Nikhaar Jewels Private Limited

Jewelry trading company with a wide range of gold, diamond, and silver products.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: January 25, 2025

Nikhaar Jewels Profile

Key Indicators

  • Authorised Capital ₹ 15.50 Cr
  • Paid Up Capital ₹ 12.93 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.00 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth 26.64%
  • Profit Growth 121.48%
  • Ebitda 56.86%
  • Net Worth 3.25%
  • Total Assets 0.24%

About Nikhaar Jewels

Nikhaar Jewels Private Limited (NJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 2002 and has a history of 22 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Hassan Gems & Jewellery 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 15.50 Cr and a paid-up capital of Rs 12.93 Cr.

The company currently has active open charges totaling ₹16.00 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nikhaar Jewels Private Limited India is Shilpa Gulani as COMPANY SECRETARY. Syed Hussain, Syed Hussain, Aditya Dugar, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nikhaar.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36912KA2002PTC030712

  • Company No.

    030712

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

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

Executive Team (2)

NameDesignationAppointment DateStatus
Syed Hussain Country flag representing In Managing Director01-Jul-2002Current
Shilpa Gulani Country flag representing In Company Secretary28-Jul-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Syed Hussain Country flag representing In Director 01-Jul-2002Current
Aditya Dugar Country flag representing In Director 14-Aug-2009Current
Urish Chhajed Director 20-Jun-2024Current

Financial Performance of Nikhaar Jewels.

Nikhaar Jewels Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 26.64% increase. The company also saw a substantial improvement in profitability, with a 121.48% increase in profit. The company's net worth moved up by a moderate rise of 3.25%.

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
26.64%
Revenue from Operations
26.64%
Total Assets
0.24%
Profit or Loss
121.48%
Net Worth
3.25%
EBITDA
56.86%

What is the Ownership and Shareholding Structure of Nikhaar Jewels?

In 2024, Nikhaar Jewels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.00 Cr

Satisfied Charges

₹20.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Aug 2021Hdfc Bank Limited₹16.00 CrOpen
04 Sep 2018Others₹7.00 CrSatisfied
31 Jul 2015Standard Chartered Bank₹3.00 CrSatisfied
22 Jul 2013Standard Chartered Bank₹10.00 CrSatisfied

How Many Employees Work at Nikhaar Jewels?

Nikhaar Jewels has a workforce of 48 employees as of Jan 25, 2025. 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 Nikhaar 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 Nikhaar 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 Nikhaar Jewels

Recent activity within the organization

  • Annual General Meeting

    Nikhaar Jewels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 07 Aug 2021 with Charge ID 100473911 was modified on 06 Sep 2024.

    06 Sep 2024

  • Director Appointment

    Urish Chhajed was appointed as a Director was appointed as a Director on 20 Jun 2024 & has been associated with this company since 8 months 3 days .

    20 Jun 2024

  • Balance Sheet

    Nikhaar Jewels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Shilpa Gulani was appointed as a Company Secretary was appointed as a Company Secretary on 28 Jul 2023 & has been associated with this company since 1 year 6 months .

    28 Jul 2023

  • Charges

    A charge registered on 04 Sep 2018 via Charge ID 100248100 with Others was fully satisfied on 06 Sep 2021.

    06 Sep 2021

Frequently asked questions

  • Nikhaar Jewels Private Limited was incorporated on 01 Jul 2002.

  • The authorized share capital of Nikhaar Jewels Private Limited is ₹ 15.50 Cr and paid-up capital is ₹ 12.93 Cr.

  • Currently 5 directors are associated with Nikhaar Jewels Private Limited.

    • Syed Ibne Hussain
    • Syed Mazhar Hussain
    • Aditya Dugar
    • Urish Chhajed
    • Shilpa Gulani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nikhaar Jewels Private Limited is No.10/2 10/4 Lalbagh Roadrichmond Circle India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Nikhaar Jewels Private Limited is U36912KA2002PTC030712 and the company number is 030712 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nikhaar Jewels Private Limited is https://www.nikhaar.net

  • According to the financial reports for the fiscal year 2024, the revenue trend for Nikhaar Jewels Private Limited has risen by 26.64%.

  • As Per 2024 financial reports, 48 employees are currently employed by Nikhaar Jewels Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Nikhaar Jewels Private Limited has experienced an upsurge of 3.25%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Nikhaar Jewels Private Limited amount to ₹ 16.00 Cr.

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

Similar Companies Based on Jewelry & Gemstone Retail & Distribution