What we do Amanaya Ventures Ltd trades 24 carat gold, silver bars, and antique jadau jewellery in India, serving B2B and B2C customers mainly in jewelry manufacturing and wholesale. |
Founded in 2,009 |
Market share Recognized bullion trader and member of leading Indian bullion and jewellery associations; established presence in precious metals trading. |
Problem solved Facilitates spot buying and selling of gold and silver, ensuring reliable supply to jewellers, goldsmiths, and ornament manufacturers across India. |
Top clients or who we serve Jewellers, goldsmiths, ornament manufacturers, semi-wholesalers, and individual customers; B2B and B2C segments. |
Key management Mrs. Rajni Mahajan (Managing Director), Mr. Manan Mahajan (Whole Time Director & CFO) - experienced leadership in finance and operations. |
Our journey and innovations Incorporated in 2009; became public company in 2015; merged Midland Services Ltd in 2019; raised Rs 2.76 crore IPO in 2023; expanded product offerings. |
Where we operate Primarily India with focus on Amritsar and other domestic regions; exports contributing to foreign earnings. |
Top products or what we offer 24 carat gold bars, silver bars, antique jadau jewellery manufactured in Amritsar. |
Top brands Amanaya branded gold and silver bullion; Antique Jadau Jewellery - key revenue drivers in respective categories. |
Raw materials needed Gold, silver, precious metals from recognized suppliers. |
Raw materials supplier Not specified; likely sourced from Indian and international bullion markets. |
Recurring vs cyclical contribution Revenue primarily from spot trading, which is cyclical based on market demand and gold prices. |
Our industry position Well-positioned bullion trader with SME platform listing on BSE; member of Indian Bullion and Jewellers Association. |
Financial highlights FY 2024-25 revenue Rs 395.2 crore; net profit Rs 2.9 crore; showing profitable growth year-over-year. |
Geographical revenue split Majority domestic with Rs 9.8 million foreign exchange earnings through exports. |
Order book - |
Whats driving growth Gold and silver demand, expansion in antique jewellery segment, merger benefits, and capital raised via IPO. |
Our future plans Focus on core trading business expansion with improved operational efficiencies and enhanced product portfolio. |
Our green promise Energy conservation efforts include LED lighting; no significant alternate energy sources employed. |
Our people and values Engaged workforce focused on transparency, talent retention, and internal development programs. |
Key challenges ahead Market volatility in precious metals, profit margin pressures, and regulatory compliances. |
Interesting facts Merged Midland Services Ltd in 2019; voluntarily adopted Indian Accounting Standards; active in whistleblower policy implementation. |
Risks and strategy Price fluctuation risks mitigated by risk management framework; strategy emphasizes core bullion trading and market expansion. |
