- Category
- Small (2021-22)
- Udyam number
- UDYAM-WB-08-0003789

About Mehandi Diamonds Private Limited
Data last updated:
Mehandi Diamonds Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 21 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2011PTC159504. Its GSTIN is 08AAHCM0545N1Z6 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors Pankaj Verma and Naresh Verma.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 22 Ramlal Mukherjee Lane Ground Floor, Howrah, West Bengal, India – 711106.
As per the financials filed for FY 2020, the company reported a revenue of ₹20.81 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹1.95 Cr (net margin -9.4%) and EBITDA of -₹70.14 Lakh (EBITDA margin -3.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹7.45 Cr and satisfied charges of ₹11.26 Cr on record. Court records list 17 cases involving the company, including 6 filed by the company and 11 filed against it; 9 cases are pending.
Mehandi Diamonds Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0003789). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mehandidiamonds.com.
Company details
Recognitions & Rankings of Mehandi Diamonds
Contact details
Mehandi Diamonds Private Limited's registered office is in Howrah, West Bengal. Its website is mehandidiamonds.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address22 Ramlal Mukherjee Lane Ground Floor, Howrah, West Bengal, India – 711106
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Mehandi 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 Mehandi 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 |
To see the full business activity and turnover split of Mehandi Diamonds Private Limited, buy the company report.
Financials of Mehandi Diamonds Private Limited
FY 2020 filings availableMehandi Diamonds Private Limited reported revenue of ₹20.81 Cr (down 49% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 49% fall in the latest year. EBITDA fell 138% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹20.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹70.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.95 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -9.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Mehandi Diamonds Private Limited, buy the company report.
Board of directors of Mehandi Diamonds Private Limited
Mehandi Diamonds has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Verma | Director | 21 Feb 2011 | 15 Years 8 Months | Current |
| Naresh Verma | Director | 21 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Mehandi Diamonds Private Limited is audited by J JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J JAIN & CO | FY 2020 | 310064E |
Shareholding
The shareholding of Mehandi Diamonds Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mehandi Diamonds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2019 | 100272838 | The South Indian Bank Limited | ₹5.6 Cr | Open | |
| 29 Oct 2013 | 10462707 | Tata Capital Housing Finance Limited | ₹1.85 Cr | Open | |
| 14 Nov 2017 | 100135640 | Others | ₹2.81 Cr | Satisfied | |
| 31 Oct 2015 | 10604266 | Hdb Financial Services Limited | ₹15 Lakh | Satisfied | |
| 23 Jan 2013 | 10411629 | Others | ₹5.6 Cr | Satisfied |
To see the full charge records of Mehandi Diamonds Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mehandi Diamonds Private Limited has 17 court cases on record: 6 filed by Mehandi Diamonds, 11 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 11 | 8 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
To see the full case history of Mehandi 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mehandi Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mehandi Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAHCM0545N1Z6 | Rajasthan | Active | 27 Jan 2020 |
To see the full GST registrations and return filing status of Mehandi Diamonds Private Limited, buy the company report.
Recent activity
Mehandi Diamonds Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Chandni Verma ceased to be Director on 01 Oct 2019.
13 earlier events are in the company report.
Frequently asked questions
Mehandi Diamonds is an active private limited company based in Howrah, West Bengal, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 21 February 2011 (15+ years old) and is registered under CIN U74999WB2011PTC159504.
Mehandi Diamonds has 2 current directors:
- Pankaj Verma - Director
- Naresh Verma - Director
The latest financial statements of Mehandi Diamonds on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Mehandi Diamonds is 08AAHCM0545N1Z6, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mehandi Diamonds is U74999WB2011PTC159504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehandi Diamonds has 17 court cases on record: 6 filed by the company and 11 filed against it. 9 are pending. Most are in the district courts.
Mehandi Diamonds was incorporated on 21 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Chandni Verma ceased to be Director on 01 Oct 2019. Khushboo Verma ceased to be Director on 01 Oct 2019. Santosh Devi Verma ceased to be Director on 19 Aug 2014. Mehandi Diamonds has 6 board changes on record in total.
Yes, Mehandi Diamonds is registered as a small enterprise under Udyam registration (number: UDYAM-WB-08-0003789).
Mehandi Diamonds can be reached through the website mehandidiamonds.com. Its registered office is in Howrah, West Bengal, India.