Meet Diamonds Private Limited
About Meet Diamonds Private Limited
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Meet Diamonds Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 30 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26960MH2012PTC238409. Its GSTIN is 27AAICM3260D1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ketan Mohanlal Doshi and Payal Amit Doshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.42 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹3 Lakh (net margin 0.3%) and EBITDA of ₹7.58 Lakh (EBITDA margin 0.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over five years.
As per MCA filings, the company has open charges of ₹28.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressJe 7050 Bharat Diamond Bourse G Block Bandra Kurla Complex Opp.Nabard Head Office Bandra Ea, St, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Meet Diamonds Private Limited
The main business activity of Meet Diamonds is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Meet Diamonds Private Limited FY 2025 filings available
Meet Diamonds Private Limited reported revenue of ₹11.42 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Meet Diamonds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 8% fall in the latest year. EBITDA rose 13% 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 of Meet Diamonds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3 Lakh | •••• | •••• | •••• | •••• |
| 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 of Meet Diamonds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Meet Diamonds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Meet Diamonds Private Limited
Meet Diamonds Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prama Jewels Private Limited | ₹11.51 Cr (FY 2022) | •••• | •••• | •••• | Jind, Haryana, India | |
| Trepechy Jewels Private Limited | ₹11.5 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Jaipur, Rajasthan, India |
| Samir Diamonds Exports Private Limited | ₹11.49 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Bishandayal Inderchand Jewellers Private Limited | ₹11.46 Cr (FY 2023) | •••• | •••• | -22.0% | •••• | Cuttack, Odisha, India |
| Vog Gems Private Limited | ₹11.44 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Jaipur, Rajasthan, India |
| Meet Diamonds Private Limited this company | ₹11.42 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Bhimani Jewels Pvt Ltd | ₹11.41 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Function Tradelink Private Limited | ₹11.41 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Uma Gold House Limited | ₹11.38 Cr (FY 2024) | •••• | •••• | •••• | Gandhidham, Gujarat, India | |
| Natraj Jewellers Private Limited | ₹11.37 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Shanti Griha Private Limited | ₹11.37 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Meet Diamonds by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Meet Diamonds Private Limited
Meet Diamonds Private Limited is audited by SUKHADIA & DESAI for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUKHADIA & DESAI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Meet Diamonds Private Limited
Meet Diamonds has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Amit Doshi | Additional Director | 12 Dec 2012 | 13 Years 9 Months | Current |
| Ketan Mohanlal Doshi | Director | 30 Nov 2012 | 13 Years 10 Months | Current |
| Ankit Ketan Doshi | Additional Director | 12 Dec 2012 | 13 Years 9 Months | Current |
| Ruchita Ankit Doshi | Additional Director | 12 Dec 2012 | 13 Years 9 Months | Current |
Ownership and Shareholding of Meet Diamonds Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Meet Diamonds Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2025 | Bank of India | ₹28.4 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Meet Diamonds Private Limited
Employment history and EPFO contributions of people linked to Meet Diamonds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Meet Diamonds Private Limited
Meet Diamonds Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Urmila Ketan Doshi ceased to be Additional Director on 22 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Meet Diamonds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Meet Diamonds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Meet Diamonds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Meet Diamonds Private Limited
Meet Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM3260D1ZO | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Meet Diamonds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Meet Diamonds Private Limited
Meet Diamonds is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 30 November 2012 (14+ years old) and is registered under CIN U26960MH2012PTC238409.
Meet Diamonds reported revenue of ₹11.42 Cr for FY 2024 (down 8% YoY).
Meet Diamonds has 4 current directors:
- Payal Amit Doshi - Additional Director
- Ketan Mohanlal Doshi - Director
- Ankit Ketan Doshi - Additional Director
- Ruchita Ankit Doshi - Additional Director
Meet Diamonds reported a net profit of ₹3 Lakh (net margin 0.3%) and EBITDA of ₹7.58 Lakh (EBITDA margin 0.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meet Diamonds is -6% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Meet Diamonds is 27AAICM3260D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Meet Diamonds is U26960MH2012PTC238409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meet Diamonds was incorporated on 30 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Meet Diamonds by revenue are Prama Jewels Private Limited, Trepechy Jewels Private Limited, Samir Diamonds Exports Private Limited, Bishandayal Inderchand Jewellers Private Limited, Vog Gems Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Urmila Ketan Doshi ceased to be Additional Director on 22 Dec 2021. Amit Ketan Doshi ceased to be Director on 31 Mar 2016. Ankit Ketan Doshi was appointed as Additional Director on 12 Dec 2012. Meet Diamonds has 6 board changes on record in total.
The registered office of Meet Diamonds is at Je 7050 Bharat Diamond Bourse G Block Bandra Kurla Complex Opp.Nabard Head Office Bandra Ea, St, Mumbai, Maharashtra, India – 400051.