About Dirgh Diamond Private Limited
Data last updated:
Dirgh Diamond Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 29 May 2013.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36910MH2013PTC305270. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11 Cr. It is led by directors including Laxmidas Balubhai Vekariya (Managing Director) and Alpesh Keshavbhai Bambhrolia (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hw – 2092 Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2023, the company reported a revenue of ₹137.75 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 0.9%) and EBITDA of ₹5.79 Cr (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dirgh Diamond. As per MCA filings, the company has open charges of ₹93.14 Cr and satisfied charges of ₹17.83 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 2 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹20.81 Cr; the latest was in March 2017. Its 10 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Darpan Jeweltech Private Limited with revenue of ₹171.46 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 47 overdue payments to 11 micro and small suppliers.
The last known website on record is dirghdiamond.com.
CIN History of Dirgh Diamond Private Limited
Dirgh Diamond has one previous CIN (Corporate Identification Number): U36910GJ2013PTC075353. The current CIN is U36910MH2013PTC305270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36910MH2013PTC305270 | Current |
| U36910GJ2013PTC075353 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressHw – 2092 Bharat Diamond Bourse Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- 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
- One PDF report, delivered after checkout
Associated Brands with Dirgh Diamond Private Limited
Dirgh Diamond operates one associated brand: Dirgh Diamond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a contract manufacturer specializing in diamonds. | dirghdiamond.com |
Business Activity of Dirgh Diamond Private Limited
The main business activity of Dirgh Diamond is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dirgh Diamond Private Limited FY 2023 filings available
Dirgh Diamond Private Limited reported revenue of ₹137.75 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Dirgh Diamond Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 1% fall in the latest year. EBITDA fell 3% 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 Dirgh Diamond Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹137.75 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.21 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 Dirgh Diamond Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Dirgh Diamond 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.
Board of Directors of Dirgh Diamond Private Limited
Dirgh Diamond has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpesh Keshavbhai Bambhrolia | Whole-Time Director | 29 May 2013 | 13 Years 4 Months | As last reported |
| Navnitbhai Vajubhai Suhagiya | Whole-Time Director | 29 May 2013 | 13 Years 4 Months | As last reported |
| Sachin Rajendra Singhvi | Irp/Rp/Liquidator | 19 Dec 2025 | 0 Years 10 Months | As last reported |
| Laxmidas Balubhai Vekariya | Managing Director | 29 May 2013 | 13 Years 4 Months | As last reported |
Peer Comparison of Dirgh Diamond Private Limited
Dirgh Diamond Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Darpan Jeweltech Private Limited | ₹171.46 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ellisbridge, Gujarat, India |
| Aaditya Diamgold Private Limited | ₹171.43 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Gujarat, India |
| Chandra Jewels Private Limited | ₹170.71 Cr (FY 2025) | •••• | •••• | 170.0% | •••• | Mumbai, Maharashtra, India |
| Mendas Diamonds Private Limited | ₹170.51 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Dashrath Gold Art Private Limited | ₹170.07 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Rajkot, Gujarat, India |
| Maa Siddhidatri Chains Private Limited | ₹169.07 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Agra, Uttar Pradesh, India |
| Kanani Industries Limited Listed | ₹168.99 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Candere Lifestyle Jewellery Private Limited | ₹168.92 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Radium Creation Private Limited | ₹168.45 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Navi Mumbai, Maharashtra, India |
| Maitri Lab-Grown Diamonds Private Limited | ₹167.8 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Mumbai, Maharashtra, India |
| Dirgh Diamond Private Limited this company | ₹137.75 Cr (FY 2023) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Dirgh Diamond by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dirgh Diamond Private Limited
Dirgh Diamond Private Limited is audited by Sheladiya & Jyani for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sheladiya & Jyani | 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.
Ownership and Shareholding of Dirgh Diamond Private 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 Dirgh Diamond Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Mar 2022 | Others | ₹3 Cr | Open |
| 30 Dec 2021 | Bank of India | ₹1 Cr | Open |
| 24 Feb 2021 | Bank of India | ₹1.7 Cr | Open |
| 21 Nov 2017 | Others | ₹42.4 Cr | Open |
| 03 Nov 2017 | Others | ₹44 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Dirgh Diamond Private Limited
Dirgh Diamond Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹20.81 Cr; the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹10 Cr | Investors: 3 individuals |
| Mar 2015 | Funding round | ₹7.02 Cr | Investors: 3 individuals |
| Jan 2015 | Funding round | ₹3.79 Cr | Investors: 3 individuals |
Full deal history
All 3 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 Dirgh Diamond Private Limited
Dirgh Diamond Private Limited has 12 court cases on record: 2 filed by Dirgh Diamond, 10 filed against it. 2 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Union Bank of India Limited | Disposed |
| District court, SURAT, Gujarat | Court case (CR EN) | Filed against the company by Shri S. S. Shah, Government Labour Officer and Gratuity Payment Inspector, Surat | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Union Bank of India Opera House Mumbai Branch | Disposed |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Piramal Capital and Housing Finance Ltd | Disposed |
Full case history
All 12 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 Dirgh Diamond Private Limited
Dirgh Diamond Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 47 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Blue Star Diamonds Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Meet Gems | •••• | •••• | •••• |
| Laxmi Diamond Private Limited | •••• | •••• | •••• |
| Komal Exports | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 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 Dirgh Diamond Private Limited
Dirgh Diamond Private Limited has a workforce of 5 employees as of Apr 05, 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.
Recent Activity on Dirgh Diamond Private Limited
Dirgh Diamond Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Sachin Rajendra Singhvi was appointed as Irp/Rp/Liquidator on 19 Dec 2025.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dirgh Diamond Private 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 Dirgh Diamond Private 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 Dirgh Diamond Private Limited
Dirgh Diamond has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Dirgh Diamond Private 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 Dirgh Diamond Private Limited
Dirgh Diamond is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Dirgh Diamond is a company under insolvency, formerly operating as a 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 29 May 2013 and is registered under CIN U36910MH2013PTC305270. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dirgh Diamond reported revenue of ₹137.75 Cr for FY 2023 (down 1% YoY).
Dirgh Diamond has 4 current directors:
- Laxmidas Balubhai Vekariya - Managing Director
- Alpesh Keshavbhai Bambhrolia - Whole-Time Director
- Navnitbhai Vajubhai Suhagiya - Whole-Time Director
- Sachin Rajendra Singhvi - Irp/Rp/Liquidator
Dirgh Diamond reported a net profit of ₹1.21 Cr (net margin 0.9%) and EBITDA of ₹5.79 Cr (EBITDA margin 4.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dirgh Diamond is -21% over three years and -18% over five years. In the latest year (FY 2023) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Dirgh Diamond is U36910MH2013PTC305270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dirgh Diamond has open charges of ₹93.14 Cr and satisfied charges of ₹17.83 Cr as per latest MCA filings.
Dirgh Diamond has 12 court cases on record: 2 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Dirgh Diamond was incorporated on 29 May 2013. It is registered with the Registrar of Companies, Mumbai.
Dirgh Diamond has 3 deals on record (3 funding rounds), with disclosed funding of ₹20.81 Cr; the latest was in March 2017.
The peers of Dirgh Diamond by revenue are Darpan Jeweltech Private Limited, Aaditya Diamgold Private Limited, Chandra Jewels Private Limited, Mendas Diamonds Private Limited, Dashrath Gold Art Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).