About Limelight Lab Grown Diamonds Limited
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Limelight Lab Grown Diamonds Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32119MH2017PLC298146. Its GSTIN is 27AACCO5456D1ZI (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.92 Cr. It was formerly known as Limelight Lab Grown Diamonds Private Limited and Olam Diamond Traders Private Limited. It is led by directors including Pooja Ketan Sheth (Managing Director) and Dhawal Gadda.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹127.25 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹58.2 Lakh (net margin 0.5%) and EBITDA of ₹5.33 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 53% over five years.
The company is associated with 1 brand: Limelight Diamonds. As per MCA filings, the company has open charges of ₹21.2 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 22 deals on record (11 secondary share transfers, 10 funding rounds, 1 rights issue), with disclosed funding of ₹640.48 Cr; the latest was in July 2026. Its 5 peer companies in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is Jewel Casa Private Limited with revenue of ₹173.69 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 124 overdue payments to 24 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website limelightdiamonds.com.
Company details
Name history
Limelight Lab Grown Diamonds has undergone 2 name changes throughout its history. The company was previously known as Limelight Lab Grown Diamonds Private Limited, and Olam Diamond Traders Private Limited. The current legal name is Limelight Lab Grown Diamonds Limited.
| Company Name | Status |
|---|---|
| Limelight Lab Grown Diamonds Limited | Current |
| Limelight Lab Grown Diamonds Private Limited | Previous |
| Olam Diamond Traders Private Limited | Previous |
CIN history
Limelight Lab Grown Diamonds has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32119MH2017PLC298146, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32119MH2017PLC298146 | Current |
| U51900MH2017PLC298146 | Previous |
| U51900MH2017PTC298146 | Previous |
Contact details
Limelight Lab Grown Diamonds Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address601 Beeta Cts – 587A S. V. Road, Andheri West Opp. Shoppers Stop, Mumbai, Maharashtra, India – 400058
- IndustryTrading, Other Wholesale, Wholesale
- 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
Limelight Lab Grown Diamonds operates one associated brand: Limelight Diamonds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lab-grown diamond jewelry is offered online by Limelight for women. | limelightdiamonds.com |
Business activity
The main business activity of Limelight Lab Grown Diamonds is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Limelight Lab Grown Diamonds Limited, buy the company report.
Financials of Limelight Lab Grown Diamonds Limited
FY 2024 filings availableLimelight Lab Grown Diamonds Limited reported revenue of ₹127.25 Cr (up 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 81% growth in the latest year. EBITDA rose 195% 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 |
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| EBITDA | ₹5.33 Cr | ||||
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| Net Profit (PAT) | ₹58.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Limelight Lab Grown Diamonds Limited, buy the company report.
Board of directors of Limelight Lab Grown Diamonds Limited
Limelight Lab Grown Diamonds has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Ketan Sheth | Managing Director | 14 Mar 2018 | 8 Years 8 Months | Current |
| Karamjyot Singh Chawla | Additional Director | 17 Jun 2025 | 1 Years 4 Months | Current |
| Dhawal Gadda Also directs: DPCS & Associates LLP, Oriana Power Limited | Director | 14 Feb 2023 | 3 Years 9 Months | Current |
| Shivang Ghanshyam Goyal | Director | 24 Apr 2023 | 3 Years 6 Months | Current |
| Rajesh Chaturbhai Limbasia Also directs: Marshal LGD LLP, Janvi LGD Private Limited, CKL Sons Investment Private Limited and 1 more | Director | 07 Jun 2019 | 7 Years 5 Months | Current |
| Kalpan Bhushan Dalal | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Limelight Lab Grown Diamonds Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jewel Casa Private Limited | ₹173.69 Cr (FY 2025) | 1174.0% | Mumbai, Maharashtra, India | |||
| Rithvika Gold Private Limited | ₹141.74 Cr (FY 2025) | -1.0% | Bhubaneswar, Odisha, India | |||
| Limelight Lab Grown Diamonds Limitedthis company | ₹127.25 Cr (FY 2025) | ₹58.2 Lakh | 0.5% | 81.0% | Mumbai, Maharashtra, India | |
| Mahaveer Bullion Private Limited | ₹122.89 Cr (FY 2025) | 437.0% | Vellore, Tamil Nadu, India | |||
