Shanti Ornaments Private Limited
About Shanti Ornaments Private Limited
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Shanti Ornaments Private Limited is a private limited company based in Jalgaon, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 14 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2004PTC148588. Its GSTIN is 27AAICS3732J1Z4 (Maharashtra).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹30.8 Lakh. It is led by directors Champalal Babulal Soni and Nilamdevi Champalal Soni.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H No 157 Saraf Bazar Balaji Peth, Jalgaon, Maharashtra, India – 425001.
As per the financials filed for FY 2021, the company reported a revenue of ₹25,120, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹24.89 Lakh and EBITDA of -₹13,595 (EBITDA margin -54.1%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 81% over five years.
As per MCA filings, the company has open charges of ₹4.45 Cr and satisfied charges of ₹2.7 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shanti Ornaments Private Limited's registered office is in Jalgaon, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressH No 157 Saraf Bazar Balaji Peth, Jalgaon, Maharashtra, India – 425001
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Shanti Ornaments 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
Financials of Shanti Ornaments Private Limited
FY 2021 filings availableShanti Ornaments Private Limited reported revenue of ₹25,120 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years. EBITDA fell 100% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹13,595 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.89 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -54.1% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Shanti Ornaments Private Limited, buy the company report.
Board of directors of Shanti Ornaments Private Limited
Shanti Ornaments 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 |
|---|---|---|---|---|
| Champalal Babulal Soni | Director | 14 Sep 2004 | 22 Years 1 Months | Current |
| Nilamdevi Champalal Soni | Director | 17 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Shanti Ornaments Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Shree Ayyappa Jewellery Private Limited | ₹25,580 (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Baijnath Legacy Private Limited | ₹25,214 (FY 2025) | -100.0% | Kanpur, Uttar Pradesh, India | |||
| Shanti Ornaments Private Limitedthis company | ₹25,120 (FY 2021) | -₹24.89 Lakh | -100.0% | Jalgaon, Maharashtra, India | ||
| Voguish Jewellery Private Limited | ₹24,675 (FY 2024) | 5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shanti Ornaments Private Limited, buy the company report.
Auditor
Shanti Ornaments Private Limited is audited by D K SANKHALA & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K SANKHALA & COMPANY | FY 2020 | 121998W |
Shareholding
The shareholding of Shanti Ornaments Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shanti Ornaments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2013 | 10459920 | State Bank of India | ₹3.3 Cr | Open | |
| 17 Jan 2011 | 10459916 | State Bank of India | ₹1.15 Cr | Open | |
| 20 Mar 2006 | 90366220 | Bank of Baroda | ₹2.7 Lakh | Satisfied |
To see the full charge records of Shanti Ornaments Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shanti Ornaments Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Shanties Health and Fitness Club (LLP) THR Its Partner Rakesh Champalalji Soni | Disposed |
| District court, Jalgaon, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Shanti Ornaments 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 Shanti Ornaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shanti Ornaments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS3732J1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shanti Ornaments Private Limited, buy the company report.
Recent activity
Shanti Ornaments Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Rakesh Champalal Soni ceased to be Director on 19 Nov 2020.
Frequently asked questions
Shanti Ornaments is an active private limited company based in Jalgaon, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 14 September 2004 (22+ years old) and is registered under CIN U36910MH2004PTC148588.
Shanti Ornaments has 2 current directors:
- Champalal Babulal Soni - Director
- Nilamdevi Champalal Soni - Director
The latest financial statements of Shanti Ornaments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Shanti Ornaments is 27AAICS3732J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shanti Ornaments is U36910MH2004PTC148588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanti Ornaments has 2 court cases on record: 2 filed against it. Most are in the district courts.
Shanti Ornaments was incorporated on 14 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shanti Ornaments by revenue are Shree Ayyappa Jewellery Private Limited, Baijnath Legacy Private Limited, Voguish Jewellery Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading).
Rakesh Champalal Soni ceased to be Director on 19 Nov 2020. Nilamdevi Champalal Soni was appointed as Director on 17 Nov 2020. Champalal Babulal Soni was appointed as Director on 14 Sep 2004.
The registered office of Shanti Ornaments is at H No 157 Saraf Bazar Balaji Peth, Jalgaon, Maharashtra, India – 425001.
Shanti Ornaments operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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