MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0122899
Mahi Jewels Private Limited
Mahi Jewels Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹31.18 Cr
▲ 11% YoY
Net profit · FY 2024
₹30.77 Lakh
Net margin 1%
EBITDA · FY 2024
₹92.15 Lakh
EBITDA margin 3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.75 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Mahi Jewels Private Limited
Data last updated:
Mahi Jewels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 23 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC230076. Its GSTIN is 27AAHCM8894Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharat Sankalchand Jain and Pushpa Bharat Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 2 & 3 1st Floor 163/165 Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.18 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹30.77 Lakh (net margin 1%) and EBITDA of ₹92.15 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹2.75 Cr on record.
Mahi Jewels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0122899). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74900MH2012PTC230076
Registration Number 230076
Incorporation Date 23 April 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0122899
Recognitions & Rankings of Mahi Jewels
Contact details
Mahi Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 2 & 3 1st Floor 163/165 Zaveri Bazar, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Mahi Jewels Private Limited, buy the company report.
Comprehensive company report
Mahi Jewels 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mahi Jewels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahi Jewels Private Limited, buy the company report.
Financials of Mahi Jewels Private Limited
FY 2024 filings availableMahi Jewels Private Limited reported revenue of ₹31.18 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹31.18 Cr ▲ 11%
Net profit · FY 2024
₹30.77 Lakh margin 1%
EBITDA · FY 2024
₹92.15 Lakh margin 3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 34%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 35%
5 years · compounded
▲ 78%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 11% growth in the latest year. EBITDA rose 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹92.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.77 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mahi Jewels Private Limited, buy the company report.
Board of directors of Mahi Jewels Private Limited
Mahi Jewels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Sankalchand Jain | Director | 23 Apr 2012 | 14 Years 6 Months | Current |
| Pushpa Bharat Jain | Director | 23 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Mahi Jewels Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navkar Diamonds Private Limited | ₹31.36 Cr (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Shreenathji Luxury Impex Private Limited | ₹31.28 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Mahi Jewels Private Limitedthis company | ₹31.18 Cr (FY 2024) | ₹30.77 Lakh | 1% | 11.0% | Mumbai, Maharashtra, India | |
| Sepa Jewels Private Limited | ₹30.98 Cr (FY 2025) | 22.0% | Vadodara, Gujarat, India | |||
| Emaar Diamonds Private Limited | ₹30.89 Cr (FY 2025) | -28.0% | Mumbai, Maharashtra, India | |||
| Kohinoor Gems Private Limited | ₹30.87 Cr (FY 2024) | -20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mahi Jewels Private Limited, buy the company report.
Auditor
Mahi Jewels Private Limited is audited by N. SEMLANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. SEMLANI & ASSOCIATES | FY 2023 | 047360 |
Shareholding
The shareholding of Mahi Jewels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahi Jewels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2022 | 100587880 | Others | ₹2.75 Cr | Open |
To see the full charge records of Mahi Jewels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mahi Jewels 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 Mahi Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahi Jewels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM8894Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahi Jewels Private Limited, buy the company report.
Recent activity
Mahi Jewels Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Bharat Sankalchand Jain was appointed as Director on 23 Apr 2012.
AGM
Mahi Jewels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mahi Jewels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 275.00 Lakh registered on 21 Jun 2022 with Charge ID 100587880 was modified on 29 Sep 2023.
Charges
A charge with Others amounted to Rs. 275.00 Lakh with Charge ID 100587880 was registered on 21 Jun 2022.
Appointed
Bharat Sankalchand Jain was appointed as Director.
Appointed
Pushpa Bharat Jain was appointed as Director.
Incorporation
23 Apr 2012
Mahi Jewels Private Limited was registered on 23 Apr 2012 with Roc Mumbai & aged 14 years 6 months as per MCA records.
Frequently asked questions
Mahi Jewels is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 23 April 2012 (14+ years old) and is registered under CIN U74900MH2012PTC230076.
Mahi Jewels has 2 current directors:
- Bharat Sankalchand Jain - Director
- Pushpa Bharat Jain - Director
The latest financial statements of Mahi Jewels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahi Jewels is 27AAHCM8894Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahi Jewels is U74900MH2012PTC230076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahi Jewels was incorporated on 23 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahi Jewels by revenue are Navkar Diamonds Private Limited, Shreenathji Luxury Impex Private Limited, Sepa Jewels Private Limited, Emaar Diamonds Private Limited, Kohinoor Gems Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Bharat Sankalchand Jain was appointed as Director on 23 Apr 2012. Pushpa Bharat Jain was appointed as Director on 23 Apr 2012.
Yes, Mahi Jewels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0122899).
The registered office of Mahi Jewels is at Shop No. 2 & 3 1st Floor 163165 Zaveri Bazar, Mumbai, Maharashtra, India – 400002.
Mahi Jewels operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.