MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0181100
Kiros Creations Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.91 Lakh
▲ 50% YoY
Net loss · FY 2025
₹1.35 Cr
Net margin -229.4%
EBITDA · FY 2025
-₹79.98 Lakh
EBITDA margin -135.8%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹70.8 Lakh
Issued & subscribed
Open charges
₹90 Cr
Satisfied ₹73.52 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
1
Provident fund records
About Kiros Creations Private Limited
Data last updated:
Kiros Creations 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 27 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH1990PTC059592. Its GSTIN is 27AAACK4612M2ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹70.8 Lakh. It was formerly known as Erstwhile Nicejewellery Private Limited and Kgk Jewellery Private Limited. It is led by directors Shyam Sunder Pareek and Sarvesh Kuldeep Dangi.
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 5th Floor Kgk Tower Dattapada Road Rajendra Nagar Near Ekta Bhoomi Garden Borivali (East), Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.91 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -229.4%) and EBITDA of -₹79.98 Lakh (EBITDA margin -135.8%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 14% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹90 Cr and satisfied charges of ₹73.52 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Kiros Creations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0181100). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kgkgroup.com.
Company Details of Kiros Creations Private Limited
CIN U36911MH1990PTC059592
Registration Number 059592
Incorporation Date 27 December 1990
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-18-0181100
Name History of Kiros Creations Private Limited
Kiros Creations has undergone 2 name changes throughout its history. The company was previously known as Erstwhile Nicejewellery Private Limited, and Kgk Jewellery Private Limited. The current legal name is Kiros Creations Private Limited.
| Company Name | Status |
|---|---|
| Kiros Creations Private Limited | Current |
| Erstwhile Nicejewellery Private Limited | Previous |
| Kgk Jewellery Private Limited | Previous |
Recognitions & Rankings of Kiros Creations
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address5th Floor Kgk Tower Dattapada Road Rajendra Nagar Near Ekta Bhoomi Garden Borivali (East), Mumbai, Maharashtra, India – 400066
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
Comprehensive company report
Kiros Creations 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Kiros Creations Private Limited FY 2025 filings available
Kiros Creations Private Limited reported revenue of ₹58.91 Lakh (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹58.91 Lakh ▲ 50%
Net loss · FY 2025
₹1.35 Cr margin -229.4%
EBITDA · FY 2025
-₹79.98 Lakh margin -135.8%
Compounded Annual Growth Rate (CAGR) of Kiros Creations Private Limited
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 46%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 487%
3 years · compounded
▼ 103%
5 years · compounded
▼ 96%
Revenue rose 50% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 487% 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 Kiros Creations Private Limited
| 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 | -₹79.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.35 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 of Kiros Creations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -135.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -229.4% | •••• | •••• | •••• | •••• |
| 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 Kiros Creations are in the company report.
Premium access
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.
Board of Directors of Kiros Creations Private Limited
Kiros Creations has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Pareek Also directs: KGK Dia Processing Private Limited, KGK Constructions LLP, KGK Designers LLP and 5 more | Director | 12 Jul 2017 | 9 Years 3 Months | Current |
| Sarvesh Kuldeep Dangi | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
Peer Comparison of Kiros Creations Private Limited
Kiros Creations Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asr Jewels Private Limited | ₹59.65 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Jewelkart Private Limited | ₹59.36 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
| Jasmine Design Private Limited | ₹59.3 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Jaipur, Rajasthan, India |
| Mikala Silver Export Private Limited | ₹59.23 Lakh (FY 2025) | •••• | •••• | 48.0% | •••• | Jaipur, Rajasthan, India |
| Bardiya Trading Company Private Limited | ₹59.09 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Jaipur, Rajasthan, India |
| Kiros Creations Private Limited this company | ₹58.91 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Namo Balaji Gems and Diamonds Private Limited | ₹58.87 Lakh (FY 2021) | •••• | •••• | -54.0% | •••• | Hyderabad, Telangana, India |
| R. P. J. Jewellers Private Limited | ₹58.65 Lakh (FY 2024) | •••• | •••• | -58.0% | •••• | Agra, Uttar Pradesh, India |
| Vijay Jewellers Private Limited | ₹58.33 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Constar Jewels Private Limited | ₹58.3 Lakh (FY 2024) | •••• | •••• | 55.0% | •••• | Mumbai, Maharashtra, India |
| En Inde Lifestyle Products Private Limited | ₹58.23 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Kiros Creations by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 Kiros Creations Private Limited
Kiros Creations Private Limited is audited by B D JOKHAKAR & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B D JOKHAKAR & CO | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Kiros Creations Private Limited
Premium access
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 Kiros Creations Private Limited
Open charges
₹90 Cr
Satisfied charges
₹73.52 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Others | ₹90 Cr | Open |
| 04 Jun 2021 | Others | ₹1.67 Cr | Satisfied |
| 26 Nov 2019 | Others | ₹16.5 Cr | Satisfied |
| 19 Sep 2014 | Ing Vysya Bank Limited | ₹27 Cr | Satisfied |
| 29 Jan 2007 | The Royal Bank of Scotland N. V. | ₹20 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Kiros Creations Private Limited
Kiros Creations Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax -8 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner Income Tax, City-8, Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Incopme-Tax,City-8,Mum | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by Commissioner Income Tax-8, Mumbai | Disposed |
Premium access
Full case history
All 4 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 Kiros Creations Private Limited
Kiros Creations Private Limited has a workforce of 1 employees as of Apr 06, 2024.
