Mini Diamonds Secures INR 12.00 Crore Domestic Order for Lab Grown Diamonds
Mini Diamonds (India) Ltd. has announced that it has secured a significant domestic order worth INR 12.00 Crores for the supply of cut and polished lab grown diamonds. The order was received on May 11, 2026, from a Mumbai-based existing client.This transaction marks the company's first order from this specific customer during the current financial year and signals a positive beginning for its domestic order book for the Financial Year 2026-27.
The company stated that the order reinforces its increasing focus on the Indian market, where the demand for lab-grown diamonds is reportedly gaining traction among jewellery manufacturers, traders, and downstream participants. Mini Diamonds emphasizes that maintaining consistent quality, disciplined pricing, and dependable fulfillment remains key to its customer acquisition and retention strategy.
Details of the Order
The significant transaction details indicate that the order is from a domestic entity and involves the supply of Cut and Polished Lab Grown Diamonds.Key terms and conditions include:
| Parameter | Detail |
|---|---|
| Entity Awarding the Order | Saharsh Exports |
| Nature of Order | Supply of Cut and Polished Lab Grown Diamonds |
| Order Value | INR 12.00 Crore |
| Completion Period | Within 4 months from the date of order completion |
| Payment Terms | On or before 150 days from the date of order completion |
| Origin of Entity | Domestic entity (Mumbai based) |
Management Viewpoint
Regarding the business update, Shri Upendra Shah, Chairman and Managing Director of Mini Diamonds (India) Limited, commented that the order reflects a constructive start to the company’s engagement with the customer for the current financial year. He stated that the company’s strategy is aimed at building a stronger domestic business for cut and polished lab-grown diamonds.Shah noted that the company’s focus remains on delivering quality products at competitive pricing, while maintaining reliable execution and fostering long-term customer relationships. He expressed confidence in the domestic market’s growth potential, noting that Mini Diamonds is well-positioned to participate in this evolving demand.
Company Overview
Mini Diamonds (India) Limited, established in 1987, is a public limited company that initially focused on diamond import and export. Today, the company is known for its cut and polished diamonds and jewellery manufacturing.Mini Diamonds operates a sophisticated manufacturing facility in Mumbai. This facility is equipped with cutting-edge technology, including Sarin Technology, Auto Bruiting Machines, Semi-Automatic Polishing Mills, and Sawing Machines, to process rough diamonds. The company maintains high standards of precision and quality through the meticulous supervision of its experts and staff.
Beyond diamond processing, the Mumbai facility also serves as a hub for jewellery manufacturing. By integrating expertise in diamond processing with jewellery manufacturing, Mini Diamonds creates meticulously crafted pieces. The company specializes in the manufacturing, marketing, and sales of lab-grown diamond jewellery, catering to both the Indian and international markets through B2B and B2C channels, with a focus on offering high-quality, cost-effective products.
Stock Price Movement
Mini Diamonds India Ltd settled at ₹15.36 on Friday, edging up 0.66% after yesterday's close. The shares traded throughout the session within a range, hitting a high of ₹15.59 and dipping to a low of ₹15.24.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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