
About Diaglow Gems Private Limited
Data last updated:
Diaglow Gems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Araha Investment Private Limited. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 03 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14100MH2010PTC208555. Its GSTIN is 27AAOCS9609Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹3.5 Lakh. It was formerly known as Shrem Marina Port Private Limited and Shrem Marina India Private Limited. It is led by directors Chetan Kantilal Doshi and Yatin Rameshchandra Patel.
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 Ge 8031 – 8032 Bharat Diamond Bourse Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹199.12 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹14.2 Lakh (net margin 0.1%) and EBITDA of ₹25.19 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrem.in.
Company details
Name history
Diaglow Gems has undergone 3 name changes throughout its history. The company was previously known as Shrem Marina Port Private Limited, Shrem Marina India Private Limited, and Shrem Slumprojects Private Limited. The current legal name is Diaglow Gems Private Limited.
| Company Name | Status |
|---|---|
| Diaglow Gems Private Limited | Current |
| Shrem Marina Port Private Limited | Previous |
| Shrem Marina India Private Limited | Previous |
| Shrem Slumprojects Private Limited | Previous |
CIN history
Diaglow Gems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U14100MH2010PTC208555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14100MH2010PTC208555 | Current |
| U45201MH2010PTC208555 | Previous |
| U61200MH2010PTC208555 | Previous |
Contact details
Diaglow Gems Private Limited's registered office is in Mumbai, Maharashtra. Its website is shrem.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGe 8031 – 8032 Bharat Diamond Bourse Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Diaglow Gems 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 Diaglow Gems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Diaglow Gems Private Limited, buy the company report.
Financials of Diaglow Gems Private Limited
FY 2024 filings availableDiaglow Gems Private Limited reported revenue of ₹199.12 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 8% fall in the latest year. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Diaglow Gems Private Limited, buy the company report.
Board of directors of Diaglow Gems Private Limited
Diaglow Gems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Kantilal Doshi | Director | 04 Mar 2020 | 6 Years 8 Months | Current |
| Yatin Rameshchandra Patel | Director | 04 Mar 2020 | 6 Years 8 Months | Current |
Peer comparison
Diaglow Gems Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lagu Bandhu Motiwale Private Limited | ₹201.42 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Tribhovandas Bhimji Zaveri (Delhi) Private Limited | ₹201.12 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Diaglow Gems Private Limitedthis company | ₹199.12 Cr (FY 2025) | ₹14.2 Lakh | 0.1% | -8.0% | 41 | Mumbai, Maharashtra, India |
| Alapatt Gold Den Private Limited | ₹195.43 Cr (FY 2015) | -29.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Diaglow Gems Private Limited, buy the company report.
Auditor
Diaglow Gems Private Limited is audited by V.A. Parikh & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.A. Parikh & Associates LLP | FY 2023 | 112787W/W100073 |
Shareholding
The shareholding of Diaglow Gems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diaglow Gems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Diaglow Gems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diaglow Gems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Diaglow Gems Private Limited has a workforce of 41 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 41 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Diaglow Gems Private Limited, buy the company report.
GST
Diaglow Gems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS9609Q1Z8 | Maharashtra | Active | 29 Jun 2020 |
To see the full GST registrations and return filing status of Diaglow Gems Private Limited, buy the company report.
Recent activity
Diaglow Gems Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Krishani Nitan Chhatwal ceased to be Director on 23 Oct 2020.
Frequently asked questions
Diaglow Gems is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 03 October 2010 (16+ years old) and is registered under CIN U14100MH2010PTC208555.
Diaglow Gems has 2 current directors:
- Chetan Kantilal Doshi - Director
- Yatin Rameshchandra Patel - Director
The latest financial statements of Diaglow Gems 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 Diaglow Gems is 27AAOCS9609Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Diaglow Gems is U14100MH2010PTC208555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diaglow Gems was incorporated on 03 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Diaglow Gems by revenue are Lagu Bandhu Motiwale Private Limited, Tribhovandas Bhimji Zaveri (Delhi) Private Limited, Alapatt Gold Den Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Krishani Nitan Chhatwal ceased to be Director on 23 Oct 2020. Smita Nitan Chhatwal ceased to be Director on 23 Oct 2020. Chetan Kantilal Doshi was appointed as Director on 04 Mar 2020. Diaglow Gems has 6 board changes on record in total.
Diaglow Gems can be reached through the website shrem.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Diaglow Gems is at Ge 8031 – 8032 Bharat Diamond Bourse Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 400051.
Diaglow Gems operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.

