Priyanka Gems Pvt Ltd
About Priyanka Gems Pvt Ltd
Data last updated:
Priyanka Gems Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 17 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1991PTC063291. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹51.7 Lakh. It is led by directors Sudhirbhai Ambalal Mehta and Dhanesh Vrajlal Sheth.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.21 Cr. For the same year it recorded a net loss of ₹5.64 Cr (net margin -27.9%) and EBITDA of ₹27.58 Lakh (EBITDA margin 1.4%).
As per MCA filings, the company has open charges of ₹5,238 Cr and satisfied charges of ₹40 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Priyanka Gems has one previous CIN (Corporate Identification Number): U36912MH2004PTC063291. The current CIN is U36912MH1991PTC063291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36912MH1991PTC063291 | Current |
| U36912MH2004PTC063291 | Previous |
Contact details
Priyanka Gems Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 15 1st Floor 15A/15B Supariwala Estate Tata Road No 2 Roxy Cinema Opera House, Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Priyanka Gems Pvt Ltd, 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 Priyanka Gems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Priyanka Gems Pvt Ltd, buy the company report.
Financials of Priyanka Gems Pvt Ltd
FY 2017 filings availablePriyanka Gems Pvt Ltd reported revenue of ₹20.21 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹20.21 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹27.58 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.64 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.4% | ||
| Net Profit Margin | -27.9% | ||
| 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 | |||
To see the full financial statements and ratios of Priyanka Gems Pvt Ltd, buy the company report.
Board of directors of Priyanka Gems Pvt Ltd
Priyanka Gems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhirbhai Ambalal Mehta Also directs: Rohan Diamonds Private Limited, Mozart Trading Private Limited, Hyderabad Gems Sez Limited and 4 more | Director | 14 Mar 1997 | 29 Years 7 Months | Current |
| Dhanesh Vrajlal Sheth Also directs: Gitanjali Gold and Precious LLP, Gitanjali Realtors LLP, Mast Jewellery Distributions LLP and 5 more | Director | 14 Mar 1997 | 29 Years 7 Months | Current |
Peer comparison
Priyanka Gems Pvt Ltd is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RDG Enterprise Private Limited | ₹20.44 Cr (FY 2024) | 28.0% | Kolkata, West Bengal, India | |||
| Priyanka Gems Pvt Ltdthis company | ₹20.21 Cr (FY 2017) | -₹5.64 Cr | -27.9% | Mumbai, Maharashtra, India | ||
| Phusaram Mundhra Private Limited | ₹20.13 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| LMD Assay and Refinnery Private Limited | ₹20.06 Cr (FY 2024) | -90.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Priyanka Gems Pvt Ltd, buy the company report.
Auditor
Priyanka Gems Pvt Ltd is audited by H P PATEL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H P PATEL & CO | FY 2017 | 122606W |
Shareholding
The shareholding of Priyanka Gems Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Priyanka Gems Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2014 | 10575777 | Icici Bank Limited | ₹5,198 Cr | Open | |
| 26 May 2014 | 10520209 | Sicom Limited | ₹20 Cr | Open | |
| 09 Mar 2013 | 10416617 | Sicom Limited | ₹20 Cr | Open | |
| 24 Aug 2012 | 10375322 | Sicom Limited | ₹20 Cr | Satisfied | |
| 22 Feb 2012 | 10338158 | Sicom Limited | ₹20 Cr | Satisfied |
To see the full charge records of Priyanka Gems Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Priyanka Gems Pvt Ltd has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Ifci Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Ltd Th.Ms.Vishakha Tambe | Disposed |
To see the full case history of Priyanka Gems Pvt Ltd, 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.
Credit ratings & regulatory alerts
Priyanka Gems Pvt Ltd was last rated by Care on 20 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Aug 2021 |
To see the full credit ratings and regulatory alerts of Priyanka Gems Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Priyanka Gems Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Priyanka Gems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Priyanka Gems Pvt Ltd, buy the company report.
Recent activity
Priyanka Gems Pvt Ltd has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Dhanesh Vrajlal Sheth ceased to be Director on 26 Sep 2020.
3 earlier events are in the company report.
Frequently asked questions
Priyanka Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 17 September 1991 (35+ years old) and is registered under CIN U36912MH1991PTC063291.
Priyanka Gems has 2 current directors:
- Sudhirbhai Ambalal Mehta - Director
- Dhanesh Vrajlal Sheth - Director
The latest financial statements of Priyanka Gems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
No. Priyanka Gems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Priyanka Gems is U36912MH1991PTC063291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priyanka Gems has 4 court cases on record: 4 filed against it.
Priyanka Gems was incorporated on 17 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Priyanka Gems by revenue are RDG Enterprise Private Limited, Phusaram Mundhra Private Limited, LMD Assay and Refinnery Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Dhanesh Vrajlal Sheth ceased to be Director on 26 Sep 2020. Sudhirbhai Ambalal Mehta ceased to be Director on 17 Mar 2018. Upen Kanakkumar Shah ceased to be Director on 13 Mar 2010. Priyanka Gems has 5 board changes on record in total.
The registered office of Priyanka Gems is at A – 15 1st Floor 15A15B Supariwala Estate Tata Road No 2 Roxy Cinema Opera House, Girgaon, Mumbai, Maharashtra, India – 400004.
Priyanka Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
