Company Intelligence Profile
Demifine Fashion Private Limited
Demifine Fashion Private Limited runs Palmonas, a direct-to-consumer demi-fine jewellery brand based in Pune, co-founded by actor Shraddha Kapoor.
Last updated 26 October 2026
Demifine Fashion Private Limited runs Palmonas, a direct-to-consumer demi-fine jewellery brand made of stainless steel with an 18k gold vermeil coating. The company was incorporated on 14 December 2023 and is registered in Pune, Maharashtra. It reported revenue of ₹97 Lakh in FY2023-24. In 2024 it raised a Series A of ₹55 Cr led by Vertex Ventures.
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Company Identity
| Registered name | Demifine Fashion Private Limited |
|---|---|
| CIN | U14101PN2023PTC226390 |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 14 December 2023 |
| ROC | RoC Pune (Maharashtra) |
| Sector (NIC) | Consumer Brands (NIC 14101) |
| Registered address | Office No. 501-505A, 5th Floor, Verdant 84, Plot 1, Lane Z, Koregaon Park Annexe, Mundhva, Pune 411036 |
| Authorized capital | Conflict |
| Paid-up capital | Conflict |
Business Overview
- Demifine Fashion Private Limited operates the Palmonas brand of demi-fine jewellery.
- Its pieces are made of stainless steel with an 18k gold vermeil coating.
- The Palmonas brand was founded in 2022 by Amol Patwari and Pallavi Mohadikar.
- Shraddha Kapoor joined as co-founder in March 2024.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Amol Sangram Patwari | 09184952 | Director | - |
| Pallavi Ashok Mohadikar | 07504451 | Director | - |
| Shraddha Kapoor | 01219257 | Director | - |
| Rahul Mody Amod | 07821356 | Director | - |
| Kanika Mayar | 08758174 | Nominee Director | - |
Financials
- Revenue ₹97 Lakh
Funding
- 2024: Series A of ₹55 Cr led by Vertex Ventures
Competitors
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