lalitkumar Jain is #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2009PTC193464. Its GSTIN is 27AADCC6799G1Z7 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹28.66 Lakh. It is led by directors Niteshkumar Lalitkumarji Jain (Managing Director) and Rakesh Lalitkumar Jain.
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 Jewel Crown Building 401 4th Floor 99/103 Tambakanta Lane Mumbadevi, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,529.95 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹60.04 Cr (net margin 2.4%) and EBITDA of ₹89.09 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 28% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Classic Ornaments Private Limited. As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹11.57 Cr on record. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2021. Its 6 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 5 smaller; the largest is Malabar Gems and Jewellery Manufacturing Private Limited with revenue of ₹2,691.52 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website copl.in.
Company details
CIN U36911MH2009PTC193464
Registration Number 193464
Incorporation Date 22 June 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Classic Ornaments
Contact details
Classic Ornaments Private Limited's registered office is in Mumbai, Maharashtra. Its website is copl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressJewel Crown Building 401 4th Floor 99/103 Tambakanta Lane Mumbadevi, Mumbai, Maharashtra, India – 400003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Classic Ornaments Private Limited, buy the company report.
Comprehensive company report
Classic Ornaments Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Classic Ornaments operates one associated brand: Classic Ornaments Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and selling of decorative ornaments. | copl.in |
Business activity
The main business activity of Classic Ornaments 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 Classic Ornaments Private Limited, buy the company report.
Financials of Classic Ornaments Private Limited
FY 2025 filings availableClassic Ornaments Private Limited reported revenue of ₹2,529.95 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹2,529.95 Cr ▲ 51%
Net profit · FY 2025
₹60.04 Cr margin 2.4%
EBITDA · FY 2025
₹89.09 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 40%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 37%
5 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 51% growth in the latest year. EBITDA rose 47% 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 |
|---|---|---|---|---|---|
| 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 | ₹89.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.04 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Classic Ornaments Private Limited, buy the company report.
Board of directors of Classic Ornaments Private Limited
Classic Ornaments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Lalitkumar Jain | Director | 22 Jun 2009 | 17 Years 4 Months | Current |
| Niteshkumar Lalitkumarji Jain | Managing Director | 22 Jun 2009 | 17 Years 4 Months | Current |
Peer comparison
Classic Ornaments Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malabar Gems and Jewellery Manufacturing Private Limited | ₹2,691.52 Cr (FY 2025) | 230.0% | Paingottupuram, Kerala, India | |||
| Classic Ornaments Private Limitedthis company | ₹2,529.95 Cr (FY 2025) | ₹60.04 Cr | 2.4% | 51.0% | 11 | Mumbai, Maharashtra, India |
| Ankit Gems Private Limited | ₹2,405.92 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| PC Jeweller Limited | ₹2,371.87 Cr (FY 2025) | 254.0% | New Delhi, Delhi, India | |||
| SJW Shivam Jewels Private Limited | ₹2,359.4 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Royal Chain Private Limited | ₹2,354.21 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| S. Jogani Exports Private Limited | ₹2,278.4 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Classic Ornaments Private Limited, buy the company report.
Auditor
Classic Ornaments Private Limited is audited by I G JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I G JAIN & CO | FY 2023 | 103913W |
Shareholding
The shareholding of Classic Ornaments Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Classic Ornaments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹125 Cr
Satisfied charges
₹11.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101143763 | Hdfc Bank Limited | ₹85 Cr | Open | |
| 26 Jul 2018 | 100216544 | Others | ₹40 Cr | Open | |
| 15 Jan 2022 | 100532560 | Hdfc Bank Limited | ₹45.05 Lakh | Satisfied | |
| 16 Apr 2021 | 100442039 | Others | ₹3.12 Cr | Satisfied | |
| 02 Dec 2013 | 10462988 | Icici Bank Limited | ₹8 Cr | Satisfied |
To see the full charge records of Classic Ornaments Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Classic Ornaments Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2021.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹20 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Rights issue | ₹7.5 Lakh | Investors: 3 individuals |
| Jun 2011 | Funding round | ₹20 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Classic Ornaments Private 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 Classic Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Classic Ornaments Private Limited has a workforce of 11 employees on its EPFO records as of Feb 10, 2026, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
57.14%
GST
Classic Ornaments has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC6799G1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 33AADCC6799G2ZD | Tamil Nadu | Active | 29 Jan 2025 |
To see the full GST registrations and return filing status of Classic Ornaments Private Limited, buy the company report.
Recent activity
Classic Ornaments Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Anju Rakeshji Jain ceased to be Director on 05 Feb 2018.
Charges
A charge registered on 15 Jan 2022 via Charge ID 100532560 with Hdfc Bank Limited was fully satisfied on 06 Dec 2025.
AGM
Classic Ornaments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8,500.00 Lakh with Charge ID 101143763 was registered on 23 Jul 2025.
Filing
Classic Ornaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 4,000.00 Lakh registered on 26 Jul 2018 with Charge ID 100216544 was modified on 14 Mar 2023.
Charges
A charge registered on 16 Apr 2021 via Charge ID 100442039 with Others was fully satisfied on 13 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.05 Lakh with Charge ID 100532560 was registered on 15 Jan 2022.
Charges
A charge with Others amounted to Rs. 312.00 Lakh with Charge ID 100442039 was registered on 16 Apr 2021.
Charges
A charge with Others amounted to Rs. 4,000.00 Lakh with Charge ID 100216544 was registered on 26 Jul 2018.
Ceased
Anju Rakeshji Jain ceased to be Director.
Ceased
Anuja Nitesh Jain ceased to be Director.
Charges
A charge registered on 02 Dec 2013 via Charge ID 10462988 with Icici Bank Limited was fully satisfied on 08 Mar 2017.
4 earlier events are in the company report.
Frequently asked questions
Classic Ornaments 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 22 June 2009 (17+ years old) and is registered under CIN U36911MH2009PTC193464.
Classic Ornaments has 2 current directors:
- Niteshkumar Lalitkumarji Jain - Managing Director
- Rakesh Lalitkumar Jain - Director
The latest financial statements of Classic Ornaments 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 Classic Ornaments is 27AADCC6799G1Z7, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AADCC6799G2ZD (Tamil Nadu).
The CIN (Corporate Identification Number) of Classic Ornaments is U36911MH2009PTC193464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Ornaments was incorporated on 22 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Classic Ornaments has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2021.
The peers of Classic Ornaments by revenue are Malabar Gems and Jewellery Manufacturing Private Limited, Ankit Gems Private Limited, PC Jeweller Limited, SJW Shivam Jewels Private Limited, Royal Chain Private Limited and 1 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Anju Rakeshji Jain ceased to be Director on 05 Feb 2018. Anuja Nitesh Jain ceased to be Director on 05 Feb 2018. Niteshkumar Lalitkumarji Jain was appointed as Managing Director on 22 Jun 2009. Classic Ornaments has 4 board changes on record in total.
Classic Ornaments can be reached through the website copl.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Classic Ornaments is at Jewel Crown Building 401 4th Floor 99103 Tambakanta Lane Mumbadevi, Mumbai, Maharashtra, India – 400003.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages