About HVK International Private Limited
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HVK International Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 06 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2011PTC211918. Its GSTIN is 27AACCH5731N1ZA (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹99.79 Cr. It is led by directors including Sunny Nagjibhai Sakariya and Nagjibhai Mohanbhai Sakariya.
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 Fc 9020 Bharat Diamond Bourse G Block Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,477.1 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹4.81 Cr (net margin 0.3%) and EBITDA of ₹47.6 Cr (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 69 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HVK International. As per MCA filings, the company has open charges of ₹382.17 Cr and satisfied charges of ₹131.45 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 3 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹100.39 Cr; the latest was in March 2021. Its 4 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Jasani India Private Limited with revenue of ₹1,672.6 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hvkonline.com.
Company details
Contact details
HVK International Private Limited's registered office is in Mumbai, Maharashtra. Its website is hvkonline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFc 9020 Bharat Diamond Bourse G Block Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of HVK International 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
Brands
HVK International operates one associated brand: HVK International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond manufacturing and exporting are conducted by HVK International in the global market. | hvkonline.com |
Business activity
The main business activity of HVK International is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of HVK International Private Limited, buy the company report.
Financials of HVK International Private Limited
FY 2025 filings availableHVK International Private Limited reported revenue of ₹1,477.1 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 34% fall in the latest year. EBITDA fell 39% 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 | ₹47.6 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.81 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 | 3.2% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of HVK International Private Limited, buy the company report.
Board of directors and KMP of HVK International Private Limited
HVK International Private Limited currently reports 4 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunny Nagjibhai Sakariya | Director | 06 Jan 2011 | 15 Years 10 Months | Current |
| Nagjibhai Mohanbhai Sakariya Also directs: HVK Charity Foundation, SDB Diamond Bourse | Director | 06 Jan 2011 | 15 Years 10 Months | Current |
| Dineshchandra Dahyalal Koradia Also directs: HVK Charity Foundation | Director | 06 Jan 2011 | 15 Years 10 Months | Current |
| Hareshbhai Mohanbhai Sakariya Also directs: HVK Charity Foundation, H V Constructions LLP, Brillare Realty Private Limited and 2 more | Director | 06 Jan 2011 | 15 Years 10 Months | Current |
| Mitali Yogesh Shah | Company Secretary | 01 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
HVK International Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jasani India Private Limited | ₹1,672.6 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Mehta Gold Private Limited | ₹1,502.36 Cr (FY 2025) | 45.0% | Bangalore, Karnataka, India | |||
| HVK International Private Limitedthis company | ₹1,477.1 Cr (FY 2025) | ₹4.81 Cr | 0.3% | -34.0% | 69 | Mumbai, Maharashtra, India |
| Shringar House of Mangalsutra Limited | ₹1,430.12 Cr (FY 2025) | 148.0% | Mumbai, Maharashtra, India | |||
| Anand Jewels (Indore) Private Limited | ₹1,415.94 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of HVK International Private Limited, buy the company report.
Auditor
HVK International Private Limited is audited by RAMESH RAJNI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH RAJNI & CO LLP | FY 2023 | W100232 |
Shareholding
The shareholding of HVK International 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 HVK International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101161706 | Hdfc Bank Limited | ₹37 Lakh | Open | |
| 21 Apr 2025 | 101082189 | Hdfc Bank Limited | ₹31.56 Lakh | Open | |
| 23 Sep 2022 | 100709740 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 27 Jan 2022 | 100536085 | Bank of India | ₹63.53 Cr | Open | |
| 07 Sep 2020 | 100393829 | Axis Bank Limited | ₹33 Lakh | Open |
To see the full charge records of HVK International Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
HVK International Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹100.39 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2014 | Rights issue | ₹9 Cr | Investors: 3 individuals |
| Oct 2013 | Funding round | ₹25 Cr | Investors: 3 individuals |
To see the full deal history of HVK International Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HVK International Private Limited has 10 court cases on record: 4 filed by HVK International, 6 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
| District courts | 4 | 3 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd., Its Autho Offi. Tushar Bachubhai Patel | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Yes Bank Ltd - Chinmay H. Acharya | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed by the company against an individual | Pending |
| Supreme Court | Court case (0603-Banking : Mortgage, pledge, hypothecation, bank guarantee, Money Lending Acts) | Filed by the company against KBC Bank NV A Belgian Universal Multi - Channel Bank Through Its Manager Registered Office at Havenlaa 2, 1080 Brussels, Presently: Through Its Power of Attorney Arun Puthran, 103-A, Sriprastha Building No.5, CHSL Nallasopara(W), Mumbai , District: . ,Mumbai , Maharashtra | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by KBC Bank NV Is A Belgian Universal Multi-Channel Bank | Pending |
To see the full case history of HVK International 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.
Credit ratings & regulatory alerts
HVK International Private Limited was last rated by Icra on 15 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Nov 2021 |
To see the full credit ratings and regulatory alerts of HVK International Private Limited, buy the company report.
MSME payment delays
HVK International Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| P. Hitesh & Co. |
To see the full MSME payment records of HVK International Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
HVK International Private Limited has a workforce of 69 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 69 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of HVK International Private Limited, buy the company report.
GST
HVK International has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH5731N1ZA | Maharashtra | Active | 01 Jul 2017 |
| 24AACCH5731N1ZG | Gujarat | Active | 01 Jul 2017 |
| 24AACCH5731N2ZF | Gujarat | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of HVK International Private Limited, buy the company report.
Recent activity
HVK International Private Limited has 5 board changes on record since 2011: 5 appointments. The latest: Mitali Yogesh Shah was appointed as Company Secretary on 01 Jun 2021.
15 earlier events are in the company report.
Frequently asked questions
HVK International is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 06 January 2011 (15+ years old) and is registered under CIN U51398MH2011PTC211918.
HVK International has 5 current directors and KMP:
- Sunny Nagjibhai Sakariya - Director
- Nagjibhai Mohanbhai Sakariya - Director
- Dineshchandra Dahyalal Koradia - Director
- Hareshbhai Mohanbhai Sakariya - Director
- Mitali Yogesh Shah - Company Secretary
The latest financial statements of HVK International 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 HVK International is 27AACCH5731N1ZA, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AACCH5731N1ZG (Gujarat), 24AACCH5731N2ZF (Gujarat).
The CIN (Corporate Identification Number) of HVK International is U51398MH2011PTC211918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HVK International has 10 court cases on record: 4 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
HVK International was incorporated on 06 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
HVK International has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹100.39 Cr; the latest was in March 2021.
The peers of HVK International by revenue are Jasani India Private Limited, Mehta Gold Private Limited, Shringar House of Mangalsutra Limited, Anand Jewels (Indore) Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Mitali Yogesh Shah was appointed as Company Secretary on 01 Jun 2021. Dineshchandra Dahyalal Koradia was appointed as Director on 06 Jan 2011. Hareshbhai Mohanbhai Sakariya was appointed as Director on 06 Jan 2011. HVK International has 5 board changes on record in total.
HVK International has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 17 Nov 2019.
HVK International can be reached through the website hvkonline.com. Its registered office is in Mumbai, Maharashtra, India.
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