Equidem Enterprise Private Limited
About Equidem Enterprise Private Limited
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Equidem Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 05 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2020PTC114384. Its GSTIN is 24AAFCE9518D1ZS (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors Jayesh Parmanand Khandwala and Girish Babulal 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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹8,490.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹77.67 Cr (net margin 0.9%) and EBITDA of ₹114.46 Cr (EBITDA margin 1.3%).
As per MCA filings, the company has open charges of ₹57.2 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
Contact details
Equidem Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Kifs Corporate House (Khandwala House), Nr. Land Mark Hotel Nr. Neptune House Iskon – Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Equidem Enterprise 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 Equidem Enterprise is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Equidem Enterprise Private Limited, buy the company report.
Financials of Equidem Enterprise Private Limited
FY 2025 filings availableEquidem Enterprise Private Limited reported revenue of ₹8,490.81 Cr (up 394% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 394% in the latest year. EBITDA rose 628% 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 | ₹114.46 Cr | ||||
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| Net Profit (PAT) | ₹77.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Equidem Enterprise Private Limited, buy the company report.
Board of directors of Equidem Enterprise Private Limited
Equidem Enterprise 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 |
|---|---|---|---|---|
| Jayesh Parmanand Khandwala Also directs: Kifs Trading LLP, Kifs Infrastructure LLP, Khandwala & Zaveri Developers LLP and 5 more | Director | 05 Jul 2020 | 6 Years 3 Months | Current |
| Girish Babulal Shah | Director | 30 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Equidem Enterprise Private Limited is audited by SHAH SOMANI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SOMANI & CO. | FY 2022 | 041827 |
Shareholding
The shareholding of Equidem Enterprise Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Equidem Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2025 | 101149420 | Indian Bank | ₹7.2 Cr | Open | |
| 10 Jul 2023 | 100740361 | Axis Bank Limited | ₹50 Cr | Open |
To see the full charge records of Equidem Enterprise Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Equidem Enterprise Private Limited has 3 court cases on record: 3 filed by Equidem Enterprise. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Commissioner of Customs Zone III and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against The Deputy Commissioner of Customsairport Special Cargo Commissionerate Mumbai Customs Zone III and 2 others | Disposed |
To see the full case history of Equidem Enterprise 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 Equidem Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Equidem Enterprise Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Equidem Enterprise has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE9518D1ZS | Gujarat | Active | 08 Aug 2020 |
| 27AAFCE9518D1ZM | Maharashtra | Active | 01 Aug 2021 |
To see the full GST registrations and return filing status of Equidem Enterprise Private Limited, buy the company report.
Recent activity
Equidem Enterprise Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Girish Babulal Shah ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Equidem Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 05 July 2020 (6+ years old) and is registered under CIN U36999GJ2020PTC114384.
Equidem Enterprise has 2 current directors:
- Jayesh Parmanand Khandwala - Director
- Girish Babulal Shah - Director
The latest financial statements of Equidem Enterprise 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 FY 2021 are in the company report.
The GSTIN of Equidem Enterprise is 24AAFCE9518D1ZS, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCE9518D1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Equidem Enterprise is U36999GJ2020PTC114384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equidem Enterprise has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Equidem Enterprise was incorporated on 05 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Girish Babulal Shah ceased to be Additional Director on 30 Sep 2022. Girish Babulal Shah was appointed as Director on 30 Apr 2022. Jitendra Soni ceased to be Director on 30 Apr 2022. Equidem Enterprise has 5 board changes on record in total.
The registered office of Equidem Enterprise is at 4th Floor Kifs Corporate House Khandwala House, Nr. Land Mark Hotel Nr. Neptune House Iskon – Ambli Road Bodakdev, Ahmedabad, Gujarat, India – 380054.
Equidem Enterprise operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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