MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-05-0031832
Diamond TMT & Procon Private Limited - metals and minerals in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹240.67 Cr
▲ 7% YoY
Net profit · FY 2025
₹65.82 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹4.49 Cr
EBITDA margin 1.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹60.79 Lakh
Issued & subscribed
Open charges
₹88.26 Cr
Satisfied ₹8 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
17
Provident fund records
About Diamond TMT & Procon Private Limited
Data last updated:
Diamond TMT & Procon Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC059710. Its GSTIN is 24AANCS9634E1Z3 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60.79 Lakh. It was formerly known as Sai Infraspace Private Limited. It is led by directors Ajaykumar Ramesh Jain and Akshay Ajaykumar Jain.
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 337 – 338 Madhav Darshan Waghawadi Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹240.67 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹65.82 Lakh (net margin 0.3%) and EBITDA of ₹4.49 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Diamond TMT. As per MCA filings, the company has open charges of ₹88.26 Cr and satisfied charges of ₹8 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.66 Cr; the latest was in October 2015. Its 9 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 5 smaller; the largest is S.L.O. Industries Limited with revenue of ₹243.26 Cr.
Diamond TMT & Procon Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0031832). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diamondtmt.com.
Company details
CIN U45201GJ2010PTC059710
Registration Number 059710
Incorporation Date 25 February 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-05-0031832
Recognitions & Rankings of Diamond TMT & Procon
Contact details
Diamond TMT & Procon Private Limited's registered office is in Bhavnagar, Gujarat. Its website is diamondtmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address337 – 338 Madhav Darshan Waghawadi Road, Bhavnagar, Gujarat, India – 364001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Diamond TMT & Procon Private Limited, buy the company report.
Comprehensive company report
Diamond TMT & Procon Private Limited - one report that includes everything
- 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
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Brands
Diamond TMT & Procon operates one associated brand: Diamond TMT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel rolling and TMT bar manufacturing in India. | diamondtmt.com |
Business activity
The main business activity of Diamond TMT & Procon is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Diamond TMT & Procon Private Limited, buy the company report.
Financials of Diamond TMT & Procon Private Limited
FY 2025 filings availableDiamond TMT & Procon Private Limited reported revenue of ₹240.67 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹240.67 Cr ▲ 7%
Net profit · FY 2025
₹65.82 Lakh margin 0.3%
EBITDA · FY 2025
₹4.49 Cr margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▼ 14%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 16% 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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| Total Expenses | |||||
| EBITDA | ₹4.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹65.82 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Diamond TMT & Procon Private Limited, buy the company report.
Board of directors of Diamond TMT & Procon Private Limited
Diamond TMT & Procon has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Ramesh Jain Also directs: Diamond Industries Shipbreaking Private Limited | Director | 04 Aug 2012 | 14 Years 2 Months | Current |
| Akshay Ajaykumar Jain Also directs: Diamond Industries Shipbreaking Private Limited | Director | 25 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Diamond TMT & Procon Private Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.L.O. Industries Limited | ₹243.26 Cr (FY 2019) | 20.0% | Chennai, Tamil Nadu, India | |||
| Nawla Ispat Private Limited | ₹243.22 Cr (FY 2025) | 28.0% | Sardhana, Uttar Pradesh, India | |||
| Sahanu Sponge and Power Private Limited | ₹242.34 Cr (FY 2025) | -27.0% | Panaji, Goa, India | |||
| Pushp Steels and Mining Private Limited | ₹241.2 Cr (FY 2024) | -13.0% | Delhi, India | |||
| Diamond TMT & Procon Private Limitedthis company | ₹240.67 Cr (FY 2025) | ₹65.82 Lakh | 0.3% | 7.0% | 17 | Bhavnagar, Gujarat, India |
| Metro Ispat Private Limited | ₹240.4 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Gangajamuna Steel Private Limited | ₹240.22 Cr (FY 2025) | 21.0% | Delhi, India | |||
| D.D. Steel & Power Limited | ₹240.16 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Steeltech Alloys Private Limited | ₹240.15 Cr (FY 2025) | 2.0% | Khanna, Punjab, India | |||
| Sun Metallics & Alloys Private Limited | ₹239.95 Cr (FY 2018) | 67.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Diamond TMT & Procon Private Limited, buy the company report.
