About Param Jewels Private Limited
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Param Jewels Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 25 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36911GJ1998PTC035029. Its GSTIN is 24AABCP3048H1ZO (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹24.64 Lakh. It is led by directors Balveermal Kewalmal Singhvi and Param Jaikumar Begani.
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 203 – B 2nd Floor Back Side Camps Corner II Opp. Auda Garden Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.12 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹75.31 Lakh (net margin 5%) and EBITDA of ₹1.37 Cr (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4.33 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramjewels.com.
Company details
Contact details
Param Jewels Private Limited's registered office is in Ahmedabad, Gujarat. Its website is paramjewels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203 – B 2nd Floor Back Side Camps Corner II Opp. Auda Garden Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Param Jewels 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
Business activity
The main business activity of Param Jewels 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 Param Jewels Private Limited, buy the company report.
Financials of Param Jewels Private Limited
FY 2025 filings availableParam Jewels Private Limited reported revenue of ₹15.12 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 50% fall in the latest year. EBITDA fell 89% 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 | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹75.31 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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| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Param Jewels Private Limited, buy the company report.
Board of directors of Param Jewels Private Limited
Param Jewels has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balveermal Kewalmal Singhvi | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
| Param Jaikumar Begani Also directs: Shalee Jewels Private Limited | Director | 10 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Param Jewels Private Limited is audited by S MAHNOT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MAHNOT & CO | FY 2020 | 116990W |
Shareholding
The shareholding of Param Jewels Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Param Jewels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2018 | 100182721 | Yes Bank Limited | ₹33 Lakh | Satisfied | |
| 09 Jun 2011 | 10290889 | Kotak Mahindra Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Param Jewels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Param Jewels Private Limited has 7 court cases on record: 4 filed by Param Jewels, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court | Arbitration matter | Filed by the company against Macrotech Developers Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by De Beers U.K. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Param Jewels 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 Param Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Param Jewels Private Limited has a workforce of 5 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Param Jewels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP3048H1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Param Jewels Private Limited, buy the company report.
Recent activity
Param Jewels Private Limited has 12 board changes on record since 1998: 7 appointments and 5 cessations. The latest: Kirankumar Abhayraj Begani ceased to be Whole-Time Director on 12 Feb 2024.
7 earlier events are in the company report.
Frequently asked questions
Param Jewels is an active private limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 25 November 1998 (28+ years old) and is registered under CIN U36911GJ1998PTC035029.
Param Jewels has 2 current directors:
- Balveermal Kewalmal Singhvi - Director
- Param Jaikumar Begani - Director
The latest financial statements of Param Jewels 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 Param Jewels is 24AABCP3048H1ZO, registered in Gujarat. 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 Param Jewels is U36911GJ1998PTC035029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Param Jewels has 7 court cases on record: 4 filed by the company and 3 filed against it. Most are in the district courts.
Param Jewels was incorporated on 25 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kirankumar Abhayraj Begani ceased to be Whole-Time Director on 12 Feb 2024. Param Jaikumar Begani was appointed as Director on 10 Feb 2024. Ramniwas Basantilal Rathi ceased to be Director on 16 Dec 2016. Param Jewels has 12 board changes on record in total.
Param Jewels can be reached through the website paramjewels.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Param Jewels is at 203 – B 2nd Floor Back Side Camps Corner II Opp. Auda Garden Prahladnagar, Ahmedabad, Gujarat, India – 380015.
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