Established in 1971 and headquartered in Mumbai, Asian Star Company Limited is one of the world's leading integrated diamantaires. The Company straddles the entire value chain and has a formidable presence in diamond manufacturing, jewellery manufacturing and retailing.
The Parent Company has three wholly owned foreign subsidiaries - Asian Star DMCC, Asian Star Co. Ltd (USA) and Asian Star Trading (Hong Kong) Ltd. & one jointly controlled associate Partnership Firm in India - Shah Manufacturers.
The Parent Company, its subsidiaries and jointly controlled associate are engaged in the business of diamond cutting and polishing, jewellery manufacturing and retailing. The Parent Company is also engaged in the ownership, operation and maintenance of wind turbines for generation of electricity through wind power in India
Its team of qualified and skilled artisans exhibits the finest art of manufacturing the best polished makes from rough diamonds. Its technologically advanced manufacturing set-up in Surat, India.
Wide Area Network computerization, online manufacturing processes and eco-friendly environment elevate its infrastructure to a world-class level. All processes follow stringent quality norms and its management systems confirm with ISO 9001: 2015 certified by TUV NORD.
Business area of the company
The company is one of the world’s leading diamantaires primarily engaged in the business of diamond cutting and polishing, jewellery manufacturing and retailing. The company is also engaged in generation of electricity through wind power in India.
Awards and Achievements
1992: Awarded 1st position for Highest Export - GJEPC.
1992: Trophy for Meritorious Export Growth - Government of India.
1993: 2nd Highest Exporter Award - GJEPC.
1993: National Award for Highest Export Growth - The President of India.
1994: Certificate of Merit for outstanding Export - Government of India.
1996: 5th Highest Exporter Award - GJEPC.
1988: 4th Highest Exporter Award - GJEPC.
1999: 3rd Highest Exporter Award - GJEPC.
1999: 12th position amongst Indian Exporters - FIEO.
2000: Certificate of Excellence in Export - FIEO.
2000: 5th Highest Exporter Award - GJEPC.
2001: Niryat Shree/Niryat Bandhu Award -Silver Trophy - FIEO.
2001: 1st Award for Highest Export - GJEPC.
2002: Niryat Shree/Niryat Bandhu Award - Silver Trophy - FIEO.
2002: Awarded 1st position for Highest Export - GJEPC.
2003: Awarded 1st position for Highest Export - GJEPC.
2003: 112th position in market cap - ET 500.
2004: Awarded 1st position for Highest Export - GJEPC.
2007: Won the Tahitian Pearl Trophy 2007.
2007: Bagged the Solitaire Design Awards in the Pret (Futuristic) category.
2008: Won the Solitaire Design Awards in the Daily Wear category.
2008: Won the Gold Award at the 7th International South Sea Pearl Jewellery Design Competition in the Earrings category.
2009: Shagun Jewels bagged the ‘The Retail Jeweller Awards 2009’ in the innovative Jewellery of the year category.
2010: Asian Star bags First Award in the Export House category - Government of Maharashtra.
2010: Won the Solitaire Design Awards in the Daily Wear category.
2011: Awarded 1st prize in the Solitaire Design Awards 2011 for Formal Wear category.
2012: Won the Rio Tinto Diamonds Global Design Competition under Champagne Diamonds category.
2019: Ranked 476 in the “Top 500 Corporations of India” in 2019 by Fortune India.
2020: The company’s designers Harjas Kaur, Namrata Bhardwaj and Arif Hossain won the Artisan Awards; winning pieces were manufactured by A'Star Jewellery.
2020: 'A2+' rating for short-term and 'A- ; Negative' rating for long-term bank facilities by CARE (Credit Analysis & Research Ltd.).
2021: Ranked 359 in 'India's Top 500 Companies' by Dun and Bradstreet.
2021: Awarded Certificate of Design Excellence by the Artisan Design Jewellery Awards 2021 as winner under Victorian Jewellery Category.
2022: 'A2+' rating for short-term and 'A- ; Stable' rating for long-term bank facilities by CARE (Credit Analysis & Research Ltd.)
Milestones
1991: Initiated its global distribution network.
1995: Registered as Public Limited Company.
1996: Initial public issue of Rs. 20 crores and listed on Bombay Stock Exchange.
1996: Wholly-owned subsidiary in New York - Asian Star Co. Ltd.
1998: ISO 9002 CERTIFICATE from RWTUV, GERMANY for quality system.
2000: Initiated jewellery manufacturing operations for international market.
2001: ISO 9001: 2000 CERTIFICATE from RWTUV, GERMANY.
2001: Another wholly-owned subsidiary in Los Angeles - 'InterGem'.
2004: Acquired equity stake in domestic brand 'Carbon'.
2004: Expansion of its jewellery operations.
2004: A'Star Jewellery set-up - Begun manufacturing operations for the domestic market.
2004: A'Star Jewellery branches in Hyderabad and Bangalore.
2005: A'Star Jewellery branch in Chennai.
2005: Flagship stores in Bangalore and Delhi for brand ‘Carbon.’
2006: Flagship stores in Mumbai, Hyderabad and Ghaziabad for brand ‘Carbon.’
2007: A'Star Jewellery branches in Delhi, Chandigarh and Ahmedabad.
2007: Enhanced set-up in Surat, measuring 65,000 sq. ft. for diamond processing.
2008: Launched retail venture `Shagun Jewels`; opened the first store in Hyderabad.
2008: Acquired additional premises at SEEPZ for international jewellery operations.
2008: Wholly-owned subsidiary in Dubai - Inter Gems DMCC.
2010: ISO 9001: 2008 CERTIFICATE from TUV NORD, Germany.
2010: Expansion of the production capacity of domestic jewellery division by 50%.
2010: Asian Star Jewels Pvt. Ltd., a wholly-owned jewellery subsidiary for international market, began its manufacturing operations.
2010: New jewellery manufacturing unit at Hosur, Tamil Nadu.
2011: Wholly-owned subsidiary in Hong Kong - Asian Star Trading (Hong Kong) Ltd.
2011: A'Star Jewellery opened a Couture Diamond Boutique ex-factory at Mumbai.
2012: Registered as a commercial member of the Responsible Jewellery Council (RJC).
2013: Asian Star Co. Ltd.- Certified Member of the Responsible Jewellery Council (RJC).
2013: Expansion of set-up in Surat to 100,000 sq. ft. area for diamond processing.
2015: One amongst few to receive Strategic Supply from De Beers.
2015: Long-term rough supply contracts with Alrosa, Dominion Diamond and Rio Tinto.
2016: Approved Manufacturer of CanadaMark and Australian Diamonds.
2017: Approved Manufacturer of Forevermark.
2017: ISO 9001: 2015 CERTIFICATE from TUV NORD, Germany.
2021: Approved Programme Participant of De Beers Code of Origin.
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