About Trollbeads Private Limited
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Trollbeads Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Trollbeads Holdings Pty Ltd. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 05 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2021FTC124671. Its GSTIN is 24AAICT7823P1ZP (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Jonathan Ari Gelfand and Pinak Pareshbhai Thakkar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9/A Nandanvan Bunglows B/H Kharawala Compound Isanpur – 2, Ahmedabad, Gujarat, India – 382443.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.02 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹11.02 Lakh (net margin -64.7%) and EBITDA of -₹10.7 Lakh (EBITDA margin -62.9%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trollbeads.in.
Company details
Contact details
Trollbeads Private Limited's registered office is in Ahmedabad, Gujarat. Its website is trollbeads.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9/A Nandanvan Bunglows B/H Kharawala Compound Isanpur – 2, Ahmedabad, Gujarat, India – 382443
- IndustryE-Commerce, Online Watches & Jewelry Retail
To see the full contact details of Trollbeads 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 Trollbeads is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Trollbeads Private Limited, buy the company report.
Financials of Trollbeads Private Limited
FY 2025 filings availableTrollbeads Private Limited reported revenue of ₹17.02 Lakh (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹10.7 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.02 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -62.9% | ||
| Net Profit Margin | -64.7% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Trollbeads Private Limited, buy the company report.
Board of directors of Trollbeads Private Limited
Trollbeads has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jonathan Ari Gelfand | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
| Pinak Pareshbhai Thakkar | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Trollbeads Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aqeili Private Limited | ₹25.33 Lakh (FY 2023) | -74.0% | Jaipur, Rajasthan, India | |||
| Milli Gold India Private Limited | ₹23.93 Lakh (FY 2024) | 80.0% | Chennai, Tamil Nadu, India | |||
| Eroute Lifestyle Private Limited | ₹23.09 Lakh (FY 2024) | -48.0% | Gurgaon, Haryana, India | |||
| Trollbeads Private Limitedthis company | ₹17.02 Lakh (FY 2024) | -₹11.02 Lakh | -64.7% | 26.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Trollbeads Private Limited, buy the company report.
Auditor
Trollbeads Private Limited is audited by MEHTA SHETH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA SHETH & ASSOCIATES | FY 2023 | 106238W |
Shareholding
The shareholding of Trollbeads Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Trollbeads Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Trollbeads 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 Trollbeads Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trollbeads Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Trollbeads has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICT7823P1ZP | Gujarat | Active | 30 Sep 2021 |
To see the full GST registrations and return filing status of Trollbeads Private Limited, buy the company report.
Recent activity
Trollbeads Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Jonathan Ari Gelfand was appointed as Director on 05 Aug 2021.
Frequently asked questions
Trollbeads is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 05 August 2021 (5+ years old) and is registered under CIN U63030GJ2021FTC124671.
Trollbeads has 2 current directors:
- Jonathan Ari Gelfand - Director
- Pinak Pareshbhai Thakkar - Director
The latest financial statements of Trollbeads on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Trollbeads is 24AAICT7823P1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Trollbeads is U63030GJ2021FTC124671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trollbeads was incorporated on 05 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Trollbeads by revenue are Aqeili Private Limited, Milli Gold India Private Limited, Eroute Lifestyle Private Limited, all in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading).
Jonathan Ari Gelfand was appointed as Director on 05 Aug 2021. Pinak Pareshbhai Thakkar was appointed as Director on 05 Aug 2021.
Trollbeads can be reached through the website trollbeads.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Trollbeads is at 9A Nandanvan Bunglows BH Kharawala Compound Isanpur – 2, Ahmedabad, Gujarat, India – 382443.
Trollbeads operates in the e-commerce industry, in the online watches and jewelry retail segment.