- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0041233

About Gem Allied Industries Private Limited
Data last updated:
Gem Allied Industries Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 19 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01409WB1996PTC077411. Its GSTIN is 19AACCA7558G1ZG (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹37.72 Lakh. It was formerly known as Aditya Polymers Pvt Ltd and Gem Tea Machinery Private Limited. It is led by directors including Shashank Garg and Nishant Garg.
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 10C Middleton Row 3rd Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.33 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹3.48 Cr (net margin -262.6%) and EBITDA of -₹3.18 Cr (EBITDA margin -239.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 50% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.17 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending.
Gem Allied Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0041233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemdryers.com.
Company details
Name history
Gem Allied Industries has undergone 2 name changes throughout its history. The company was previously known as Aditya Polymers Pvt Ltd, and Gem Tea Machinery Private Limited. The current legal name is Gem Allied Industries Private Limited.
| Company Name | Status |
|---|---|
| Gem Allied Industries Private Limited | Current |
| Aditya Polymers Pvt Ltd | Previous |
| Gem Tea Machinery Private Limited | Previous |
CIN history
Gem Allied Industries has one previous CIN (Corporate Identification Number): U99999WB1996PTC077411. The current CIN is U01409WB1996PTC077411, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01409WB1996PTC077411 | Current |
| U99999WB1996PTC077411 | Previous |
Recognitions & Rankings of Gem Allied Industries
Contact details
Gem Allied Industries Private Limited's registered office is in Kolkata, West Bengal. Its website is gemdryers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10C Middleton Row 3rd Floor, Kolkata, West Bengal, India – 700071
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Gem Allied Industries 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 Allied Industries 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 Allied Industries Private Limited, buy the company report.
Financials of Gem Allied Industries Private Limited
FY 2025 filings availableGem Allied Industries Private Limited reported revenue of ₹1.33 Cr (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 30% fall in the latest year. EBITDA fell 919% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹3.18 Cr | ||||
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| Net Profit (PAT) | -₹3.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -239.8% | ||||
| Net Profit Margin | -262.6% | ||||
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To see the full financial statements and ratios of Gem Allied Industries Private Limited, buy the company report.
Board of directors of Gem Allied Industries Private Limited
Gem Allied Industries 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 |
|---|---|---|---|---|
| Shashank Garg Also directs: Gemtech Projects LLP, Gem Drytech Systems LLP, Innovex Projects Private Limited and 2 more | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Nishant Garg Also directs: Gemag Allied Industries LLP, Jindal Leasefin Limited | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Prashant Garg Also directs: Gemtech Projects LLP, Gemtek Exports Private Limited, Survottam Mercantile Pvt Ltd and 4 more | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
Auditor
Gem Allied Industries Private Limited is audited by B. R. MITTAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. R. MITTAL & COMPANY | FY 2023 | 319214E |
Shareholding
The shareholding of Gem Allied Industries 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 Allied Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2016 | 100110520 | Vijaya Bank | ₹10.45 Cr | Satisfied | |
| 01 Dec 2008 | 10142445 | Deutsche Bank Ag | ₹1.72 Cr | Satisfied |
To see the full charge records of Gem Allied Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Gem Allied Industries Private Limited has 8 court cases on record: 5 filed by Gem Allied Industries, 3 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Pavitra Belting Pvt. Ltd | Disposed |
| High Court | Civil suit | Filed against the company by Cachar King Plantations P. Ltd. | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Sri Ganesh Kaplatharu Industries, | Pending |
| High Court | Company petition | Filed by the company against an individual | Disposed |
| High Court | Company petition | Filed against the company by M/S. Tirrihannah Co. Ltd. | Disposed |
To see the full case history of Gem Allied Industries 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 Allied Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gem Allied Industries Private Limited has a workforce of 21 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Gem Allied Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA7558G1ZG | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gem Allied Industries Private Limited, buy the company report.
Recent activity
Gem Allied Industries Private Limited has 7 board changes on record since 1996: 5 appointments and 2 cessations. The latest: Sanjay Kumar Garg ceased to be Director on 14 Jan 2012.
3 earlier events are in the company report.
Frequently asked questions
Gem Allied Industries is an active private limited company based in Kolkata, West Bengal, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 19 February 1996 (30+ years old) and is registered under CIN U01409WB1996PTC077411.
Gem Allied Industries has 3 current directors:
- Shashank Garg - Director
- Nishant Garg - Director
- Prashant Garg - Director
The latest financial statements of Gem Allied Industries 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.
The GSTIN of Gem Allied Industries is 19AACCA7558G1ZG, registered in West Bengal.
The CIN (Corporate Identification Number) of Gem Allied Industries is U01409WB1996PTC077411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gem Allied Industries has 8 court cases on record: 5 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Gem Allied Industries was incorporated on 19 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Kumar Garg ceased to be Director on 14 Jan 2012. Ajay Kumar Garg ceased to be Director on 01 Oct 2009. Nishant Garg was appointed as Director on 01 Oct 2009. Gem Allied Industries has 7 board changes on record in total.
Yes, Gem Allied Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0041233).
Gem Allied Industries can be reached through the website gemdryers.com. Its registered office is in Kolkata, West Bengal, India.

