About Gem International Private Limited
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Gem International Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1999PTC025281. Its GSTIN is 29AABCG2279H1ZG (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors Prasanna Kumar Mallikarjunappa Gowdara and Gowdara Siddesh Anith Kumar.
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 23 II Floor 'Pamadi Towers Gandhi Nagar Ist Main Road Bangalore, Karnataka, India – 560009.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.02 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.21 Cr (net margin 52%) and EBITDA of ₹9.35 Cr (EBITDA margin 93.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹595.26 Cr and satisfied charges of ₹50 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is 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 gmgroup.in.
Company details
Contact details
Gem International Private Limited's registered office is in Bangalore, Karnataka. Its website is gmgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address23 II Floor 'Pamadi Towers Gandhi Nagar Ist Main Road Bangalore, Karnataka, India – 560009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gem International 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 International is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Gem International Private Limited, buy the company report.
Financials of Gem International Private Limited
FY 2024 filings availableGem International Private Limited reported revenue of ₹10.02 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 6% growth in the latest year. EBITDA rose 9% 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 | ₹9.35 Cr | ||||
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| Net Profit (PAT) | ₹5.21 Cr | ||||
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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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| EBITDA Margin | 93.3% | ||||
| Net Profit Margin | 52% | ||||
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To see the full financial statements and ratios of Gem International Private Limited, buy the company report.
Board of directors of Gem International Private Limited
Gem International has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Kumar Mallikarjunappa Gowdara Also directs: GM Sugar and Energy Limited, Gem Laboratories Private Limited, GM SPL Infra Developers Private Limited and 5 more | Director | 31 May 1999 | 27 Years 4 Months | Current |
| Gowdara Siddesh Anith Kumar Also directs: GM Sugar and Energy Limited, Gem Laboratories Private Limited, GM SPL Infra Developers Private Limited and 5 more | Director | 31 May 1999 | 27 Years 4 Months | Current |
Auditor
Gem International Private Limited is audited by HR Suresh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HR Suresh & Co. | FY 2023 | 004268S |
Shareholding
The shareholding of Gem International 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 International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101161178 | Others | ₹535.26 Cr | Open | |
| 25 Jul 2024 | 100963082 | Others | ₹30 Cr | Open | |
| 15 Jul 2024 | 100951620 | Others | ₹30 Cr | Open | |
| 02 May 2020 | 100335822 | Hdfc Bank Limited | ₹40 Cr | Satisfied | |
| 23 Feb 2008 | 10164741 | State Bank of Mysore | ₹10 Cr | Satisfied |
To see the full charge records of Gem International Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Gem International Private Limited has 3 court cases on record: 1 filed by Gem International, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Hexagon Engineers Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against State of Karnataka and 3 others | Disposed |
To see the full case history of Gem International 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 Gem International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gem International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG2279H1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gem International Private Limited, buy the company report.
Recent activity
Gem International Private Limited has 10 board changes on record since 1999: 6 appointments and 4 cessations. The latest: Gowdara Mallikarjunappa Siddeswara ceased to be Director on 01 Oct 2019.
9 earlier events are in the company report.
Frequently asked questions
Gem International is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 May 1999 (27+ years old) and is registered under CIN U55101KA1999PTC025281.
Gem International has 2 current directors:
- Prasanna Kumar Mallikarjunappa Gowdara - Director
- Gowdara Siddesh Anith Kumar - Director
The latest financial statements of Gem International 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 International is 29AABCG2279H1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Gem International is U55101KA1999PTC025281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem International has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Gem International was incorporated on 31 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Gowdara Mallikarjunappa Siddeswara ceased to be Director on 01 Oct 2019. Gowdara Siddeswara Gayathri ceased to be Director on 01 Oct 2019. Sheela Prasannakumar ceased to be Director on 01 Oct 2019. Gem International has 10 board changes on record in total.
Gem International can be reached through the website gmgroup.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Gem International is at 23 II Floor Pamadi Towers Gandhi Nagar Ist Main Road Bangalore, Karnataka, India – 560009.