MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0014400
Hi Diamonds Private Limited - trading in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.96 Cr
▼ 38% YoY
Net profit · FY 2024
₹2.87 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹25.16 Lakh
EBITDA margin 12.8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Hi Diamonds Private Limited
Data last updated:
Hi Diamonds Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 08 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52393MP2010PTC024277. Its GSTIN is 23AACCH5064N1ZG (Madhya Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Padmini Bhatia and Ishipal Kaur Bhatia.
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 G – 1 Dilpasand Square Plot No 164 Kanchan Baugh, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.96 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Lakh (net margin 1.5%) and EBITDA of ₹25.16 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Hi Diamonds Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0014400). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harshvardhanishipal.com.
Company details
CIN U52393MP2010PTC024277
Registration Number 024277
Incorporation Date 08 September 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0014400
Recognitions & Rankings of Hi Diamonds
Contact details
Hi Diamonds Private Limited's registered office is in Indore, Madhya Pradesh. Its website is harshvardhanishipal.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressG – 1 Dilpasand Square Plot No 164 Kanchan Baugh, Indore, Madhya Pradesh, India – 452001
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Hi Diamonds Private Limited, buy the company report.
Comprehensive company report
Hi Diamonds Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Hi Diamonds is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Hi Diamonds Private Limited, buy the company report.
Financials of Hi Diamonds Private Limited
FY 2024 filings availableHi Diamonds Private Limited reported revenue of ₹1.96 Cr (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹1.96 Cr ▼ 38%
Net profit · FY 2024
₹2.87 Lakh margin 1.5%
EBITDA · FY 2024
₹25.16 Lakh margin 12.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 2%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 12%
5 years · compounded
▼ 3%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 26% 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 | ₹25.16 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hi Diamonds Private Limited, buy the company report.
Board of directors of Hi Diamonds Private Limited
Hi Diamonds has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmini Bhatia | Director | 08 Sep 2010 | 16 Years 1 Months | Current |
| Ishipal Kaur Bhatia | Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Harsh Vardhan Bhatia Also directs: Sapient Bio-Fuel LLP, Sapient Resources Private Limited, Sapient Coal Beneficiation Private Limited and 5 more | Director | 08 Sep 2010 | 16 Years 1 Months | Current |
Peer comparison
Hi Diamonds Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paradise Instruments Private Limited | ₹1.97 Cr (FY 2025) | 13.0% | Faridabad, Haryana, India | |||
| Kuberic Merchandises (OPC) Private Limited | ₹1.97 Cr (FY 2025) | 65.0% | Jabalpur, Madhya Pradesh, India | |||
| Hi Diamonds Private Limitedthis company | ₹1.96 Cr (FY 2024) | ₹2.87 Lakh | 1.5% | -38.0% | Indore, Madhya Pradesh, India | |
| Jewelariaa Private Limited | ₹1.95 Cr (FY 2024) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| Bhatter Silver & Jewels Pvt Ltd | ₹1.95 Cr (FY 2025) | 68.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hi Diamonds Private Limited, buy the company report.
Auditor
Hi Diamonds Private Limited is audited by DILIP RATHOR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DILIP RATHOR & CO | FY 2018 | 011691C |
Shareholding
The shareholding of Hi Diamonds Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hi Diamonds Private Limited, buy the company report.
Legal cases
Hi Diamonds Private Limited has 3 court cases on record: 3 filed by Hi Diamonds. All cases are pending.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Pending |
To see the full case history of Hi 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 Hi Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi Diamonds has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCH5064N1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi Diamonds Private Limited, buy the company report.
Recent activity
Hi Diamonds Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Ishipal Kaur Bhatia was appointed as Director on 01 Jan 2013.
AGM
Hi Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hi Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Appointed
Ishipal Kaur Bhatia was appointed as Director.
Appointed
Harsh Vardhan Bhatia was appointed as Director.
Appointed
Padmini Bhatia was appointed as Director.
Incorporation
08 Sep 2010
Hi Diamonds Private Limited was registered on 08 Sep 2010 with Roc Gwalior & aged 16 years 1 month as per MCA records.
Frequently asked questions
Hi Diamonds is an active private limited company based in Indore, Madhya Pradesh, India. The company works in retail trading, within the trading industry. It was incorporated on 08 September 2010 (16+ years old) and is registered under CIN U52393MP2010PTC024277.
Hi Diamonds has 3 current directors:
- Padmini Bhatia - Director
- Ishipal Kaur Bhatia - Director
- Harsh Vardhan Bhatia - Director
The latest financial statements of Hi 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 Hi Diamonds is 23AACCH5064N1ZG, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Hi Diamonds is U52393MP2010PTC024277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Diamonds has 3 court cases on record: 3 filed by the company. 3 are pending.
Hi Diamonds was incorporated on 08 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Hi Diamonds by revenue are Paradise Instruments Private Limited, Kuberic Merchandises (OPC) Private Limited, Jewelariaa Private Limited, Bhatter Silver & Jewels Pvt Ltd, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Ishipal Kaur Bhatia was appointed as Director on 01 Jan 2013. Harsh Vardhan Bhatia was appointed as Director on 08 Sep 2010. Padmini Bhatia was appointed as Director on 08 Sep 2010.
Yes, Hi Diamonds is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0014400).
Hi Diamonds can be reached through the website harshvardhanishipal.com. Its registered office is in Indore, Madhya Pradesh, India.