India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,009 Ketan Bhawarlal Kothari & family ₹2,700 Cr
Revenue · FY 2025
₹7,568.74 Cr
▲ 400% YoY
Net profit · FY 2025
₹92.65 Cr
Net margin 1.2%
EBITDA · FY 2025
₹134.9 Cr
EBITDA margin 1.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.4 Lakh
Issued & subscribed
Open charges
₹54.16 Cr
Satisfied ₹50 Cr
Company age
31 yrs
Est. 1995
Directors on board
6
As per MCA filings
About Ideal Fiscal Services Ltd
Data last updated:
Ideal Fiscal Services Ltd is a public limited company based in Jaipur, Rajasthan, India, a subsidiary of Augmont Enterprises Private Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 February 1995 and has been in existence for over 31 years.
Its director Ketan Bhawarlal Kothari and family are #1,009 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U46498RJ1995PLC034694. Its GSTIN is 08AAACI3656B2ZV (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.4 Lakh. It is led by directors including Priya Amit Solanki and Nishant Tolchand Ranka.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. H 169 – 170 SEZ II RIICO Industrial Area Sitapur, Jaipur, Rajasthan, India – 302022.
As per the financials filed for FY 2025, the company reported a revenue of ₹7,568.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹92.65 Cr (net margin 1.2%) and EBITDA of ₹134.9 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 590% over three years.
As per MCA filings, the company has open charges of ₹54.16 Cr and satisfied charges of ₹50 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website augmont.com.
Company details
CIN U46498RJ1995PLC034694
Registration Number 034694
Incorporation Date 23 February 1995
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Augmont Enterprises Private Limited
Compliance Status Active Compliant
CIN history
Ideal Fiscal Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46498RJ1995PLC034694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46498RJ1995PLC034694 | Current |
| U65910GJ1995PLC024758 | Previous |
| U65910RJ1995PLC034694 | Previous |
Recognitions & Rankings of Ideal Fiscal Services
Contact details
Ideal Fiscal Services Ltd's registered office is in Jaipur, Rajasthan.
- Registered AddressPlot No. H 169 – 170 SEZ II RIICO Industrial Area Sitapur, Jaipur, Rajasthan, India – 302022
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
Comprehensive company report
Ideal Fiscal Services Ltd - one report that includes everything
- 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
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Financials of Ideal Fiscal Services Ltd
FY 2025 filings availableIdeal Fiscal Services Ltd reported revenue of ₹7,568.74 Cr (up 400% YoY) for FY 2025.
Revenue · FY 2025
₹7,568.74 Cr ▲ 400%
Net profit · FY 2025
₹92.65 Cr margin 1.2%
EBITDA · FY 2025
₹134.9 Cr margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 400%
3 years · compounded
▲ 590%
EBITDA CAGR growth
1 year
▲ 305%
3 years · compounded
▲ 543%
Revenue has grown at a compounded annual rate (CAGR) of 590% over three years, including 400% growth in the latest year. EBITDA rose 305% 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 | ₹134.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹92.65 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 | 1.8% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ideal Fiscal Services Ltd, buy the company report.
Board of directors of Ideal Fiscal Services Ltd
Ideal Fiscal Services has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Amit Solanki | Director | 12 Sep 2023 | 3 Years 1 Months | Current |
| Nishant Tolchand Ranka Also directs: Finkurve Financial Services Limited, Augmont Goldtech Private Limited, Augmont Enterprises Limited and 1 more | Director | 23 Jun 2025 | 1 Years 4 Months | Current |
| Praveenchand Mohnot | Director | 12 Sep 2023 | 3 Years 1 Months | Current |
| Mahendra Kumar Nemichand Bafna | Director | 19 Jul 2021 | 5 Years 3 Months | Current |
| Ketan Bhawarlal Kothari | Director | 19 Jul 2021 | 5 Years 3 Months | Current |
| Sanket Bohra Also directs: Subhadra Local Area Bank Limited | Director | 29 May 2024 | 2 Years 4 Months | Current |
Peer comparison
Ideal Fiscal Services Ltd is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Shree Ramkrishna Exports Private Limited | ₹8,238.7 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Emerald Jewel Industry India Limited | ₹8,181.56 Cr (FY 2025) | 22.0% | Coimbatore, Tamil Nadu, India | |||
| Hari Krishna Exports Private Limited | ₹7,740.85 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Ideal Fiscal Services Ltdthis company | ₹7,568.74 Cr (FY 2025) | ₹92.65 Cr | 1.2% | 400.0% | Jaipur, Rajasthan, India | |
| Mohanlal Jewellers Private Limited | ₹7,038.53 Cr (FY 2025) | 20.0% | Chennai, Tamil Nadu, India | |||
| Opus Refinery Private Limited | ₹6,950.3 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Nakshatra World Limited | ₹6,135.84 Cr (FY 2016) | 33.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ideal Fiscal Services Ltd, buy the company report.
