Shashvat Jewels Private Limited

Manufactures and trades diamond studded gold jewelry with multiple branch offices.

2006 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Shashvat Jewels Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.88 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.65 Cr
  • Satisfied Charges ₹ 38.84 Cr
  • Revenue Growth 40.91%
  • Profit Growth 110.61%
  • Ebitda 35.14%
  • Net Worth 47.98%
  • Total Assets 13.26%

About Shashvat Jewels

Shashvat Jewels Private Limited (SJPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 May 2006 and has a history of 18 years and eight months. Its registered office is in Surat, Gujarat, 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 6.00 Cr and a paid-up capital of Rs 4.88 Cr.

The company currently has active open charges totaling ₹47.65 Cr. The company has closed loans amounting to ₹38.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Piyushbhai Sadhani and Mansukhlal Sadhani serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shashvatjewels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27205GJ2006PTC048367

  • Company No.

    048367

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2006

  • Date of AGM

    28 Mar 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Shashvat Jewels Private Limited offer?

Shashvat Jewels Private Limited offers a wide range of products and services, including Bangles, Bracelets & Anklets, Fashion Bracelets, Precious Stones & Gemstone Jewelry, Precious Ring & Semi Precious Ring, Semi Precious Bracelet, Artificial, Stone and Metal Earrings, Fashion Earrings, Diamonds & Diamond Jewels, Diamond, Diamond Jewelry.

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

Board Members (2)

Name Designation Appointment Date Status
Piyushbhai Sadhani Country flag representing In Whole-Time Director 31-May-2006 Current
Mansukhlal Sadhani Country flag representing In Whole-Time Director 31-May-2006 Current

Financial Performance of Shashvat Jewels.

Shashvat Jewels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.91% increase. The company also saw a substantial improvement in profitability, with a 110.61% increase in profit. The company's net worth Soared by an impressive increase of 47.98%.

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
40.91%
Revenue from Operations
39.61%
Total Assets
13.26%
Profit or Loss
110.61%
Net Worth
47.98%
EBITDA
35.14%

What is the Ownership and Shareholding Structure of Shashvat Jewels?

In 2023, Shashvat 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

₹47.65 Cr

Satisfied Charges

₹38.84 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.00 Cr
  • Others : 22.65 Cr

Latest Charge Details

Date Lender Amount Status
21 Jun 2024 Others ₹3.49 Cr Open
19 Mar 2024 Others ₹19.16 Cr Open
13 Sep 2023 Hdfc Bank Limited ₹25.00 Cr Open
03 Nov 2021 Others ₹5.00 Cr Satisfied
11 Dec 2019 Bank Of India ₹6.40 M Satisfied

How Many Employees Work at Shashvat Jewels?

Shashvat Jewels has a workforce of 85 employees as of Apr 07, 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 Shashvat 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 Shashvat 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 Shashvat Jewels

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 3.49 Cr with Charge ID 100937165 was registered on 21 Jun 2024.

    21 Jun 2024

  • Annual General Meeting

    Shashvat Jewels Private Limited last Annual general meeting of members was held on 28 Mar 2024 as per latest MCA records.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 19.16 Cr with Charge ID 100899361 was registered on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge registered on 11 Dec 2019 via Charge ID 100311472 with Bank Of India was fully satisfied on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge registered on 19 May 2015 via Charge ID 10574206 with Bank Of India was fully satisfied on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge registered on 30 Aug 2014 via Charge ID 10522097 with Bank Of India was fully satisfied on 20 Feb 2024.

    20 Feb 2024

Frequently asked questions

  • Shashvat Jewels Private Limited was incorporated on 31 May 2006.

  • The authorized share capital of Shashvat Jewels Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.88 Cr.

  • Currently 2 directors are associated with Shashvat Jewels Private Limited.

    • Piyushbhai Mansukhbhai Sadhani
    • Mansukhlal Bhuralal Sadhani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shashvat Jewels Private Limited is 6/1468 Saswat House Kansara Street Mahinderpura India, Surat, Gujarat, 395003.

  • The corporate identification number (CIN) of Shashvat Jewels Private Limited is U27205GJ2006PTC048367 and the company number is 048367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shashvat Jewels Private Limited is https://www.shashvatjewels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shashvat Jewels Private Limited has risen by 40.91%.

  • As Per 2023 financial reports, 85 employees are currently employed by Shashvat Jewels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shashvat Jewels Private Limited has experienced an upsurge of 47.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shashvat Jewels Private Limited amount to ₹ 47.65 Cr.

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

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