MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0019030
Tiara Metals Private Limited
Tiara Metals Private Limited - home & lifestyle in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.88 Cr
▲ 29.92% YoY
Net profit · FY 2025
₹11.75 Lakh
Net margin 4.1%
EBITDA · FY 2025
₹29.78 Lakh
EBITDA margin 10.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹12.64 Lakh
Issued & subscribed
Open charges
₹5.3 Cr
Satisfied ₹4.72 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
4
Provident fund records
About Tiara Metals Private Limited
Data last updated:
Tiara Metals Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 23 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28997MP1999PTC013330. Its GSTIN is 23AABCT4963D1ZK (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.64 Lakh. It is led by directors Mukesh Kumar Ajmera and Smita Ajmera.
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 62 – A 63 64 – Sector F Industrial Estate, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.88 Cr. For the same year it recorded a net profit of ₹11.75 Lakh (net margin 4.1%) and EBITDA of ₹29.78 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.3 Cr and satisfied charges of ₹4.72 Cr on record.
Tiara Metals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0019030). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28997MP1999PTC013330
Registration Number 013330
Incorporation Date 23 February 1999
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0019030
Recognitions & Rankings of Tiara Metals
Contact details
Tiara Metals Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address62 – A 63 64 – Sector F Industrial Estate, Indore, Madhya Pradesh, India – 452001
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Tiara Metals Private Limited, buy the company report.
Comprehensive company report
Tiara Metals Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Tiara Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Tiara Metals Private Limited, buy the company report.
Financials of Tiara Metals Private Limited
FY 2025 filings availableTiara Metals Private Limited reported revenue of ₹2.88 Cr for FY 2025.
Revenue · FY 2025
₹2.88 Cr
Net profit · FY 2025
₹11.75 Lakh margin 4.1%
EBITDA · FY 2025
₹29.78 Lakh margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 6%
5 years · compounded
▲ 11%
EBITDA CAGR growth
3 years · compounded
▲ 1%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years. 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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| Total Expenses | |||||
| EBITDA | ₹29.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.75 Lakh | ||||
| Balance Sheet | |||||
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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 | 10.3% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Tiara Metals Private Limited, buy the company report.
Board of directors of Tiara Metals Private Limited
Tiara Metals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Ajmera | Director | 23 Feb 1999 | 27 Years 7 Months | Current |
| Smita Ajmera | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Tiara Metals Private Limited is audited by M D AGRAWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M D AGRAWAL & CO | FY 2023 | 001177C |
Shareholding
The shareholding of Tiara Metals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tiara Metals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.3 Cr
Satisfied charges
₹4.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2025 | 101204841 | Others | ₹50 Lakh | Open | |
| 07 Feb 2018 | 100152742 | Others | ₹2.95 Cr | Open | |
| 31 Dec 2014 | 10569451 | City Union Bank Limited | ₹1.6 Cr | Open | |
| 13 May 1999 | 90203588 | Gujarat Mercantile Credit Cooperative Society Ltd | ₹15 Lakh | Open | |
| 13 May 1999 | 90208437 | Gujarat Mercantile Credit Cooperative Society Ltd | ₹10 Lakh | Open |
To see the full charge records of Tiara Metals Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Tiara Metals 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
Tiara Metals Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 27 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Raaj Medisafe India Limited | |||
| an individual supplier | |||
| Bhasin Packwell Pvt Ltd | |||
| Kabeer Fineness (I) Private Limited |
To see the full MSME payment records of Tiara Metals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tiara Metals Private Limited has a workforce of 4 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
GST
Tiara Metals has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCT4963D1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AABCT4963D1DT | Madhya Pradesh | Active | 04 Dec 2024 |
To see the full GST registrations and return filing status of Tiara Metals Private Limited, buy the company report.
Recent activity
Tiara Metals Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Kirit Ajmera ceased to be Director on 15 Feb 2024.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101204841 was registered on 10 Dec 2025.
AGM
Tiara Metals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tiara Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Kirit Ajmera ceased to be Director.
Appointed
Smita Ajmera was appointed as Director.
Charges
A charge with Others amounted to Rs. 295.00 Lakh with Charge ID 100152742 was registered on 07 Feb 2018.
Charges
A charge with City Union Bank Limited of Rs. 160.00 Lakh registered on 31 Dec 2014 with Charge ID 10569451 was modified on 31 Aug 2017.
Charges
A charge registered on 05 Jan 2012 via Charge ID 10333125 with Shriram City Union Finance Limited was fully satisfied on 24 Apr 2015.
Charges
A charge with City Union Bank Limited amounted to Rs. 160.00 Lakh with Charge ID 10569451 was registered on 31 Dec 2014.
Charges
A charge with Shriram City Union Finance Limited of Rs. 120.00 Lakh registered on 05 Jan 2012 with Charge ID 10333125 was modified on 09 Jan 2012.
Charges
A charge registered on 19 Apr 2010 via Charge ID 10222025 with State Bank Of India was fully satisfied on 09 Jan 2012.
Charges
A charge with Shriram City Union Finance Limited amounted to Rs. 120.00 Lakh with Charge ID 10333125 was registered on 05 Jan 2012.
16 earlier events are in the company report.
Frequently asked questions
Tiara Metals is an active private limited company based in Indore, Madhya Pradesh, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 23 February 1999 (27+ years old) and is registered under CIN U28997MP1999PTC013330.
Tiara Metals has 2 current directors:
- Mukesh Kumar Ajmera - Director
- Smita Ajmera - Director
The latest financial statements of Tiara Metals 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 Tiara Metals is 23AABCT4963D1ZK, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AABCT4963D1DT (Madhya Pradesh).
The CIN (Corporate Identification Number) of Tiara Metals is U28997MP1999PTC013330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiara Metals was incorporated on 23 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
Kirit Ajmera ceased to be Director on 15 Feb 2024. Smita Ajmera was appointed as Director on 15 Feb 2024. Kirit Ajmera was appointed as Director on 23 Feb 1999. Tiara Metals has 4 board changes on record in total.
Yes, Tiara Metals is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0019030).
Tiara Metals has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 27 overdue payments to 17 micro and small suppliers. The latest return was filed on 28 May 2019.
The registered office of Tiara Metals is at 62 – A 63 64 – Sector F Industrial Estate, Indore, Madhya Pradesh, India – 452001.
Tiara Metals operates in the home and lifestyle industry, in the crockery and kitchenware manufacturing segment.