Glossy Gems Private Limited
About Glossy Gems Private Limited
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Glossy Gems Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 19 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36995GJ2017PTC100208. Its GSTIN is 24AAGCB3540D1Z8 (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Vipin Dhabaria and Nemichand Mohanlal Kawadia.
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 219 2nd Flr H.No.148 – 53 World Diamond Center Comm.Complex Hatfalia Haripura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹425.34 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹27.12 Lakh (net margin 0.1%) and EBITDA of ₹43.71 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over five years.
As per MCA filings, the company has open charges of ₹26 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glossy Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address219 2nd Flr H.No.148 – 53 World Diamond Center Comm.Complex Hatfalia Haripura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Glossy Gems 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 Glossy Gems 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 Glossy Gems Private Limited, buy the company report.
Financials of Glossy Gems Private Limited
FY 2025 filings availableGlossy Gems Private Limited reported revenue of ₹425.34 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 38% growth in the latest year. EBITDA rose 1% 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 | ₹43.71 Lakh | ||||
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| Net Profit (PAT) | ₹27.12 Lakh | ||||
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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 | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Glossy Gems Private Limited, buy the company report.
Board of directors of Glossy Gems Private Limited
Glossy Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Dhabaria Also directs: Shrenik Diamond Private Limited | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Nemichand Mohanlal Kawadia Also directs: Shrenik Diamond Private Limited, Khushboo Diamond Private Limited | Director | 19 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Glossy Gems Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Glossy Gems Private Limitedthis company | ₹425.34 Cr (FY 2025) | ₹27.12 Lakh | 0.1% | 38.0% | Surat, Gujarat, India | |
| Khem Chand Pawan Kumar Sarraf Private Limited | ₹424.35 Cr (FY 2025) | 38.0% | New Delhi, Delhi, India | |||
| Shyam Sundar Co. Jewellers Private Limited. | ₹421.63 Cr (FY 2024) | 29.0% | Kolkata, West Bengal, India | |||
| Chandana Brothers Silks and Jewellers Private Limited | ₹421.4 Cr (FY 2025) | 100.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Glossy Gems Private Limited, buy the company report.
Auditor
Glossy Gems Private Limited is audited by KRUNAL K JARIWALA AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRUNAL K JARIWALA AND CO | FY 2022 | 0127993W |
Shareholding
The shareholding of Glossy Gems 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glossy Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2021 | 100425773 | Hdfc Bank Limited | ₹26 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Glossy Gems 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 Glossy Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glossy Gems has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB3540D1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AAHCG1186H1ZO | Gujarat | Active | 08 Feb 2018 |
| 27AAHCG1186H1ZI | Maharashtra | Active | 22 Feb 2018 |
To see the full GST registrations and return filing status of Glossy Gems Private Limited, buy the company report.
Recent activity
Glossy Gems Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Vipin Dhabaria was appointed as Director on 01 Apr 2022.
Frequently asked questions
Glossy Gems is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 19 December 2017 (9+ years old) and is registered under CIN U36995GJ2017PTC100208.
Glossy Gems has 2 current directors:
- Vipin Dhabaria - Director
- Nemichand Mohanlal Kawadia - Director
The latest financial statements of Glossy Gems 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 2018 are in the company report.
The GSTIN of Glossy Gems is 24AAGCB3540D1Z8, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAHCG1186H1ZO (Gujarat), 27AAHCG1186H1ZI (Maharashtra).
The CIN (Corporate Identification Number) of Glossy Gems is U36995GJ2017PTC100208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glossy Gems was incorporated on 19 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Glossy Gems by revenue are Khem Chand Pawan Kumar Sarraf Private Limited, Shyam Sundar Co. Jewellers Private Limited, Chandana Brothers Silks and Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Vipin Dhabaria was appointed as Director on 01 Apr 2022. Yogendraraj Uttamraj Singhvi ceased to be Director on 01 Apr 2022. Nemichand Mohanlal Kawadia was appointed as Director on 19 Dec 2017.
The registered office of Glossy Gems is at 219 2nd Flr H.No.148 – 53 World Diamond Center Comm.Complex Hatfalia Haripura, Surat, Gujarat, India – 395003.
Glossy Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Glossy Gems has open charges of ₹26 Lakh and no satisfied charges on record as per latest MCA filings.
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