Gem Sugars Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
as on 26-06-2024
- Paid Up Capital ₹ 45.00 Cr
as on 26-06-2024
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 607.79 Cr
as on 26-06-2024
- Satisfied Charges ₹ 334.68 Cr
as on 26-06-2024
- Revenue 25.50%
(FY 2022)
- Profit 16.47%
(FY 2022)
- Ebitda -5.28%
(FY 2022)
- Net Worth 6.22%
(FY 2022)
- Total Assets 24.74%
(FY 2022)
About Gem Sugars
The Company is engaged in the Agriculture 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 75.00 Cr and a paid-up capital of Rs 45.00 Cr.
The company currently has active open charges totaling ₹607.79 Cr. The company has closed loans amounting to ₹334.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gem Sugars Limited India are Sundaresan Srinivasan as COMPANY SECRETARY and Marimuthu Kasiviswanathan as Cfo. Praveen Doddanavar, Jawaherlal Doddannavar, Venkatachalam Balasubramanian, and Five other members serve as directors at the Company.
- CIN/LLPIN
U85110KA1995PLC017324
- Company No.
017324
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Mar 1995
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
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- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Gem Sugars?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sundaresan Srinivasan | Company Secretary | 06-Oct-2008 | Current |
| Marimuthu Kasiviswanathan | CFO | 30-Mar-2016 | Current |
Sekar Rangaswamy  | Managing Director | 06-Mar-1995 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveen Doddanavar | Director | 11-Dec-2006 | Current |
| Jawaherlal Doddannavar | Whole-Time Director | 01-Jan-2006 | Current |
| Venkatachalam Balasubramanian | Additional Director | 24-Jun-2000 | Current |
| Lata Prasad | Director | 16-Aug-2017 | Current |
| Panickanur Rajamanickam | Director | 30-Mar-2005 | Current |
| Ramesh Doddanavar | Director | 27-Dec-2007 | Current |
Financial Performance and Corporate Structure Insights of Gem Sugars.
Gem Sugars Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.5% increase. The company also saw a substantial improvement in profitability, with a 16.47% increase in profit. The company's net worth moved up by a moderate rise of 6.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Gem Sugars?
In 2022, Gem Sugars had a promoter holding of 63.14% and a public holding of 36.86%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shiraguppi Sugar Works LimitedActive 29 years 6 monthsPraveen Doddanavar and Ramesh Doddanavar are mutual person
Banashankari Sugars Private LimitedActive 28 years 9 monthsJawaherlal Doddannavar and Sekar Rangaswamy are mutual person
Db Renews Private LimitedActive 13 years 1 monthPraveen Doddanavar and Ramesh Doddanavar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Mar 2024 | ₹6.00 Cr | Open |
Bank Of India Creation Date: 22 Jan 2024 | ₹45.00 Cr | Open |
Others Creation Date: 01 Jul 2022 | ₹40.00 Cr | Open |
How Many Employees Work at Gem Sugars?
Gem Sugars has a workforce of 181 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gem Sugars, 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 Sugars's trajectory.
Rating
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
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.
