Firelab Diamonds Private Limited
About Firelab Diamonds Private Limited
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Firelab Diamonds 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 30 December 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32111MH2023PTC416448.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.5 Cr. It is led by directors including Aayush Nirav Bhansali and Adit Nirav Bhansali.
Its last annual general meeting (AGM) was held on 23 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 ₹2.07 Cr. For the same year it recorded a net loss of ₹81.53 Lakh (net margin -39.4%) and EBITDA of -₹92.13 Lakh (EBITDA margin -44.5%).
The company is associated with 1 brand: Firefly Diamonds. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹25.73 Cr; the latest was in March 2025. 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 Studio Etheno Lifestyle and Technology Private Limited with revenue of ₹2.1 Cr.
Company details
Contact details
Firelab Diamonds Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressGw 3020 G Block Bharat, Diamond Bourse BKC, 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
Brands
Firelab Diamonds operates one associated brand: Firefly Diamonds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online brand of lab-grown diamond jewelry | fireflydiamonds.com |
Financials of Firelab Diamonds Private Limited
FY 2025 filings availableFirelab Diamonds Private Limited reported revenue of ₹2.07 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | -₹92.13 Lakh | |
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| Net Profit (PAT) | -₹81.53 Lakh | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -44.5% | |
| Net Profit Margin | -39.4% | |
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To see the full financial statements and ratios of Firelab Diamonds Private Limited, buy the company report.
Board of directors of Firelab Diamonds Private Limited
Firelab Diamonds has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aayush Nirav Bhansali Also directs: Prism Enterprises Private Limited | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
| Adit Nirav Bhansali Also directs: Prism Enterprises Private Limited | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
| Reshma Nirav Bhansali Also directs: Prism Enterprises Private Limited, Fuel Lifestyle LLP | Individual Subscriber | 30 Dec 2023 | 2 Years 9 Months | Current |
| Nirav Bhansali Jitendra Also directs: Prism Enterprises Private Limited | Director | 30 Dec 2023 | 2 Years 9 Months | Current |
Peer comparison
Firelab Diamonds Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Studio Etheno Lifestyle and Technology Private Limited | ₹2.1 Cr (FY 2023) | 8.0% | Ahmedabad, Gujarat, India | |||
| Srivari Precision Private Limited | ₹2.09 Cr (FY 2024) | -11.0% | Bangalore, Karnataka, India | |||
| Ramkrishna Goldi Private Limited | ₹2.09 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Raabta Jewels Private Limited | ₹2.08 Cr (FY 2025) | 25.0% | Delhi, India | |||
| Hariyani Enterprise Private Limited | ₹2.08 Cr (FY 2024) | -19.0% | Bhavnagar, Gujarat, India | |||
| Firelab Diamonds Private Limitedthis company | ₹2.07 Cr (FY 2025) | -₹81.53 Lakh | -39.4% | Mumbai, Maharashtra, India | ||
| Kshethra Industries Private Limited | ₹2.07 Cr (FY 2024) | -87.0% | Thrissur, Kerala, India | |||
| Jetech Ventures Private Limited | ₹2.07 Cr (FY 2024) | Rajkot, Gujarat, India | ||||
| BBC Enterprises Private Limited | ₹2.06 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Navrabeads Online Shopping Private Limited | ₹2.05 Cr (FY 2024) | 45.0% | Chennai, Tamil Nadu, India | |||
| Radha Govind Jewelarts Private Limited | ₹2.04 Cr (FY 2025) | -9.0% | Meerut, Uttar Pradesh, India |
To see the full peer comparison of Firelab Diamonds Private Limited, buy the company report.
Deals & funding
Firelab Diamonds Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹25.73 Cr; the latest was in March 2025.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round · Seed | ₹25.73 Cr | Investors: Westbridge Capital Partners |
| Feb 2025 | Rights issue | ₹14.3 Lakh | Investors: 4 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 Firelab 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 Firelab Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Firelab Diamonds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Firelab Diamonds Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Aayush Nirav Bhansali was appointed as Director on 30 Dec 2023.
Frequently asked questions
Firelab 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 30 December 2023 (3+ years old) and is registered under CIN U32111MH2023PTC416448.
Firelab Diamonds has 4 current directors:
- Aayush Nirav Bhansali - Director
- Adit Nirav Bhansali - Director
- Nirav Bhansali Jitendra - Director
- Reshma Nirav Bhansali - Individual Subscriber
The latest financial statements of Firelab Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Firelab Diamonds is U32111MH2023PTC416448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firelab Diamonds was incorporated on 30 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Firelab Diamonds has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹25.73 Cr; the latest was in March 2025.
The peers of Firelab Diamonds by revenue are Studio Etheno Lifestyle and Technology Private Limited, Srivari Precision Private Limited, Ramkrishna Goldi Private Limited, Raabta Jewels Private Limited, Hariyani Enterprise Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Aayush Nirav Bhansali was appointed as Director on 30 Dec 2023. Adit Nirav Bhansali was appointed as Director on 30 Dec 2023. Nirav Bhansali Jitendra was appointed as Director on 30 Dec 2023. Firelab Diamonds has 4 board changes on record in total.
The registered office of Firelab Diamonds is at Gw 3020 G Block Bharat, Diamond Bourse BKC, Mumbai, Maharashtra, India – 400051.
Firelab Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Firelab Diamonds has 1 associated brand: Firefly Diamonds.