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₹44.002 days ago
₹44.002 days ago
Koura Fine Diamond Jewelry Limited was originally incorporated as ‘KOURA FINE DIAMOND JEWELRY LIMITED’ a public limited company under the Companies Act, 2013 at Gujarat, pursuant to a certificate of incorporation dated March 25, 2022, issued by the Registrar of Companies, Gujarat (RoC). Subsequently, the company acquired the business of Proprietorship Concern of its Promoter Mr. Kamlesh Keshavlal Lodhiya viz. M/s. Aurum Jewels through Business Succession Agreement dated March 13, 2023. Consequently, Business of this proprietorship firm was merged into Koura Fine Diamond Jewelry Limited.Koura Fine Diamond Jewelry is engaged into the wholesale business of gold and diamonds jewelleries. Its Promoter has a history spanning many decades in the Indian Jewellery Industry. The company sells wide range of jewellery products, including gold jewellery and diamond jewellery. Its business model is B2B. It deals in two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery. It is a well-known and trusted jewellery wholesaler.Since the system of hallmarking is legally introduced, the company deals only in jewellery certified by Hallmark; for gold jewellery it gets it certified from the Bureau of Indian Standards (BIS) and 91.6% certifications for 22 Karat and International Gemmological Institute, India, and (BIS) 75% certifications for 18 Karat diamond jewellery. Further, in 2018 the company ventured into 750 certified and BIS-hallmarked diamond jewellery. It offers a diverse range of jewellery products and is dedicated to designing, manufacturing, and selling high-quality jewellery that includes necklaces, chains, rings and earrings. It sources finished jewellery from third-party artisans located across India. Additionally, it also supplies raw material i.e. gold bullion / bars to artisans for making of its jewellery on a job-work basis in Ahmedabad, Mumbai, Rajkot, and Surat. Its constant endeavour is to maintain the highest standard and quality of its gold, diamonds used in its jewel pieces.Business area of the companyThe company is engaged in the business of supplying jewelry to retail jewellers, mainly gold and diamond jewellry. The Jewelries are manufactured on a Job Work basis. It deals in two types of jewellry; one is in 22 Karat Gold jewellry and another one is in 18 Karat Diamond jewellry.Products of the company22 Karat ring18 Karat diamond ring22 Karat necklace22 Karat gold chain18 Karat diamond ringHistory and milestones2022: Incorporation of the Company.2023: The Company has taken-over the running business of Proprietorship firm of its Promoter i.e. M/s Aurum Jewels for expansion of the business of Company.
