Ozone Diamonds Private Limited

Ozone Diamonds Private Limited - consumer goods in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U36912GJ2009PTC058685 Incorporated 24 November 2009 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company consumer goods MSME
Data last updated
Revenue · FY 2025
₹20.48 Cr
▼ 5% YoY
Net profit · FY 2025
₹15.53 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹43.18 Lakh
EBITDA margin 2.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹22.52 Lakh
Issued & subscribed
Open charges
₹3.91 Cr
Satisfied ₹26.3 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
9
Provident fund records

About Ozone Diamonds Private Limited

Data last updated:

Ozone Diamonds Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 24 November 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36912GJ2009PTC058685. Its GSTIN is 24AABCO2223R1ZD (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.52 Lakh. It is led by directors including Ramesh Tulsibhai Bhalani (Managing Director) and Lavjibhai Govindbhai Gujarati (Managing Director).

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 Surat, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.48 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹15.53 Lakh (net margin 0.8%) and EBITDA of ₹43.18 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 34% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.91 Cr and satisfied charges of ₹26.3 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.15 Cr; the latest was in March 2024. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 13 overdue payments to 8 micro and small suppliers.

Ozone Diamonds Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0006715). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ozonediamonds.com.

Company details

CIN U36912GJ2009PTC058685
Registration Number 058685
Incorporation Date 24 November 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-22-0006715
Key People
Ramesh Tulsibhai Bhalani Managing Director Lavjibhai Govindbhai Gujarati Managing Director Arvindbhai Tulsibhai Bhalani Whole-Time Director

Recognitions & Rankings of Ozone Diamonds

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-22-0006715

Contact details

Ozone Diamonds Private Limited's registered office is in Surat, Gujarat. Its website is ozonediamonds.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ozonediamonds.com
  • Registered Address
    Plot No. 22 – A Patel Ind. Co. Op. So. Ltd Near Hdfc Bank Kishna Circle Balashram, Katargam, Surat, Gujarat, India – 395004
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing

To see the full contact details of Ozone Diamonds Private Limited, buy the company report.

Comprehensive company report
Ozone Diamonds 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 Ozone Diamonds is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ozone Diamonds Private Limited, buy the company report.

Financials of Ozone Diamonds Private Limited

FY 2025 filings available

Ozone Diamonds Private Limited reported revenue of ₹20.48 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹20.48 Cr ▼ 5%
Net profit · FY 2025
₹15.53 Lakh margin 0.8%
EBITDA · FY 2025
₹43.18 Lakh margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 20%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 30%
5 years · compounded
▼ 35%

Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 5% fall in the latest year. EBITDA fell 30% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹43.18 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.53 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.1%
Net Profit Margin0.8%
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

To see the full financial statements and ratios of Ozone Diamonds Private Limited, buy the company report.

Board of directors of Ozone Diamonds Private Limited

Ozone Diamonds has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh Tulsibhai BhalaniManaging Director24 Nov 200916 Years 11 MonthsCurrent
Arvindbhai Tulsibhai BhalaniWhole-Time Director24 Nov 200916 Years 11 MonthsCurrent
Lavjibhai Govindbhai GujaratiManaging Director24 Nov 200916 Years 11 MonthsCurrent
Dineshbhai Govindbhai GujaratiWhole-Time Director24 Nov 200916 Years 11 MonthsCurrent
View all directors

Auditor

Ozone Diamonds Private Limited is audited by Asodaria Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Asodaria AssociatesFY 2023100734W

Shareholding

The shareholding of Ozone 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ozone Diamonds Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.91 Cr
Satisfied charges
₹26.3 Cr
Breakdown by lending institutions
Others₹3.91 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Jun 2024100938501Others₹3.91 CrOpen
29 May 2017100101457Others₹10.65 CrSatisfied
30 Dec 2016100072674Others₹10.65 CrSatisfied
05 May 201510570634Hdfc Bank Limited₹5 CrSatisfied

To see the full charge records of Ozone Diamonds Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Ozone Diamonds Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.15 Cr; the latest was in March 2024.

Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹2.15 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Dineshbhai Govindbhai Cujarati Huf
Seller: an individual
Mar 2023Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Jan 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Oct 2015Secondary share transferUndisclosedBuyer: Naranbhai Jasoliya Huf, 2 individuals
Seller: Dineshbhai Govindbhai Cujarati Huf
Mar 2013Secondary share transferUndisclosedBuyer: Rameshbha Tulsibhai Bhalani Huf
Seller: an individual

To see the full deal history of Ozone Diamonds Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Ozone Diamonds Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 13 overdue payments to 8 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 8)

SupplierAmount dueDue sinceReported on
3 Star Labels
an individual supplier
Bhagwati Gems
Shreeji Infosys
an individual supplier

To see the full MSME payment records of Ozone Diamonds Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ozone Diamonds Private Limited has a workforce of 9 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1

GST

Ozone Diamonds has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AABCO2223R1ZDGujaratActive01 Jul 2017
27AABCO2223R1Z7MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Ozone Diamonds Private Limited, buy the company report.

Recent activity

Ozone Diamonds Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Kailas Ramesh Bhalani ceased to be Director on 05 Nov 2020.

AGM
Ozone Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ozone Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 391.00 Lakh with Charge ID 100938501 was registered on 06 Jun 2024.
Charges
A charge registered on 29 May 2017 via Charge ID 100101457 with Others was fully satisfied on 14 Jul 2021.
Charges
A charge registered on 30 Dec 2016 via Charge ID 100072674 with Others was fully satisfied on 14 Jul 2021.
Ceased
Kailas Ramesh Bhalani ceased to be Director.
Charges
A charge with Others amounted to Rs. 1,065.00 Lakh with Charge ID 100101457 was registered on 29 May 2017.
Charges
A charge registered on 05 May 2015 via Charge ID 10570634 with Hdfc Bank Limited was fully satisfied on 17 Apr 2017.
Charges
A charge with Others amounted to Rs. 1,065.00 Lakh with Charge ID 100072674 was registered on 30 Dec 2016.
Charges
A charge with Hdfc Bank Limited of Rs. 500.00 Lakh registered on 05 May 2015 with Charge ID 10570634 was modified on 26 Jun 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 10570634 was registered on 05 May 2015.
Ceased
Arvindbhai Tulsibhai Bhalani ceased to be Director.

8 earlier events are in the company report.

Frequently asked questions

Ozone Diamonds is an active private limited company based in Surat, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 24 November 2009 (17+ years old) and is registered under CIN U36912GJ2009PTC058685.

Ozone Diamonds has 4 current directors:

The latest financial statements of Ozone Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ozone Diamonds is 24AABCO2223R1ZD, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCO2223R1Z7 (Maharashtra).

The CIN (Corporate Identification Number) of Ozone Diamonds is U36912GJ2009PTC058685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ozone Diamonds has 7 court cases on record: 6 filed by the company and 1 filed against it. Most are in the district courts.

Ozone Diamonds was incorporated on 24 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ozone Diamonds has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.15 Cr; the latest was in March 2024.

Kailas Ramesh Bhalani ceased to be Director on 05 Nov 2020. Arvindbhai Tulsibhai Bhalani ceased to be Director on 04 Mar 2013. Dineshbhai Govindbhai Gujarati ceased to be Director on 04 Mar 2013. Ozone Diamonds has 9 board changes on record in total.

Yes, Ozone Diamonds is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0006715).

Ozone Diamonds has 5 MSME Form 1 returns on record between 2019 and 2020, listing 13 overdue payments to 8 micro and small suppliers. The latest return was filed on 07 Nov 2020.