About Finestar Diamonds Private Limited
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Finestar Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 06 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2008PTC178559. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashok Kumar Mithmal Bora and Vinod Kumar Santok Jain.
Its last annual general meeting (AGM) was held on 30 August 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 ₹14.45 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.87 Lakh (net margin 68.3%) and EBITDA of ₹13.46 Lakh (EBITDA margin 93.1%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three 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 finestardiamonds.com.
Company details
Contact details
Finestar Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is finestardiamonds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 Floor – 4th 57A Nagindas Mansion Jagannath Shankarsheth Marg Opera House, Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Finestar 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
Financials of Finestar Diamonds Private Limited
FY 2025 filings availableFinestar Diamonds Private Limited reported revenue of ₹14.45 Lakh (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 9% 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 | ₹13.46 Lakh | ||||
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| Net Profit (PAT) | ₹9.87 Lakh | ||||
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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 | 93.1% | ||||
| Net Profit Margin | 68.3% | ||||
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To see the full financial statements and ratios of Finestar Diamonds Private Limited, buy the company report.
Board of directors of Finestar Diamonds Private Limited
Finestar Diamonds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Mithmal Bora | Director | 07 Oct 2019 | 7 Years 0 Months | Current |
| Vinod Kumar Santok Jain Also directs: Fine Heights LLP, Shree Laxmi Motors Limited, Gaurav Jewels Export Private Limited and 1 more | Director | 06 Feb 2008 | 18 Years 8 Months | Current |
Auditor
Finestar Diamonds Private Limited is audited by Karnavat & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Karnavat & Co. | FY 2023 | 104863W |
Shareholding
The shareholding of Finestar 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 Finestar Diamonds Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finestar 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 Finestar Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finestar Diamonds has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Finestar Diamonds Private Limited, buy the company report.
Recent activity
Finestar Diamonds Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Ashok Kumar Mithmal Bora ceased to be Additional Director on 10 Dec 2020.
Frequently asked questions
Finestar Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 06 February 2008 (18+ years old) and is registered under CIN U74994MH2008PTC178559.
Finestar Diamonds has 2 current directors:
- Ashok Kumar Mithmal Bora - Director
- Vinod Kumar Santok Jain - Director
The latest financial statements of Finestar Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
No. Finestar Diamonds has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Finestar Diamonds is U74994MH2008PTC178559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finestar Diamonds was incorporated on 06 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Kumar Mithmal Bora ceased to be Additional Director on 10 Dec 2020. Ashok Kumar Mithmal Bora was appointed as Director on 07 Oct 2019. Jyoti Jain ceased to be Director on 07 Oct 2019. Finestar Diamonds has 4 board changes on record in total.
Finestar Diamonds can be reached through the website finestardiamonds.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Finestar Diamonds is at 7 Floor – 4th 57A Nagindas Mansion Jagannath Shankarsheth Marg Opera House, Girgaon, Mumbai, Maharashtra, India – 400004.
Finestar Diamonds operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.