MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-18-0166537
Raise Diamond Private Limited
Raise Diamond Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹70.23 Lakh
▼ 33% YoY
Net profit · FY 2022
₹1.13 Lakh
Net margin 1.6%
EBITDA · FY 2022
₹8.75 Lakh
EBITDA margin 12.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Raise Diamond Private Limited
Data last updated:
Raise Diamond 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 12 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2010PTC208892. Its GSTIN is 27AAECK1556G1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Kuber Realty Private Limited. It is led by directors Dipesh Vinaychand Barbhaya and Payal Dipesh Barbhaya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 502 Bldg No 4 Jeevan Chs Ltd Patel Nagar Off M.G.Road No 4 Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2022, the company reported a revenue of ₹70.23 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 1.6%) and EBITDA of ₹8.75 Lakh (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 84% over five years.
Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 3 cases are pending.
Raise Diamond Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0166537). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U74999MH2010PTC208892
Registration Number 208892
Incorporation Date 12 October 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0166537
CIN history
Raise Diamond has one previous CIN (Corporate Identification Number): U45202MH2010PTC208892. The current CIN is U74999MH2010PTC208892, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2010PTC208892 | Current |
| U45202MH2010PTC208892 | Previous |
Recognitions & Rankings of Raise Diamond
Contact details
Raise Diamond Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address502 Bldg No 4 Jeevan Chs Ltd Patel Nagar Off M.G.Road No 4 Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Raise Diamond Private Limited, buy the company report.
Comprehensive company report
Raise Diamond 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
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Business activity
The main business activity of Raise Diamond 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 Raise Diamond Private Limited, buy the company report.
Financials of Raise Diamond Private Limited
FY 2022 filings availableRaise Diamond Private Limited reported revenue of ₹70.23 Lakh (down 33% YoY) for FY 2022.
Revenue · FY 2022
₹70.23 Lakh ▼ 33%
Net profit · FY 2022
₹1.13 Lakh margin 1.6%
EBITDA · FY 2022
₹8.75 Lakh margin 12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 50%
5 years · compounded
▲ 84%
EBITDA CAGR growth
3 years · compounded
▲ 42%
5 years · compounded
▲ 53%
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | |||||
| EBITDA | ₹8.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Raise Diamond Private Limited, buy the company report.
Board of directors of Raise Diamond Private Limited
Raise Diamond has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipesh Vinaychand Barbhaya | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Payal Dipesh Barbhaya Also directs: Nova Consumer Products Private Limited, Caratline Gems Private Limited, Star Alliance Pharmaceuticals LLP and 1 more | Director | 28 Jun 2022 | 4 Years 3 Months | Current |
Peer comparison
Raise Diamond Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BR Diamond House (India) Private Limited | ₹71.22 Lakh (FY 2025) | 1646.0% | Hyderabad, Telangana, India | |||
| Constell Manufacturing Private Limited | ₹70.99 Lakh (FY 2025) | -55.0% | Mumbai, Maharashtra, India | |||
| Raise Diamond Private Limitedthis company | ₹70.23 Lakh (FY 2022) | ₹1.13 Lakh | 1.6% | -33.0% | Mumbai, Maharashtra, India | |
| Dileep Jewel Private Limited | ₹68.96 Lakh (FY 2025) | -5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Raise Diamond Private Limited, buy the company report.
Auditor
Raise Diamond Private Limited is audited by RAKESH R AGARWAL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH R AGARWAL & ASSOCIATES | FY 2021 | 119168W |
Shareholding
The shareholding of Raise Diamond Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Raise Diamond Private Limited, buy the company report.
Legal cases
Raise Diamond Private Limited has 7 court cases on record: 3 filed by Raise Diamond, 4 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by an individual | Disposed |
To see the full case history of Raise Diamond 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raise Diamond Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raise Diamond has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK1556G1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raise Diamond Private Limited, buy the company report.
Recent activity
Raise Diamond Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Payal Dipesh Barbhaya was appointed as Director on 28 Jun 2022.
AGM
Raise Diamond Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Appointed
Payal Dipesh Barbhaya was appointed as Director.
Ceased
Pratima Vinod Sharma ceased to be Director.
Filing
Raise Diamond Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Radhesyam Shyamnarayan Kahar ceased to be Additional Director.
Ceased
Jayprakash Janmashankar Mehta ceased to be Additional Director.
Appointed
Dipesh Vinaychand Barbhaya was appointed as Director.
Ceased
Dipesh Vinaychand Barbhaya ceased to be Director.
Ceased
Sandip Keshav Pawar ceased to be Additional Director.
Ceased
Payal Dipesh Barbhaya ceased to be Director.
Ceased
Shellim Solomon Joseph ceased to be Director.
Ceased
Thangaraj Ramesh Parayar ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Raise Diamond 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 12 October 2010 (16+ years old) and is registered under CIN U74999MH2010PTC208892.
Raise Diamond has 2 current directors:
- Dipesh Vinaychand Barbhaya - Director
- Payal Dipesh Barbhaya - Director
The latest financial statements of Raise Diamond on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Raise Diamond is 27AAECK1556G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Raise Diamond is U74999MH2010PTC208892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raise Diamond has 7 court cases on record: 3 filed by the company and 4 filed against it. 3 are pending.
Raise Diamond was incorporated on 12 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Raise Diamond by revenue are BR Diamond House (India) Private Limited, Constell Manufacturing Private Limited, Dileep Jewel Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Payal Dipesh Barbhaya was appointed as Director on 28 Jun 2022. Pratima Vinod Sharma ceased to be Director on 28 Jun 2022. Radhesyam Shyamnarayan Kahar ceased to be Additional Director on 01 Dec 2021. Raise Diamond has 10 board changes on record in total.
Yes, Raise Diamond is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0166537).
The registered office of Raise Diamond is at 502 Bldg No 4 Jeevan Chs Ltd Patel Nagar Off M.G.Road No 4 Kandivali West, Mumbai, Maharashtra, India – 400067.