MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0023411
_PRIVATE_LIMITED.webp)
Nice Diamonds ( India) Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹162.76 Cr
▲ 7% YoY
Net profit · FY 2025
₹4.2 Cr
Net margin 2.6%
EBITDA · FY 2025
₹7.55 Cr
EBITDA margin 4.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.16 Cr
Issued & subscribed
Open charges
₹19.86 Cr
Satisfied ₹21.81 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
7
Provident fund records
About Nice Diamonds ( India) Private Limited
Data last updated:
Nice Diamonds ( India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 24 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH2006PTC163262. Its GSTIN is 27AACCN3311Q1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.16 Cr. It is led by directors including Manaklal Maganlal Dhing and Usha Manaklal Dhing.
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 Venkatesh Bhawan 4th Floor 235/237 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹162.76 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Cr (net margin 2.6%) and EBITDA of ₹7.55 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.86 Cr and satisfied charges of ₹21.81 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Nice Diamonds ( India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0023411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nicediamonds.in.
Company details
CIN U45100MH2006PTC163262
Registration Number 163262
Incorporation Date 24 July 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0023411
CIN history
Nice Diamonds ( India) has one previous CIN (Corporate Identification Number): U27205MH2006PTC163262. The current CIN is U45100MH2006PTC163262, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH2006PTC163262 | Current |
| U27205MH2006PTC163262 | Previous |
Recognitions & Rankings of Nice Diamonds ( India)
Contact details
Nice Diamonds ( India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is nicediamonds.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVenkatesh Bhawan 4th Floor 235/237 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Nice Diamonds ( India) Private Limited, buy the company report.
Comprehensive company report
Nice Diamonds ( India) Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Nice Diamonds ( India) 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 Nice Diamonds ( India) Private Limited, buy the company report.
Financials of Nice Diamonds ( India) Private Limited
FY 2024 filings availableNice Diamonds ( India) Private Limited reported revenue of ₹162.76 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹162.76 Cr ▲ 7%
Net profit · FY 2025
₹4.2 Cr margin 2.6%
EBITDA · FY 2025
₹7.55 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 19%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 36%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 7% growth in the latest year. EBITDA rose 34% 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 | ₹7.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nice Diamonds ( India) Private Limited, buy the company report.
Board of directors of Nice Diamonds ( India) Private Limited
Nice Diamonds ( India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manaklal Maganlal Dhing Also directs: Curawell Health Ventures LLP | Director | 24 Jul 2006 | 20 Years 3 Months | Current |
| Usha Manaklal Dhing | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
| Ravi Manak Jain Also directs: Curawell Health Ventures LLP | Director | 05 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Nice Diamonds ( India) Private Limited is audited by K S BAPNA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S BAPNA & CO | FY 2023 | 101012W |
Shareholding
The shareholding of Nice Diamonds ( India) 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 Nice Diamonds ( India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.86 Cr
Satisfied charges
₹21.81 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2025 | 101042936 | Others | ₹19.86 Cr | Open | |
| 30 Dec 2022 | 100671584 | Others | ₹4.75 Cr | Satisfied | |
| 30 Dec 2022 | 100671924 | Others | ₹4.75 Cr | Satisfied | |
| 30 Sep 2020 | 100374580 | Others | ₹71.71 Lakh | Satisfied | |
| 10 Aug 2017 | 100124138 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Nice Diamonds ( India) Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Nice Diamonds ( India) Private Limited has 1 court case on record: 1 filed by Nice Diamonds ( India). All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Nice Diamonds ( India) 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
Nice Diamonds ( India) Private Limited was last rated by Crisil on 24 May 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 May 2018 |
To see the full credit ratings and regulatory alerts of Nice Diamonds ( India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nice Diamonds ( India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nice Diamonds ( India) Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Nice Diamonds ( India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN3311Q1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nice Diamonds ( India) Private Limited, buy the company report.
Recent activity
Nice Diamonds ( India) Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Ravi Manak Jain was appointed as Director on 05 Aug 2014.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100374580 with Others was fully satisfied on 15 May 2025.
Charges
A charge with Others of Rs. 19.86 Cr registered on 29 Jan 2025 with Charge ID 101042936 was modified on 25 Apr 2025.
Charges
A charge registered on 30 Dec 2022 via Charge ID 100671584 with Others was fully satisfied on 03 Mar 2025.
Charges
A charge registered on 17 Dec 2016 via Charge ID 100077721 with Others was fully satisfied on 03 Mar 2025.
Charges
A charge registered on 30 Dec 2022 via Charge ID 100671924 with Others was fully satisfied on 03 Feb 2025.
Charges
A charge with Others amounted to Rs. 19.86 Cr with Charge ID 101042936 was registered on 29 Jan 2025.
AGM
Nice Diamonds ( India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Nice Diamonds ( India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 4.99 Cr registered on 17 Dec 2016 with Charge ID 100077721 was modified on 19 Jan 2024.
Charges
A charge registered on 20 Mar 2013 via Charge ID 10418252 with Others was fully satisfied on 16 Jan 2023.
Charges
A charge with Others of Rs. 4.75 Cr registered on 30 Dec 2022 with Charge ID 100671924 was modified on 05 Jan 2023.
Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100671584 was registered on 30 Dec 2022.
15 earlier events are in the company report.
Frequently asked questions
Nice Diamonds ( India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 24 July 2006 (20+ years old) and is registered under CIN U45100MH2006PTC163262.
Nice Diamonds ( India) has 3 current directors:
- Manaklal Maganlal Dhing - Director
- Usha Manaklal Dhing - Director
- Ravi Manak Jain - Director
The latest financial statements of Nice Diamonds ( India) 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 2015 are in the company report.
The GSTIN of Nice Diamonds ( India) is 27AACCN3311Q1ZA, registered in Maharashtra. 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 Nice Diamonds ( India) is U45100MH2006PTC163262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nice Diamonds ( India) has 1 court case on record: 1 filed by the company. 1 is pending.
Nice Diamonds ( India) was incorporated on 24 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Ravi Manak Jain was appointed as Director on 05 Aug 2014. Chimanlal Mohanlal Shah ceased to be Director on 30 Nov 2012. Sushila Chimanlal Shah ceased to be Director on 30 Nov 2012. Nice Diamonds ( India) has 5 board changes on record in total.
Yes, Nice Diamonds ( India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0023411).
Nice Diamonds ( India) can be reached through the website nicediamonds.in. Its registered office is in Mumbai, Maharashtra, India.