Shashwat Ornaments Private Limited Company Logo

Shashwat Ornaments Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2020.

2020 | Mumbai, Maharashtra, India | Active
Last Updated:

About Shashwat Ornaments Private Limited

Shashwat Ornaments Private Limited, a active private limited company, was established on 03 December 2020 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: U36911MH2020PTC351201. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.50 Cr.

Employing 3 professional, Its leadership includes Jayantilal Magrajji Solanki (Director), Kantilal Santokchand Solanki (Director), Vikas Jayantilal Solanki (Director). Past directors included Sushilkumar Pukhraj Solanki, Deepakkumar Pukhraj Solanki, Rhishabh Solanki. It holds ₹90.00 Cr open charges and ₹64.55 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at G-4, Melstar House, Midc Cross Road A Nr, Marol Bus Depo, Andheri (E), Mumbai, Maharashtra, 400093.

Company Details

  • CIN/LLPIN

    U36911MH2020PTC351201

  • Registration Number

    351201

  • Incorporation Date

    03 December 2020

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 5 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 90.00 Cr
  • Satisfied Charges ₹ 64.55 Cr
  • Revenue Growth 219.07%
  • Profit Growth 285.78%
  • Ebitda 1446.65%
  • Net Worth 180.08%
  • Total Assets 64.83%
Company report

Shashwat Ornaments Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Shashwat Ornaments Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shashwat Ornaments Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Jayantilal Magrajji SolankiDirector08 Jul 2024Current
Kantilal Santokchand SolankiDirector08 Jul 2024Current
Vikas Jayantilal SolankiDirector03 Dec 2020Current
Pankaj Kantilal SolankiDirector08 Jul 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 Jul 2024Past
Pramod AbcsddDirector18 Jul 2024Past
Pramod AbcsddDirector18 Jul 2024Past

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Financial Performance of Shashwat Ornaments.

Shashwat Ornaments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 219.07% increase. The company also saw a substantial improvement in profitability, with a 285.78% increase in profit. The company's net worth Soared by an impressive increase of 180.08%.

Shashwat Ornaments revenue growth over time
Shashwat Ornaments profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
219.07%
Revenue from Operations
218.96%
Total Assets
64.83%
Profit or Loss
285.78%
Net Worth
180.08%
EBITDA
1446.65%

What is the Ownership and Shareholding Structure of Shashwat Ornaments?

In 2023, Shashwat Ornaments had a promoter holding of 12.72% and a public holding of 87.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹900,000,000.00

Satisfied Charges

₹645,500,000.00

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 90.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2024Yes Bank Limited₹90.00 CrOpen
14 Oct 2021Axis Bank Limited₹54.05 CrSatisfied
30 Dec 2020Others₹10.00 CrSatisfied
30 Dec 2020Others₹5.00 MSatisfied

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How Many Employees Work at Shashwat Ornaments?

Shashwat Ornaments has a workforce of 3 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Shashwat Ornaments Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shashwat Ornaments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shashwat Ornaments's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shashwat Ornaments

Recent Activity within the Organization

  • Charges

    A charge with Yes Bank Limited of Rs. 90.00 Cr registered on 09 Oct 2024 with Charge ID 100996813 was modified on 15 Apr 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 14 Oct 2021 via Charge ID 100508322 with Axis Bank Limited was fully satisfied on 14 Jan 2025. was documented.

  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 90.00 Cr with Charge ID 100996813 was registered on 09 Oct 2024. was completed.

  • Annual General Meeting

    The activity Shashwat Ornaments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    The activity Jayantilal Magrajji Solanki was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    Kantilal Santokchand Solanki was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Shashwat Ornaments Private Limited?

    The CIN of Shashwat Ornaments Private Limited is U36911MH2020PTC351201.

  • Where is Shashwat Ornaments Private Limited headquartered?

    Shashwat Ornaments Private Limited is headquartered at G-4, Melstar House, Midc Cross Road A Nr, Marol Bus Depo, Andheri (E), Mumbai, Maharashtra, 400093.

  • When was Shashwat Ornaments Private Limited incorporated?

    Shashwat Ornaments Private Limited was incorporated on 03 December 2020.

  • Who are the current directors of Shashwat Ornaments Private Limited?

    The current directors of Shashwat Ornaments Private Limited are

  • What is the primary industry of Shashwat Ornaments Private Limited?

    The primary industry of Shashwat Ornaments Private Limited is Manufacturing.

  • Is Shashwat Ornaments Private Limited a listed company?

    Shashwat Ornaments Private Limited is unlisted.

  • What is the capital structure of Shashwat Ornaments Private Limited?

    The authorized capital of Shashwat Ornaments Private Limited is ₹5.00 Cr, and the paid-up capital is ₹4.50 Cr.

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