About Ebullion Private Limited
Data last updated:
Ebullion Private Limited is a private limited company based in Navimumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 06 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC343357. Its GSTIN is 27AAGCE0239C1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Vishwas Shashikant Choksi and Gaurav Abhay Choksi.
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 Plot No C 122 Ttc Indl Area Pawane Village, Navimumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.81 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Cr (net margin -27%) and EBITDA of -₹1.84 Cr (EBITDA margin -27%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
The company is associated with 1 brand: Ebullion.
For more details, the company can be reached via its website ebullion.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No C 122 Ttc Indl Area Pawane Village, Navimumbai, Maharashtra, India – 400703
- IndustryE-Commerce, Online Watches & Jewelry Retail
- 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
- One PDF report, delivered after checkout
Associated Brands with Ebullion Private Limited
Ebullion operates one associated brand: Ebullion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital precious metals are traded via app by individuals. | ebullion.in |
Competitors & Alternatives of Ebullion Private Limited
Brands and companies operating in the same space as Ebullion Private Limited include MMTC-PAMP India, Sln Bullion, OroPocket and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 MMTC-PAMP India | Trading in precious metals is facilitated through an online platform. | Gurugram, India | 2008 |
 Sln Bullion | Precious metals are traded via an online platform for individuals. | Chennai, India | 2010 |
 OroPocket | Investments in precious metals are enabled via blockchain platform. | Delhi, India | 2011 |
 Bullion India | Alternative investment platform for silver & gold | Mumbai, India | 2012 |
 Dvara SmartGold | Alternative investment platform focused on gold investments | Mumbai, India | 2019 |
 SKTM Naachas Gold | An app-based platform is operated for trading gold investments. | Coimbatore, India | 2015 |
 Shree Trilochan Jewellers | Gold wholesale and jewellery services based in Varanasi, India. | Varanasi, India | 2021 |
 AuAg | Operates an online platform for retail customers to access physical products. | Ahmedabad, India | 2022 |
Business Activity of Ebullion Private Limited
The main business activity of Ebullion is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Ebullion Private Limited
Ebullion has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Shashikant Choksi Also directs: Hindustan Platinum Wind Energy LLP, Hindustan Platinum Private Limited, Active Solar LLP and 5 more | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Gaurav Abhay Choksi Also directs: Hindustan Platinum Wind Energy LLP, Hindustan Platinum Private Limited, Active Solar LLP and 2 more | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Gautam Ashok Choksi Also directs: Hindustan Platinum Wind Energy LLP, Hindustan Platinum Private Limited, Bona Terra Greenhouses LLP and 1 more | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Vikram Sajanlal Choksi Also directs: Hindustan Platinum Wind Energy LLP, Umbrella Corporation Private Limited, Hindustan Pharmatech Private Limited and 5 more | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
Financials of Ebullion Private Limited FY 2025 filings available
Ebullion Private Limited reported revenue of ₹6.81 Cr (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ebullion Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over three years, including a 81% fall in the latest year. EBITDA fell 1% 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 of Ebullion Private Limited
| 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 | -₹1.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.84 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 of Ebullion Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ebullion are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ebullion Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ebullion Private Limited
Ebullion Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ebullion Private Limited
Ebullion Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Ebullion Private Limited
Ebullion has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE0239C1Z3 | Maharashtra | Active | 23 Sep 2020 |
| 24AAGCE0239C1Z9 | Gujarat | Active | 25 Feb 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Ebullion Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ebullion Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ebullion Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ebullion Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Ebullion Private Limited
Frequently Asked Questions about Ebullion Private Limited
Ebullion is an active private limited company based in Navimumbai, Maharashtra, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 06 August 2020 (6+ years old) and is registered under CIN U74999MH2020PTC343357.
Ebullion reported revenue of ₹6.81 Cr for FY 2025 (down 81% YoY).
Ebullion has 4 current directors:
- Vishwas Shashikant Choksi - Director
- Gaurav Abhay Choksi - Director
- Gautam Ashok Choksi - Director
- Vikram Sajanlal Choksi - Director
Ebullion reported a net loss of ₹1.84 Cr (net margin -27%) and EBITDA of -₹1.84 Cr (EBITDA margin -27%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ebullion is -26% over three years. In the latest year (FY 2025) revenue fell 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ebullion is 27AAGCE0239C1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCE0239C1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Ebullion is U74999MH2020PTC343357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ebullion was incorporated on 06 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Ebullion is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).