Zee Bangles Private Limited
About Zee Bangles Private Limited
Data last updated:
Zee Bangles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2012PTC230175. Its GSTIN is 27AAACZ6000G1ZL (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹15.21 Lakh. It is led by directors including Anchal Ankit Vagrecha and Jayashree Ashok Vagrecha.
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 ₹113.91 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹25.3 Lakh (net margin 0.2%) and EBITDA of ₹1.15 Cr (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zee Bangles. As per MCA filings, the company has open charges of ₹17.5 Cr and satisfied charges of ₹4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFloor – 0 Plot – 124 Mahavir Swami Jain Temple Shaikh Memon Street Zaveri Bazar Kalba, Devi, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Zee Bangles Private Limited
The main business activity of Zee Bangles is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Zee Bangles Private Limited FY 2025 filings available
Zee Bangles Private Limited reported revenue of ₹113.91 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Zee Bangles Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 28% fall in the latest year. EBITDA fell 32% 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 of Zee Bangles Private Limited
| 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 | ₹1.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.3 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 of Zee Bangles Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Zee Bangles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Zee Bangles Private Limited
Zee Bangles Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vardhaman Worldwide Private Limited | ₹115.21 Cr (FY 2021) | •••• | •••• | -38.0% | •••• | Surat, Gujarat, India |
| Shri Mevanagar Sales Private Limited | ₹115.17 Cr (FY 2025) | •••• | •••• | 217.0% | •••• | Mumbai, Maharashtra, India |
| Ghanshyam Das Anil Kumar Jewellers Private Limited | ₹114.88 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Jaunpur, Uttar Pradesh, India |
| Qizil Jewels Private Limited | ₹114.23 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Mumbai, Maharashtra, India |
| JMK Enterprises Private Limited | ₹113.98 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Zee Bangles Private Limited this company | ₹113.91 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Jmja Jewellers Golds and Diamonds India Private Limited | ₹113.64 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Salem, Tamil Nadu, India |
| Merrygold Gems Private Limited | ₹113.58 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Surat, Gujarat, India |
| Four Ceess Diamonds Private Limited | ₹113.03 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Chennai, Tamil Nadu, India |
| Kripalu Agencies Private Limited | ₹112.95 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Shramnishtha Traders Private Limited | ₹112.27 Cr (FY 2017) | •••• | •••• | 6.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Zee Bangles by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zee Bangles Private Limited
Zee Bangles Private Limited is audited by SHYAM SUNDER GUPTA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHYAM SUNDER GUPTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Zee Bangles Private Limited
Zee Bangles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anchal Ankit Vagrecha Also directs: Zee Aviraj Jewellers LLP | Director | 12 Dec 2013 | 12 Years 9 Months | Current |
| Jayashree Ashok Vagrecha Also directs: Zee Aviraj Jewellers LLP | Director | 12 Dec 2013 | 12 Years 9 Months | Current |
| Ankit Ashok Vagrecha Also directs: Zee Aviraj Jewellers LLP | Director | 24 Apr 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Zee Bangles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Zee Bangles Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2022 | Others | ₹10 Cr | Open |
| 24 Aug 2016 | Others | ₹7.5 Cr | Open |
| 31 Aug 2013 | Axis Bank Limited | ₹4 Cr | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Zee Bangles Private Limited
Zee Bangles operates one associated brand: Zee Bangles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| zeeluxury.in |
Employees and EPFO Compliance at Zee Bangles Private Limited
Zee Bangles Private Limited has a workforce of 3 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Zee Bangles Private Limited
Recent Activity on Zee Bangles Private Limited
Zee Bangles Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Amit Ashok Vagrecha ceased to be Director on 01 Apr 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Zee Bangles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Zee Bangles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Zee Bangles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Zee Bangles Private Limited
Zee Bangles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ6000G1ZL | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Zee Bangles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zee Bangles Private Limited
Zee Bangles is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 24 April 2012 (14+ years old) and is registered under CIN U36912MH2012PTC230175.
Zee Bangles reported revenue of ₹113.91 Cr for FY 2025 (down 28% YoY).
Zee Bangles has 3 current directors:
- Anchal Ankit Vagrecha - Director
- Jayashree Ashok Vagrecha - Director
- Ankit Ashok Vagrecha - Director
Zee Bangles reported a net profit of ₹25.3 Lakh (net margin 0.2%) and EBITDA of ₹1.15 Cr (EBITDA margin 1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zee Bangles is 12% over three years and -5% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zee Bangles is 27AAACZ6000G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Zee Bangles is U36912MH2012PTC230175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zee Bangles was incorporated on 24 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Zee Bangles by revenue are Vardhaman Worldwide Private Limited, Shri Mevanagar Sales Private Limited, Ghanshyam Das Anil Kumar Jewellers Private Limited, Qizil Jewels Private Limited, JMK Enterprises Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Amit Ashok Vagrecha ceased to be Director on 01 Apr 2025. Anchal Ankit Vagrecha was appointed as Director on 12 Dec 2013. Jayashree Ashok Vagrecha was appointed as Director on 12 Dec 2013. Zee Bangles has 5 board changes on record in total.
The registered office of Zee Bangles is at Floor – 0 Plot – 124 Mahavir Swami Jain Temple Shaikh Memon Street Zaveri Bazar Kalba, Devi, Mumbai, Maharashtra, India – 400002.