About V-Chains Jewellery Private Limited
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V-Chains Jewellery 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 07 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2004PTC143896. Its GSTIN is 27AACCV3168M1ZV (Maharashtra).
The company has an authorised share capital of ₹31 Lakh and a paid-up capital of ₹10.69 Lakh. It was formerly known as Pallavi Multi Trade Private Limited. It is led by directors including Ansh Vinod Jain and Asha Vinod Jain.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹749.18 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹12.35 Cr (net margin 1.6%) and EBITDA of ₹19.3 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 46% over five years.
The company is associated with 1 brand: V Chains. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹4 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.69 Cr; the latest was in March 2018. Its 5 peer companies 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) are compared by revenue, 3 larger and 2 smaller; the largest is Ranka Jewellers Private Limited with revenue of ₹769.77 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vchainsjewellery.com.
Company details
Contact details
V-Chains Jewellery Private Limited's registered office is in Mumbai, Maharashtra. Its website is vchainsjewellery.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Floor – 1st Mehta Mansion Plot No – 219/221, Shaikh Memon Street Zaveri Bazar Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of V-Chains Jewellery 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
Brands
V-Chains Jewellery operates one associated brand: V Chains. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewelry manufacturing and sales focusing on chains, bracelets, and rings in Mumbai. | vchainsjewellery.com |
Business activity
The main business activity of V-Chains Jewellery 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 V-Chains Jewellery Private Limited, buy the company report.
Financials of V-Chains Jewellery Private Limited
FY 2025 filings availableV-Chains Jewellery Private Limited reported revenue of ₹749.18 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 58% growth in the latest year. EBITDA rose 46% 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 | ₹19.3 Cr | ||||
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| Net Profit (PAT) | ₹12.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of V-Chains Jewellery Private Limited, buy the company report.
Board of directors of V-Chains Jewellery Private Limited
V-Chains Jewellery has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ansh Vinod Jain Also directs: V - Dia Jewels Private Limited | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Asha Vinod Jain Also directs: Sun and Moon Realties LLP | Director | 11 Sep 2006 | 20 Years 1 Months | Current |
| Vinod Indramal Jain Also directs: Shree Mewad Jain Foundation | Director | 11 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
V-Chains Jewellery Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Ranka Jewellers Private Limited | ₹769.77 Cr (FY 2025) | 52.0% | Pune, Maharashtra, India | |||
| Kama Jewelry Private Limited | ₹768.21 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Sunjewels Private Limited | ₹765.66 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| V-Chains Jewellery Private Limitedthis company | ₹749.18 Cr (FY 2025) | ₹12.35 Cr | 1.6% | 58.0% | Mumbai, Maharashtra, India | |
| Aurum Jewels Limited | ₹742.15 Cr (FY 2025) | 36.0% | Chennai, Tamil Nadu, India | |||
| Inter Gold (India) Private Limited | ₹730.5 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of V-Chains Jewellery Private Limited, buy the company report.
Auditor
V-Chains Jewellery Private Limited is audited by Chanchal Bhandari & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chanchal Bhandari & Associates | FY 2023 | 116161W |
Shareholding
The shareholding of V-Chains Jewellery 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 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of V-Chains Jewellery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2015 | 10607398 | Others | ₹75 Cr | Open | |
| 30 Jul 2013 | 10447880 | Axis Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of V-Chains Jewellery Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
V-Chains Jewellery Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.69 Cr; the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Crown Crops Science Private Limited , Rishi Automation Private Limited |
| Mar 2014 | Funding round | ₹4.69 Cr | Investors: Crown Crops Science Private Limited , Rishi Automation Private Limited , Mahahauri Investment Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Shivvangan Advisory Services Private Limited , Manji Management Service Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
V-Chains Jewellery Private Limited has 5 court cases on record: 5 filed by V-Chains Jewellery. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against Assistant Commissioner Ofincome Tax Officer Circle - 8-3-1 and 4 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 3 Ors. and 4 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 3 Ors and 4 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of V-Chains Jewellery 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 V-Chains Jewellery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V-Chains Jewellery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV3168M1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V-Chains Jewellery Private Limited, buy the company report.
Recent activity
V-Chains Jewellery Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Ansh Vinod Jain was appointed as Director on 10 Feb 2020.
Frequently asked questions
V-Chains Jewellery 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 07 January 2004 (22+ years old) and is registered under CIN U51909MH2004PTC143896.
V-Chains Jewellery has 3 current directors:
- Ansh Vinod Jain - Director
- Asha Vinod Jain - Director
- Vinod Indramal Jain - Director
The latest financial statements of V-Chains Jewellery 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 V-Chains Jewellery is 27AACCV3168M1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of V-Chains Jewellery is U51909MH2004PTC143896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V-Chains Jewellery has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the high courts.
V-Chains Jewellery was incorporated on 07 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
V-Chains Jewellery has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.69 Cr; the latest was in March 2018.
The peers of V-Chains Jewellery by revenue are Ranka Jewellers Private Limited, Kama Jewelry Private Limited, Sunjewels Private Limited, Aurum Jewels Limited, Inter Gold (India) 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).
Ansh Vinod Jain was appointed as Director on 10 Feb 2020. Asha Vinod Jain was appointed as Director on 11 Sep 2006. Vinod Indramal Jain was appointed as Director on 11 Sep 2006.
V-Chains Jewellery can be reached through the website vchainsjewellery.com. Its registered office is in Mumbai, Maharashtra, India.