About Neogem India Limited
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Neogem India Limited is a public 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 25 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L36911MH1991PLC063357. Its GSTIN is 27AAACN1254G1ZR (Maharashtra). It is recorded as listed by MCA, but trading in its shares on BSE (526195) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.17 Cr. It is led by directors including Gaurav Mahindra Doshi (Managing Director) and Ronak Mahindra Doshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 32 Gems & Jewellery Complexiii 2nd Floor Seepz Andheri E, Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2024, the company reported a revenue of ₹19,000, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹80.17 Lakh and EBITDA of -₹80.17 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 60% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neogem India. As per MCA filings, the company has open charges of ₹16.95 Cr and satisfied charges of ₹70 Lakh on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it. The company has 9 deals on record (9 market trades); the latest was in January 2014. Its 3 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, 2 larger and 1 smaller; the largest is Ganesh Kripa Jewellers Private Limited with revenue of ₹20,658. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 86 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neogemindia.com.
Company details
Contact details
Neogem India Limited's registered office is in Mumbai, Maharashtra. Its website is neogemindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 32 Gems & Jewellery Complexiii 2nd Floor Seepz Andheri E, Mumbai, Maharashtra, India – 400096
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Neogem India 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
Brands
Neogem India operates one associated brand: Neogem India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gemstone jewelry is designed, manufactured, and retailed by Neogem India. | neogemindia.com |
Business activity
The main business activity of Neogem India 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 |
Financials of Neogem India Limited
FY 2025 filings availableNeogem India Limited reported revenue of ₹19,000 (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 80% fall in the latest year. EBITDA fell 995% 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 | -₹80.17 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹80.17 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 |
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To see the full financial statements and ratios of Neogem India Limited, buy the company report.
Board of directors of Neogem India Limited
Neogem India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Mahindra Doshi Also directs: Kamya Impex Private Limited | Managing Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Ronak Mahindra Doshi | Whole-Time Director | 28 Mar 1997 | 29 Years 7 Months | Current |
| Manisha Sanjay Jangli | Additional Director | 17 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Neogem India Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Ganesh Kripa Jewellers Private Limited | ₹20,658 (FY 2025) | -99.0% | Mumbai, Maharashtra, India | |||
| Kanishka Platinum Gold and Silver Products Private Limited | ₹20,000 (FY 2025) | -98.0% | Jaipur, Rajasthan, India | |||
| Neogem India Limitedthis company | ₹19,000 (FY 2024) | -₹80.17 Lakh | -80.0% | 20 | Mumbai, Maharashtra, India | |
| Bombay Diamonds Company Private Limited | ₹18,720 (FY 2016) | Surat, Gujarat, India |
To see the full peer comparison of Neogem India Limited, buy the company report.
Auditor
Neogem India Limited is audited by ASHOK BAIRAGRA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK BAIRAGRA AND ASSOCIATES | FY 2023 | 118677W |
Shareholding
The shareholding of Neogem India Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neogem India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2007 | 10076500 | Punjab National Bank | ₹1.6 Cr | Open | |
| 04 Apr 2007 | 10048548 | Punjab National Bank | ₹15 Lakh | Open | |
| 07 Feb 2005 | 80031359 | Punjab National Bank | ₹15 Cr | Open | |
| 22 Jan 2004 | 90164435 | Punjab National Bank | ₹20 Lakh | Open | |
| 10 Sep 1997 | 90163598 | Bank of India | ₹70 Lakh | Satisfied |
To see the full charge records of Neogem India Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Neogem India Limited has 9 deals on record (9 market trades); the latest was in January 2014.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Market trade | ₹3.6 Lakh | Seller: an individual |
| Dec 2013 | Market trade | ₹6.4 Lakh | Seller: an individual |
| Mar 2013 | Market trade | ₹1.93 Cr | Buyer: 4 individuals Seller: 2 individuals |
| Oct 2010 | Market trade | ₹8.5 Lakh | Buyer: an individual |
| Feb 2010 | Market trade | ₹4.6 Lakh | Seller: Param Capital |
To see the full deal history of Neogem India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Neogem India Limited has 15 court cases on record: 8 filed by Neogem India, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 0 |
| District courts | 6 | 5 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed by the company against 0 Export Credit Guarantee Corporation of India Ltd Express Towers ,10Th Floor Nariman Point , District: Mumbai ,Mumbai , Maharashtra and 22 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Export Credit Guarantee Corporation of India Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Bobcards Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Bobcards Limited | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Bobcards Limited | Disposed |
To see the full case history of Neogem India 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
Neogem India Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 86 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VPP & Associates | |||
| Mufg Intime India Private Limited | |||
| an individual supplier | |||
| Pi Techniques Private Limited | |||
| Armapro Security Services Private Limited |
To see the full MSME payment records of Neogem India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Neogem India Limited has a workforce of 20 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Neogem India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1254G1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neogem India Limited, buy the company report.
Recent activity
Neogem India Limited has 13 board changes on record since 1997: 8 appointments and 5 cessations. The latest: Manisha Sanjay Jangli was appointed as Additional Director on 17 Nov 2025.
12 earlier events are in the company report.
Frequently asked questions
Neogem India is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 25 September 1991 (35+ years old) and is registered under CIN L36911MH1991PLC063357.
Neogem India has 3 current directors:
- Gaurav Mahindra Doshi - Managing Director
- Ronak Mahindra Doshi - Whole-Time Director
- Manisha Sanjay Jangli - Additional Director
The latest financial statements of Neogem India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neogem India is 27AAACN1254G1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neogem India is L36911MH1991PLC063357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neogem India is recorded as a listed company by MCA, but trading in its shares on BSE (526195) has been suspended, so they do not currently trade on a stock exchange.
Neogem India has 15 court cases on record: 8 filed by the company and 7 filed against it. Most are in the high courts.
Neogem India was incorporated on 25 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Neogem India has 9 deals on record (9 market trades); the latest was in January 2014.
The peers of Neogem India by revenue are Ganesh Kripa Jewellers Private Limited, Kanishka Platinum Gold and Silver Products Private Limited, Bombay Diamonds Company 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).
Manisha Sanjay Jangli was appointed as Additional Director on 17 Nov 2025. Renu Jawahar Kathuria ceased to be Director on 01 Sep 2025. Jayant Bhikaji Nagarkar ceased to be Director on 10 Apr 2019. Neogem India has 13 board changes on record in total.
Neogem India has 13 MSME Form 1 returns on record between 2019 and 2023, listing 86 overdue payments to 7 micro and small suppliers. The latest return was filed on 17 Nov 2023.
Sample company reports
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