Midas Touch Gems Private Limited
About Midas Touch Gems Private Limited
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Midas Touch 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 02 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36911GJ2002PTC040328. Its GSTIN is 27AADCM4242J1ZG (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shruti Dhiren Mehta and Bela Amit Mehta.
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 712 7th Flr Shri Ram Apart Co – Op. H. Soc. Ltd Rajeshwar Apt Athugar Maholla Nanpura, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.78 Lakh, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹10,883 (net margin 3.9%) and EBITDA of ₹42,815 (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 37% over five years.
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- Registered Address712 7th Flr Shri Ram Apart Co – Op. H. Soc. Ltd Rajeshwar Apt Athugar Maholla Nanpura, Surat, Gujarat, India – 395001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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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Financials of Midas Touch Gems Private Limited FY 2025 filings available
Midas Touch Gems Private Limited reported revenue of ₹2.78 Lakh (up 79% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Midas Touch Gems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 79% 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 of Midas Touch Gems Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.78 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹42,815 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10,883 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Midas Touch Gems Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Midas Touch Gems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Midas Touch Gems Private Limited
Midas Touch Gems Private Limited is audited by U M DALAL & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| U M DALAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Midas Touch Gems Private Limited
Midas Touch Gems has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Dhiren Mehta | Director | 12 Sep 2020 | 6 Years 0 Months | Current |
| Bela Amit Mehta Also directs: Art and Found Solutions Private Limited | Director | 12 Sep 2020 | 6 Years 0 Months | Current |
| Amit Vanubhai Mehta | Director | 02 Jan 2002 | 24 Years 9 Months | Current |
| Dhiren Vanubhai Mehta | Director | 02 Jan 2002 | 24 Years 9 Months | Current |
Ownership and Shareholding of Midas Touch Gems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midas Touch Gems Private Limited
Midas Touch Gems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Midas Touch Gems Private Limited
Employment history and EPFO contributions of people linked to Midas Touch Gems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Midas Touch Gems Private Limited
Midas Touch Gems Private Limited has 4 board changes on record since 2002: 4 appointments. The latest: Bela Amit Mehta was appointed as Director on 12 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Midas Touch Gems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midas Touch Gems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midas Touch Gems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midas Touch Gems Private Limited
Midas Touch Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM4242J1ZG | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midas Touch Gems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Midas Touch Gems Private Limited
Midas Touch 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 02 January 2002 (24+ years old) and is registered under CIN U36911GJ2002PTC040328.
Midas Touch Gems reported revenue of ₹2.78 Lakh for FY 2020 (up 79% YoY).
Midas Touch Gems has 4 current directors:
- Shruti Dhiren Mehta - Director
- Bela Amit Mehta - Director
- Amit Vanubhai Mehta - Director
- Dhiren Vanubhai Mehta - Director
Midas Touch Gems reported a net profit of ₹10,883 (net margin 3.9%) and EBITDA of ₹42,815 (EBITDA margin 15.4%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Touch Gems is 26% over three years and 37% over five years. In the latest year (FY 2020) revenue rose 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midas Touch Gems is 27AADCM4242J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midas Touch Gems is U36911GJ2002PTC040328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Touch Gems was incorporated on 02 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bela Amit Mehta was appointed as Director on 12 Sep 2020. Shruti Dhiren Mehta was appointed as Director on 12 Sep 2020. Amit Vanubhai Mehta was appointed as Director on 02 Jan 2002. Midas Touch Gems has 4 board changes on record in total.
The registered office of Midas Touch Gems is at 712 7th Flr Shri Ram Apart Co – Op. H. Soc. Ltd Rajeshwar Apt Athugar Maholla Nanpura, Surat, Gujarat, India – 395001.