Gitanjali Gems Ltd - Company overview

Gitanjali Gems is shown as "Under Liquidation" in MCA records.

1986-08-21 Mumbai, Maharashtra Under Liquidation Listed Active Non-Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 22.2%
FY 2016
PROFIT / LOSS
₹100–500 Cr
▲ 39.5%
FY 2016
EBITDA
₹500–1000 Cr
▼ -27.2%
FY 2016
NET WORTH
₹1000+ Cr
▲ 5.1%
FY 2016
TOTAL ASSETS
₹1000+ Cr
▲ 13.8%
FY 2016
EMPLOYEE COUNT
631–640
OPEN CHARGES
57
8,124.81 cr
PAID-UP CAPITAL
118.62 cr
AUTHORISED CAPITAL
167.25 cr
COMPANY AGE
40 Years 2 Months
since 1986-08-21
LAST FILING WITH ROC
2017-03-31
Last AGM: 2017-09-28
ACTIVE GST
1
Updated: 2023-02-27 18:47:49
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
94
6,139.42 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Gitanjali Gems covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
55/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (5), financial health (90), director (55) and company-foundation signals.
  • Operating for 40+ years.
Compliance Score High risk
5/100
Statutory filings, status and regulatory flags.
  • Company status is "Under Liquidation" (not Active).
  • Marked ACTIVE non-compliant (INC-22A not filed).
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2016.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 7 directors on the board.
  • Director ANIL UMESH HALDIPUR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Gitanjali Gems Company identity, industry, contact, and registration details from MCA and company records.

Gitanjali Gems is shown as "Under Liquidation" in MCA records. It was registered with ROC Mumbai on 21 August 1986 as a public limited company. The registered office is at A-1, 7Th Floor, Laxmi Tower Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra.

In its MCA filings the main business is listed as other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, which made up 67.36% of turnover.

It has seven directors: Anil Umesh Haldipur, Santanu T Ray, Dhanesh Vrajlal Sheth and 4 others. The longest-serving is Mehul Chinubhai Choksi, on the board since 1986; the most recent to join is Santanu T Ray, appointed in February 2024. Mehul Chinubhai Choksi is the managing director. 13 former directors are on record; the most recent to leave was Pankhuri Abhijit Warange in February 2018. Between them, the directors also sit on the boards of 30 other companies, including Nakshatra Brands Limited and Aaa Capital Services Private Limited.

₹119 crore of its ₹167 crore authorised capital is paid up (about 71%). Its latest balance sheet on MCA is for the year ending 31 March 2017, and the last AGM was on 28 September 2017. 57 charges (secured loans) are still open, with Syndicate Bank and Union Bank Of India among the lenders, and 94 more have been paid off. Its shares trade on BSE (532715).

Consumer Goods ••••••••
  • Location A-1, 7Th Floor, Laxmi Tower Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra - 400051
  • Website gitanjaligroup.com
Legal NameGitanjali Gems Ltd
CIN / LLPINL36911MH1986PLC040689
Company No.040689
Stock Symbol BSE: 532715
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1986-08-21
Date of AGM2017-09-28
Date of Balance Sheet2017-03-31
Listing StatusListed
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Non-Compliant

Current Directors of Gitanjali Gems (7) Current board members from MCA filings, including designation and appointment details.

A
Anil Umesh Haldipur
Director | Since 2017-08-11 | DIN: 07653590
S
Santanu T Ray
IRP/RP/Liquidator | Since 2024-02-22 | DIN: 07902383
D
Dhanesh Vrajlal Sheth
Whole-time director | Since 1990-08-01 | DIN: 00120257
C
Chandrakant Kanu Karkare
CFO | Since 2014-05-30
K
Krishnan Sangameshwaran
Director | Since 2005-10-25 | DIN: 00015745
N
Nazura Yash Ajaney
Director | Since 2014-08-13 | DIN: 06947881

Financial Performance of Gitanjali Gems Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2016
Revenue ₹1000+ Cr ▲ 22.2%
P&L ₹100–500 Cr ▲ 39.5%
EBITDA ₹500–1000 Cr ▼ -27.2%
Net worth ₹1000+ Cr ▲ 5.1%

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Charges of Gitanjali Gems Open and satisfied charges registered against the company with MCA.

Others : 169.00 cr
Corporation Bank : 52.00 cr
Syndicate Bank : 40.36 cr
Union Bank Of India : 21.00 cr
Open Charges: 57 Satisfied Charges: 94
Open 8,124.81 cr
Satisfied 6,139.42 cr
LenderAmountStatus
Syndicate Bank
Creation Date: 21 Dec 2016
 40.36 cr Open
Others
Creation Date: 19 Aug 2016
 60.00 cr Open
Others
Creation Date: 29 Oct 2015
 109.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingOther manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities67.36
TradeWholesale Trading32.64

