Decent Diamonds Private Limited
About Decent Diamonds Private Limited
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Decent Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 31 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2008PTC183010. Its GSTIN is 24AACCD9260E1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vivek Ashok Polekar and Chaitanya Raul.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45,120 (net margin 0.4%) and EBITDA of ₹60,970 (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 383% over three years and 19% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Decent Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 203 Grd Flr Plot No. 80/84 Swadeshi Mill Bldg Jss Marg Central Plaza Cinema, Charni Rd, Mumbai, Maharashtra, India – 400004
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Decent Diamonds Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Decent Diamonds is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Decent Diamonds Private Limited, buy the company report.
Financials of Decent Diamonds Private Limited
FY 2024 filings availableDecent Diamonds Private Limited reported revenue of ₹1.02 Cr (up 11172% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years. EBITDA rose 129% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹60,970 | ||||
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| Net Profit (PAT) | ₹45,120 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Decent Diamonds Private Limited, buy the company report.
Board of directors of Decent Diamonds Private Limited
Decent Diamonds has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Ashok Polekar Also directs: Renisha Impex Private Limited, Zesica Export Private Limited | Director | 27 Apr 2024 | 2 Years 6 Months | Current |
| Chaitanya Raul Also directs: Renisha Impex Private Limited | Director | 08 May 2023 | 3 Years 6 Months | Current |
Peer comparison
Decent Diamonds Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vmi Electronics Private Limited | ₹1.02 Cr (FY 2024) | -16.0% | Ghaziabad, Uttar Pradesh, India | |||
| Anupreksha Agrotech Private Limited | ₹1.02 Cr (FY 2024) | -1.0% | Kota, Rajasthan, India | |||
| Bravion Bioscience Private Limited | ₹1.02 Cr (FY 2024) | -24.0% | Sitamarhi, Bihar, India | |||
| Rachel Realtors Private Limited | ₹1.02 Cr (FY 2020) | -64.0% | Kolkata, West Bengal, India | |||
| Shanti Foils Private Limited | ₹1.02 Cr (FY 2025) | 232.0% | New Delhi, Delhi, India | |||
| Decent Diamonds Private Limitedthis company | ₹1.02 Cr (FY 2024) | ₹45,120 | 0.4% | 11172.0% | Mumbai, Maharashtra, India | |
| Ganpati Teleservices Private Limited | ₹1.02 Cr (FY 2025) | 3311.0% | Meerut, Uttar Pradesh, India | |||
| Kapoor Agencies Private Limited | ₹1.02 Cr (FY 2024) | -49.0% | Uttar Pradesh, India | |||
| LV Holidays Private Limited | ₹1.02 Cr (FY 2024) | 92.0% | Delhi, India | |||
| Redmoto Xev (OPC) Private Limited | ₹1.02 Cr (FY 2025) | -34.0% | Bilaspur, Chhattisgarh, India | |||
| Bharatpathy Private Limited | ₹1.02 Cr (FY 2025) | 5584.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Decent Diamonds Private Limited, buy the company report.
Auditor
Decent Diamonds Private Limited is audited by H SHETH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H SHETH & CO. | FY 2017 | 129098W |
Shareholding
The shareholding of Decent Diamonds Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Decent Diamonds Private Limited, buy the company report.
Legal cases
Decent Diamonds Private Limited has 1 court case on record: 1 filed by Decent Diamonds. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Income Tax Officer Ward 5 1 1 Mumbai | Pending |
To see the full case history of Decent Diamonds Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Decent Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Decent Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD9260E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Decent Diamonds Private Limited, buy the company report.
Recent activity
Decent Diamonds Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Basanta Kumar Nayak ceased to be Additional Director on 27 Apr 2024.
Frequently asked questions
Decent Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 31 May 2008 (18+ years old) and is registered under CIN U36912MH2008PTC183010.
Decent Diamonds has 2 current directors:
- Vivek Ashok Polekar - Director
- Chaitanya Raul - Director
The latest financial statements of Decent Diamonds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Decent Diamonds is 24AACCD9260E1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Decent Diamonds is U36912MH2008PTC183010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decent Diamonds has 1 court case on record: 1 filed by the company. 1 is pending.
Decent Diamonds was incorporated on 31 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Decent Diamonds by revenue are Vmi Electronics Private Limited, Anupreksha Agrotech Private Limited, Bravion Bioscience Private Limited, Rachel Realtors Private Limited, Shanti Foils Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Basanta Kumar Nayak ceased to be Additional Director on 27 Apr 2024. Vivek Ashok Polekar was appointed as Director on 27 Apr 2024. Chaitanya Raul ceased to be Additional Director on 29 Sep 2023. Decent Diamonds has 9 board changes on record in total.
The registered office of Decent Diamonds is at Office No. 203 Grd Flr Plot No. 8084 Swadeshi Mill Bldg Jss Marg Central Plaza Cinema, Charni Rd, Mumbai, Maharashtra, India – 400004.
Decent Diamonds operates in the trading industry, in the wholesale segment.
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