- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0006800

About Lumex Diamond Services Private Limited
Data last updated:
Lumex Diamond Services Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Avira Holdings Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 05 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2020FTC436369. Its GSTIN is 24AAECL1602N1ZO (Gujarat).
The company has an authorised share capital of ₹3.95 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Dipti Mehta and Paritosh Ajay Doshi.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹183.87 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net loss of ₹94.19 Lakh (net margin -0.5%) and EBITDA of -₹53.34 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
Lumex Diamond Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0006800). For more details, the company can be reached via its website lumexgroup.com.
Company details
CIN history
Lumex Diamond Services has one previous CIN (Corporate Identification Number): U36999GJ2020FTC112529. The current CIN is U36999MH2020FTC436369, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36999MH2020FTC436369 | Current |
| U36999GJ2020FTC112529 | Previous |
Recognitions & Rankings of Lumex Diamond Services
Contact details
Lumex Diamond Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address201 B Wing The Capital, G – Block Bandra Kurla Behind Icici Bank Plot – C 70, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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 Lumex Diamond Services 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 Lumex Diamond Services Private Limited, buy the company report.
Financials of Lumex Diamond Services Private Limited
FY 2025 filings availableLumex Diamond Services Private Limited reported revenue of ₹183.87 Cr (up 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 92% growth in the latest year. EBITDA rose 52% 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 |
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| EBITDA | -₹53.34 Lakh | ||||
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| Net Profit (PAT) | -₹94.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Lumex Diamond Services Private Limited, buy the company report.
Board of directors of Lumex Diamond Services Private Limited
Lumex Diamond Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipti Mehta Also directs: Blue Helios Trading LLP | Director | 16 Oct 2024 | 2 Years 0 Months | Current |
| Paritosh Ajay Doshi | Director | 16 Oct 2024 | 2 Years 0 Months | Current |
| Vishal Mehta | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Lumex Diamond Services Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Bhagyam Gem & Jewellery Private Limited | ₹185.16 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Amy Exports and Imports Private Limited | ₹184.88 Cr (FY 2024) | 9.0% | Kochi, Kerala, India | |||
| Jewellery Garden Private Limited | ₹183.88 Cr (FY 2025) | 20.0% | Durgapur, West Bengal, India | |||
| Lumex Diamond Services Private Limitedthis company | ₹183.87 Cr (FY 2025) | -₹94.19 Lakh | -0.5% | 92.0% | Mumbai, Maharashtra, India | |
| PP Abhay Jewellers Private Limited | ₹183.33 Cr (FY 2025) | 104.0% | Raipur, Chhattisgarh, India | |||
| Gem Plaza Private Limited | ₹182.55 Cr (FY 2025) | 48.0% | Jaipur, Rajasthan, India | |||
| Silver Emporium Private Limited | ₹181.02 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| P C Chandra Juels International Private Limited | ₹180.67 Cr (FY 2020) | 11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Lumex Diamond Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lumex Diamond Services 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
Lumex Diamond Services Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 27 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pavan Gems | |||
| RSM Astute Consultech Private Limited | |||
| DB Sales | |||
| D Nikunj Exports | |||
| Jay Bhagvati Gems |
To see the full MSME payment records of Lumex Diamond Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Lumex Diamond Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECL1602N1ZO | Gujarat | Active | 05 Mar 2020 |
To see the full GST registrations and return filing status of Lumex Diamond Services Private Limited, buy the company report.
Recent activity
Lumex Diamond Services Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Dipti Mehta ceased to be Additional Director on 26 Sep 2025.
Frequently asked questions
Lumex Diamond Services is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 05 February 2020 (6+ years old) and is registered under CIN U36999MH2020FTC436369.
Lumex Diamond Services has 3 current directors:
- Dipti Mehta - Director
- Paritosh Ajay Doshi - Director
- Vishal Mehta - Director
The latest financial statements of Lumex Diamond Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Lumex Diamond Services is 24AAECL1602N1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Lumex Diamond Services is U36999MH2020FTC436369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lumex Diamond Services was incorporated on 05 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lumex Diamond Services by revenue are Bhagyam Gem & Jewellery Private Limited, Amy Exports and Imports Private Limited, Jewellery Garden Private Limited, PP Abhay Jewellers Private Limited, Gem Plaza Private Limited and 2 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Dipti Mehta ceased to be Additional Director on 26 Sep 2025. Paritosh Ajay Doshi ceased to be Additional Director on 26 Sep 2025. Sagar Atulkumar Shah ceased to be Director on 30 Apr 2025. Lumex Diamond Services has 7 board changes on record in total.
Yes, Lumex Diamond Services is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0006800).
Lumex Diamond Services has 3 MSME Form 1 returns on record between 2023 and 2024, listing 27 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Lumex Diamond Services can be reached through the website lumexgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Lumex Diamond Services is at 201 B Wing The Capital, G – Block Bandra Kurla Behind Icici Bank Plot – C 70, Mumbai, Maharashtra, India – 400051.

