Indera Jewels Private Limited

Indera Jewels Private Limited - consumer goods in Sundargarh, Odisha, India. FY 2026 financials & compliance.
CIN U27104OR2004PTC007796 Incorporated 27 September 2004 ROC Cuttack HQ Sundargarh, Odisha, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2025
₹141.04 Cr
▲ 12% YoY
Net profit · FY 2025
₹1.6 Cr
Net margin 1.1%
EBITDA · FY 2025
₹5.82 Cr
EBITDA margin 4.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹97 Lakh
Issued & subscribed
Open charges
₹47.59 Cr
Satisfied ₹26.78 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
29
Provident fund records

About Indera Jewels Private Limited

Data last updated:

Indera Jewels Private Limited is a private limited company based in Sundargarh, Odisha, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 27 September 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27104OR2004PTC007796. Its GSTIN is 21AACCV1330M1ZN (Odisha).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹97 Lakh. It was formerly known as Veerman Steels Private Limited. It is led by directors including Manjit Singh (Managing Director) and Malinder Kaur.

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 Keshar Bhawan Main Roadrourkela, Sundargarh, Odisha, India – 769001.

As per the financials filed for FY 2025, the company reported a revenue of ₹141.04 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 1.1%) and EBITDA of ₹5.82 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.

The company has about 29 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹47.59 Cr and satisfied charges of ₹26.78 Cr on record. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.2 Cr; the latest was in March 2011. Its 3 peer companies in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 3 smaller; the largest is MP Saraf and SD Saraf Services Private Limited with revenue of ₹140.35 Cr.

Indera Jewels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-30-0001461). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U27104OR2004PTC007796
Registration Number 007796
Incorporation Date 27 September 2004
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-30-0001461
Key People
Manjit Singh Managing Director Malinder Kaur Director Bishen Singh Director

Recognitions & Rankings of Indera Jewels

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-OD-30-0001461

Contact details

Indera Jewels Private Limited's registered office is in Sundargarh, Odisha. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Keshar Bhawan Main Roadrourkela, Sundargarh, Odisha, India – 769001
  • Industry
    Consumer Goods, Jewelry & Gemstone Retail & Distribution

To see the full contact details of Indera Jewels Private Limited, buy the company report.

Comprehensive company report
Indera Jewels Private Limited - 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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Business activity

The main business activity of Indera Jewels is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Indera Jewels Private Limited, buy the company report.

Financials of Indera Jewels Private Limited

FY 2025 filings available

Indera Jewels Private Limited reported revenue of ₹141.04 Cr (up 12% YoY) for FY 2025.

Revenue · FY 2025
₹141.04 Cr ▲ 12%
Net profit · FY 2025
₹1.6 Cr margin 1.1%
EBITDA · FY 2025
₹5.82 Cr margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 17%
5 years · compounded
▲ 17%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 12% growth in the latest year. EBITDA rose 8% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.82 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.6 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.1%
Net Profit Margin1.1%
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 Indera Jewels Private Limited, buy the company report.

Board of directors of Indera Jewels Private Limited

Indera Jewels has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Manjit Singh
Also directs: Indera Ethnics and Designs Private Limited, Indera Enterprises Private Limited, Indera Trade & Commerce Private Limited
Managing Director27 Sep 200422 Years 1 MonthsCurrent
Malinder Kaur
Also directs: Indera Enterprises Private Limited
Director27 Sep 200422 Years 1 MonthsCurrent
Bishen Singh
Also directs: Indera Ethnics and Designs Private Limited, Indera Enterprises Private Limited, Indera Trade & Commerce Private Limited
Director01 Feb 200521 Years 9 MonthsCurrent
View all directors

Peer comparison

Indera Jewels Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Indera Jewels Private Limitedthis company₹141.04 Cr (FY 2025)₹1.6 Cr1.1%12.0%29Sundargarh, Odisha, India
MP Saraf and SD Saraf Services Private Limited₹140.35 Cr (FY 2025)9.0%Kolkata, West Bengal, India
Kirtikunj Jewellers Private Limited₹138.96 Cr (FY 2025)97.0%Varanasi, Uttar Pradesh, India
Naveen Bullion Private Limited₹138.6 Cr (FY 2023)-57.0%Lashkar, Madhya Pradesh, India

To see the full peer comparison of Indera Jewels Private Limited, buy the company report.

