Starlineps Enterprises Limited, originally incorporated in 2011 as 'L'avance Dirays Limited', is based in Surat, India, and specializes in the trading of diamonds, precious metals, stones, and jewelry. The company has undergone several name changes, with the most recent being on December 7, 2020. It sources diamonds from both primary and secondary suppliers within the domestic market and distributes them to a diverse customer base that includes jewelry manufacturers, large department stores, retail outlets, and wholesalers across India.
Starlineps Enterprises has developed independent sales and distribution networks to cater to its clients, focusing largely on domestic markets. The company primarily sells cut and polished diamonds to wholesalers and jewelry manufacturers. In May 2017, the company went public with an IPO, issuing 57,30,000 equity shares at Rs 10 each, raising Rs 7.44 Crore. This strategic move supported its operations and expansion within the competitive diamond trading sector.
