Krishvi Gems Private Limited
About Krishvi Gems Private Limited
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Krishvi Gems Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 25 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17300GJ2019PTC110553. Its GSTIN is 24AAHCK8517E1ZL (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.01 Lakh. It is led by directors Rameshbhai Manjibhai Mangukiya and Bhargav Rameshbhai Mangukiya.
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 Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹322.42 Cr, a growth of 131% compared to the previous year. For the same year it recorded a net profit of ₹15.82 Cr (net margin 4.9%) and EBITDA of ₹20.79 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 333% over three years.
As per MCA filings, the company has open charges of ₹25.76 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Company details
Contact details
Krishvi Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Plot – 1 Sy No – 309 Tps – 3 Mangukiya Empire Nr Kasa Nagar Vasta Devi Road, Katargam, Surat, Gujarat, India – 395004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Krishvi Gems 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
Financials of Krishvi Gems Private Limited
FY 2025 filings availableKrishvi Gems Private Limited reported revenue of ₹322.42 Cr (up 131% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 333% over three years, including 131% growth in the latest year. EBITDA rose 61% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹322.42 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹20.79 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹15.82 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.4% | |||
| Net Profit Margin | 4.9% | |||
| 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 Krishvi Gems Private Limited, buy the company report.
Board of directors of Krishvi Gems Private Limited
Krishvi Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Manjibhai Mangukiya Also directs: Ridrim Pharmaceutical Private Limited | Director | 18 Oct 2022 | 4 Years 0 Months | Current |
| Bhargav Rameshbhai Mangukiya | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Krishvi Gems Private Limited is audited by SBMG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBMG & CO. | FY 2023 | 127756W |
Shareholding
The shareholding of Krishvi Gems 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 Krishvi Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2021 | 100427861 | Others | ₹25.76 Cr | Open |
To see the full charge records of Krishvi Gems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Krishvi Gems Private Limited has 2 court cases on record: 2 filed by Krishvi Gems. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Krishvi Gems 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Krishvi Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Krishvi Gems has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCK8517E1ZL | Gujarat | Active | 05 Nov 2019 |
| 24AAHCK8517E2ZK | Gujarat | Active | 29 May 2025 |
| 27AAHCK8517E1ZF | Maharashtra | Active | 24 Sep 2020 |
To see the full GST registrations and return filing status of Krishvi Gems Private Limited, buy the company report.
Recent activity
Krishvi Gems Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Kapil Rameshbhai Mangukiya ceased to be Director on 18 Oct 2022.
Frequently asked questions
Krishvi Gems is an active private limited company based in Surat, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 25 October 2019 (7+ years old) and is registered under CIN U17300GJ2019PTC110553.
Krishvi Gems has 2 current directors:
- Rameshbhai Manjibhai Mangukiya - Director
- Bhargav Rameshbhai Mangukiya - Director
The latest financial statements of Krishvi Gems 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 Krishvi Gems is 24AAHCK8517E1ZL, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAHCK8517E2ZK (Gujarat), 27AAHCK8517E1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Krishvi Gems is U17300GJ2019PTC110553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishvi Gems has 2 court cases on record: 2 filed by the company. 2 are pending.
Krishvi Gems was incorporated on 25 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kapil Rameshbhai Mangukiya ceased to be Director on 18 Oct 2022. Rameshbhai Manjibhai Mangukiya was appointed as Director on 18 Oct 2022. Bhargav Rameshbhai Mangukiya was appointed as Director on 25 Oct 2019. Krishvi Gems has 4 board changes on record in total.
The registered office of Krishvi Gems is at 2nd Floor Plot – 1 Sy No – 309 Tps – 3 Mangukiya Empire Nr Kasa Nagar Vasta Devi Road, Katargam, Surat, Gujarat, India – 395004.
Krishvi Gems operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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