Gem Software Solutions Limited

IT solutions and consulting services for various industries, with notable clients and over 20 years of experience.

1997 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Gem Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -2.36%
  • Profit Growth -369.56%
  • Ebitda 1652.17%
  • Net Worth -16.26%
  • Total Assets -11.84%

About Gem Software Solutions

Gem Software Solutions Limited (GSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 January 1997 and has a history of 28 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Pronet System Limited. The Company is engaged in the Information Technology 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 1.00 Cr and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ramadoss Govindaraj, Srinivasan Gopal, and Mahandra Panicker serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TN1997PLC037260

  • Company No.

    037260

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Business Outsourcing

What products or services does Gem Software Solutions Limited offer?

Gem Software Solutions Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Development Services, Data Entry & Data Processing Service, Data Management, IT, Networking & Automation Solution, IT Solutions, Diploma Courses, Mobile Application Development, Android Application Development Services, ERP Packages.

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

Board Members (3)

NameDesignationAppointment DateStatus
Mahandra Panicker Country flag representing In Director 07-Oct-2008Current
Ramadoss Govindaraj Country flag representing In Director 07-Oct-2008Current
Srinivasan Gopal Country flag representing In Director 03-Jan-2017Current

Financial Performance of Gem Software Solutions.

Gem Software Solutions Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.36% decrease. The company also saw a substantial fall in profitability, with a 369.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.26%.

Gem Software Solutions revenue growth over time
Gem Software Solutions 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
-2.36%
Revenue from Operations
-2.34%
Total Assets
-11.84%
Profit or Loss
-369.56%
Net Worth
-16.26%
EBITDA
1652.17%

What is the Ownership and Shareholding Structure of Gem Software Solutions?

In 2022, Gem Software Solutions had a promoter holding of 99.80% and a public holding of 0.20%. 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 Gem Software Solutions?

Gem Software Solutions has a workforce of 159 employees as of Apr 07, 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.

Employee growth trends for Gem Software Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gem Software Solutions, 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 Software Solutions'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 Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Gem Software Solutions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Gem Software Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Srinivasan Gopal was appointed as a Director was appointed as a Director on 03 Jan 2017 & has been associated with this company since 8 years 2 months .

  • Director Appointment

    Ramadoss Govindaraj was appointed as a Director was appointed as a Director on 07 Oct 2008 & has been associated with this company since 16 years 5 months .

  • Director Appointment

    Mahandra Simhan Damodara Panicker was appointed as a Director was appointed as a Director on 07 Oct 2008 & has been associated with this company since 16 years 5 months .

  • Company Incorporation

    Gem Software Solutions Limited was registered on 03 Jan 1997 with Roc Chennai & aged 28 years 2 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Gem Software Solutions Limited?

    Gem Software Solutions Limited was incorporated on 03 Jan 1997.

  • What is authorized share capital and paid-up capital of Gem Software Solutions Limited?

    The authorized share capital of Gem Software Solutions Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Gem Software Solutions Limited?

    Currently 3 directors are associated with Gem Software Solutions Limited.

    • Ramadoss Govindaraj
    • Srinivasan Gopal
    • Mahandra Simhan Damodara Panicker

  • What is the registered address of Gem Software Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gem Software Solutions Limited is 78, Cathedral Road India, Chennai, Tamil Nadu, 600086.

  • What is the corporate identification number (CIN) and company number of Gem Software Solutions Limited?

    The corporate identification number (CIN) of Gem Software Solutions Limited is U72300TN1997PLC037260 and the company number is 037260 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gem Software Solutions Limited?

    The Official website of Gem Software Solutions Limited is https://www.gemsoft.co.in

  • What has been the recent revenue trend for Gem Software Solutions Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Gem Software Solutions Limited has fallen by -2.36%.

  • How many employees does Gem Software Solutions Limited currently have?

    As Per 2022 financial reports, 159 employees are currently employed by Gem Software Solutions Limited.

  • What change has been observed in the net worth of Gem Software Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Gem Software Solutions Limited has experienced an downturn of -16.26%.

  • When was the last Balance Sheet of Gem Software Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Gem Software Solutions Limited was filed with the ROC on 31 Mar 2023.

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