Devraj Nensee Jewellers Private Limited
About Devraj Nensee Jewellers Private Limited
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Devraj Nensee Jewellers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 17 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U26933TN2000PTC045930. Its GSTIN is 33AAACE8261G1ZU (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Exotic Stones India Private Limited. It is led by directors including Tanvi Yogesh Shah and Akshay Ketan Shah.
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 P.S.Towers No.10 Chamiers Road Opp: Venkateshwara Hospital Nandanam, Chennai, Tamil Nadu, India – 600035.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.97 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 8.6%) and EBITDA of ₹4.54 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹5.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devraj Nensee Jewellers Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressP.S.Towers No.10 Chamiers Road Opp: Venkateshwara Hospital Nandanam, Chennai, Tamil Nadu, India – 600035
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Devraj Nensee Jewellers 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 Devraj Nensee Jewellers 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 Devraj Nensee Jewellers Private Limited, buy the company report.
Financials of Devraj Nensee Jewellers Private Limited
FY 2025 filings availableDevraj Nensee Jewellers Private Limited reported revenue of ₹27.97 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 8% 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 | ₹4.54 Cr | ||||
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| Net Profit (PAT) | ₹2.4 Cr | ||||
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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 | 16.2% | ||||
| Net Profit Margin | 8.6% | ||||
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To see the full financial statements and ratios of Devraj Nensee Jewellers Private Limited, buy the company report.
Board of directors of Devraj Nensee Jewellers Private Limited
Devraj Nensee Jewellers has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanvi Yogesh Shah | Director | 14 May 2009 | 17 Years 5 Months | Current |
| Akshay Ketan Shah Also directs: G.I. Enterprises Private Limited | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
| Abhay Yogesh Shah | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
| Achira Ketan Shah | Director | 01 Feb 2010 | 16 Years 9 Months | Current |
| Sailesh Manilal Shah | Director | 01 Aug 2002 | 24 Years 3 Months | Current |
Auditor
Devraj Nensee Jewellers Private Limited is audited by Messers V.L.Modi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Messers V.L.Modi & Co | FY 2023 | 002078S |
Shareholding
The shareholding of Devraj Nensee Jewellers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devraj Nensee Jewellers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2024 | 101020592 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 29 Nov 2024 | 101016693 | Hdfc Bank Limited | ₹4.95 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devraj Nensee Jewellers 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
Devraj Nensee Jewellers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 9 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kamlesh Diamonds & Co | |||
| Veekay Diamoants |
To see the full MSME payment records of Devraj Nensee Jewellers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Devraj Nensee Jewellers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACE8261G1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devraj Nensee Jewellers Private Limited, buy the company report.
Recent activity
Devraj Nensee Jewellers Private Limited has 9 board changes on record since 2002: 5 appointments and 4 cessations. The latest: Abhay Yogesh Shah ceased to be Additional Director on 30 Sep 2016.
2 earlier events are in the company report.
Frequently asked questions
Devraj Nensee Jewellers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 17 October 2000 (26+ years old) and is registered under CIN U26933TN2000PTC045930.
Devraj Nensee Jewellers has 5 current directors:
- Tanvi Yogesh Shah - Director
- Akshay Ketan Shah - Director
- Abhay Yogesh Shah - Director
- Achira Ketan Shah - Director
- Sailesh Manilal Shah - Director
The latest financial statements of Devraj Nensee Jewellers 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 Devraj Nensee Jewellers is 33AAACE8261G1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Devraj Nensee Jewellers is U26933TN2000PTC045930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devraj Nensee Jewellers was incorporated on 17 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
Abhay Yogesh Shah ceased to be Additional Director on 30 Sep 2016. Akshay Ketan Shah ceased to be Additional Director on 30 Sep 2016. Abhay Yogesh Shah was appointed as Director on 01 Feb 2016. Devraj Nensee Jewellers has 9 board changes on record in total.
Devraj Nensee Jewellers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 9 overdue payments to 2 micro and small suppliers. The latest return was filed on 09 Jun 2019.
The registered office of Devraj Nensee Jewellers is at P.S.Towers No.10 Chamiers Road Opp: Venkateshwara Hospital Nandanam, Chennai, Tamil Nadu, India – 600035.
Devraj Nensee Jewellers operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Devraj Nensee Jewellers has open charges of ₹5.15 Cr and no satisfied charges on record as per latest MCA filings.
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