Aditya Findings Private Limited: Company Profile

Background

Company Overview

Aditya Findings Private Limited is a private limited company incorporated on October 19, 2007, in Mumbai, Maharashtra, India. The company is primarily engaged in the manufacturing and wholesale distribution of gold and silver jewelry. It operates under the Corporate Identification Number (CIN) U52393MH2007PTC175217 and is registered with the Registrar of Companies, Mumbai.

Mission and Vision

While specific mission and vision statements are not publicly disclosed, Aditya Findings Private Limited is committed to delivering high-quality jewelry products, ensuring customer satisfaction, and maintaining ethical business practices.

Industry Significance

As a player in the jewelry manufacturing sector, Aditya Findings contributes to the vibrant and competitive Indian jewelry industry, catering to both domestic and international markets.

Key Strategic Focus

Core Objectives

Product Quality: Ensuring the production of high-quality gold and silver jewelry.

Market Expansion: Expanding its presence in domestic and international markets.

Customer Satisfaction: Focusing on customer satisfaction through quality products and services.

Areas of Specialization

Gold and Silver Jewelry Manufacturing: Specializing in the design and production of various jewelry items.

Wholesale Distribution: Supplying products to retailers and other businesses.

Key Technologies Utilized

The company employs advanced manufacturing techniques and quality control processes to ensure the precision and durability of its jewelry products.

Primary Markets

Domestic Market: Serving various regions within India.

International Market: Exporting products to countries such as the United Arab Emirates.

Financials and Funding

Capital Structure

Authorized Capital: ₹8.00 Crores

Paid-Up Capital: ₹6.64 Crores

Financial Performance

For the financial year ending March 31, 2024, Aditya Findings Private Limited reported:

Total Revenue: ₹47.49 Crores

Net Profit: ₹8.52 Crores

Net Worth: ₹85.18 Crores

Funding History

The company has secured funding through various financial institutions, including:

State Bank of India: ₹30.00 Crores

SIDBI: ₹8.53 Crores

Yes Bank Limited: ₹8.36 Crores

HDFC Bank Limited: ₹0.60 Crores

Utilization of Capital

The raised capital is primarily utilized for:

Operational Expansion: Enhancing manufacturing capabilities.

Market Penetration: Expanding into new markets.

Product Development: Investing in new product lines and designs.

Pipeline Development

Product Development

Aditya Findings Private Limited continually develops new jewelry designs and collections to meet market demands and customer preferences.

Market Expansion

The company is focused on expanding its market presence both domestically and internationally, particularly in regions with a high demand for quality jewelry.

Technological Platform and Innovation

Proprietary Technologies

The company employs advanced manufacturing techniques to ensure the precision and durability of its jewelry products.

Scientific Methods

Utilizing quality control processes to maintain high standards in product manufacturing.

Leadership Team

Key Executives

Parag Navinbhai Shah: Director since October 19, 2007.

Apurva Pankaj Shah: Director since March 31, 2017.

Jimish Pankajbhai Shah: Director since February 4, 2021.

Professional Backgrounds

Parag Navinbhai Shah: Brings extensive experience in the jewelry manufacturing industry.

Apurva Pankaj Shah: Contributes to strategic planning and market expansion initiatives.

Jimish Pankajbhai Shah: Focuses on operational efficiency and product development.

Key Contributions

Parag Navinbhai Shah: Instrumental in establishing and growing the company.

Apurva Pankaj Shah: Led efforts in expanding the company's market reach.

Jimish Pankajbhai Shah: Enhanced manufacturing processes and product quality.

Competitor Profile

Market Insights and Dynamics

The Indian jewelry industry is characterized by a large number of manufacturers and wholesalers, with a growing demand for quality products both domestically and internationally.

Competitor Analysis

Key competitors in the industry include:

Grt Jewellers (India) Private Limited

Senco Gold Ltd.

Mahendra Brothers Exports Private Limited

Sjs Gold Private Limited

Asian Star Company Ltd.

These companies offer a range of jewelry products and have established market presence.

Strategic Collaborations and Partnerships

Memberships

Aditya Findings Private Limited is a member of the Responsible Jewellery Council, reflecting its commitment to ethical practices in the jewelry industry.

Operational Insights

Strategic Considerations

The company focuses on maintaining high product quality, expanding its market presence, and ensuring customer satisfaction to stay competitive in the industry.