Prakarsh Gems & Jewels Private Limited
About Prakarsh Gems & Jewels Private Limited
Data last updated:
Prakarsh Gems & Jewels Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 22 October 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36934GJ2012PTC072425. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Piyush Jain and Rajkumar Deepak Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 210 Suparsva Building 1376 Ab 1377 Thobha Sheri Mahidharpura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2017, the company reported a revenue of ₹71.22 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹2.49 Lakh (net margin 0%) and EBITDA of ₹3.71 Lakh (EBITDA margin 0.1%).
Company details
Contact details
Prakarsh Gems & Jewels Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address210 Suparsva Building 1376 Ab 1377 Thobha Sheri Mahidharpura, Surat, Gujarat, India – 395003
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Prakarsh Gems & Jewels 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 Prakarsh Gems & Jewels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prakarsh Gems & Jewels Private Limited, buy the company report.
Financials of Prakarsh Gems & Jewels Private Limited
FY 2017 filings availablePrakarsh Gems & Jewels Private Limited reported revenue of ₹71.22 Cr (down 46% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA fell 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹71.22 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.71 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.49 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.1% | ||
| Net Profit Margin | 0% | ||
| 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 Prakarsh Gems & Jewels Private Limited, buy the company report.
Board of directors of Prakarsh Gems & Jewels Private Limited
Prakarsh Gems & Jewels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Jain | Director | 16 Jan 2014 | 12 Years 9 Months | As last reported |
| Rajkumar Deepak Agarwal Also directs: Creative Diamond Private Limited, Kamal Diamonds Private Limited | Director | 04 Jan 2017 | 9 Years 10 Months | As last reported |
| Mayur Asheshabhai Joshi | Director | 16 Jan 2014 | 12 Years 9 Months | As last reported |
Peer comparison
Prakarsh Gems & Jewels Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sachin Health Care Private Limited | ₹71.33 Cr (FY 2022) | 47.0% | Surat, Gujarat, India | |||
| Neeraj Camellia Private Limited | ₹71.26 Cr (FY 2024) | 21.0% | Raipur, Chhattisgarh, India | |||
| Parshva Medicare Private Limited | ₹71.24 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Geeta Laboratories Private Limited | ₹71.23 Cr (FY 2024) | -6.0% | Mumbai, Maharashtra, India | |||
| C. Lal Marketing Private Limited | ₹71.23 Cr (FY 2024) | 7.0% | Ambala, Haryana, India | |||
| Prakarsh Gems & Jewels Private Limitedthis company | ₹71.22 Cr (FY 2017) | ₹2.49 Lakh | 0% | -46.0% | Surat, Gujarat, India | |
| Medybiz Pharma Private Limited | ₹71.22 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Sanyam Sales Private Limited | ₹71.2 Cr (FY 2023) | 1037486.0% | Kolkata, West Bengal, India | |||
| Supreme Audiotek Private Limited | ₹71.19 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Ashirwad Oils Private Limited. | ₹71.17 Cr (FY 2025) | -34.0% | New Delhi, Delhi, India |
To see the full peer comparison of Prakarsh Gems & Jewels Private Limited, buy the company report.
Auditor
Prakarsh Gems & Jewels Private Limited is audited by PARAS JAIN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARAS JAIN & CO. | FY 2017 | 123685W |
Shareholding
The shareholding of Prakarsh Gems & Jewels 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 Prakarsh Gems & Jewels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prakarsh Gems & Jewels 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 Prakarsh Gems & Jewels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prakarsh Gems & Jewels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prakarsh Gems & Jewels Private Limited, buy the company report.
Recent activity
Prakarsh Gems & Jewels Private Limited has 7 board changes on record since 2014: 3 appointments and 4 cessations. The latest: Mayur Asheshabhai Joshi ceased to be Director on 08 Feb 2018.
Frequently asked questions
Prakarsh Gems & Jewels has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prakarsh Gems & Jewels was a private limited company based in Surat, Gujarat, India. The company worked in wholesale, within the trading industry. It was incorporated on 22 October 2012 and is registered under CIN U36934GJ2012PTC072425. The company has been struck off by the Registrar of Companies and is no longer operational.
Prakarsh Gems & Jewels had 3 directors:
- Piyush Jain - Director
- Rajkumar Deepak Agarwal - Director
- Mayur Asheshabhai Joshi - Director
The CIN (Corporate Identification Number) of Prakarsh Gems & Jewels is U36934GJ2012PTC072425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prakarsh Gems & Jewels is at 210 Suparsva Building 1376 Ab 1377 Thobha Sheri Mahidharpura, Surat, Gujarat, India – 395003.
Prakarsh Gems & Jewels was incorporated on 22 October 2012. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Prakarsh Gems & Jewels on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Prakarsh Gems & Jewels has 1 GST registration on record and it is cancelled or inactive.
Prakarsh Gems & Jewels operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Prakarsh Gems & Jewels by revenue are Sachin Health Care Private Limited, Neeraj Camellia Private Limited, Parshva Medicare Private Limited, Geeta Laboratories Private Limited, C. Lal Marketing Private Limited and 4 more, all in the same principal business activity (wholesale trading).
Mayur Asheshabhai Joshi ceased to be Director on 08 Feb 2018. Rajkumar Deepak Agarwal ceased to be Director on 08 Feb 2018. Rajkumar Deepak Agarwal was appointed as Director on 04 Jan 2017. Prakarsh Gems & Jewels has 7 board changes on record in total.
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