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Source: SEBI
Momai Art Limited is a Mumbai-based manufacturer specializing in lightweight gold jewellery. The company transitioned from a proprietorship to a private limited entity in 2025 and operates a vertically integrated facility with an installed capacity of approximately 3,000 kg of gold per annum. It offers a diverse portfolio of over 14,000 designs, including specialized Meenakari jewellery.
The Indian gems and jewellery industry is valued at around ₹9,998.17 billion and is expected to grow significantly, driven by increasing disposable incomes and changing consumer preferences. The shift towards organized retail and the expansion of the Meenakari jewellery market present additional growth opportunities.