Sheth Gems Private Limited
About Sheth Gems Private Limited
Data last updated:
Sheth Gems Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 20 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2013PTC076476. Its GSTIN is 24AATCS5291D1Z2 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Reena Paresh Sheth and Paresh Uttamlal Sheth.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.09 Lakh. For the same year it recorded a net loss of ₹1.55 Lakh (net margin -10.3%) and EBITDA of -₹1.52 Lakh (EBITDA margin -10.1%). Revenue has declined at a compounded annual rate (CAGR) of 121% over three years and 76% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH No.6/1355 – B Office – 403 4th Flr Rekhav Chambers Opp Moti Baug Jadakhadi Naka Mahidharp, Ura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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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Business Activity of Sheth Gems Private Limited
The main business activity of Sheth Gems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sheth Gems Private Limited FY 2025 filings available
Sheth Gems Private Limited reported revenue of ₹15.09 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sheth Gems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years. EBITDA rose 65% 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 of Sheth Gems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.55 Lakh | •••• | •••• | •••• | •••• |
| 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 of Sheth Gems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sheth Gems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sheth Gems Private Limited
Sheth Gems Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sheer Gold Private Limited | ₹15.24 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Shri Ram Katyani Impex Private Limited | ₹15.2 Lakh (FY 2020) | •••• | •••• | 1151.0% | •••• | New Delhi, Delhi, India |
| White Lifestyle Private Limited | ₹15.2 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| SCG Exports Pvt Ltd | ₹15.16 Lakh (FY 2022) | •••• | •••• | -68.0% | •••• | Kolkata, West Bengal, India |
| Vaishnavi Gold Limited | ₹15.12 Lakh (FY 2018) | •••• | •••• | -99.0% | •••• | Hyderabad, Telangana, India |
| Sheth Gems Private Limited this company | ₹15.09 Lakh (FY 2025) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Shyam Sundar Ltd | ₹15.07 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Kolkata, West Bengal, India |
| JMB Exim and Gems Private Limited | ₹15.05 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Shri Chain Co. Private Limited | ₹15.02 Lakh (FY 2021) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Samiksha Vanijya Private Limited | ₹15 Lakh (FY 2025) | •••• | •••• | 331026.0% | •••• | Gmc, Assam, India |
| Asika Gold Palace Private Limited | ₹15 Lakh (FY 2022) | •••• | •••• | •••• | Kumbakonam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Sheth Gems by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sheth Gems Private Limited
Sheth Gems Private Limited is audited by Pipara Sancheti & Associates for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pipara Sancheti & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sheth Gems Private Limited
Sheth Gems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Paresh Sheth Also directs: Sheth Gemstar LLP, Sheth Star LLP | Director | 20 Aug 2013 | 13 Years 1 Months | Current |
| Paresh Uttamlal Sheth Also directs: Sheth Gemstar LLP, Sheth Star LLP | Director | 20 Aug 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Sheth Gems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sheth Gems Private Limited
Sheth Gems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Sheth Gems Private Limited
Sheth Gems Private Limited has 2 court cases on record: 2 filed by Sheth Gems. All cases are disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Income Tax Officer, Ward 2(1)(3), Surat | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Sheth Gems Private Limited
Employment history and EPFO contributions of people linked to Sheth Gems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Sheth Gems Private Limited
Sheth Gems Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Paresh Uttamlal Sheth was appointed as Director on 20 Aug 2013.
Credit Ratings, Litigation & Regulatory Alerts for Sheth Gems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sheth Gems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sheth Gems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sheth Gems Private Limited
Sheth Gems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS5291D1Z2 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sheth Gems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sheth Gems Private Limited
Sheth Gems is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 20 August 2013 (13+ years old) and is registered under CIN U51909GJ2013PTC076476.
Sheth Gems reported revenue of ₹15.09 Lakh for FY 2025.
Sheth Gems has 2 current directors:
- Reena Paresh Sheth - Director
- Paresh Uttamlal Sheth - Director
Sheth Gems reported a net loss of ₹1.55 Lakh (net margin -10.3%) and EBITDA of -₹1.52 Lakh (EBITDA margin -10.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sheth Gems is 121% over three years and -76% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sheth Gems is 24AATCS5291D1Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sheth Gems is U51909GJ2013PTC076476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Gems has 2 court cases on record: 2 filed by the company.
Sheth Gems was incorporated on 20 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sheth Gems by revenue are Sheer Gold Private Limited, Shri Ram Katyani Impex Private Limited, White Lifestyle Private Limited, SCG Exports Pvt Ltd, Vaishnavi Gold Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Paresh Uttamlal Sheth was appointed as Director on 20 Aug 2013. Reena Paresh Sheth was appointed as Director on 20 Aug 2013.