MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0044301
Notandas Gems Pvt Ltd - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹107.27 Cr
▲ 78% YoY
Net profit · FY 2025
₹1.21 Cr
Net margin 1.1%
EBITDA · FY 2025
₹4.21 Cr
EBITDA margin 3.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.33 Cr
Issued & subscribed
Open charges
₹20.03 Cr
Satisfied ₹56.81 Cr
Company age
21 yrs
Est. 2005
Directors on board
4
As per MCA filings
About Notandas Gems Pvt Ltd
Data last updated:
Notandas Gems Pvt Ltd 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 18 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH2005PTC256827. Its GSTIN is 27AACCN2260L1ZE (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors including Rekha Harkishan Jagwani and Sanjay Jagwani.
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 101 1st Floor Mangal Darshan Water Field Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.27 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 1.1%) and EBITDA of ₹4.21 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹20.03 Cr and satisfied charges of ₹56.81 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending.
Notandas Gems Pvt Ltd is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0044301). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website notandas.com.
Company details
CIN U74899MH2005PTC256827
Registration Number 256827
Incorporation Date 18 October 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0044301
CIN history
Notandas Gems has one previous CIN (Corporate Identification Number): U74899DL2005PTC141859. The current CIN is U74899MH2005PTC256827, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH2005PTC256827 | Current |
| U74899DL2005PTC141859 | Previous |
Key People
Rekha Harkishan Jagwani Director Sanjay Jagwani Director Harkishan Notandas Jagwani Director Recognitions & Rankings of Notandas Gems
Contact details
Notandas Gems Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is notandas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 1st Floor Mangal Darshan Water Field Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Notandas Gems Pvt Ltd, buy the company report.
Comprehensive company report
Notandas Gems Pvt Ltd - 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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Business activity
The main business activity of Notandas Gems is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Notandas Gems Pvt Ltd, buy the company report.
Financials of Notandas Gems Pvt Ltd
FY 2025 filings availableNotandas Gems Pvt Ltd reported revenue of ₹107.27 Cr (up 78% YoY) for FY 2025.
Revenue · FY 2025
₹107.27 Cr ▲ 78%
Net profit · FY 2025
₹1.21 Cr margin 1.1%
EBITDA · FY 2025
₹4.21 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 42%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 20%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 78% growth in the latest year. EBITDA rose 60% 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 | ₹4.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.21 Cr | ||||
| 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 | 3.9% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Notandas Gems Pvt Ltd, buy the company report.
Board of directors of Notandas Gems Pvt Ltd
Notandas Gems has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Harkishan Jagwani | Director | 24 Nov 2014 | 11 Years 11 Months | Current |
| Sanjay Jagwani | Director | 18 Oct 2005 | 21 Years 0 Months | Current |
| Harkishan Notandas Jagwani | Director | 18 Oct 2005 | 21 Years 0 Months | Current |
| Amit Jagwani | Director | 18 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Notandas Gems Pvt Ltd is audited by BDMV & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BDMV & CO. | FY 2022 | 101256W |
Shareholding
The shareholding of Notandas Gems Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Notandas Gems Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹20.03 Cr
Satisfied charges
₹56.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2024 | 100991667 | Hdfc Bank Limited | ₹28.83 Lakh | Open | |
| 31 Jan 2023 | 100673005 | State Bank of India | ₹19.74 Cr | Open | |
| 20 Dec 2017 | 100155970 | Yes Bank Limited | ₹16.79 Cr | Satisfied | |
| 07 Aug 2012 | 10374496 | Bank of Baroda | ₹28 Cr | Satisfied | |
| 22 Nov 2005 | 80015584 | Bank of Baroda | ₹52 Lakh | Satisfied |
To see the full charge records of Notandas Gems Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Notandas Gems Pvt Ltd has 4 court cases on record: 1 filed by Notandas Gems, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against an individual | Pending |
| District court, South, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by an individual | Disposed |
To see the full case history of Notandas Gems Pvt Ltd, 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 Notandas Gems Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Notandas Gems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN2260L1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Notandas Gems Pvt Ltd, buy the company report.
Recent activity
Notandas Gems Pvt Ltd has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Hema Sanjay Jagwani ceased to be Director on 23 Sep 2021.
AGM
Notandas Gems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Notandas Gems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 19.74 Cr registered on 31 Jan 2023 with Charge ID 100673005 was modified on 19 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100991667 was registered on 02 Sep 2024.
Charges
A charge registered on 20 Dec 2017 via Charge ID 100155970 with Yes Bank Limited was fully satisfied on 07 Feb 2023.
Charges
A charge with State Bank Of India amounted to Rs. 19.74 Cr with Charge ID 100673005 was registered on 31 Jan 2023.
Ceased
Hema Sanjay Jagwani ceased to be Director.
Charges
A charge with Yes Bank Limited of Rs. 16.79 Cr registered on 20 Dec 2017 with Charge ID 100155970 was modified on 06 Nov 2020.
Charges
A charge registered on 07 Aug 2012 via Charge ID 10374496 with Bank Of Baroda was fully satisfied on 17 Feb 2018.
Charges
A charge registered on 22 Nov 2005 via Charge ID 80015585 with Bank Of Baroda was fully satisfied on 17 Feb 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 16.79 Cr with Charge ID 100155970 was registered on 20 Dec 2017.
Charges
A charge with Bank Of Baroda of Rs. 11.50 Cr registered on 22 Nov 2005 with Charge ID 80015585 was modified on 13 May 2015.
10 earlier events are in the company report.
Frequently asked questions
Notandas Gems 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 18 October 2005 (21+ years old) and is registered under CIN U74899MH2005PTC256827.
Notandas Gems has 4 current directors:
- Rekha Harkishan Jagwani - Director
- Sanjay Jagwani - Director
- Harkishan Notandas Jagwani - Director
- Amit Jagwani - Director
The latest financial statements of Notandas Gems 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 Notandas Gems is 27AACCN2260L1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Notandas Gems is U74899MH2005PTC256827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Notandas Gems has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Notandas Gems was incorporated on 18 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Hema Sanjay Jagwani ceased to be Director on 23 Sep 2021. Rekha Harkishan Jagwani ceased to be Additional Director on 19 Jan 2015. Rekha Harkishan Jagwani was appointed as Director on 24 Nov 2014. Notandas Gems has 6 board changes on record in total.
Yes, Notandas Gems is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0044301).
Notandas Gems can be reached through the website notandas.com. Its registered office is in Mumbai, Maharashtra, India.