The Company was originally incorporated as a public limited company under the Companies Act, 2013 pursuant to a certificate of incorporation issued by the Registrar of Companies, dated July 27, 2017 with the name ‘Parshva Enterprises Limited’.

Business area of the Company:

The company is engaged in the wholesale supply and trading of precious stones, primarily cut and polished diamonds. The company also deals in gold jewellery. The company also deals in variety of diamonds which include both rough and polished diamonds. It buys and sells diamonds in local markets as per the demand. It also sells diamonds of multiple categories based on different shapes, size, cut and fancy color. Apart from this, the company also invests in real estate properties in Mumbai for the purpose of selling them for trading gains. In real estate business the company is focused on Maharashtra and Gujarat. The company invests in both residential and commercial properties based on its own study of the market. The company is also involved in real estate broking. It deals with range of properties and apartments of varying sizes, with a focus on the middle and higher end of the market.

Major Events and milestones:

• 2018: Incorporated under Companies Act, 2013 as ‘Parshva Enterprises Limited’.
• 2018: Achieved turnover of Rs 476.29 Lakhs in the first year.
• 2019: Ventured into real estate business.