DPIIT recognised startup Government of India
Startup India
Mjwel India Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2,134
▼ 48% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
2
Associated brands
Last financials
Mar 2025
Balance sheet date
About Mjwel India Private Limited
Data last updated:
Mjwel India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 09 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2018PTC306234. Its GSTIN is 27AALCM6746M1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemlata Mukesh Lakhara and Mukesh Lakhara.
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 Mumbai, Maharashtra.
The company is associated with 2 brands: Sujwel and MJWEL.
For more details, the company can be reached via its website mjwel.com.
Company details
CIN U51909MH2018PTC306234
Registration Number 306234
Incorporation Date 09 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mjwel India
Contact details
Mjwel India Private Limited's registered office is in Mumbai, Maharashtra. Its website is mjwel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA2/1904 Sheth Midori Hanuman Tekdi, Shiv Vallabh Road Opp. Ashok Van, Mumbai, Maharashtra, India – 400068
- IndustryE-Commerce, Online Watches & Jewelry Retail
To see the full contact details of Mjwel India Private Limited, buy the company report.
Comprehensive company report
Mjwel India 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
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Brands
Mjwel India operates two associated brands: Sujwel and MJWEL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sujwel is a direct-to-consumer brand offering handcrafted fast fashion jewellery. | sujwel.com | |
| Serves as an e-distributor offering a wide range of fashion products to consumers. | mjwel.com |
Business activity
The main business activity of Mjwel India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mjwel India Private Limited, buy the company report.
Financials of Mjwel India Private Limited
FY 2025 filings availableMjwel India Private Limited reported revenue of ₹2,134 (down 48% YoY) for FY 2024.
Revenue · FY 2024
₹2,134 ▼ 48%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 79%
5 years · compounded
▼ 62%
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 48% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Mjwel India Private Limited, buy the company report.
Board of directors of Mjwel India Private Limited
Mjwel India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemlata Mukesh Lakhara | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Mukesh Lakhara | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Mjwel India Private Limited is audited by Shikhar Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shikhar Jain & Co. | FY 2022 | 110120W |
Shareholding
The shareholding of Mjwel India 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 Mjwel India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mjwel India 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 Mjwel India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mjwel India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM6746M1ZP | Maharashtra | Active | 26 Feb 2020 |
To see the full GST registrations and return filing status of Mjwel India Private Limited, buy the company report.
Recent activity
Mjwel India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Hemlata Mukesh Lakhara was appointed as Director on 09 Mar 2018.
AGM
Mjwel India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mjwel India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Hemlata Mukesh Lakhara was appointed as Director.
Appointed
Mukesh Lakhara was appointed as Director.
Incorporation
09 Mar 2018
Mjwel India Private Limited was registered on 09 Mar 2018 with Roc Mumbai I & aged 8 years 7 months as per MCA records.
Frequently asked questions
Mjwel India is an active private limited company based in Mumbai, Maharashtra, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 09 March 2018 (8+ years old) and is registered under CIN U51909MH2018PTC306234.
Mjwel India has 2 current directors:
- Hemlata Mukesh Lakhara - Director
- Mukesh Lakhara - Director
The latest financial statements of Mjwel India 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 2018 are in the company report.
The GSTIN of Mjwel India is 27AALCM6746M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mjwel India is U51909MH2018PTC306234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mjwel India was incorporated on 09 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemlata Mukesh Lakhara was appointed as Director on 09 Mar 2018. Mukesh Lakhara was appointed as Director on 09 Mar 2018.
Yes, Mjwel India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mjwel India can be reached through the website mjwel.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mjwel India is at A21904 Sheth Midori Hanuman Tekdi, Shiv Vallabh Road Opp. Ashok Van, Mumbai, Maharashtra, India – 400068.
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