MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0185688
MJR Silver Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.22 Cr
▲ 51% YoY
Net profit · FY 2025
₹61.3 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹2 Cr
EBITDA margin 5.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹2 Cr
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About MJR Silver Private Limited
Data last updated:
MJR Silver Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 03 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36990KA2020PTC134556. Its GSTIN is 29AANCM4601P1ZV (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Anish Kailash Chand and Rishab Kailash Chand Borana.
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 No. 107 C T Street, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.22 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹61.3 Lakh (net margin 1.7%) and EBITDA of ₹2 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹2 Cr on record.
MJR Silver Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0185688). For more details, the company can be reached via its website mjrsilver.in.
Company details
CIN U36990KA2020PTC134556
Registration Number 134556
Incorporation Date 03 June 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0185688
Key People
Anish Kailash Chand Director Rishab Kailash Chand Borana Director Ruchika Gandhi Director Recognitions & Rankings of MJR Silver
Contact details
MJR Silver Private Limited's registered office is in Bangalore, Karnataka. Its website is mjrsilver.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 107 C T Street, Bangalore, Karnataka, India – 560002
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of MJR Silver Private Limited, buy the company report.
Comprehensive company report
MJR Silver 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 MJR Silver 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 MJR Silver Private Limited, buy the company report.
Financials of MJR Silver Private Limited
FY 2025 filings availableMJR Silver Private Limited reported revenue of ₹35.22 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹35.22 Cr ▲ 51%
Net profit · FY 2025
₹61.3 Lakh margin 1.7%
EBITDA · FY 2025
₹2 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 51% growth in the latest year. EBITDA rose 11% 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 | ₹2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.3 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of MJR Silver Private Limited, buy the company report.
Board of directors of MJR Silver Private Limited
MJR Silver has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Kailash Chand | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
| Rishab Kailash Chand Borana Also directs: MJR Retail Private Limited | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
| Ruchika Gandhi | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
| Sakshi Rishab Borana | Director | 07 May 2024 | 2 Years 5 Months | Current |
Peer comparison
MJR Silver Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Lakshika Diamond Private Limited | ₹35.3 Cr (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| MJR Silver Private Limitedthis company | ₹35.22 Cr (FY 2025) | ₹61.3 Lakh | 1.7% | 51.0% | Bangalore, Karnataka, India | |
| Tirth Gems Private Limited | ₹35.17 Cr (FY 2023) | -34.0% | Surat, Gujarat, India | |||
| Redwing Tradelink Private Limited | ₹34.94 Cr (FY 2025) | -11.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of MJR Silver Private Limited, buy the company report.
Auditor
MJR Silver Private Limited is audited by J.R. JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.R. JAIN & CO. | FY 2023 | 103915W |
Shareholding
The shareholding of MJR Silver 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 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MJR Silver Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2025 | 101052601 | Others | ₹10 Cr | Open | |
| 05 Feb 2021 | 100416141 | Canara Bank | ₹2 Cr | Satisfied |
To see the full charge records of MJR Silver Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving MJR Silver 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 MJR Silver Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MJR Silver Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
MJR Silver has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM4601P1ZV | Karnataka | Active | 11 Jul 2020 |
To see the full GST registrations and return filing status of MJR Silver Private Limited, buy the company report.
Recent activity
MJR Silver Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Sakshi Rishab Borana was appointed as Director on 07 May 2024.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 03 Feb 2025 with Charge ID 101052601 was modified on 23 Dec 2025.
AGM
Mjr Silver Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mjr Silver Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 101052601 was registered on 03 Feb 2025.
Appointed
Sakshi Rishab Borana was appointed as Director.
Charges
A charge registered on 05 Feb 2021 via Charge ID 100416141 with Canara Bank was fully satisfied on 30 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 200.00 Lakh with Charge ID 100416141 was registered on 05 Feb 2021.
Appointed
Anish Kailash Chand was appointed as Director.
Appointed
Rishab Kailash Chand Borana was appointed as Director.
Appointed
Ruchika Gandhi was appointed as Director.
Incorporation
03 Jun 2020
Mjr Silver Private Limited was registered on 03 Jun 2020 with Roc Bangalore & aged 6 years 4 months as per MCA records.
Frequently asked questions
MJR Silver is an active private limited company based in Bangalore, Karnataka, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U36990KA2020PTC134556.
MJR Silver has 4 current directors:
- Anish Kailash Chand - Director
- Rishab Kailash Chand Borana - Director
- Ruchika Gandhi - Director
- Sakshi Rishab Borana - Director
The latest financial statements of MJR Silver 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 2021 are in the company report.
The GSTIN of MJR Silver is 29AANCM4601P1ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of MJR Silver is U36990KA2020PTC134556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MJR Silver was incorporated on 03 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of MJR Silver by revenue are Lakshika Diamond Private Limited, Tirth Gems Private Limited, Redwing Tradelink Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Sakshi Rishab Borana was appointed as Director on 07 May 2024. Anish Kailash Chand was appointed as Director on 03 Jun 2020. Rishab Kailash Chand Borana was appointed as Director on 03 Jun 2020. MJR Silver has 4 board changes on record in total.
Yes, MJR Silver is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0185688).
MJR Silver can be reached through the website mjrsilver.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of MJR Silver is at No. 107 C T Street, Bangalore, Karnataka, India – 560002.