About Gemex Ion India Private Limited
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Gemex Ion India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It was incorporated on 22 February 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46493MH2023PTC398264. Its GSTIN is 27AAKCG3009J1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Urmil Suryakant Shah and Mehul Pravin Savla.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.97 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹23.37 Lakh (net margin -66.8%) and EBITDA of -₹22.11 Lakh (EBITDA margin -63.2%).
For more details, the company can be reached via its website gemex.com.
Company details
Contact details
Gemex Ion India Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressUnit – 613 B Wing Kanakia Wall Street, A.K.Road, Mumbai, Maharashtra, India – 400093
- 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 Gemex Ion India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Gemex Ion India Private Limited, buy the company report.
Financials of Gemex Ion India Private Limited
FY 2025 filings availableGemex Ion India Private Limited reported revenue of ₹34.97 Lakh (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year. EBITDA fell 165% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹22.11 Lakh | ||
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| Net Profit (PAT) | -₹23.37 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | -63.2% | ||
| Net Profit Margin | -66.8% | ||
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To see the full financial statements and ratios of Gemex Ion India Private Limited, buy the company report.
Board of directors of Gemex Ion India Private Limited
Gemex Ion India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urmil Suryakant Shah Also directs: Diamond Administration India Private Limited | Director | 22 Feb 2023 | 3 Years 8 Months | Current |
| Mehul Pravin Savla Also directs: Diamond Administration India Private Limited | Director | 22 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Gemex Ion India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sayam Maintenance Solutions (India) Private Limited | ₹35.16 Lakh (FY 2021) | -80.0% | Theni, Tamil Nadu, India | |||
| Zoik Water India Private Limited | ₹35.14 Lakh (FY 2024) | 56.0% | Gurugram, Haryana, India | |||
| Shri Guru Kripa Aabhushan Private Limited | ₹35.1 Lakh (FY 2023) | -27.0% | Delhi, India | |||
| VC Ocean Engineering and Consultancy Private Limited | ₹35 Lakh (FY 2018) | -9.0% | Chennai, Tamil Nadu, India | |||
| Envent Industries Private Limited | ₹34.98 Lakh (FY 2025) | 559.0% | Kolkata, West Bengal, India | |||
| Gemex Ion India Private Limitedthis company | ₹34.97 Lakh (FY 2025) | -₹23.37 Lakh | -66.8% | -79.0% | Mumbai, Maharashtra, India | |
| Cadential Technologies Private Limited | ₹34.93 Lakh (FY 2016) | -35.0% | Bangalore, Karnataka, India | |||
| SSK Gems Private Limited | ₹34.92 Lakh (FY 2024) | 2.0% | Lucknow, Uttar Pradesh, India | |||
| Ray Optics Source Private Limited | ₹34.91 Lakh (FY 2025) | 1782.0% | Hyderabad, Telangana, India | |||
| Kartar Engineering Works India Private Limited | ₹34.88 Lakh (FY 2024) | 50.0% | New Delhi, Delhi, India | |||
| Lakshmi Inks (Karaikal) Private Limited | ₹34.86 Lakh (FY 2020) | -75.0% | Karaikal, Puducherry, India |
To see the full peer comparison of Gemex Ion India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gemex Ion 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 Gemex Ion India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gemex Ion India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCG3009J1ZK | Maharashtra | Active | 13 Mar 2023 |
To see the full GST registrations and return filing status of Gemex Ion India Private Limited, buy the company report.
Recent activity
Gemex Ion India Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Mehul Pravin Savla was appointed as Director on 22 Feb 2023.
Frequently asked questions
Gemex Ion India is an active private limited company based in Mumbai, Maharashtra, India. It was incorporated on 22 February 2023 (3+ years old) and is registered under CIN U46493MH2023PTC398264.
Gemex Ion India has 2 current directors:
- Urmil Suryakant Shah - Director
- Mehul Pravin Savla - Director
The latest financial statements of Gemex Ion 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 FY 2023 are in the company report.
The GSTIN of Gemex Ion India is 27AAKCG3009J1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gemex Ion India is U46493MH2023PTC398264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemex Ion India was incorporated on 22 February 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gemex Ion India by revenue are Sayam Maintenance Solutions (India) Private Limited, Zoik Water India Private Limited, Shri Guru Kripa Aabhushan Private Limited, VC Ocean Engineering and Consultancy Private Limited, Envent Industries Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Mehul Pravin Savla was appointed as Director on 22 Feb 2023. Urmil Suryakant Shah was appointed as Director on 22 Feb 2023.
Gemex Ion India can be reached through the website gemex.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gemex Ion India is at Unit – 613 B Wing Kanakia Wall Street, A.K.Road, Mumbai, Maharashtra, India – 400093.
Gemex Ion India is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.