MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0175999
Parasmani Gems Private Limited - consumer goods in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.88 Cr
▲ 23% YoY
Net profit · FY 2024
₹48.34 Lakh
Net margin 1%
EBITDA · FY 2024
₹2.76 Cr
EBITDA margin 5.5%
Authorised capital
₹72 Lakh
Registered with MCA
Paid-up capital
₹72 Lakh
Issued & subscribed
Open charges
₹11.32 Cr
Satisfied ₹10.37 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
3
Provident fund records
About Parasmani Gems Private Limited
Data last updated:
Parasmani Gems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 16 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36910GJ2005PTC046257. Its GSTIN is 24AADCP6337M1Z5 (Gujarat).
The company has an authorised share capital of ₹72 Lakh and a paid-up capital of ₹72 Lakh. It is led by directors including Dakshesh Manharlal Soni and Harsh Daxeshkumar Soni.
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 2 Supan Complex Oppdharnidhar Derasar Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.88 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹48.34 Lakh (net margin 1%) and EBITDA of ₹2.76 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parasmani. As per MCA filings, the company has open charges of ₹11.32 Cr and satisfied charges of ₹10.37 Cr on record.
Parasmani Gems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0175999). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasmanijewellers.com.
Company details
CIN U36910GJ2005PTC046257
Registration Number 046257
Incorporation Date 16 June 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0175999
Key People
Dakshesh Manharlal Soni Director Harsh Daxeshkumar Soni Director Kunal Manharlal Soni Director Recognitions & Rankings of Parasmani Gems
Contact details
Parasmani Gems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parasmanijewellers.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address2 Supan Complex Oppdharnidhar Derasar Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Parasmani Gems Private Limited, buy the company report.
Comprehensive company report
Parasmani Gems 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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Brands
Parasmani Gems operates one associated brand: Parasmani. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jewellery retail services featuring various collections in Ahmedabad. | parasmanijewellers.com |
Business activity
The main business activity of Parasmani 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 Parasmani Gems Private Limited, buy the company report.
Financials of Parasmani Gems Private Limited
FY 2025 filings availableParasmani Gems Private Limited reported revenue of ₹49.88 Cr (up 23% YoY) for FY 2024.
Revenue · FY 2024
₹49.88 Cr ▲ 23%
Net profit · FY 2024
₹48.34 Lakh margin 1%
EBITDA · FY 2024
₹2.76 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 15%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 7%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 23% growth in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 5.5% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Parasmani Gems Private Limited, buy the company report.
Board of directors of Parasmani Gems Private Limited
Parasmani Gems has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshesh Manharlal Soni | Director | 16 Jun 2005 | 21 Years 4 Months | Current |
| Harsh Daxeshkumar Soni Also directs: Parasmani Ventures LLP, Parasmani Engineering Private Limited | Director | 16 Sep 2017 | 9 Years 1 Months | Current |
| Kunal Manharlal Soni Also directs: Parasmani Ventures LLP, Parasmani Engineering Private Limited | Director | 16 Jun 2005 | 21 Years 4 Months | Current |
| Nirav Manhar Lal Soni Also directs: Parasmani Ventures LLP, Parasmani Engineering Private Limited | Director | 16 Jun 2005 | 21 Years 4 Months | Current |
Peer comparison
Parasmani 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 |
|---|---|---|---|---|---|---|
| Inderjit Jewellers Private Limited | ₹50.61 Cr (FY 2025) | 37.0% | Batala, Punjab, India | |||
| Supreme Gems Private Limited | ₹49.91 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Parasmani Gems Private Limitedthis company | ₹49.88 Cr (FY 2024) | ₹48.34 Lakh | 1% | 23.0% | 3 | Ahmedabad, Gujarat, India |
| Diavisz Jewels Private Limited | ₹49.77 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Delhi Chain Company Pvt Ltd | ₹49.69 Cr (FY 2025) | 26.0% | Delhi, India |
To see the full peer comparison of Parasmani Gems Private Limited, buy the company report.
Auditor
Parasmani Gems Private Limited is audited by PATEL & PATEL ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL & PATEL ASSOCIATES | FY 2022 | 115810W |
Shareholding
The shareholding of Parasmani Gems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parasmani Gems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.32 Cr
Satisfied charges
₹10.37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2023 | 100844057 | Hdfc Bank Limited | ₹11.32 Cr | Open | |
| 18 Jul 2007 | 10065232 | Others | ₹10.37 Cr | Satisfied |
To see the full charge records of Parasmani Gems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Parasmani 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.
Credit ratings & regulatory alerts
Parasmani Gems Private Limited was last rated by Crisil on 30 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Dec 2020 |
To see the full credit ratings and regulatory alerts of Parasmani Gems Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parasmani Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parasmani Gems Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 3 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Parasmani Gems Private Limited, buy the company report.
GST
Parasmani Gems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP6337M1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parasmani Gems Private Limited, buy the company report.
Recent activity
Parasmani Gems Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Harsh Daxeshkumar Soni was appointed as Director on 16 Sep 2017.
AGM
Parasmani Gems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parasmani Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 18 Jul 2007 via Charge ID 10065232 with Others was fully satisfied on 30 Jan 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,131.67 Lakh registered on 23 Nov 2023 with Charge ID 100844057 was modified on 04 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,131.67 Lakh with Charge ID 100844057 was registered on 23 Nov 2023.
Charges
A charge with Others of Rs. 1,037.00 Lakh registered on 18 Jul 2007 with Charge ID 10065232 was modified on 13 Dec 2021.
Appointed
Harsh Daxeshkumar Soni was appointed as Director.
Ceased
Shardaben Manharlal Soni ceased to be Director.
Charges
A charge with Others amounted to Rs. 1,037.00 Lakh with Charge ID 10065232 was registered on 18 Jul 2007.
Appointed
Dakshesh Manharlal Soni was appointed as Director.
Appointed
Kunal Manharlal Soni was appointed as Director.
Appointed
Nirav Manhar Lal Soni was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Parasmani Gems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 16 June 2005 (21+ years old) and is registered under CIN U36910GJ2005PTC046257.
Parasmani Gems has 4 current directors:
- Dakshesh Manharlal Soni - Director
- Harsh Daxeshkumar Soni - Director
- Kunal Manharlal Soni - Director
- Nirav Manhar Lal Soni - Director
The latest financial statements of Parasmani 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 Parasmani Gems is 24AADCP6337M1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Parasmani Gems is U36910GJ2005PTC046257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parasmani Gems was incorporated on 16 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parasmani Gems by revenue are Inderjit Jewellers Private Limited, Supreme Gems Private Limited, Diavisz Jewels Private Limited, Delhi Chain Company Pvt Ltd, 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).
Harsh Daxeshkumar Soni was appointed as Director on 16 Sep 2017. Shardaben Manharlal Soni ceased to be Director on 07 Mar 2010. Dakshesh Manharlal Soni was appointed as Director on 16 Jun 2005. Parasmani Gems has 5 board changes on record in total.
Yes, Parasmani Gems is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0175999).
Parasmani Gems can be reached through the website parasmanijewellers.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Parasmani Gems is at 2 Supan Complex Oppdharnidhar Derasar Paldi, Ahmedabad, Gujarat, India – 380007.
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