India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,750 Arunbhai Chimanlal Shah & family ₹1,000 Cr
Revenue · FY 2025
₹192.06 Cr
▲ 10% YoY
Net profit · FY 2025
₹73.05 Cr
Net margin 38%
EBITDA · FY 2025
₹90.12 Cr
EBITDA margin 46.9%
Authorised capital
₹500 Cr
Registered with MCA
Paid-up capital
₹159.25 Cr
Issued & subscribed
Satisfied charges
₹80 Cr
No open charges
Company age
42 yrs
Est. 1984
Employees · EPFO
88
Provident fund records
About Bharat Diamond Bourse
Data last updated:
Bharat Diamond Bourse is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 18 August 1984 and has been in existence for over 42 years.
Its director Arunbhai Chimanlal Shah and family are #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH1984NPL033787. Its GSTIN is 27AAACB2358R1Z9 (Maharashtra).
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹159.25 Cr. It is led by directors including Maheshbhai Premajibhai Vaghani (Director Appointed In Casual Vacancy) and Suresh Chimanlal Shah.
Its last annual general meeting (AGM) was held on 04 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 ₹192.06 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹73.05 Cr (net margin 38%) and EBITDA of ₹90.12 Cr (EBITDA margin 46.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bharat Diamond Bourse. As per MCA filings, the company has satisfied charges of ₹80 Cr on record. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bdbindia.org.
Company details
CIN U51398MH1984NPL033787
Registration Number 033787
Incorporation Date 18 August 1984
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
Bharat Diamond Bourse has one previous CIN (Corporate Identification Number): U51398MH1984GAP033787. The current CIN is U51398MH1984NPL033787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51398MH1984NPL033787 | Current |
| U51398MH1984GAP033787 | Previous |
Key People
Maheshbhai Premajibhai Vaghani Director Appointed In Casual Vacancy Suresh Chimanlal Shah Director Anup Pravin Zaveri Director Recognitions & Rankings of Bharat Diamond Bourse
Contact details
Bharat Diamond Bourse's registered office is in Mumbai, Maharashtra. Its website is bdbindia.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAdministrative Office (Basement Between Tower B&C) Nr. Gate No.4 G Block BKC Bandra(East, ), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Bharat Diamond Bourse, buy the company report.
Comprehensive company report
Bharat Diamond Bourse - one report that includes everything
- 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
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Brands
Bharat Diamond Bourse operates one associated brand: Bharat Diamond Bourse. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diamond trading, export promotion, and industry support services in India. | bdbindia.org |
Business activity
The main business activity of Bharat Diamond Bourse is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Bharat Diamond Bourse, buy the company report.
Financials of Bharat Diamond Bourse
FY 2025 filings availableBharat Diamond Bourse reported revenue of ₹192.06 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹192.06 Cr ▲ 10%
Net profit · FY 2025
₹73.05 Cr margin 38%
EBITDA · FY 2025
₹90.12 Cr margin 46.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 10%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 10% growth in the latest year. EBITDA rose 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹90.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 46.9% | ||||
| Net Profit Margin | 38% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Bharat Diamond Bourse, buy the company report.
Board of directors of Bharat Diamond Bourse
Bharat Diamond Bourse has 20 current directors and 56 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshbhai Premajibhai Vaghani | Director Appointed In Casual Vacancy | 23 Nov 2013 | 12 Years 11 Months | Current |
| Suresh Chimanlal Shah Also directs: Diamond India Limited, Twinkle Diamond Exports Private Limited, Ellisbridge Trading Private Limited and 1 more | Director | 06 Dec 2018 | 7 Years 11 Months | Current |
| Anup Pravin Zaveri Also directs: India Diamond Trading Centre, BDB Sports Foundation, Diamond Exporters Association Limited and 3 more | Director | 28 Sep 2015 | 11 Years 1 Months | Current |
| Anoop Vrajlal Mehta | Director | 27 Oct 1995 | 31 Years 0 Months | Current |
| Kiran Kantilal Gandhi | Director | 27 Oct 1995 | 31 Years 0 Months | Current |
| Ramniklal Premchand Shah | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
Showing 6 of 20 current directors. View all directors
Auditor
Bharat Diamond Bourse is audited by C N K & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & ASSOCIATES LLP | FY 2023 | 101961W/W-100036 |
Shareholding
The shareholding of Bharat Diamond Bourse 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 Bharat Diamond Bourse, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹80 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2010 | 10226471 | Corporation Bank | ₹60 Cr | Satisfied | |
| 30 Mar 2010 | 10214284 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Bharat Diamond Bourse, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bharat Diamond Bourse has 25 court cases on record: 3 filed by Bharat Diamond Bourse, 22 filed against it. 7 cases are pending and 18 are disposed.
