Vallabh Diamonds Private Limited
About Vallabh Diamonds Private Limited
Data last updated:
Vallabh Diamonds Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 29 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2013PTC074754. Its GSTIN is 24AAECV4179L1ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashok Vaishnav and Rajendra Bhilala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.78 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹62.58 Lakh (net margin -83.7%) and EBITDA of -₹62.57 Lakh (EBITDA margin -83.7%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 65% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vallabh Diamonds Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.301 3rd Floor H No – 6/1369 Patel Diamond Pipala Sheri Naka Mahidh, Arpura, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Vallabh 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
Business activity
The main business activity of Vallabh Diamonds 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 Vallabh Diamonds Private Limited, buy the company report.
Financials of Vallabh Diamonds Private Limited
FY 2025 filings availableVallabh Diamonds Private Limited reported revenue of ₹74.78 Lakh (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 85% fall 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 | -₹62.57 Lakh | ||||
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| Net Profit (PAT) | -₹62.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.7% | ||||
| Net Profit Margin | -83.7% | ||||
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To see the full financial statements and ratios of Vallabh Diamonds Private Limited, buy the company report.
Board of directors of Vallabh Diamonds Private Limited
Vallabh Diamonds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Vaishnav | Director | 04 May 2016 | 10 Years 6 Months | Current |
| Rajendra Bhilala | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
Peer comparison
Vallabh 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harshang Jewellers Private Limited | ₹75.79 Lakh (FY 2022) | 1607.0% | Pune, Maharashtra, India | |||
| Xpnsv Luxury Retail Private Limited | ₹75.52 Lakh (FY 2025) | -27.0% | Gurgaon, Haryana, India | |||
| Vallabh Diamonds Private Limitedthis company | ₹74.78 Lakh (FY 2025) | -₹62.58 Lakh | -83.7% | -85.0% | Surat, Gujarat, India | |
| Information Products and Research Services (India) Private Limited | ₹74.41 Lakh (FY 2017) | 322.0% | Mumbai, Maharashtra, India | |||
| Delusso Gems & Jewels Private Limited | ₹74.01 Lakh (FY 2025) | 33.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Vallabh Diamonds Private Limited, buy the company report.
Auditor
Vallabh Diamonds Private Limited is audited by MANOJ SANDHYA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ SANDHYA & CO | FY 2021 | 128529W |
Shareholding
The shareholding of Vallabh Diamonds Private Limited is on record for 5 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vallabh Diamonds Private Limited, buy the company report.
Legal cases
Vallabh Diamonds Private Limited has 2 court cases on record: 2 filed by Vallabh Diamonds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India Through Secretary, Government of India and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
To see the full case history of Vallabh 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 Vallabh Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vallabh Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECV4179L1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vallabh Diamonds Private Limited, buy the company report.
Recent activity
Vallabh Diamonds Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Anshul Kumar Dadhich ceased to be Director on 02 Apr 2025.
Frequently asked questions
Vallabh Diamonds is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 29 April 2013 (13+ years old) and is registered under CIN U36912GJ2013PTC074754.
Vallabh Diamonds has 2 current directors:
- Ashok Vaishnav - Director
- Rajendra Bhilala - Director
The latest financial statements of Vallabh Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vallabh Diamonds is 24AAECV4179L1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vallabh Diamonds is U36912GJ2013PTC074754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vallabh Diamonds has 2 court cases on record: 2 filed by the company.
Vallabh Diamonds was incorporated on 29 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vallabh Diamonds by revenue are Harshang Jewellers Private Limited, Xpnsv Luxury Retail Private Limited, Information Products and Research Services (India) Private Limited, Delusso Gems & Jewels Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Anshul Kumar Dadhich ceased to be Director on 02 Apr 2025. Rajendra Bhilala was appointed as Director on 01 Apr 2025. Ashok Vaishnav was appointed as Director on 04 May 2016. Vallabh Diamonds has 5 board changes on record in total.
The registered office of Vallabh Diamonds is at Office No.301 3rd Floor H No – 61369 Patel Diamond Pipala Sheri Naka Mahidh, Arpura, Surat, Gujarat, India – 395003.
Vallabh Diamonds operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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