- Category
- Micro (2020-21)
- Udyam number
- UDYAM-RJ-17-0061746

Gem Insulations Private Limited
About Gem Insulations Private Limited
Data last updated:
Gem Insulations Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 08 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U29308RJ2009PTC028617. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42 Lakh. It is led by directors including Hardik Grover and Harish Chandra Grover.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.25 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹13.52 Lakh (net margin 43.3%) and EBITDA of ₹15.93 Lakh (EBITDA margin 51%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹7.62 Cr and satisfied charges of ₹89.24 Lakh on record.
Gem Insulations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0061746). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Gem Insulations
Contact details
Gem Insulations Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. J – 155 Akera Doonger, Vki Area, Jaipur, Rajasthan, India – 302013
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
To see the full contact details of Gem Insulations 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 Insulations 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 Insulations Private Limited, buy the company report.
Financials of Gem Insulations Private Limited
FY 2025 filings availableGem Insulations Private Limited reported revenue of ₹31.25 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 3% growth in the latest year. EBITDA rose 12% 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 | ₹15.93 Lakh | ||||
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| Net Profit (PAT) | ₹13.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 51% | ||||
| Net Profit Margin | 43.3% | ||||
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To see the full financial statements and ratios of Gem Insulations Private Limited, buy the company report.
Board of directors of Gem Insulations Private Limited
Gem Insulations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Grover | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
| Harish Chandra Grover Also directs: Gem Insulation House LLP | Director | 08 Apr 2009 | 17 Years 6 Months | Current |
| Yogesh Grover Also directs: Gem Insulation House LLP | Director | 08 Apr 2009 | 17 Years 6 Months | Current |
Auditor
Gem Insulations Private Limited is audited by R.K. BAKIWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. BAKIWALA & CO. | FY 2023 | 009363C |
Shareholding
The shareholding of Gem Insulations 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gem Insulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2025 | 101109867 | Hdfc Bank Limited | ₹6.35 Cr | Open | |
| 03 Jan 2019 | 100234790 | Hdfc Bank Limited | ₹1.27 Cr | Open | |
| 26 Sep 2012 | 10386913 | State Bank of India | ₹7.5 Lakh | Satisfied | |
| 11 Aug 2009 | 10170525 | State Bank of India | ₹81.74 Lakh | Satisfied |
To see the full charge records of Gem Insulations Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Gem Insulations 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 Gem Insulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gem Insulations 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 Gem Insulations Private Limited, buy the company report.
Recent activity
Gem Insulations Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Sudershan Lal Grover ceased to be Director on 01 May 2024.
4 earlier events are in the company report.
Frequently asked questions
Gem Insulations is an active private limited company based in Jaipur, Rajasthan, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 08 April 2009 (17+ years old) and is registered under CIN U29308RJ2009PTC028617.
Gem Insulations has 3 current directors:
- Hardik Grover - Director
- Harish Chandra Grover - Director
- Yogesh Grover - Director
The latest financial statements of Gem Insulations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Gem Insulations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gem Insulations is U29308RJ2009PTC028617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Insulations was incorporated on 08 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Jaipur.
Sudershan Lal Grover ceased to be Director on 01 May 2024. Ajay Grover ceased to be Director on 01 Jan 2021. Hardik Grover was appointed as Director on 01 Jan 2021. Gem Insulations has 5 board changes on record in total.
Yes, Gem Insulations is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0061746).
The registered office of Gem Insulations is at Plot No. J – 155 Akera Doonger, Vki Area, Jaipur, Rajasthan, India – 302013.
Gem Insulations operates in the electrical industry, in the general purpose and special purpose machinery and equipment segment.