Episode 34, aired 20 Feb 2025 (“Snack, Sparkle And Speed”)

Palmonas

Demi fine jewellery

Did the deal close?

Closed, confirmedStill trading

The money moved. A registry filing, the founder, or the shark confirms the investment on the terms you saw on TV.

On TV

Actually

₹1.26 crore for 1%

Partial secondary exit about 14 months after the February 2025 investment

Trading: Still trading · Dated press or data-vendor coverage (inc42.com, 25 Aug 2025)

Sources

Checked

11 Sept 2026

History

Asked for: ₹ 1.26 Crores for 1% equity
Deal as aired: ₹ 1.26 Crores for 1% equity and 0.5% royalty until 1.26 Crores are recouped
Sharks in the deal: Namita Thapar Ritesh Agarwal
Sharks on the panel: Namita Thapar, Aman Gupta, Vineeta Singh, Ritesh Agarwal, Kunal Bahl
On-air amount: ₹1.26 crore

Legal entity: Demifine Fashion Private Limited
CIN: U14101PN2023PTC226390
Registry status: Active
Incorporated: 14 Dec 2023
Paid-up capital: ₹1.47 lakh
Last AGM: 9 Dec 2024
Directors added after the air date: Kanika Mayar (Nominee Director, 2025-08-06); Shraddha Kapoor (Director, 2025-09-01); Rahul Mody Amod (Nominee Director, 2025-09-02); Sagar Vinayak Chaphalkar (Nominee Director, 2025-09-02)
Charges: 50100000 open, registered 2025-08-20; 20000000 open, registered 2025-08-20
Source: thecompanycheck.com

Every source we opened for this company, with the date we saw it.

Date	Kind	Source	What it shows
11 Sept 2026	shark-public	businesstoday.in	Namita Thapar said in her own social media post that she made a partial exit from Palmonas at almost 9X returns in 14 months. She held real shares from the Shark Tank round.
11 Sept 2026	company-statement	inc42.com	Inc42's Series A story states Palmonas was valued at INR 126 Cr in February following an INR 1.26 Cr investment by Namita Thapar and Ritesh Agarwal on Shark Tank India Season 4.
8 Sept 2026	registry	thecompanycheck.com	Fetched. Active, inc 2023-12-14, ROC Pune, auth 10.42L, paid-up 1.47L, AGM 2024-12-09, BS 2024-03-31; four directors added in 2025 including three nominee directors; two open charges of 5.01 crore and 2 crore both registered 2025-08-20.
8 Sept 2026	founder	palmonas.com	Fetched. Terms name the operating entity as Demifine FASHION PVT LTD, Koregaon Park Annexe, Pune.

Operating-status evidence tier 5: Dated press or data-vendor coverage.

Also in episode 34