Damco Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.50 Cr
- Satisfied Charges ₹ 39.92 Cr
- Revenue Growth 55.10%
- Profit Growth 23.56%
- Ebitda 25.52%
- Net Worth 10.90%
- Total Assets 26.37%
About Damco Solutions
Damco Solutions Private Limited (DSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 May 1996 and has a history of 28 years and ten months. Its registered office is in Delhi, India.
The Company is engaged in the Information Technology 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹20.50 Cr. The company has closed loans amounting to ₹39.92 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jai Gupta, Dimple Gupta, Mohit Gupta, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200DL1996PTC079221
- Company No.
079221
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 May 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Information Technology
What products or services does Damco Solutions Private Limited offer?
Damco Solutions Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, IT Consultancy, Software Testing Services, CRM Software, CRM Solutions, Business Consultant, Online Product Management Service, IT Infrastructure Solution, Infrastructure Management Services.
Who are the key members and board of directors at Damco Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dimple Gupta  | Managing Director | 27-May-1996 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohit Gupta | Director | 10-Dec-1996 | Current |
| Jai Gupta | Director | 01-May-2001 | Current |
| Sheil Gupta | Director | 01-May-2001 | Current |
Financial Performance of Damco Solutions.
Damco Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.1% increase. The company also saw a substantial improvement in profitability, with a 23.56% increase in profit. The company's net worth Soared by an impressive increase of 10.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Damco Solutions?
In 2023, Damco Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Damco Advanced Solutions Private LimitedJai Gupta, Dimple Gupta and 2 more are mutual person
Achieva Consulting Private LimitedDimple Gupta and Mohit Gupta are mutual person
Charges (Loans)
Open Charges
₹20.50 Cr
Satisfied Charges
₹39.92 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 20.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 2022 | Hdfc Bank Limited | ₹5.00 M | Open |
| 26 Apr 2007 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 05 Jan 2017 | Others | ₹11.95 Cr | Satisfied |
| 30 Aug 2013 | Religare Finvest Limited | ₹1.20 Cr | Satisfied |
| 29 Mar 2011 | Religare Finvest Limited | ₹1.89 Cr | Satisfied |
How Many Employees Work at Damco Solutions?
Damco Solutions has a workforce of 753 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Damco Solutions, 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 Damco Solutions'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.
Latest Updates, News, and FAQs on Damco Solutions
Recent activity within the organization
- Annual General Meeting
Damco Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Damco Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 26 Apr 2007 with Charge ID 10072738 was modified on 07 Sep 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100627007 was registered on 21 Jul 2022.
- Charges
A charge registered on 05 Jan 2017 via Charge ID 100074683 with Others was fully satisfied on 18 Mar 2020.
- Charges
A charge registered on 09 Jun 2008 via Charge ID 10106240 with Others was fully satisfied on 18 Jan 2017.
Frequently asked questions
What is the Incorporation or founding date of Damco Solutions Private Limited?
Damco Solutions Private Limited was incorporated on 27 May 1996.
What is authorized share capital and paid-up capital of Damco Solutions Private Limited?
The authorized share capital of Damco Solutions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Damco Solutions Private Limited?
Currently 4 directors are associated with Damco Solutions Private Limited.
- Jai Parkash Gupta
- Dimple Gupta
- Mohit Gupta
- Sheil Gupta
What is the registered address of Damco Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Damco Solutions Private Limited is 6/41 Sunder Kiran Building 209, W.E.A Karol Bagh India, New Delhi, 110005.
What is the corporate identification number (CIN) and company number of Damco Solutions Private Limited?
The corporate identification number (CIN) of Damco Solutions Private Limited is U72200DL1996PTC079221 and the company number is 079221 as per Ministry of Corporate Affairs (MCA).
What is the official website of Damco Solutions Private Limited?
The Official website of Damco Solutions Private Limited is https://www.damcogroup.com
What has been the recent revenue trend for Damco Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Damco Solutions Private Limited has risen by 55.10%.
How many employees does Damco Solutions Private Limited currently have?
As Per 2023 financial reports, 753 employees are currently employed by Damco Solutions Private Limited.
What change has been observed in the net worth of Damco Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Damco Solutions Private Limited has experienced an upsurge of 10.90%.
What are the total open charges for Damco Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Damco Solutions Private Limited amount to ₹ 20.50 Cr.
When was the last Balance Sheet of Damco Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Damco Solutions Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
Sambit SarangiDirector and Key Managerial Personnel