MBMG Diamonds Private Limited
About MBMG Diamonds Private Limited
Data last updated:
MBMG Diamonds Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 11 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U36911KL2008PTC022587. Its GSTIN is 32AAFCM5904R1Z4 (Kerala). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors including Raj Hiten Parikh and Madathum Parambath Ahammad.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16/501 M Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,020.28 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹147.26 Cr (net margin 2.9%) and EBITDA of ₹204.58 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 34% over five years.
The company has about 719 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹325 Cr and satisfied charges of ₹111.07 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.89 Cr; the latest was in January 2012. The company has 14 MSME Form 1 returns on record between 2018 and 2023, listing 8,699 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MBMG Diamonds Private Limited's registered office is in Kozhikode, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16/501 M Montana Estate Paingottupuram Peringolam (Po), Kozhikode, Kerala, India – 673571
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of MBMG Diamonds 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 MBMG Diamonds 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 MBMG Diamonds Private Limited, buy the company report.
Financials of MBMG Diamonds Private Limited
FY 2025 filings availableMBMG Diamonds Private Limited reported revenue of ₹5,020.28 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 38% growth in the latest year. EBITDA rose 42% 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 | ₹204.58 Cr | ||||
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| Net Profit (PAT) | ₹147.26 Cr | ||||
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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 | 4.1% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of MBMG Diamonds Private Limited, buy the company report.
Board of directors of MBMG Diamonds Private Limited
MBMG Diamonds has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Hiten Parikh Also directs: Mbe Enterprise LLP, Chimanbag Advisory Services Private Limited, Uni-Design Jewellery Private Limited. and 2 more | Nominee Director | 02 Sep 2008 | 18 Years 2 Months | Current |
| Madathum Parambath Ahammad | Nominee Director | 02 Sep 2008 | 18 Years 2 Months | Current |
| Asher Ottamoochikkal Also directs: Bluecounty Properties Limited Liability Partnership, Deyar Developers LLP, Solidity Contracting LLP and 5 more | Nominee Director | 11 Jun 2008 | 18 Years 4 Months | Current |
| Shalin Shailesh Shah | Nominee Director | 02 Sep 2008 | 18 Years 2 Months | Current |
| Jareesh Thekke Koroth | Nominee Director | 02 Sep 2008 | 18 Years 2 Months | Current |
| Saunak Jitendra Parikh Also directs: Mbe Enterprise LLP, Palan Services LLP, Mahendra Brothers Exports Private Limited and 5 more | Nominee Director | 11 Jun 2008 | 18 Years 4 Months | Current |
Auditor
MBMG Diamonds Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of MBMG Diamonds Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MBMG Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2024 | 100899896 | Yes Bank Limited | ₹100 Cr | Open | |
| 14 Feb 2020 | 100327553 | Others | ₹75 Cr | Open | |
| 13 Mar 2013 | 10423646 | Others | ₹150 Cr | Open | |
| 30 Jun 2021 | 100478184 | Dhanlaxmi Bank Limited | ₹20.5 Lakh | Satisfied | |
| 04 Jun 2021 | 100486232 | Others | ₹20.86 Cr | Satisfied |
To see the full charge records of MBMG Diamonds Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
MBMG Diamonds Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.89 Cr; the latest was in January 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: Sharan Retail LLP Seller: Mahendra Brothers Exports Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Sharan Retail LLP Seller: Mahendra Brothers Exports Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Mg Precious Stones Trading Ventures Private Limited, Mahendra Brothers Exports Private Limited Seller: 2 individuals |
| Mar 2009 | Funding round | ₹1.89 Cr | Investors: Mahendra Brothers Exports Private Limited , Mg Precious Stones Trading Ventures Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MBMG Diamonds Private Limited has 2 court cases on record: 2 filed by MBMG Diamonds. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Notice cases) | Filed by the company against an individual | Disposed |
To see the full case history of MBMG Diamonds 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.
Credit ratings & regulatory alerts
MBMG Diamonds Private Limited was last rated by Care on 03 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Nov 2021 |
To see the full credit ratings and regulatory alerts of MBMG Diamonds Private Limited, buy the company report.
MSME payment delays
MBMG Diamonds Private Limited has 14 MSME Form 1 returns on record between 2018 and 2023, listing 8,699 overdue payments to 30 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 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kosha Fine Jewels Limited | |||
| Vero Stella Jewels LLP | |||
| Padmashri Jewelers | |||
| Kamlesh Diamond Co | |||
| Midas Diamonds Private Limited |
To see the full MSME payment records of MBMG Diamonds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MBMG Diamonds Private Limited has a workforce of 719 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
GST
MBMG Diamonds has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCM5904R1Z4 | Kerala | Active | 01 Jul 2017 |
| 27AAFCM5904R1ZV | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCM5904R1ZR | Karnataka | Active | 01 Jul 2017 |
| 33AAFCM5904R1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MBMG Diamonds Private Limited, buy the company report.
Recent activity
MBMG Diamonds Private Limited has 10 board changes on record since 2008: 7 appointments and 3 cessations. The latest: Pallikere Ibrahim Abdulla ceased to be Nominee Director on 21 Dec 2021.
19 earlier events are in the company report.
Frequently asked questions
MBMG Diamonds is an active private limited company based in Kozhikode, Kerala, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 11 June 2008 (18+ years old) and is registered under CIN U36911KL2008PTC022587.
MBMG Diamonds has 7 current directors:
- Raj Hiten Parikh - Nominee Director
- Madathum Parambath Ahammad - Nominee Director
- Asher Ottamoochikkal - Nominee Director
- Shalin Shailesh Shah - Nominee Director
- Jareesh Thekke Koroth - Nominee Director
- Saunak Jitendra Parikh - Nominee Director
- Milan Kavin Parikh - Nominee Director
The latest financial statements of MBMG Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MBMG Diamonds is 32AAFCM5904R1Z4, registered in Kerala. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCM5904R1ZV (Maharashtra), 29AAFCM5904R1ZR (Karnataka), 33AAFCM5904R1Z2 (Tamil Nadu).
The CIN (Corporate Identification Number) of MBMG Diamonds is U36911KL2008PTC022587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MBMG Diamonds has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
MBMG Diamonds was incorporated on 11 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
MBMG Diamonds has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.89 Cr; the latest was in January 2012.
Pallikere Ibrahim Abdulla ceased to be Nominee Director on 21 Dec 2021. Asher Ottamoochikkal ceased to be Director on 02 Sep 2008. Jareesh Thekke Koroth was appointed as Nominee Director on 02 Sep 2008. MBMG Diamonds has 10 board changes on record in total.
MBMG Diamonds has 14 MSME Form 1 returns on record between 2018 and 2023, listing 8,699 overdue payments to 30 micro and small suppliers. The latest return was filed on 27 May 2024.
The registered office of MBMG Diamonds is at 16501 M Montana Estate Paingottupuram Peringolam Po, Kozhikode, Kerala, India – 673571.
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