About Forevermark Diamonds Private Limited
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Forevermark Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Forevermark Limited. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 06 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH2008PTC183268.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.59 Cr. It is led by directors including Sachin Jain (Managing Director) and Kishore Arun Vora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹87.23 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 1.9%) and EBITDA of ₹2.68 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
As per MCA filings, the company has open charges of ₹2.85 Cr on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹14.29 Cr; the latest was in August 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forevermark.com.
Company details
Contact details
Forevermark Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is forevermark.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressTcg Financial Centre 6th Floor C – 53 G Block Bandra Kurla Complex Bandra (, East), Mumbai, Maharashtra, India – 400098
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Forevermark 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
Business activity
The main business activity of Forevermark Diamonds is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Forevermark Diamonds Private Limited, buy the company report.
Financials of Forevermark Diamonds Private Limited
FY 2019 filings availableForevermark Diamonds Private Limited reported revenue of ₹87.23 Cr (up 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 10% growth in the latest year. EBITDA rose 75% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹87.23 Cr | ||||
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| EBITDA | ₹2.68 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Forevermark Diamonds Private Limited, buy the company report.
Board of directors of Forevermark Diamonds Private Limited
Forevermark Diamonds has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Graham Giles | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Sachin Jain | Managing Director | 01 Oct 2011 | 15 Years 0 Months | Current |
| Kishore Arun Vora | Whole-Time Director | 04 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Forevermark Diamonds Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2019 | 117366W/W100018 |
Shareholding
The shareholding of Forevermark Diamonds Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Forevermark Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2019 | 100259008 | Standard Chartered Bank | ₹2.85 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Forevermark Diamonds Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹14.29 Cr; the latest was in August 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Funding round | ₹13 Cr | Investors: Forevermark Limited |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: Forevermark Limited Seller: De Beers Uk Limited |
| Mar 2009 | Funding round | ₹1.29 Cr | Investors: De Beers Uk Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: De Beers Uk Limited Seller: an individual |
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 Forevermark 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 Forevermark 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 Forevermark Diamonds Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forevermark Diamonds Private Limited has 16 board changes on record since 2008: 3 appointments and 13 cessations. The latest: Kishore Arun Vora ceased to be Additional Director on 30 Sep 2019.
8 earlier events are in the company report.
News
Frequently asked questions
Forevermark Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 06 June 2008 (18+ years old) and is registered under CIN U36912MH2008PTC183268.
Forevermark Diamonds has 3 current directors:
- Sachin Jain - Managing Director
- Kishore Arun Vora - Whole-Time Director
- Richard Graham Giles - Director
The latest financial statements of Forevermark Diamonds on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Forevermark Diamonds is U36912MH2008PTC183268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forevermark Diamonds was incorporated on 06 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Forevermark Diamonds has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹14.29 Cr; the latest was in August 2018.
Kishore Arun Vora ceased to be Additional Director on 30 Sep 2019. Percy Jal Dajee ceased to be Director on 30 Mar 2019. Rajiv Bhandari ceased to be Director on 30 Mar 2019. Forevermark Diamonds has 16 board changes on record in total.
Forevermark Diamonds can be reached through the website forevermark.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Forevermark Diamonds is at Tcg Financial Centre 6th Floor C – 53 G Block Bandra Kurla Complex Bandra , East, Mumbai, Maharashtra, India – 400098.
Forevermark Diamonds operates in the media and publishing industry, in the advertising agencies and media services segment.