MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0041494
Praavy Sterling Private Limited - consumer goods in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹85.65 Cr
▲ 1% YoY
Net profit · FY 2025
₹82.88 Lakh
Net margin 1%
EBITDA · FY 2025
₹2.22 Cr
EBITDA margin 2.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹20.09 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
48
Provident fund records
About Praavy Sterling Private Limited
Data last updated:
Praavy Sterling Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51398GJ2019PTC107801. Its GSTIN is 24AAKCP5111C1ZX (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Dhirajlal Narshi Nandani and Pranjal Dhirajlal Nandani.
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 307 Shiv Arcade Kalawad Road B/H Kkv Hall Opp School Of Science, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.65 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹82.88 Lakh (net margin 1%) and EBITDA of ₹2.22 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 265% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Praavy. As per MCA filings, the company has open charges of ₹20.09 Cr on record.
Praavy Sterling Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0041494). For more details, the company can be reached via its website praavy.com.
Company details
CIN U51398GJ2019PTC107801
Registration Number 107801
Incorporation Date 24 April 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0041494
Key People
Dhirajlal Narshi Nandani Director Pranjal Dhirajlal Nandani Director Mahesh Rameshbhai Pansuriya Director Recognitions & Rankings of Praavy Sterling
Contact details
Praavy Sterling Private Limited's registered office is in Rajkot, Gujarat. Its website is praavy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address307 Shiv Arcade Kalawad Road B/H Kkv Hall Opp School Of Science, Rajkot, Gujarat, India – 360005
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Praavy Sterling Private Limited, buy the company report.
Comprehensive company report
Praavy Sterling 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
Praavy Sterling operates one associated brand: Praavy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retail of 925 silver jewellery and related accessories in India. | praavy.com |
Business activity
The main business activity of Praavy Sterling 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 Praavy Sterling Private Limited, buy the company report.
Financials of Praavy Sterling Private Limited
FY 2025 filings availablePraavy Sterling Private Limited reported revenue of ₹85.65 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹85.65 Cr ▲ 1%
Net profit · FY 2025
₹82.88 Lakh margin 1%
EBITDA · FY 2025
₹2.22 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 36%
5 years · compounded
▲ 265%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 7%
5 years · compounded
▲ 52%
Revenue has grown at a compounded annual rate (CAGR) of 265% over five years, including 1% growth in the latest year. EBITDA rose 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹82.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Praavy Sterling Private Limited, buy the company report.
Board of directors of Praavy Sterling Private Limited
Praavy Sterling has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirajlal Narshi Nandani | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
| Pranjal Dhirajlal Nandani | Director | 24 Apr 2019 | 7 Years 6 Months | Current |
| Mahesh Rameshbhai Pansuriya | Director | 04 Jan 2022 | 4 Years 10 Months | Current |
Peer comparison
Praavy Sterling 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 |
|---|---|---|---|---|---|---|
| Praavy Sterling Private Limitedthis company | ₹85.65 Cr (FY 2025) | ₹82.88 Lakh | 1% | 1.0% | 48 | Rajkot, Gujarat, India |
| Suvarna Mahal Private Limited | ₹85.45 Cr (FY 2016) | 125.0% | Ahmedabad, Gujarat, India | |||
| Shreeradha Ornament Gallery Private Limited | ₹85.06 Cr (FY 2025) | 25.0% | Guna, Madhya Pradesh, India | |||
| DJM Trading Private Limited | ₹84.15 Cr (FY 2024) | -37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Praavy Sterling Private Limited, buy the company report.
Auditor
Praavy Sterling Private Limited is audited by UDANI & SHETH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UDANI & SHETH | FY 2020 | 140027W |
Shareholding
The shareholding of Praavy Sterling Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Praavy Sterling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101214609 | Others | ₹43 Lakh | Open | |
| 01 May 2025 | 101111419 | Others | ₹15.88 Lakh | Open | |
| 28 Feb 2022 | 100559844 | Hdfc Bank Limited | ₹50.19 Lakh | Open | |
| 10 Sep 2021 | 100477694 | Hdfc Bank Limited | ₹19 Cr | Open |
To see the full charge records of Praavy Sterling Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Praavy Sterling 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 Praavy Sterling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Praavy Sterling Private Limited has a workforce of 48 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
29.73%
GST
Praavy Sterling has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP5111C1ZX | Gujarat | Active | 10 May 2019 |
| 27AAKCP5111C1ZR | Maharashtra | Active | 16 Sep 2019 |
To see the full GST registrations and return filing status of Praavy Sterling Private Limited, buy the company report.
Recent activity
Praavy Sterling Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Mahesh Rameshbhai Pansuriya was appointed as Director on 04 Jan 2022.
Charges
A charge with Others amounted to Rs. 43.00 Lakh with Charge ID 101214609 was registered on 24 Dec 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 1,900.00 Lakh registered on 10 Sep 2021 with Charge ID 100477694 was modified on 09 Dec 2025.
AGM
Praavy Sterling Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.88 Lakh with Charge ID 101111419 was registered on 01 May 2025.
Filing
Praavy Sterling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.19 Lakh with Charge ID 100559844 was registered on 28 Feb 2022.
Appointed
Mahesh Rameshbhai Pansuriya was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,900.00 Lakh with Charge ID 100477694 was registered on 10 Sep 2021.
Appointed
Dhirajlal Narshi Nandani was appointed as Director.
Appointed
Pranjal Dhirajlal Nandani was appointed as Director.
Incorporation
24 Apr 2019
Praavy Sterling Private Limited was registered on 24 Apr 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.
Frequently asked questions
Praavy Sterling is an active private limited company based in Rajkot, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 24 April 2019 (7+ years old) and is registered under CIN U51398GJ2019PTC107801.
Praavy Sterling has 3 current directors:
- Dhirajlal Narshi Nandani - Director
- Pranjal Dhirajlal Nandani - Director
- Mahesh Rameshbhai Pansuriya - Director
The latest financial statements of Praavy Sterling 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 2020 are in the company report.
The GSTIN of Praavy Sterling is 24AAKCP5111C1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAKCP5111C1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Praavy Sterling is U51398GJ2019PTC107801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praavy Sterling was incorporated on 24 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Praavy Sterling by revenue are Suvarna Mahal Private Limited, Shreeradha Ornament Gallery Private Limited, DJM Trading Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Mahesh Rameshbhai Pansuriya was appointed as Director on 04 Jan 2022. Dhirajlal Narshi Nandani was appointed as Director on 24 Apr 2019. Pranjal Dhirajlal Nandani was appointed as Director on 24 Apr 2019.
Yes, Praavy Sterling is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0041494).
Praavy Sterling can be reached through the website praavy.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Praavy Sterling is at 307 Shiv Arcade Kalawad Road BH Kkv Hall Opp School Of Science, Rajkot, Gujarat, India – 360005.
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