- Udyam number
- UDYAM-MH-18-0034658

About Gurjar Gems Private Limited
Data last updated:
Gurjar Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 09 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1994PTC078867. Its GSTIN is 27AAACG3685L1Z8 (Maharashtra).
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹6.2 Cr. It was formerly known as Gurjar Financial Services P Ltd. It is led by directors Rajesh Ambalal Jain and Mohanlaljain.
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 Plot No. F – 17 MIDC Marol Industrial Area Opp. Seepz Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹166.86 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 1%) and EBITDA of ₹3.91 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 23% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.75 Cr and satisfied charges of ₹10.2 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹6.65 Cr; the latest was in March 2023. Its 4 peer companies 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) are compared by revenue, 3 larger and 1 smaller; the largest is Radium Creation Private Limited with revenue of ₹168.45 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2023, listing 44 overdue payments to 8 micro and small suppliers.
Gurjar Gems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0034658). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gurjargems.com.
Company details
Recognitions & Rankings of Gurjar Gems
Contact details
Gurjar Gems Private Limited's registered office is in Mumbai, Maharashtra. Its website is gurjargems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. F – 17 MIDC Marol Industrial Area Opp. Seepz Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gurjar 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 Gurjar Gems 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 Gurjar Gems Private Limited, buy the company report.
Financials of Gurjar Gems Private Limited
FY 2025 filings availableGurjar Gems Private Limited reported revenue of ₹166.86 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 10% growth in the latest year. EBITDA fell 3% 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 | ₹3.91 Cr | ||||
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| Net Profit (PAT) | ₹1.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Gurjar Gems Private Limited, buy the company report.
Board of directors of Gurjar Gems Private Limited
Gurjar Gems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ambalal Jain | Director | 10 May 2004 | 22 Years 5 Months | Current |
| Mohanlaljain | Director | 22 Mar 2007 | 19 Years 7 Months | Current |
Peer comparison
Gurjar Gems 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 |
|---|---|---|---|---|---|---|
| Radium Creation Private Limited | ₹168.45 Cr (FY 2025) | 17.0% | Navi Mumbai, Maharashtra, India | |||
| Maitri Lab-Grown Diamonds Private Limited | ₹167.8 Cr (FY 2025) | 114.0% | Mumbai, Maharashtra, India | |||
| V-Verma Jewellers Private Limited | ₹167.69 Cr (FY 2025) | 65.0% | New Delhi, Delhi, India | |||
| Gurjar Gems Private Limitedthis company | ₹166.86 Cr (FY 2025) | ₹1.68 Cr | 1% | 10.0% | 28 | Mumbai, Maharashtra, India |
| Midas Diamonds Private Limited | ₹165.72 Cr (FY 2025) | 67.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gurjar Gems Private Limited, buy the company report.
Auditor
Gurjar Gems Private Limited is audited by Mittal Rajeev & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mittal Rajeev & Associates | FY 2023 | 114019W |
Shareholding
The shareholding of Gurjar 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 Gurjar Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2016 | 100041365 | Hdfc Bank Limited | ₹5.25 Cr | Open | |
| 16 Dec 2015 | 10609252 | Hdfc Bank Limited | ₹4.5 Cr | Open | |
| 08 Jun 2018 | 100184285 | Hdfc Bank Limited | ₹7 Cr | Satisfied | |
| 16 Aug 2010 | 10238698 | Kotak Mahindra Bank Limited | ₹3.2 Cr | Satisfied |
To see the full charge records of Gurjar Gems Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Gurjar Gems Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹6.65 Cr; the latest was in March 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Ecap Equities Limited Seller: Teesta Retail Private Limited |
| Feb 2021 | Funding round | ₹6 Cr | Investors: Teesta Retail Private Limited |
| Mar 2011 | Funding round | ₹54.8 Lakh | Investors: 2 individuals |
| Mar 2011 | Funding round | ₹10 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gurjar Gems Private Limited has 5 court cases on record: 4 filed by Gurjar Gems, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by The Assistant Commissioner of Income Tax Circle I (3)(1) Mumbai | Disposed |
| High Court | Writ petition | Filed by the company against Assistant Commissioner of Income-Tax, Circle-1-3-1-, Mumbai and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Assistant Commissioner of Income-Tax, Circel-1 ( and 4 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Gurjar Gems 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
Gurjar Gems Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 44 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Navkar Travels Private Limited | |||
| C J Exporters | |||
| an individual supplier | |||
| Pyramid Diamonds | |||
| an individual supplier |
To see the full MSME payment records of Gurjar Gems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gurjar Gems Private Limited has a workforce of 28 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Gurjar Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG3685L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gurjar Gems Private Limited, buy the company report.
Recent activity
Gurjar Gems Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Ambalal Tolchandji Jain ceased to be Director on 01 Mar 2023.
3 earlier events are in the company report.
Frequently asked questions
Gurjar Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 09 June 1994 (32+ years old) and is registered under CIN U67190MH1994PTC078867.
Gurjar Gems has 2 current directors:
- Rajesh Ambalal Jain - Director
- Mohanlaljain - Director
The latest financial statements of Gurjar 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 2015 are in the company report.
The GSTIN of Gurjar Gems is 27AAACG3685L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gurjar Gems is U67190MH1994PTC078867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gurjar Gems has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Gurjar Gems was incorporated on 09 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Gurjar Gems has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹6.65 Cr; the latest was in March 2023.
The peers of Gurjar Gems by revenue are Radium Creation Private Limited, Maitri Lab-Grown Diamonds Private Limited, V-Verma Jewellers Private Limited, Midas Diamonds 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).
Ambalal Tolchandji Jain ceased to be Director on 01 Mar 2023. Sushilkumar Tolchand Jain ceased to be Director on 01 Mar 2023. Mohanlaljain was appointed as Director on 22 Mar 2007. Gurjar Gems has 4 board changes on record in total.
Yes, Gurjar Gems is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0034658).
Gurjar Gems has 7 MSME Form 1 returns on record between 2021 and 2023, listing 44 overdue payments to 8 micro and small suppliers. The latest return was filed on 18 Dec 2023.

