Daspan Industries Limited

Manufactures and exports cookware, electrical products, and fans since 2006.

2006 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Daspan Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.79 Cr
  • Satisfied Charges ₹ 5.36 Cr
  • Revenue Growth -9.74%
  • Profit Growth -60.29%
  • Ebitda -28.12%
  • Net Worth 2.87%
  • Total Assets 17.04%

About Daspan Industries

Daspan Industries Limited (DIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 July 2006 and has a history of 18 years and ten months. Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹6.79 Cr. The company has closed loans amounting to ₹5.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogesh Hiran, Uttamchand Vishal, Uttamchand Kamaladevi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31904TN2006PLC060576

  • Company No.

    060576

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Daspan Industries Limited offer?

Daspan Industries Limited offers a wide range of products and services, including Cookware and Cooking Utensils, Pressure Cooker.

Company report

Daspan Industries Limited

Explore comprehensive data for Daspan Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Daspan Industries?

Board Members (5)

NameDesignationAppointment DateStatus
Yogesh Hiran Country flag representing In Director 30-Jun-2022Current
Uttamchand Vishal Country flag representing In Director 18-Jul-2006Current
Uttamchand Kamaladevi Country flag representing In Director 18-Jul-2006Current
Kavitha Hiran Country flag representing In Director 26-Feb-2010Current
Preethi Hiran Country flag representing In Director 11-Nov-2013Current

Financial Performance of Daspan Industries.

Daspan Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.74% decrease. The company also saw a substantial fall in profitability, with a 60.29% decrease in profit. The company's net worth moved up by a moderate rise of 2.87%.

Daspan Industries revenue growth over time
Daspan Industries 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
-9.74%
Revenue from Operations
-9.80%
Total Assets
17.04%
Profit or Loss
-60.29%
Net Worth
2.87%
EBITDA
-28.12%

What is the Ownership and Shareholding Structure of Daspan Industries?

In 2023, Daspan Industries 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

₹6.79 Cr

Satisfied Charges

₹5.36 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.79 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2022Others₹6.74 CrOpen
15 Oct 2020Others₹0.51 MOpen
07 Jun 2018Others₹2.96 CrSatisfied
03 Jul 2014Axis Bank Limited₹1.60 CrSatisfied
09 Oct 2013The Karur Vysya Bank Limited₹8.00 MSatisfied

How Many Employees Work at Daspan Industries?

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

Employee growth trends for Daspan Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Daspan Industries, 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 Daspan Industries'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 Daspan Industries

Recent activity within the organization

  • Annual General Meeting

    Daspan Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Daspan Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 07 Jun 2018 via Charge ID 100187316 with Others was fully satisfied on 20 Oct 2022.

  • Charges

    A charge with Others amounted to Rs. 6.74 Cr with Charge ID 100615894 was registered on 30 Aug 2022.

  • Director Appointment

    Yogesh Uttamchand Hiran was appointed as a Director was appointed as a Director on 30 Jun 2022 & has been associated with this company since 2 years 10 months .

  • Charges

    A charge with Others amounted to Rs. 0.05 Cr with Charge ID 100395545 was registered on 15 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Daspan Industries Limited?

    Daspan Industries Limited was incorporated on 18 Jul 2006.

  • What is authorized share capital and paid-up capital of Daspan Industries Limited?

    The authorized share capital of Daspan Industries Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Daspan Industries Limited?

    Currently 5 directors are associated with Daspan Industries Limited.

    • Yogesh Uttamchand Hiran
    • Uttamchand Vishal
    • Uttamchand Kamaladevi
    • Kavitha Hiran
    • Preethi Vishal Hiran

  • What is the registered address of Daspan Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Daspan Industries Limited is No. 3, N.M.R Subburaman Road Periachokkikulam India, Madurai, Tamil Nadu, 625002.

  • What is the corporate identification number (CIN) and company number of Daspan Industries Limited?

    The corporate identification number (CIN) of Daspan Industries Limited is U31904TN2006PLC060576 and the company number is 060576 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Daspan Industries Limited?

    The Official website of Daspan Industries Limited is https://www.daspan.net

  • What has been the recent revenue trend for Daspan Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Daspan Industries Limited has fallen by -9.74%.

  • What change has been observed in the net worth of Daspan Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Daspan Industries Limited has experienced an upsurge of 2.87%.

  • What are the total open charges for Daspan Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Daspan Industries Limited amount to ₹ 6.79 Cr.

  • When was the last Balance Sheet of Daspan Industries Limited filed with the ROC?

    The most recent Balance Sheet for Daspan Industries Limited was filed with the ROC on 31 Mar 2023.

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