
Dominion Diamond (India) Private Limited
About Dominion Diamond (India) Private Limited
Data last updated:
Dominion Diamond (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Arctic Canadian Diamond Holding Llc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 24 January 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13100MH2005PTC150799. Its GSTIN is 27AAFCA0652E1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.04 Lakh. It was formerly known as Aber India Private Limited and Harry Winston Diamond (India) Private Limited. It is led by directors Kristal Kaye and Devang Jayendra Vyas.
Its last annual general meeting (AGM) was held on 30 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 404 Deepjyot Chs Ltd Shimpoli Road Borivali West Kastur Park, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2021, the company reported a revenue of ₹305.48 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.63 Cr (net margin -0.5%) and EBITDA of ₹2.66 Cr (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 20% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Name history
Dominion Diamond (India) has undergone 2 name changes throughout its history. The company was previously known as Aber India Private Limited, and Harry Winston Diamond (India) Private Limited. The current legal name is Dominion Diamond (India) Private Limited.
| Company Name | Status |
|---|---|
| Dominion Diamond (India) Private Limited | Current |
| Aber India Private Limited | Previous |
| Harry Winston Diamond (India) Private Limited | Previous |
Contact details
Dominion Diamond (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address404 Deepjyot Chs Ltd Shimpoli Road Borivali West Kastur Park, Mumbai, Maharashtra, India – 400092
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Dominion Diamond (India) 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 Dominion Diamond (India) 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 Dominion Diamond (India) Private Limited, buy the company report.
Financials of Dominion Diamond (India) Private Limited
FY 2021 filings availableDominion Diamond (India) Private Limited reported revenue of ₹305.48 Cr (down 88% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 88% fall in the latest year. EBITDA fell 64% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹305.48 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.63 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Dominion Diamond (India) Private Limited, buy the company report.
Board of directors of Dominion Diamond (India) Private Limited
Dominion Diamond (India) has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kristal Kaye | Director | 18 Jun 2019 | 7 Years 4 Months | As last reported |
| Devang Jayendra Vyas Also directs: Netgear Technologies India Private Limited | Director | 29 Jul 2021 | 5 Years 3 Months | As last reported |
Peer comparison
Dominion Diamond (India) Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Famyshine Private Limited | ₹309.45 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Tejal Merchantile Private Limited | ₹306.27 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Dominion Diamond (India) Private Limitedthis company | ₹305.48 Cr (FY 2021) | -₹1.63 Cr | -0.5% | -88.0% | 28 | Mumbai, Maharashtra, India |
| Kundan Rice Mills Limited (Part IX Co.) | ₹296.1 Cr (FY 2024) | 4238.0% | New Delhi, Delhi, India | |||
| Siva Valli Vilas Jewellers Private Limited | ₹295.89 Cr (FY 2025) | 8.0% | Puducherry, India | |||
| Chhattisgarh Jewellers Private Limited | ₹294.18 Cr (FY 2024) | 40.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Dominion Diamond (India) Private Limited, buy the company report.
Auditor
Dominion Diamond (India) Private Limited is audited by R M R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R M R & CO | FY 2021 | 106467W |
Shareholding
The shareholding of Dominion Diamond (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dominion Diamond (India) Private Limited, buy the company report.
Legal cases
Dominion Diamond (India) Private Limited has 1 court case on record: 1 filed by Dominion Diamond (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 5 ( and 4 others | Disposed |
To see the full case history of Dominion Diamond (India) 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 Dominion Diamond (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dominion Diamond (India) Private Limited has a workforce of 28 employees on its EPFO records as of Dec 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 28 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dominion Diamond (India) Private Limited, buy the company report.
GST
Dominion Diamond (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA0652E1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dominion Diamond (India) Private Limited, buy the company report.
Recent activity
Dominion Diamond (India) Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Devang Jayendra Vyas ceased to be Additional Director on 30 Jul 2021.
3 earlier events are in the company report.
Frequently asked questions
Dominion Diamond (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Dominion Diamond (India) is a company under liquidation, formerly operating as a 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 24 January 2005 and is registered under CIN U13100MH2005PTC150799. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dominion Diamond (India) has 2 current directors:
- Kristal Kaye - Director
- Devang Jayendra Vyas - Director
The latest financial statements of Dominion Diamond (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 July 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dominion Diamond (India) is U13100MH2005PTC150799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dominion Diamond (India) has 1 court case on record: 1 filed by the company.
Dominion Diamond (India) was incorporated on 24 January 2005. It is registered with the Registrar of Companies, Mumbai.
The peers of Dominion Diamond (India) by revenue are Famyshine Private Limited, Tejal Merchantile Private Limited, Kundan Rice Mills Limited (Part IX Co.), Siva Valli Vilas Jewellers Private Limited, Chhattisgarh Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Devang Jayendra Vyas ceased to be Additional Director on 30 Jul 2021. Devang Jayendra Vyas was appointed as Director on 29 Jul 2021. Senthil Selvaraj Kumaran ceased to be Whole-Time Director on 21 Dec 2020. Dominion Diamond (India) has 12 board changes on record in total.
The registered office of Dominion Diamond (India) is at 404 Deepjyot Chs Ltd Shimpoli Road Borivali West Kastur Park, Mumbai, Maharashtra, India – 400092.
The GSTIN of Dominion Diamond (India) is 27AAFCA0652E1Z3, registered in Maharashtra.

