Vidhi Gems LLP
About Vidhi Gems LLP
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Vidhi Gems 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 21 January 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-5345. Its GSTIN is 24AANFV4565E1ZY (Gujarat). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Bharatbhai Meghjibhai Vasani and Bina Kalpesh Sutariya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹168.83 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.75 Cr (net margin 1.6%) and EBITDA of ₹6.87 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 23% over five years.
The LLP has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹27.33 Cr and satisfied charges of ₹8.33 Cr on record.
Company details
Contact details
Vidhi Gems LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressCc – 2120 Bharat Diamond Bourse G Block, Bandra Kurla Complex Bandra – E, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Vidhi Gems 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 Vidhi Gems LLP
FY 2025 filings availableVidhi Gems LLP reported revenue of ₹168.83 Cr (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 6% growth in the latest year. EBITDA fell 2% 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 |
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| Profit After Tax | ₹2.75 Cr | ||||
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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 |
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| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Vidhi Gems LLP, buy the company report.
Designated partners of Vidhi Gems LLP
Vidhi Gems has 7 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Meghjibhai Vasani | Designated Partner | 21 Jan 2016 | 10 Years 9 Months | Current |
| Bina Kalpesh Sutariya | Designated Partner | 21 Jan 2016 | 10 Years 9 Months | Current |
| Sunitaben Paragbhai Shah | Designated Partner | 21 Jan 2016 | 10 Years 9 Months | Current |
| Vidhi Parag Shah | Designated Partner | 21 Jan 2016 | 10 Years 9 Months | Current |
| Prakash Nanubhai Mangukiya | Designated Partner | 21 Jan 2016 | 10 Years 9 Months | Current |
| Vimlaben Khimjibhai Suthariya | Designated Partner | 21 Jan 2016 | 10 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2018 | 100160820 | City Union Bank Limited | ₹27.33 Cr | Open | |
| 02 Jan 2018 | 100160637 | City Union Bank Limited | ₹6.5 Cr | Satisfied | |
| 02 Jan 2018 | 100160878 | City Union Bank Limited | ₹88 Lakh | Satisfied | |
| 25 Apr 2017 | 100108667 | State Bank of India | ₹95 Lakh | Satisfied |
To see the full charge records of Vidhi Gems LLP, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Vidhi Gems 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 Vidhi Gems LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vidhi Gems LLP has a workforce of 27 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Vidhi Gems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANFV4565E1ZY | Gujarat | Active | 01 Jul 2017 |
| 27AANFV4565E1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vidhi Gems LLP, buy the company report.
Recent activity
Vidhi Gems LLP has 7 designated partner changes on record since 2016: 7 appointments. The latest: Bharatbhai Meghjibhai Vasani was appointed as Designated Partner on 21 Jan 2016.
6 earlier events are in the company report.
Frequently asked questions
Vidhi Gems 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 21 January 2016 (10+ years old) and is registered under LLPIN AAF-5345.
Vidhi Gems has 7 current designated partners:
- Bharatbhai Meghjibhai Vasani - Designated Partner
- Bina Kalpesh Sutariya - Designated Partner
- Sunitaben Paragbhai Shah - Designated Partner
- Vidhi Parag Shah - Designated Partner
- Prakash Nanubhai Mangukiya - Designated Partner
- Vimlaben Khimjibhai Suthariya - Designated Partner
- Kalpesh Khimjibhai Sutariya - Designated Partner
The latest financial statements of Vidhi Gems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Vidhi Gems is 24AANFV4565E1ZY, registered in Gujarat. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AANFV4565E1ZS (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Vidhi Gems is AAF-5345. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Vidhi Gems was incorporated on 21 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharatbhai Meghjibhai Vasani was appointed as Designated Partner on 21 Jan 2016. Bina Kalpesh Sutariya was appointed as Designated Partner on 21 Jan 2016. Kalpesh Khimjibhai Sutariya was appointed as Designated Partner on 21 Jan 2016. Vidhi Gems has 7 designated partner changes on record in total.
The registered office of Vidhi Gems is at Cc – 2120 Bharat Diamond Bourse G Block, Bandra Kurla Complex Bandra – E, Mumbai, Maharashtra, India – 400051.
Vidhi Gems operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Vidhi Gems has open charges of ₹27.33 Cr and satisfied charges of ₹8.33 Cr as per latest MCA filings.
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