MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0188276
Subir Diamonds Private Limited
Subir Diamonds Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.08 Cr
▼ 64% YoY
Net profit · FY 2025
₹1.73 Cr
Net margin 5.9%
EBITDA · FY 2025
₹2.07 Cr
EBITDA margin 7.1%
Authorised capital
₹2.17 Cr
Registered with MCA
Paid-up capital
₹46 Lakh
Issued & subscribed
Open charges
₹10.82 Cr
Secured borrowings
Company age
44 yrs
Est. 1982
Directors on board
3
As per MCA filings
About Subir Diamonds Private Limited
Data last updated:
Subir Diamonds 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 27 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36912MH1982PTC028980. Its GSTIN is 27AAACS6287Q1ZI (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.17 Cr and a paid-up capital of ₹46 Lakh. It is led by directors including Nirav Prabodh Mehta and Priya Nirav Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.08 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Cr (net margin 5.9%) and EBITDA of ₹2.07 Cr (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹10.82 Cr on record.
Subir Diamonds Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0188276). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Subir Diamonds Private Limited
CIN U36912MH1982PTC028980
Registration Number 028980
Incorporation Date 27 December 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0188276
Key People
Nirav Prabodh Mehta Director Priya Nirav Mehta Director Sujit Sureshchandra Mehta Director Recognitions & Rankings of Subir Diamonds
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAw 2022 'A' Tower 2nd Floor Bharat Diamond Bourse Bandra – Kurlacomple, X Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
Comprehensive company report
Subir Diamonds 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 Subir Diamonds is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Subir Diamonds Private Limited
FY 2025 filings availableSubir Diamonds Private Limited reported revenue of ₹29.08 Cr (down 64% YoY) for FY 2025.
Revenue · FY 2025
₹29.08 Cr ▼ 64%
Net profit · FY 2025
₹1.73 Cr margin 5.9%
EBITDA · FY 2025
₹2.07 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 32%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 12%
5 years · compounded
▲ 24%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 64% fall in the latest year. EBITDA fell 5% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹2.07 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.73 Cr | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.1% | |
| Net Profit Margin | 5.9% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Subir Diamonds are in the company report.
: available in the company report
Board of Directors of Subir Diamonds Private Limited
Subir Diamonds has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Prabodh Mehta Also directs: Basic Instinct Investment Advisors LLP, Diavest Commercials LLP | Director | 31 Oct 1994 | 31 Years 11 Months | Current |
| Priya Nirav Mehta Also directs: Diavest Commercials LLP | Director | 01 Jul 2002 | 24 Years 3 Months | Current |
| Sujit Sureshchandra Mehta Also directs: Basic Instinct Investment Advisors LLP | Director | 04 Nov 2009 | 16 Years 11 Months | Current |
Peer Comparison
Subir Diamonds Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gopnath Gold Mint Private Limited | ₹29.51 Cr (FY 2025) | •••• | •••• | 378843.0% | •••• | Sanand, Gujarat, India |
| Thakorlal Hiralal Exports Private Limited | ₹29.48 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Subir Diamonds Private Limited this company | ₹29.08 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
| Aadinath Merchandise Private Limited | ₹29 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Surat, Gujarat, India |
Peers are the companies nearest to Subir Diamonds by revenue, above and below it, in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Subir Diamonds Private Limited is audited by K. P. Mehta & Co., for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. P. Mehta & Co., | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹10.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2013 | Oriental Bank of Commerce | ₹7.37 Lakh | Open |
| 07 Apr 1997 | Oriental Bank of Commerce | ₹10.75 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Subir Diamonds.
: available in the company report
Recent Activity
Subir Diamonds Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Sujit Sureshchandra Mehta was appointed as Director on 04 Nov 2009.
AGM
Subir Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Subir Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Oriental Bank Of Commerce of Rs. 10.75 Cr registered on 07 Apr 1997 with Charge ID 80006774 was modified on 16 May 2014.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 0.07 Cr with Charge ID 10456625 was registered on 14 Sep 2013.
Appointed
Sujit Sureshchandra Mehta was appointed as Director.
Appointed
Priya Nirav Mehta was appointed as Director.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 10.75 Cr with Charge ID 80006774 was registered on 07 Apr 1997.
Appointed
Nirav Prabodh Mehta was appointed as Director.
Incorporation
27 Dec 1982
Subir Diamonds Private Limited was registered on 27 Dec 1982 with Roc Mumbai I & aged 43 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Subir Diamonds has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6287Q1ZI | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Subir Diamonds 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 27 December 1982 (44+ years old) and is registered under CIN U36912MH1982PTC028980.
Subir Diamonds has 3 current directors:
- Nirav Prabodh Mehta - Director
- Priya Nirav Mehta - Director
- Sujit Sureshchandra Mehta - Director
The latest financial statements of Subir Diamonds on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Subir Diamonds is 27AAACS6287Q1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Subir Diamonds is U36912MH1982PTC028980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Subir Diamonds was incorporated on 27 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Subir Diamonds by revenue are Gopnath Gold Mint Private Limited, Thakorlal Hiralal Exports Private Limited, Aadinath Merchandise Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (wholesale trading).
Sujit Sureshchandra Mehta was appointed as Director on 04 Nov 2009. Priya Nirav Mehta was appointed as Director on 01 Jul 2002. Nirav Prabodh Mehta was appointed as Director on 31 Oct 1994.
Yes, Subir Diamonds is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0188276).
The registered office of Subir Diamonds is at Aw 2022 A Tower 2nd Floor Bharat Diamond Bourse Bandra – Kurlacomple, X Bandra E, Mumbai, Maharashtra, India – 400051.
Subir Diamonds operates in the consumer goods industry, in the watches and jewelry manufacturing segment.