Gem Sugars Limited - agriculture in Na, Karnataka, India. FY 2026 financials and compliance.
CIN U85110KA1995PLC017324 Incorporated 06 March 1995 ROC Bangalore HQ Na, Karnataka, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2024
₹353.43 Cr
▼ 17.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹75 Cr
Registered with MCA
Paid-up capital
₹45 Cr
Issued & subscribed
Open charges
₹599.95 Cr
Satisfied ₹413.02 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
181
Latest available

About Gem Sugars Limited

Data last updated: 23 December 2025

Gem Sugars Limited is a public limited company based in Na, Karnataka, India. It specialises in sugar processing, a part of the broader agriculture sector. Incorporated on 06 March 1995, the company has been in operation for over 31 years.

Registered with ROC Bangalore under CIN U01542KA1995PLC017324.

Capital: an authorised share capital of ₹75 Cr and a paid-up capital of ₹45 Cr. It is led by directors including Lata Ajit Prasad and Jawaherlal Parisappa Doddannavar.

Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 120 Hoodi Apartments Cunnigham Road Bangalore., Na, Karnataka, India – 560052.

As per the financials filed for FY 2024, the company reported a revenue of ₹353.43 Cr, a decline of 17% compared to the previous year.

The company has a workforce of approximately 181 employees as per the latest available data.

The company is associated with 1 brand - Gem Sugars. As per MCA filings, the company has open charges of ₹599.95 Cr and satisfied charges of ₹413.02 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemsugars.com.

Company Details of Gem Sugars Limited
CIN U85110KA1995PLC017324
Registration Number 017324
Incorporation Date 06 March 1995
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    120 Hoodi Apartments Cunnigham Road Bangalore., Na, Karnataka, India – 560052
  • Industry
    Agriculture, Sugar Processing
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Financials, compliance, directors, charges, ownership and filings for Gem Sugars Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Gem Sugars Limited

Gem Sugars Limited has one previous CIN (Corporate Identification Number): U01542KA1995PLC017324. The current CIN is U85110KA1995PLC017324, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U85110KA1995PLC017324 Current
U01542KA1995PLC017324 Previous

Associated Brands with Gem Sugars Limited

Gem Sugars Limited operates one associated brand: Gem Sugars. These brands represent Gem Sugars Limited's diversified market presence and brand portfolio.

Brand Description Website
Sugar production, co-generation, and ethanol manufacturing in Karnataka. gemsugars.com

Business Activity of Gem Sugars Limited

Gem Sugars Limited is engaged in principal business activities including manufacturing and electricity, gas, steam and air condition supply, with detailed activities including food, beverages and tobacco products, electric power generation, transmission and distribution. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C1 Food, beverages and tobacco products Locked
D Electricity, gas, steam and air condition supply D1 Electric power generation, transmission and distribution Locked
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Business activity turnover details for Gem Sugars Limited

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Board of Directors of Gem Sugars Limited

Gem Sugars Limited is currently managed by 7 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Lata Ajit Prasad Director 16 Aug 2017 8 Years 11 Months Current
Jawaherlal Parisappa Doddannavar Whole-Time Director 01 Jan 2006 20 Years 6 Months Current
Sekar Rangaswamy Managing Director 06 Mar 1995 31 Years 4 Months Current
Doddahalahalli Kempegowda Suresh Additional Director 15 May 2025 1 Years 2 Months Current
Basavaraj Basalingappa Khot Director 18 Jul 2024 2 Years 0 Months Current
Ramanagouda Patil Director 30 Mar 2005 21 Years 3 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Gem Sugars Limited FY 2024 filings available

Gem Sugars Limited reported revenue of ₹353.43 Cr (down 17.00% YoY) for FY 2024.

Revenue · FY 2024
₹353.43 Cr ▼ 17.00%
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Ten-year financial statements for Gem Sugars Limited

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Charges & Borrowings of Gem Sugars Limited

Open charges
₹599.95 Cr
Satisfied charges
₹413.02 Cr
Breakdown by lending institutions
Indian Overseas Bank₹301.51 Cr
State Bank of India₹115.63 Cr
Others₹83.44 Cr
Bank of India₹79.00 Cr
Indian Bank₹20.00 Cr
Others₹0.38 Cr
Latest charge details
DateLenderAmountStatus
20 Jun 2025 Others ₹7.5 Cr Open
30 Apr 2025 Others ₹5 Cr Open
29 Oct 2024 Bank of India ₹36 Cr Open
17 Oct 2024 Others ₹6 Cr Open
01 Jul 2022 Others ₹36 Cr Open

Total charge records: 70 View all charges

Employees and EPFO Compliance at Gem Sugars Limited

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Employee and EPFO history for Gem Sugars Limited

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GST Compliance of Gem Sugars Limited

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GST registrations and filing compliance for Gem Sugars Limited

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Credit Ratings, Litigation & Regulatory Alerts for Gem Sugars Limited

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Credit ratings, litigation, and regulatory alerts for Gem Sugars Limited

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MSME Payment Delays by Gem Sugars Limited

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MSME payment history for Gem Sugars Limited

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Subsidiaries & Group Companies of Gem Sugars Limited

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Corporate group structure for Gem Sugars Limited

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MCA Filings & Documents of Gem Sugars Limited

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MCA filings and documents for Gem Sugars Limited

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Recent Activity on Gem Sugars Limited

Charges
18 Sep 2025
A charge with Bank Of India of Rs. 36.00 Cr registered on 29 Oct 2024 with Charge ID 101011219 was modified on 18 Sep 2025.
Charges
14 Aug 2025
A charge registered on 29 Jan 2021 via Charge ID 100415628 with State Bank Of India was fully satisfied on 14 Aug 2025.
Charges
20 Jun 2025
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101121358 was registered on 20 Jun 2025.
Directors
15 May 2025
Doddahalahalli Kempegowda Suresh was appointed as a Additional Director on 15 May 2025 & has been associated with this company since 1 year 2 months.
Directors
15 May 2025
Manjula Doddahalahalli Kempegowda was appointed as a Additional Director on 15 May 2025 & has been associated with this company since 1 year 2 months.
Charges
30 Apr 2025
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101086590 was registered on 30 Apr 2025.

Frequently Asked Questions about Gem Sugars Limited

Gem Sugars Limited is an active public limited company in the agriculture sector based in Na, Karnataka, India. It was incorporated on 06 March 1995 (31+ years old) and is registered under CIN U85110KA1995PLC017324. The company has 181 employees.

Gem Sugars Limited reported revenue of ₹353.43 Cr for FY 2024 (down 17.00% YoY).

The current directors of Gem Sugars Limited are:

The primary industry of Gem Sugars Limited is agriculture. The company specifically operates in sugar processing. The company is currently active in this sector.

Gem Sugars Limited can be reached at the registered office: 120 Hoodi Apartments Cunnigham Road Bangalore, Na, Karnataka, India – 560052, or through the website gemsugars.com.

The authorised capital is ₹75 Cr, and the paid-up capital is ₹45 Cr.

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