Flawless Diamond (India) Limited
About Flawless Diamond (India) Limited
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Flawless Diamond (India) Limited is a public 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 02 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L36911MH1989PLC051577. The company has 4 GST registrations on record, none of which is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.68 Cr. It is led by directors including Bhawar Uttamchand Jain (Managing Director) and Ashok Ratanshi Chheda.
Its last annual general meeting (AGM) was held on 23 August 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at 136 Panchratna M. P. Road Opera House, Mumbai, Maharashtra, India – 400004.
As per MCA filings, the company has open charges of ₹181 Cr on record. Court records list 17 cases involving the company, including 2 filed by the company and 15 filed against it. The company has 14 deals on record (13 market trades, 1 funding round), with disclosed funding of ₹5.23 Cr; the latest was in March 2010.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Flawless Diamond (India) has one previous CIN (Corporate Identification Number): U36911MH1989PLC051577. The current CIN is L36911MH1989PLC051577, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36911MH1989PLC051577 | Current |
| U36911MH1989PLC051577 | Previous |
Contact details
Flawless Diamond (India) Limited's registered office is in Mumbai, Maharashtra.
- Registered Address136 Panchratna M. P. Road Opera House, Mumbai, Maharashtra, India – 400004
- 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
Financials of Flawless Diamond (India) Limited
FY 2013 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Flawless Diamond (India) Limited, buy the company report.
Board of directors of Flawless Diamond (India) Limited
Flawless Diamond (India) has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Ratanshi Chheda | Director | 06 Dec 2010 | 15 Years 11 Months | Current |
| Bhawar Uttamchand Jain Also directs: Fifth Avenue Gems Private Limited | Managing Director | 26 Sep 1990 | 36 Years 1 Months | Current |
| Kamal Uttamchand Jain Also directs: Jalak Impex Private Limited | Director | 02 May 1989 | 37 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2008 | 10099421 | The Bank of Rajasthan Limited | ₹67 Cr | Open | |
| 07 Mar 2008 | 10099920 | The Bank of Rajasthan Limited | ₹67 Cr | Open | |
| 05 Nov 1993 | 90224453 | The Bank of Rajasthan Limited | ₹47 Cr | Open |
To see the full charge records of Flawless Diamond (India) Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Flawless Diamond (India) Limited has 14 deals on record (13 market trades, 1 funding round), with disclosed funding of ₹5.23 Cr; the latest was in March 2010.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Market trade | ₹1.8 Cr | Buyer: 4 individuals Seller: 2 individuals |
| Dec 2009 | Market trade | ₹15.6 Lakh | Seller: 4 individuals |
| Apr 2007 | Market trade | ₹45.8 Lakh | Seller: Akansha Holdings Pvt Ltd |
| Apr 2007 | Funding round | ₹5.23 Cr | Investors: Brand Capital |
| Jan 2007 | Market trade | ₹20.8 Lakh | Buyer: Keval Share Broking Private Limited Seller: Keval Share Broking Private Limited |
To see the full deal history of Flawless Diamond (India) Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flawless Diamond (India) Limited has 17 court cases on record: 2 filed by Flawless Diamond (India), 15 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 10 | 0 |
| District courts | 5 | 5 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Icici Bank Ltd | Disposed |
| Bombay High Court | Court case (CNPCP) | Filed against the company by Icici Bank Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against Icici Bank Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Punjab and Sind Bank | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Punjab and Sind Bank, Through Its Chief Manager S. H. Patel | Disposed |
To see the full case history of Flawless Diamond (India) 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 Flawless Diamond (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flawless Diamond (India) has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Flawless Diamond (India) Limited, buy the company report.
Recent activity
Flawless Diamond (India) Limited has 17 board changes on record since 1989: 10 appointments and 7 cessations. The latest: Rajiv Prafulbhai Kamdar ceased to be Additional Director on 13 Jun 2019.
14 earlier events are in the company report.
Frequently asked questions
Flawless Diamond (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 02 May 1989 (37+ years old) and is registered under CIN L36911MH1989PLC051577.
Flawless Diamond (India) has 3 current directors:
- Bhawar Uttamchand Jain - Managing Director
- Ashok Ratanshi Chheda - Director
- Kamal Uttamchand Jain - Director
The latest financial statements of Flawless Diamond (India) on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 23 August 2013. Year-wise statements from 2015 are in the company report.
No. Flawless Diamond (India) has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Flawless Diamond (India) is L36911MH1989PLC051577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flawless Diamond (India) is recorded as a listed company by MCA, but its shares were delisted from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Flawless Diamond (India) has 17 court cases on record: 2 filed by the company and 15 filed against it. Most are in the high courts.
Flawless Diamond (India) was incorporated on 02 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Flawless Diamond (India) has 14 deals on record (13 market trades, 1 funding round), with disclosed funding of ₹5.23 Cr; the latest was in March 2010.
Rajiv Prafulbhai Kamdar ceased to be Additional Director on 13 Jun 2019. Deepak Kantilal Parekh ceased to be Director on 18 May 2019. Gautam Tarun Benerjee ceased to be Additional Director on 12 Dec 2011. Flawless Diamond (India) has 17 board changes on record in total.
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