About Diamex Sourcing Private Limited
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Diamex Sourcing 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 26 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC236245. Its GSTIN is 27AAECD4293R1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajit Harilal Shah and Shalin Ajit Shah.
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 Dc 5120 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.45 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹14.39 Lakh (net margin 0.3%) and EBITDA of ₹1.1 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diamexsourcing.in.
Company details
Contact details
Diamex Sourcing Private Limited's registered office is in Mumbai, Maharashtra. Its website is diamexsourcing.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDc 5120 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Diamex Sourcing 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 Diamex Sourcing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Diamex Sourcing Private Limited, buy the company report.
Financials of Diamex Sourcing Private Limited
FY 2024 filings availableDiamex Sourcing Private Limited reported revenue of ₹50.45 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 4% 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 | ₹1.1 Cr | ||||
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| Net Profit (PAT) | ₹14.39 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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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Diamex Sourcing Private Limited, buy the company report.
Board of directors of Diamex Sourcing Private Limited
Diamex Sourcing has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Harilal Shah | Director | 26 Sep 2012 | 14 Years 1 Months | Current |
| Shalin Ajit Shah | Director | 26 Sep 2012 | 14 Years 1 Months | Current |
| Kanal Vicky Shah | Additional Director | 26 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Diamex Sourcing Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sidhi Vinayak Sales Private Limited | ₹51.04 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Sri Bhrigu Jewellers Private Limited | ₹50.56 Cr (FY 2025) | 174.0% | Delhi, India | |||
| Diamex Sourcing Private Limitedthis company | ₹50.45 Cr (FY 2024) | ₹14.39 Lakh | 0.3% | -15.0% | Mumbai, Maharashtra, India | |
| Neelmani Jewellers Private Limited | ₹50.15 Cr (FY 2024) | 38.0% | Delhi, India |
To see the full peer comparison of Diamex Sourcing Private Limited, buy the company report.
Auditor
Diamex Sourcing Private Limited is audited by PRAVIN K CHEDDA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVIN K CHEDDA & CO. | FY 2023 | 106180 |
Shareholding
The shareholding of Diamex Sourcing 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Diamex Sourcing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Diamex Sourcing 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 Diamex Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diamex Sourcing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD4293R1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diamex Sourcing Private Limited, buy the company report.
Recent activity
Diamex Sourcing Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Ajit Harilal Shah ceased to be Director on 26 Sep 2025.
Frequently asked questions
Diamex Sourcing 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 26 September 2012 (14+ years old) and is registered under CIN U74999MH2012PTC236245.
Diamex Sourcing has 3 current directors:
- Ajit Harilal Shah - Director
- Shalin Ajit Shah - Director
- Kanal Vicky Shah - Additional Director
The latest financial statements of Diamex Sourcing 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 2015 are in the company report.
The GSTIN of Diamex Sourcing is 27AAECD4293R1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Diamex Sourcing is U74999MH2012PTC236245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamex Sourcing was incorporated on 26 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Diamex Sourcing by revenue are Sidhi Vinayak Sales Private Limited, Sri Bhrigu Jewellers Private Limited, Neelmani Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Ajit Harilal Shah ceased to be Director on 26 Sep 2025. Kanal Vicky Shah was appointed as Additional Director on 26 Sep 2025. Ajit Harilal Shah was appointed as Director on 26 Sep 2012. Diamex Sourcing has 4 board changes on record in total.
Diamex Sourcing can be reached through the website diamexsourcing.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Diamex Sourcing is at Dc 5120 Bharat Diamond Bourse Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Diamex Sourcing operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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