Damani Castings Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
as on 12-07-2024
- Paid Up Capital ₹ 1.00 Cr
as on 12-07-2024
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 28.18 Cr
as on 12-07-2024
- Satisfied Charges ₹ 49.24 Cr
as on 12-07-2024
- Revenue 734.30%
(FY 2023)
- Profit -660.51%
(FY 2023)
- Ebitda 123.98%
(FY 2023)
- Net Worth -27.25%
(FY 2023)
- Total Assets 275.89%
(FY 2023)
About Damani Castings
The Corporate was formerly known as Achjay Steels (India) Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹28.18 Cr. The company has closed loans amounting to ₹49.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shiv Damani and Nilesh Damani serve as directors at the Company.
- CIN/LLPIN
U74899MH1995PTC412656
- Company No.
067306
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Apr 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
North West Delhi, Delhi, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Damani Castings?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shiv Damani  | Director | 21-Feb-2022 | Current |
| Nilesh Damani | Director | 21-Feb-2022 | Current |
Financial Performance of Damani Castings.
Damani Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 734.3% increase. The company also saw a substantial fall in profitability, with a 660.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Damani Castings?
In 2023, Damani Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bikaner Iron And Steel Industries Private LimitedActive 29 years 5 monthsShiv Damani and Nilesh Damani are mutual person
- Damani Enterprises India Private LimitedActive 29 years 6 months
Shiv Damani and Nilesh Damani are mutual person
Charges (Loans)
₹28.18 Cr
₹49.24 Cr
Charges Breakdown by Lending Institutions
- Others : 28.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2023 | Others | ₹1.75 M | Open |
| 28 Sep 2022 | Others | ₹28.00 Cr | Open |
| 28 Jan 2019 | Tata Capital Financial Services Limited | ₹3.50 Cr | Satisfied |
| 29 Nov 2013 | Small Industries Development Bank Of India | ₹1.00 Cr | Satisfied |
| 07 May 2013 | Reliance Capital Ltd | ₹1.34 Cr | Satisfied |
How Many Employees Work at Damani Castings?
Unlock and access historical data on people associated with Damani Castings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Damani Castings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Damani Castings's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
