Ishta Industries Private Limited
About Ishta Industries Private Limited
Data last updated:
Ishta Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 11 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2012PTC065859. Its GSTIN is 29AADCI0383E1ZP (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Krishna Bagaria (Managing Director) and Shweta Bagaria.
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 Ishta House 284/8 Garvebhavi Palya NH – 7 12th K M Housur Road, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.29 Cr. For the same year it recorded a net profit of ₹9.88 Lakh (net margin 1.4%) and EBITDA of ₹27.69 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹5.35 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressIshta House 284/8 Garvebhavi Palya NH – 7 12th K M Housur Road, Bangalore, Karnataka, India – 560068
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Ishta Industries Private Limited
The main business activity of Ishta Industries is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ishta Industries Private Limited FY 2025 filings available
Ishta Industries Private Limited reported revenue of ₹7.29 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ishta Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years. EBITDA fell 24% 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 of Ishta Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹27.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.88 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 of Ishta Industries Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ishta Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ishta Industries Private Limited
Ishta Industries Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K.Dularey Jewellers Private Limited | ₹7.37 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Kanpur, Uttar Pradesh, India |
| Devkar Gems & Jewellers Private Limited | ₹7.33 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
| Navin Syntex Private Limited | ₹7.33 Cr (FY 2024) | •••• | •••• | -67.0% | •••• | Ahmedabad, Gujarat, India |
| S.S. Ornaments & Jewels Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Rohtak, Haryana, India |
| Devdarshan Diamonds Private Limited | ₹7.29 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Surat, Gujarat, India |
| Ishta Industries Private Limited this company | ₹7.29 Cr (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Lentils Bazaar Private Limited | ₹7.24 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Indore, Madhya Pradesh, India |
| Nutrend Lifestyles Private Limited | ₹7.23 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Rajra Jewellers Private Limited | ₹7.22 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Delhi, India |
| Gem Exports Pvt Ltd | ₹7.22 Cr (FY 2023) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Efan Gold Private Limited | ₹7.21 Cr (FY 2020) | •••• | •••• | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ishta Industries by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ishta Industries Private Limited
Ishta Industries Private Limited is audited by R K TANTRY & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K TANTRY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ishta Industries Private Limited
Ishta Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Krishna Bagaria | Managing Director | 11 Sep 2012 | 14 Years 0 Months | Current |
| Shweta Bagaria Also directs: Magical Technologies (India) Private Limited., Heritage Structures Private Limited, Sea Horse Vanijya Private Limited and 1 more | Director | 11 Sep 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Ishta Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ishta Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2021 | Others | ₹2.66 Cr | Satisfied |
| 27 Jun 2014 | Indian Overseas Bank | ₹2.69 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Ishta Industries Private Limited
Ishta Industries Private Limited has 2 court cases on record: 2 filed by Ishta Industries. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Alm Metals and Alloys Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Alm Metals and Alloys Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ishta Industries Private Limited
Employment history and EPFO contributions of people linked to Ishta Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ishta Industries Private Limited
Ishta Industries Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Sandeep Krishna Bagaria ceased to be Director on 01 Apr 2015.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ishta Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ishta Industries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ishta Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ishta Industries Private Limited
Ishta Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI0383E1ZP | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ishta Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ishta Industries Private Limited
Ishta Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 11 September 2012 (14+ years old) and is registered under CIN U29253KA2012PTC065859.
Ishta Industries reported revenue of ₹7.29 Cr for FY 2024.
Ishta Industries has 2 current directors:
- Sandeep Krishna Bagaria - Managing Director
- Shweta Bagaria - Director
Ishta Industries reported a net profit of ₹9.88 Lakh (net margin 1.4%) and EBITDA of ₹27.69 Lakh (EBITDA margin 3.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ishta Industries is -4% over three years and 5% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ishta Industries is 29AADCI0383E1ZP, registered in Karnataka. 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 Ishta Industries is U29253KA2012PTC065859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishta Industries has 2 court cases on record: 2 filed by the company. 1 is pending.
Ishta Industries was incorporated on 11 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ishta Industries by revenue are K.Dularey Jewellers Private Limited, Devkar Gems & Jewellers Private Limited, Navin Syntex Private Limited, S.S. Ornaments & Jewels Private Limited, Devdarshan Diamonds Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Sandeep Krishna Bagaria ceased to be Director on 01 Apr 2015. Shweta Bagaria ceased to be Managing Director on 01 Apr 2015. Sandeep Krishna Bagaria was appointed as Managing Director on 11 Sep 2012. Ishta Industries has 4 board changes on record in total.