- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0014804

About Euro Diamonds Private Limited
Data last updated:
Euro Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rajesh Flour Mills Private Limited. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 09 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2003PTC140381. Its GSTIN is 27AABCE1722F1Z4 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.24 Lakh. It is led by directors including Manish Bhanwarlal Jain and Sushil Kumar Duggar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gala No 704 Block Iiseepz SEZ MIDC Andheri (East), Mumbai, Maharashtra, India – 400096.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.4 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 2.5%) and EBITDA of ₹1.96 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 48% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.63 Cr and satisfied charges of ₹3.5 Cr on record.
Euro Diamonds Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eurodiamonds.net.
Company details
Recognitions & Rankings of Euro Diamonds
Contact details
Euro Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is eurodiamonds.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No 704 Block Iiseepz SEZ MIDC Andheri (East), Mumbai, Maharashtra, India – 400096
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Euro 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 Euro Diamonds is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Euro Diamonds Private Limited, buy the company report.
Financials of Euro Diamonds Private Limited
FY 2024 filings availableEuro Diamonds Private Limited reported revenue of ₹47.4 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 29% growth in the latest year. EBITDA rose 54% 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 | ₹1.96 Cr | ||||
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| Net Profit (PAT) | ₹1.2 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 | 4.1% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Euro Diamonds Private Limited, buy the company report.
Board of directors of Euro Diamonds Private Limited
Euro Diamonds has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Bhanwarlal Jain Also directs: Ratan Shanti Properties LLP, Ratan Granites LLP, Manish Grains Private Limited and 5 more | Director | 11 Feb 2004 | 22 Years 8 Months | Current |
| Sushil Kumar Duggar Also directs: Manish Grains Private Limited, Rajesh Flour Mills Private Limited, Diamexon Gems Private Limited and 3 more | Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Mahavir Jain Also directs: Vedartha Entertainment Limited | Director | 25 May 2011 | 15 Years 5 Months | Current |
Auditor
Euro Diamonds Private Limited is audited by SURESH ANCHALIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH ANCHALIYA & CO | FY 2023 | 112492W |
Shareholding
The shareholding of Euro Diamonds 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 Euro Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2013 | 10447452 | Others | ₹3.63 Cr | Open | |
| 09 Aug 2007 | 10064899 | State Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Euro Diamonds Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Euro Diamonds 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 Euro Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Euro Diamonds has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Euro Diamonds Private Limited has a workforce of 23 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Euro Diamonds has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE1722F1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 27AABCE1722F2Z3 | Maharashtra | Active | 22 Sep 2022 |
To see the full GST registrations and return filing status of Euro Diamonds Private Limited, buy the company report.
Recent activity
Euro Diamonds Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Sushil Kumar Duggar was appointed as Director on 26 Apr 2024.
1 earlier event is in the company report.
Frequently asked questions
Euro 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 09 May 2003 (23+ years old) and is registered under CIN U51398MH2003PTC140381.
Euro Diamonds has 3 current directors:
- Manish Bhanwarlal Jain - Director
- Sushil Kumar Duggar - Director
- Mahavir Jain - Director
The latest financial statements of Euro Diamonds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Euro Diamonds is 27AABCE1722F1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCE1722F2Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Euro Diamonds is U51398MH2003PTC140381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Euro Diamonds was incorporated on 09 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Sushil Kumar Duggar was appointed as Director on 26 Apr 2024. Rajesh Bhawarlal Jain ceased to be Director on 31 Mar 2014. Mahavir Jain was appointed as Director on 25 May 2011. Euro Diamonds has 6 board changes on record in total.
Yes, Euro Diamonds is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0014804).
Euro Diamonds can be reached through the website eurodiamonds.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Euro Diamonds is at Gala No 704 Block Iiseepz SEZ MIDC Andheri East, Mumbai, Maharashtra, India – 400096.

