Gemag Multitrade Private Limited
About Gemag Multitrade Private Limited
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Gemag Multitrade Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 21 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15500MH2014PTC256229.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.81 Cr. It was formerly known as Vateshwar Trading Private Limited and Global Agro Spices Private Limited. It is led by directors Pallavi Umang Agrawal and Shubhkaran Singh Bedi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 103 Dorabjee Classic Iricen Railway Colony Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.3 Cr. For the same year it recorded a net profit of ₹54,647 (net margin 0.4%) and EBITDA of ₹55,000 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 149% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Gemag Multitrade has undergone 2 name changes throughout its history. The company was previously known as Vateshwar Trading Private Limited, and Global Agro Spices Private Limited. The current legal name is Gemag Multitrade Private Limited.
| Company Name | Status |
|---|---|
| Gemag Multitrade Private Limited | Current |
| Vateshwar Trading Private Limited | Previous |
| Global Agro Spices Private Limited | Previous |
Contact details
Gemag Multitrade Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 103 Dorabjee Classic Iricen Railway Colony Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Gemag Multitrade 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 Gemag Multitrade is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Gemag Multitrade Private Limited, buy the company report.
Financials of Gemag Multitrade Private Limited
FY 2025 filings availableGemag Multitrade Private Limited reported revenue of ₹1.3 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years. 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 | ₹55,000 | ||||
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| Net Profit (PAT) | ₹54,647 | ||||
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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 | 0.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Gemag Multitrade Private Limited, buy the company report.
Board of directors of Gemag Multitrade Private Limited
Gemag Multitrade has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Umang Agrawal | Director | 11 Aug 2024 | 2 Years 3 Months | Current |
| Shubhkaran Singh Bedi | Director | 08 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Gemag Multitrade Private Limited is audited by A R ASAIKAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R ASAIKAR & CO | FY 2019 | 130292W |
Shareholding
The shareholding of Gemag Multitrade Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gemag Multitrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gemag Multitrade 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 Gemag Multitrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gemag Multitrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gemag Multitrade Private Limited has 22 board changes on record since 2014: 12 appointments and 10 cessations. The latest: Trambk Shripat Hiwrale ceased to be Additional Director on 14 Aug 2024.
13 earlier events are in the company report.
Frequently asked questions
Gemag Multitrade is an active private limited company based in Pune, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 21 July 2014 (12+ years old) and is registered under CIN U15500MH2014PTC256229.
Gemag Multitrade has 2 current directors:
- Pallavi Umang Agrawal - Director
- Shubhkaran Singh Bedi - Director
The latest financial statements of Gemag Multitrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gemag Multitrade is U15500MH2014PTC256229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemag Multitrade was incorporated on 21 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Trambk Shripat Hiwrale ceased to be Additional Director on 14 Aug 2024. Pallavi Umang Agrawal was appointed as Director on 11 Aug 2024. Shonat Arvind Jain ceased to be Additional Director on 09 Aug 2024. Gemag Multitrade has 22 board changes on record in total.
The registered office of Gemag Multitrade is at Flat No 103 Dorabjee Classic Iricen Railway Colony Koregaon Park, Pune, Maharashtra, India – 411001.
Gemag Multitrade operates in the agriculture industry, in the agro retail and distribution segment.
The compliance status of Gemag Multitrade is compliant as of 03 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Gemag Multitrade was formerly known as Vateshwar Trading Private Limited, Global Agro Spices Private Limited.
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