MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0078926
VGC Diamond Private Limited
VGC Diamond Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹80.71 Cr
▼ 12% YoY
Net profit · FY 2024
₹49.75 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.21 Cr
EBITDA margin 1.5%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹1.83 Cr
Issued & subscribed
Open charges
₹4.95 Cr
Satisfied ₹6.95 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About VGC Diamond Private Limited
Data last updated:
VGC Diamond 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 16 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH2007PTC170891. Its GSTIN is 27AACCV5319C1ZJ (Maharashtra).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.83 Cr. It is led by directors Vivek Surana (Managing Director) and Prakash Agarwal.
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 Office No. 24 2nd Floor Nana Shankar Seth Smruti 380/382 Jagannath Shankarseth Marg, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹80.71 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹49.75 Lakh (net margin 0.6%) and EBITDA of ₹1.21 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹4.95 Cr and satisfied charges of ₹6.95 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
VGC Diamond Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0078926). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36911MH2007PTC170891
Registration Number 170891
Incorporation Date 16 May 2007
ROC Mumbai
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 Medium
Udyam Registration UDYAM-MH-19-0078926
Recognitions & Rankings of VGC Diamond
Contact details
VGC Diamond Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 24 2nd Floor Nana Shankar Seth Smruti 380/382 Jagannath Shankarseth Marg, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of VGC Diamond Private Limited, buy the company report.
Comprehensive company report
VGC 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 VGC 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 VGC Diamond Private Limited, buy the company report.
Financials of VGC Diamond Private Limited
FY 2024 filings availableVGC Diamond Private Limited reported revenue of ₹80.71 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹80.71 Cr ▼ 12%
Net profit · FY 2024
₹49.75 Lakh margin 0.6%
EBITDA · FY 2024
₹1.21 Cr margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 137%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 60%
5 years · compounded
▲ 13%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 54% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.75 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of VGC Diamond Private Limited, buy the company report.
Board of directors of VGC Diamond Private Limited
VGC Diamond has 2 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 |
|---|---|---|---|---|
| Vivek Surana | Managing Director | 16 May 2007 | 19 Years 5 Months | Current |
| Prakash Agarwal | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
VGC Diamond Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| L G W Ltd | ₹81.35 Cr (FY 2025) | 54.0% | 24 Parganas N, West Bengal, India | |||
| Shree Ram Diamex Private Limited | ₹80.86 Cr (FY 2025) | 16.0% | Surat, Gujarat, India | |||
| VGC Diamond Private Limitedthis company | ₹80.71 Cr (FY 2024) | ₹49.75 Lakh | 0.6% | -12.0% | Mumbai, Maharashtra, India | |
| Shriarihant Mangal Expo Impo Private Limited | ₹80.59 Cr (FY 2025) | 14.0% | Jaipur, Rajasthan, India | |||
| Jaipur Emerald Private Limited | ₹79.85 Cr (FY 2024) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of VGC Diamond Private Limited, buy the company report.
Auditor
VGC Diamond Private Limited is audited by PRAMOD BOHRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAMOD BOHRA & CO. | FY 2023 | 115360W |
Shareholding
The shareholding of VGC 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 VGC Diamond Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.95 Cr
Satisfied charges
₹6.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2021 | 100512483 | State Bank of India | ₹4.95 Cr | Satisfied | |
| 03 Sep 2015 | 10596089 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of VGC Diamond Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
VGC Diamond Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Chief Commissioner of Income Tax (Osd) | Disposed |
To see the full case history of VGC Diamond Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for VGC Diamond Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VGC Diamond has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV5319C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VGC Diamond Private Limited, buy the company report.
Recent activity
VGC Diamond Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Girish Agarwal ceased to be Director on 23 Sep 2021.
Charges
A charge registered on 06 Nov 2021 via Charge ID 100512483 with State Bank Of India was fully satisfied on 19 Jun 2025.
AGM
Vgc Diamond Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vgc Diamond Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 4.95 Cr registered on 06 Nov 2021 with Charge ID 100512483 was modified on 14 Feb 2023.
Charges
A charge registered on 03 Sep 2015 via Charge ID 10596089 with Hdfc Bank Limited was fully satisfied on 07 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 4.95 Cr with Charge ID 100512483 was registered on 06 Nov 2021.
Ceased
Girish Agarwal ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 03 Sep 2015 with Charge ID 10596089 was modified on 19 Sep 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10596089 was registered on 03 Sep 2015.
Ceased
Chand Bihari Agarwal ceased to be Director.
Appointed
Prakash Agarwal was appointed as Director.
Appointed
Vivek Surana was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
VGC Diamond 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 16 May 2007 (19+ years old) and is registered under CIN U36911MH2007PTC170891.
VGC Diamond has 2 current directors:
- Vivek Surana - Managing Director
- Prakash Agarwal - Director
The latest financial statements of VGC 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 VGC Diamond is 27AACCV5319C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of VGC Diamond is U36911MH2007PTC170891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VGC Diamond has 1 court case on record: 1 filed against it.
VGC Diamond was incorporated on 16 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of VGC Diamond by revenue are L G W Ltd, Shree Ram Diamex Private Limited, Shriarihant Mangal Expo Impo Private Limited, Jaipur Emerald Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Girish Agarwal ceased to be Director on 23 Sep 2021. Chand Bihari Agarwal ceased to be Director on 01 Apr 2010. Prakash Agarwal was appointed as Director on 01 Apr 2010. VGC Diamond has 4 board changes on record in total.
Yes, VGC Diamond is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0078926).
The registered office of VGC Diamond is at Office No. 24 2nd Floor Nana Shankar Seth Smruti 380382 Jagannath Shankarseth Marg, Mumbai, Maharashtra, India – 400002.