MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0010920
Stepin Diamond Private Limited - consumer goods in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.43 Lakh
▼ 97% YoY
Net loss · FY 2025
₹85.22 Lakh
Net margin -216.1%
EBITDA · FY 2025
-₹77.52 Lakh
EBITDA margin -196.6%
Authorised capital
₹2.5 Lakh
Registered with MCA
Paid-up capital
₹2.04 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
6
Provident fund records
Directors on board
5
As per MCA filings
About Stepin Diamond Private Limited
Data last updated:
Stepin Diamond 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 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36996GJ2013PTC074774. Its GSTIN is 24AATCS0449R1ZJ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors including Falak Dilip Shah and Vipulkumar Hiralal Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.43 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹85.22 Lakh (net margin -216.1%) and EBITDA of -₹77.52 Lakh (EBITDA margin -196.6%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 56% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
Stepin Diamond Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0010920). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stepinltd.com.
Company details
CIN U36996GJ2013PTC074774
Registration Number 074774
Incorporation Date 30 April 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0010920
Key People
Falak Dilip Shah Director Vipulkumar Hiralal Shah Director Milankumar Keshavlal Shah Director Recognitions & Rankings of Stepin Diamond
Contact details
Stepin Diamond Private Limited's registered office is in Surat, Gujarat. Its website is stepinltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.6/1376 Office – 201 – 202 2nd Floor, Supaswa Apartment Front Side Thobha Sheri, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Stepin Diamond Private Limited, buy the company report.
Comprehensive company report
Stepin 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Stepin 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 Stepin Diamond Private Limited, buy the company report.
Financials of Stepin Diamond Private Limited
FY 2024 filings availableStepin Diamond Private Limited reported revenue of ₹39.43 Lakh (down 97% YoY) for FY 2025.
Revenue · FY 2025
₹39.43 Lakh ▼ 97%
Net loss · FY 2025
₹85.22 Lakh margin -216.1%
EBITDA · FY 2025
-₹77.52 Lakh margin -196.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 78%
5 years · compounded
▼ 56%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▼ 39%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 97% fall in the latest year. EBITDA rose 62% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹77.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹85.22 Lakh | ||||
| Balance Sheet | |||||
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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 | -196.6% | ||||
| Net Profit Margin | -216.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Stepin Diamond Private Limited, buy the company report.
Board of directors of Stepin Diamond Private Limited
Stepin Diamond has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Falak Dilip Shah | Director | 21 Jun 2017 | 9 Years 4 Months | Current |
| Vipulkumar Hiralal Shah | Director | 22 Nov 2013 | 12 Years 11 Months | Current |
| Milankumar Keshavlal Shah | Director | 22 Nov 2013 | 12 Years 11 Months | Current |
| Yash Dilip Shah | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Sonal Dilip Shah | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Stepin Diamond Private Limited is audited by NDJ & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NDJ & Co | FY 2023 | 136345W |
Shareholding
The shareholding of Stepin Diamond 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Stepin Diamond Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Stepin Diamond 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
Stepin Diamond Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 52 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| RSM Astute Consultech Private Limited | |||
| Lavasa Diamonds | |||
| Kapadia Global Actuaries | |||
| Malca-Amit JK Logistics Private Limited | |||
| Jasraj Kalianji & Co. |
To see the full MSME payment records of Stepin Diamond Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stepin Diamond Private Limited has a workforce of 6 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-25%
GST
Stepin Diamond has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCS0449R1ZJ | Gujarat | Active | 01 Jul 2017 |
| 27AATCS0449R1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stepin Diamond Private Limited, buy the company report.
Recent activity
Stepin Diamond Private Limited has 7 board changes on record since 2013: 5 appointments and 2 cessations. The latest: Sonal Dilip Shah was appointed as Director on 22 Mar 2023.
AGM
Stepin Diamond Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Stepin Diamond Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Sonal Dilip Shah was appointed as Director.
Appointed
Yash Dilip Shah was appointed as Director.
Appointed
Falak Dilip Shah was appointed as Director.
Ceased
Chaitaliben Vipulkumar Shah ceased to be Director.
Ceased
Kejal Milan Shah ceased to be Director.
Appointed
Milankumar Keshavlal Shah was appointed as Director.
Appointed
Vipulkumar Hiralal Shah was appointed as Director.
Incorporation
30 Apr 2013
Stepin Diamond Private Limited was registered on 30 Apr 2013 with Roc Ahmedabad & aged 13 years 5 months as per MCA records.
Frequently asked questions
Stepin Diamond 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 30 April 2013 (13+ years old) and is registered under CIN U36996GJ2013PTC074774.
Stepin Diamond has 5 current directors:
- Falak Dilip Shah - Director
- Vipulkumar Hiralal Shah - Director
- Milankumar Keshavlal Shah - Director
- Yash Dilip Shah - Director
- Sonal Dilip Shah - Director
The latest financial statements of Stepin Diamond on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Stepin Diamond is 24AATCS0449R1ZJ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AATCS0449R1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Stepin Diamond is U36996GJ2013PTC074774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stepin Diamond was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sonal Dilip Shah was appointed as Director on 22 Mar 2023. Yash Dilip Shah was appointed as Director on 30 Nov 2021. Falak Dilip Shah was appointed as Director on 21 Jun 2017. Stepin Diamond has 7 board changes on record in total.
Yes, Stepin Diamond is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0010920).
Stepin Diamond has 6 MSME Form 1 returns on record between 2019 and 2022, listing 52 overdue payments to 19 micro and small suppliers. The latest return was filed on 30 Jul 2022.
Stepin Diamond can be reached through the website stepinltd.com. Its registered office is in Surat, Gujarat, India.
The registered office of Stepin Diamond is at H.No.61376 Office – 201 – 202 2nd Floor, Supaswa Apartment Front Side Thobha Sheri, Surat, Gujarat, India – 395003.