- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0049615

About Mayur Chains Private Limited
Data last updated:
Mayur Chains 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 05 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2010PTC201643. Its GSTIN is 27AAGCM4635A1ZR (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahavir Prasad Lalchand Sancheti (Managing Director) and Leela Sancheti.
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 13 2nd Agayari Lane Bldg Shop No.4 1st Floor, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.23 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹59.3 Lakh (net margin 1.1%) and EBITDA of ₹1.7 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 50% over five years.
The company is associated with 1 brand: Mayur Chains. As per MCA filings, the company has open charges of ₹3.45 Cr on record.
Mayur Chains Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049615). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mayurchains.com.
Company details
Recognitions & Rankings of Mayur Chains
Contact details
Mayur Chains Private Limited's registered office is in Mumbai, Maharashtra. Its website is mayurchains.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13 2nd Agayari Lane Bldg Shop No.4 1st Floor, Mumbai, Maharashtra, India – 400003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Mayur Chains 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
Brands
Mayur Chains operates one associated brand: Mayur Chains. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wholesaling of gold chains and accessories in Mumbai. | mayurchains.com |
Business activity
The main business activity of Mayur Chains 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 Mayur Chains Private Limited, buy the company report.
Financials of Mayur Chains Private Limited
FY 2025 filings availableMayur Chains Private Limited reported revenue of ₹56.23 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 1% growth in the latest year. EBITDA rose 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹59.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Mayur Chains Private Limited, buy the company report.
Board of directors of Mayur Chains Private Limited
Mayur Chains has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahavir Prasad Lalchand Sancheti | Managing Director | 05 Apr 2010 | 16 Years 7 Months | Current |
| Leela Sancheti | Director | 05 Apr 2010 | 16 Years 7 Months | Current |
Peer comparison
Mayur Chains Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Jewel India Private Limited | ₹56.98 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Bhargovi Gems Private Limited | ₹56.83 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Mayur Chains Private Limitedthis company | ₹56.23 Cr (FY 2025) | ₹59.3 Lakh | 1.1% | 1.0% | Mumbai, Maharashtra, India | |
| Navrithi Jewels Private Limited | ₹56.02 Cr (FY 2025) | 96.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mayur Chains Private Limited, buy the company report.
Auditor
Mayur Chains Private Limited is audited by R A M P & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A M P & ASSOCIATES | FY 2022 | 108531W |
Shareholding
The shareholding of Mayur Chains Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mayur Chains Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2017 | 100160162 | Others | ₹3.45 Cr | Open |
To see the full charge records of Mayur Chains Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mayur Chains 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 Mayur Chains Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mayur Chains has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM4635A1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mayur Chains Private Limited, buy the company report.
Recent activity
Mayur Chains Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Leela Sancheti was appointed as Director on 05 Apr 2010.
Frequently asked questions
Mayur Chains 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 05 April 2010 (16+ years old) and is registered under CIN U27310MH2010PTC201643.
Mayur Chains has 2 current directors:
- Mahavir Prasad Lalchand Sancheti - Managing Director
- Leela Sancheti - Director
The latest financial statements of Mayur Chains 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 2015 are in the company report.
The GSTIN of Mayur Chains is 27AAGCM4635A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mayur Chains is U27310MH2010PTC201643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayur Chains was incorporated on 05 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mayur Chains by revenue are Jewel India Private Limited, Bhargovi Gems Private Limited, Navrithi Jewels Private Limited, 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).
Leela Sancheti was appointed as Director on 05 Apr 2010. Mahavir Prasad Lalchand Sancheti was appointed as Managing Director on 05 Apr 2010.
Yes, Mayur Chains is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0049615).
Mayur Chains can be reached through the website mayurchains.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mayur Chains is at 13 2nd Agayari Lane Bldg Shop No.4 1st Floor, Mumbai, Maharashtra, India – 400003.