Employee count
1
Active EPFO establishments
1
Premium access
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.
Group Structure of Kiros Creations Private Limited
Kiros Creations has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Joint ventures
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Kothari Jewels Private Limited | U36100MH1996PTC097551 | Locked |
| Decades Estates Private Limited | U70101MH2011PTC219214 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Kiros Creations Private Limited
Kiros Creations Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Shyam Sunder Pareek ceased to be Additional Director on 28 Sep 2017.
AGM
Kiros Creations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Kiros Creations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 90.00 Cr with Charge ID 100788037 was registered on 27 Sep 2023.
Charges
A charge registered on 04 Jun 2021 via Charge ID 100450818 with Others was fully satisfied on 07 Sep 2023.
Charges
A charge registered on 26 Nov 2019 via Charge ID 100305132 with Others was fully satisfied on 07 Sep 2023.
Charges
A charge with Others amounted to Rs. 1.67 Cr with Charge ID 100450818 was registered on 04 Jun 2021.
Charges
A charge with Others of Rs. 16.50 Cr registered on 26 Nov 2019 with Charge ID 100305132 was modified on 26 Mar 2021.
Charges
A charge with Others amounted to Rs. 16.50 Cr with Charge ID 100305132 was registered on 26 Nov 2019.
Charges
A charge registered on 19 Sep 2014 via Charge ID 10526332 with Ing Vysya Bank Limited was fully satisfied on 27 Aug 2018.
Ceased
Shyam Sunder Pareek ceased to be Additional Director.
Ceased
Rajkumar Kishanlal Munot ceased to be Director.
Appointed
Shyam Sunder Pareek was appointed as Director.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kiros Creations Private Limited
Premium access
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 Kiros Creations Private Limited
Premium access
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 Kiros Creations Private Limited
Premium access
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 Kiros Creations Private Limited
Kiros Creations has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK4612M2ZG | Maharashtra | Active | 21 Sep 2017 |
Premium access
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 Kiros Creations Private Limited
Premium access
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 Kiros Creations Private Limited
Kiros Creations 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 27 December 1990 (36+ years old) and is registered under CIN U36911MH1990PTC059592.
Kiros Creations reported revenue of ₹58.91 Lakh for FY 2025 (up 50% YoY).
Kiros Creations has 2 current directors:
- Shyam Sunder Pareek - Director
- Sarvesh Kuldeep Dangi - Director
Kiros Creations reported a net loss of ₹1.35 Cr (net margin -229.4%) and EBITDA of -₹79.98 Lakh (EBITDA margin -135.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kiros Creations is 46% over three years and -14% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kiros Creations is 27AAACK4612M2ZG, registered in Maharashtra. 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 Kiros Creations is U36911MH1990PTC059592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kiros Creations has 4 court cases on record: 4 filed against it. 1 is pending.
Kiros Creations was incorporated on 27 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kiros Creations by revenue are Asr Jewels Private Limited, Jewelkart Private Limited, Jasmine Design Private Limited, Mikala Silver Export Private Limited, Bardiya Trading Company Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Shyam Sunder Pareek ceased to be Additional Director on 28 Sep 2017. Rajkumar Kishanlal Munot ceased to be Director on 12 Jul 2017. Shyam Sunder Pareek was appointed as Director on 12 Jul 2017. Kiros Creations has 8 board changes on record in total.