Gems Filco Private Limited
About Gems Filco Private Limited
Data last updated:
Gems Filco Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Gems Automobiles Private Limited. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 January 1988.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U77300MH1988PTC045985. Its GSTIN is 27AAACG7770Q1ZW (Maharashtra).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.14 Lakh. It was led by directors Manjiri Sandeep Bawiskar and Sandeep Shyam Bawiskar.
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 was at Plot No D III 92 A Midcchincwad, Pune, Maharashtra, India – 411019.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.49 Lakh, a growth of 120% compared to the previous year. For the same year it recorded a net profit of ₹32.07 Lakh (net margin 53.9%) and EBITDA of ₹45.4 Lakh (EBITDA margin 76.3%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹18.26 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
CIN history
Gems Filco has one previous CIN (Corporate Identification Number): U65999MH1988PTC045985. The current CIN is U77300MH1988PTC045985, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U77300MH1988PTC045985 | Current |
| U65999MH1988PTC045985 | Previous |
Contact details
Gems Filco Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressPlot No D III 92 A Midcchincwad, Pune, Maharashtra, India – 411019
- IndustryAutomotive, Auto Dealership & Trading
- 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 Filco is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Gems Filco Private Limited, buy the company report.
Financials of Gems Filco Private Limited
FY 2024 filings availableGems Filco Private Limited reported revenue of ₹59.49 Lakh (up 120% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 120% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 48%. EBITDA rose 177% 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 | ₹45.4 Lakh | ||||
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| Net Profit (PAT) | ₹32.07 Lakh | ||||
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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 | 76.3% | ||||
| Net Profit Margin | 53.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gems Filco Private Limited, buy the company report.
Board of directors of Gems Filco Private Limited
Gems Filco has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjiri Sandeep Bawiskar Also directs: Gems Filco LLP, Gems Automobiles Private Limited | Director | 30 Sep 2002 | 24 Years 1 Months | As last reported |
| Sandeep Shyam Bawiskar Also directs: Gems Filco LLP, Gems Automobiles Private Limited | Director | 25 Jan 1988 | 38 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2015 | 10587856 | State Bank of India | ₹16.46 Cr | Satisfied | |
| 06 Jun 2009 | 10162071 | Icici Bank Limited | ₹1.1 Cr | Satisfied | |
| 30 Mar 2002 | 90086069 | Janaseva Sahakari Bank Ltd. | ₹40 Lakh | Satisfied | |
| 21 Jul 1999 | 90093724 | Sampada Sahakari Bank Ltd. | ₹12 Lakh | Satisfied | |
| 27 May 1999 | 90093717 | Sampada Sahakari Bank Ltd. | ₹18 Lakh | Satisfied |
To see the full charge records of Gems Filco Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Gems Filco Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by M/S. Gems Automobiles Pvt. Ltd. and Ors. ---Applicants | Disposed |
To see the full case history of Gems Filco 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 Filco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gems Filco has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG7770Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gems Filco Private Limited, buy the company report.
Recent activity
Gems Filco Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Manjiri Sandeep Bawiskar was appointed as Director on 30 Sep 2002.
4 earlier events are in the company report.
Frequently asked questions
Gems Filco has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Gems Filco was a private limited company based in Pune, Maharashtra, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 25 January 1988 and is registered under CIN U77300MH1988PTC045985. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Gems Filco is U77300MH1988PTC045985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gems Filco had 2 directors:
- Manjiri Sandeep Bawiskar - Director
- Sandeep Shyam Bawiskar - Director
Gems Filco was incorporated on 25 January 1988. It is registered with the Registrar of Companies, Pune.
The registered office of Gems Filco is at Plot No D III 92 A Midcchincwad, Pune, Maharashtra, India – 411019.
The latest financial statements of Gems Filco 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 Filco is 27AAACG7770Q1ZW, registered in Maharashtra.
Gems Filco operated in the automotive industry, in the auto dealership and trading segment.
Gems Filco has 1 court case on record: 1 filed against it.
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