Ashaart Diamond Works Private Limited
About Ashaart Diamond Works Private Limited
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Ashaart Diamond Works 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 sports goods segment of the musical instruments sector. It was incorporated on 17 February 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016PTC273217. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kuldeep Pukharaj Chawala and Asha Kuldeep Chawala.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Room 147 – 2/4 Thakkar Bapa Colony C.S.T. Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.1 Lakh. For the same year it recorded a net profit of ₹70,972 (net margin 3.5%) and EBITDA of ₹2.03 Lakh (EBITDA margin 10.1%).
Company details
Contact details
Ashaart Diamond Works Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom 147 – 2/4 Thakkar Bapa Colony C.S.T. Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryMusical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing
To see the full contact details of Ashaart Diamond Works 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 Ashaart Diamond Works 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 Ashaart Diamond Works Private Limited, buy the company report.
Financials of Ashaart Diamond Works Private Limited
FY 2017 filings availableAshaart Diamond Works Private Limited reported revenue of ₹20.1 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹20.1 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹70,972 | |
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.1% | |
| Net Profit Margin | 3.5% | |
| 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 Ashaart Diamond Works Private Limited, buy the company report.
Board of directors of Ashaart Diamond Works Private Limited
Ashaart Diamond Works 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 |
|---|---|---|---|---|
| Kuldeep Pukharaj Chawala | Director | 17 Feb 2016 | 10 Years 8 Months | As last reported |
| Asha Kuldeep Chawala | Director | 22 Sep 2017 | 9 Years 1 Months | As last reported |
Peer comparison
Ashaart Diamond Works Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| HS Infra Products Private Limited | ₹20.19 Lakh (FY 2024) | Tonk, Rajasthan, India | ||||
| Sri Vishal Bricks Private Limited | ₹20.13 Lakh (FY 2020) | 1.0% | Bihar, India | |||
| Ambiance Coatings Private Limited | ₹20.11 Lakh (FY 2022) | -46.0% | Hyderabad, Telangana, India | |||
| Tesseractadvanced Systems Private Limited | ₹20.11 Lakh (FY 2024) | Patancheru, Telangana, India | ||||
| Sudhyaam Organic Private Limited | ₹20.1 Lakh (FY 2022) | 84.0% | Sonipat, Haryana, India | |||
| Ashaart Diamond Works Private Limitedthis company | ₹20.1 Lakh (FY 2017) | ₹70,972 | 3.5% | Mumbai, Maharashtra, India | ||
| Tranquil Infra Materials Private Limited | ₹20.07 Lakh (FY 2025) | -25.0% | Bangalore, Karnataka, India | |||
| Siddhivinayak Technocraft Industries Private Limited | ₹20.03 Lakh (FY 2024) | 885.0% | Pune, Maharashtra, India | |||
| Mysore Sugandhi Dhoop Factory Private Limited | ₹20.03 Lakh (FY 2019) | Mumbai, Maharashtra, India | ||||
| Mun Plast Private Limited | ₹20.02 Lakh (FY 2025) | 158.0% | Thane, Maharashtra, India | |||
| Medisup Private Limited | ₹20 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Ashaart Diamond Works Private Limited, buy the company report.
Auditor
Ashaart Diamond Works Private Limited is audited by BNG & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BNG & ASSOCIATES LLP | FY 2017 | 138784W/W100071 |
Shareholding
The shareholding of Ashaart Diamond Works 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 Ashaart Diamond Works Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashaart Diamond Works 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
No delayed payments to MSME suppliers are on our record for Ashaart Diamond Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashaart Diamond Works 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 Ashaart Diamond Works Private Limited, buy the company report.
Recent activity
Ashaart Diamond Works Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Arpit Ashvinbhai Desai ceased to be Director on 11 Dec 2017.
Frequently asked questions
Ashaart Diamond Works 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.
Ashaart Diamond Works was a private limited company based in Mumbai, Maharashtra, India. The company worked in sports goods, within the musical instruments industry. It was incorporated on 17 February 2016 and is registered under CIN U74120MH2016PTC273217. The company has been struck off by the Registrar of Companies and is no longer operational.
Ashaart Diamond Works had 2 directors:
- Kuldeep Pukharaj Chawala - Director
- Asha Kuldeep Chawala - Director
The CIN (Corporate Identification Number) of Ashaart Diamond Works is U74120MH2016PTC273217. 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 Ashaart Diamond Works is at Room 147 – 24 Thakkar Bapa Colony C.S.T. Road Chembur, Mumbai, Maharashtra, India – 400071.
Ashaart Diamond Works was incorporated on 17 February 2016. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ashaart Diamond Works on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Ashaart Diamond Works has 1 GST registration on record and it is cancelled or inactive.
Ashaart Diamond Works operated in the musical instruments industry, in the sports goods segment. It worked in this industry before it was struck off.
The peers of Ashaart Diamond Works by revenue are HS Infra Products Private Limited, Sri Vishal Bricks Private Limited, Ambiance Coatings Private Limited, Tesseractadvanced Systems Private Limited, Sudhyaam Organic Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Arpit Ashvinbhai Desai ceased to be Director on 11 Dec 2017. Asha Kuldeep Chawala ceased to be Additional Director on 30 Sep 2017. Asha Kuldeep Chawala was appointed as Director on 22 Sep 2017. Ashaart Diamond Works has 4 board changes on record in total.
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