
Hefiz Gems Private Limited
About Hefiz Gems Private Limited
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Hefiz Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 12 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PTC077648.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hefiz Finance and Investment Pltd. It is led by directors Viren Bhagat Vrajlal and Varun Viren Bhagat.
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 4 Om Chambers Kemps Corner, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2025, the company reported a revenue of ₹6 Lakh. For the same year it recorded a net profit of ₹4.65 Lakh (net margin 77.5%) and EBITDA of ₹5.65 Lakh (EBITDA margin 94.2%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹12.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hefiz Gems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address4 Om Chambers Kemps Corner, Mumbai, Maharashtra, India – 400026
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Hefiz 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
Financials of Hefiz Gems Private Limited
FY 2025 filings availableHefiz Gems Private Limited reported revenue of ₹6 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years. 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 | ₹5.65 Lakh | ||||
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| Net Profit (PAT) | ₹4.65 Lakh | ||||
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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 | 94.2% | ||||
| Net Profit Margin | 77.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hefiz Gems Private Limited, buy the company report.
Board of directors of Hefiz Gems Private Limited
Hefiz Gems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Bhagat Vrajlal Also directs: Varun Exports Global LLP | Director | 14 Apr 1994 | 32 Years 6 Months | Current |
| Varun Viren Bhagat Also directs: Varun Exports Global LLP | Additional Director | 20 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Hefiz Gems Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mansi Precious Artworks Private Limited | ₹6.09 Lakh (FY 2024) | Delhi, India | ||||
| Luxxio Fashion Private Limited | ₹6.08 Lakh (FY 2022) | 19.0% | New Delhi, Delhi, India | |||
| Suksha International Private Limited | ₹6.07 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| K.P. Jewellery Gems Chennai Private Limited | ₹6.06 Lakh (FY 2025) | -84.0% | Chennai, Tamil Nadu, India | |||
| Parth Investments Consultants Private Limited | ₹6.04 Lakh (FY 2025) | -5.0% | Thane, Maharashtra, India | |||
| Hefiz Gems Private Limitedthis company | ₹6 Lakh (FY 2025) | ₹4.65 Lakh | 77.5% | Mumbai, Maharashtra, India | ||
| Rohit Diagem Private Limited | ₹5.99 Lakh (FY 2025) | -95.0% | Surat, Gujarat, India | |||
| Karan Jewels Private Limited | ₹5.97 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Meridian Jewels Private Limited | ₹5.91 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Bhagyaarna Gems & Jewellery Private Limited | ₹5.88 Lakh (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Armilla Stoli Gold Works Private Limited | ₹5.74 Lakh (FY 2016) | -5.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Hefiz Gems Private Limited, buy the company report.
Auditor
Hefiz Gems Private Limited is audited by MEHTA KOTHARI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA KOTHARI & CO | FY 2021 | 106248W |
Shareholding
The shareholding of Hefiz Gems Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hefiz Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2016 | 100037214 | Others | ₹15 Cr | Open | |
| 10 Feb 2011 | 10273117 | The Saraswat Cooperative Bank Ltd | ₹8 Cr | Satisfied | |
| 25 Jul 2007 | 10097217 | Bombay Mercantile Co-Operative Bank Limited | ₹4 Cr | Satisfied | |
| 10 Jun 2000 | 80036297 | Union Bank of India | ₹90 Lakh | Satisfied |
To see the full charge records of Hefiz Gems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Hefiz Gems 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 Hefiz Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hefiz Gems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hefiz Gems Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Bharat Vrajlal Bhagat ceased to be Director on 21 Mar 2013.
4 earlier events are in the company report.
Frequently asked questions
Hefiz Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 12 April 1994 (32+ years old) and is registered under CIN U67120MH1994PTC077648.
Hefiz Gems has 2 current directors:
- Viren Bhagat Vrajlal - Director
- Varun Viren Bhagat - Additional Director
The latest financial statements of Hefiz Gems 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 CIN (Corporate Identification Number) of Hefiz Gems is U67120MH1994PTC077648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hefiz Gems was incorporated on 12 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hefiz Gems by revenue are Mansi Precious Artworks Private Limited, Luxxio Fashion Private Limited, Suksha International Private Limited, K.P. Jewellery Gems Chennai Private Limited, Parth Investments Consultants Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Bharat Vrajlal Bhagat ceased to be Director on 21 Mar 2013. Rajan Vrajlal Bhagat ceased to be Director on 21 Mar 2013. Varun Viren Bhagat was appointed as Additional Director on 20 Mar 2013. Hefiz Gems has 4 board changes on record in total.
The registered office of Hefiz Gems is at 4 Om Chambers Kemps Corner, Mumbai, Maharashtra, India – 400026.
Hefiz Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Hefiz Gems has open charges of ₹15 Cr and satisfied charges of ₹12.9 Cr as per latest MCA filings.
The compliance status of Hefiz Gems is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.

