
Siddhant Gems Private Limited
About Siddhant Gems Private Limited
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Siddhant 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 16 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36910GJ2008PTC052655. Its GSTIN is 24AALCS5128F1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Kumar Jain and Deepak Bhawarlal Jain.
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 2020, the company reported a revenue of ₹33.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31,382 (net margin 0%) and EBITDA of ₹41,581 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 59% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Siddhant Gems Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/1892 – 2098 – 2099 Office No. 412 Darmanandan Chamber Balisheri Mahidha, Rpura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Siddhant 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
Financials of Siddhant Gems Private Limited
FY 2025 filings availableSiddhant Gems Private Limited reported revenue of ₹33.78 Cr (up 97823% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹33.78 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹41,581 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31,382 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Siddhant Gems Private Limited, buy the company report.
Board of directors of Siddhant Gems Private Limited
Siddhant Gems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Jain Also directs: Marudhar Diamond Private Limited, Tanman Jewels Private Limited | Director | 20 Jan 2011 | 15 Years 9 Months | Current |
| Deepak Bhawarlal Jain Also directs: Sanmati Gems Private Limited, Marudhar Diamond Private Limited, Surya Diamond Private Limited and 1 more | Director | 16 Jan 2008 | 18 Years 9 Months | Current |
Auditor
Siddhant Gems Private Limited is audited by MANOJ SANDHYA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SANDHYA & CO | FY 2020 | 128529W |
Shareholding
The shareholding of Siddhant Gems Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Siddhant Gems Private Limited, buy the company report.
Legal cases
Siddhant Gems Private Limited has 5 court cases on record: 3 filed by Siddhant Gems, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Income Tax Officer | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Income Tax Officer, Ward 2( | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Income Tax Officer, Ward 2( | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Notice cases) | Filed against the company by an individual | Disposed |
To see the full case history of Siddhant Gems Private Limited, 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 Siddhant Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Siddhant Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS5128F1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siddhant Gems Private Limited, buy the company report.
Recent activity
Siddhant Gems Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Rakesh Kumar Jain was appointed as Director on 20 Jan 2011.
Frequently asked questions
Siddhant 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 16 January 2008 (18+ years old) and is registered under CIN U36910GJ2008PTC052655.
Siddhant Gems has 2 current directors:
- Rakesh Kumar Jain - Director
- Deepak Bhawarlal Jain - Director
The latest financial statements of Siddhant Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Siddhant Gems is 24AALCS5128F1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Siddhant Gems is U36910GJ2008PTC052655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siddhant Gems has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
Siddhant Gems was incorporated on 16 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rakesh Kumar Jain was appointed as Director on 20 Jan 2011. Surendra Abhay Chaplot ceased to be Director on 20 Jan 2011. Deepak Bhawarlal Jain was appointed as Director on 16 Jan 2008.
The registered office of Siddhant Gems is at 61892 – 2098 – 2099 Office No. 412 Darmanandan Chamber Balisheri Mahidha, Rpura, Surat, Gujarat, India – 395003.
Siddhant Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.

