- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0063959

Gaba Diamond Private Limited
About Gaba Diamond Private Limited
Data last updated:
Gaba Diamond Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 10 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14291GJ2012PTC071901. Its GSTIN is 24AAECG8830H1ZM (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Krunal Jayantibhai Gabani (Whole-Time Director) and Vipesh Khadela Devjibhai (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹28.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹36.91 Lakh (net margin -1.3%) and EBITDA of -₹4.95 Lakh (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1.57 Cr and satisfied charges of ₹8.4 Cr on record.
Gaba Diamond Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0063959). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Gaba Diamond
Contact details
Gaba Diamond Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 Sagar Industrial Estate Shubh Diamond Nr. Community Hall Katar, Gam, Surat, Gujarat, India – 395004
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Gaba Diamond 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 Gaba Diamond is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Gaba Diamond Private Limited, buy the company report.
Financials of Gaba Diamond Private Limited
FY 2022 filings availableGaba Diamond Private Limited reported revenue of ₹28.98 Cr (up 336% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 336% growth in the latest year. EBITDA fell 109% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹4.95 Lakh | ||||
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| Net Profit (PAT) | -₹36.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -1.3% | ||||
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To see the full financial statements and ratios of Gaba Diamond Private Limited, buy the company report.
Board of directors of Gaba Diamond Private Limited
Gaba Diamond has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krunal Jayantibhai Gabani Also directs: Gaba Care Private Limited | Whole-Time Director | 10 Sep 2012 | 14 Years 1 Months | Current |
| Gabani Kalpesh Jayantilal Also directs: Gaba Care Private Limited | Director | 10 Sep 2012 | 14 Years 1 Months | Current |
| Vipesh Khadela Devjibhai Also directs: Gaba Care Private Limited | Whole-Time Director | 08 Mar 2013 | 13 Years 7 Months | Current |
| Bhaveshkumar Jayantibhai Gabani Also directs: Gaba Care Private Limited, Growmatrix Diamonds LLP | Whole-Time Director | 08 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Gaba Diamond Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indo American Jewellery Limited | ₹29.43 Cr (FY 2024) | 17.0% | Borivlai East, Maharashtra, India | |||
| My Pride Jewels Private Limited | ₹29.31 Cr (FY 2025) | 154.0% | Delhi, India | |||
| Gaba Diamond Private Limitedthis company | ₹28.98 Cr (FY 2022) | -₹36.91 Lakh | -1.3% | 336.0% | Surat, Gujarat, India | |
| Savitri Gems & Jewellery Private Limited | ₹28.97 Cr (FY 2024) | 35.0% | Kolkata, West Bengal, India | |||
| Techkonark Private Limited | ₹28.83 Cr (FY 2025) | 1001.0% | Surat, Gujarat, India | |||
| Shri Saikripa Precious Metals Private Limited | ₹28.81 Cr (FY 2023) | -15.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Gaba Diamond Private Limited, buy the company report.
Auditor
Gaba Diamond Private Limited is audited by S.R.SOMANI & CO. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.SOMANI & CO. | FY 2021 | 110367W |
Shareholding
The shareholding of Gaba Diamond Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gaba Diamond Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100991986 | Others | ₹1.57 Cr | Open | |
| 06 Jun 2020 | 100349102 | State Bank of India | ₹1.3 Cr | Satisfied | |
| 07 Oct 2014 | 10525880 | Karnataka Bank Ltd. | ₹2 Cr | Satisfied | |
| 01 Oct 2014 | 10527424 | Karnataka Bank Ltd. | ₹5.1 Cr | Satisfied |
To see the full charge records of Gaba Diamond Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Gaba Diamond 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 Gaba Diamond Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gaba Diamond has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gaba Care Private Limited | U24100GJ2014PTC080184 |
To see the full group structure of Gaba Diamond Private Limited, buy the company report.
GST
Gaba Diamond has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG8830H1ZM | Gujarat | Active | 01 Jul 2017 |
| 27AAECG8830H1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gaba Diamond Private Limited, buy the company report.
Recent activity
Gaba Diamond Private Limited has 7 board changes on record since 2012: 4 appointments and 3 cessations. The latest: Bhaveshkumar Jayantibhai Gabani ceased to be Director on 29 Apr 2014.
6 earlier events are in the company report.
Frequently asked questions
Gaba Diamond is an active private limited company based in Surat, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 10 September 2012 (14+ years old) and is registered under CIN U14291GJ2012PTC071901.
Gaba Diamond has 4 current directors:
- Krunal Jayantibhai Gabani - Whole-Time Director
- Vipesh Khadela Devjibhai - Whole-Time Director
- Bhaveshkumar Jayantibhai Gabani - Whole-Time Director
- Gabani Kalpesh Jayantilal - Director
The latest financial statements of Gaba Diamond on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Gaba Diamond is 24AAECG8830H1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECG8830H1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Gaba Diamond is U14291GJ2012PTC071901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaba Diamond was incorporated on 10 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gaba Diamond by revenue are Indo American Jewellery Limited, My Pride Jewels Private Limited, Savitri Gems & Jewellery Private Limited, Techkonark Private Limited, Shri Saikripa Precious Metals Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Bhaveshkumar Jayantibhai Gabani ceased to be Director on 29 Apr 2014. Krunal Jayantibhai Gabani ceased to be Director on 29 Apr 2014. Vipesh Khadela Devjibhai ceased to be Director on 29 Apr 2014. Gaba Diamond has 7 board changes on record in total.
Yes, Gaba Diamond is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0063959).
The registered office of Gaba Diamond is at 101 Sagar Industrial Estate Shubh Diamond Nr. Community Hall Katar, Gam, Surat, Gujarat, India – 395004.
Gaba Diamond operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

