About Hera Ornaments Private Limited
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Hera Ornaments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 26 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36911GJ2010PTC060013. Its GSTIN is 24AACCH3804J1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Darshan Kaushikbhai Patadia and Hinaben Kavshikkumar Patadia.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2016, the company reported a revenue of ₹13.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.55 Lakh (net margin 1.6%) and EBITDA of ₹32.99 Lakh (EBITDA margin 2.5%).
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website herajewel.com.
Company details
Contact details
Hera Ornaments Private Limited's registered office is in Ahmedabad, Gujarat. Its website is herajewel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf/8 Parijat Asso Nr. Devshana Pada Swaminaran Mandir Ka, Lupur, Ahmedabad, Gujarat, India – 380001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Hera Ornaments 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 Hera Ornaments 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 Hera Ornaments Private Limited, buy the company report.
Financials of Hera Ornaments Private Limited
FY 2017 filings availableHera Ornaments Private Limited reported revenue of ₹13.14 Cr (up 516% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 516% in the latest year. EBITDA rose 386% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹13.14 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹32.99 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹20.55 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.5% | |
| Net Profit Margin | 1.6% | |
| 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 Hera Ornaments Private Limited, buy the company report.
Board of directors of Hera Ornaments Private Limited
Hera Ornaments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Kaushikbhai Patadia | Director | 26 Mar 2010 | 16 Years 7 Months | Current |
| Hinaben Kavshikkumar Patadia | Director | 26 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Hera Ornaments Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodmatric Export Private Limited | ₹13.25 Cr (FY 2025) | -28.0% | Surat, Gujarat, India | |||
| Matane - Jewels Private Limited | ₹13.19 Cr (FY 2024) | 48.0% | Kolkata, West Bengal, India | |||
| Roop Jwelfin Private Limited | ₹13.18 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Maatangi Jewels Private Limited | ₹13.17 Cr (FY 2025) | 31.0% | Agra, Uttar Pradesh, India | |||
| Seven Seas Netmartsales Private Limited | ₹13.17 Cr (FY 2025) | 12.0% | Lucknow, Uttar Pradesh, India | |||
| Hera Ornaments Private Limitedthis company | ₹13.14 Cr (FY 2016) | ₹20.55 Lakh | 1.6% | 516.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Hera Ornaments Private Limited, buy the company report.
Auditor
Hera Ornaments Private Limited is audited by C R SHAREDALAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C R SHAREDALAL & CO | FY 2016 | 109943W |
Shareholding
The shareholding of Hera Ornaments Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hera Ornaments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2016 | 100049610 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Hera Ornaments Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Hero Fincorp Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Standard Chartered Bank | Disposed |
To see the full case history of Hera Ornaments 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 Hera Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hera Ornaments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH3804J1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hera Ornaments Private Limited, buy the company report.
Recent activity
Hera Ornaments Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Darshan Kaushikbhai Patadia was appointed as Director on 26 Mar 2010.
Frequently asked questions
Hera Ornaments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 26 March 2010 (16+ years old) and is registered under CIN U36911GJ2010PTC060013.
Hera Ornaments has 2 current directors:
- Darshan Kaushikbhai Patadia - Director
- Hinaben Kavshikkumar Patadia - Director
The latest financial statements of Hera Ornaments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Hera Ornaments is 24AACCH3804J1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Hera Ornaments is U36911GJ2010PTC060013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hera Ornaments has 6 court cases on record: 6 filed against it.
Hera Ornaments was incorporated on 26 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hera Ornaments by revenue are Goodmatric Export Private Limited, Matane - Jewels Private Limited, Roop Jwelfin Private Limited, Maatangi Jewels Private Limited, Seven Seas Netmartsales Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Darshan Kaushikbhai Patadia was appointed as Director on 26 Mar 2010. Hinaben Kavshikkumar Patadia was appointed as Director on 26 Mar 2010.
Hera Ornaments can be reached through the website herajewel.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Hera Ornaments is at Sf8 Parijat Asso Nr. Devshana Pada Swaminaran Mandir Ka, Lupur, Ahmedabad, Gujarat, India – 380001.
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