About Gem Plaza Private Limited
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Gem Plaza Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 24 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36911RJ2003PTC018054. Its GSTIN is 08AABCG9832C1ZP (Rajasthan). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.25 Cr. It was formerly known as Gem Plaza Jewellery Manufacturing Company Private Limited. It is led by directors including Suresh Kumar Dhaddha and Akhil Dhaddha.
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 G – 1/21 – 22 Epip Gem And Jewellery Zone Sitapura, Jaipur, Rajasthan, India – 302022.
As per the financials filed for FY 2025, the company reported a revenue of ₹182.55 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹10 Cr (net margin 5.5%) and EBITDA of ₹18.57 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹72.78 Cr and satisfied charges of ₹15.6 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 6 cases are pending. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹5.76 Cr; the latest was in December 2020. Its 6 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 3 smaller; the largest is Jewellery Garden Private Limited with revenue of ₹183.88 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemplaza.net.
Company details
Contact details
Gem Plaza Private Limited's registered office is in Jaipur, Rajasthan. Its website is gemplaza.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 1/21 – 22 Epip Gem And Jewellery Zone Sitapura, Jaipur, Rajasthan, India – 302022
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gem Plaza 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 Plaza is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Gem Plaza Private Limited, buy the company report.
Financials of Gem Plaza Private Limited
FY 2024 filings availableGem Plaza Private Limited reported revenue of ₹182.55 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 48% growth in the latest year. EBITDA rose 45% 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 | ₹18.57 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10 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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| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Gem Plaza Private Limited, buy the company report.
Board of directors of Gem Plaza Private Limited
Gem Plaza has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Dhaddha Also directs: Gyan Resorts and Hotels LLP, Gyan Jaipur Private Limited, Hemgyan Realty Private Limited and 1 more | Director | 24 Jan 2003 | 23 Years 9 Months | Current |
| Akhil Dhaddha Also directs: Nirvani Venture Fashion Private Limited | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Sakhil Dhaddha | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Arun Kumar Dhaddha | Director | 24 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
Gem Plaza Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jewellery Garden Private Limited | ₹183.88 Cr (FY 2025) | 20.0% | Durgapur, West Bengal, India | |||
| Lumex Diamond Services Private Limited | ₹183.87 Cr (FY 2025) | 92.0% | Mumbai, Maharashtra, India | |||
| PP Abhay Jewellers Private Limited | ₹183.33 Cr (FY 2025) | 104.0% | Raipur, Chhattisgarh, India | |||
| Gem Plaza Private Limitedthis company | ₹182.55 Cr (FY 2025) | ₹10 Cr | 5.5% | 48.0% | Jaipur, Rajasthan, India | |
| Silver Emporium Private Limited | ₹181.02 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| P C Chandra Juels International Private Limited | ₹180.67 Cr (FY 2020) | 11.0% | Kolkata, West Bengal, India | |||
| Arjav Diamonds (India) Private Limited | ₹180.22 Cr (FY 2025) | 97.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gem Plaza Private Limited, buy the company report.
Auditor
Gem Plaza Private Limited is audited by H C BOTHRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H C BOTHRA & ASSOCIATES | FY 2023 | 0008950C |
Shareholding
The shareholding of Gem Plaza 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 Plaza Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2025 | 101086799 | Others | ₹23.25 Cr | Open | |
| 27 Dec 2024 | 101047536 | Yes Bank Limited | ₹10 Cr | Open | |
| 21 Nov 2024 | 101037064 | Hdfc Bank Limited | ₹33 Lakh | Open | |
| 04 Oct 2023 | 100792537 | Others | ₹17.19 Lakh | Open | |
| 01 Mar 2023 | 100709140 | Hdfc Bank Limited | ₹16.9 Lakh | Open |
To see the full charge records of Gem Plaza Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Gem Plaza Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹5.76 Cr; the latest was in December 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ace International Fzc |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Ace International Fzc, 3 individuals |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sapphir Deau Enterprises Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Tribhuvan Housing Limited , Alka Diamond Industries Limited , Suryamangal Media & Entertainment Limited |
| Feb 2007 | Funding round | ₹55 Lakh | Investors: Alka Diamond Industries Limited , Kailash Fincom Limited, Universal Credit and Securities Limited |
To see the full deal history of Gem Plaza Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gem Plaza Private Limited has 7 court cases on record: 2 filed by Gem Plaza, 5 filed against it. 6 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 5 | 4 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by an individual | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Gem Plaza 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 Plaza Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gem Plaza has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCG9832C1ZP | Rajasthan | Active | 01 Jul 2017 |
| 27AABCG9832C1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gem Plaza Private Limited, buy the company report.
Recent activity
Gem Plaza Private Limited has 7 board changes on record since 2003: 4 appointments and 3 cessations. The latest: Akhil Dhaddha ceased to be Additional Director on 30 Sep 2010.
17 earlier events are in the company report.
Frequently asked questions
Gem Plaza is an active private limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 24 January 2003 (23+ years old) and is registered under CIN U36911RJ2003PTC018054.
Gem Plaza has 4 current directors:
- Suresh Kumar Dhaddha - Director
- Akhil Dhaddha - Director
- Sakhil Dhaddha - Director
- Arun Kumar Dhaddha - Director
The latest financial statements of Gem Plaza 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 Plaza is 08AABCG9832C1ZP, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCG9832C1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Gem Plaza is U36911RJ2003PTC018054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Plaza has 7 court cases on record: 2 filed by the company and 5 filed against it. 6 are pending. Most are in the nclat.
Gem Plaza was incorporated on 24 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Jaipur.
Gem Plaza has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹5.76 Cr; the latest was in December 2020.
The peers of Gem Plaza by revenue are Jewellery Garden Private Limited, Lumex Diamond Services Private Limited, PP Abhay Jewellers Private Limited, Silver Emporium Private Limited, P C Chandra Juels International Private Limited and 1 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Akhil Dhaddha ceased to be Additional Director on 30 Sep 2010. Sakhil Dhaddha ceased to be Additional Director on 30 Sep 2010. Akhil Dhaddha was appointed as Director on 01 Apr 2010. Gem Plaza has 7 board changes on record in total.
Gem Plaza can be reached through the website gemplaza.net. Its registered office is in Jaipur, Rajasthan, India.
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