Damos Trading Company Private Limited

Manufactures and sells gums and gum bearing products, chemicals, and machinery.

1958 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Damos Trading Company Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.81 M
  • Company Age 66 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 80.14 Cr
  • Revenue Growth -54.87%
  • Profit Growth -62.53%
  • Ebitda 32.57%
  • Net Worth 4.15%
  • Total Assets 4.28%

About Damos Trading Company

Damos Trading Company Private Limited (DTCPL) was founded in India on 20 February 1958 and has a glorious history of 66 years and 11 months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.81 M.

The company has closed loans amounting to ₹80.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ajay Merchant, Atul Merchant, Dhirendra Merchant, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24200MH1958PTC011032

  • Company No.

    011032

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 1958

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Damos Trading Company?

Board Members (4)

NameDesignationAppointment DateStatus
Ajay Merchant Country flag representing In Director 31-Jul-2003Current
Atul Merchant Country flag representing In Director 13-Dec-2020Current
Dhirendra Merchant Country flag representing In Director 15-Jun-1968Current
Piyush Merchant Country flag representing In Director 31-Jul-2003Current

Financial Performance of Damos Trading Company.

Damos Trading Company Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.87% decrease. The company also saw a substantial fall in profitability, with a 62.53% decrease in profit. The company's net worth moved up by a moderate rise of 4.15%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-54.87%
Revenue from Operations
Total Assets
4.28%
Profit or Loss
-62.53%
Net Worth
4.15%
EBITDA
32.57%

What is the Ownership and Shareholding Structure of Damos Trading Company?

In 2023, Damos Trading Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹80.14 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 78.56 Cr
  • The Bank Of Baroda Ltd. : 0.80 Cr
  • The Bank Of Baroda Limited : 0.40 Cr
  • Gujrat State Financial Corporation : 0.30 Cr
  • Rajasthan Financial Corporation : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 1999Bank Of Baroda₹1.10 CrSatisfied
06 Aug 1999Bank Of Baroda₹2.00 CrSatisfied
10 Feb 1998Bank Of Baroda₹36.36 CrSatisfied
07 May 1997Bank Of Baroda₹3.50 CrSatisfied
20 Jan 1995Bank Of Baroda₹5.00 CrSatisfied

How Many Employees Work at Damos Trading Company?

Unlock and access historical data on people associated with Damos Trading Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Damos Trading Company, 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 Damos Trading Company's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Damos Trading Company

Recent activity within the organization

  • Annual General Meeting

    Damos Trading Company Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Balance Sheet

    Damos Trading Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Atul Dhirendra Merchant was appointed as a Director was appointed as a Director on 13 Dec 2020 & has been associated with this company since 4 years 1 month .

    13 Dec 2020

  • Director Appointment

    Ajay Kishore Merchant was appointed as a Director was appointed as a Director on 31 Jul 2003 & has been associated with this company since 21 years 6 months .

    31 Jul 2003

  • Director Appointment

    Piyush Anilkumar Merchant was appointed as a Director was appointed as a Director on 31 Jul 2003 & has been associated with this company since 21 years 6 months .

    31 Jul 2003

  • Charges

    A charge registered on 20 Jan 1995 via Charge ID 90222433 with Bank Of Baroda was fully satisfied on 18 Dec 2001.

    18 Dec 2001

Frequently asked questions

  • Damos Trading Company Private Limited was incorporated on 20 Feb 1958.

  • The authorized share capital of Damos Trading Company Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.81 M.

  • Currently 4 directors are associated with Damos Trading Company Private Limited.

    • Ajay Kishore Merchant
    • Atul Dhirendra Merchant
    • Dhirendra Kanji Merchant
    • Piyush Anilkumar Merchant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Damos Trading Company Private Limited is 6/B Floor-6 68 Suvas Building Rungta Lane, Malabar Hill India, Mumbai, Maharashtra, 400006.

  • The corporate identification number (CIN) of Damos Trading Company Private Limited is U24200MH1958PTC011032 and the company number is 011032 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Damos Trading Company Private Limited has fallen by -54.87%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Damos Trading Company Private Limited has experienced an upsurge of 4.15%.

  • The most recent Balance Sheet for Damos Trading Company Private Limited was filed with the ROC on 31 Mar 2024.

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