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Dharmanandan Diamonds Pvt. Ltd.

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Dharmanandan Diamonds Pvt. Ltd.
Private
ISIN🆔
IndustryDiamond cutting and trading
Founded 📆1985 (1985) (as Shreeji Gems)[1]1993 (1993) (rebranded)[1]
Founders 👔Laljibhai Patel; Tulsibhai Goti
Headquarters 🏙️,
Mumbai
,
India
Area served 🗺️
Worldwide
Key people
Laljibhai Tulsibhai Patel (Chairman); Hitesh Laljibhai Patel (Managing director)
Products 📟 Cut and polished diamonds
ServicesDiamond manufacturing; trading
₹5,052 crore (FY2024)[2]
Members
Number of employees
~7,500[3]
🌐 Websitehttps://www.ddpl.com
📇 Address
📞 telephone

Dharmanandan Diamonds Pvt. Ltd. (DDPL) is an Indian diamond cutting and trading company headquartered in Mumbai, Maharashtra, with manufacturing operations in Surat. Incorporated on 31 August 2007, the company is one of the largest exporters of cut and polished diamonds in India and has held De Beers sightholder status since 2008.[2][4]

History

Dharmanandan Diamonds began in 1985 in Surat under the name Shreeji Gems and adopted its present name in 1993.[1] The business was formally incorporated as a private limited company on 31 August 2007.[2]

Technology and innovation

In 2017 DDPL launched Diamond Time-Lapse, a blockchain-enabled traceability program designed to log every stage of a stone’s journey from rough to retail. The following year The Times of India reported that Surat-based manufacturers, including DDPL, were among the first in India to adopt blockchain for diamond supply-chain transparency.[5]

Synthetic diamond detection

DDPL’s research arm, DRC Techno, introduced the “D-Secure” detector in 2015—the first device able to screen both loose and mounted stones (0.003–10 ct) for HPHT and CVD synthetics.[6][7] Enhanced versions—D-Secure Plus and J-Secure—followed, and DRC Techno’s instruments are now used worldwide.[8]

Corporate social responsibility

A flagship CSR effort is the river-linking and rainwater-harvesting project in Ugamedi, Bhavnagar district. By joining the Keri and Sonal rivers through a 2.5-km pipeline and constructing three large ponds, the initiative has eliminated perennial water scarcity and benefits about 10 villages and 1 lakh bigha (≈ 17,000 ha) of farmland.[9]


Notable events

In February 2015 chairman Laljibhai Patel purchased Prime Minister Narendra Modi’s pin-striped suit for ₹4.31 crore at a charity auction supporting the Clean Ganga mission.[10]

See also

Diamond industry

De Beers

Gem and Jewellery Export Promotion Council

References

  1. 1.0 1.1 1.2 "DHARMANANDAN DIAMONDS : Moving Ahead in Measured Strides". Diamond World. 18 June 2012. Retrieved 24 July 2025.
  2. 2.0 2.1 2.2 Dharmanandan Diamonds Private Limited; Long-term rating downgraded to [ICRA]A- (Stable) and short-term rating reaffirmed (Report). ICRA Limited. 30 September 2024. Retrieved 24 July 2025.
  3. "Diamond company gives away life-insurance policy worth ₹100 crore to its employees". The Times of India. 18 October 2016. Retrieved 24 July 2025.
  4. "De Beers Customer Directory". De Beers Group. 16 May 2008. Retrieved 24 July 2025.
  5. "Surat-based diamond companies begin to adopt blockchain technology". The Times of India. 4 March 2018. Retrieved 24 July 2025.
  6. "Surat firm develops machine to detect fake diamonds". The Times of India. 10 September 2015. Retrieved 24 July 2025.
  7. "Cost-effective synthetic diamond detector launched". Jeweller Magazine. 15 September 2015. Retrieved 24 July 2025.
  8. "DRC Techno delivers diverse diamond detection solutions". Jeweller Magazine. 29 July 2019. Retrieved 24 July 2025.
  9. "Bhavnagar village sets example in river interlinking". The Times of India. 15 November 2014. Retrieved 24 July 2025.
  10. Mukherjee, Neelam (20 February 2015). "Dharmanandan Diamonds' Hitesh Patel wins PM Modi's suit with Rs 4.31-cr bid". The Economic Times. Retrieved 24 July 2025.

External links

Official website


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