Facets Gems Polishing Works Private Limited

Diamond manufacturing and wind power generation on job-work basis.

1995 | Surat, Gujarat (India) | Active
Last Updated: December 23, 2024

Facets Gems Polishing Works Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.42 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,025.00 Cr
  • Revenue Growth -9.60%
  • Profit Growth -292.93%
  • Ebitda -260.49%
  • Net Worth -14.82%
  • Total Assets -10.00%

About Facets Gems Polishing Works

Facets Gems Polishing Works Private Limited (FGPWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 1995 and has a history of 29 years and three months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Tirupathi Shipbreaking Industries Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 2.42 M.

The company currently has active open charges totaling ₹1,025.00 Cr.

Dineshchandra Shah, Pankajkumar Shah, and Ashishbhai Amichandwala serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36912GJ1995PTC027887

  • Company No.

    027887

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power
Consumer Goods

Who are the key members and board of directors at Facets Gems Polishing Works?

Board Members (3)

Name Designation Appointment Date Status
Dineshchandra Shah Country flag representing In Director 18-Jul-2022 Current
Pankajkumar Shah Country flag representing In Director 01-Jun-2020 Current
Ashishbhai Amichandwala Country flag representing In Director 24-Mar-2022 Current

Financial Performance of Facets Gems Polishing Works.

Facets Gems Polishing Works Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 9.6% decrease. The company also saw a substantial fall in profitability, with a 292.93% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.82%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-9.60%
Revenue from Operations
-10.44%
Total Assets
-10.00%
Profit or Loss
-292.93%
Net Worth
-14.82%
EBITDA
-260.49%

What is the Ownership and Shareholding Structure of Facets Gems Polishing Works?

In 2022, Facets Gems Polishing Works had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,250.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Royal Bank Of Scotland N.V (Acting As Lead Bank) : 550.00 Cr
  • Others : 475.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Nov 2018 Others ₹475.00 Cr Open
18 Feb 2014 The Royal Bank Of Scotland N.V (Acting As Lead Bank) ₹550.00 Cr Open

How Many Employees Work at Facets Gems Polishing Works?

Facets Gems Polishing Works has a workforce of 65 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Facets Gems Polishing Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Facets Gems Polishing Works's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Facets Gems Polishing Works

Recent activity within the organization

  • Annual General Meeting

    Facets Gems Polishing Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 4,750.00 M registered on 02 Nov 2018 with Charge ID 100219893 was modified on 06 Aug 2024.

    06 Aug 2024

  • Balance Sheet

    Facets Gems Polishing Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Dineshchandra Mohanlal Shah was appointed as a Director was appointed as a Director on 18 Jul 2022 & has been associated with this company since 2 years 6 months .

    18 Jul 2022

  • Director Appointment

    Ashishbhai Amichandwala was appointed as a Director was appointed as a Director on 24 Mar 2022 & has been associated with this company since 2 years 10 months .

    24 Mar 2022

  • Director Appointment

    Pankajkumar Bipinchandra Shah was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 4 years 8 months .

    01 Jun 2020

Frequently asked questions

  • Facets Gems Polishing Works Private Limited was incorporated on 18 Oct 1995.

  • The authorized share capital of Facets Gems Polishing Works Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.42 M.

  • Currently 3 directors are associated with Facets Gems Polishing Works Private Limited.

    • Dineshchandra Mohanlal Shah
    • Pankajkumar Bipinchandra Shah
    • Ashishbhai Amichandwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Facets Gems Polishing Works Private Limited is Plot No. X-03 X-04 X-05 Gems And Jewellery Park Hira Bourse Hazira Road India, Choryasi, Gujarat, 394510.

  • The corporate identification number (CIN) of Facets Gems Polishing Works Private Limited is U36912GJ1995PTC027887 and the company number is 027887 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Facets Gems Polishing Works Private Limited has fallen by -9.60%.

  • As Per 2021 financial reports, 65 employees are currently employed by Facets Gems Polishing Works Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Facets Gems Polishing Works Private Limited has experienced an downturn of -14.82%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Facets Gems Polishing Works Private Limited amount to ₹ 1,025.00 Cr.

  • The most recent Balance Sheet for Facets Gems Polishing Works Private Limited was filed with the ROC on 31 Mar 2024.

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