About R S Diamonds Private Limited
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R S Diamonds 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 17 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27205MH2006PTC158969. Its GSTIN is 27AADCR2142J1ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12.2 Cr and a paid-up capital of ₹11.27 Cr. It was formerly known as R S Diamond Private Limited. It is led by directors including Jignesh Nikunj Mehta and Shailen Nikunj Mehta.
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 Naman Midtown Office No.1402 A Wing Senapati Bapat Marg Elphinstone Road, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.54 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹10.34 Cr (net margin -9.8%) and EBITDA of -₹10.76 Cr (EBITDA margin -10.2%).
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Divine Solitaires. The company has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹15.6 Cr; the latest was in March 2023. The company has 11 MSME Form 1 returns on record between 2018 and 2023, listing 284 overdue payments to 24 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divinesolitaires.com.
Company details
CIN history
R S Diamonds has one previous CIN (Corporate Identification Number): U99999MH2006PTC158969. The current CIN is U27205MH2006PTC158969, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27205MH2006PTC158969 | Current |
| U99999MH2006PTC158969 | Previous |
Contact details
R S Diamonds Private Limited's registered office is in Mumbai, Maharashtra. Its website is divinesolitaires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNaman Midtown Office No.1402 A Wing Senapati Bapat Marg Elphinstone Road, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of R S 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
Brands
R S Diamonds operates one associated brand: Divine Solitaires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solitaire diamond rings with digital origin tracking are offered seasonally. | divinesolitaires.com |
Business activity
The main business activity of R S 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 R S Diamonds Private Limited, buy the company report.
Financials of R S Diamonds Private Limited
FY 2025 filings availableR S Diamonds Private Limited reported revenue of ₹105.54 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA fell 127% in the latest 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 | -₹10.76 Cr | ||||
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| Net Profit (PAT) | -₹10.34 Cr | ||||
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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 | -10.2% | ||||
| Net Profit Margin | -9.8% | ||||
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To see the full financial statements and ratios of R S Diamonds Private Limited, buy the company report.
Board of directors of R S Diamonds Private Limited
R S Diamonds has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Nikunj Mehta | Director | 12 Jan 2006 | 20 Years 9 Months | Current |
| Shailen Nikunj Mehta Also directs: Ejohri Jewel Hub Private Limited | Director | 12 Jan 2006 | 20 Years 9 Months | Current |
| Manish Vijaykumar Mehta | Additional Director | 16 Oct 2025 | 1 Years 0 Months | Current |
| Aashay Mehta Manish Also directs: Imaginarium ( India ) Private Limited, Ejohri Jewel Hub Private Limited, Medipolis Developers LLP and 5 more | Additional Director | 16 Oct 2025 | 1 Years 0 Months | Current |
Auditor
R S Diamonds Private Limited is audited by NIRAV KOTECHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV KOTECHA & CO. | FY 2023 | 146580W |
Shareholding
The shareholding of R S 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R S Diamonds Private Limited, buy the company report.
Deals & funding
R S Diamonds Private Limited has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹15.6 Cr; the latest was in March 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Shivraj Sales Private Limited Seller: Concept Communication Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: BCCL Seller: 2 individuals |
| Aug 2016 | Funding round | ₹1.14 Cr | Investors: Vega Jeweldiam Private Limited , Concept Communication Limited , 2 individuals |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2014 | Funding round | ₹3.99 Cr | Investors: Concept Communication Limited |
To see the full deal history of R S 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.
Legal cases
No court or tribunal cases involving R S Diamonds Private Limited 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
R S Diamonds Private Limited has 11 MSME Form 1 returns on record between 2018 and 2023, listing 284 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mobio Solutions Pvt Ltd | |||
| Haptiq Lab Private Limited | |||
| Exceloid Soft Systems Private Limited | |||
| Asia Pacific Systems | |||
| an individual supplier |
To see the full MSME payment records of R S Diamonds Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
R S Diamonds Private Limited has a workforce of 59 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
R S Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR2142J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R S Diamonds Private Limited, buy the company report.
Recent activity
R S Diamonds Private Limited has 4 board changes on record since 2006: 4 appointments. The latest: Aashay Mehta Manish was appointed as Additional Director on 16 Oct 2025.
Frequently asked questions
R S 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 17 January 2006 (20+ years old) and is registered under CIN U27205MH2006PTC158969.
R S Diamonds has 4 current directors:
- Jignesh Nikunj Mehta - Director
- Shailen Nikunj Mehta - Director
- Manish Vijaykumar Mehta - Additional Director
- Aashay Mehta Manish - Additional Director
The latest financial statements of R S 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 R S Diamonds is 27AADCR2142J1ZG, 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 R S Diamonds is U27205MH2006PTC158969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R S Diamonds was incorporated on 17 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
R S Diamonds has 9 deals on record (6 funding rounds, 3 secondary share transfers), with disclosed funding of ₹15.6 Cr; the latest was in March 2023.
Aashay Mehta Manish was appointed as Additional Director on 16 Oct 2025. Manish Vijaykumar Mehta was appointed as Additional Director on 16 Oct 2025. Jignesh Nikunj Mehta was appointed as Director on 12 Jan 2006. R S Diamonds has 4 board changes on record in total.
R S Diamonds has 11 MSME Form 1 returns on record between 2018 and 2023, listing 284 overdue payments to 24 micro and small suppliers. The latest return was filed on 01 Dec 2023.
R S Diamonds can be reached through the website divinesolitaires.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of R S Diamonds is at Naman Midtown Office No.1402 A Wing Senapati Bapat Marg Elphinstone Road, Mumbai, Maharashtra, India – 400013.
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