Manubhai Gems Private Limited

Jewelry trading company offering a variety of gold and diamond products since 2008.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: January 04, 2025

Manubhai Gems Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 112.82 Cr
  • Satisfied Charges ₹ 122.00 Cr
  • Revenue Growth -22.32%
  • Profit Growth 86.27%
  • Ebitda 54.21%
  • Net Worth 23.85%
  • Total Assets 7.51%

About Manubhai Gems

Manubhai Gems Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 March 2008 and has a history of 16 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Westend Diamonds Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹112.82 Cr. The company has closed loans amounting to ₹122.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hiren Sagar and Samir Sagar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36912MH2008PTC180604

  • Company No.

    180604

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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

Board Members (2)

Name Designation Appointment Date Status
Hiren Sagar Country flag representing In Director 28-Mar-2008 Current
Samir Sagar Country flag representing In Director 28-Mar-2008 Current

Financial Performance of Manubhai Gems.

Manubhai Gems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.32% decrease. The company also saw a substantial improvement in profitability, with a 86.27% increase in profit. The company's net worth Soared by an impressive increase of 23.85%.

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
-22.32%
Revenue from Operations
-22.32%
Total Assets
7.51%
Profit or Loss
86.27%
Net Worth
23.85%
EBITDA
54.21%

What is the Ownership and Shareholding Structure of Manubhai Gems?

In 2023, Manubhai 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)

Open Charges

₹112.82 Cr

Satisfied Charges

₹122.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 112.82 Cr

Latest Charge Details

Date Lender Amount Status
23 Sep 2014 Hdfc Bank Limited ₹32.50 Cr Open
29 Mar 2014 Hdfc Bank Limited ₹80.32 Cr Open
15 Jun 2013 Others ₹37.00 Cr Satisfied
13 Jul 2012 Bank Of India ₹30.00 Cr Satisfied
31 Mar 2011 The Federal Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Manubhai Gems?

Manubhai Gems has a workforce of 216 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Manubhai 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 Manubhai Gems'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 Manubhai Gems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Manubhai Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 80.32 Cr registered on 29 Mar 2014 with Charge ID 10506068 was modified on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge registered on 15 Jun 2013 via Charge ID 10441300 with Others was fully satisfied on 04 Jul 2022.

    04 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 32.50 Cr registered on 23 Sep 2014 with Charge ID 10554573 was modified on 26 Jun 2019.

    26 Jun 2019

  • Charges

    A charge with Others of Rs. 37.00 Cr registered on 15 Jun 2013 with Charge ID 10441300 was modified on 26 Jun 2019.

    26 Jun 2019

Frequently asked questions

  • Manubhai Gems Private Limited was incorporated on 28 Mar 2008.

  • The authorized share capital of Manubhai Gems Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 7.00 Cr.

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

    • Hiren Ashwin Sagar
    • Samir Ashwin Sagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manubhai Gems Private Limited is Shop No 5/6/7 Megh Opp Hsbc Factory Lane Corner, Borivali (W) India, Mumbai, Maharashtra, 400092.

  • The corporate identification number (CIN) of Manubhai Gems Private Limited is U36912MH2008PTC180604 and the company number is 180604 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manubhai Gems Private Limited is https://www.manubhai.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Manubhai Gems Private Limited has fallen by -22.32%.

  • As Per 2021 financial reports, 216 employees are currently employed by Manubhai Gems Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Manubhai Gems Private Limited has experienced an upsurge of 23.85%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Manubhai Gems Private Limited amount to ₹ 112.82 Cr.

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

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