Uday Jewellery Industries Ltd was incorporated on May 13 1999 under the name of Net Trade Innovations Private Limited under the Companies Act 1956.The Company was subsequently converted into a Public Limited Company on February 16 2000. The name of the Company was further changed to Hifunda.Com Limited on February 18 2000. On June 04 2004 the Company again changed its name to Hifunda Ltd. with the change in its various business activities. The name of the Company was then changed to Uday Jewellery Industries Limited on 17th October 2011 post the takeover of the Company by its present management. Currently the Company is carrying on the business of Trading in cz and colour stone studded jewellery.