- Udyam number
- UDYAM-GJ-22-0002627

Borana Diam Private Limited
About Borana Diam Private Limited
Data last updated:
Borana Diam 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 16 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC104771. Its GSTIN is 24AAICB0723C1ZD (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Snehil Hemant Borana and Manhil Hemant Borana.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy.372 Plot 4748 Savani Ind Society B/H. Gitanjalli Cinema Varachha Road, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2025, the company reported a revenue of ₹139.58 Cr, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹59.5 Lakh (net margin 0.4%) and EBITDA of ₹1.93 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 97% over five years.
Borana Diam Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0002627).
Company details
Recognitions & Rankings of Borana Diam
Contact details
Borana Diam Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy.372 Plot 4748 Savani Ind Society B/H. Gitanjalli Cinema Varachha Road, Surat, Gujarat, India – 395006
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Borana Diam 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 Borana Diam is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Borana Diam Private Limited, buy the company report.
Financials of Borana Diam Private Limited
FY 2024 filings availableBorana Diam Private Limited reported revenue of ₹139.58 Cr (up 133% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 133% growth in the latest year. EBITDA rose 196% 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 | ₹1.93 Cr | ||||
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| Net Profit (PAT) | ₹59.5 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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| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Borana Diam Private Limited, buy the company report.
Board of directors of Borana Diam Private Limited
Borana Diam has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehil Hemant Borana Also directs: Borana Tradelink Private Limited | Director | 16 Oct 2018 | 8 Years 0 Months | Current |
| Manhil Hemant Borana | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Borana Diam Private Limited is audited by B N KEDIA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N KEDIA & CO | FY 2024 | 001652N |
Shareholding
The shareholding of Borana Diam Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Borana Diam Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Borana Diam 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 Borana Diam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Borana Diam has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICB0723C1ZD | Gujarat | Active | 29 May 2019 |
To see the full GST registrations and return filing status of Borana Diam Private Limited, buy the company report.
Recent activity
Borana Diam Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Mitan Borana ceased to be Director on 03 Sep 2024.
Frequently asked questions
Borana Diam 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 16 October 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC104771.
Borana Diam has 2 current directors:
- Snehil Hemant Borana - Director
- Manhil Hemant Borana - Director
The latest financial statements of Borana Diam on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Borana Diam is 24AAICB0723C1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Borana Diam is U51909GJ2018PTC104771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Borana Diam was incorporated on 16 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mitan Borana ceased to be Director on 03 Sep 2024. Manhil Hemant Borana was appointed as Director on 16 Aug 2023. Snehil Hemant Borana was appointed as Director on 16 Oct 2018.
Yes, Borana Diam is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0002627).
The registered office of Borana Diam is at Sy.372 Plot 4748 Savani Ind Society BH. Gitanjalli Cinema Varachha Road, Surat, Gujarat, India – 395006.
Borana Diam operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.

