- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0047502

About Pragya Jewels Private Limited
Data last updated:
Pragya Jewels 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 02 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH2013PTC242818. Its GSTIN is 27AATCS0936M1ZN (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.01 Cr. It was formerly known as Sancheti Stone Private Limited. It is led by directors Ronak Nihalchand Sancheti and Vinay Gyanchand Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 309 Panchratna M.P. Road Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹99.27 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹79.63 Lakh (net margin 0.8%) and EBITDA of ₹2.79 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹16.3 Cr on record.
Pragya Jewels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0047502). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pragyajewels.com.
Company details
CIN history
Pragya Jewels has one previous CIN (Corporate Identification Number): U51909MH2013PTC242818. The current CIN is U01100MH2013PTC242818, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH2013PTC242818 | Current |
| U51909MH2013PTC242818 | Previous |
Recognitions & Rankings of Pragya Jewels
Contact details
Pragya Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its website is pragyajewels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address309 Panchratna M.P. Road Opera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Pragya 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 Pragya Jewels 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 Pragya Jewels Private Limited, buy the company report.
Financials of Pragya Jewels Private Limited
FY 2024 filings availablePragya Jewels Private Limited reported revenue of ₹99.27 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.79 Cr | ||||
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| Net Profit (PAT) | ₹79.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Pragya Jewels Private Limited, buy the company report.
Board of directors of Pragya Jewels Private Limited
Pragya Jewels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ronak Nihalchand Sancheti Also directs: Holiday Developers Private Limited | Director | 24 Feb 2021 | 5 Years 8 Months | Current |
| Vinay Gyanchand Jain Also directs: Sancheti Trading Private Limited | Director | 02 May 2013 | 13 Years 6 Months | Current |
Peer comparison
Pragya Jewels 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 (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dazzle Ornaments Private Limited | ₹101.8 Cr (FY 2025) | 56.0% | Rajkot, Gujarat, India | |||
| Rajlaxmi Jewellers Private Limited | ₹101.75 Cr (FY 2025) | 35.0% | Patna, Bihar, India | |||
| Pragya Jewels Private Limitedthis company | ₹99.27 Cr (FY 2024) | ₹79.63 Lakh | 0.8% | -7.0% | Mumbai, Maharashtra, India | |
| R K R Gold Bullion Private Limited | ₹98.58 Cr (FY 2022) | -48.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Pragya Jewels Private Limited, buy the company report.
Auditor
Pragya Jewels Private Limited is audited by SURESH ANCHALIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH ANCHALIYA & CO | FY 2023 | 112492W |
Shareholding
The shareholding of Pragya Jewels Private Limited 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pragya Jewels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100440043 | Yes Bank Limited | ₹16.3 Cr | Open |
To see the full charge records of Pragya Jewels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Pragya Jewels 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 Pragya Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pragya Jewels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS0936M1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pragya Jewels Private Limited, buy the company report.
Recent activity
Pragya Jewels Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Ronak Nihalchand Sancheti ceased to be Additional Director on 29 Oct 2021.
Frequently asked questions
Pragya Jewels 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 02 May 2013 (13+ years old) and is registered under CIN U01100MH2013PTC242818.
Pragya Jewels has 2 current directors:
- Ronak Nihalchand Sancheti - Director
- Vinay Gyanchand Jain - Director
The latest financial statements of Pragya Jewels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pragya Jewels is 27AATCS0936M1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pragya Jewels is U01100MH2013PTC242818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pragya Jewels was incorporated on 02 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pragya Jewels by revenue are Dazzle Ornaments Private Limited, Rajlaxmi Jewellers Private Limited, R K R Gold Bullion Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Ronak Nihalchand Sancheti ceased to be Additional Director on 29 Oct 2021. Ronak Nihalchand Sancheti was appointed as Director on 24 Feb 2021. Vimal Gyanchand Jain ceased to be Director on 08 Jan 2018. Pragya Jewels has 5 board changes on record in total.
Yes, Pragya Jewels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0047502).
Pragya Jewels can be reached through the website pragyajewels.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pragya Jewels is at 309 Panchratna M.P. Road Opera House, Mumbai, Maharashtra, India – 400004.

