Lifegem Diamonds Limited
About Lifegem Diamonds Limited
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Lifegem Diamonds Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 01 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26999KA2017PLC102694. Its GSTIN is 29AADCL3052D1ZS (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ivernad Rajagopal Rao (Managing Director) and Ivernad Mohan Rao.
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 No.704 4th A Cross Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2020, the company reported a revenue of ₹45,900, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹24,372 (net margin 53.1%) and EBITDA of -₹3.1 Lakh.
The company is associated with 1 brand: LifeGem Diamonds.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Lifegem Diamonds Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.704 4th A Cross Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Lifegem Diamonds 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
Brands
Lifegem Diamonds operates one associated brand: LifeGem Diamonds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of lab-grown and natural gemstones, along with healing crystals, in Bangalore. | lifegemdiamonds.com |
Business activity
The main business activity of Lifegem Diamonds 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 |
Financials of Lifegem Diamonds Limited
FY 2025 filings availableLifegem Diamonds Limited reported revenue of ₹45,900 (down 75% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹45,900 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹24,372 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | 53.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| 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 Lifegem Diamonds Limited, buy the company report.
Board of directors of Lifegem Diamonds Limited
Lifegem Diamonds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ivernad Mohan Rao Also directs: Hi-Tech Agro Plantations Limited | Director | 01 May 2017 | 9 Years 6 Months | Current |
| Asha Rajgopal Rao | Director | 01 May 2017 | 9 Years 6 Months | Current |
| Ivernad Rajagopal Rao | Managing Director | 01 May 2017 | 9 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Lifegem Diamonds 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 Lifegem Diamonds Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lifegem Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCL3052D1ZS | Karnataka | Active | 24 Aug 2017 |
To see the full GST registrations and return filing status of Lifegem Diamonds Limited, buy the company report.
Recent activity
Lifegem Diamonds Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ivernad Rajagopal Rao ceased to be Director on 01 Aug 2019.
Frequently asked questions
Lifegem Diamonds is an active public limited company based in Bangalore, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 01 May 2017 (9+ years old) and is registered under CIN U26999KA2017PLC102694.
Lifegem Diamonds has 3 current directors:
- Ivernad Rajagopal Rao - Managing Director
- Ivernad Mohan Rao - Director
- Asha Rajgopal Rao - Director
The latest financial statements of Lifegem 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 FY 2018 are in the company report.
The GSTIN of Lifegem Diamonds is 29AADCL3052D1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Lifegem Diamonds is U26999KA2017PLC102694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lifegem Diamonds was incorporated on 01 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Ivernad Rajagopal Rao ceased to be Director on 01 Aug 2019. Asha Rajgopal Rao was appointed as Director on 01 May 2017. Ivernad Mohan Rao was appointed as Director on 01 May 2017. Lifegem Diamonds has 4 board changes on record in total.
The registered office of Lifegem Diamonds is at No.704 4th A Cross Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
Lifegem Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
The compliance status of Lifegem Diamonds is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
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