About Gems Education Solutions India Private Limited
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Gems Education Solutions India Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Varkey Investment (One) Limited. It operates in the corporate training and development segment of the education sector. It was incorporated on 05 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U80900HR2014PTC052664. Its GSTIN is 06AAFCG6565Q1ZW (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹170 Cr and a paid-up capital of ₹168.23 Cr. It was formerly known as Gems Education Holdco India Private Limited. It is led by directors Sudhir Digambar Chitnis and Ajay Shekar Shetty.
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 C – 310 3rd Floor Unitech Business Zone Nirwana Country South City 2, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.44 Cr (net margin -34.9%) and EBITDA of -₹2.25 Cr (EBITDA margin -32.3%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it. The company has 8 deals on record (7 funding rounds, 1 rights issue), with disclosed funding of ₹253.43 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gemseducation.com.
Company details
Contact details
Gems Education Solutions India Private Limited's registered office is in Gurgaon, Haryana. Its website is gemseducation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 310 3rd Floor Unitech Business Zone Nirwana Country South City 2, Gurgaon, Haryana, India – 122002
- IndustryEducation, Corporate Training & Development
To see the full contact details of Gems Education Solutions India 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 Gems Education Solutions India is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Gems Education Solutions India Private Limited, buy the company report.
Financials of Gems Education Solutions India Private Limited
FY 2024 filings availableGems Education Solutions India Private Limited reported revenue of ₹6.98 Cr (up 377% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 377% growth in the latest year. EBITDA fell 17% 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 | -₹2.25 Cr | ||||
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| Net Profit (PAT) | -₹2.44 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 | -32.3% | ||||
| Net Profit Margin | -34.9% | ||||
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To see the full financial statements and ratios of Gems Education Solutions India Private Limited, buy the company report.
Board of directors and KMP of Gems Education Solutions India Private Limited
Gems Education Solutions India Private Limited currently reports 2 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ekta Passi | Company Secretary | 01 Sep 2018 | 8 Years 2 Months | Current |
| Sudhir Digambar Chitnis | Director | 03 Oct 2023 | 3 Years 1 Months | Current |
| Ajay Shekar Shetty Also directs: Toppers Tutorial Private Limited, Southern Food Products Private Limited, Everonn Infrastructure Limited and 5 more | Director | 02 May 2018 | 8 Years 6 Months | Current |
Auditor
Gems Education Solutions India Private Limited is audited by KNPS & ASSOCIATE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KNPS & ASSOCIATE | FY 2023 | 024073N |
Shareholding
The shareholding of Gems Education Solutions India 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) | |||||
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| Others |
To see the full shareholding pattern of Gems Education Solutions India Private Limited, buy the company report.
Deals & funding
Gems Education Solutions India Private Limited has 8 deals on record (7 funding rounds, 1 rights issue), with disclosed funding of ₹253.43 Cr; the latest was in March 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹21.51 Cr | Investors: Varkey Investments (One) Limited |
| Mar 2020 | Funding round | ₹14.04 Cr | Investors: Varkey Investments (One) Limited |
| Sep 2019 | Funding round | ₹3.55 Cr | Investors: Varkey Investments (One) Limited |
| Apr 2019 | Funding round | ₹17.39 Cr | Investors: Varkey Investments (One) Limited |
| May 2018 | Funding round | ₹29.41 Cr | Investors: Varkey Investments (One) Limited |
To see the full deal history of Gems Education Solutions India 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
Gems Education Solutions India Private Limited has 6 court cases on record: 3 filed by Gems Education Solutions India, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Topsgrup Services Ltd. (Formerly Known As Tops Security Ltd) Royal Palms Golf and Country Club, Aarey Milk Colony , District: Goregaon East ,Mumbai , Maharashtra | Disposed |
| High Court of Delhi | Court case (EFA(OS) (COMM)) | Filed against the company by Topsgrup Services Ltd | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against individuals | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Union of India and Another and 1 other | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Gems Education Solutions India 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 Gems Education Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gems Education Solutions India Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Gems Education Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCG6565Q1ZW | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gems Education Solutions India Private Limited, buy the company report.
Recent activity
Gems Education Solutions India Private Limited has 14 board changes on record since 2015: 3 appointments and 11 cessations. The latest: Sudhir Digambar Chitnis was appointed as Director on 03 Oct 2023.
5 earlier events are in the company report.
News
Frequently asked questions
Gems Education Solutions India is an active private limited company based in Gurgaon, Haryana, India. The company works in corporate training and development, within the education industry. It was incorporated on 05 July 2014 (12+ years old) and is registered under CIN U80900HR2014PTC052664.
Gems Education Solutions India has 3 current directors and KMP:
- Sudhir Digambar Chitnis - Director
- Ajay Shekar Shetty - Director
- Ekta Passi - Company Secretary
The latest financial statements of Gems Education Solutions India 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 Gems Education Solutions India is 06AAFCG6565Q1ZW, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gems Education Solutions India is U80900HR2014PTC052664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gems Education Solutions India has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the high courts.
Gems Education Solutions India was incorporated on 05 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Gems Education Solutions India has 8 deals on record (7 funding rounds, 1 rights issue), with disclosed funding of ₹253.43 Cr; the latest was in March 2021.
Sudhir Digambar Chitnis was appointed as Director on 03 Oct 2023. Sureshkumar Munduvelil Ramachandran Pillai ceased to be Additional Director on 30 Sep 2019. Rohit Kochhar ceased to be Director on 01 May 2019. Gems Education Solutions India has 14 board changes on record in total.
Gems Education Solutions India can be reached through the website gemseducation.com. Its registered office is in Gurgaon, Haryana, India.
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