About Suashish Diamonds Limited
Data last updated: 05 January 2026
Suashish Diamonds Limited is a public limited company based in Borivlai East, Maharashtra, India. It specialises in watches and jewelry manufacturing, a part of the broader consumer goods sector. Incorporated on 05 October 1988, the company has been in operation for over 38 years.
Registered with ROC Mumbai under CIN U36900MH1988PLC049085.
Capital: an authorised share capital of ₹45 Cr and a paid-up capital of ₹20.77 Cr. It is led by directors including Vipul Amul Desai and Rajeshkumar Radhakishan Kedia.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5Th Floor B Wing Suashish It Park, Borivlai East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹981.24 Cr, a decline of 21% compared to the previous year.
The company has a workforce of approximately 728 employees as per the latest available data.
The company is associated with 2 brands - Radiant Bay, Suashish. As per MCA filings, the company has satisfied charges of ₹892.79 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suashish.com.
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Registered Address5Th Floor B Wing Suashish It Park Cts No 68/E, Off Dattapada Road Rajendra Nagar Opp. Tata Steel Co Borivali East, Borivlai East, Maharashtra, India – 400066
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IndustryConsumer Goods, Watches & Jewelry Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Suashish Diamonds Limited
Suashish Diamonds Limited has one previous CIN (Corporate Identification Number): L36900MH1988PLC049085. The current CIN is U36900MH1988PLC049085, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36900MH1988PLC049085 | Current |
| L36900MH1988PLC049085 | Previous |
Associated Brands with Suashish Diamonds Limited
Suashish Diamonds Limited operates two associated brands: Radiant Bay and Suashish. These brands represent Suashish Diamonds Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specializes in an online platform for diamond jewelry sales and related products. | radiantbay.com | |
| Conglomerate involved in Jewellery trading, realestate & investments in private startups | suashish.com |
Competitors & Alternatives of Suashish Diamonds Limited
Brands and companies operating in the same space as Suashish Diamonds Limited include GIVA, BlueStone, CaratLane and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
GIVA
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Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | Bengaluru, India, India | 2019 |
BlueStone
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Subscription-based jewelry is provided by digital-first brand BlueStone. | Bengaluru, India, India | 2011 |
CaratLane
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Precious jewelry is offered online for men and women. | Chennai, India, India | 2008 |
Melorra
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Precious jewelry is offered online by this internet-first brand. | Bengaluru, India, India | 2015 |
Fourseven
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Online platform offering designer jewellery | Gurugram, India, India | 2012 |
Aulerth
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Precious jewelry is offered through an online platform. | Gurugram, India, India | 2021 |
Tribe Amrapali
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Provides online sales of handcrafted traditional, tribal, and contemporary jewellery designs. | Jaipur, India, India | 2013 |
Trisu
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Multi-category jewelry for women is provided by Trisu. | Gurugram, India, India | 2023 |
Shyle
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Silver jewelry collections are offered via an online platform. | Jaipur, India, India | 2016 |
Business Activity of Suashish Diamonds Limited
Suashish Diamonds Limited is engaged in principal business activities including manufacturing and electricity, gas, steam and air condition supply, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, electric power generation, transmission and distribution. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Suashish Diamonds Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Suashish Diamonds Limited
Suashish Diamonds Limited is audited by P Y S & CO LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P Y S & CO LLP | Locked | Locked | Locked |
Complete auditor history for Suashish Diamonds Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Suashish Diamonds Limited
Suashish Diamonds Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vipul Amul Desai
Also directs:
Suashish Diamonds Limited, Sonal Adhesives Limited, Triochem Products Limited and 2 more
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Director | 14 Jun 2022 | 4 Years 1 Months | Current |
| Rajeshkumar Radhakishan Kedia | Whole-Time Director | 11 Feb 2012 | 14 Years 5 Months | Current |
| Ashish Rameshkumar Goenka | Director | 07 Jun 2011 | 15 Years 1 Months | Current |
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Ishan Ashish Goenka
Also directs:
Suashish Diamonds Limited
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Additional Director | 12 Nov 2024 | 1 Years 8 Months | Current |
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Srividya Babu Rao
Also directs:
Suashish Diamonds Limited
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Director | 01 Dec 2016 | 9 Years 7 Months | Current |
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Priyank Chamaria
Also directs:
Suashish Diamonds Limited
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Additional Director | 10 Dec 2024 | 1 Years 7 Months | Current |
Financials of Suashish Diamonds Limited FY 2025 filings available
Suashish Diamonds Limited reported revenue of ₹981.24 Cr (down 21.00% YoY) for FY 2025.
Ten-year financial statements for Suashish Diamonds Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Suashish Diamonds Limited
Shareholding and ownership data for Suashish Diamonds Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Suashish Diamonds Limited
Suashish Diamonds Limited has 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Suashish Diamonds Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Suashish Diamonds Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 1998 | Centbank Financial Services Limited | ₹425 Cr | Satisfied |
| 13 Jun 1997 | Standard Chartered Bank | ₹13 Cr | Satisfied |
| 23 Mar 1995 | Central Bank of India | ₹1.73 Cr | Satisfied |
| 21 Feb 1995 | The Vysta Bank Ltd | ₹3.05 Cr | Satisfied |
| 21 Feb 1995 | The Vysta Bank Ltd | ₹1.85 Cr | Satisfied |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Suashish Diamonds Limited
Suashish Diamonds Limited has a workforce of 728 employees as of Nov 05, 2025.
Employee and EPFO history for Suashish Diamonds Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Suashish Diamonds Limited
GST registrations and filing compliance for Suashish Diamonds Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Suashish Diamonds Limited
Credit ratings, litigation, and regulatory alerts for Suashish Diamonds Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Suashish Diamonds Limited
MSME payment history for Suashish Diamonds Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Suashish Diamonds Limited
Corporate group structure for Suashish Diamonds Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Suashish Diamonds Limited
MCA filings and documents for Suashish Diamonds Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Suashish Diamonds Limited
Recent News on Suashish Diamonds Limited
Frequently Asked Questions about Suashish Diamonds Limited
Suashish Diamonds Limited is an active public limited company in the consumer goods sector based in Borivlai East, Maharashtra, India. It was incorporated on 05 October 1988 (38+ years old) and is registered under CIN U36900MH1988PLC049085. The company has 728 employees.
Suashish Diamonds Limited reported revenue of ₹981.24 Cr for FY 2025 (down 21.00% YoY).
The current directors of Suashish Diamonds Limited are:
- Vipul Amul Desai - Director
- Rajeshkumar Radhakishan Kedia - Whole-Time Director
- Ashish Rameshkumar Goenka - Director
- Ishan Ashish Goenka - Additional Director
- Srividya Babu Rao - Director
- Priyank Chamaria - Additional Director
The primary industry of Suashish Diamonds Limited is consumer goods. The company specifically operates in watches and jewelry manufacturing. The company is currently active in this sector.
Suashish Diamonds Limited can be reached at the registered office: 5Th Floor B Wing Suashish It Park Cts No 68E, Off Dattapada Road Rajendra Nagar Opp. Tata Steel Co Borivali East, Borivlai East, Maharashtra, India – 400066, or through the website suashish.com.
The authorised capital is ₹45 Cr, and the paid-up capital is ₹20.77 Cr.