Evermine Diamond Private Limited
About Evermine Diamond Private Limited
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Evermine Diamond 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 18 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2021PTC357322. Its GSTIN is 272100000394AR0 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Bhavin Bhikhabhai Gopani and Ashish Babubhai Lakhani.
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 ₹826.38 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹16.34 Cr (net margin 2%) and EBITDA of ₹45.78 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company has about 274 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹197 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in March 2023. Its 6 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 3 smaller; the largest is R. D. Karel Jewellers Private Limited with revenue of ₹891.83 Cr.
Company details
Contact details
Evermine Diamond Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 4 Laxmi Tower B, 2nd Floor Plot No. C/25 G – Block Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Evermine Diamond 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 Evermine Diamond 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 Evermine Diamond Private Limited, buy the company report.
Financials of Evermine Diamond Private Limited
FY 2025 filings availableEvermine Diamond Private Limited reported revenue of ₹826.38 Cr (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 37% 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 | ₹45.78 Cr | ||||
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| Net Profit (PAT) | ₹16.34 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 | 5.5% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Evermine Diamond Private Limited, buy the company report.
Board of directors of Evermine Diamond Private Limited
Evermine Diamond 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 |
|---|---|---|---|---|
| Bhavin Bhikhabhai Gopani Also directs: Cygni Textile LLP | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
| Ashish Babubhai Lakhani | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Evermine Diamond Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R. D. Karel Jewellers Private Limited | ₹891.83 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Tara Jewels Limited | ₹845.17 Cr (FY 2018) | -46.0% | Mumbai, Maharashtra, India | |||
| SK Jewellers Private Limited | ₹844.38 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Evermine Diamond Private Limitedthis company | ₹826.38 Cr (FY 2025) | ₹16.34 Cr | 2% | -81.0% | 274 | Mumbai, Maharashtra, India |
| J. B. and Brothers Private Limited | ₹814.26 Cr (FY 2025) | -70.0% | Mumbai, Maharashtra, India | |||
| Msjpl Jewellery Private Limited | ₹813.76 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Indigo Jewellery (India) Mfg. Private Limited | ₹807.2 Cr (FY 2022) | 65.0% | Surat, Gujarat, India |
To see the full peer comparison of Evermine Diamond Private Limited, buy the company report.
Auditor
Evermine Diamond Private Limited is audited by RAMESH RAJNI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH RAJNI & CO LLP | FY 2023 | W-100232/108568W |
Shareholding
The shareholding of Evermine Diamond Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Evermine Diamond Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2024 | 100928975 | Others | ₹22 Cr | Open | |
| 24 Mar 2023 | 100691674 | Others | ₹175 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Evermine Diamond Private Limited has 1 deal on record (1 rights issue); the latest was in March 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹4.99 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Evermine Diamond 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 Evermine Diamond Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evermine Diamond Private Limited has a workforce of 274 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
GST
Evermine Diamond has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 272100000394AR0 | Maharashtra | Active | 03 Apr 2021 |
| 27AAGCE3836P1Z3 | Maharashtra | Active | 03 Apr 2021 |
To see the full GST registrations and return filing status of Evermine Diamond Private Limited, buy the company report.
Recent activity
Evermine Diamond Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Ashish Babubhai Lakhani was appointed as Additional Director on 20 Dec 2025.
Frequently asked questions
Evermine Diamond 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 18 March 2021 (5+ years old) and is registered under CIN U36999MH2021PTC357322.
Evermine Diamond has 2 current directors:
- Bhavin Bhikhabhai Gopani - Additional Director
- Ashish Babubhai Lakhani - Additional Director
The latest financial statements of Evermine Diamond 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 2021 are in the company report.
The GSTIN of Evermine Diamond is 272100000394AR0, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCE3836P1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Evermine Diamond is U36999MH2021PTC357322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evermine Diamond was incorporated on 18 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Evermine Diamond has 1 deal on record (1 rights issue); the latest was in March 2023.
The peers of Evermine Diamond by revenue are R. D. Karel Jewellers Private Limited, Tara Jewels Limited, SK Jewellers Private Limited, J. B. and Brothers Private Limited, Msjpl Jewellery Private Limited and 1 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Ashish Babubhai Lakhani was appointed as Additional Director on 20 Dec 2025. Bhavin Bhikhabhai Gopani was appointed as Additional Director on 20 Dec 2025. Gita Mukesh Shah ceased to be Director on 12 Nov 2024. Evermine Diamond has 6 board changes on record in total.
The registered office of Evermine Diamond is at Office No. 4 Laxmi Tower B, 2nd Floor Plot No. C25 G – Block Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051.
Evermine Diamond operates in the consumer goods industry, in the watches and jewelry manufacturing segment.