Gem Soul India Private Limited
About Gem Soul India Private Limited
Data last updated:
Gem Soul India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 03 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2003PTC143354. Its GSTIN is 27AAACU6569R1ZD (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Parimal Chandrakant Zaveri and Nita Parimalbhai Zaveri.
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 14/B Laxmi Estate Old Nagardas Road Andheri – East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.86 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹75,552 (net margin -7%) and EBITDA of ₹2.08 Lakh (EBITDA margin 19.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gem Soul India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14/B Laxmi Estate Old Nagardas Road Andheri – East, Mumbai, Maharashtra, India – 400069
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Gem Soul India 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 Gem Soul India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Gem Soul India Private Limited, buy the company report.
Financials of Gem Soul India Private Limited
FY 2025 filings availableGem Soul India Private Limited reported revenue of ₹10.86 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 92% fall in the latest year. EBITDA fell 86% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹75,552 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | -7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gem Soul India Private Limited, buy the company report.
Board of directors of Gem Soul India Private Limited
Gem Soul India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parimal Chandrakant Zaveri | Director | 03 Dec 2003 | 22 Years 11 Months | Current |
| Nita Parimalbhai Zaveri Also directs: Vishvaparaina Realtors Private Limited | Director | 03 Dec 2003 | 22 Years 11 Months | Current |
Peer comparison
Gem Soul India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khadikottage (OPC) Private Limited | ₹10.87 Lakh (FY 2018) | 133.0% | Patna, Bihar, India | |||
| Inovocare Healthsoft Solutions Private Limited | ₹10.86 Lakh (FY 2025) | -65.0% | Kolkata, West Bengal, India | |||
| Moonview Realcon Private Limited | ₹10.86 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Medrocket Pharmaceuticals Private Limited | ₹10.86 Lakh (FY 2023) | -18.0% | Thanjavur, Tamil Nadu, India | |||
| Bringhton Healthcare Private Limited | ₹10.86 Lakh (FY 2020) | 22.0% | Chandigarh, India | |||
| Gem Soul India Private Limitedthis company | ₹10.86 Lakh (FY 2025) | -₹75,552 | -7% | -92.0% | Mumbai, Maharashtra, India | |
| Marka Care Private Limited | ₹10.85 Lakh (FY 2025) | 2395.0% | Mumbai, Maharashtra, India | |||
| Subh Syawani Rural Farmer Producer Company Limited | ₹10.85 Lakh (FY 2024) | 181.0% | Tikamgarh, Madhya Pradesh, India | |||
| Aprowin Pharmaceuticals Private Limited | ₹10.85 Lakh (FY 2025) | -11.0% | Raigarh, Maharashtra, India | |||
| First Call Packers and Movers Private Limited | ₹10.85 Lakh (FY 2018) | 276.0% | Vadodara, Gujarat, India | |||
| Tru Value Solar Private Limited | ₹10.85 Lakh (FY 2024) | -87.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Gem Soul India Private Limited, buy the company report.
Auditor
Gem Soul India Private Limited is audited by P.G.THAKKAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.G.THAKKAR & CO. | FY 2017 | 042022 |
Shareholding
The shareholding of Gem Soul India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gem Soul India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gem Soul India 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 Gem Soul India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gem Soul India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU6569R1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gem Soul India Private Limited, buy the company report.
Recent activity
Gem Soul India Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Harshil Parimal Zaveri ceased to be Director on 01 Dec 2024.
Frequently asked questions
Gem Soul India is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 03 December 2003 (23+ years old) and is registered under CIN U36910MH2003PTC143354.
Gem Soul India has 2 current directors:
- Parimal Chandrakant Zaveri - Director
- Nita Parimalbhai Zaveri - Director
The latest financial statements of Gem Soul India 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 Gem Soul India is 27AAACU6569R1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gem Soul India is U36910MH2003PTC143354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Soul India was incorporated on 03 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gem Soul India by revenue are Khadikottage (OPC) Private Limited, Inovocare Healthsoft Solutions Private Limited, Moonview Realcon Private Limited, Medrocket Pharmaceuticals Private Limited, Bringhton Healthcare Private Limited and 5 more, all in the same principal business activity (retail trading).
Harshil Parimal Zaveri ceased to be Director on 01 Dec 2024. Vismay Parimal Zaveri ceased to be Additional Director on 30 Sep 2010. Nita Parimalbhai Zaveri was appointed as Director on 03 Dec 2003. Gem Soul India has 4 board changes on record in total.
The registered office of Gem Soul India is at 14B Laxmi Estate Old Nagardas Road Andheri – East, Mumbai, Maharashtra, India – 400069.
Gem Soul India operates in the musical instruments industry, in the jewellery segment.
The compliance status of Gem Soul India is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
