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Past performance
About Nanavati Ventures Ltd Nanavati Ventures Limited, established initially as a private entity on August 10, 2010, transitioned to a public company on August 14, 2020. Based in Surat, Gujarat, the company specializes in trading both polished and uncut diamonds, primarily serving the local market. Its operations involve sourcing diamonds from domestic suppliers and selling them to a diverse clientele, including jewelry manufacturers, wholesalers, and retail chains. The company outsources the processing and polishing of rough diamonds to skilled workers on a job-work basis.
Nanavati Ventures maintains independent sales and distribution networks, focusing on competitive pricing by purchasing large volumes of inventory, which allows cost advantages over competitors. In April 2022, the company expanded its capital base by issuing 436,000 equity shares, raising Rs. 2.18 Crore. This strategic financial move aims to bolster their market position and enhance operational capabilities.