Ratnakar Gems Private Limited
About Ratnakar Gems Private Limited
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Ratnakar Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 25 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2008PTC185115. Its GSTIN is 27AAECR0920M1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Joy Shantilal Parikh and Sanjay Shantilal Parikh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Cooper Building No. 12 Khetwadi 12th Cross Lane, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.03 Cr. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 0.4%) and EBITDA of ₹5.07 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ratnakar Gems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCooper Building No. 12 Khetwadi 12th Cross Lane, Mumbai, Maharashtra, India – 400004
- IndustryMusical Instruments, Sports Goods, Musical Instrument, Manufacturing, Jewellery
To see the full contact details of Ratnakar Gems Private 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
Business activity
The main business activity of Ratnakar Gems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ratnakar Gems Private Limited, buy the company report.
Financials of Ratnakar Gems Private Limited
FY 2021 filings availableRatnakar Gems Private Limited reported revenue of ₹3.03 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years. EBITDA fell 30% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹5.07 Lakh | ||||
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| Net Profit (PAT) | ₹1.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Ratnakar Gems Private Limited, buy the company report.
Board of directors of Ratnakar Gems Private Limited
Ratnakar Gems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joy Shantilal Parikh | Director | 25 Jul 2008 | 18 Years 3 Months | Current |
| Sanjay Shantilal Parikh | Director | 25 Jul 2008 | 18 Years 3 Months | Current |
| Ajay Shantilal Parikh | Director | 25 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Ratnakar Gems Private Limited is audited by NARESH S SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH S SHAH & ASSOCIATES | FY 2017 | 010585 |
Shareholding
The shareholding of Ratnakar Gems Private Limited 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 Ratnakar Gems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2015 | 10610555 | The Jammu and Kashmir Bank Limited | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ratnakar 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ratnakar Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ratnakar Gems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR0920M1ZB | Maharashtra | Active | 01 Jul 2017 |
| 30AAECR0920M1ZO | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratnakar Gems Private Limited, buy the company report.
Recent activity
Ratnakar Gems Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Ajay Shantilal Parikh was appointed as Director on 25 Jul 2008.
Frequently asked questions
Ratnakar Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 25 July 2008 (18+ years old) and is registered under CIN U36912MH2008PTC185115.
Ratnakar Gems has 3 current directors:
- Joy Shantilal Parikh - Director
- Sanjay Shantilal Parikh - Director
- Ajay Shantilal Parikh - Director
The latest financial statements of Ratnakar Gems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratnakar Gems is 27AAECR0920M1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAECR0920M1ZO (Goa).
The CIN (Corporate Identification Number) of Ratnakar Gems is U36912MH2008PTC185115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnakar Gems was incorporated on 25 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajay Shantilal Parikh was appointed as Director on 25 Jul 2008. Joy Shantilal Parikh was appointed as Director on 25 Jul 2008. Sanjay Shantilal Parikh was appointed as Director on 25 Jul 2008.
The registered office of Ratnakar Gems is at Cooper Building No. 12 Khetwadi 12th Cross Lane, Mumbai, Maharashtra, India – 400004.
Ratnakar Gems operates in the musical instruments industry, in the sports goods segment.
Ratnakar Gems has open charges of ₹40 Lakh and no satisfied charges on record as per latest MCA filings.
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