Diamond Hosiery Mills Pvt Ltd
About Diamond Hosiery Mills Pvt Ltd
Data last updated:
Diamond Hosiery Mills Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 15 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17111PB1993PTC013528. Its GSTIN is 03AABCD7485Q1Z4 (Punjab).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹63.1 Lakh. It is led by directors Rajat Sareen and Ranjna Verma.
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 Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.44 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 0.2%) and EBITDA of ₹23.18 Lakh (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹4.17 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Diamond Hosiery Mills Pvt Ltd's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSomnath Building Opposite State Kheti Badi, Co – Operative Society Noorwala Road, Ludhiana, Punjab, India – 141007
- IndustryFashion and Textile, Innerwear
To see the full contact details of Diamond Hosiery Mills Pvt Ltd, 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 Diamond Hosiery Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Diamond Hosiery Mills Pvt Ltd, buy the company report.
Financials of Diamond Hosiery Mills Pvt Ltd
FY 2025 filings availableDiamond Hosiery Mills Pvt Ltd reported revenue of ₹6.44 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 19% 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 | ₹23.18 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹1.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Diamond Hosiery Mills Pvt Ltd, buy the company report.
Board of directors of Diamond Hosiery Mills Pvt Ltd
Diamond Hosiery Mills has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjna Verma | Additional Director | 26 May 2008 | 18 Years 5 Months | Current |
| Rajat Sareen | Director | 28 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Diamond Hosiery Mills Pvt Ltd is compared with the 6 companies closest to it by revenue in the Apparel industry (Hosiery, Inner Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toplight Brands Private Limited | ₹7.01 Cr (FY 2023) | 44.0% | Tiruppur, Tamil Nadu, India | |||
| Mybra Apparels India Private Limited | ₹6.73 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Diamond Hosiery Mills Pvt Ltdthis company | ₹6.44 Cr (FY 2024) | ₹1.59 Lakh | 0.2% | 1.0% | Ludhiana, Punjab, India | |
| Atam Textiles Private Limited | ₹6.35 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India | |||
| Parikh Fabrics Private Limited | ₹6.33 Cr (FY 2019) | -47.0% | Telangana, India | |||
| Confidence Clothing Private Limited | ₹6.31 Cr (FY 2025) | 1669.0% | Ludhiana, Punjab, India | |||
| Dudheria Tex Tile Pvt. Ltd. | ₹6.21 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Diamond Hosiery Mills Pvt Ltd, buy the company report.
Auditor
Diamond Hosiery Mills Pvt Ltd is audited by DAVINDER REKHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAVINDER REKHI & CO | FY 2021 | 005954N |
Shareholding
The shareholding of Diamond Hosiery Mills Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diamond Hosiery Mills Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101188003 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 14 Jun 2024 | 100947755 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 04 May 2009 | 10159863 | Canara Bank | ₹4 Lakh | Open | |
| 02 Apr 2009 | 10151218 | Others | ₹1.98 Cr | Open |
To see the full charge records of Diamond Hosiery Mills Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Diamond Hosiery Mills Pvt Ltd has 11 court cases on record: 8 filed by Diamond Hosiery Mills, 3 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ahuja Cotspin Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Punjab State Power Corporation Ltd | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by The PR Commissioner of Income Tax 1 Ludhiana | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against individuals | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Hem Raj Bodh Raj | Disposed |
To see the full case history of Diamond Hosiery Mills Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Diamond Hosiery Mills Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diamond Hosiery Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCD7485Q1Z4 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diamond Hosiery Mills Pvt Ltd, buy the company report.
Recent activity
Diamond Hosiery Mills Pvt Ltd has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Rakesh Verma ceased to be Director on 15 Dec 2019.
1 earlier event is in the company report.
Frequently asked questions
Diamond Hosiery Mills is an active private limited company based in Ludhiana, Punjab, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 15 July 1993 (33+ years old) and is registered under CIN U17111PB1993PTC013528.
Diamond Hosiery Mills has 2 current directors:
- Ranjna Verma - Additional Director
- Rajat Sareen - Director
The latest financial statements of Diamond Hosiery Mills 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 Diamond Hosiery Mills is 03AABCD7485Q1Z4, registered in Punjab.
The CIN (Corporate Identification Number) of Diamond Hosiery Mills is U17111PB1993PTC013528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamond Hosiery Mills has 11 court cases on record: 8 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Diamond Hosiery Mills was incorporated on 15 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Diamond Hosiery Mills by revenue are Toplight Brands Private Limited, Mybra Apparels India Private Limited, Atam Textiles Private Limited, Parikh Fabrics Private Limited, Confidence Clothing Private Limited and 1 more, all in the Apparel industry (Hosiery, Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Rakesh Verma ceased to be Director on 15 Dec 2019. Rajat Sareen ceased to be Additional Director on 30 Sep 2018. Rajat Sareen was appointed as Director on 28 Sep 2018. Diamond Hosiery Mills has 5 board changes on record in total.
The registered office of Diamond Hosiery Mills is at Somnath Building Opposite State Kheti Badi, Co – Operative Society Noorwala Road, Ludhiana, Punjab, India – 141007.
Diamond Hosiery Mills operates in the fashion and textile industry, in the innerwear segment.
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