The company was originally incorporated at Ahmedabad as “Darshan Orna Private Limited” on January 20, 2011 under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. The company was converted in to a Public Limited Company and consequently the name was changed to “Darshan Orna Limited” vide fresh certificate of incorporation dated May 29, 2015  issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli.

The company is integrated as a Wholesaler of Jewellery & Ornaments. Apart from being a wholesaler, the company is also into trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. The company’s portfolio of products includes gold and silver jewellery with or without studded precious and semi-precious stones. Its Jewelries and ornaments are designed keeping in mind the demand for the Traditional, Modern & Indo-Western jewellery & ornaments in India.

With regional diversity of tastes and preferences, the company has diverse portfolio of Ornaments and Jewellery to suit the taste and preferences of one & all. Its portfolio comprises of 20% Traditional Jewellery, 40% of Modern Jewellery & 40% of Indo-Western Jewellery. Its gold & silver traditional jewelries & ornaments are either made with kundan, gem stones, American diamonds etc or just plain gold or silver.

The company’s products have presence across different price points and cater to customers across high-end, mid-market and value market segments. Its jewelries are sold only to the jewellery retailers within Ahmedabad. Owing to the relationship it has built with its clients, customization of the jewellery, the quality, design & pattern of its jewelries, its portfolio of clients over the 4 years has increased from 63 to 102.

Key events and milestones

• 20.01.2011: Incorporation of Darshan Orna Private Limited.
• 31.03.2012: Increase in Authorized Share capital from Rs 1,00,000 to Rs 3,50,000.
• 31.03.2012: Allotment of 15,000 Equity Shares.
• 31.03.2013: Increase in Authorized Share capital from Rs 3,50,000 to Rs 4,60,000.
• 31.03.2013: Allotment of 21,000 Equity Shares.
• 09.03.2015: Increase in Authorized Share capital from Rs 4,60,000 to 75,00,000.
• 31.03.2015: Conversion of Loan amount Rs. 100.33 Lakhs into 1,54,358 equity shares.
• 31.03.2015: Conversion of Loan (against purchase of goods i.e., other than cash) amount Rs 209.63 Lakhs into 3,22,518 equity shares.
• 29.05.2015: Converted to Public Limited.
• 05.08.2015: Increase in Authorized Share capital from Rs 75,00,000 to Rs 3,40,00,000.
• 05.08.2015: Allotment of 28,75,818 Bonus Shares out of free reserves.
• 03.09.2015: Increase in Authorized Share capital from Rs 3,40,00,000 to Rs 4,50,00,000.
• 11.09.2015: Conversion of Loan amount Rs. 71.50 Lakhs into 1,10,000 equity shares.
• 07.12.2015: Increase in Authorized Share capital from Rs 4,50,00,000 to Rs 4,70,00,000.
• 24.02.2016: Increase in Authorized Share capital from Rs 4,70,00,000 to Rs 4,80,00,000.