Damvel Finance Private Limited
Provides financing services for various types of equipment and vehicles since 1995.
1995 | Coimbatore, Tamil Nadu (India) | Active
Damvel Finance Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 7.79%
- Profit Growth -62.33%
- Ebitda 3.90%
- Net Worth 0.48%
- Total Assets 0.45%
About Damvel Finance
Damvel Finance Private Limited (DFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 1995 and has a history of 29 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hiren Ashok, Chandraprabha Daga, Dilip Ashok, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921TZ1995PTC006308
- Company No.
006308
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jul 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Who are the key members and board of directors at Damvel Finance?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiren Ashok  | Director | 05-Jul-1995 | Current |
| Chandraprabha Daga | Director | 05-Jul-1995 | Current |
| Dilip Ashok | Director | 20-Mar-2011 | Current |
| Ashok Daga | Director | 05-Jul-1995 | Current |
Financial Performance of Damvel Finance.
Damvel Finance Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 7.79% increase. The company also saw a substantial fall in profitability, with a 62.33% decrease in profit. The company's net worth moved up by a moderate rise of 0.48%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Damvel Finance?
In 2018, Damvel Finance had a promoter holding of 75.18% and a public holding of 24.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sri Balakumaran Cotton Mills Private Limited
Hiren Ashok, Dilip Ashok and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Damvel Finance?
Unlock and access historical data on people associated with Damvel Finance, 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 Damvel Finance, 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 Damvel Finance'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 Damvel Finance
Recent activity within the organization
- Annual General Meeting
Damvel Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Damvel Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Director Appointment
Dilip Daga Ashok was appointed as a Director was appointed as a Director on 20 Mar 2011 & has been associated with this company since 14 years 10 days .
- Director Appointment
Hiren Daga Ashok was appointed as a Director was appointed as a Director on 05 Jul 1995 & has been associated with this company since 29 years 8 months .
- Director Appointment
Chandraprabha Ashok Daga was appointed as a Director was appointed as a Director on 05 Jul 1995 & has been associated with this company since 29 years 8 months .
- Director Appointment
Ashok Damji Daga was appointed as a Director was appointed as a Director on 05 Jul 1995 & has been associated with this company since 29 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Damvel Finance Private Limited?
Damvel Finance Private Limited was incorporated on 05 Jul 1995.
What is authorized share capital and paid-up capital of Damvel Finance Private Limited?
The authorized share capital of Damvel Finance Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Damvel Finance Private Limited?
Currently 4 directors are associated with Damvel Finance Private Limited.
- Hiren Daga Ashok
- Chandraprabha Ashok Daga
- Dilip Daga Ashok
- Ashok Damji Daga
What is the registered address of Damvel Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Damvel Finance Private Limited is 75Ponnurangam Road West R S Puram India, Coimbatore, Tamil Nadu, 641002.
What is the corporate identification number (CIN) and company number of Damvel Finance Private Limited?
The corporate identification number (CIN) of Damvel Finance Private Limited is U65921TZ1995PTC006308 and the company number is 006308 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Damvel Finance Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Damvel Finance Private Limited has risen by 7.79%.
What change has been observed in the net worth of Damvel Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Damvel Finance Private Limited has experienced an upsurge of 0.48%.
When was the last Balance Sheet of Damvel Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Damvel Finance Private Limited was filed with the ROC on 31 Mar 2024.
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