The Founder promoter of our Company Mr. Gautam P. Sheth is in the business of Diamond since 2002. He along with his wife incorporated Company at Surat as "Gautam Gems Private Limited" on 18/02/2014 under the provisions of the Companies Act, 2013 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently the company was converted into a Public Limited Company vide fresh certificate of incorporation dated 16th August, 2017 and the name was changed to "Gautam Gems Limited"
Our company has been principally incorporated as a Trader of rough and polished diamonds. Our registered and corporate office is located in Surat, which is the diamond hub of India. We sell diamonds of multiple category, shape, cut, size and color. The range of diamonds we trade in purely depends on the demand and supply of diamonds in the local markets.Primarily, Round Brilliant and All Fancy shape, 0.18 cts upto15.00 cts Size and D to N color with all type of Fancy color kind of diamonds is demanded by our customers. Since our business is strongly driven by customer demand, we maintain a high/low stock with at our office or factory. Apart from selling rough and polished diamonds, polished Trading is only a marginal part of our revenue. Purchase and sales is restricted only on order basis.We are also involved in trading of diamond and processing by trained and experienced workers.
In order to compete in the diamond market, we have created and maintained an independent sales and distribution network for our products within the Domestic markets. Further to ensure customer satisfaction, quality supply of diamonds, timely delivery of orders and purchase-sale of authentic diamonds, we deal with our suppliers and customers on mutually agreed terms. Further, we have developed and maintained long-term and stable relationships with our key suppliers and our key customers although we have not entered into any formal contracts with either of them.
Our promoters, Mr. Gautam P.Sheth and Nidhi G.Sheth have 15 years and 7 years of experience in diamond business, respectively.