About Verde Jewels Private Limited
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Verde Jewels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Azure Jewellery Manufacturing Private Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 28 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36103MH2014PTC255751. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Azure Jewellery Private Limited. It is led by directors Nishit Dinesh Mehta and Bijal Samrat Choksi.
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 ₹5.07 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Lakh (net margin 0.6%) and EBITDA of ₹5.24 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azurediamonds.ae.
Company details
Contact details
Verde Jewels Private Limited's registered office is in Mumbai, Maharashtra. Its website is azurediamonds.ae. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No. 317 3rd Floor, Options Primo Premises Co – Op Soc. Ltd. Plot No. 21 Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Verde Jewels 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 Verde Jewels 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 Verde Jewels Private Limited, buy the company report.
Financials of Verde Jewels Private Limited
FY 2025 filings availableVerde Jewels Private Limited reported revenue of ₹5.07 Cr (up 112% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 112% growth 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 | ₹5.24 Lakh | ||||
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| Net Profit (PAT) | ₹3.29 Lakh | ||||
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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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| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Verde Jewels Private Limited, buy the company report.
Board of directors of Verde Jewels Private Limited
Verde Jewels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijal Samrat Choksi | Additional Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Nishit Dinesh Mehta Also directs: Dreamstone Ornaments LLP, Crimson Jewelcraft LLP | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Verde Jewels Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Mehrae Di Hatti Private Ltd | ₹5.08 Cr (FY 2024) | -1.0% | Delhi, India | |||
| Kundan Bullion Private Limited | ₹5.08 Cr (FY 2025) | 509.0% | Ahmedabad, Gujarat, India | |||
| Verde Jewels Private Limitedthis company | ₹5.07 Cr (FY 2025) | ₹3.29 Lakh | 0.6% | 112.0% | 9 | Mumbai, Maharashtra, India |
| Krishna Krishna Jewellers and Investments Private Limited | ₹5.03 Cr (FY 2024) | -59.0% | Barnala, Punjab, India |
To see the full peer comparison of Verde Jewels Private Limited, buy the company report.
Auditor
Verde Jewels Private Limited is audited by BHUPENDRA SHROFF & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUPENDRA SHROFF & CO | FY 2021 | 101458W |
Shareholding
The shareholding of Verde Jewels Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
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| Public | ||||
| Others |
To see the full shareholding pattern of Verde Jewels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Verde Jewels 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 Verde Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Verde Jewels Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Verde Jewels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Verde Jewels Private Limited, buy the company report.
Recent activity
Verde Jewels Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Bijal Samrat Choksi was appointed as Additional Director on 01 Jul 2021.
Frequently asked questions
Verde Jewels 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 28 June 2014 (12+ years old) and is registered under CIN U36103MH2014PTC255751.
Verde Jewels has 2 current directors:
- Bijal Samrat Choksi - Additional Director
- Nishit Dinesh Mehta - Director
The latest financial statements of Verde Jewels 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.
No. Verde Jewels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Verde Jewels is U36103MH2014PTC255751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Verde Jewels was incorporated on 28 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Verde Jewels by revenue are Mehrae Di Hatti Private Ltd, Kundan Bullion Private Limited, Krishna Krishna Jewellers and Investments Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Bijal Samrat Choksi was appointed as Additional Director on 01 Jul 2021. Shekhar Ajaybhai Choksi ceased to be Additional Director on 01 Jul 2021. Atul Surendra Zaveri ceased to be Director on 22 Feb 2021. Verde Jewels has 6 board changes on record in total.
Verde Jewels can be reached through the website azurediamonds.ae. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Verde Jewels is at Office No. 317 3rd Floor, Options Primo Premises Co – Op Soc. Ltd. Plot No. 21 Andheri East, Mumbai, Maharashtra, India – 400093.
Verde Jewels operates in the consumer goods industry, in the watches and jewelry manufacturing segment.