- #1,174 Abhay R Jasani ₹2,100 Cr

About Jasani India Private Limited
Data last updated:
Jasani India 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 11 May 1973 and has been in existence for over 53 years.
Its director Abhay R Jasani is #1,174 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36900MH1973PTC016542. Its GSTIN is 27AAACU0081C1ZT (Maharashtra).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹14.3 Lakh. It was formerly known as Uni-Gem India Private Limited. It is led by directors including Abhay Ratilal Jasani and Shyam Abhay Jasani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,672.6 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹21.18 Cr (net margin 1.3%) and EBITDA of ₹61.31 Cr (EBITDA margin 3.7%).
The company has about 162 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹705.26 Cr and satisfied charges of ₹109.02 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2023. Its 6 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, 4 larger and 2 smaller; the largest is Payal Gold Private Limited with revenue of ₹1,726.18 Cr. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 699 overdue payments to 71 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jasanigroup.com.
Company details
Recognitions & Rankings of Jasani India
Contact details
Jasani India Private Limited's registered office is in Mumbai, Maharashtra. Its website is jasanigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHw 6010 Tower H 6th Floor Bharat Diamond Bourse, Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Jasani India 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 Jasani India 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 Jasani India Private Limited, buy the company report.
Financials of Jasani India Private Limited
FY 2025 filings availableJasani India Private Limited reported revenue of ₹1,672.6 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA fell 20% in the latest 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 |
|---|---|---|---|---|---|
| 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 | ₹61.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.18 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Jasani India Private Limited, buy the company report.
Board of directors of Jasani India Private Limited
Jasani India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Ratilal Jasani Also directs: Arj Jewels Private Limited, Shimay Properties Private Limited, Shrimad Rajchandra Sarvamangal Foundation and 1 more | Director | 11 May 1973 | 53 Years 5 Months | Current |
| Shyam Abhay Jasani Also directs: Clean Earth Jewels LLP, Supreme Gems Private Limited, Arj Jewels Private Limited and 1 more | Director | 16 Nov 1995 | 30 Years 11 Months | Current |
| Ameet Mugatlal Shah Also directs: Clean Earth Jewels LLP | Director | 07 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Jasani India Private Limited 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 |
|---|---|---|---|---|---|---|
| Payal Gold Private Limited | ₹1,726.18 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| JC Jewellers (Chennai) Private Limited | ₹1,718.67 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India | |||
| Hari Darshan Exports Private Limited | ₹1,702.9 Cr (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| Hari Prasad Gopi Krishna Saraf Private Limited | ₹1,674.12 Cr (FY 2025) | 20.0% | Gorakhpur, Uttar Pradesh, India | |||
| Jasani India Private Limitedthis company | ₹1,672.6 Cr (FY 2025) | ₹21.18 Cr | 1.3% | -12.0% | 162 | Mumbai, Maharashtra, India |
| Mehta Gold Private Limited | ₹1,502.36 Cr (FY 2025) | 45.0% | Bangalore, Karnataka, India | |||
| HVK International Private Limited | ₹1,477.1 Cr (FY 2025) | -34.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Jasani India Private Limited, buy the company report.
Auditor
Jasani India Private Limited is audited by D K P & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K P & Associates | FY 2023 | 126305W |
Shareholding
The shareholding of Jasani India 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 Jasani India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2023 | 100733739 | Others | ₹75.88 Cr | Open | |
| 31 Jul 2017 | 100118303 | Others | ₹65 Cr | Open | |
| 28 Apr 2015 | 10581381 | Yes Bank Limited | ₹85 Cr | Open | |
| 13 Mar 2015 | 10559454 | Indusind Bank Ltd. | ₹8.5 Cr | Open | |
| 30 Oct 2014 | 10537502 | Indusind Bank Ltd. | ₹50 Cr | Open |
To see the full charge records of Jasani India Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Jasani India Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Abhay R Jasani HUF |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jasani India Private Limited has 3 court cases on record: 3 filed by Jasani India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Notice cases) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Jasani India 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
Jasani India Private Limited was last rated by Crisil on 20 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Aug 2021 |
To see the full credit ratings and regulatory alerts of Jasani India Private Limited, buy the company report.
MSME payment delays
Jasani India Private Limited has 9 MSME Form 1 returns on record between 2020 and 2023, listing 699 overdue payments to 71 micro and small suppliers. 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 (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shyam Diam | |||
| Mishwa Gems | |||
| B.V.Chinai and Co. (India) Private Limited | |||
| D G Exports | |||
| Malca-Amit JK Logistics Private Limited |
To see the full MSME payment records of Jasani India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jasani India Private Limited has a workforce of 162 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Jasani India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU0081C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jasani India Private Limited, buy the company report.
Recent activity
Jasani India Private Limited has 9 board changes on record since 1973: 6 appointments and 3 cessations. The latest: Mukesh Kanaiyalal Shah ceased to be Director on 30 Sep 2023.
24 earlier events are in the company report.
Frequently asked questions
Jasani India 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 11 May 1973 (53+ years old) and is registered under CIN U36900MH1973PTC016542.
Jasani India has 3 current directors:
- Abhay Ratilal Jasani - Director
- Shyam Abhay Jasani - Director
- Ameet Mugatlal Shah - Director
The latest financial statements of Jasani India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Jasani India is 27AAACU0081C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Jasani India is U36900MH1973PTC016542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jasani India has 3 court cases on record: 3 filed by the company. Most are in the high courts.
Jasani India was incorporated on 11 May 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Jasani India has 4 deals on record (4 secondary share transfers); the latest was in March 2023.
The peers of Jasani India by revenue are Payal Gold Private Limited, JC Jewellers (Chennai) Private Limited, Hari Darshan Exports Private Limited, Hari Prasad Gopi Krishna Saraf Private Limited, Mehta Gold 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).
Mukesh Kanaiyalal Shah ceased to be Director on 30 Sep 2023. Ameet Mugatlal Shah was appointed as Director on 07 Jan 2014. Mridula Abhay Jasani ceased to be Director on 07 Jan 2014. Jasani India has 9 board changes on record in total.
Jasani India has 9 MSME Form 1 returns on record between 2020 and 2023, listing 699 overdue payments to 71 micro and small suppliers. The latest return was filed on 27 May 2024.
Jasani India can be reached through the website jasanigroup.com. Its registered office is in Mumbai, Maharashtra, India.

