
Ingenious Carbon Private Limited
About Ingenious Carbon Private Limited
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Ingenious Carbon Private Limited is a private limited company based in Palsana, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 08 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2019PTC110725. Its GSTIN is 24AAFCI4614Q1ZA (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹9 Cr. It is led by directors including Malini Ashishkumar Sisodia and Sanjaybhai Balubhai Bhadani.
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 Palsana, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.11 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹11.91 Cr (net margin -19.2%) and EBITDA of ₹20.83 Cr (EBITDA margin 33.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 546% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52 Cr on record. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.99 Cr; the latest was in January 2021. Its 5 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, 3 larger and 2 smaller; the largest is Anubhav Gems Private Limited with revenue of ₹62.51 Cr.
Company details
Contact details
Ingenious Carbon Private Limited's registered office is in Palsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No.24/2 Plot No.3 – A, 1st Floor & 2nd Floor Moje Vareli, Palsana, Gujarat, India – 394327
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Ingenious Carbon 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 Ingenious Carbon 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 Ingenious Carbon Private Limited, buy the company report.
Financials of Ingenious Carbon Private Limited
FY 2025 filings availableIngenious Carbon Private Limited reported revenue of ₹62.11 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 546%. EBITDA fell 20% 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 | ₹20.83 Cr | ||||
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| Net Profit (PAT) | -₹11.91 Cr | ||||
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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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| EBITDA Margin | 33.5% | ||||
| Net Profit Margin | -19.2% | ||||
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To see the full financial statements and ratios of Ingenious Carbon Private Limited, buy the company report.
Board of directors of Ingenious Carbon Private Limited
Ingenious Carbon has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malini Ashishkumar Sisodia Also directs: Jenil Diamond LLP, Ams Simc India Private Limited, Ams Worldwide Private Limited and 1 more | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
| Sanjaybhai Balubhai Bhadani | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
| Abhishek Jayeshkumar Mistry | Director | 06 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Ingenious Carbon Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Anubhav Gems Private Limited | ₹62.51 Cr (FY 2025) | -41.0% | Jaipur, Rajasthan, India | |||
| Ultimate Creation Private Limited | ₹62.51 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Vishwas Jewels Private Limited | ₹62.29 Cr (FY 2025) | 70.0% | Bangalore, Karnataka, India | |||
| Ingenious Carbon Private Limitedthis company | ₹62.11 Cr (FY 2025) | -₹11.91 Cr | -19.2% | -4.0% | 11 | Palsana, Gujarat, India |
| Dhanani Diamonds Private Limited | ₹62.1 Cr (FY 2025) | 214.0% | Mumbai, Maharashtra, India | |||
| Trinity Gems Private Limited | ₹61.39 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ingenious Carbon Private Limited, buy the company report.
Auditor
Ingenious Carbon Private Limited is audited by DSI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSI & CO. | FY 2023 | 127226W |
Shareholding
The shareholding of Ingenious Carbon Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ingenious Carbon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2021 | 100414873 | Others | ₹52 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Ingenious Carbon Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.99 Cr; the latest was in January 2021.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Funding round | ₹1.99 Cr | Investors: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Ingenious Carbon 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
No court or tribunal cases involving Ingenious Carbon 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 Ingenious Carbon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ingenious Carbon Private Limited has a workforce of 11 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Ingenious Carbon has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI4614Q1ZA | Gujarat | Active | 27 Dec 2019 |
To see the full GST registrations and return filing status of Ingenious Carbon Private Limited, buy the company report.
Recent activity
Ingenious Carbon Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Abhishek Jayeshkumar Mistry was appointed as Director on 06 Sep 2023.
Frequently asked questions
Ingenious Carbon is an active private limited company based in Palsana, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 08 November 2019 (7+ years old) and is registered under CIN U36999GJ2019PTC110725.
Ingenious Carbon has 3 current directors:
- Malini Ashishkumar Sisodia - Director
- Sanjaybhai Balubhai Bhadani - Director
- Abhishek Jayeshkumar Mistry - Director
The latest financial statements of Ingenious Carbon 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 FY 2020 are in the company report.
The GSTIN of Ingenious Carbon is 24AAFCI4614Q1ZA, registered in Gujarat. 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 Ingenious Carbon is U36999GJ2019PTC110725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ingenious Carbon was incorporated on 08 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ingenious Carbon has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹8.99 Cr; the latest was in January 2021.
The peers of Ingenious Carbon by revenue are Anubhav Gems Private Limited, Ultimate Creation Private Limited, Vishwas Jewels Private Limited, Dhanani Diamonds Private Limited, Trinity Gems 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).
Abhishek Jayeshkumar Mistry was appointed as Director on 06 Sep 2023. Malini Ashishkumar Sisodia was appointed as Director on 08 Nov 2019. Sanjaybhai Balubhai Bhadani was appointed as Director on 08 Nov 2019.
The registered office of Ingenious Carbon is at Block No.242 Plot No.3 – A, 1st Floor & 2nd Floor Moje Vareli, Palsana, Gujarat, India – 394327.
Ingenious Carbon operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

