MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0099043
Gemsicon Private Limited - consumer goods in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.1 Cr
▲ 8% YoY
Net profit · FY 2024
₹46.71 Lakh
Net margin 6.6%
EBITDA · FY 2024
₹92.26 Lakh
EBITDA margin 13%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.37 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
9
Provident fund records
About Gemsicon Private Limited
Data last updated:
Gemsicon Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 30 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U28999RJ2019PTC064771. Its GSTIN is 08AAHCG8000C2Z0 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Revica Bagda and Amit Bagda.
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 Jaipur, Rajasthan.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.1 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹46.71 Lakh (net margin 6.6%) and EBITDA of ₹92.26 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.37 Cr on record.
Gemsicon Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0099043). For more details, the company can be reached via its website gemsicon.com.
Company details
CIN U28999RJ2019PTC064771
Registration Number 064771
Incorporation Date 30 April 2019
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0099043
Recognitions & Rankings of Gemsicon
Contact details
Gemsicon Private Limited's registered office is in Jaipur, Rajasthan. Its website is gemsicon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 37 SEZ – II, Sitapura Industrial Area Sitapura Sanganer, Jaipur, Rajasthan, India – 302022
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gemsicon Private Limited, buy the company report.
Comprehensive company report
Gemsicon Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Gemsicon is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Gemsicon Private Limited, buy the company report.
Financials of Gemsicon Private Limited
FY 2025 filings availableGemsicon Private Limited reported revenue of ₹7.1 Cr (up 8% YoY) for FY 2024.
Revenue · FY 2024
₹7.1 Cr ▲ 8%
Net profit · FY 2024
₹46.71 Lakh margin 6.6%
EBITDA · FY 2024
₹92.26 Lakh margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 102%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 77%
Revenue has grown at a compounded annual rate (CAGR) of 102% over three years, including 8% growth in the latest year. EBITDA rose 39% 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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| Total Expenses | |||||
| EBITDA | ₹92.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.71 Lakh | ||||
| Balance Sheet | |||||
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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 | 13% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gemsicon Private Limited, buy the company report.
Board of directors of Gemsicon Private Limited
Gemsicon has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revica Bagda | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
| Amit Bagda | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
| Chitra Bagda | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
Peer comparison
Gemsicon Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goldtheme Gems Private Limited | ₹7.14 Cr (FY 2025) | -3.0% | Jaipur, Rajasthan, India | |||
| Arzish Goldcraft Private Limited | ₹7.14 Cr (FY 2025) | -64.0% | Ahmedabad, Gujarat, India | |||
| Seth Sunderdas Private Limited | ₹7.11 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Gemsicon Private Limitedthis company | ₹7.1 Cr (FY 2024) | ₹46.71 Lakh | 6.6% | 8.0% | 9 | Jaipur, Rajasthan, India |
| Clinix Intelligent Medical Systems Private Limited | ₹7.01 Cr (FY 2025) | -12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Gemsicon Private Limited, buy the company report.
Auditor
Gemsicon Private Limited is audited by R. PANDYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. PANDYA & CO. | FY 2023 | 002281C |
Shareholding
The shareholding of Gemsicon Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gemsicon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2024 | 100936811 | Yes Bank Limited | ₹1.25 Cr | Open | |
| 29 Mar 2024 | 100888705 | Others | ₹8 Lakh | Open | |
| 29 Jun 2023 | 100743553 | Others | ₹90 Lakh | Open | |
| 19 May 2022 | 100573922 | Others | ₹2.14 Cr | Open |
To see the full charge records of Gemsicon Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Gemsicon 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 Gemsicon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gemsicon Private Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
50%
GST
Gemsicon has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCG8000C2Z0 | Rajasthan | Active | 01 Jan 2020 |
To see the full GST registrations and return filing status of Gemsicon Private Limited, buy the company report.
Recent activity
Gemsicon Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Amit Bagda was appointed as Director on 30 Apr 2019.
AGM
Gemsicon Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gemsicon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Yes Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 100936811 was registered on 20 May 2024.
Charges
A charge with Others amounted to Rs. 8.00 Lakh with Charge ID 100888705 was registered on 29 Mar 2024.
Charges
A charge with Others amounted to Rs. 90.00 Lakh with Charge ID 100743553 was registered on 29 Jun 2023.
Charges
A charge with Others of Rs. 214.13 Lakh registered on 19 May 2022 with Charge ID 100573922 was modified on 04 Oct 2022.
Charges
A charge with Others amounted to Rs. 214.13 Lakh with Charge ID 100573922 was registered on 19 May 2022.
Appointed
Amit Bagda was appointed as Director.
Appointed
Chitra Bagda was appointed as Director.
Appointed
Revica Bagda was appointed as Director.
Incorporation
30 Apr 2019
Gemsicon Private Limited was registered on 30 Apr 2019 with Roc Jaipur & aged 7 years 5 months as per MCA records.
Frequently asked questions
Gemsicon is an active private limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 30 April 2019 (7+ years old) and is registered under CIN U28999RJ2019PTC064771.
Gemsicon has 3 current directors:
- Revica Bagda - Director
- Amit Bagda - Director
- Chitra Bagda - Director
The latest financial statements of Gemsicon 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 FY 2020 are in the company report.
The GSTIN of Gemsicon is 08AAHCG8000C2Z0, registered in Rajasthan. 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 Gemsicon is U28999RJ2019PTC064771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gemsicon was incorporated on 30 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Gemsicon by revenue are Goldtheme Gems Private Limited, Arzish Goldcraft Private Limited, Seth Sunderdas Private Limited, Clinix Intelligent Medical Systems Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Amit Bagda was appointed as Director on 30 Apr 2019. Chitra Bagda was appointed as Director on 30 Apr 2019. Revica Bagda was appointed as Director on 30 Apr 2019.
Yes, Gemsicon is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0099043).
Gemsicon can be reached through the website gemsicon.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Gemsicon is at G – 37 SEZ – II, Sitapura Industrial Area Sitapura Sanganer, Jaipur, Rajasthan, India – 302022.