Total cases
25
Filed by the company
3
Filed against the company
22
Pending
7
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 2 |
| District courts | 8 | 8 | 4 |
| Supreme Court | 4 | 3 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Vijisan Exports Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Vijisan Exports Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Vijisan Exports Private Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by D.Nareshkumar Exports Pvt.Ltd Jayantkumar Virchandlal Parmar | Pending |
| Supreme Court | Court case (3103-Land Laws, Agricultural tenancy, Land Revenue : Land Ceiling Laws including Urban Land Ceiling Act, Repeal Act and State Land Ceiling Laws and consolidation laws) | Filed by the company against 1 Kalpataru Land (Surat) Pvt. Ltd. Secretary Having Its Registered Office at:- ,Mumbai , Maharashtra and 22 others | Pending |
To see the full case history of Bharat Diamond Bourse, 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
Bharat Diamond Bourse has 5 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pci Pest Control Private Limited | |||
| Prabhu Envirotec Private Limited | |||
| B-Bams Private Limited | |||
| Kleentech Network Private Limited | |||
| Creative Integrated Facility Management |
To see the full MSME payment records of Bharat Diamond Bourse, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bharat Diamond Bourse has a workforce of 88 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
88
Active EPFO establishments
1
Employee growth
1.15%
GST
Bharat Diamond Bourse has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2358R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharat Diamond Bourse, buy the company report.
Recent activity
Bharat Diamond Bourse has 71 board changes on record since 1995: 20 appointments and 51 cessations. The latest: Denish Harilal Shah was appointed as Director on 25 Sep 2025.
Appointed
Denish Harilal Shah was appointed as Director.
AGM
Bharat Diamond Bourse last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Ceased
Saket Sudhir Mehta ceased to be Additional Director.
Filing
Bharat Diamond Bourse has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Saket Sudhir Mehta was appointed as Director.
Appointed
Arunbhai Chimanlal Shah was appointed as Director.
Ceased
Jitendra Kirtilal Bhansali ceased to be Director.
Appointed
Surendrakumar Dassani was appointed as Director.
Ceased
Rohit Mahasukhlal Shah ceased to be Additional Director.
Ceased
Surendrakumar Dassani ceased to be Director.
Ceased
Kumar Mehta Rasiklal ceased to be Additional Director.
Ceased
Vinodlal Dhudalal Shah ceased to be Director.
68 earlier events are in the company report.
From our blog
Frequently asked questions
Bharat Diamond Bourse is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 18 August 1984 (42+ years old) and is registered under CIN U51398MH1984NPL033787.
Bharat Diamond Bourse has 20 current directors:
- Maheshbhai Premajibhai Vaghani - Director Appointed In Casual Vacancy
- Suresh Chimanlal Shah - Director
- Anup Pravin Zaveri - Director
- Anoop Vrajlal Mehta - Director
- Kiran Kantilal Gandhi - Director
- Ramniklal Premchand Shah - Director
- Prakash Chandulal Shah - Director
- Denish Harilal Shah - Director
- Paresh Ramniklal Mehta - Director
- Jay Ketan Parikh - Director
- Jagdishkumar Babulal Somani - Director
- Bharti Shrenik Mehta - Director
- Saket Sudhir Mehta - Director
- Lalitkumar Sevantilal Sheth - Director
- Surendrakumar Dassani - Director
- Arunbhai Chimanlal Shah - Director
- Jasvant Amrutlal Parikh - Director
- Milan Kavin Parikh - Director
- Mehul Navinchandra Shah - Director
- Kirit Achratlal Bhansali - Director
The latest financial statements of Bharat Diamond Bourse on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharat Diamond Bourse is 27AAACB2358R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bharat Diamond Bourse is U51398MH1984NPL033787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bharat Diamond Bourse has 25 court cases on record: 3 filed by the company and 22 filed against it. 7 are pending. Most are in the high courts.
Bharat Diamond Bourse was incorporated on 18 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Denish Harilal Shah was appointed as Director on 25 Sep 2025. Saket Sudhir Mehta ceased to be Additional Director on 03 Sep 2025. Saket Sudhir Mehta was appointed as Director on 03 Oct 2024. Bharat Diamond Bourse has 71 board changes on record in total.
Bharat Diamond Bourse has 5 MSME Form 1 returns on record between 2022 and 2024, listing 22 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Bharat Diamond Bourse can be reached through the website bdbindia.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bharat Diamond Bourse is at Administrative Office Basement Between Tower B&C Nr. Gate No.4 G Block BKC BandraEast, , Mumbai, Maharashtra, India – 400051.
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