Shiv Art Chains Private Limited
About Shiv Art Chains Private Limited
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Shiv Art Chains Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 22 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2008PTC181415. Its GSTIN is 27AALCS8560R3Z7 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹40 Lakh. It is led by directors Jagdish Bastimal Mehta and Pratik Jagdish Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala No.02 Thakkar Industrial Estate 3rd Floor Anjirwadi Chapsi Bhimji Road Mazgaon, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.66 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹3.39 Lakh (net margin -1.3%) and EBITDA of -₹2.78 Lakh (EBITDA margin -1%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 12% over five years.
As per MCA filings, the company has satisfied charges of ₹6 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Shiv Art Chains Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGala No.02 Thakkar Industrial Estate 3rd Floor Anjirwadi Chapsi Bhimji Road Mazgaon, Mumbai, Maharashtra, India – 400010
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Shiv Art Chains 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 Shiv Art Chains is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shiv Art Chains Private Limited, buy the company report.
Financials of Shiv Art Chains Private Limited
FY 2025 filings availableShiv Art Chains Private Limited reported revenue of ₹2.66 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 10% fall in the latest year. EBITDA fell 115% 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 | -₹2.78 Lakh | ||||
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| Net Profit (PAT) | -₹3.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -1.3% | ||||
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To see the full financial statements and ratios of Shiv Art Chains Private Limited, buy the company report.
Board of directors of Shiv Art Chains Private Limited
Shiv Art Chains 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 |
|---|---|---|---|---|
| Jagdish Bastimal Mehta | Director | 22 Apr 2008 | 18 Years 6 Months | Current |
| Pratik Jagdish Mehta | Director | 18 Nov 2013 | 12 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2008 | 10136889 | Vijaya Bank | ₹2.5 Cr | Satisfied | |
| 08 Aug 2008 | 10121492 | Union Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Shiv Art Chains Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shiv Art Chains Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Ltd. | Pending |
| Bombay High Court | Court case (CHS) | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Standard Chartered Bank | Disposed |
To see the full case history of Shiv Art Chains 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 Shiv Art Chains Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shiv Art Chains has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS8560R3Z7 | Maharashtra | Active | 12 Jul 2018 |
To see the full GST registrations and return filing status of Shiv Art Chains Private Limited, buy the company report.
Recent activity
Shiv Art Chains Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Pratik Jagdish Mehta was appointed as Director on 18 Nov 2013.
Frequently asked questions
Shiv Art Chains is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 22 April 2008 (18+ years old) and is registered under CIN U51398MH2008PTC181415.
Shiv Art Chains has 2 current directors:
- Jagdish Bastimal Mehta - Director
- Pratik Jagdish Mehta - Director
The latest financial statements of Shiv Art Chains on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shiv Art Chains is 27AALCS8560R3Z7, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shiv Art Chains is U51398MH2008PTC181415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shiv Art Chains has 5 court cases on record: 5 filed against it. 2 are pending. Most are in the district courts.
Shiv Art Chains was incorporated on 22 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Pratik Jagdish Mehta was appointed as Director on 18 Nov 2013. Rajesh Bastimal Mehta ceased to be Director on 18 Nov 2013. Jagdish Bastimal Mehta was appointed as Director on 22 Apr 2008.
The registered office of Shiv Art Chains is at Gala No.02 Thakkar Industrial Estate 3rd Floor Anjirwadi Chapsi Bhimji Road Mazgaon, Mumbai, Maharashtra, India – 400010.
Shiv Art Chains operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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