Suashish Diamonds Limited

Global diamond and jewelry manufacturer and exporter with retail stores and subsidiaries worldwide.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Suashish Diamonds Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 20.77 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 892.79 Cr
  • Revenue Growth 10.20%
  • Profit Growth -26.43%
  • Ebitda 24.12%
  • Net Worth 16.00%
  • Total Assets 18.00%

About Suashish Diamonds

Suashish Diamonds Limited (SDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 October 1988 and has a history of 36 years and four months. Its registered office is in Mumbai, Maharashtra, India.

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 45.00 Cr and a paid-up capital of Rs 20.77 Cr.

The company has closed loans amounting to ₹892.79 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Suashish Diamonds Limited India is Tejpal Jain as CFO. Ashish Goenka, Rajeshkumar Kedia, Vipul Desai, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    suashish.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36900MH1988PLC049085

  • Company No.

    049085

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 1988

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Suashish Diamonds Limited offer?

Suashish Diamonds Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Power Plants.

Who are the key members and board of directors at Suashish Diamonds?

Executive Team (1)

NameDesignationAppointment DateStatus
Tejpal Jain CFO14-Jun-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Ashish Goenka Country flag representing In Director 07-Jun-2011Current
Rajeshkumar Kedia Country flag representing In Whole-Time Director 11-Feb-2012Current
Vipul Desai Country flag representing In Director 14-Jun-2022Current
Srividya Rao Country flag representing In Director 01-Dec-2016Current
Ishan Goenka Additional Director 12-Nov-2024Current

Financial Performance of Suashish Diamonds.

Suashish Diamonds Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.2% increase. The company also saw a substantial fall in profitability, with a 26.43% decrease in profit. The company's net worth Soared by an impressive increase of 16%.

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
10.20%
Revenue from Operations
35.54%
Total Assets
18.00%
Profit or Loss
-26.43%
Net Worth
16.00%
EBITDA
24.12%

What is the Ownership and Shareholding Structure of Suashish Diamonds?

In 2022, Suashish Diamonds had a promoter holding of 99.81% and a public holding of 0.19%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹892.79 Cr

Charges Breakdown by Lending Institutions

  • Centbank Financial Services Limited : 850.00 Cr
  • Standard Chartered Bank : 13.00 Cr
  • State Bank Of Saurastra : 12.73 Cr
  • Uti Bank Ltd. : 6.40 Cr
  • The Vysta Bank Ltd : 4.90 Cr
  • Others : 5.76 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 1998Centbank Financial Services Limited₹425.00 CrSatisfied
13 Jun 1997Standard Chartered Bank₹13.00 CrSatisfied
23 Mar 1995Central Bank Of India₹1.73 CrSatisfied
21 Feb 1995The Vysta Bank Ltd₹3.05 CrSatisfied
21 Feb 1995The Vysta Bank Ltd₹1.85 CrSatisfied

How Many Employees Work at Suashish Diamonds?

Suashish Diamonds has a workforce of 552 employees as of Apr 02, 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 Suashish 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 Suashish 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 Suashish Diamonds

Recent activity within the organization

  • Director Appointment

    Ishan Ashish Goenka was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 3 months 9 days .

    12 Nov 2024

  • Annual General Meeting

    Suashish Diamonds Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Suashish Diamonds Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vipul Amul Desai was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 2 years 8 months .

    14 Jun 2022

  • Director Appointment

    Tejpal Jain was appointed as a Cfo was appointed as a Cfo on 14 Jun 2022 & has been associated with this company since 2 years 8 months .

    14 Jun 2022

  • Charges

    A charge registered on 22 Jun 1998 via Charge ID 90229357 with Centbank Financial Services Limited was fully satisfied on 05 Jul 2017.

    05 Jul 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Suashish Diamonds Limited was incorporated on 05 Oct 1988.

  • The authorized share capital of Suashish Diamonds Limited is ₹ 45.00 Cr and paid-up capital is ₹ 20.77 Cr.

  • Currently 6 directors are associated with Suashish Diamonds Limited.

    • Ashish Rameshkumar Goenka
    • Rajeshkumar Radhakishan Kedia
    • Vipul Amul Desai
    • Srividya Babu Rao
    • Ishan Ashish Goenka
    • Tejpal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suashish Diamonds Limited is 5Th Floor B Wing Suashish It Park Cts No 68/E Off Dattapada Road Rajendra Nagar Opp. Tata Steel Co Borivali East, India, Borivlai East, Maharashtra, 400066.

  • The corporate identification number (CIN) of Suashish Diamonds Limited is U36900MH1988PLC049085 and the company number is 049085 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suashish Diamonds Limited is https://www.suashish.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Suashish Diamonds Limited has risen by 10.20%.

  • As Per 2022 financial reports, 552 employees are currently employed by Suashish Diamonds Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Suashish Diamonds Limited has experienced an upsurge of 16.00%.

  • The most recent Balance Sheet for Suashish Diamonds Limited was filed with the ROC on 31 Mar 2024.

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