First King Gems Private Limited
About First King Gems Private Limited
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First King Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 02 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC214272. Its GSTIN is 27AABCF7515R1Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.1 Lakh. It is led by directors Vatsal Babriya and Viddhi Sandeep Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/2 Bldg. No. 62 L. T. Apts Sai B Opp Society Office Borivali West, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.86 Lakh (net margin -1%) and EBITDA of -₹71,342 (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
First King Gems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC/2 Bldg. No. 62 L. T. Apts Sai B Opp Society Office Borivali West, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of First King Gems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of First King Gems is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of First King Gems Private Limited, buy the company report.
Financials of First King Gems Private Limited
FY 2025 filings availableFirst King Gems Private Limited reported revenue of ₹1.81 Cr (up 186% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 186% growth in the latest year. EBITDA fell 305% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹71,342 | ||||
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| Net Profit (PAT) | -₹1.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -1% | ||||
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To see the full financial statements and ratios of First King Gems Private Limited, buy the company report.
Board of directors of First King Gems Private Limited
First King Gems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsal Babriya | Additional Director | 10 Jul 2025 | 1 Years 3 Months | Current |
| Viddhi Sandeep Mehta | Additional Director | 10 Jul 2025 | 1 Years 3 Months | Current |
Auditor
First King Gems Private Limited is audited by H R J & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H R J & ASSOCIATES | FY 2018 | 138235W |
Shareholding
The shareholding of First King Gems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of First King Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving First King Gems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for First King Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
First King Gems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF7515R1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First King Gems Private Limited, buy the company report.
Recent activity
First King Gems Private Limited has 9 board changes on record since 2013: 4 appointments and 5 cessations. The latest: Kirtikumar Himmatlal Shah ceased to be Director on 10 Jul 2025.
Frequently asked questions
First King Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 02 March 2011 (15+ years old) and is registered under CIN U74999MH2011PTC214272.
First King Gems has 2 current directors:
- Vatsal Babriya - Additional Director
- Viddhi Sandeep Mehta - Additional Director
The latest financial statements of First King Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First King Gems is 27AABCF7515R1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of First King Gems is U74999MH2011PTC214272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First King Gems was incorporated on 02 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Kirtikumar Himmatlal Shah ceased to be Director on 10 Jul 2025. Niketa Kirtikumar Shah ceased to be Director on 10 Jul 2025. Vatsal Babriya was appointed as Additional Director on 10 Jul 2025. First King Gems has 9 board changes on record in total.
The registered office of First King Gems is at C2 Bldg. No. 62 L. T. Apts Sai B Opp Society Office Borivali West, Mumbai, Maharashtra, India – 400092.
First King Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of First King Gems is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.