Auditor
Diamond TMT & Procon Private Limited is audited by JAYESH MEHTA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH MEHTA & ASSOCIATES | FY 2024 | 138451W |
Shareholding
The shareholding of Diamond TMT & Procon 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diamond TMT & Procon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹88.26 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2026 | 101384022 | Others | ₹6.46 Cr | Open | |
| 13 Sep 2013 | 10487273 | Others | ₹42.8 Cr | Open | |
| 10 Sep 2013 | 10487274 | Oriental Bank of Commerce | ₹39 Cr | Open | |
| 13 Sep 2013 | 10487275 | Oriental Bank of Commerce | ₹8 Cr | Satisfied |
To see the full charge records of Diamond TMT & Procon Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Diamond TMT & Procon Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.66 Cr; the latest was in October 2015.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹7.66 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Eternal Motors Private Limited |
| Mar 2014 | Funding round | ₹4.13 Cr | Investors: 4 individuals |
| May 2013 | Funding round | ₹2.4 Cr | Investors: 2 individuals |
| May 2013 | Funding round | ₹1.13 Cr | Investors: Eternal Motors Private Limited |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
To see the full deal history of Diamond TMT & Procon Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Diamond TMT & Procon Private Limited has 5 court cases on record: 2 filed by Diamond TMT & Procon, 3 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against , Ahmedabad and 2 others | Disposed |
| District court, Bhavnagar, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against The Assistant Commissioner of Income Tax, Circle -1, Bhavnagar | Pending |
| District court, Bhavnagar, Gujarat | Court case (CMA DC) | Filed against the company by National Highwayas Authority of India Through Project Director | Disposed |
| District court, Bhavnagar, Gujarat | Court case (WC-NFATAL-L) | Filed against the company by an individual | Disposed |
To see the full case history of Diamond TMT & Procon Private Limited, 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.
Credit ratings & regulatory alerts
Diamond TMT & Procon Private Limited was last rated by Care on 20 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Feb 2026 |
To see the full credit ratings and regulatory alerts of Diamond TMT & Procon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Diamond TMT & Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Diamond TMT & Procon Private Limited has a workforce of 17 employees on its EPFO records as of Nov 16, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-10.53%
GST
Diamond TMT & Procon has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCS9634E1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diamond TMT & Procon Private Limited, buy the company report.
Recent activity
Diamond TMT & Procon Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Sumit Khanna ceased to be Director on 14 Aug 2012.
Charges
A charge with Others amounted to Rs. 6.46 Cr with Charge ID 101384022 was registered on 01 Sep 2026.
Charges
A charge with Others of Rs. 42.80 Cr registered on 13 Sep 2013 with Charge ID 10487273 was modified on 07 Oct 2025.
AGM
Diamond Tmt & Procon Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Diamond Tmt & Procon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 13 Sep 2013 via Charge ID 10487275 with Oriental Bank Of Commerce was fully satisfied on 16 Mar 2022.
Charges
A charge with Oriental Bank Of Commerce of Rs. 39.00 Cr registered on 10 Sep 2013 with Charge ID 10487274 was modified on 18 Mar 2015.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 8.00 Cr with Charge ID 10487275 was registered on 13 Sep 2013.
Charges
A charge with Others amounted to Rs. 42.80 Cr with Charge ID 10487273 was registered on 13 Sep 2013.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 39.00 Cr with Charge ID 10487274 was registered on 10 Sep 2013.
Ceased
Sumit Khanna ceased to be Director.
Appointed
Ajaykumar Ramesh Jain was appointed as Director.
Ceased
Dharam Navinkumar Aggarwal ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Diamond TMT & Procon is an active private limited company based in Bhavnagar, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 February 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC059710.
Diamond TMT & Procon has 2 current directors:
- Ajaykumar Ramesh Jain - Director
- Akshay Ajaykumar Jain - Director
The latest financial statements of Diamond TMT & Procon 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 TMT & Procon is 24AANCS9634E1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Diamond TMT & Procon is U45201GJ2010PTC059710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diamond TMT & Procon has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Diamond TMT & Procon was incorporated on 25 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Diamond TMT & Procon has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.66 Cr; the latest was in October 2015.
The peers of Diamond TMT & Procon by revenue are S.L.O. Industries Limited, Nawla Ispat Private Limited, Sahanu Sponge and Power Private Limited, Pushp Steels and Mining Private Limited, Metro Ispat Private Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Sumit Khanna ceased to be Director on 14 Aug 2012. Ajaykumar Ramesh Jain was appointed as Director on 04 Aug 2012. Dharam Navinkumar Aggarwal ceased to be Director on 02 Apr 2012. Diamond TMT & Procon has 5 board changes on record in total.
Yes, Diamond TMT & Procon is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-05-0031832).