Gems Mercantile Private Limited
About Gems Mercantile Private Limited
Data last updated:
Gems Mercantile Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 12 May 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2010PTC147500.
The company had an authorised share capital of ₹16 Lakh and a paid-up capital of ₹16 Lakh. It was led by directors Sanjay Choudhury and Ajay Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Room No 301 3rd Floor 1 G. C. Avenue, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.32 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹17.21 Lakh (net margin 398.6%) and EBITDA of ₹17.21 Lakh (EBITDA margin 398.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 139% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Gems Mercantile Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No 301 3rd Floor 1 G. C. Avenue, Kolkata, West Bengal, India – 700013
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Gems Mercantile 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 Mercantile is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Gems Mercantile Private Limited, buy the company report.
Financials of Gems Mercantile Private Limited
FY 2023 filings availableGems Mercantile Private Limited reported revenue of ₹4.32 Lakh (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 139% over five years, including 7% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹17.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 398.7% | ||||
| Net Profit Margin | 398.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Gems Mercantile Private Limited, buy the company report.
Board of directors of Gems Mercantile Private Limited
Gems Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Choudhury Also directs: Darsh Stoneworks Private Limited, CTS Industries Limited, Shree Radhey Enclave Private Limited and 1 more | Director | 16 Aug 2023 | 3 Years 2 Months | As last reported |
| Ajay Kumar Singh Also directs: Liberson Sales Agency Ltd., Accurate Tradecomm Private Limited, Helpful Dealcomm Private Limited and 3 more | Director | 30 Mar 2021 | 5 Years 7 Months | As last reported |
Peer comparison
Gems Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nyk Services Private Limited | ₹4.32 Lakh (FY 2018) | Gurgaon, Haryana, India | ||||
| RGL Success Life Private Limited | ₹4.32 Lakh (FY 2025) | 677.0% | Bastar, Chhattisgarh, India | |||
| Thacker (India) Pvt Ltd | ₹4.32 Lakh (FY 2018) | 311.0% | Kolkata, West Bengal, India | |||
| Lovely Jewellers Private Limited | ₹4.32 Lakh (FY 2016) | -8.0% | New Delhi, Delhi, India | |||
| Blue Panda Retail (OPC) Private Limited | ₹4.32 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Gems Mercantile Private Limitedthis company | ₹4.32 Lakh (FY 2023) | ₹17.21 Lakh | 398.6% | 7.0% | Kolkata, West Bengal, India | |
| Swansea Export World Private Limited | ₹4.32 Lakh (FY 2025) | 188.0% | Valsad, Gujarat, India | |||
| Work Power Trading Private Limited | ₹4.32 Lakh (FY 2024) | 53.0% | Mumbai, Maharashtra, India | |||
| Startupca Investment India Private Limited | ₹4.32 Lakh (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Kush Retail Private Limited | ₹4.31 Lakh (FY 2022) | 371.0% | Bangalore, Karnataka, India | |||
| Tri Darshan Enterprises Private Limited | ₹4.31 Lakh (FY 2025) | Ujjain, Madhya Pradesh, India |
To see the full peer comparison of Gems Mercantile Private Limited, buy the company report.
Shareholding
The shareholding of Gems Mercantile Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gems Mercantile Private Limited, buy the company report.
Legal cases
Gems Mercantile Private Limited has 2 court cases on record: 2 filed by Gems Mercantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Gems Mercantile 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 Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gems Mercantile has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Gems Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gems Mercantile Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Sanjay Choudhury was appointed as Director on 16 Aug 2023.
Frequently asked questions
Gems Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Gems Mercantile was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 12 May 2010 and is registered under CIN U51909WB2010PTC147500. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Gems Mercantile was incorporated on 12 May 2010. It is registered with the Registrar of Companies, Kolkata.
Gems Mercantile had 2 directors:
- Sanjay Choudhury - Director
- Ajay Kumar Singh - Director
The CIN (Corporate Identification Number) of Gems Mercantile is U51909WB2010PTC147500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gems Mercantile is at Room No 301 3rd Floor 1 G. C. Avenue, Kolkata, West Bengal, India – 700013.
The latest financial statements of Gems Mercantile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Gems Mercantile operated in the trading industry, in the other wholesale segment.
The peers of Gems Mercantile by revenue are Nyk Services Private Limited, RGL Success Life Private Limited, Thacker (India) Pvt Ltd, Lovely Jewellers Private Limited, Blue Panda Retail (OPC) Private Limited and 5 more, all in the same principal business activity (retail trading).
Gems Mercantile has 2 court cases on record: 2 filed by the company.
Sanjay Choudhury was appointed as Director on 16 Aug 2023. Ajay Kumar Singh ceased to be Additional Director on 29 Nov 2021. Tanmoy Sardar ceased to be Additional Director on 29 Nov 2021. Gems Mercantile has 8 board changes on record in total.
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