Abans Jewels Limited

Manufactures and trades gold and silver jewelry, with global customer base.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Abans Jewels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.73 Cr
  • Company Age 13 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 112.76 Cr
  • Satisfied Charges ₹ 316.70 Cr
  • Revenue Growth -49.93%
  • Profit Growth 274.60%
  • Ebitda -61.68%
  • Net Worth -39.49%
  • Total Assets -20.21%

About Abans Jewels

Abans Jewels Limited (AJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 January 2012 and has a history of 13 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Abans Gold Refineries Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.73 Cr.

The company currently has active open charges totaling ₹112.76 Cr. The company has closed loans amounting to ₹316.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Zope, Kayomarz Sadri, Shivshankar Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2012PLC225770

  • Company No.

    225770

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2012

  • Date of AGM

    02 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Abans Jewels?

Board Members (5)

Name Designation Appointment Date Status
Shivshankar Singh Country flag representing In Director 15-Jan-2021 Current
Deepak Zope Country flag representing In Director 06-Jul-2017 Current
Kayomarz Sadri Country flag representing In Director 26-Jan-2024 Current
Anita Shantaram Country flag representing In Director 24-Jul-2023 Current
Sanjiv Swarup Country flag representing In Director Current

Financial Performance of Abans Jewels.

Abans Jewels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.93% decrease. The company also saw a substantial improvement in profitability, with a 274.6% increase in profit. The company's net worth observed a substantial decline by a decrease of 39.49%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-49.93%
Revenue from Operations
-50.17%
Total Assets
-20.21%
Profit or Loss
274.60%
Net Worth
-39.49%
EBITDA
-61.68%

What is the Ownership and Shareholding Structure of Abans Jewels?

In 2023, Abans Jewels had a promoter holding of 93.90% and a public holding of 6.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹112.76 Cr

Satisfied Charges

₹316.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 111.08 Cr
  • Hdfc Bank Limited : 1.68 Cr

Latest Charge Details

Date Lender Amount Status
13 May 2024 Others ₹100.00 Cr Open
28 Feb 2024 Others ₹10.00 Cr Open
07 Jul 2023 Hdfc Bank Limited ₹1.68 Cr Open
31 Mar 2023 Others ₹1.08 Cr Open
27 Sep 2019 Yes Bank Limited ₹130.00 Cr Satisfied

How Many Employees Work at Abans Jewels?

Abans Jewels has a workforce of 42 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abans Jewels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abans Jewels's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abans Jewels

Recent activity within the organization

  • Annual General Meeting

    Abans Jewels Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

    02 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100916377 was registered on 13 May 2024.

    13 May 2024

  • Balance Sheet

    Abans Jewels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100882513 was registered on 28 Feb 2024.

    28 Feb 2024

  • Director Appointment

    Kayomarz Marzban Sadri was appointed as a Director was appointed as a Director on 26 Jan 2024 & has been associated with this company since 1 year 6 days .

    26 Jan 2024

  • Director Appointment

    Anita Rahul Shantaram was appointed as a Director was appointed as a Director on 24 Jul 2023 & has been associated with this company since 1 year 6 months .

    24 Jul 2023

Frequently asked questions

  • Abans Jewels Limited was incorporated on 05 Jan 2012.

  • The authorized share capital of Abans Jewels Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.73 Cr.

  • Currently 5 directors are associated with Abans Jewels Limited.

    • Deepak Manohar Zope
    • Kayomarz Marzban Sadri
    • Shivshankar Singh
    • Anita Rahul Shantaram
    • Sanjiv Swarup
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abans Jewels Limited is 36 37 38A Floor 3 Nariman Bhavan Backbay Reclamation, Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Abans Jewels Limited is U74999MH2012PLC225770 and the company number is 225770 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abans Jewels Limited is https://www.abans.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abans Jewels Limited has fallen by -49.93%.

  • As Per 2023 financial reports, 42 employees are currently employed by Abans Jewels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abans Jewels Limited has experienced an downturn of -39.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abans Jewels Limited amount to ₹ 112.76 Cr.

  • The most recent Balance Sheet for Abans Jewels Limited was filed with the ROC on 31 Mar 2024.

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