Sovereign Diamonds Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.79 Cr
- Company Age 50 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.30 Cr
- Satisfied Charges ₹ 17.00 Cr
- Revenue Growth 23.33%
- Profit Growth 5.85%
- Ebitda 13.51%
- Net Worth 9.98%
- Total Assets 11.44%
About Sovereign Diamonds
Sovereign Diamonds Limited (SDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 1974 and has a history of 50 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523826.
The Corporate was formerly known as Hotchand Hiranand Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.79 Cr.
The company currently has active open charges totaling ₹14.30 Cr. The company has closed loans amounting to ₹17.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sovereign Diamonds Limited India are Arundhati Mali as CFO and Akshay Jain as Company Secretary. Ajay Gehani, Arundhati Mali, Jigar Darji, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L36912MH1974PLC017505
- Company No.
017505
- Stock Symbol
BSE : 523826
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 May 1974
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Sovereign Diamonds?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Gehani  | Managing Director | 24-Nov-1984 | Current |
| Arundhati Mali | CFO | 08-Feb-2019 | Current |
| Akshay Jain | Company Secretary | 04-May-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arundhati Mali | Whole-Time Director and Cfo | 08-Feb-2019 | Current |
| Jigar Darji | Director | 16-Aug-2024 | Current |
| Narasinha Pal | Director | 27-Apr-2024 | Current |
Financial Performance of Sovereign Diamonds.
Sovereign Diamonds Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.33% increase. The company also saw a slight improvement in profitability, with a 5.85% increase in profit. The company's net worth moved up by a moderate rise of 9.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Sovereign Diamonds?
In 2023, Sovereign Diamonds had a promoter holding of 65.01% and a public holding of 34.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sovereign Jewellery Private LimitedAjay Gehani is a mutual person
Universal Jewellery LimitedAjay Gehani is a mutual person
- Pro Legal And Compliance Llp
Jigar Darji is a mutual person
Charges (Loans)
₹14.30 Cr
₹17.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 14.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2019 | Hdfc Bank Limited | ₹14.30 Cr | Open |
| 26 Apr 1999 | Corproation Bank | ₹17.00 Cr | Satisfied |
How Many Employees Work at Sovereign Diamonds?
Sovereign Diamonds has a workforce of 36 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sovereign 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 Sovereign 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.
