Riddhi Gems Exports LLP
About Riddhi Gems Exports LLP
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Riddhi Gems Exports LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 15 March 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-1792. Its GSTIN is 27AAQFR8932E1ZQ (Maharashtra).
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners including Sandeep Kirtikumar Shah and Jignesh Kirtikumar Shah.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 39 4th Floor Nanik Niwas D. Sathe Marg 30 Banam Hall Lane, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹15.54 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 0.1%) and EBITDA of ₹70.7 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 26% over five years.
As per MCA filings, the LLP has open charges of ₹7.8 Cr on record.
Company details
Contact details
Riddhi Gems Exports LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address39 4th Floor Nanik Niwas D. Sathe Marg 30 Banam Hall Lane, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Riddhi Gems Exports 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 Riddhi Gems Exports LLP
FY 2024 filings availableRiddhi Gems Exports LLP reported revenue of ₹15.54 Cr (down 56% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 56% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹15.54 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
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| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹1.78 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
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| Investments | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.1% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Profit Growth | |||||
To see the full financial statements and ratios of Riddhi Gems Exports LLP, buy the company report.
Designated partners of Riddhi Gems Exports LLP
Riddhi Gems Exports has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kirtikumar Shah | Designated Partner | 15 Mar 2014 | 12 Years 7 Months | Current |
| Jignesh Kirtikumar Shah Also directs: Parshva Moksh Diamond LLP | Designated Partner | 19 Aug 2023 | 3 Years 2 Months | Current |
| Kirtikumar Dhudalal Shah Also directs: Samrudhi Diam LLP | Designated Partner | 15 Mar 2014 | 12 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2015 | 10589387 | Punjab National Bank | ₹7.8 Cr | Open |
To see the full charge records of Riddhi Gems Exports LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Riddhi Gems Exports LLP 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 Riddhi Gems Exports LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Riddhi Gems Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQFR8932E1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riddhi Gems Exports LLP, buy the company report.
Recent activity
Riddhi Gems Exports LLP has 4 designated partner changes on record since 2014: 3 appointments and 1 cessation. The latest: Jignesh Kirtikumar Shah was appointed as Designated Partner on 19 Aug 2023.
Frequently asked questions
Riddhi Gems Exports is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 15 March 2014 (12+ years old) and is registered under LLPIN AAC-1792.
Riddhi Gems Exports has 3 current designated partners:
- Sandeep Kirtikumar Shah - Designated Partner
- Jignesh Kirtikumar Shah - Designated Partner
- Kirtikumar Dhudalal Shah - Designated Partner
The latest financial statements of Riddhi Gems Exports on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Riddhi Gems Exports is 27AAQFR8932E1ZQ, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Riddhi Gems Exports is AAC-1792. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Riddhi Gems Exports was incorporated on 15 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Jignesh Kirtikumar Shah was appointed as Designated Partner on 19 Aug 2023. Jignesh Kirtikumar Shah ceased to be Partner on 18 Aug 2023. Kirtikumar Dhudalal Shah was appointed as Designated Partner on 15 Mar 2014. Riddhi Gems Exports has 4 designated partner changes on record in total.
The registered office of Riddhi Gems Exports is at 39 4th Floor Nanik Niwas D. Sathe Marg 30 Banam Hall Lane, Mumbai, Maharashtra, India – 400004.
Riddhi Gems Exports operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Riddhi Gems Exports has open charges of ₹7.8 Cr and no satisfied charges on record as per latest MCA filings.
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