Desco Infratech Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 5.63 Cr
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.56 Cr
- Satisfied Charges ₹ 2.87 Cr
- Revenue Growth 47.09%
- Profit Growth 67.65%
- Ebitda 46.49%
- Net Worth 35.43%
- Total Assets 77.85%
About Desco Infratech
Desco Infratech Limited (DIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 2011 and has a history of 14 years and four months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Construction 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 9.00 Cr and a paid-up capital of Rs 5.63 Cr.
The company currently has active open charges totaling ₹7.56 Cr. The company has closed loans amounting to ₹2.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Malhar Desai, Samarth Desai, Hina Desai, and One other member serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45201GJ2011PLC063710
- Company No.
063710
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jan 2011
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Construction
Desco Infratech Limited
Explore comprehensive data for Desco Infratech Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Desco Infratech?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malhar Desai  | Director | 16-Jan-2016 | Current |
| Samarth Desai | Director | 03-Jan-2018 | Current |
| Hina Desai | Director | 30-Sep-2022 | Current |
| Amulya Jena | Director | 05-May-2022 | Current |
Financial Performance of Desco Infratech.
Desco Infratech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.09% increase. The company also saw a substantial improvement in profitability, with a 67.65% increase in profit. The company's net worth Soared by an impressive increase of 35.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Desco Infratech?
In 2023, Desco Infratech 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)
- Desai Energy Llp
Hina Desai is a mutual person
Charges (Loans)
Open Charges
₹7.56 Cr
Satisfied Charges
₹2.87 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 7.50 Cr
- Hdfc Bank Limited : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2022 | Hdfc Bank Limited | ₹0.60 M | Open |
| 11 Aug 2021 | Yes Bank Limited | ₹7.50 Cr | Open |
| 21 Sep 2019 | Others | ₹2.87 Cr | Satisfied |
How Many Employees Work at Desco Infratech?
Desco Infratech has a workforce of 285 employees as of Apr 04, 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 Desco Infratech, 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 Desco Infratech'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 Desco Infratech
Recent activity within the organization
- Annual General Meeting
Desco Infratech Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Balance Sheet
Desco Infratech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Yes Bank Limited of Rs. 7.50 Cr registered on 11 Aug 2021 with Charge ID 100494699 was modified on 24 Nov 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100665982 was registered on 31 Dec 2022.
- Director Appointment
Hina Pankaj Desai was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 7 months .
- Director Appointment
Amulya Kumar Jena was appointed as a Director was appointed as a Director on 05 May 2022 & has been associated with this company since 3 years 18 days .
Frequently asked questions
What is the Incorporation or founding date of Desco Infratech Limited?
Desco Infratech Limited was incorporated on 19 Jan 2011.
What is authorized share capital and paid-up capital of Desco Infratech Limited?
The authorized share capital of Desco Infratech Limited is ₹ 9.00 Cr and paid-up capital is ₹ 5.63 Cr.
Who are the current board members & directors of Desco Infratech Limited?
Currently 4 directors are associated with Desco Infratech Limited.
- Malhar Pankajbhai Desai
- Samarth Pankaj Desai
- Hina Pankaj Desai
- Amulya Kumar Jena
What is the registered address of Desco Infratech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Desco Infratech Limited is A-703 Swastik Universal Next To Valentine Theatre Dumas Road, India, Surat, Gujarat, 395007.
What is the corporate identification number (CIN) and company number of Desco Infratech Limited?
The corporate identification number (CIN) of Desco Infratech Limited is U45201GJ2011PLC063710 and the company number is 063710 as per Ministry of Corporate Affairs (MCA).
What is the official website of Desco Infratech Limited?
The Official website of Desco Infratech Limited is https://www.descoinfra.co.in
What has been the recent revenue trend for Desco Infratech Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Desco Infratech Limited has risen by 47.09%.
How many employees does Desco Infratech Limited currently have?
As Per 2023 financial reports, 285 employees are currently employed by Desco Infratech Limited.
What change has been observed in the net worth of Desco Infratech Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Desco Infratech Limited has experienced an upsurge of 35.43%.
What are the total open charges for Desco Infratech Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Desco Infratech Limited amount to ₹ 7.56 Cr.
When was the last Balance Sheet of Desco Infratech Limited filed with the ROC?
The most recent Balance Sheet for Desco Infratech Limited was filed with the ROC on 31 Mar 2024.
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