Suashish Diamonds Limited - Company Profile

Q: Who are the current directors of Suashish Diamonds Limited?

The current directors of Suashish Diamonds Limited are Vipul Amul Desai, Rajeshkumar Radhakishan Kedia, Ashish Rameshkumar Goenka, Ishan Ashish Goenka, Tejpal Jain, Srividya Babu Rao, Priyank Chamaria, Kausik Nath.

It is a consumer goods public limited company based in Borivlai East, Maharashtra, India, established in 1988.

1988 Borivlai East, Maharashtra, India Active

Last Updated: January 05, 2026

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About Suashish Diamonds Limited

Suashish Diamonds Limited, a active public limited company, was established on 05 October 1988 in Borivlai East, Maharashtra, India. Engaging in watches & jewelry manufacturing within the electricity, gas, steam and air condition supply sector, it holds CIN: U36900MH1988PLC049085. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹20.77 Cr.

It upholds a compliant status. Employing 728 professional, Its leadership includes Vipul Amul Desai (Director), Rajeshkumar Radhakishan Kedia (Whole-Time Director), Ashish Rameshkumar Goenka (Director). Past directors included Tejas Devendra Shah, Rajendra Prasad Nand Kishore Agarwal, Pawankumar Shyamsundar Bagla. It holds no open charges and ₹892.79 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 5Th Floor, B Wing, Suashish It Park, Cts No 68/E,, Off Dattapada Road, Rajendra Nagar, Opp. Tata Steel Co, Borivali East,, Borivlai East, Maharashtra, 400066.

Company Details

CIN/LLPIN
U36900MH1988PLC049085
Registration Number
049085
Incorporation Date
05 October 1988
Authorized Capital
₹45.00 Cr
Paid-Up Capital
₹20.77 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 45.00 Cr as on 05-01-2026
Paid Up Capital ₹ 20.77 Cr as on 05-01-2026
Company Age 37 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 892.79 Cr as on 05-01-2026
Revenue Growth **** 46.25% (FY 2024)
Profit Growth **** 242.72% (FY 2024)
Ebitda **** 111.15% (FY 2024)
Net Worth 26.58% (FY 2024)
Total Assets **** 18.83% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Suashish 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 Suashish Diamonds Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vipul Amul Desai	Director	14 Jun 2022	Current
Rajeshkumar Radhakishan Kedia	Whole-Time Director	11 Feb 2012	Current
Ashish Rameshkumar Goenka	Director	07 Jun 2011	Current
Ishan Ashish Goenka	Additional Director	12 Nov 2024	Current
Srividya Babu Rao	Director	01 Dec 2016	Current
Priyank Chamaria	Additional Director	10 Dec 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	01 Nov 2017	Past
Pramod Abcsdd	Company Secretary	01 Aug 2010	Past
Pramod Abcsdd	Whole-Time Director	03 Nov 2019	Past
Pramod Abcsdd	Director	26 Feb 2009	Past
Pramod Abcsdd	Additional Director	05 Jul 2011	Past
Pramod Abcsdd	Additional Director	27 Sep 2013	Past

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Financial Performance of Suashish Diamonds.

Suashish Diamonds Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 46.25% increase. The company also saw a substantial improvement in profitability, with a 242.72% increase in profit. The company's net worth Soared by an impressive increase of 26.58%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

46.25%

*******

Revenue from Operations

*******

5.56%

*******

Total Assets

*******

18.83%

*******

Profit or Loss

*******

242.72%

*******

Net Worth

*******

26.58%

*******

EBITDA

*******

111.15%

*******

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What is the Ownership and Shareholding Structure of Suashish Diamonds?

In 2024, Suashish Diamonds had a promoter holding of 99.80% and a public holding of 0.19%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8,927,900,000.00

Charges Breakdown by Lending Institutions

Centbank Financial Services Limited : 850.00 Cr
Standard Chartered Bank : 13.00 Cr
State Bank Of Saurastra : 12.73 Cr
Uti Bank Ltd. : 6.40 Cr
The Vysta Bank Ltd : 4.90 Cr
Others : 5.76 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Jun 1998	Centbank Financial Services Limited	₹425.00 Cr	Satisfied
13 Jun 1997	Standard Chartered Bank	₹13.00 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

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How Many Employees Work at Suashish Diamonds?

Suashish Diamonds has a workforce of 728 employees as of Nov 05, 2025. 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Suashish 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 Suashish Diamonds's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Suashish Diamonds

Recent Activity within the Organization

Annual General Meeting

Progress on Suashish Diamonds Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

Progress on Suashish Diamonds Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Kausik Nath was appointed as a Company Secretary was appointed as a Company Secretary on 17 Feb 2025 & has been associated with this company since 1 year 27 days . was recorded as a recent event.
17 Feb 2025
Director Appointment

The activity Priyank Chamaria was appointed as a Additional Director was appointed as a Additional Director on 10 Dec 2024 & has been associated with this company since 1 year 3 months . was completed.
10 Dec 2024
Director Appointment

Progress on Ishan Ashish Goenka was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 1 year 4 months . was documented.
12 Nov 2024
Director Appointment

Progress on Vipul Amul Desai was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 3 years 9 months . was documented.
14 Jun 2022

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