Gem Granites Private Limited

This company mines and manufactures granite, with multiple manufacturing units and quarries in India. Exports to various countries.

1982 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Gem Granites Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.79 Cr
  • Revenue Growth -26.98%
  • Profit Growth 790.79%
  • Ebitda 3081.88%
  • Net Worth 4.76%
  • Total Assets -0.53%

About Gem Granites

Gem Granites Private Limited (GGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 1982 and has a history of 42 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.50 M.

The company has closed loans amounting to ₹15.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rangaswami Veeramani, Salem Asaithambi, Sekar Rangaswamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28991TN1982PTC009709

  • Company No.

    009709

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Company report

Gem Granites Private Limited

Explore comprehensive data for Gem Granites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gem Granites?

Board Members (4)

NameDesignationAppointment DateStatus
Rangaswami Veeramani Country flag representing In Director 27-Nov-1982Current
Salem Asaithambi Country flag representing In Director 27-May-1998Current
Sekar Rangaswamy Country flag representing In Director 27-Nov-1982Current
Salem Kumar Country flag representing In Director 27-Nov-1982Current

Financial Performance of Gem Granites.

Gem Granites Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.98% decrease. The company also saw a substantial improvement in profitability, with a 790.79% increase in profit. The company's net worth moved up by a moderate rise of 4.76%.

Gem Granites revenue growth over time
Gem Granites profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-26.98%
Revenue from Operations
-24.72%
Total Assets
-0.53%
Profit or Loss
790.79%
Net Worth
4.76%
EBITDA
3081.88%

What is the Ownership and Shareholding Structure of Gem Granites?

In 2023, Gem Granites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.79 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 12.73 Cr
  • Others : 3.06 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2019Others₹1.53 CrSatisfied
12 Feb 2019Others₹9.53 MSatisfied
05 Feb 2019Others₹5.75 MSatisfied
27 Feb 2006Indian Overseas Bank₹12.73 CrSatisfied

How Many Employees Work at Gem Granites?

Gem Granites has a workforce of 43 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Gem Granites Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gem Granites, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gem Granites's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gem Granites

Recent activity within the organization

  • Annual General Meeting

    Gem Granites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Gem Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 12 Feb 2019 via Charge ID 100257165 with Others was fully satisfied on 14 Dec 2021.

  • Charges

    A charge registered on 12 Feb 2019 via Charge ID 100257176 with Others was fully satisfied on 14 Dec 2021.

  • Charges

    A charge registered on 05 Feb 2019 via Charge ID 100257171 with Others was fully satisfied on 14 Dec 2021.

  • Charges

    A charge registered on 27 Feb 2006 via Charge ID 80048128 with Indian Overseas Bank was fully satisfied on 24 Sep 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Gem Granites Private Limited?

    Gem Granites Private Limited was incorporated on 27 Nov 1982.

  • What is authorized share capital and paid-up capital of Gem Granites Private Limited?

    The authorized share capital of Gem Granites Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.50 M.

  • Who are the current board members & directors of Gem Granites Private Limited?

    Currently 4 directors are associated with Gem Granites Private Limited.

    • Rangaswami Veeramani
    • Salem Rangasamy Asaithambi
    • Sekar Rangaswamy
    • Salem Rangasamy Kumar

  • What is the registered address of Gem Granites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gem Granites Private Limited is No.76/78 Cathedral Road, Chennai- India, Chennai- 600 086, Tamil Nadu, 600086.

  • What is the corporate identification number (CIN) and company number of Gem Granites Private Limited?

    The corporate identification number (CIN) of Gem Granites Private Limited is U28991TN1982PTC009709 and the company number is 009709 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gem Granites Private Limited?

    The Official website of Gem Granites Private Limited is https://www.gemgranites.com

  • What has been the recent revenue trend for Gem Granites Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gem Granites Private Limited has fallen by -26.98%.

  • How many employees does Gem Granites Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Gem Granites Private Limited.

  • What change has been observed in the net worth of Gem Granites Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gem Granites Private Limited has experienced an upsurge of 4.76%.

  • When was the last Balance Sheet of Gem Granites Private Limited filed with the ROC?

    The most recent Balance Sheet for Gem Granites Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Ceramics