- CEO
- Vipul Prabodh Shah
- Full Time Employees
- 1,797
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 114-C, Mittal Court Mumbai MA India 400021
- IPO Date
- May 13, 1996
- Business
- Asian Star Company Limited (ASTAR.BO), founded in 1971 and headquartered in Mumbai, India, manufactures and sells polished diamonds and diamond jewelry worldwide through its two primary segments, Diamonds and Jewellery; the Diamonds segment produces polished diamonds in various shapes including hearts, hearts and arrows, marquise, pears, princess and round, sizes from 1 to 5 carats and calibrated sizes as per customer needs, colors and purities with certifications from GIA, IGI and HRD; the Jewellery segment offers exquisite diamond-studded pieces in 18K yellow, white and pink gold as well as platinum, encompassing bridal and fashion jewelry, ceramic fine jewelry, men's urban jewelry, specialized collections for designer brands and private labels with customized patented settings, and participation in mine-origin programs such as De Beers Code of Origin. The company operates globally with subsidiaries including Asian Star DMCC, Asian Star Company Limited (USA) and Asian Star Trading (Hong Kong) Limited, targeting leading international jewelry brands, retail chains and wholesale clients through world-class manufacturing facilities in Mumbai's MIDC and SEZ areas, advanced planning systems, marketing support, on-time supply and quality control strategies. Recent developments include consolidated financial reporting encompassing its international subsidiaries as affirmed in the October 2025 CARE Ratings assessment amid challenges from the US 50% reciprocal tariff on Indian gems and jewelry imports effective August 27, 2025, alongside a scheduled board meeting on November 12, 2025 to consider unannounced strategic matters, while maintaining strong balance sheet solvency and profitability of INR 36.5 crore for the trailing twelve months despite a year-over-year decline.