Karat Diamond Private Limited
About Karat Diamond Private Limited
Data last updated:
Karat Diamond Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Thukral Industrial Investments Private Limited. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 12 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2003PTC143100.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Indu Thukral and Madan Lal Thukral.
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 Vip House Ground Floor 88 – C Old Prabhadevi Road, Mumbai, Maharashtra, India – 400025.
Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Karat Diamond Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVip House Ground Floor 88 – C Old Prabhadevi Road, Mumbai, Maharashtra, India – 400025
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Karat 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 Karat 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 |
Financials of Karat Diamond Private Limited
FY 2025 filings availableKarat Diamond Private Limited reported revenue of ₹7,452 for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7,452 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Karat Diamond Private Limited, buy the company report.
Board of directors of Karat Diamond Private Limited
Karat Diamond has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indu Thukral Also directs: Upper Crust Builders Private Limited, Espandere Advisors Private Limited, Sterling Transtel Limited and 1 more | Director | 27 Apr 2012 | 14 Years 5 Months | Current |
| Madan Lal Thukral | Director | 27 Apr 2012 | 14 Years 5 Months | Current |
| Ameeta Chatterjee Also directs: Upper Crust Builders Private Limited, Espandere Advisors Private Limited, Sterling Transtel Limited and 5 more | Director | 01 Nov 2014 | 11 Years 11 Months | Current |
Shareholding
The shareholding of Karat Diamond Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Karat Diamond Private Limited, buy the company report.
Legal cases
Karat Diamond Private Limited has 9 court cases on record: 1 filed by Karat Diamond, 8 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 8 | 5 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by S N Damani Property Development LLP | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Kalpavruksha Cooperative Housing Society Limited Negandhi Shah and Himayatullah | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by individuals | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Kalpavruksha Cooperative Housing Society | Pending |
To see the full case history of Karat Diamond 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 Karat Diamond 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 Karat Diamond Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Karat Diamond Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Ameeta Chatterjee ceased to be Additional Director on 29 Sep 2015.
Frequently asked questions
Karat Diamond is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 12 November 2003 (23+ years old) and is registered under CIN U51398MH2003PTC143100.
Karat Diamond has 3 current directors:
- Indu Thukral - Director
- Madan Lal Thukral - Director
- Ameeta Chatterjee - Director
The latest financial statements of Karat 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Karat Diamond is U51398MH2003PTC143100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karat Diamond has 9 court cases on record: 1 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Karat Diamond was incorporated on 12 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Ameeta Chatterjee ceased to be Additional Director on 29 Sep 2015. Ameeta Chatterjee was appointed as Director on 01 Nov 2014. Anil Uttamchand Jain ceased to be Director on 27 Apr 2012. Karat Diamond has 6 board changes on record in total.
The registered office of Karat Diamond is at Vip House Ground Floor 88 – C Old Prabhadevi Road, Mumbai, Maharashtra, India – 400025.
Karat Diamond operates in the trading industry, in the wholesale segment.
The compliance status of Karat Diamond is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.