- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-01-0003841

Raja Gems Private Limited
About Raja Gems Private Limited
Data last updated:
Raja Gems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 12 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC063379. Its GSTIN is 07AACCR4394K1ZZ (Delhi).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹78.86 Lakh. It was formerly known as Aashoka Finman Pvt. Ltd. and Aashoka Finman Private Limited. It is led by directors Raja Arora and Ashok Arora.
Its last annual general meeting (AGM) was held on 06 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2502 108 1st Floor, Gali No. 7 – 8 Beadon Pura Karol Bagh New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹165.17 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹62.12 Lakh (net margin 0.4%) and EBITDA of ₹3.8 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹31.45 Cr and satisfied charges of ₹124.54 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Raja Gems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0003841). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Raja Gems has undergone 2 name changes throughout its history. The company was previously known as Aashoka Finman Pvt. Ltd., and Aashoka Finman Private Limited. The current legal name is Raja Gems Private Limited.
| Company Name | Status |
|---|---|
| Raja Gems Private Limited | Current |
| Aashoka Finman Pvt. Ltd. | Previous |
| Aashoka Finman Private Limited | Previous |
Recognitions & Rankings of Raja Gems
Contact details
Raja Gems Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2502 108 1st Floor, Gali No. 7 – 8 Beadon Pura Karol Bagh New Delhi, Delhi, India – 110005
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Raja Gems 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 Raja Gems 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 Raja Gems Private Limited, buy the company report.
Financials of Raja Gems Private Limited
FY 2024 filings availableRaja Gems Private Limited reported revenue of ₹165.17 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 28% growth in the latest year. EBITDA rose 16% 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 | ₹3.8 Cr | ||||
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| Net Profit (PAT) | ₹62.12 Lakh | ||||
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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 | 2.3% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Raja Gems Private Limited, buy the company report.
Board of directors of Raja Gems Private Limited
Raja Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raja Arora | Director | 26 Mar 2003 | 23 Years 7 Months | Current |
| Ashok Arora Also directs: Sr Royalcrest Realtors LLP, Mishyaan Glitz Private Limited, Tejniti Buildwell Private Limited and 1 more | Director | 12 Dec 1994 | 31 Years 10 Months | Current |
Auditor
Raja Gems Private Limited is audited by Yogi Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yogi Associates | FY 2023 | 002590N |
Shareholding
The shareholding of Raja Gems 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 Raja Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101095110 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 06 Feb 2025 | 101069382 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 25 Sep 2020 | 100386643 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 10 Aug 2017 | 100130486 | Hdfc Bank Limited | ₹27 Cr | Open | |
| 29 Jul 2013 | 10442510 | Standard Chartered Bank | ₹28.6 Cr | Satisfied |
To see the full charge records of Raja Gems Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Raja Gems Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Raja Gems 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 Raja Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raja Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCR4394K1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raja Gems Private Limited, buy the company report.
Recent activity
Raja Gems Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Harsh Arora ceased to be Additional Director on 05 Jul 2008.
28 earlier events are in the company report.
Frequently asked questions
Raja Gems is an active private limited company based in New Delhi, Delhi, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 12 December 1994 (32+ years old) and is registered under CIN U74899DL1994PTC063379.
Raja Gems has 2 current directors:
- Raja Arora - Director
- Ashok Arora - Director
The latest financial statements of Raja Gems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 06 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Raja Gems is 07AACCR4394K1ZZ, registered in Delhi.
The CIN (Corporate Identification Number) of Raja Gems is U74899DL1994PTC063379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raja Gems has 2 court cases on record: 2 filed against it. 1 is pending.
Raja Gems was incorporated on 12 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Harsh Arora ceased to be Additional Director on 05 Jul 2008. Raja Arora was appointed as Director on 26 Mar 2003. Ashok Arora was appointed as Director on 12 Dec 1994.
Yes, Raja Gems is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-01-0003841).
The registered office of Raja Gems is at 2502 108 1st Floor, Gali No. 7 – 8 Beadon Pura Karol Bagh New Delhi, Delhi, India – 110005.

