- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0178805

Sneh Chain Private Limited
About Sneh Chain Private Limited
Data last updated:
Sneh Chain Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 21 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2008PTC052993. Its GSTIN is 24AALCS7261H1Z4 (Gujarat).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹64.83 Lakh. It is led by directors Shrenikkumar Kirtilal Shah and Shilpaben Shrenikbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 105 Shree Balaji Paragon B/S Rock Regency Hotel Opp. Axis Bank Near Circle P C. G Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹253.12 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Lakh (net margin 0%) and EBITDA of ₹57.91 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 91% over five years.
As per MCA filings, the company has open charges of ₹19 Lakh and satisfied charges of ₹4.68 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Sneh Chain Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0178805). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sneh Chain
Contact details
Sneh Chain Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address105 Shree Balaji Paragon B/S Rock Regency Hotel Opp. Axis Bank Near Circle P C. G Road, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Sneh Chain 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 Sneh Chain 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 Sneh Chain Private Limited, buy the company report.
Financials of Sneh Chain Private Limited
FY 2024 filings availableSneh Chain Private Limited reported revenue of ₹253.12 Cr (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 91%. EBITDA fell 51% 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 | ₹57.91 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 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 | 0.2% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Sneh Chain Private Limited, buy the company report.
Board of directors of Sneh Chain Private Limited
Sneh Chain has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrenikkumar Kirtilal Shah | Director | 21 Feb 2008 | 18 Years 8 Months | Current |
| Shilpaben Shrenikbhai Shah | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
Sneh Chain 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 (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dynamic Securities Private Limited | ₹256.91 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Golkunda Diamonds and Jewellery Limited | ₹253.18 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Sneh Chain Private Limitedthis company | ₹253.12 Cr (FY 2025) | ₹1.31 Lakh | 0% | -53.0% | Ahmedabad, Gujarat, India | |
| Kays Jewels Private Limited | ₹250.36 Cr (FY 2025) | 8.0% | Birhana Road, Uttar Pradesh, India |
To see the full peer comparison of Sneh Chain Private Limited, buy the company report.
Auditor
Sneh Chain Private Limited is audited by Rakshit M. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rakshit M. Shah & Co. | FY 2023 | 127338W |
Shareholding
The shareholding of Sneh Chain 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 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sneh Chain Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2023 | 100852052 | Others | ₹19 Lakh | Open | |
| 26 Oct 2018 | 100217422 | Others | ₹1.03 Cr | Satisfied | |
| 22 Nov 2016 | 100083598 | Others | ₹3 Cr | Satisfied | |
| 29 Mar 2012 | 10349406 | Canara Bank Limited | ₹65 Lakh | Satisfied |
To see the full charge records of Sneh Chain Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sneh Chain Private Limited has 4 court cases on record: 3 filed by Sneh Chain, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Icici Bank Ltd Through Its Authorised Officer Jenish Kansara | Disposed |
| High Court, GUJARAT | Court case (CR.A) | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sneh Chain 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 Sneh Chain Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sneh Chain has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS7261H1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sneh Chain Private Limited, buy the company report.
Recent activity
Sneh Chain Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Shilpaben Shrenikbhai Shah ceased to be Additional Director on 30 Nov 2021.
5 earlier events are in the company report.
Frequently asked questions
Sneh Chain is an active private limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 21 February 2008 (18+ years old) and is registered under CIN U74900GJ2008PTC052993.
Sneh Chain has 2 current directors:
- Shrenikkumar Kirtilal Shah - Director
- Shilpaben Shrenikbhai Shah - Director
The latest financial statements of Sneh Chain on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sneh Chain is 24AALCS7261H1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Sneh Chain is U74900GJ2008PTC052993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sneh Chain has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Sneh Chain was incorporated on 21 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sneh Chain by revenue are Dynamic Securities Private Limited, Golkunda Diamonds and Jewellery Limited, Kays Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Shilpaben Shrenikbhai Shah ceased to be Additional Director on 30 Nov 2021. Shikha Shrenikkumar Shah ceased to be Director on 01 Jun 2021. Shilpaben Shrenikbhai Shah was appointed as Director on 01 Jun 2021. Sneh Chain has 6 board changes on record in total.
Yes, Sneh Chain is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0178805).
The registered office of Sneh Chain is at 105 Shree Balaji Paragon BS Rock Regency Hotel Opp. Axis Bank Near Circle P C. G Road, Ahmedabad, Gujarat, India – 380009.

