MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0050106
Tiara Silver Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.65 Cr
▼ 45% YoY
Net loss · FY 2025
₹22.83 Lakh
Net margin -8.6%
EBITDA · FY 2025
-₹8.3 Lakh
EBITDA margin -3.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹67.34 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Tiara Silver Private Limited
Data last updated:
Tiara Silver Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 01 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC310237. Its GSTIN is 27AAGCT7962B1Z6 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Jigna Vishal Gandhi and Vishal Girishbhai Gandhi.
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 Flat No – 1202 12th Floor Gopalkunj Chsl Bhurabhai Hall Sarojini Naidu Road, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.65 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹22.83 Lakh (net margin -8.6%) and EBITDA of -₹8.3 Lakh (EBITDA margin -3.1%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹67.34 Lakh on record.
Tiara Silver Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0050106). For more details, the company can be reached via its website tiarasilver.com.
Company details
CIN U74999MH2018PTC310237
Registration Number 310237
Incorporation Date 01 June 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-18-0050106
Recognitions & Rankings of Tiara Silver
Contact details
Tiara Silver Private Limited's registered office is in Mumbai, Maharashtra. Its website is tiarasilver.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No – 1202 12th Floor Gopalkunj Chsl Bhurabhai Hall Sarojini Naidu Road, Mumbai, Maharashtra, India – 400067
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Tiara Silver Private Limited, buy the company report.
Comprehensive company report
Tiara Silver 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
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Financials of Tiara Silver Private Limited
FY 2025 filings availableTiara Silver Private Limited reported revenue of ₹2.65 Cr (down 45% YoY) for FY 2025.
Revenue · FY 2025
₹2.65 Cr ▼ 45%
Net loss · FY 2025
₹22.83 Lakh margin -8.6%
EBITDA · FY 2025
-₹8.3 Lakh margin -3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 35%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 134%
3 years · compounded
▼ 31%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 45% fall in the latest year. EBITDA fell 134% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | ||||
| Net Profit Margin | -8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tiara Silver Private Limited, buy the company report.
Board of directors of Tiara Silver Private Limited
Tiara Silver 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 |
|---|---|---|---|---|
| Jigna Vishal Gandhi Also directs: JG Parichay Milan Private Limited | Director | 01 Jun 2018 | 8 Years 5 Months | Current |
| Vishal Girishbhai Gandhi Also directs: Tia Silver Retail Private Limited | Director | 01 Jun 2018 | 8 Years 5 Months | Current |
Shareholding
The shareholding of Tiara Silver Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tiara Silver Private Limited, buy the company report.
Charges & borrowings
Open charges
₹67.34 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2022 | 100607862 | Others | ₹67.34 Lakh | Open |
To see the full charge records of Tiara Silver Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Tiara Silver 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 Tiara Silver Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tiara Silver has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT7962B1Z6 | Maharashtra | Active | 06 Jul 2018 |
| 33AAGCT7962B1ZD | Tamil Nadu | Active | 17 Jul 2018 |
| 29AAGCT7962B1Z2 | Karnataka | Active | 23 Jul 2019 |
To see the full GST registrations and return filing status of Tiara Silver Private Limited, buy the company report.
Recent activity
Tiara Silver Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Tamanna Chirag Gandhi ceased to be Director on 28 Jun 2024.
AGM
Tiara Silver Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tiara Silver Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Tamanna Chirag Gandhi ceased to be Director.
Charges
A charge with Others of Rs. 67.34 Lakh registered on 25 Aug 2022 with Charge ID 100607862 was modified on 07 Dec 2023.
Charges
A charge with Others amounted to Rs. 67.34 Lakh with Charge ID 100607862 was registered on 25 Aug 2022.
Appointed
Jigna Vishal Gandhi was appointed as Director.
Appointed
Tamanna Chirag Gandhi was appointed as Director.
Appointed
Vishal Girishbhai Gandhi was appointed as Director.
Incorporation
01 Jun 2018
Tiara Silver Private Limited was registered on 01 Jun 2018 with Roc Mumbai I & aged 8 years 5 months as per MCA records.
Frequently asked questions
Tiara Silver is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 01 June 2018 (8+ years old) and is registered under CIN U74999MH2018PTC310237.
Tiara Silver has 2 current directors:
- Jigna Vishal Gandhi - Director
- Vishal Girishbhai Gandhi - Director
The latest financial statements of Tiara Silver 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 FY 2019 are in the company report.
The GSTIN of Tiara Silver is 27AAGCT7962B1Z6, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAGCT7962B1ZD (Tamil Nadu), 29AAGCT7962B1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Tiara Silver is U74999MH2018PTC310237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiara Silver was incorporated on 01 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Tamanna Chirag Gandhi ceased to be Director on 28 Jun 2024. Jigna Vishal Gandhi was appointed as Director on 01 Jun 2018. Tamanna Chirag Gandhi was appointed as Director on 01 Jun 2018. Tiara Silver has 4 board changes on record in total.
Yes, Tiara Silver is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0050106).
Tiara Silver can be reached through the website tiarasilver.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Tiara Silver is at Flat No – 1202 12th Floor Gopalkunj Chsl Bhurabhai Hall Sarojini Naidu Road, Mumbai, Maharashtra, India – 400067.
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