- CEO
- Akshay Seventilal Mehta
- Full Time Employees
- 15
- Sector
- Consumer durables
- Industry
- Other consumer specialties
- Address
- 413/1 Kalp Bhakti House Ahmedabad GU India 380009
- IPO Date
- May 30, 2017
- Business
- Bhakti Gems and Jewellery Limited is an India-based integrated manufacturer and wholesaler specializing in branded jewelry and ornaments. The company’s product portfolio encompasses a diverse range of gold jewelry including rings, bracelets, necklaces, ear chains, earrings, pendants, chains, mangalsutras, zuda, toe rings, anklets, and bangles. It offers gold jewelry with or without studded precious and semi-precious stones such as diamonds, rubies, cubic zirconia, American diamonds, kundan, and gemstones. The company caters to traditional, modern, and Indo-Western tastes and designs its jewelry to meet the regional diversity of preferences across India. Its manufacturing is primarily undertaken on a job work basis with production centers located in Ahmedabad, Rajkot, and Mumbai. The company sources raw gold mainly from the bullion market and other materials like kundan and gemstones from local suppliers. Headquartered in Ahmedabad, Gujarat, Bhakti Gems and Jewellery Limited was incorporated in 2010.
In the last one to two years, Bhakti Gems and Jewellery Limited has demonstrated significant operational growth with a notable increase in net sales across various quarters in 2024 and 2025. The company has focused on strategic corporate governance by appointing experienced directors to enhance compliance and operational expertise. Recent corporate actions include discussions on potential fund-raising proposals involving equity shares, convertibles, and issuance methods such as follow-on public offers (FPO), rights issues, and qualified institutional placements (QIP). Additionally, the company has explored name changes and consolidation efforts to expand market reach and improve shareholder value. Bhakti Gems has reinforced its commitment to client satisfaction by maintaining certified quality standards for its jewelry offerings.
The company operates primarily in the Indian domestic market, supplying to major customers including well-known jewelry retailers such as Kalyan Jewellers India Ltd and other regional partners. Its business model combines manufacturing, wholesaling, and trading of precious metals and jewelry products tailored to diverse consumer segments. Bhakti Gems and Jewellery Limited continues to expand its market presence through strategic alliances and by leveraging its design capabilities focused on traditional and contemporary jewelry styles.
This comprehensive operational and strategic focus positions Bhakti Gems and Jewellery Limited as an established player in the Indian gems and jewelry sector, serving a broad spectrum of customers with a distinct blend of traditional craftsmanship and modern designs attuned to evolving market demands.
References included are drawn from the latest company data, news on financial results, corporate governance updates, product descriptions, and market positioning details as of late 2025.