Ashonivas Diamond Tools Private Limited
About Ashonivas Diamond Tools Private Limited
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Ashonivas Diamond Tools Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 12 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28930MH1996PTC100986. Its GSTIN is 27AAECA8998E1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.35 Lakh. It is led by directors Ashok Ramayya Shetty (Managing Director) and Jyoti Ashok Shetty.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 & 9 Blue Chip Industrial Estate Sativali Road Village Waliv Vasai (E), Thane, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.99 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹4.29 Lakh (net margin -25.3%) and EBITDA of -₹4.15 Lakh (EBITDA margin -24.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹25.8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashonivas Diamond Tools Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 & 9 Blue Chip Industrial Estate Sativali Road Village Waliv Vasai (E), Thane, Maharashtra, India – 401208
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Ashonivas Diamond Tools 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 Ashonivas Diamond Tools is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Ashonivas Diamond Tools Private Limited, buy the company report.
Financials of Ashonivas Diamond Tools Private Limited
FY 2025 filings availableAshonivas Diamond Tools Private Limited reported revenue of ₹16.99 Lakh (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 54% fall in the latest year. EBITDA fell 301% 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 | -₹4.15 Lakh | ||||
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| Net Profit (PAT) | -₹4.29 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 | -24.4% | ||||
| Net Profit Margin | -25.3% | ||||
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To see the full financial statements and ratios of Ashonivas Diamond Tools Private Limited, buy the company report.
Board of directors of Ashonivas Diamond Tools Private Limited
Ashonivas Diamond Tools has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Ashok Shetty | Director | 12 Jul 1996 | 30 Years 3 Months | Current |
| Ashok Ramayya Shetty | Managing Director | 12 Jul 1996 | 30 Years 3 Months | Current |
Auditor
Ashonivas Diamond Tools Private Limited is audited by SURENDRA K SHETTY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA K SHETTY | FY 2023 | 041895 |
Shareholding
The shareholding of Ashonivas Diamond Tools Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashonivas Diamond Tools Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2003 | 90146526 | State Bank of India | ₹11 Lakh | Open | |
| 13 Oct 2003 | 90141178 | State Bank of India | ₹11 Lakh | Open | |
| 05 Jun 1998 | 90145942 | State Bank of India | ₹3.8 Lakh | Open |
To see the full charge records of Ashonivas Diamond Tools Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ashonivas Diamond Tools 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 Ashonivas Diamond Tools Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashonivas Diamond Tools has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA8998E1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashonivas Diamond Tools Private Limited, buy the company report.
Recent activity
Ashonivas Diamond Tools Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Ashok Ramayya Shetty was appointed as Managing Director on 12 Jul 1996.
Frequently asked questions
Ashonivas Diamond Tools is an active private limited company based in Thane, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 12 July 1996 (30+ years old) and is registered under CIN U28930MH1996PTC100986.
Ashonivas Diamond Tools has 2 current directors:
- Ashok Ramayya Shetty - Managing Director
- Jyoti Ashok Shetty - Director
The latest financial statements of Ashonivas Diamond Tools on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashonivas Diamond Tools is 27AAECA8998E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashonivas Diamond Tools is U28930MH1996PTC100986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashonivas Diamond Tools was incorporated on 12 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Ramayya Shetty was appointed as Managing Director on 12 Jul 1996. Jyoti Ashok Shetty was appointed as Director on 12 Jul 1996.
The registered office of Ashonivas Diamond Tools is at 8 & 9 Blue Chip Industrial Estate Sativali Road Village Waliv Vasai E, Thane, Maharashtra, India – 401208.
Ashonivas Diamond Tools operates in the machinery and equipment industry, in the industrial tools and components segment.
Ashonivas Diamond Tools has open charges of ₹25.8 Lakh and no satisfied charges on record as per latest MCA filings.