Gandharv Gems Private Limited
About Gandharv Gems Private Limited
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Gandharv Gems Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 12 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2014PTC080765. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Kumar Tejai Ram Saroj and Pankaj Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 6/1821 3rd Floor Bhojabhai No. Tekro Mahidherpura Surat, Gujarat, India – 395003.
As per the financials filed for FY 2020, the company reported a revenue of ₹47.56 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 0%) and EBITDA of ₹28.3 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 399% over five years.
Court records list 76 cases involving the company, including 2 filed by the company and 74 filed against it; 34 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gandharv Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/1821 3rd Floor Bhojabhai No. Tekro Mahidherpura Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Gandharv 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 Gandharv Gems 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 Gandharv Gems Private Limited, buy the company report.
Financials of Gandharv Gems Private Limited
FY 2020 filings availableGandharv Gems Private Limited reported revenue of ₹47.56 Cr (down 37% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 399%. EBITDA rose 550% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹47.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| 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 Gandharv Gems Private Limited, buy the company report.
Board of directors of Gandharv Gems Private Limited
Gandharv Gems has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Tejai Ram Saroj | Director | 02 Nov 2021 | 5 Years 0 Months | Current |
| Pankaj Kumar | Director | 18 Apr 2017 | 9 Years 6 Months | Current |
| Suresh Singh Also directs: Zhoa Venture Private Limited, Duanphen Trading Private Limited, Keyraj Enterprises Private Limited and 5 more | Director | 04 Nov 2022 | 4 Years 0 Months | Current |
| Jitendra Singh Lunawat Also directs: Instant Dealing LLP, Nevaki Enterprises Private Limited | Director | 12 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Gandharv Gems Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Jaiswal Churi Sansar Jewellers Private Limited | ₹47.76 Cr (FY 2025) | 100.0% | Meerut, Uttar Pradesh, India | |||
| Kohinoor Eximtex Private Limited | ₹47.6 Cr (FY 2016) | 10.0% | Navi Mumbai, Maharashtra, India | |||
| Gandharv Gems Private Limitedthis company | ₹47.56 Cr (FY 2020) | ₹1.57 Lakh | 0% | -37.0% | Surat, Gujarat, India | |
| Mallesh Diamonds Private Limited | ₹47.49 Cr (FY 2025) | -24.0% | Surat, Gujarat, India | |||
| Shantikiran Jewelers Private Limited | ₹47.15 Cr (FY 2025) | 66.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Gandharv Gems Private Limited, buy the company report.
Auditor
Gandharv Gems Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2020 | 128216W |
Shareholding
The shareholding of Gandharv Gems Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gandharv Gems Private Limited, buy the company report.
Legal cases
Gandharv Gems Private Limited has 76 court cases on record: 2 filed by Gandharv Gems, 74 filed against it. 34 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 74 | 74 | 32 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Court case (Money Laundering) | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Pending |
To see the full case history of Gandharv Gems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gandharv Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gandharv Gems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gandharv Gems Private Limited, buy the company report.
Recent activity
Gandharv Gems Private Limited has 14 board changes on record since 2014: 4 appointments and 10 cessations. The latest: Sagar Lakhu More ceased to be Director on 04 Nov 2022.
5 earlier events are in the company report.
Frequently asked questions
Gandharv Gems is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 12 September 2014 (12+ years old) and is registered under CIN U36912GJ2014PTC080765.
Gandharv Gems has 4 current directors:
- Ramesh Kumar Tejai Ram Saroj - Director
- Pankaj Kumar - Director
- Suresh Singh - Director
- Jitendra Singh Lunawat - Director
The latest financial statements of Gandharv Gems on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Gandharv Gems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Gandharv Gems is U36912GJ2014PTC080765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gandharv Gems has 76 court cases on record: 2 filed by the company and 74 filed against it. 34 are pending. Most are in the district courts.
Gandharv Gems was incorporated on 12 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gandharv Gems by revenue are Jaiswal Churi Sansar Jewellers Private Limited, Kohinoor Eximtex Private Limited, Mallesh Diamonds Private Limited, Shantikiran Jewelers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Sagar Lakhu More ceased to be Director on 04 Nov 2022. Suresh Singh was appointed as Director on 04 Nov 2022. Avinash Kumar Vishwakarma ceased to be Director on 02 Nov 2021. Gandharv Gems has 14 board changes on record in total.
The registered office of Gandharv Gems is at 61821 3rd Floor Bhojabhai No. Tekro Mahidherpura Surat, Gujarat, India – 395003.
Gandharv Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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