| Gupta Jewellers Private Limited | ₹115.58 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Uni Luxury India Private Limited | ₹110.76 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Limelight Lab Grown Diamonds Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2025 | 101187017 | Hdfc Bank Limited | ₹21.2 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Limelight Lab Grown Diamonds Limited has 22 deals on record (11 secondary share transfers, 10 funding rounds, 1 rights issue), with disclosed funding of ₹640.48 Cr; the latest was in July 2026.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round | ₹175 Cr | Investors: Janvi LGD Private Limited |
| Feb 2026 | Funding round | ₹57.34 Cr | Investors: Midamas Jewels LLP , 3 individuals |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Munisuvrat Venture Private Limited Seller: Arihant Futures and Commodities Limited |
| Feb 2025 | Funding round | ₹90.53 Cr | Investors: CKL Sons Investment Private Limited , Compact Structure Fund, Janvi LGD Private Limited |
| Mar 2024 | Funding round | ₹2.4 Cr | Investors: Hok Global Private Limited |
To see the full deal history of Limelight Lab Grown Diamonds Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Limelight Lab Grown Diamonds Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (CRR) | Filed against the company by Manik Chand Jewellers and Sons Private Limited and Others Sandip Agarwal and 4 others | Pending |
To see the full case history of Limelight Lab Grown Diamonds 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
Limelight Lab Grown Diamonds Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 124 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Assured Advertising & Media Private Limited | |||
| an individual supplier | |||
| The Bombay Display Company | |||
| Shree Balaji Enterprise | |||
| Works Media and Allied Services LLP |
To see the full MSME payment records of Limelight Lab Grown Diamonds Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Limelight Lab Grown Diamonds has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO5456D1ZI | Maharashtra | Active | 10 Sep 2018 |
To see the full GST registrations and return filing status of Limelight Lab Grown Diamonds Limited, buy the company report.
Recent activity
Limelight Lab Grown Diamonds Limited has 16 board changes on record since 2018: 8 appointments and 8 cessations. The latest: Karamjyot Singh Chawla was appointed as Additional Director on 17 Jun 2025.
8 earlier events are in the company report.
News
Frequently asked questions
Limelight Lab Grown Diamonds is an active public limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U32119MH2017PLC298146.
Limelight Lab Grown Diamonds has 8 current directors:
- Pooja Ketan Sheth - Managing Director
- Karamjyot Singh Chawla - Additional Director
- Dhawal Gadda - Director
- Shivang Ghanshyam Goyal - Director
- Rajesh Chaturbhai Limbasia - Director
- Kalpan Bhushan Dalal - Director
- Arjun Madhavan - Director
- Nirav Jayesh Bhatt - Director
The latest financial statements of Limelight Lab Grown Diamonds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Limelight Lab Grown Diamonds is 27AACCO5456D1ZI, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Limelight Lab Grown Diamonds is U32119MH2017PLC298146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Limelight Lab Grown Diamonds has 1 court case on record: 1 filed against it. 1 is pending.
Limelight Lab Grown Diamonds was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Limelight Lab Grown Diamonds has 22 deals on record (11 secondary share transfers, 10 funding rounds, 1 rights issue), with disclosed funding of ₹640.48 Cr; the latest was in July 2026.
The peers of Limelight Lab Grown Diamonds by revenue are Jewel Casa Private Limited, Rithvika Gold Private Limited, Mahaveer Bullion Private Limited, Gupta Jewellers Private Limited, Uni Luxury India Private Limited, all in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading).
Karamjyot Singh Chawla was appointed as Additional Director on 17 Jun 2025. Shivang Ghanshyam Goyal was appointed as Director on 24 Apr 2023. Shivang Ghanshyam Goyal ceased to be Additional Director on 24 Apr 2023. Limelight Lab Grown Diamonds has 16 board changes on record in total.
Limelight Lab Grown Diamonds has 14 MSME Form 1 returns on record between 2019 and 2024, listing 124 overdue payments to 24 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Limelight Lab Grown Diamonds can be reached through the website limelightdiamonds.com. Its registered office is in Mumbai, Maharashtra, India.
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