Swarnasarita Gems, earlier known as Shyam Star Gems (SSGL) was incorporated as a private limited company on August  25, 1992 and was subsequently converted into a public limited company on February 25, 1993.The registered office of the company is at Opera House, Mumbai.In 2011 the company has changed its name from Shyam Star Gems Ltd. to Swarnasarita Gems Ltd.                                               "

It engages in diamond polishing and manufacture of jewelry. It has its manufacturing unit located at in the special economic zone (SEZ) in Surat, Gujarat and is to expand activities in other parts of Gujarat for export and retail business.

SSGL exports its wide range of diamond jewellery direct to semi wholesalers in various international markets including Hong Kong, Singapore, Middle East etc. Innovative and superior designs, timely delivery and stringent quality control measures have been the contributing factors in SSGL's success.