Nikita Jewellers Private Limited

This company sells a variety of jewelry, including gold, diamond, and platinum, through its showroom and online portal.

1999 | Thane, Maharashtra (India) | Active
Last Updated: July 16, 2024

Nikita Jewellers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.61 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.30 Cr
  • Satisfied Charges ₹ 6.40 Cr
  • Revenue Growth 33.81%
  • Profit Growth 92.27%
  • Ebitda 66.90%
  • Net Worth 15.95%
  • Total Assets 25.78%

About Nikita Jewellers

Nikita Jewellers Private Limited (NJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 September 1999 and has a history of 25 years and four months. Its registered office is in Thane, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.61 Cr.

The company currently has active open charges totaling ₹41.30 Cr. The company has closed loans amounting to ₹6.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratna Bagrecha, Vikas Bagrecha, Chetan Bagrecha, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36911MH1999PTC121838

  • Company No.

    121838

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Nikita Jewellers Private Limited offer?

Nikita Jewellers Private Limited offers a wide range of products and services, including Diamonds & Diamond Jewels, Diamond Rings, Diamond Jewelry, Diamond Nose Pin, Diamond Earring, Diamond Engagement Ring, Diamond Bracelets.

Who are the key members and board of directors at Nikita Jewellers?

Executive Team (1)

Name Designation Appointment Date Status
Suresh Bagrecha Country flag representing In Managing Director 21-Sep-1999 Current

Board Members (3)

Name Designation Appointment Date Status
Vikas Bagrecha Country flag representing In Director 01-Apr-2008 Current
Ratna Bagrecha Country flag representing In Director 01-Apr-2011 Current
Chetan Bagrecha Country flag representing In Director 30-Sep-2002 Current

Financial Performance of Nikita Jewellers.

Nikita Jewellers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.81% increase. The company also saw a substantial improvement in profitability, with a 92.27% increase in profit. The company's net worth Soared by an impressive increase of 15.95%.

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
33.81%
Revenue from Operations
34.00%
Total Assets
25.78%
Profit or Loss
92.27%
Net Worth
15.95%
EBITDA
66.90%

What is the Ownership and Shareholding Structure of Nikita Jewellers?

In 2023, Nikita Jewellers 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

₹41.30 Cr

Satisfied Charges

₹6.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 34.12 Cr
  • Standard Chartered Bank : 6.98 Cr
  • Axis Bank Limited : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
23 Jan 2024 Standard Chartered Bank ₹3.88 Cr Open
03 Jul 2023 Axis Bank Limited ₹2.07 M Open
19 Oct 2022 Others ₹1.39 Cr Open
21 Aug 2020 Others ₹1.53 Cr Open
29 Feb 2016 Standard Chartered Bank ₹3.10 Cr Open

How Many Employees Work at Nikita Jewellers?

Nikita Jewellers has a workforce of 5 employees as of Mar 29, 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 Nikita Jewellers, 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 Nikita Jewellers'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 Nikita Jewellers

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 3.88 Cr with Charge ID 100884703 was registered on 23 Jan 2024.

    23 Jan 2024

  • Annual General Meeting

    Nikita Jewellers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100744481 was registered on 03 Jul 2023.

    03 Jul 2023

  • Balance Sheet

    Nikita Jewellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.39 Cr with Charge ID 100620682 was registered on 19 Oct 2022.

    19 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 1.53 Cr with Charge ID 100373461 was registered on 21 Aug 2020.

    21 Aug 2020

Frequently asked questions

  • Nikita Jewellers Private Limited was incorporated on 21 Sep 1999.

  • The authorized share capital of Nikita Jewellers Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.61 Cr.

  • Currently 4 directors are associated with Nikita Jewellers Private Limited.

    • Ratna Sureshchandra Bagrecha
    • Vikas Sureshchandra Bagrecha
    • Chetan Suresh Bagrecha
    • Suresh Devilalji Bagrecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nikita Jewellers Private Limited is 9 Grain Merchant Coop Socltd Plot No 26/35 Sector No17 Vashi Navi India, Mumbai, Maharashtra, 400703.

  • The corporate identification number (CIN) of Nikita Jewellers Private Limited is U36911MH1999PTC121838 and the company number is 121838 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nikita Jewellers Private Limited is https://www.nikitajewels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nikita Jewellers Private Limited has risen by 33.81%.

  • As Per 2023 financial reports, 5 employees are currently employed by Nikita Jewellers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nikita Jewellers Private Limited has experienced an upsurge of 15.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nikita Jewellers Private Limited amount to ₹ 41.30 Cr.

  • The most recent Balance Sheet for Nikita Jewellers Private Limited was filed with the ROC on 31 Mar 2023.