Midas Diamonds Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2012.
2012 Mumbai, Maharashtra, India Active
Last Updated:
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About Midas Diamonds Private Limited

Midas Diamonds Private Limited, a active private limited company, was established on 30 May 2012 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: U36912MH2012PTC231683. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Navin Jain Sampatlal (Director), Vikas Sampatlal Jain (Director). Past directors included Dasarathi Mohanty. It holds ₹13.20 Cr open charges and ₹4.60 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 210, Keyto Ind Estate, Near Pidilite Industries 220, Kondivita Village, Andheri (East), Mumbai, Maharashtra, 400069.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U36912MH2012PTC231683

  • Registration Number

    231683

  • Incorporation Date

    30 May 2012

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.20 Cr
  • Satisfied Charges ₹ 4.60 Cr
  • Revenue Growth **** 108.59%
  • Profit Growth **** 64.40%
  • Ebitda **** 36.03%
  • Net Worth 41.26%
  • Total Assets **** 17.79%
Company report

Midas Diamonds Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midas Diamonds Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Midas Diamonds Private Limited?
Current Directors
Name Designation Appointment Date Status
Navin Jain Sampatlal Director 30 May 2012 Current
Vikas Sampatlal Jain Director 30 May 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 20 Apr 2018 Past

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Financial Performance of Midas Diamonds.

Midas Diamonds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 108.59% increase. The company also saw a substantial improvement in profitability, with a 64.4% increase in profit. The company's net worth Soared by an impressive increase of 41.26%.

Midas Diamonds revenue growth over time
Midas Diamonds profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 108.59%
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*******
*******
Revenue from Operations
*******
 108.16%
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*******
*******
Total Assets
*******
 17.79%
*******
*******
*******
*******
Profit or Loss
*******
 64.40%
*******
*******
*******
*******
Net Worth
*******
 41.26%
*******
*******
*******
*******
EBITDA
*******
 36.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Diamonds?

In 2023, Midas Diamonds had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹132,000,000.00

Satisfied Charges

₹46,000,000.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 7.35 Cr
  • Others : 5.85 Cr
Latest Charge Details
Date Lender Amount Status
02 Sep 2025 Others ₹5.85 Cr Open
05 Jan 2022 City Union Bank Limited ₹7.35 Cr Open
27 Jul 2023 City Union Bank Limited ₹8.00 M Satisfied
12 Jun 2018 Yes Bank Limited ₹3.80 Cr Satisfied

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How Many Employees Work at Midas Diamonds?

Unlock and access historical data on people associated with Midas Diamonds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Diamonds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Midas Diamonds's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Midas Diamonds
Recent Activity within the Organization
  • Charges

    Progress on A charge with City Union Bank Limited of Rs. 73.50 M registered on 05 Jan 2022 with Charge ID 100542118 was modified on 08 Oct 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 58.50 M with Charge ID 101152938 was registered on 02 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Midas Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Midas Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    Progress on A charge registered on 27 Jul 2023 via Charge ID 100777568 with City Union Bank Limited was fully satisfied on 01 Feb 2024. was documented.

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 8.00 M with Charge ID 100777568 was registered on 27 Jul 2023. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Midas Diamonds Private Limited?

The CIN of Midas Diamonds Private Limited is U36912MH2012PTC231683.

Where is Midas Diamonds Private Limited headquartered?

Midas Diamonds Private Limited is headquartered at 210, Keyto Ind Estate, Near Pidilite Industries 220, Kondivita Village, Andheri (East), Mumbai, Maharashtra, 400069.

When was Midas Diamonds Private Limited incorporated?

Midas Diamonds Private Limited was incorporated on 30 May 2012.

Who are the current directors of Midas Diamonds Private Limited?

The current directors of Midas Diamonds Private Limited are

What is the primary industry of Midas Diamonds Private Limited?

The primary industry of Midas Diamonds Private Limited is Manufacturing.

Is Midas Diamonds Private Limited a listed company?

Midas Diamonds Private Limited is unlisted.

What is the capital structure of Midas Diamonds Private Limited?

The authorized capital of Midas Diamonds Private Limited is ₹2.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Midas Diamonds Private Limited?

The compliance status of Midas Diamonds Private Limited is Compliant.

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