Natural & Lab-Grown Polished Diamonds

Certified diamonds,
traded with precision.

PHS Diamond sources, grades, and supplies natural and lab-grown polished diamonds. Every stone is backed by GIA or IGI certification and priced for the trade.

GIA / IGI Certified
Natural & Lab-Grown
GST Registered Trade
Direct Supplier Network

Our Story

25+ years in the diamond trade.

Founded by Piyush H. Shah, PHS Diamond began as a single trading desk in Mumbai over 25 years ago. What started with one office has grown into a trade network built city by city — one certified stone and one trusted relationship at a time. Today we deal in both natural and lab-grown polished diamonds, supplying manufacturers and retailers who need consistent quality and dependable stock.

Mumbai — Head Office Kolkata Hyderabad Bengaluru Delhi
25+
Years in the trade
5
City locations
2
Natural + Lab-Grown
GIA/IGI
Certification standard

Sourcing

Two sources, one standard.

Every stone we offer — mined or grown — is graded and verified to the same standard before it reaches you.

Natural

Natural Diamonds

Formed over billions of years under the earth's mantle, each natural diamond is one of a kind. We source through a vetted network of cutters and traders, verifying origin and grading before every purchase.

Lab-Grown

Lab-Grown Diamonds

Chemically, physically and optically identical to natural diamonds — grown in controlled conditions using CVD and HPHT methods. A more accessible route to the same brilliance, fire and durability.

Certification

Graded on the 4Cs.

Every certificate we pass on to you tells you exactly what you're buying.

C+

Cut

How precisely a diamond is faceted — the single biggest factor in how it catches and returns light.

C+

Color

Graded D (colorless) to Z (light yellow). The less body color, the rarer and more valuable the stone.

C+

Clarity

Rated from Flawless to Included, based on the size, number and visibility of natural inclusions.

C+

Carat

A diamond's weight — one carat equals 0.2 grams. Larger stones become exponentially rarer.

Collection

Current stock, 81 stones.

Lab-grown polished diamonds, updated from our internal register. Filter by shape, availability, or sort by price and carat.

Contact

Get in touch.

For stone-specific pricing, add items to your inquiry and send it through — or reach us directly below.

General Enquiry

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