About Greenlab Diamonds LLP
Data last updated:
Greenlab Diamonds LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 11 December 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAN-7081. Its GSTIN is 24AATFG3971B1ZD (Gujarat). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹25 Cr. It is led by designated partners including Jiteshbhai Manjibhai Patel and Mukeshbhai Manjibhai Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Plot No – C – 01 To C – 04 Gujarat Hira Bourse, Hajira Road, Surat, Gujarat, India – 394510.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹669.61 Cr, a decline of 1% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 116% over three years.
The LLP has about 58 employees on its provident fund (EPFO) records.
The LLP is associated with 2 brands: Hindva and Greenlab Diamonds. As per MCA filings, the LLP has open charges of ₹515.9 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.
For more details, the LLP can be reached via its website hindva.com.
Company details
Contact details
Greenlab Diamonds LLP's registered office is in Surat, Gujarat. Its website is hindva.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No – C – 01 To C – 04 Gujarat Hira Bourse, Hajira Road, Surat, Gujarat, India – 394510
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Greenlab Diamonds LLP, 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
Brands
Greenlab Diamonds operates two associated brands: Hindva and Greenlab Diamonds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified company in real estate, textiles, hospitality, education, and IT sectors. | hindva.com | |
| Production and supply of lab-grown diamonds and jewelry with a focus on sustainability. | greenlab.diamonds |
Financials of Greenlab Diamonds LLP
FY 2025 filings availableGreenlab Diamonds LLP reported revenue of ₹669.61 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 116%. 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
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Financial Ratios
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To see the full financial statements and ratios of Greenlab Diamonds LLP, buy the company report.
Designated partners of Greenlab Diamonds LLP
Greenlab Diamonds has 5 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jiteshbhai Manjibhai Patel Also directs: Matrushri Capital Management LLP, Marvelore Bio-Fuel (India) LLP, Lakshmitva Realties LLP and 4 more | Designated Partner | 01 Apr 2022 | 4 Years 6 Months | Current |
| Mukeshbhai Manjibhai Patel Also directs: Matrushri Capital Management LLP, Greenlab Diamonds Foundation, Greenlab Foundation and 2 more | Designated Partner | 01 Aug 2021 | 5 Years 2 Months | Current |
| Sanket Mukeshbhai Patel | Designated Partner | 11 Dec 2018 | 7 Years 10 Months | Current |
| Vipulbhai Manjibhai Patel | Designated Partner | 01 Apr 2024 | 2 Years 6 Months | Current |
| Smit Mukeshbhai Patel Also directs: Lakshmitva Realties LLP, Aigiri Jewels Private Limited, Greenlab Luxury Private Limited and 5 more | Designated Partner | 01 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Greenlab Diamonds LLP is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BRT Gold Private Limited | ₹692.14 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| Prince Gold and Diamonds India Private Limited | ₹687.6 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Rajendra Jewellernx Private Limited | ₹684.81 Cr (FY 2025) | 485.0% | Mumbai, Maharashtra, India | |||
| Sanghavi Exports International Private Limited | ₹683.8 Cr (FY 2016) | -41.0% | Mumbai, Maharashtra, India | |||
| Mukti Gold Private Limited | ₹671.4 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Greenlab Diamonds LLPthis company | ₹669.61 Cr (FY 2024) | -1.0% | 58 | Surat, Gujarat, India | ||
| Harshit Gold Private Limited | ₹668.98 Cr (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Goyal Traders (India) Private Limited | ₹666.43 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Miracle Gold Private Limited | ₹657.82 Cr (FY 2025) | 1414.0% | Mumbai, Maharashtra, India | |||
| SRG Exim Private Limited | ₹656.31 Cr (FY 2025) | 42.0% | Kolkata, West Bengal, India | |||
| Mawsim Gold Private Limited | ₹653.66 Cr (FY 2025) | 86.0% | Kannur, Kerala, India |
To see the full peer comparison of Greenlab Diamonds LLP, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101132534 | Icici Bank Limited | ₹11 Cr | Open | |
| 19 Jun 2025 | 101139911 | Kotak Mahindra Prime Limited | ₹5.37 Cr | Open | |
| 29 Jan 2025 | 101039236 | Hdfc Bank Limited | ₹2.75 Cr | Open | |
| 01 Apr 2024 | 100910894 | The Karur Vysya Bank Limited | ₹21 Cr | Open | |
| 22 Sep 2023 | 100789658 | Hdfc Bank Limited | ₹2.97 Cr | Open |
To see the full charge records of Greenlab Diamonds LLP, buy the company report.
Total charge records: 13 View all charges
Legal cases
Greenlab Diamonds LLP has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Greenlab Diamonds LLP, 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.
Credit ratings & regulatory alerts
Greenlab Diamonds LLP was last rated by Brickwork on 27 Oct 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 27 Oct 2022 |
To see the full credit ratings and regulatory alerts of Greenlab Diamonds LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greenlab Diamonds LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenlab Diamonds LLP has a workforce of 58 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Greenlab Diamonds has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATFG3971B1ZD | Gujarat | Active | 31 Dec 2018 |
| 27AATFG3971B1Z7 | Maharashtra | Active | 01 Jul 2022 |
To see the full GST registrations and return filing status of Greenlab Diamonds LLP, buy the company report.
Recent activity
Greenlab Diamonds LLP has 10 designated partner changes on record since 2018: 5 appointments and 5 cessations. The latest: Smit Mukeshbhai Patel was appointed as Designated Partner on 01 Apr 2024.
16 earlier events are in the company report.
Frequently asked questions
Greenlab Diamonds is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 December 2018 (8+ years old) and is registered under LLPIN AAN-7081.
Greenlab Diamonds has 5 current designated partners:
- Jiteshbhai Manjibhai Patel - Designated Partner
- Mukeshbhai Manjibhai Patel - Designated Partner
- Sanket Mukeshbhai Patel - Designated Partner
- Vipulbhai Manjibhai Patel - Designated Partner
- Smit Mukeshbhai Patel - Designated Partner
The latest financial statements of Greenlab Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Greenlab Diamonds is 24AATFG3971B1ZD, registered in Gujarat. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AATFG3971B1Z7 (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Greenlab Diamonds is AAN-7081. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Greenlab Diamonds has 1 court case on record: 1 filed against it.
Greenlab Diamonds was incorporated on 11 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Greenlab Diamonds by revenue are BRT Gold Private Limited, Prince Gold and Diamonds India Private Limited, Rajendra Jewellernx Private Limited, Sanghavi Exports International Private Limited, Mukti Gold Private Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Smit Mukeshbhai Patel was appointed as Designated Partner on 01 Apr 2024. Vipulbhai Manjibhai Patel was appointed as Designated Partner on 01 Apr 2024. Jiteshbhai Manjibhai Patel was appointed as Designated Partner on 01 Apr 2022. Greenlab Diamonds has 10 designated partner changes on record in total.
Greenlab Diamonds can be reached through the website hindva.com. Its registered office is in Surat, Gujarat, India.
The registered office of Greenlab Diamonds is at Plot No – C – 01 To C – 04 Gujarat Hira Bourse, Hajira Road, Surat, Gujarat, India – 394510.