- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0009101

About Gem Equipments Private Limited
Data last updated:
Gem Equipments Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 03 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29269TZ2006PTC012694. Its GSTIN is 27AACCG5630M1ZF (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3.35 Cr and a paid-up capital of ₹3.35 Cr. It was formerly known as Gem Equipments Limited. It is led by directors including Kurumandur Palaniappan Manoharan (Managing Director) and Chinnasamy Raviselvan (Whole-Time Director).
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 S.F.No.103 Avanashi Road Arasur, Coimbatore, Tamil Nadu, India – 641407.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.82 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.53 Cr (net margin 4.8%) and EBITDA of ₹7.68 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company has about 108 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GEM Equipments. As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹11.56 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 2 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2024. Its 5 peer companies in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is TKT Greentec Private Limited with revenue of ₹110.11 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2023, listing 228 overdue payments to 15 micro and small suppliers.
Gem Equipments Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0009101). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemindia.com.
Company details
CIN history
Gem Equipments has one previous CIN (Corporate Identification Number): U29269TZ2006PLC012694. The current CIN is U29269TZ2006PTC012694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29269TZ2006PTC012694 | Current |
| U29269TZ2006PLC012694 | Previous |
Recognitions & Rankings of Gem Equipments
Contact details
Gem Equipments Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is gemindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.F.No.103 Avanashi Road Arasur, Coimbatore, Tamil Nadu, India – 641407
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Gem Equipments 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
Brands
Gem Equipments operates one associated brand: GEM Equipments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of spares for compressed air dryers, cooling towers, and filters in industrial sectors. | gemspares.in |
Business activity
The main business activity of Gem Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Gem Equipments Private Limited, buy the company report.
Financials of Gem Equipments Private Limited
FY 2024 filings availableGem Equipments Private Limited reported revenue of ₹94.82 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA fell 24% 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 | ₹7.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.53 Cr | ||||
| Balance Sheet | |||||
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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 | 8.1% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Gem Equipments Private Limited, buy the company report.
Board of directors of Gem Equipments Private Limited
Gem Equipments has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnasamy Raviselvan Also directs: Gem Orion Machinery Private Limited | Whole-Time Director | 03 Apr 2006 | 20 Years 6 Months | Current |
| Ravichandran Ganapathy | Whole-Time Director | 03 Apr 2006 | 20 Years 6 Months | Current |
| Kurumandur Palaniappan Manoharan Also directs: Gem Orion Machinery Private Limited | Managing Director | 03 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Gem Equipments Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TKT Greentec Private Limited | ₹110.11 Cr (FY 2025) | 209.0% | Pune, Maharashtra, India | |||
| Luftek Engineering Private Limited | ₹105.85 Cr (FY 2025) | 114.0% | Thiruvallur, Tamil Nadu, India | |||
| Gem Equipments Private Limitedthis company | ₹94.82 Cr (FY 2025) | ₹4.53 Cr | 4.8% | 6.0% | 108 | Coimbatore, Tamil Nadu, India |
| Star Coolers and Condensers Private Limited | ₹93.4 Cr (FY 2023) | 21.0% | Jalgaon, Maharashtra, India | |||
| VTS TF Air Systems Private Limited | ₹92.64 Cr (FY 2025) | -13.0% | Bengaluru, Karnataka, India | |||
| Swegon Blue Box Private Limited | ₹90.13 Cr (FY 2025) | -12.0% | Khoni Taloja Road Ambarnath, Maharashtra, India |
To see the full peer comparison of Gem Equipments Private Limited, buy the company report.
Auditor
Gem Equipments Private Limited is audited by G K P ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G K P ASSOCIATES | FY 2023 | 007680S |
Shareholding
The shareholding of Gem Equipments 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 Equipments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2019 | 100292840 | Others | ₹7.5 Cr | Open | |
| 17 Aug 2016 | 100064594 | Others | ₹10 Lakh | Satisfied | |
| 27 Jan 2015 | 10550931 | Kotak Mahindra Prime Limited | ₹30 Lakh | Satisfied | |
| 13 Jan 2011 | 10268967 | Small Industries Development Bank of India | ₹50 Lakh | Satisfied | |
| 08 Jan 2010 | 10198208 | Others | ₹4.95 Cr | Satisfied |
To see the full charge records of Gem Equipments Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Gem Equipments Private Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2007 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gem Equipments Private Limited has 8 court cases on record: 8 filed by Gem Equipments. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Upper Division Clerks/Assistant/ the Deputy State Tax Officer(Int) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Upper Division Clerks/Assistant/ the Deputy State Tax Officer(Int) | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Upper Division Clerks/Assistant/ the Deputy State Tax Officer(Int) | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Assistant Commissioner (St), | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Assistant Commissioner (St), | Disposed |
To see the full case history of Gem Equipments 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
Gem Equipments Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 228 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Janatics India Private Limited | |||
| Hem Industries | |||
| Beardsell Limited | |||
| Copeland India Private Limited | |||
| S.J.S. Enterprises Limited |
To see the full MSME payment records of Gem Equipments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gem Equipments Private Limited has a workforce of 108 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Gem Equipments has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG5630M1ZF | Maharashtra | Active | 01 Jul 2017 |
| 33AACCG5630M1ZM | Tamil Nadu | Active | 01 Jul 2017 |
| 09AACCG5630M1ZD | Uttar Pradesh | Active | 12 Apr 2019 |
To see the full GST registrations and return filing status of Gem Equipments Private Limited, buy the company report.
Recent activity
Gem Equipments Private Limited has 17 board changes on record since 2006: 10 appointments and 7 cessations. The latest: A Kalyanasundaram ceased to be Director on 20 Mar 2017.
41 earlier events are in the company report.
Frequently asked questions
Gem Equipments is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 03 April 2006 (20+ years old) and is registered under CIN U29269TZ2006PTC012694.
Gem Equipments has 3 current directors:
- Kurumandur Palaniappan Manoharan - Managing Director
- Chinnasamy Raviselvan - Whole-Time Director
- Ravichandran Ganapathy - Whole-Time Director
The latest financial statements of Gem Equipments 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 Equipments is 27AACCG5630M1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AACCG5630M1ZM (Tamil Nadu), 09AACCG5630M1ZD (Uttar Pradesh).
The CIN (Corporate Identification Number) of Gem Equipments is U29269TZ2006PTC012694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Equipments has 8 court cases on record: 8 filed by the company. 2 are pending.
Gem Equipments was incorporated on 03 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Gem Equipments has 2 deals on record (2 secondary share transfers); the latest was in November 2024.
The peers of Gem Equipments by revenue are TKT Greentec Private Limited, Luftek Engineering Private Limited, Star Coolers and Condensers Private Limited, VTS TF Air Systems Private Limited, Swegon Blue Box Private Limited, all in the Machinery and Equipment industry (Compressors), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
A Kalyanasundaram ceased to be Director on 20 Mar 2017. Bangra Rao Santosh ceased to be Director on 20 Mar 2017. Ravichandran Jayashree Meenakshi ceased to be Director on 20 Mar 2017. Gem Equipments has 17 board changes on record in total.
Yes, Gem Equipments is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0009101).
Gem Equipments has 7 MSME Form 1 returns on record between 2021 and 2023, listing 228 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Dec 2023.