Paras Diamonds Pvt Ltd
About Paras Diamonds Pvt Ltd
Data last updated:
Paras Diamonds Pvt Ltd 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 16 January 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1982PTC026153. Its GSTIN is 27AAACP2577N1ZY (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.7 Lakh. It is led by directors Atul Kirtilal Parikh (Managing Director) and Abhay Suresh Parikh.
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 Nagin Mahal 6th Fl82 Veer Nariman Rd Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.94 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹8.85 Lakh (net margin -1.5%) and EBITDA of -₹8.23 Lakh (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 14% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paras Diamonds Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNagin Mahal 6th Fl82 Veer Nariman Rd Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Paras Diamonds Pvt Ltd, 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 Paras Diamonds 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 Paras Diamonds Pvt Ltd, buy the company report.
Financials of Paras Diamonds Pvt Ltd
FY 2025 filings availableParas Diamonds Pvt Ltd reported revenue of ₹5.94 Cr (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 36% fall in the latest year. EBITDA fell 310% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8.23 Lakh | ||||
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| Net Profit (PAT) | -₹8.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -1.5% | ||||
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To see the full financial statements and ratios of Paras Diamonds Pvt Ltd, buy the company report.
Board of directors of Paras Diamonds Pvt Ltd
Paras Diamonds has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Suresh Parikh | Director | 16 Jan 1982 | 44 Years 9 Months | Current |
| Atul Kirtilal Parikh | Managing Director | 16 Jan 1982 | 44 Years 9 Months | Current |
Auditor
Paras Diamonds Pvt Ltd is audited by S R PARIKH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R PARIKH & CO | FY 2018 | 107578W |
Shareholding
The shareholding of Paras Diamonds Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Paras Diamonds Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Paras Diamonds Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paras Diamonds Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Paras Diamonds has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Java Trading Private Limited | U51909TN2004PTC052720 |
To see the full group structure of Paras Diamonds Pvt Ltd, buy the company report.
GST
Paras Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP2577N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Diamonds Pvt Ltd, buy the company report.
Recent activity
Paras Diamonds Pvt Ltd has 2 board changes on record since 1982: 2 appointments. The latest: Abhay Suresh Parikh was appointed as Director on 16 Jan 1982.
Frequently asked questions
Paras Diamonds 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 16 January 1982 (44+ years old) and is registered under CIN U36912MH1982PTC026153.
Paras Diamonds has 2 current directors:
- Atul Kirtilal Parikh - Managing Director
- Abhay Suresh Parikh - Director
The latest financial statements of Paras 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 Paras Diamonds is 27AAACP2577N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paras Diamonds is U36912MH1982PTC026153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Diamonds was incorporated on 16 January 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhay Suresh Parikh was appointed as Director on 16 Jan 1982. Atul Kirtilal Parikh was appointed as Managing Director on 16 Jan 1982.
The registered office of Paras Diamonds is at Nagin Mahal 6th Fl82 Veer Nariman Rd Churchgate, Mumbai, Maharashtra, India – 400020.
Paras Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
The compliance status of Paras Diamonds is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
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