Auditor

Indera Jewels Private Limited is audited by A. K. Tibrewal and Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A. K. Tibrewal and CoFY 2023314207E

Shareholding

The shareholding of Indera Jewels 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Indera Jewels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹47.59 Cr
Satisfied charges
₹26.78 Cr
Breakdown by lending institutions
State Bank of India₹46.54 Cr
Hdfc Bank Limited₹0.60 Cr
Others₹0.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 2024101018534Hdfc Bank Limited₹60 LakhOpen
30 Jun 2023100788595Others₹45 LakhOpen
24 Jan 2017100121013State Bank of India₹46.54 CrOpen
27 Jul 201310442852Tata Capital Financial Services Limited₹15.78 CrSatisfied
24 Jan 201110265837Axis Bank Limited₹6 CrSatisfied

To see the full charge records of Indera Jewels Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Indera Jewels Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.2 Cr; the latest was in March 2011.

Total deals
5
Funding rounds
4
Secondary share transfer
1
Disclosed funding
₹1.2 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2011Funding round₹25 LakhInvestors: 2 individuals
Jan 2011Funding round₹30 LakhInvestors: an individual
Mar 2010Funding round₹30 LakhInvestors: 2 individuals
Mar 2008Secondary share transferUndisclosedBuyer: an individual
Seller: Proctron Communication Private Limited, Arya Bhatt Sales Private Limited, Best Advisery Private Limited
Dec 2007Funding round₹35 LakhInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Indera Jewels Private Limited was last rated by Indiarating on 26 Jun 2018.

Rating agencyRated onRating
Indiarating26 Jun 2018

To see the full credit ratings and regulatory alerts of Indera Jewels Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Indera Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Indera Jewels Private Limited has a workforce of 29 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
29
Active EPFO establishments
1
Employee growth
3.57%

GST

Indera Jewels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AACCV1330M1ZNOdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Indera Jewels Private Limited, buy the company report.

Recent activity

Indera Jewels Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Bishen Singh was appointed as Director on 01 Feb 2005.

Charges
A charge with State Bank Of India of Rs. 46.54 Cr registered on 24 Jan 2017 with Charge ID 100121013 was modified on 03 Oct 2025.
AGM
Indera Jewels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indera Jewels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 101018534 was registered on 17 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 100788595 was registered on 30 Jun 2023.
Charges
A charge registered on 27 Jul 2013 via Charge ID 10442852 with Tata Capital Financial Services Limited was fully satisfied on 04 Sep 2018.
Charges
A charge with State Bank Of India amounted to Rs. 46.54 Cr with Charge ID 100121013 was registered on 24 Jan 2017.
Charges
A charge registered on 24 Jan 2011 via Charge ID 10265837 with Axis Bank Limited was fully satisfied on 24 Mar 2015.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 15.78 Cr registered on 27 Jul 2013 with Charge ID 10442852 was modified on 10 Feb 2015.
Charges
A charge with Axis Bank Limited of Rs. 6.00 Cr registered on 24 Jan 2011 with Charge ID 10265837 was modified on 04 Sep 2013.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 15.78 Cr with Charge ID 10442852 was registered on 27 Jul 2013.
Charges
A charge registered on 01 Jun 2007 via Charge ID 10057894 with Uco Bank was fully satisfied on 03 Feb 2011.

7 earlier events are in the company report.

Frequently asked questions

Indera Jewels is an active private limited company based in Sundargarh, Odisha, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 27 September 2004 (22+ years old) and is registered under CIN U27104OR2004PTC007796.

Indera Jewels has 3 current directors:

The latest financial statements of Indera Jewels 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 Indera Jewels is 21AACCV1330M1ZN, registered in Odisha.

The CIN (Corporate Identification Number) of Indera Jewels is U27104OR2004PTC007796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Indera Jewels was incorporated on 27 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Cuttack.

Indera Jewels has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.2 Cr; the latest was in March 2011.

The peers of Indera Jewels by revenue are MP Saraf and SD Saraf Services Private Limited, Kirtikunj Jewellers Private Limited, Naveen Bullion Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).

Bishen Singh was appointed as Director on 01 Feb 2005. Malinder Kaur was appointed as Director on 27 Sep 2004. Manjit Singh was appointed as Managing Director on 27 Sep 2004.

Yes, Indera Jewels is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-30-0001461).

The registered office of Indera Jewels is at Keshar Bhawan Main Roadrourkela, Sundargarh, Odisha, India – 769001.