About Codiamantaires Private Limited
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Codiamantaires Private Limited is a private limited 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 19 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC182442. Its GSTIN is 27AAHCA2120K1ZX (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Ankit Diamonds Private Limited and Ankit Reality Private Limited. It is led by directors including Ankit Hitesh Mehta and Hitesh Vijaykumar Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹332.83 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹14.99 Cr (net margin 4.5%) and EBITDA of ₹24.76 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 180% over three years and 57% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Ankit Gems and H Dipak. As per MCA filings, the company has open charges of ₹85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hdipak.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor Section B Plot No. D – 10 Road No.21, Marol Industrial Area MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Codiamantaires Private Limited
The main business activity of Codiamantaires is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Codiamantaires Private Limited FY 2024 filings available
Codiamantaires Private Limited reported revenue of ₹332.83 Cr (up 119% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Codiamantaires Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 119% growth in the latest year. EBITDA rose 373% 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 of Codiamantaires Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.99 Cr | •••• | •••• | •••• | •••• |
| 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 of Codiamantaires Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Codiamantaires are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Codiamantaires Private Limited
Codiamantaires Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fine Jewellery Gold Private Limited | ₹338.85 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Thane, Maharashtra, India |
| Navgrahaa Gems Private Limited | ₹338.81 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Bezel Jewellery (India) Private Limited | ₹336.87 Cr (FY 2016) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| I P Jewellers Private Limited | ₹335.7 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Bairi Gold Private Limited | ₹332.96 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Pune, Maharashtra, India |
| Codiamantaires Private Limited this company | ₹332.83 Cr (FY 2024) | •••• | •••• | 119.0% | •••• | Mumbai, Maharashtra, India |
| Kundan Concentrates Private Limited | ₹331.04 Cr (FY 2025) | •••• | •••• | 28569.0% | •••• | Delhi, India |
| Olympia Impex Private Limited | ₹330.61 Cr (FY 2018) | •••• | •••• | 620.0% | •••• | Chennai, Tamil Nadu, India |
| Malabar Gold Jewels (Tirur) Private Limited | ₹330.4 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kozhikode, Kerala, India |
| Samuel Aaron Trading (India) Private Limited | ₹326.78 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Shyama Jewels Sourcing Private Limited | ₹326.59 Cr (FY 2023) | •••• | •••• | 19.0% | •••• | Puttur, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Codiamantaires by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Codiamantaires Private Limited
Codiamantaires Private Limited is audited by V. A. Parikh & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. A. Parikh & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Codiamantaires Private Limited
Codiamantaires has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Hitesh Mehta Also directs: Imaginarium Jewel Tech LLP, Mishti Jewels Private Limited, Walking Tree Diamonds Private Limited and 5 more | Director | 04 Apr 2023 | 3 Years 6 Months | Current |
| Hitesh Vijaykumar Mehta | Director | 04 Apr 2023 | 3 Years 6 Months | Current |
| Manish Vijaykumar Mehta | Director | 04 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Codiamantaires Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Codiamantaires Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2023 | Others | ₹85 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Codiamantaires Private Limited
Codiamantaires operates two associated brands: Ankit Gems and H Dipak. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A contract manufacturer specializing in diamond production and supply. | ankitgems.com | |
| Manufacturing and distributing of Princess Cut diamonds and unround shapes in the jewelry sector. | hdipak.com |
Employees and EPFO Compliance at Codiamantaires Private Limited
Employment history and EPFO contributions of people linked to Codiamantaires.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Codiamantaires Private Limited
Codiamantaires has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Avant India Private Limited | U36999MH2022PTC383673 | Locked |
Showing major subsidiaries. Total: 1.
Name History of Codiamantaires Private Limited
Codiamantaires has undergone 3 name changes throughout its history. The company was previously known as Ankit Diamonds Private Limited, Ankit Reality Private Limited, and Ankit Realty Private Limited. The current legal name is Codiamantaires Private Limited.
| Company Name | Status |
|---|---|
| Codiamantaires Private Limited | Current |
| Ankit Diamonds Private Limited | Previous |
| Ankit Reality Private Limited | Previous |
| Ankit Realty Private Limited | Previous |
CIN History of Codiamantaires Private Limited
Codiamantaires has one previous CIN (Corporate Identification Number): U45400MH2008PTC182442. The current CIN is U74999MH2008PTC182442, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2008PTC182442 | Current |
| U45400MH2008PTC182442 | Previous |
Recent Activity on Codiamantaires Private Limited
Codiamantaires Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Aashay Mehta Manish ceased to be Director on 04 Apr 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Codiamantaires Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Codiamantaires Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Codiamantaires Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Codiamantaires Private Limited
Codiamantaires has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA2120K1ZX | Maharashtra | Active | 01 Jul 2017 |
| 24AAHCA2120K2Z2 | Gujarat | Active | 23 Jun 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Codiamantaires Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Codiamantaires Private Limited
Codiamantaires is an active private limited 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 19 May 2008 (18+ years old) and is registered under CIN U74999MH2008PTC182442.
Codiamantaires reported revenue of ₹332.83 Cr for FY 2024 (up 119% YoY).
Codiamantaires has 3 current directors:
- Ankit Hitesh Mehta - Director
- Hitesh Vijaykumar Mehta - Director
- Manish Vijaykumar Mehta - Director
Codiamantaires reported a net profit of ₹14.99 Cr (net margin 4.5%) and EBITDA of ₹24.76 Cr (EBITDA margin 7.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codiamantaires is 180% over three years and 57% over five years. In the latest year (FY 2024) revenue rose 119%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codiamantaires is 27AAHCA2120K1ZX, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAHCA2120K2Z2 (Gujarat).
The CIN (Corporate Identification Number) of Codiamantaires is U74999MH2008PTC182442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codiamantaires was incorporated on 19 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Codiamantaires by revenue are Fine Jewellery Gold Private Limited, Navgrahaa Gems Private Limited, Bezel Jewellery (India) Private Limited, I P Jewellers Private Limited, Bairi Gold Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Aashay Mehta Manish ceased to be Director on 04 Apr 2023. Ankit Hitesh Mehta was appointed as Director on 04 Apr 2023. Hitesh Vijaykumar Mehta was appointed as Director on 04 Apr 2023. Codiamantaires has 9 board changes on record in total.
Codiamantaires can be reached through the website hdipak.com. Its registered office is in Mumbai, Maharashtra, India.