Finestar Jewellery & Diamonds Private Limited

Polishes rough diamonds as part of Finestar Group.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Finestar Jewellery & Diamonds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.67 M
  • Company Age 23 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 486.10 Cr
  • Satisfied Charges ₹ 45.00 Cr
  • Revenue Growth -8.28%
  • Profit Growth -15.89%
  • Ebitda 6.84%
  • Net Worth 9.14%
  • Total Assets 8.18%

About Finestar Jewellery & Diamonds

Finestar Jewellery & Diamonds Private Limited (FJDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 2002 and has a history of 23 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Finestar Jewellery (India) Pvt Ltd. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.67 M.

The company currently has active open charges totaling ₹486.10 Cr. The company has closed loans amounting to ₹45.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kapil Jain, Ashok Bora, and Vinod Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    finestardiamonds.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2002PTC134801

  • Company No.

    134801

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Finestar Jewellery & Diamonds?

Executive Team (1)

Name Designation Appointment Date Status
Vinod Jain Country flag representing In Managing Director 24-Oct-2002 Current

Board Members (2)

Name Designation Appointment Date Status
Kapil Jain Country flag representing In Whole-Time Director 05-Oct-2016 Current
Ashok Bora Country flag representing In Whole-Time Director 22-Apr-2003 Current

Financial Performance of Finestar Jewellery & Diamonds.

Finestar Jewellery & Diamonds Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.28% decrease. The company also saw a substantial fall in profitability, with a 15.89% decrease in profit. The company's net worth moved up by a moderate rise of 9.14%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-8.28%
Revenue from Operations
-8.43%
Total Assets
8.18%
Profit or Loss
-15.89%
Net Worth
9.14%
EBITDA
6.84%

What is the Ownership and Shareholding Structure of Finestar Jewellery & Diamonds?

In 2023, Finestar Jewellery & Diamonds had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,861.00 M

Satisfied Charges

₹450.00 M

Charges Breakdown by Lending Institutions

  • Others : 401.10 Cr
  • Yes Bank Limited : 85.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Jun 2022 Others ₹2.10 Cr Open
17 Mar 2021 Others ₹174.00 Cr Open
20 Mar 2020 Others ₹174.00 Cr Open
10 Sep 2018 Yes Bank Limited ₹85.00 Cr Open
30 May 2018 Others ₹51.00 Cr Open

How Many Employees Work at Finestar Jewellery & Diamonds?

Finestar Jewellery & Diamonds has a workforce of 28 employees as of Mar 29, 2024. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finestar Jewellery & 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 Finestar Jewellery & Diamonds's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Finestar Jewellery & Diamonds

Recent activity within the organization

  • Annual General Meeting

    Finestar Jewellery & Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Finestar Jewellery & Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 510.00 M registered on 30 May 2018 with Charge ID 100183573 was modified on 23 Jan 2023.

    23 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 21.00 M with Charge ID 100579124 was registered on 03 Jun 2022.

    03 Jun 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 850.00 M registered on 10 Sep 2018 with Charge ID 100206327 was modified on 28 Dec 2021.

    28 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 1,740.00 M with Charge ID 100435165 was registered on 17 Mar 2021.

    17 Mar 2021

Frequently asked questions

  • Finestar Jewellery & Diamonds Private Limited was incorporated on 06 Feb 2002.

  • The authorized share capital of Finestar Jewellery & Diamonds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.67 M.

  • Currently 3 directors are associated with Finestar Jewellery & Diamonds Private Limited.

    • Kapil Virendra Jain
    • Ashok Kumar Mithmal Bora
    • Vinod Kumar Santok Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finestar Jewellery & Diamonds Private Limited is De-6010 D-Tower 6Th FloorBharat Diamond Bourse Bandra-Kurla Complex Bandra (East), Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Finestar Jewellery & Diamonds Private Limited is U51909MH2002PTC134801 and the company number is 134801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finestar Jewellery & Diamonds Private Limited is https://www.finestardiamonds.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Finestar Jewellery & Diamonds Private Limited has fallen by -8.28%.

  • As Per 2023 financial reports, 28 employees are currently employed by Finestar Jewellery & Diamonds Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Finestar Jewellery & Diamonds Private Limited has experienced an upsurge of 9.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Finestar Jewellery & Diamonds Private Limited amount to ₹ 486.10 Cr.

  • The most recent Balance Sheet for Finestar Jewellery & Diamonds Private Limited was filed with the ROC on 31 Mar 2023.

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