About Dimexon Diamonds Limited
Data last updated:
Dimexon Diamonds Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Dimexon (Hong Kong) Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 25 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1995PLC088786. Its GSTIN is 27AAACD1877D1ZU (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹145 Cr and a paid-up capital of ₹3.35 Cr. It is led by directors including Rajiv Pankaj Mehta (Whole-Time Director) and Natarajan Baskaran.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 716 Raheja Chambers Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2022, the company reported a revenue of ₹1,626.8 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Cr (net margin 0.2%) and EBITDA of ₹33.63 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company has about 323 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹447.66 Cr and satisfied charges of ₹3,242.81 Cr on record. Court records list 37 cases involving the company, including 31 filed by the company and 6 filed against it; 6 cases are pending. The company has 9 deals on record (7 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹85.35 Cr; the latest was in December 2019. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 272 overdue payments to 41 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dimexon.com.
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- Registered Address716 Raheja Chambers Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
- 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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Financials of Dimexon Diamonds Limited FY 2024 filings available
Dimexon Diamonds Limited reported revenue of ₹1,626.8 Cr (up 27% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Dimexon Diamonds Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 27% growth in the latest year. EBITDA fell 59% 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 of Dimexon Diamonds Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.74 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dimexon Diamonds Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dimexon Diamonds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Dimexon Diamonds Limited
Dimexon Diamonds Limited is audited by CHAITANYA C DALAL AND CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAITANYA C DALAL AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dimexon Diamonds Limited
Dimexon Diamonds has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Baskaran | Director | 21 Dec 2019 | 6 Years 9 Months | Current |
| Rajiv Pankaj Mehta Also directs: Pankaj K Mehta Investment Pvt Ltd, Dimexon Jewellery Creations Private Limited, Good Side Ventures Private Limited and 2 more | Whole-Time Director | 01 Jan 2013 | 13 Years 9 Months | Current |
| Vishal Pankaj Mehta Also directs: Pankaj K Mehta Investment Pvt Ltd | Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Minal Shail Shah Also directs: Dimexon Integrated Business Services Private Limited | Director | 22 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Dimexon Diamonds Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dimexon Diamonds Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2021 | Others | ₹1.58 Cr | Open |
| 30 Nov 2021 | Others | ₹65 Lakh | Open |
| 08 Jul 2005 | Others | ₹445.43 Cr | Open |
| 06 Mar 2021 | Canara Bank | ₹5.9 Cr | Satisfied |
| 03 Mar 2021 | State Bank of India | ₹3.42 Cr | Satisfied |
Total charge records: 35 View all charges
Deals & Funding of Dimexon Diamonds Limited
Dimexon Diamonds Limited has 9 deals on record (7 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹85.35 Cr; the latest was in December 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Dimexon (India) Holding Private Limited & Dimple Rajiv Mehta, Dimexon (India) Holding Private Limited & Pankaj K Mehta, Dimexon (India) Holding Private Limited & Nina Pankaj Mehta Seller: Pankaj K Mehta Investment Pvt Ltd , Paresh K Mehta HUF, 2 individuals |
| Mar 2008 | Funding round | ₹35.3 Lakh | Investors: Dimexon (India) Holding Private Limited , Paresh K Mehta Investment Pvt Ltd , Pankaj K Mehta Investment Pvt Ltd |
| Jun 2007 | Secondary share transfer | Undisclosed | Buyer: Dimexon (India) Holding Private Limited Seller: an individual |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: Dimexon (India) Holding Private Limited Seller: FK Rattonsey Invt Private Limited |
| Oct 2006 | Secondary share transfer | Undisclosed | Buyer: Dimexon (India) Holding Private Limited Seller: Paresh K Mehta Investment Pvt Ltd |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dimexon Diamonds Limited
Dimexon Diamonds Limited has 37 court cases on record: 31 filed by Dimexon Diamonds, 6 filed against it. 6 cases are pending and 31 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 3 | 2 |
| District courts | 16 | 3 | 4 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Amaravati Jewellers Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Amaravati Jewellers Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Original application | Filed by the company against Amaravati Jewellers Private Limited | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed by the company against Dimexon Diamonds Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Amaravati Jewellers Private Limited | Disposed |
Full case history
All 37 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Dimexon Diamonds Limited
Dimexon Diamonds Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 272 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| B.V.Chinai and Co. (India) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Dimexon Diamonds Limited
Dimexon Diamonds Limited has a workforce of 323 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Dimexon Diamonds Limited
Dimexon Diamonds has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Dimexon Jewellery Creations Private Limited | U74900MH2011PTC216937 | Locked |
| Dimexon Integrated Business Services Private Limited | U74999TZ1991PTC003568 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Dimexon Diamonds Limited
Dimexon Diamonds has one previous CIN (Corporate Identification Number): U36912MH1995PTC088786. The current CIN is U36912MH1995PLC088786, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36912MH1995PLC088786 | Current |
| U36912MH1995PTC088786 | Previous |
Recent Activity on Dimexon Diamonds Limited
Dimexon Diamonds Limited has 18 board changes on record since 2004: 4 appointments and 14 cessations. The latest: Pankaj Kirtilal Mehta ceased to be Director on 12 Nov 2021.
84 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dimexon Diamonds Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dimexon Diamonds Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dimexon Diamonds Limited
Dimexon Diamonds has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1877D1ZU | Maharashtra | Active | 01 Jul 2017 |
| 24AAACD1877D1Z0 | Gujarat | Active | 01 Jul 2017 |
| 33AAACD1877D1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dimexon Diamonds Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dimexon Diamonds Limited
Dimexon Diamonds is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 25 May 1995 (31+ years old) and is registered under CIN U36912MH1995PLC088786.
Dimexon Diamonds reported revenue of ₹1,626.8 Cr for FY 2022 (up 27% YoY).
Dimexon Diamonds has 4 current directors:
- Rajiv Pankaj Mehta - Whole-Time Director
- Natarajan Baskaran - Director
- Vishal Pankaj Mehta - Director
- Minal Shail Shah - Director
Dimexon Diamonds reported a net profit of ₹2.74 Cr (net margin 0.2%) and EBITDA of ₹33.63 Cr (EBITDA margin 2.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dimexon Diamonds is 10% over three years. In the latest year (FY 2022) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dimexon Diamonds is 27AAACD1877D1ZU, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AAACD1877D1Z0 (Gujarat), 33AAACD1877D1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of Dimexon Diamonds is U36912MH1995PLC088786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dimexon Diamonds has 37 court cases on record: 31 filed by the company and 6 filed against it. 6 are pending. Most are in the high courts.
Dimexon Diamonds was incorporated on 25 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Dimexon Diamonds has 9 deals on record (7 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹85.35 Cr; the latest was in December 2019.
Pankaj Kirtilal Mehta ceased to be Director on 12 Nov 2021. Sudhir Kanaiyalal Mehta ceased to be Director on 12 Nov 2021. Natarajan Baskaran ceased to be Director on 31 Jul 2020. Dimexon Diamonds has 18 board changes on record in total.