Charges & borrowings
Open charges
₹54.16 Cr
Satisfied charges
₹50 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2024 | 101004434 | Others | ₹1.6 Cr | Open | |
| 23 Oct 2024 | 101005319 | Others | ₹2.56 Cr | Open | |
| 18 Jul 2022 | 100602908 | Others | ₹50 Cr | Open | |
| 21 Jun 2022 | 100594765 | Yes Bank Limited | ₹50 Cr | Satisfied |
To see the full charge records of Ideal Fiscal Services Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Ideal Fiscal Services Ltd 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 Ideal Fiscal Services Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ideal Fiscal Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACI3656B2ZV | Rajasthan | Active | 31 Jul 2021 |
To see the full GST registrations and return filing status of Ideal Fiscal Services Ltd, buy the company report.
Recent activity
Ideal Fiscal Services Ltd has 22 board changes on record since 2010: 6 appointments and 16 cessations. The latest: Nishant Tolchand Ranka was appointed as Director on 23 Jun 2025.
AGM
Ideal Fiscal Services Ltd last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records.
Appointed
Nishant Tolchand Ranka was appointed as Director.
Filing
Ideal Fiscal Services Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Others amounted to Rs. 160.00 Lakh with Charge ID 101004434 was registered on 25 Oct 2024.
Charges
A charge with Others amounted to Rs. 256.00 Lakh with Charge ID 101005319 was registered on 23 Oct 2024.
Ceased
Narendra Champalal Jain ceased to be Additional Director.
Ceased
Sanket Bohra ceased to be Additional Director.
Appointed
Sanket Bohra was appointed as Director.
Charges
A charge registered on 21 Jun 2022 via Charge ID 100594765 with Yes Bank Limited was fully satisfied on 12 Dec 2023.
Ceased
Praveenchand Mohnot ceased to be Additional Director.
Ceased
Priya Amit Solanki ceased to be Additional Director.
Appointed
Praveenchand Mohnot was appointed as Director.
19 earlier events are in the company report.
Frequently asked questions
Ideal Fiscal Services is an active public limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 February 1995 (31+ years old) and is registered under CIN U46498RJ1995PLC034694.
Ideal Fiscal Services has 6 current directors:
- Priya Amit Solanki - Director
- Nishant Tolchand Ranka - Director
- Praveenchand Mohnot - Director
- Mahendra Kumar Nemichand Bafna - Director
- Ketan Bhawarlal Kothari - Director
- Sanket Bohra - Director
The latest financial statements of Ideal Fiscal Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ideal Fiscal Services is 08AAACI3656B2ZV, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ideal Fiscal Services is U46498RJ1995PLC034694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Fiscal Services was incorporated on 23 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ideal Fiscal Services by revenue are Shree Ramkrishna Exports Private Limited, Emerald Jewel Industry India Limited, Hari Krishna Exports Private Limited, Mohanlal Jewellers Private Limited, Opus Refinery Private Limited and 1 more, 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).
Nishant Tolchand Ranka was appointed as Director on 23 Jun 2025. Narendra Champalal Jain ceased to be Additional Director on 25 Sep 2024. Sanket Bohra ceased to be Additional Director on 25 Sep 2024. Ideal Fiscal Services has 22 board changes on record in total.
Ideal Fiscal Services can be reached through the website augmont.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Ideal Fiscal Services is at Plot No. H 169 – 170 SEZ II RIICO Industrial Area Sitapur, Jaipur, Rajasthan, India – 302022.
Ideal Fiscal Services operates in the consumer goods industry, in the watches and jewelry manufacturing segment.