Dian Star Diamonds Private Limited
About Dian Star Diamonds Private Limited
Data last updated:
Dian Star Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 12 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PTC090506. Its GSTIN is 27AAACD1860C1Z5 (Maharashtra).
The company has an authorised share capital of ₹10.01 Cr and a paid-up capital of ₹4 Cr. It was formerly known as D. Navinchandra Export Private Limited. It is led by directors Ritesh Rupen Kothari and Hemal Shrenik Choksi.
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 1508 Prasad Chambers Premises Csl Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.52 Lakh (net margin -19.9%) and EBITDA of -₹23.52 Lakh (EBITDA margin -19.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over five years.
As per MCA filings, the company has satisfied charges of ₹1,162.52 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dian Star Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1508 Prasad Chambers Premises Csl Opera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Dian Star Diamonds 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 Dian Star Diamonds is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Dian Star Diamonds Private Limited, buy the company report.
Financials of Dian Star Diamonds Private Limited
FY 2025 filings availableDian Star Diamonds Private Limited reported revenue of ₹1.18 Cr (up 1893769% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years. EBITDA fell 120% 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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| EBITDA | -₹23.52 Lakh | ||||
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| Net Profit (PAT) | -₹23.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -19.9% | ||||
| Net Profit Margin | -19.9% | ||||
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To see the full financial statements and ratios of Dian Star Diamonds Private Limited, buy the company report.
Board of directors of Dian Star Diamonds Private Limited
Dian Star Diamonds has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Rupen Kothari Also directs: Jewel Craft Private Limited, Interjewel Private Limited | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Hemal Shrenik Choksi Also directs: Jewel Craft Private Limited, Interjewel Private Limited | Director | 23 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Dian Star Diamonds Private Limited is audited by JHAVERI SHAH SHETH & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JHAVERI SHAH SHETH & CO LLP | FY 2021 | W100233 |
Shareholding
The shareholding of Dian Star Diamonds Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dian Star Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2009 | 10213755 | State Bank of India | ₹205 Cr | Satisfied | |
| 23 Dec 2005 | 10081734 | State Bank of India | ₹270 Cr | Satisfied | |
| 23 Dec 2005 | 10423028 | State Bank of India | ₹270 Cr | Satisfied | |
| 31 Dec 2004 | 90158534 | The Antwerp Diamond Bank. N.V. | ₹25 Cr | Satisfied | |
| 03 Oct 2003 | 90155404 | State Bank of India | ₹112 Cr | Satisfied |
To see the full charge records of Dian Star Diamonds Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Dian Star Diamonds Private Limited has 4 court cases on record: 3 filed by Dian Star Diamonds, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by D. N. Gems Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Dian Star Diamonds 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dian Star Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dian Star Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1860C1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dian Star Diamonds Private Limited, buy the company report.
Recent activity
Dian Star Diamonds Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Rupen Kantilal Kothari ceased to be Director on 05 Nov 2018.
25 earlier events are in the company report.
Frequently asked questions
Dian Star Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 12 July 1995 (31+ years old) and is registered under CIN U51900MH1995PTC090506.
Dian Star Diamonds has 2 current directors:
- Ritesh Rupen Kothari - Director
- Hemal Shrenik Choksi - Director
The latest financial statements of Dian Star Diamonds 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 Dian Star Diamonds is 27AAACD1860C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dian Star Diamonds is U51900MH1995PTC090506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dian Star Diamonds has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Dian Star Diamonds was incorporated on 12 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Rupen Kantilal Kothari ceased to be Director on 05 Nov 2018. Shrenik Chunilal Chokshi ceased to be Director on 05 Nov 2018. Hemal Shrenik Choksi ceased to be Additional Director on 30 Sep 2015. Dian Star Diamonds has 6 board changes on record in total.
The registered office of Dian Star Diamonds is at 1508 Prasad Chambers Premises Csl Opera House, Mumbai, Maharashtra, India – 400004.
Dian Star Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.