Bhanderi Lab Grown Diamonds LLP
About Bhanderi Lab Grown Diamonds LLP
Data last updated:
Bhanderi Lab Grown Diamonds LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 06 April 2021 and has been in existence for over 5 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAW-5881. Its GSTIN is 24AAXFB8235H1Z3 (Gujarat).
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Ghanshyambhai Maganbhai Bhanderi and Prakashbhai Maganbhai Bhanderi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the LLP reported a revenue of ₹244.21 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 0.5%) and EBITDA of ₹10.4 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 328% over three years.
As per MCA filings, the LLP has open charges of ₹37.5 Cr on record. Court records list 2 cases involving the LLP, including 1 filed by the LLP and 1 filed against it; 1 case is pending.
Company details
Contact details
Bhanderi Lab Grown Diamonds LLP's registered office is in Surat, Gujarat.
- Registered AddressBasement 1 To 4 Plot – D. Fp – 131, Akshar Gems Katargam Road, Surat, Gujarat, India – 395004
- 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
Financials of Bhanderi Lab Grown Diamonds LLP
FY 2025 filings availableBhanderi Lab Grown Diamonds LLP reported revenue of ₹244.21 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 328%. EBITDA rose 347% 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
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profit After Tax | ₹1.11 Cr | |||
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Financial Ratios
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| Net Profit Margin | 0.5% | |||
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To see the full financial statements and ratios of Bhanderi Lab Grown Diamonds LLP, buy the company report.
Designated partners of Bhanderi Lab Grown Diamonds LLP
Bhanderi Lab Grown Diamonds has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyambhai Maganbhai Bhanderi Also directs: Bhanderi Iot LLP, Bhanderi Crystal LLP, Bhanderi Trendz (India) Private Limited and 2 more | Designated Partner | 06 Apr 2021 | 5 Years 6 Months | Current |
| Prakashbhai Maganbhai Bhanderi Also directs: Bhanderi Crystal LLP, Bhanderi Lab Grown Private Limited | Designated Partner | 06 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Bhanderi Lab Grown Diamonds LLP is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samarth Group Private Limited | ₹249.98 Cr (FY 2025) | 90.0% | Ahmedabad, Gujarat, India | |||
| Kundan Jewellers Private Limited | ₹249.51 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Shristi Manufacturers Private Limited | ₹248.79 Cr (FY 2025) | 130842.0% | Aluva, Kerala, India | |||
| Rose Jewels (India) Private Limited | ₹247.71 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Maasilver Hub India Private Limited | ₹245.28 Cr (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| Bhanderi Lab Grown Diamonds LLPthis company | ₹244.21 Cr (FY 2025) | ₹1.11 Cr | 0.5% | -27.0% | Surat, Gujarat, India | |
| R K R Gold Private Limited | ₹243.81 Cr (FY 2022) | -15.0% | Coimbatore, Tamil Nadu, India | |||
| Shri Coimbatore Jewellers India Private Limited | ₹243.54 Cr (FY 2025) | 22.0% | Salem, Tamil Nadu, India | |||
| Muthhu Gold Private Limited | ₹243.15 Cr (FY 2025) | 20.0% | Puducherry, India | |||
| Gehana Gold Palace Private Limited | ₹243.01 Cr (FY 2025) | 12.0% | Kozhikode, Kerala, India | |||
| M.Sashi Badalia & Sons Private Limited | ₹240.68 Cr (FY 2025) | -16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bhanderi Lab Grown Diamonds LLP, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2023 | 100897900 | Bank of Maharashtra | ₹30 Cr | Open | |
| 06 May 2022 | 100631432 | City Union Bank Limited | ₹7.5 Cr | Open |
To see the full charge records of Bhanderi Lab Grown Diamonds LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bhanderi Lab Grown Diamonds LLP has 2 court cases on record: 1 filed by Bhanderi Lab Grown Diamonds, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Bhanderi Lab Grown Diamonds LLP, 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 Bhanderi Lab Grown Diamonds LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhanderi Lab Grown Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXFB8235H1Z3 | Gujarat | Active | 08 Jun 2021 |
To see the full GST registrations and return filing status of Bhanderi Lab Grown Diamonds LLP, buy the company report.
Recent activity
Bhanderi Lab Grown Diamonds LLP has 2 designated partner changes on record since 2021: 2 appointments. The latest: Ghanshyambhai Maganbhai Bhanderi was appointed as Designated Partner on 06 Apr 2021.
Frequently asked questions
Bhanderi Lab Grown Diamonds is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 06 April 2021 (5+ years old) and is registered under LLPIN AAW-5881.
Bhanderi Lab Grown Diamonds has 2 current designated partners:
- Ghanshyambhai Maganbhai Bhanderi - Designated Partner
- Prakashbhai Maganbhai Bhanderi - Designated Partner
The latest financial statements of Bhanderi Lab Grown Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Bhanderi Lab Grown Diamonds is 24AAXFB8235H1Z3, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Bhanderi Lab Grown Diamonds is AAW-5881. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Bhanderi Lab Grown Diamonds has 2 court cases on record: 1 filed by the LLP and 1 filed against it. 1 is pending.
Bhanderi Lab Grown Diamonds was incorporated on 06 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bhanderi Lab Grown Diamonds by revenue are Samarth Group Private Limited, Kundan Jewellers Private Limited, Shristi Manufacturers Private Limited, Rose Jewels (India) Private Limited, Maasilver Hub India Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Ghanshyambhai Maganbhai Bhanderi was appointed as Designated Partner on 06 Apr 2021. Prakashbhai Maganbhai Bhanderi was appointed as Designated Partner on 06 Apr 2021.
The registered office of Bhanderi Lab Grown Diamonds is at Basement 1 To 4 Plot – D. Fp – 131, Akshar Gems Katargam Road, Surat, Gujarat, India – 395004.
Bhanderi Lab Grown Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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