MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0083983
V-Diam Gems Private Limited.
V-Diam Gems Private Limited. - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.9 Cr
▲ 4% YoY
Net loss · FY 2024
₹15.65 Lakh
Net margin -1%
EBITDA · FY 2024
-₹11.31 Lakh
EBITDA margin -0.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹26.5 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹79.2 Lakh
Company age
18 yrs
Est. 2008
Directors on board
4
As per MCA filings
About V-Diam Gems Private Limited.
Data last updated:
V-Diam Gems Private Limited. is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 23 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2008PTC187007. Its GSTIN is 27AACCV8653K1ZR (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26.5 Lakh. It is led by directors including Viral Dilip Shah and Nirvee Viral Shah.
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 Je – 8010 Bharat Diamond Bourse G – Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.9 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹15.65 Lakh (net margin -1%) and EBITDA of -₹11.31 Lakh (EBITDA margin -0.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹79.2 Lakh on record.
V-Diam Gems Private Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0083983). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36911MH2008PTC187007
Registration Number 187007
Incorporation Date 23 September 2008
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 Small
Udyam Registration UDYAM-MH-18-0083983
Recognitions & Rankings of V-Diam Gems Private Limited
Contact details
V-Diam Gems Private Limited.'s registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressJe – 8010 Bharat Diamond Bourse G – Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of V-Diam Gems Private Limited., buy the company report.
Comprehensive company report
V-Diam Gems 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 V-Diam Gems Private Limited is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of V-Diam Gems Private Limited., buy the company report.
Financials of V-Diam Gems Private Limited.
FY 2025 filings availableV-Diam Gems Private Limited. reported revenue of ₹15.9 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹15.9 Cr ▲ 4%
Net loss · FY 2024
₹15.65 Lakh margin -1%
EBITDA · FY 2024
-₹11.31 Lakh margin -0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 8%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 125%
3 years · compounded
▼ 31%
5 years · compounded
▼ 18%
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 125% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹11.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.65 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -1% | ||||
| 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 | |||||
To see the full financial statements and ratios of V-Diam Gems Private Limited., buy the company report.
Board of directors of V-Diam Gems Private Limited.
V-Diam Gems Private Limited has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Dilip Shah | Director | 23 Sep 2008 | 18 Years 1 Months | Current |
| Nirvee Viral Shah | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Dilip Kantilal Shah | Director | 23 Sep 2008 | 18 Years 1 Months | Current |
| Rita Dilip Shah | Director | 23 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
V-Diam Gems Private Limited. is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Slkmd Jewels Private Limited | ₹16.01 Cr (FY 2023) | 5.0% | Aligarh, Uttar Pradesh, India | |||
| RNC Designs Private Limited | ₹15.95 Cr (FY 2023) | 170.0% | Mumbai, Maharashtra, India | |||
| Manik Chand Jewellers Private Limited | ₹15.95 Cr (FY 2024) | 9.0% | Guwahati, Assam, India | |||
| V-Diam Gems Private Limited.this company | ₹15.9 Cr (FY 2024) | -₹15.65 Lakh | -1% | 4.0% | Mumbai, Maharashtra, India | |
| Namo Diamonds Private Limited | ₹15.86 Cr (FY 2025) | -76.0% | Surat, Gujarat, India | |||
| Chetmani Jewellers Private Limited | ₹15.79 Cr (FY 2019) | -28.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of V-Diam Gems Private Limited., buy the company report.
Auditor
V-Diam Gems Private Limited. is audited by CHOKSHI & CHOKSHI LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOKSHI & CHOKSHI LLP | FY 2020 | 101872W/W100045 |
Shareholding
The shareholding of V-Diam Gems Private Limited. is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of V-Diam Gems Private Limited., buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹79.2 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2023 | 100810429 | Axis Bank Limited | ₹1 Cr | Open | |
| 25 Jul 2016 | 100044074 | Others | ₹79.2 Lakh | Satisfied |
To see the full charge records of V-Diam Gems Private Limited., buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving V-Diam Gems 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
No delayed payments to MSME suppliers are on our record for V-Diam Gems Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V-Diam Gems Private Limited has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV8653K1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V-Diam Gems Private Limited., buy the company report.
Recent activity
V-Diam Gems Private Limited. has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Nirvee Viral Shah ceased to be Additional Director on 30 Sep 2015.
AGM
V-Diam Gems Private Limited. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
V-Diam Gems Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100810429 was registered on 27 May 2023.
Charges
A charge registered on 25 Jul 2016 via Charge ID 100044074 with Others was fully satisfied on 27 Apr 2023.
Charges
A charge with Others amounted to Rs. 79.20 Lakh with Charge ID 100044074 was registered on 25 Jul 2016.
Ceased
Nirvee Viral Shah ceased to be Additional Director.
Appointed
Nirvee Viral Shah was appointed as Director.
Appointed
Dilip Kantilal Shah was appointed as Director.
Appointed
Rita Dilip Shah was appointed as Director.
Appointed
Viral Dilip Shah was appointed as Director.
Incorporation
23 Sep 2008
V-Diam Gems Private Limited. was registered on 23 Sep 2008 with Roc Mumbai I & aged 18 years 1 month as per MCA records.
Frequently asked questions
V-Diam Gems Private Limited is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 23 September 2008 (18+ years old) and is registered under CIN U36911MH2008PTC187007.
V-Diam Gems Private Limited has 4 current directors:
- Viral Dilip Shah - Director
- Nirvee Viral Shah - Director
- Dilip Kantilal Shah - Director
- Rita Dilip Shah - Director
The latest financial statements of V-Diam Gems Private Limited 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 V-Diam Gems Private Limited is 27AACCV8653K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of V-Diam Gems Private Limited is U36911MH2008PTC187007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V-Diam Gems Private Limited was incorporated on 23 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of V-Diam Gems Private Limited by revenue are Slkmd Jewels Private Limited, RNC Designs Private Limited, Manik Chand Jewellers Private Limited, Namo Diamonds Private Limited, Chetmani Jewellers Private Limited, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Nirvee Viral Shah ceased to be Additional Director on 30 Sep 2015. Nirvee Viral Shah was appointed as Director on 01 Dec 2014. Dilip Kantilal Shah was appointed as Director on 23 Sep 2008. V-Diam Gems Private Limited has 5 board changes on record in total.
Yes, V-Diam Gems Private Limited is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0083983).
The registered office of V-Diam Gems Private Limited is at Je – 8010 Bharat Diamond Bourse G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
V-Diam Gems Private Limited operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
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