Ultimate Gems Private Limited
About Ultimate Gems Private Limited
Data last updated: 09 February 2026
Ultimate Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Araska Diamond Private Limited. It specialises in jewelry and gemstone retail and distribution, a part of the broader consumer goods sector. Incorporated on 29 September 2003, the company has been in operation for over 23 years.
Registered with ROC Mumbai under CIN U70101MH2003PTC142415.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shailesh Ramniklal Mehta and Shilpaben Shaileshbhai Mehta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.4 Lakh, a decline of 61% compared to the previous year.
It operates as a subsidiary of Araska Diamond Private Limited.
As per MCA filings, the company has open charges of ₹5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressAe – 5040 Bharat Diamond Bourse G Block Bkc Opp. Nabard Head Office Bandra Eas, T, Mumbai, Maharashtra, India – 400051
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IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Ultimate Gems Private Limited
Ultimate Gems Private Limited is engaged in the principal business activity of wholesale and retail trade; repair of motor vehicles and motorcycles, with detailed activities including wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details for Ultimate Gems Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Ultimate Gems Private Limited
Ultimate Gems Private Limited is audited by P L BABARIA & ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P L BABARIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Ultimate Gems Private Limited
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Board of Directors of Ultimate Gems Private Limited
Ultimate Gems Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Ramniklal Mehta | Director | 29 Sep 2003 | 22 Years 9 Months | Current |
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Shilpaben Shaileshbhai Mehta
Also directs:
Araska Diamond Private Limited, Pretty Jewellery Private Limited
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Director | 11 Oct 2006 | 19 Years 9 Months | Current |
Financials of Ultimate Gems Private Limited FY 2025 filings available
Ultimate Gems Private Limited reported revenue of ₹7.4 Lakh (down 61.00% YoY) for FY 2025.
Ten-year financial statements for Ultimate Gems Private Limited
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Ownership and Shareholding of Ultimate Gems Private Limited
Shareholding and ownership data for Ultimate Gems Private Limited
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Charges & Borrowings of Ultimate Gems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2005 | State Bank of India | ₹5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ultimate Gems Private Limited
View historical data on people associated with Ultimate Gems Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Ultimate Gems Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Ultimate Gems Private Limited
GST registrations and filing compliance for Ultimate Gems Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ultimate Gems Private Limited
Credit ratings, litigation, and regulatory alerts for Ultimate Gems Private Limited
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MSME Payment Delays by Ultimate Gems Private Limited
MSME payment history for Ultimate Gems Private Limited
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Subsidiaries & Group Companies of Ultimate Gems Private Limited
Corporate group structure for Ultimate Gems Private Limited
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MCA Filings & Documents of Ultimate Gems Private Limited
MCA filings and documents for Ultimate Gems Private Limited
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Recent Activity on Ultimate Gems Private Limited
Frequently Asked Questions about Ultimate Gems Private Limited
Ultimate Gems Private Limited is an active private limited company in the consumer goods sector based in Mumbai, Maharashtra, India. It was incorporated on 29 September 2003 (23+ years old) and is registered under CIN U70101MH2003PTC142415.
Ultimate Gems Private Limited reported revenue of ₹7.4 Lakh for FY 2025 (down 61.00% YoY).
The current directors of Ultimate Gems Private Limited are:
- Shailesh Ramniklal Mehta - Director
- Shilpaben Shaileshbhai Mehta - Director
The primary industry of Ultimate Gems Private Limited is consumer goods. The company specifically operates in jewelry and gemstone retail and distribution. The company is currently active in this sector.
Ultimate Gems Private Limited can be reached at the registered office: Ae – 5040 Bharat Diamond Bourse G Block Bkc Opp. Nabard Head Office Bandra Eas, T, Mumbai, Maharashtra, India – 400051.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.