Devdiam Private Limited
About Devdiam Private Limited
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Devdiam 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 01 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH1992PTC064673. Its GSTIN is 27AAACS7114A1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Roshan Tarachand Sanghvi and Minaxi Mohanlal Sanghvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S/11A Floor – G Plot – Cs 1487 Prasad Chambers Tata Road No 2 Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.62 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹34.59 Lakh (net margin 85.2%) and EBITDA of ₹38.71 Lakh (EBITDA margin 95.3%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 70% over five years.
As per MCA filings, the company has open charges of ₹64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devdiam Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS/11A Floor – G Plot – Cs 1487 Prasad Chambers Tata Road No 2 Opera House Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Devdiam 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
Financials of Devdiam Private Limited
FY 2025 filings availableDevdiam Private Limited reported revenue of ₹40.62 Lakh (down 73% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 73% fall in the latest year. EBITDA fell 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹38.71 Lakh | ||||
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| Net Profit (PAT) | ₹34.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 95.3% | ||||
| Net Profit Margin | 85.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devdiam Private Limited, buy the company report.
Board of directors of Devdiam Private Limited
Devdiam has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshan Tarachand Sanghvi | Director | 01 Nov 2008 | 17 Years 11 Months | Current |
| Minaxi Mohanlal Sanghvi | Director | 17 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Devdiam Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saffron Gems Private Limited | ₹41.07 Lakh (FY 2025) | -51.0% | Surat, Gujarat, India | |||
| TCJ Impex Private Limited | ₹40.76 Lakh (FY 2025) | 156681.0% | Kolkata, West Bengal, India | |||
| Mohini International Private Limited | ₹40.66 Lakh (FY 2024) | 2472.0% | New Delhi, Delhi, India | |||
| Devdiam Private Limitedthis company | ₹40.62 Lakh (FY 2024) | ₹34.59 Lakh | 85.2% | -73.0% | Mumbai, Maharashtra, India | |
| New Leaf Jewels Private Limited | ₹40.35 Lakh (FY 2024) | 42.0% | New Delhi, Delhi, India |
To see the full peer comparison of Devdiam Private Limited, buy the company report.
Auditor
Devdiam Private Limited is audited by RAVEENDRAJINADATTBHAISHAH for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVEENDRAJINADATTBHAISHAH | FY 2022 | 103801 |
Shareholding
The shareholding of Devdiam 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devdiam Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 1997 | 90244257 | Bank of Baroda | ₹64 Cr | Open |
To see the full charge records of Devdiam Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Devdiam 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 Devdiam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devdiam has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7114A1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devdiam Private Limited, buy the company report.
Recent activity
Devdiam Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Minaxi Mohanlal Sanghvi ceased to be Additional Director on 30 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Devdiam 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 01 January 1992 (34+ years old) and is registered under CIN U36910MH1992PTC064673.
Devdiam has 2 current directors:
- Roshan Tarachand Sanghvi - Director
- Minaxi Mohanlal Sanghvi - Director
The latest financial statements of Devdiam on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Devdiam is 27AAACS7114A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devdiam is U36910MH1992PTC064673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devdiam was incorporated on 01 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devdiam by revenue are Saffron Gems Private Limited, TCJ Impex Private Limited, Mohini International Private Limited, New Leaf Jewels Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Minaxi Mohanlal Sanghvi ceased to be Additional Director on 30 Sep 2016. Babita Tarachand Sanghvi ceased to be Additional Director on 17 Jun 2016. Dhanesh Mohanlal Sanghvi ceased to be Director on 17 Jun 2016. Devdiam has 8 board changes on record in total.
The registered office of Devdiam is at S11A Floor – G Plot – Cs 1487 Prasad Chambers Tata Road No 2 Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
Devdiam operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Devdiam has open charges of ₹64 Cr and no satisfied charges on record as per latest MCA filings.