About Gem Corpochem Private Limited
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Gem Corpochem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 07 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24297MH2013PTC239402. Its GSTIN is 27AAFCG0324B1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.01 Cr. It is led by directors including Kinjal Vivek Mehta and Bharat Kantilal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at R.39 40 41; 3rd Floor Plot 56 Ashok Chamber Devji Ratanshi Marg Chinchbunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹323.62 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹9.99 Cr (net margin 3.1%) and EBITDA of ₹15.35 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.7 Cr and satisfied charges of ₹6.44 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemcorp.in.
Company details
Contact details
Gem Corpochem Private Limited's registered office is in Mumbai, Maharashtra. Its website is gemcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR.39 40 41; 3rd Floor Plot 56 Ashok Chamber Devji Ratanshi Marg Chinchbunder, Mumbai, Maharashtra, India – 400009
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Gem Corpochem 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 Corpochem 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 Gem Corpochem Private Limited, buy the company report.
Financials of Gem Corpochem Private Limited
FY 2024 filings availableGem Corpochem Private Limited reported revenue of ₹323.62 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 13% growth in the latest year. EBITDA rose 135% 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 |
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| EBITDA | ₹15.35 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹9.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gem Corpochem Private Limited, buy the company report.
Board of directors of Gem Corpochem Private Limited
Gem Corpochem has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kinjal Vivek Mehta Also directs: Akv Enterprise Private Limited, Driplex Engitech Limited | Director | 07 Jan 2013 | 13 Years 10 Months | Current |
| Bharat Kantilal Shah | Director | 12 Jan 2013 | 13 Years 9 Months | Current |
| Bharti Bharat Shah Also directs: Rekha Tex Chem Pvt Ltd | Director | 12 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Gem Corpochem Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Food and Beverages 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 |
|---|---|---|---|---|---|---|
| J.R Rice India Private Limited | ₹326.97 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Sumeru Processors Private Limited | ₹326.36 Cr (FY 2017) | 57.0% | New Delhi, Delhi, India | |||
| North End Foods Marketing Private Limited | ₹324.19 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Gem Corpochem Private Limitedthis company | ₹323.62 Cr (FY 2025) | ₹9.99 Cr | 3.1% | 13.0% | 49 | Mumbai, Maharashtra, India |
| Pincon Lifestyle Limited | ₹321.32 Cr (FY 2017) | 272.0% | Kolkata, West Bengal, India | |||
| Aroma Organics Ltd | ₹321.24 Cr (FY 2025) | 20.0% | Thane, Maharashtra, India | |||
| Millennium Spirits Private Limited | ₹321.24 Cr (FY 2025) | 23.0% | Pune, Maharashtra, India | |||
| Suumaya Retail Limited | ₹320.15 Cr (FY 2023) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gem Corpochem Private Limited, buy the company report.
Auditor
Gem Corpochem Private Limited is audited by Mayur R Mehta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mayur R Mehta & Co | FY 2023 | 106122W |
Shareholding
The shareholding of Gem Corpochem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gem Corpochem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2023 | 100853456 | Standard Chartered Bank | ₹1.2 Cr | Open | |
| 28 May 2020 | 100345319 | Axis Bank Limited | ₹15 Cr | Open | |
| 09 Jan 2014 | 10470887 | Others | ₹10.5 Cr | Open | |
| 03 Mar 2022 | 100564692 | Others | ₹1.48 Cr | Satisfied | |
| 29 Nov 2021 | 100503821 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Gem Corpochem Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Gem Corpochem Private Limited has 10 court cases on record: 5 filed by Gem Corpochem, 5 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by Realmaa Industries Pvt. Ltd. and and Others @ Ma 2059/23, @ Ba 2343/23 - Applicants. and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Paithan Mega Food Park Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by Realmaa Industries Pvt. Ltd. and and Others in Appeal 675/23, @ Ma 2059/23 - Applicants. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Realmaa Industries Pvt. Ltd. and and Others in Appeal 675/23, @ Ba 2343/23 - Applicants. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Realmaa Industries Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Gem Corpochem 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.
Credit ratings & regulatory alerts
Gem Corpochem Private Limited was last rated by Crisil on 10 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Nov 2021 |
To see the full credit ratings and regulatory alerts of Gem Corpochem Private Limited, buy the company report.
MSME payment delays
Gem Corpochem Private Limited has 5 MSME Form 1 returns on record between 2021 and 2022, listing 48 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jagdish Industries | |||
| Xpress Computers Limited | |||
| Eks Filter Technik India Private Limited | |||
| Sai Storing Service | |||
| an individual supplier |
To see the full MSME payment records of Gem Corpochem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gem Corpochem Private Limited has a workforce of 49 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Gem Corpochem has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG0324B1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gem Corpochem Private Limited, buy the company report.
Recent activity
Gem Corpochem Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Bharat Kantilal Shah ceased to be Additional Director on 30 Sep 2014.
8 earlier events are in the company report.
Frequently asked questions
Gem Corpochem is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 07 January 2013 (13+ years old) and is registered under CIN U24297MH2013PTC239402.
Gem Corpochem has 3 current directors:
- Kinjal Vivek Mehta - Director
- Bharat Kantilal Shah - Director
- Bharti Bharat Shah - Director
The latest financial statements of Gem Corpochem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gem Corpochem is 27AAFCG0324B1ZA, 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 Gem Corpochem is U24297MH2013PTC239402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Corpochem has 10 court cases on record: 5 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Gem Corpochem was incorporated on 07 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gem Corpochem by revenue are J.R Rice India Private Limited, Sumeru Processors Private Limited, North End Foods Marketing Private Limited, Pincon Lifestyle Limited, Aroma Organics Ltd and 2 more, all in the Chemicals industry (Chemical Retail and Distribution, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Bharat Kantilal Shah ceased to be Additional Director on 30 Sep 2014. Bharti Bharat Shah ceased to be Additional Director on 30 Sep 2014. Bharat Kantilal Shah was appointed as Director on 12 Jan 2013. Gem Corpochem has 6 board changes on record in total.
Gem Corpochem has 5 MSME Form 1 returns on record between 2021 and 2022, listing 48 overdue payments to 24 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Gem Corpochem can be reached through the website gemcorp.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gem Corpochem is at R.39 40 41; 3rd Floor Plot 56 Ashok Chamber Devji Ratanshi Marg Chinchbunder, Mumbai, Maharashtra, India – 400009.
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