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Sovereign Diamonds Limited - Company Profile

It is a consumer goods public limited company based in Mumbai, Maharashtra, India, established in 1974.

1974 | Mumbai, Maharashtra, India | Active
Last Updated:

About Sovereign Diamonds Limited

Sovereign Diamonds Limited, a active public limited company, was established on 31 May 1974 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the manufacturing sector, it holds CIN: L36912MH1974PLC017505. Registered under ROC Roc Mumbai. it is listed on BSE: 523826. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.79 Cr.

Formerly known as Hotchand Hiranand Private Limited, Hotchand Hiranand Limited. It upholds a compliant status. In 2023, it reported revenue of ₹29.07 Cr and a net worth of ₹15.53 Cr. Employing 36 professional, Its leadership includes Jigar Mahesh Darji (Director), Arundhati Raju Mali (Cfo), Narasinha Narayan Pal (Director). Past directors included Vijay Goverdhandas Kalantri, Deepika Ajay Gehani, Kundapur Mohanram Pai. It holds ₹14.30 Cr open charges and ₹17.00 Cr settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at 11-A, Mahal Industrial Estate, Mahakali Caves Road, Andheri (E),, Mumbai, Maharashtra, 400093.

Company Details

  • CIN/LLPIN

    L36912MH1974PLC017505

  • Registration Number

    017505

  • Incorporation Date

    31 May 1974

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹5.79 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 523826)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.79 Cr
  • Company Age 51 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14.30 Cr
  • Satisfied Charges ₹ 17.00 Cr
  • Revenue Growth 23.33%
  • Profit Growth 5.85%
  • Ebitda 13.51%
  • Net Worth 9.98%
  • Total Assets 11.44%
Company report

Sovereign Diamonds Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sovereign Diamonds Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sovereign Diamonds Limited?

Current Directors

NameDesignationAppointment DateStatus
Jigar Mahesh DarjiDirector14 Aug 2024Current
Arundhati Raju MaliCfo08 Feb 2019Current
Narasinha Narayan PalDirector01 Apr 2024Current
Ajay GehaniManaging Director24 Nov 1984Current
Sumer GehaniDirector12 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector13 Aug 2011Past
Pramod AbcsddCfo(Kmp)08 Feb 2019Past
Pramod AbcsddDirector01 Apr 2024Past
Pramod AbcsddAdditional Director25 Sep 2024Past
Pramod AbcsddDirector01 Apr 2024Past
Pramod AbcsddDirector20 Oct 2008Past

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Financial Performance of Sovereign Diamonds.

Sovereign Diamonds Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.33% increase. The company also saw a slight improvement in profitability, with a 5.85% increase in profit. The company's net worth moved up by a moderate rise of 9.98%.

Sovereign Diamonds revenue growth over time
Sovereign Diamonds profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.33%
Revenue from Operations
21.36%
Total Assets
11.44%
Profit or Loss
5.85%
Net Worth
9.98%
EBITDA
13.51%

What is the Ownership and Shareholding Structure of Sovereign Diamonds?

In 2023, Sovereign Diamonds had a promoter holding of 65.01% and a public holding of 34.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹143,000,000.00

Satisfied Charges

₹170,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 14.30 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2019Hdfc Bank Limited₹14.30 CrOpen
26 Apr 1999Corproation Bank₹17.00 CrSatisfied

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How Many Employees Work at Sovereign Diamonds?

Sovereign Diamonds has a workforce of 36 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sovereign Diamonds Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sovereign Diamonds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sovereign Diamonds's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sovereign Diamonds

Recent Activity within the Organization

  • Annual General Meeting

    Sovereign Diamonds Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Sumer Gehani was appointed as a Director was appointed as a Director on 12 Aug 2025 & has been associated with this company since 3 months 21 days . was completed.

  • Balance Sheet

    The activity Sovereign Diamonds Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Jigar Mahesh Darji was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Director Appointment

    The activity Narasinha Narayan Pal was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 8 months . was completed.

  • Director Appointment

    Progress on Akshay Jain was appointed as a Company Secretary was appointed as a Company Secretary on 04 May 2021 & has been associated with this company since 4 years 6 months . was documented.

Frequently Asked Questions

  • What is the CIN of Sovereign Diamonds Limited?

    The CIN of Sovereign Diamonds Limited is L36912MH1974PLC017505.

  • Where is Sovereign Diamonds Limited headquartered?

    Sovereign Diamonds Limited is headquartered at 11-A, Mahal Industrial Estate, Mahakali Caves Road, Andheri (E),, Mumbai, Maharashtra, 400093.

  • When was Sovereign Diamonds Limited incorporated?

    Sovereign Diamonds Limited was incorporated on 31 May 1974.

  • Who are the current directors of Sovereign Diamonds Limited?

    The current directors of Sovereign Diamonds Limited are

  • What is the primary industry of Sovereign Diamonds Limited?

    The primary industry of Sovereign Diamonds Limited is Manufacturing.

  • Is Sovereign Diamonds Limited a listed company?

    Sovereign Diamonds Limited is listed. It is listed on BSE: 523826.

  • What is the capital structure of Sovereign Diamonds Limited?

    The authorized capital of Sovereign Diamonds Limited is ₹6.00 Cr, and the paid-up capital is ₹5.79 Cr.

  • What is the compliance status of Sovereign Diamonds Limited?

    The compliance status of Sovereign Diamonds Limited is Compliant.

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