Firstrate Diamonds Private Limited
About Firstrate Diamonds Private Limited
Data last updated:
Firstrate Diamonds Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 16 November 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH1988PTC049629.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors Dharmendra Shambhubhai Ruparelia and Mahadevan Raghupathy.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Su – Raj House 73 – Cross Road MIDC. Marol Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2016, the company reported a revenue of ₹19,442, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹27,210 (net margin -140%) and EBITDA of -₹27,210 (EBITDA margin -140%).
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Firstrate Diamonds Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressSu – Raj House 73 – Cross Road MIDC. Marol Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryTrading, Wholesale, Other Wholesale
- 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 Firstrate Diamonds is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Firstrate Diamonds Private Limited
FY 2016 filings availableFirstrate Diamonds Private Limited reported revenue of ₹19,442 (down 65% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year. EBITDA rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹27,210 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹27,210 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -140% | |
| Net Profit Margin | -140% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Firstrate Diamonds Private Limited, buy the company report.
Board of directors of Firstrate Diamonds Private Limited
Firstrate Diamonds has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendra Shambhubhai Ruparelia | Director | 30 Jul 2016 | 10 Years 2 Months | As last reported |
| Mahadevan Raghupathy | Director | 08 Oct 2012 | 14 Years 0 Months | As last reported |
Peer comparison
Firstrate Diamonds Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| South India Mart Private Limited | ₹19,500 (FY 2016) | Guntur, Andhra Pradesh, India | ||||
| Pracam Pharmaceuticals Private Limited | ₹19,500 (FY 2022) | 18.0% | Bhuiphore, Jharkhand, India | |||
| Raj Medipharma (OPC) Private Limited | ₹19,499 (FY 2020) | Delhi, India | ||||
| Viant Organics Private Limited | ₹19,464 (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Oriana Foods Private Limited | ₹19,450 (FY 2025) | -94.0% | Mumbai, Maharashtra, India | |||
| Firstrate Diamonds Private Limitedthis company | ₹19,442 (FY 2016) | -₹27,210 | -140% | -65.0% | Mumbai, Maharashtra, India | |
| SDR Core Pipes Private Limited | ₹19,432 (FY 2025) | -97.0% | Uttar Pradesh, India | |||
| Paridhey Industries Private Limited | ₹19,421 (FY 2023) | Bengaluru, Karnataka, India | ||||
| BNG Tradelinks Private Limited | ₹19,408 (FY 2016) | -90.0% | Delhi, India | |||
| Yadavendra Agro Venture Private Limited | ₹19,400 (FY 2023) | 762.0% | Kolkata, West Bengal, India | |||
| Gilaris Trademart Private Limited | ₹19,400 (FY 2019) | -88.0% | Nagaur, Rajasthan, India |
To see the full peer comparison of Firstrate Diamonds Private Limited, buy the company report.
Legal cases
Firstrate Diamonds Private Limited has 2 court cases on record: 2 filed by Firstrate Diamonds. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Firstrate Diamonds Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Firstrate 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 Firstrate Diamonds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Firstrate Diamonds Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Dharmendra Shambhubhai Ruparelia ceased to be Additional Director on 28 Sep 2016.
Frequently asked questions
Firstrate Diamonds has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Firstrate Diamonds was a private limited company based in Mumbai, Maharashtra, India. The company worked in wholesale, within the trading industry. It was incorporated on 16 November 1988 and is registered under CIN U36911MH1988PTC049629. The company has been struck off by the Registrar of Companies and is no longer operational.
Firstrate Diamonds had 2 directors:
- Dharmendra Shambhubhai Ruparelia - Director
- Mahadevan Raghupathy - Director
The CIN (Corporate Identification Number) of Firstrate Diamonds is U36911MH1988PTC049629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Firstrate Diamonds is at Su – Raj House 73 – Cross Road MIDC. Marol Andheri East, Mumbai, Maharashtra, India – 400093.
Firstrate Diamonds was incorporated on 16 November 1988. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Firstrate Diamonds on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
Firstrate Diamonds operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Firstrate Diamonds by revenue are South India Mart Private Limited, Pracam Pharmaceuticals Private Limited, Raj Medipharma (OPC) Private Limited, Viant Organics Private Limited, Oriana Foods Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Firstrate Diamonds has 2 court cases on record: 2 filed by the company.
Dharmendra Shambhubhai Ruparelia ceased to be Additional Director on 28 Sep 2016. Dharmendra Shambhubhai Ruparelia was appointed as Director on 30 Jul 2016. Jitendra Tiwari ceased to be Director on 01 Jul 2016. Firstrate Diamonds has 8 board changes on record in total.