Pihu Gems LLP
About Pihu Gems LLP
Data last updated:
Pihu Gems LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 13 November 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAC-9125. Its GSTIN is 24AAQFP5437J1ZT (Gujarat). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Laxman Amara Ram Gurjer and Piyush Vijayvargia.
Its latest statement of accounts is for the year ended 31 March 2021. The registered office is at 6/2497 Cabin No. C 3rd Floor Balaji Sadan Limbu Sheri Mahidharpura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹22.49 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Lakh (net margin 0.1%) and EBITDA of ₹21.35 Cr (EBITDA margin 94.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 26% over five years.
Court records list 3 cases involving the LLP, including 1 filed by the LLP and 2 filed against it; 3 cases are pending.
Company details
Contact details
Pihu Gems LLP's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address6/2497 Cabin No. C 3rd Floor Balaji Sadan Limbu Sheri Mahidharpura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Pihu Gems LLP, 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
Financials of Pihu Gems LLP
FY 2021 filings availablePihu Gems LLP reported revenue of ₹22.49 Cr (down 82% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 82% fall in the latest year. EBITDA fell 82% 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
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Income | ₹22.49 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹1.29 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Pihu Gems LLP, buy the company report.
Designated partners of Pihu Gems LLP
Pihu Gems has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxman Amara Ram Gurjer | Designated Partner | 23 Dec 2014 | 11 Years 10 Months | Current |
| Piyush Vijayvargia Also directs: Scorpius Stone Private Limited | Designated Partner | 04 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Pihu Gems LLP is audited by PRINCE PIPARA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRINCE PIPARA & ASSOCIATES | FY 2020 | 145995W |
Legal cases
Pihu Gems LLP has 3 court cases on record: 1 filed by Pihu Gems, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (Money Laundering) | Filed against the company | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Union of India | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Pending |
To see the full case history of Pihu Gems LLP, 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
No delayed payments to MSME suppliers are on our record for Pihu Gems LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pihu Gems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQFP5437J1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pihu Gems LLP, buy the company report.
Recent activity
Pihu Gems LLP has 4 designated partner changes on record since 2014: 2 appointments and 2 cessations. The latest: Kanak Narayan Vyas ceased to be Designated Partner on 04 Apr 2019.
Frequently asked questions
Pihu Gems is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 13 November 2014 (12+ years old) and is registered under LLPIN AAC-9125.
Pihu Gems has 2 current designated partners:
- Laxman Amara Ram Gurjer - Designated Partner
- Piyush Vijayvargia - Designated Partner
The latest financial statements of Pihu Gems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 March 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pihu Gems is 24AAQFP5437J1ZT, registered in Gujarat. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Pihu Gems is AAC-9125. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Pihu Gems has 3 court cases on record: 1 filed by the LLP and 2 filed against it. 3 are pending. Most are in the district courts.
Pihu Gems was incorporated on 13 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kanak Narayan Vyas ceased to be Designated Partner on 04 Apr 2019. Piyush Vijayvargia was appointed as Designated Partner on 04 Apr 2019. Laxman Amara Ram Gurjer was appointed as Designated Partner on 23 Dec 2014. Pihu Gems has 4 designated partner changes on record in total.
The registered office of Pihu Gems is at 62497 Cabin No. C 3rd Floor Balaji Sadan Limbu Sheri Mahidharpura, Surat, Gujarat, India – 395003.
Pihu Gems operates in the consumer goods industry, in the watches and jewelry manufacturing segment.