Forever Gems Private Limited

Manufactures and sells a variety of jewelry made from precious metals and stones.

2008 | Banaskantha, Gujarat (India) | Active
Last Updated: December 08, 2024

Forever Gems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -34.10%
  • Profit Growth 3.24%
  • Ebitda 218.29%
  • Net Worth 8.13%
  • Total Assets -0.66%

About Forever Gems

Forever Gems Private Limited (FGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2008 and has a history of 16 years and 11 months. Its registered office is in Banaskantha, Gujarat, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Hemangkumar Sheth and Bhogilal Sheth serve as directors at the Company.

Company Details

  • Location

    Banaskantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911GJ2008PTC053023

  • Company No.

    053023

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

Who are the key members and board of directors at Forever Gems?

Board Members (2)

Name Designation Appointment Date Status
Hemangkumar Sheth Country flag representing In Director 25-Feb-2008 Current
Bhogilal Sheth Country flag representing In Director 13-Nov-2013 Current

Financial Performance of Forever Gems.

Forever Gems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 34.1% decrease. The company also saw a slight improvement in profitability, with a 3.24% increase in profit. The company's net worth moved up by a moderate rise of 8.13%.

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
-34.10%
Revenue from Operations
-28.23%
Total Assets
-0.66%
Profit or Loss
3.24%
Net Worth
8.13%
EBITDA
218.29%

What is the Ownership and Shareholding Structure of Forever Gems?

In 2022, Forever Gems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Forever Gems?

Unlock and access historical data on people associated with Forever Gems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forever Gems, 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 Forever Gems's trajectory.

Rating

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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 Forever Gems

Recent activity within the organization

  • Annual General Meeting

    Forever Gems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Forever Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Bhogilal Jamnadas Sheth was appointed as a Director was appointed as a Director on 13 Nov 2013 & has been associated with this company since 11 years 2 months .

    13 Nov 2013

  • Director Appointment

    Hemangkumar Bhogilal Sheth was appointed as a Director was appointed as a Director on 25 Feb 2008 & has been associated with this company since 16 years 11 months .

    25 Feb 2008

  • Company Incorporation

    Forever Gems Private Limited was registered on 25 Feb 2008 with Roc Ahmedabad & aged 16 years 11 months as per MCA records.

    25 Feb 2008

Frequently asked questions

  • Forever Gems Private Limited was incorporated on 25 Feb 2008.

  • The authorized share capital of Forever Gems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Forever Gems Private Limited.

    • Hemangkumar Bhogilal Sheth
    • Bhogilal Jamnadas Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Forever Gems Private Limited is 50-51 Swati Society Behind Circuit House Aabu Highway, India, Palanpur, Gujarat, 385001.

  • The corporate identification number (CIN) of Forever Gems Private Limited is U36911GJ2008PTC053023 and the company number is 053023 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Forever Gems Private Limited has fallen by -34.10%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Forever Gems Private Limited has experienced an upsurge of 8.13%.

  • The most recent Balance Sheet for Forever Gems Private Limited was filed with the ROC on 31 Mar 2023.

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