Iora Diamonds Private Limited
About Iora Diamonds Private Limited
Data last updated:
Iora Diamonds Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 09 July 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2007PTC172198. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.21 Lakh. It was led by directors Hiten Rashmikant Mehta and Mihir Mehta Rashmikant.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹32.64 Lakh. For the same year it recorded a net profit of ₹77,595 (net margin 2.4%) and EBITDA of -₹31.86 Lakh (EBITDA margin -97.6%).
Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Company details
Contact details
Iora 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 AddressEtowercentrecore#Ec3010 Bharatdiamondbourse 'G'Block Bandrakurlacomplex, Bandra(E), Mumbai, Maharashtra, India – 400051
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Iora 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
Financials of Iora Diamonds Private Limited
FY 2023 filings availableIora Diamonds Private Limited reported revenue of ₹32.64 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹32.64 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹31.86 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹77,595 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -97.6% | ||
| Net Profit Margin | 2.4% | ||
| 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 Iora Diamonds Private Limited, buy the company report.
Board of directors of Iora Diamonds Private Limited
Iora Diamonds 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 |
|---|---|---|---|---|
| Hiten Rashmikant Mehta | Director | 02 Apr 2008 | 18 Years 6 Months | As last reported |
| Mihir Mehta Rashmikant | Director | 02 Apr 2008 | 18 Years 6 Months | As last reported |
Auditor
Iora Diamonds Private Limited is audited by A. J. SHAH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. J. SHAH & CO. | FY 2017 | 109477W |
Shareholding
The shareholding of Iora 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 Iora Diamonds Private Limited, buy the company report.
Legal cases
Iora Diamonds Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-5, Mumbai | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-5, Mumbai -, Sharma Akhileshwar | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax 5 Mumbai | Pending |
To see the full case history of Iora 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 Iora Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iora Diamonds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Iora Diamonds Private Limited, buy the company report.
Recent activity
Iora Diamonds Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Hiten Rashmikant Mehta ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Iora Diamonds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Iora Diamonds was a private limited company based in Mumbai, Maharashtra, India. The company worked in wholesale, within the trading industry. It was incorporated on 09 July 2007 and is registered under CIN U36911MH2007PTC172198. The company has been struck off by the Registrar of Companies and is no longer operational.
Iora Diamonds had 2 directors:
- Hiten Rashmikant Mehta - Director
- Mihir Mehta Rashmikant - Director
The CIN (Corporate Identification Number) of Iora Diamonds is U36911MH2007PTC172198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Iora Diamonds is at Etowercentrecore#Ec3010 Bharatdiamondbourse GBlock Bandrakurlacomplex, BandraE, Mumbai, Maharashtra, India – 400051.
Iora Diamonds was incorporated on 09 July 2007. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Iora Diamonds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Iora Diamonds has 1 GST registration on record and it is cancelled or inactive.
Iora Diamonds operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Iora Diamonds has 3 court cases on record: 3 filed against it. 3 are pending.