Garvit Diamonds Private Limited
About Garvit Diamonds Private Limited
Data last updated:
Garvit Diamonds Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2010PTC061708. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rohit Kumar Bhandari and Amit Tarachand Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No. 202 2nd Floor Veer Park Apt Ghanchi Sheri Taratiya Hanuman Haripura, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.86 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹2.44 Lakh (net margin 0.1%) and EBITDA of ₹7.47 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 8% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Garvit Diamonds Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. 202 2nd Floor Veer Park Apt Ghanchi Sheri Taratiya Hanuman Haripura, Surat, Gujarat, India – 395003
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Garvit 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 activities of Garvit Diamonds are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Garvit Diamonds Private Limited, buy the company report.
Financials of Garvit Diamonds Private Limited
FY 2025 filings availableGarvit Diamonds Private Limited reported revenue of ₹20.86 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 69% fall in the latest year. EBITDA rose 311% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Garvit Diamonds Private Limited, buy the company report.
Board of directors of Garvit Diamonds Private Limited
Garvit Diamonds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kumar Bhandari Also directs: Namo Diamonds Private Limited, Mangal Murti Impex Private Limited | Director | 22 Jul 2010 | 16 Years 3 Months | Current |
| Amit Tarachand Jain | Director | 22 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Garvit Diamonds Private Limited is audited by K A M B & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A M B & ASSOCIATES | FY 2020 | 029623N |
Shareholding
The shareholding of Garvit Diamonds Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Garvit Diamonds Private Limited, buy the company report.
Legal cases
Garvit Diamonds Private Limited has 5 court cases on record: 4 filed by Garvit Diamonds, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Income Tax Officer and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Income Tax Officer, Ward 1( and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Income Tax Officer | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against The State of Maharashtra Th Eow Unit 1 | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against The State of Maharashtra Th Eow Unit I | Disposed |
To see the full case history of Garvit 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 Garvit Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garvit Diamonds has 2 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 Garvit Diamonds Private Limited, buy the company report.
Recent activity
Garvit Diamonds Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Amit Tarachand Jain was appointed as Director on 22 Jul 2010.
Frequently asked questions
Garvit Diamonds is an active private limited company based in Surat, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 July 2010 (16+ years old) and is registered under CIN U36912GJ2010PTC061708.
Garvit Diamonds has 2 current directors:
- Rohit Kumar Bhandari - Director
- Amit Tarachand Jain - Director
The latest financial statements of Garvit Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Garvit Diamonds has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Garvit Diamonds is U36912GJ2010PTC061708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garvit Diamonds has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Garvit Diamonds was incorporated on 22 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amit Tarachand Jain was appointed as Director on 22 Jul 2010. Rohit Kumar Bhandari was appointed as Director on 22 Jul 2010.
The registered office of Garvit Diamonds is at Room No. 202 2nd Floor Veer Park Apt Ghanchi Sheri Taratiya Hanuman Haripura, Surat, Gujarat, India – 395003.
Garvit Diamonds operates in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
