Shashwat Stone Private Limited
About Shashwat Stone Private Limited
Data last updated:
Shashwat Stone Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ankit Gems Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 13 July 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2005PTC315763. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.05 Lakh. It was led by directors including Pravin Pannalal Shah and Vasantlal Chandulal Shah.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹93,433, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹29.06 Lakh and EBITDA of -₹1.87 Lakh (EBITDA margin -200%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹399.15 Cr on record.
Company details
CIN history
Shashwat Stone has one previous CIN (Corporate Identification Number): U36910GJ2005PTC046413. The current CIN is U36910MH2005PTC315763, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36910MH2005PTC315763 | Current |
| U36910GJ2005PTC046413 | Previous |
Contact details
Shashwat Stone Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address504 Floor – 5 Plot – 5 5th Floor B Wing Jeevanvihar Manav Mandir Road Malabar, Hill, Mumbai, Maharashtra, India – 400006
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Shashwat Stone 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 Shashwat Stone Private Limited
FY 2020 filings availableShashwat Stone Private Limited reported revenue of ₹93,433 (down 92% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 93% over three years, including a 92% fall in the latest year. EBITDA fell 132% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹1.87 Lakh | ||||
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| Net Profit (PAT) | -₹29.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -200% | ||||
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To see the full financial statements and ratios of Shashwat Stone Private Limited, buy the company report.
Board of directors of Shashwat Stone Private Limited
Shashwat Stone has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Pannalal Shah Also directs: Ankit Gems Private Limited, Gujarat Hira Bourse | Director | 13 Jul 2005 | 21 Years 3 Months | As last reported |
| Vasantlal Chandulal Shah Also directs: Ankit Gems Private Limited | Director | 13 Jul 2005 | 21 Years 3 Months | As last reported |
| Dilipbhai Amrutlal Soni Also directs: Ankit Gems Private Limited | Director | 13 Jul 2005 | 21 Years 3 Months | As last reported |
| Mukund Dilipbhai Soni | Director | 13 Jul 2005 | 21 Years 3 Months | As last reported |
| Parva Vasantlal Shah | Director | 13 Jul 2005 | 21 Years 3 Months | As last reported |
Peer comparison
Shashwat Stone Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inspire Jewels Private Limited | ₹1.08 Lakh (FY 2017) | Ahmedabad, Gujarat, India | ||||
| Peri Gems Private Limited | ₹1.01 Lakh (FY 2024) | -36.0% | Mumbai, Maharashtra, India | |||
| Charms Jewels Private Limited | ₹1 Lakh (FY 2021) | New Delhi, Delhi, India | ||||
| Digambara Jewels Private Limited | ₹98,344 (FY 2025) | Kolkata, West Bengal, India | ||||
| Namoharihant C Z Jewellers Private Limited | ₹94,612 (FY 2024) | -99.0% | Mumbai, Maharashtra, India | |||
| Shashwat Stone Private Limitedthis company | ₹93,433 (FY 2020) | -₹29.06 Lakh | -92.0% | 2 | Mumbai, Maharashtra, India | |
| Nano Engineering Materials Private Limited | ₹93,260 (FY 2025) | -91.0% | Jaipur, Rajasthan, India | |||
| Aakar Gold Private Limited | ₹91,690 (FY 2025) | 305.0% | Mumbai, Maharashtra, India | |||
| Crystal Cubic Gems Private Limited | ₹90,000 (FY 2023) | Jaipur, Rajasthan, India | ||||
| Ibes Consulting Private Limited | ₹87,720 (FY 2024) | 16.0% | Imphal, Manipur, India | |||
| Supreme Diamond Technologies Private Limited | ₹87,000 (FY 2025) | -100.0% | Surat, Gujarat, India |
To see the full peer comparison of Shashwat Stone Private Limited, buy the company report.
Auditor
Shashwat Stone Private Limited is audited by N D J & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D J & CO | FY 2019 | 136345W |
Shareholding
The shareholding of Shashwat Stone Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shashwat Stone Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2011 | 10315966 | State Bank of India | ₹285.15 Cr | Open | |
| 26 Aug 2009 | 10212469 | State Bank of India | ₹114 Cr | Open |
To see the full charge records of Shashwat Stone Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shashwat Stone 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 Shashwat Stone Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shashwat Stone Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Shashwat Stone has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shashwat Stone Private Limited, buy the company report.
Recent activity
Shashwat Stone Private Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Dhwanil Pravinkumar Shah ceased to be Director on 01 May 2008.
Frequently asked questions
Shashwat Stone has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Shashwat Stone was a private limited company based in Mumbai, Maharashtra, India. The company worked in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 13 July 2005 and is registered under CIN U36910MH2005PTC315763. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shashwat Stone was incorporated on 13 July 2005. It is registered with the Registrar of Companies, Mumbai.
Shashwat Stone had 5 directors:
- Pravin Pannalal Shah - Director
- Vasantlal Chandulal Shah - Director
- Dilipbhai Amrutlal Soni - Director
- Mukund Dilipbhai Soni - Director
- Parva Vasantlal Shah - Director
The CIN (Corporate Identification Number) of Shashwat Stone is U36910MH2005PTC315763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shashwat Stone is at 504 Floor – 5 Plot – 5 5th Floor B Wing Jeevanvihar Manav Mandir Road Malabar, Hill, Mumbai, Maharashtra, India – 400006.
The latest financial statements of Shashwat Stone on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Shashwat Stone has 1 GST registration on record and it is cancelled or inactive.
Shashwat Stone operated in the consumer goods industry, in the watches and jewelry manufacturing segment.
The peers of Shashwat Stone by revenue are Inspire Jewels Private Limited, Peri Gems Private Limited, Charms Jewels Private Limited, Digambara Jewels Private Limited, Namoharihant C Z Jewellers Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Dhwanil Pravinkumar Shah ceased to be Director on 01 May 2008. Dilipbhai Amrutlal Soni was appointed as Director on 13 Jul 2005. Mukund Dilipbhai Soni was appointed as Director on 13 Jul 2005. Shashwat Stone has 6 board changes on record in total.