About Ishan Diamond Private Limited
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Ishan Diamond Private Limited is a private 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 11 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2019PTC320989. Its GSTIN is 27AAFCI1686L1Z4 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nandlalbhai Vasurbhai Kanala and Saurin Dayalbhai Thumar.
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 Gw 1060 Bharat Diamond Bourse G Block BKC Opp Nabard Head Office Bandra (E), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.21 Lakh (net margin 0.1%) and EBITDA of ₹1.46 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ishandiamond.com.
Company details
Contact details
Ishan Diamond Private Limited's registered office is in Mumbai, Maharashtra. Its website is ishandiamond.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGw 1060 Bharat Diamond Bourse G Block BKC Opp Nabard Head Office Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Ishan 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 Ishan Diamond is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ishan Diamond Private Limited, buy the company report.
Financials of Ishan Diamond Private Limited
FY 2025 filings availableIshan Diamond Private Limited reported revenue of ₹8.25 Cr (up 39800% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years. EBITDA rose 200% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.46 Lakh | ||||
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| Net Profit (PAT) | ₹1.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Ishan Diamond Private Limited, buy the company report.
Board of directors of Ishan Diamond Private Limited
Ishan Diamond has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandlalbhai Vasurbhai Kanala | Additional Director | 28 Nov 2022 | 3 Years 11 Months | Current |
| Saurin Dayalbhai Thumar Also directs: Ewaa Solar Technology Private Limited | Additional Director | 28 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Ishan Diamond Private Limited is audited by R R AGRAWAL AND CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R AGRAWAL AND CO | FY 2020 | 146111W |
Shareholding
The shareholding of Ishan Diamond Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ishan Diamond Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishan 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 Ishan Diamond Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishan Diamond has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI1686L1Z4 | Maharashtra | Active | 28 Feb 2019 |
To see the full GST registrations and return filing status of Ishan Diamond Private Limited, buy the company report.
Recent activity
Ishan Diamond Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Sejalben Nandlalbhai Kanala ceased to be Additional Director on 07 Dec 2022.
Frequently asked questions
Ishan Diamond is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 February 2019 (7+ years old) and is registered under CIN U36999MH2019PTC320989.
Ishan Diamond has 2 current directors:
- Nandlalbhai Vasurbhai Kanala - Additional Director
- Saurin Dayalbhai Thumar - Additional Director
The latest financial statements of Ishan Diamond 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 FY 2019 are in the company report.
The GSTIN of Ishan Diamond is 27AAFCI1686L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ishan Diamond is U36999MH2019PTC320989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishan Diamond was incorporated on 11 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Sejalben Nandlalbhai Kanala ceased to be Additional Director on 07 Dec 2022. Vasurbhai Kanabhai Kanala ceased to be Additional Director on 07 Dec 2022. Nandlalbhai Vasurbhai Kanala was appointed as Additional Director on 28 Nov 2022. Ishan Diamond has 6 board changes on record in total.
Ishan Diamond can be reached through the website ishandiamond.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ishan Diamond is at Gw 1060 Bharat Diamond Bourse G Block BKC Opp Nabard Head Office Bandra E, Mumbai, Maharashtra, India – 400051.
Ishan Diamond operates in the consumer goods industry, in the watches and jewelry manufacturing segment.