Companies With Common Directors Of Gitanjali Gems Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Nakshatra Brands Limited 2 Shared Directors
Aaa Capital Services Private Limited 1 Shared Director
Aaa Insolvency Professionals Llp 1 Shared Director
Audarya Investments Private Limited 1 Shared Director
Bezel Jewellery (India) Private Limited 1 Shared Director
Cria Jewellery Private Limited 1 Shared Director
Dynamic Infrazone Private Limited 1 Shared Director
Ego Flooring Private Limited 1 Shared Director
Gili India Limited 1 Shared Director
Gitanjali Exports Corporation Limited 1 Shared Director
Gitanjali Gold And Precious Limited 1 Shared Director
Gitanjali Gold And Precious Llp 1 Shared Director
Gitanjali Lifestyle Limited 1 Shared Director
Gitanjali Realtors Llp 1 Shared Director
Gitanjali Retail Ventures Limited 1 Shared Director
Ljow Private Limited 1 Shared Director
Mast Jewellery Distributions Llp 1 Shared Director
Mast Jewellery Distributions Private Limited 1 Shared Director
Maya Retail Limited 1 Shared Director
Mmtc Gitanjali Limited 1 Shared Director
Modali Gems Private Limited 1 Shared Director
Mozart Trading Private Limited 1 Shared Director
Nakshatra World Limited 1 Shared Director
Partha Gems Private Limited 1 Shared Director
Priyanka Gems Pvt Ltd 1 Shared Director
Raigad Gems Sez Limited 1 Shared Director
Rohan Diamonds Private Limited 1 Shared Director
Sneaking Mercantile Private Limited 1 Shared Director
Spectrum Jewellery Limited 1 Shared Director
West Bengal Sez Limited 1 Shared Director

Financial Ratios of Gitanjali Gems Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

6 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Gitanjali Gems Ownership and contribution detail from filings. Full breakdown unlocks with your report.

2 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Gitanjali Gems EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Gitanjali Gems GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Gitanjali Gems Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

8 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Gitanjali Gems MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Gitanjali Gems Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

6 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Gitanjali Gems Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Gitanjali Gems Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Gitanjali Gems?
MCA does not publish an "owner" field. Gitanjali Gems is run by its directors, Anil Umesh Haldipur, Santanu T Ray, Dhanesh Vrajlal Sheth and four others, with Mehul Chinubhai Choksi as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Gitanjali Gems?
Gitanjali Gems has seven current directors: Anil Umesh Haldipur (since August 2017), Santanu T Ray (since February 2024), Dhanesh Vrajlal Sheth (since August 1990), Chandrakant Kanu Karkare (since May 2014), Krishnan Sangameshwaran (since October 2005) and Nazura Yash Ajaney (since August 2014), plus 1 more. Mehul Chinubhai Choksi is the managing director.
What is CIN of Gitanjali Gems?
The CIN of Gitanjali Gems is L36911MH1986PLC040689. Reading it left to right: L means it is listed, 36911 is the industry code it registered under, MH is Maharashtra, 1986 is the year it was registered, PLC is the company type and 040689 is its registration number.
When was Gitanjali Gems incorporated?
Gitanjali Gems was incorporated on 21 August 1986 with ROC Mumbai. That makes it more than 40 years old.
What is the registered address of Gitanjali Gems?
The registered office on MCA records is A-1, 7Th Floor, Laxmi Tower Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra - 400051.
What is the current status of Gitanjali Gems?
MCA shows Gitanjali Gems as "Under Liquidation". It is being wound up, and a liquidator is selling its assets to pay creditors.
What is the contact number or email for Gitanjali Gems?
You can post to its registered office at A-1, 7Th Floor, Laxmi Tower Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra - 400051 and use its website, https://gitanjaligroup.com.
What industry or business activity is Gitanjali Gems associated with?
Its MCA filings list the main business as other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities (67.36% of turnover).
What is paid-up capital and authorised share capital of Gitanjali Gems?
Paid-up capital is ₹119 crore and authorised capital is ₹167 crore, so about 71% of the authorised amount has been issued.
When did Gitanjali Gems last file accounts and hold an AGM?
The last AGM on record was on 28 September 2017, and the latest balance sheet is for the year ending 31 March 2017.
Where can I see charges and lenders for Gitanjali Gems?
57 charges against Gitanjali Gems are still open and 94 have been satisfied. Lenders named in the filings include Syndicate Bank, Union Bank Of India and Corporation Bank.
Have any directors left Gitanjali Gems?
Yes, 13 former directors are on record. The most recent to leave were Pankhuri Abhijit Warange (February 2018), Vinod Anand Juneja (November 2015) and Nehal Deepak Modi (November 2015).
Which companies share directors with Gitanjali Gems?
30 companies share directors with Gitanjali Gems. Among them are Nakshatra Brands Limited, Aaa Capital Services Private Limited, Aaa Insolvency Professionals LLP and 27 more.
What is the turnover or revenue of Gitanjali Gems?
Based on filed financial statements, the revenue of Gitanjali Gems for FY 2016 was in the ₹1000+ Cr range. That is up 22.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Gitanjali Gems?
For FY 2016, the net worth of Gitanjali Gems was in the ₹1000+ Cr range.
How can I get the financial details of Gitanjali Gems?
The latest accounts on record are for FY 2016. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Gitanjali Gems?
The website on record for Gitanjali Gems is https://gitanjaligroup.com.
Which company owns gitanjaligroup.com?
gitanjaligroup.com is the website listed for Gitanjali Gems Ltd in its company records.
Is Gitanjali Gems registered with any stock exchange in India?
It is listed on BSE with scrip code 532715.
Gitanjali Gems - is it listed or unlisted?
Gitanjali Gems is a listed company, and its CIN starts with L.
What is the ROC code of Gitanjali Gems?
Gitanjali Gems is registered with ROC Mumbai.
What is the company classification of Gitanjali Gems?
MCA classifies Gitanjali Gems as: Public Limited Indian Non-Government Company.
Does Gitanjali Gems have subsidiaries?
Yes, 6 subsidiaries are on record for Gitanjali Gems.
Does Gitanjali Gems have GST registrations on file?
Yes, one active GST registration is linked to Gitanjali Gems.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.