Nainraj Enterprises Private Limited
About Nainraj Enterprises Private Limited
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Nainraj Enterprises 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 27 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1992PTC066110. Its GSTIN is 27AABCN4200H1ZW (Maharashtra). The company holds 2 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 Sonal Mansukhlal Shah and Shubhada Prakash Gawde.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Plot – 12/14 Refinery Building Agiary 2nd Lane Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.37 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹4.65 Cr (net margin -196.7%) and EBITDA of ₹73.88 Lakh (EBITDA margin 31.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 40% over five years.
Court records list 34 cases involving the company, including 16 filed by the company and 18 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nainraj Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1st Floor Plot – 12/14 Refinery Building Agiary 2nd Lane Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Nainraj Enterprises 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 Nainraj Enterprises Private Limited
FY 2025 filings availableNainraj Enterprises Private Limited reported revenue of ₹2.37 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 42% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹73.88 Lakh | ||||
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| Net Profit (PAT) | -₹4.65 Cr | ||||
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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 | 31.2% | ||||
| Net Profit Margin | -196.7% | ||||
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To see the full financial statements and ratios of Nainraj Enterprises Private Limited, buy the company report.
Board of directors of Nainraj Enterprises Private Limited
Nainraj Enterprises has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Mansukhlal Shah Also directs: Assay Office of India Limited, Honeycomb Catalysts & Chemicals Limited, Parekh Industries Limited and 5 more | Director | 29 Aug 2012 | 14 Years 1 Months | Current |
| Shubhada Prakash Gawde Also directs: Assay Office of India Limited, Honeycomb Catalysts & Chemicals Limited, Parekh Industries Limited and 5 more | Director | 26 Sep 2019 | 7 Years 0 Months | Current |
| Nayna Rajesh Parekh Also directs: Assay Office of India Limited, Honeycomb Catalysts & Chemicals Limited, Parekh Industries Limited and 5 more | Director | 27 Mar 1992 | 34 Years 6 Months | Current |
Peer comparison
Nainraj Enterprises Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, 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 |
|---|---|---|---|---|---|---|
| Glitzdesign Diamond Jewelery Private Limited | ₹2.38 Cr (FY 2025) | 95.0% | Mumbai, Maharashtra, India | |||
| Prabha Jewell Industries (India) Private Limited | ₹2.38 Cr (FY 2024) | 141.0% | Malappuram, Kerala, India | |||
| Nainraj Enterprises Private Limitedthis company | ₹2.37 Cr (FY 2025) | -₹4.65 Cr | -196.7% | -42.0% | Mumbai, Maharashtra, India | |
| Kalash Jewellery Private Limited | ₹2.35 Cr (FY 2025) | -19.0% | Ahmedabad, Gujarat, India | |||
| M V Waghadkar and Sons Jewellers Private Limited | ₹2.33 Cr (FY 2022) | -19.0% | Mumbai, Maharashtra, India | |||
| Kota Jewellers Private Limited | ₹2.32 Cr (FY 2024) | -61.0% | Coimbatore, Tamil Nadu, India | |||
| Coinedge International Private Limited | ₹2.32 Cr (FY 2024) | -9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nainraj Enterprises Private Limited, buy the company report.
Auditor
Nainraj Enterprises Private Limited is audited by KASTURY & TALATI for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KASTURY & TALATI | FY 2020 | 104908W |
Shareholding
The shareholding of Nainraj Enterprises Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nainraj Enterprises Private Limited, buy the company report.
Legal cases
Nainraj Enterprises Private Limited has 34 court cases on record: 16 filed by Nainraj Enterprises, 18 filed against it. 4 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 15 | 2 |
| District courts | 6 | 2 | 2 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Mayfair Housing Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Mayfair Housing Private Limited | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Mayfair Housing Pvt. Ltd. | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Prime Property Development Corporation Ltd and 1 other | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against A K Realm LLP and 1 other | Disposed |
To see the full case history of Nainraj Enterprises 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 Nainraj Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nainraj Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN4200H1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nainraj Enterprises Private Limited, buy the company report.
Recent activity
Nainraj Enterprises Private Limited has 9 board changes on record since 1992: 6 appointments and 3 cessations. The latest: Pooja Rajesh Parekh ceased to be Director on 31 Jan 2022.
Frequently asked questions
Nainraj Enterprises 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 27 March 1992 (34+ years old) and is registered under CIN U65990MH1992PTC066110.
Nainraj Enterprises has 3 current directors:
- Sonal Mansukhlal Shah - Director
- Shubhada Prakash Gawde - Director
- Nayna Rajesh Parekh - Director
The latest financial statements of Nainraj Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nainraj Enterprises is 27AABCN4200H1ZW, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nainraj Enterprises is U65990MH1992PTC066110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nainraj Enterprises has 34 court cases on record: 16 filed by the company and 18 filed against it. 4 are pending. Most are in the high courts.
Nainraj Enterprises was incorporated on 27 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nainraj Enterprises by revenue are Glitzdesign Diamond Jewelery Private Limited, Prabha Jewell Industries (India) Private Limited, Kalash Jewellery Private Limited, M V Waghadkar and Sons Jewellers Private Limited, Kota Jewellers Private Limited and 1 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewelry, musical instruments, medical instruments, sports goods, etc. activities).
Pooja Rajesh Parekh ceased to be Director on 31 Jan 2022. Shubhada Prakash Gawde was appointed as Director on 26 Sep 2019. Sonal Mansukhlal Shah was appointed as Director on 29 Aug 2012. Nainraj Enterprises has 9 board changes on record in total.
The registered office of Nainraj Enterprises is at 1st Floor Plot – 1214 Refinery Building Agiary 2nd Lane Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002.
Nainraj Enterprises operates in the consumer goods industry, in the watches and jewelry manufacturing segment.