Gem Leathers Ltd.

Produces and sells leather goods, including clothing, footwear, and wallets.

1987 | Chennai, Tamil Nadu (India) | Under Dissolution
Last Updated: January 15, 2025

Gem Leathers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 21.60 Cr
  • Revenue Growth %
  • Profit Growth -272.27%
  • Ebitda -272.27%
  • Net Worth -0.05%
  • Total Assets %

About Gem Leathers

Gem Leathers Ltd. (GLL) is Under Process Of Striking Off company established on 10 Mar 1987 with its office registered at Chennai, Tamil Nadu, India and has been running since 37 Year, 11 Months with a paid up capital of 4.90 M. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18209TN1987PLC014105

  • Company No.

    014105

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1987

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

Who are the key members and board of directors at Gem Leathers?

Board Members (3)

Name Designation Appointment Date Status
Salem Asaithambi Country flag representing In Director 24-Mar-1997 Current
Raju Gunasekaran Country flag representing In Director 05-Jul-2013 Current
Kunnapakkam Kesavan Country flag representing In Director 06-Dec-2021 Current

Financial Performance of Gem Leathers.

Gem Leathers Ltd., for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 272.27% decrease in profit. The company's net worth dipped by a decrease of 0.05%.

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
Revenue from Operations
Total Assets
Profit or Loss
-272.27%
Net Worth
-0.05%
EBITDA
-272.27%

What is the Ownership and Shareholding Structure of Gem Leathers?

In 2018, Gem Leathers had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹216.00 M

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corpn. Ltd. : 21.60 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 1994 The Hongkong And Shanghai Banking Corpn. Ltd. ₹7.40 Cr Satisfied
12 Dec 1994 The Hongkong And Shanghai Banking Corpn. Ltd. ₹5.70 Cr Satisfied
15 Sep 1994 The Hongkong And Shanghai Banking Corpn. Ltd. ₹5.70 Cr Satisfied
15 Sep 1994 The Hongkong And Shanghai Banking Corpn. Ltd. ₹2.80 Cr Satisfied

How Many Employees Work at Gem Leathers?

Gem Leathers has a workforce of 0 employees as of Mar 30, 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 Gem Leathers, 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 Gem Leathers'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 Gem Leathers

Recent activity within the organization

  • Charges

    A charge registered on 12 Dec 1994 via Charge ID 90307502 with The Hongkong And Shanghai Banking Corpn. Ltd. was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 12 Dec 1994 via Charge ID 90304872 with The Hongkong And Shanghai Banking Corpn. Ltd. was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 15 Sep 1994 via Charge ID 90304839 with The Hongkong And Shanghai Banking Corpn. Ltd. was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 15 Sep 1994 via Charge ID 90306245 with The Hongkong And Shanghai Banking Corpn. Ltd. was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Director Appointment

    Kunnapakkam Elaiavalli Kesavan was appointed as a Director was appointed as a Director on 06 Dec 2021 & has been associated with this company since 3 years 2 months .

    06 Dec 2021

  • Annual General Meeting

    Gem Leathers Ltd. last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

Frequently asked questions

  • Gem Leathers Ltd. was incorporated on 10 Mar 1987.

  • The authorized share capital of Gem Leathers Ltd. is ₹ 5.00 M and paid-up capital is ₹ 4.90 M.

  • Currently 3 directors are associated with Gem Leathers Ltd..

    • Salem Rangasamy Asaithambi
    • Raju Gunasekaran
    • Kunnapakkam Elaiavalli Kesavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gem Leathers Ltd. is 58 Cathedral Road, Madras. India, Gopalapuram, Tamil Nadu, 600086.

  • The corporate identification number (CIN) of Gem Leathers Ltd. is U18209TN1987PLC014105 and the company number is 014105 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Gem Leathers Ltd. has experienced an downturn of -0.05%.

  • The most recent Balance Sheet for Gem Leathers Ltd. was filed with the ROC on 31 Mar 2020.

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