About Diman Advisors Private Limited
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Diman Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 16 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15122MH2015PTC270167. Its GSTIN is 27AAFCD5185M1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Discovery Capital Financial Services Private Limited and Diman Discovercap Private Limited. It is led by directors Devna Jayant Vora and Riddhesh Ram Gandhi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.01 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Cr (net margin 39.1%) and EBITDA of ₹7.55 Cr (EBITDA margin 47.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 155% 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 discovercap.com.
Company details
Name history
Diman Advisors has undergone 5 name changes throughout its history. The current legal name is Diman Advisors Private Limited.
| Company Name | Status |
|---|---|
| Diman Advisors Private Limited | Current |
| Discovery Capital Financial Services Private Limited | Previous |
| Diman Discovercap Private Limited | Previous |
| Diman Discovery Capital Private Limited | Previous |
| Diman Financial Services Private Limited | Previous |
| Diman Foods Private Limited | Previous |
Contact details
Diman Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFloor – 5 Plot – 178 N K M International House Babubhai Chinai Road Nr Yogakshema Lic, Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Diman Advisors 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 activities of Diman Advisors are financial and insurance service and trade. In detail, this covers financial advisory, brokerage and consultancy services and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Diman Advisors Private Limited, buy the company report.
Financials of Diman Advisors Private Limited
FY 2025 filings availableDiman Advisors Private Limited reported revenue of ₹16.01 Cr (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 155%. EBITDA fell 40% 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 | ₹7.55 Cr | ||||
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| Net Profit (PAT) | ₹6.25 Cr | ||||
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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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| EBITDA Margin | 47.1% | ||||
| Net Profit Margin | 39.1% | ||||
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To see the full financial statements and ratios of Diman Advisors Private Limited, buy the company report.
Board of directors of Diman Advisors Private Limited
Diman Advisors 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 |
|---|---|---|---|---|
| Devna Jayant Vora Also directs: Illuminate Firefly LLP | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Riddhesh Ram Gandhi | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Diman Advisors Private Limited is audited by TENDULKAR & MEHTA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TENDULKAR & MEHTA | FY 2022 | 110857W |
Shareholding
The shareholding of Diman Advisors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Diman Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Diman Advisors 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 Diman Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Diman Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD5185M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diman Advisors Private Limited, buy the company report.
Recent activity
Diman Advisors Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Devna Jayant Vora ceased to be Additional Director on 28 Sep 2017.
Frequently asked questions
Diman Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 16 November 2015 (11+ years old) and is registered under CIN U15122MH2015PTC270167.
Diman Advisors has 2 current directors:
- Devna Jayant Vora - Director
- Riddhesh Ram Gandhi - Director
The latest financial statements of Diman Advisors 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 FY 2016 are in the company report.
The GSTIN of Diman Advisors is 27AAFCD5185M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Diman Advisors is U15122MH2015PTC270167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diman Advisors was incorporated on 16 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Devna Jayant Vora ceased to be Additional Director on 28 Sep 2017. Harshita Madhav Gandhi ceased to be Director on 28 Apr 2017. Devna Jayant Vora was appointed as Director on 31 Mar 2017. Diman Advisors has 5 board changes on record in total.
Diman Advisors can be reached through the website discovercap.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Diman Advisors is at Floor – 5 Plot – 178 N K M International House Babubhai Chinai Road Nr Yogakshema Lic, Churchgate, Mumbai, Maharashtra, India – 400020.
Diman Advisors operates in the financial services industry, in the diversified financial services segment.