Dorence Industries Private Limited

Manufactures automatic door closers and furniture hardware products since 2016.

2016 | Rajkot, Gujarat (India) | Active
Last Updated: July 05, 2024

Dorence Industries Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.55 Cr
  • Satisfied Charges ₹ 9.93 Cr
  • Revenue Growth -8.95%
  • Profit Growth -104.63%
  • Ebitda -21.78%
  • Net Worth -0.11%
  • Total Assets 26.82%

About Dorence Industries

Dorence Industries Private Limited (DIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 2016 (Eight years and nine months 22 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing 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 6.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹2.55 Cr. The company has closed loans amounting to ₹9.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harshadbhai Kotadiya, Bhavnaben Kotadiya, and Prince Kotadiya serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36990GJ2016PTC091679

  • Company No.

    091679

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Dorence Industries Private Limited offer?

Dorence Industries Private Limited offers a wide range of products and services, including Door Closer, Pelmet Arm Door Closer, Brackets, Holder & Hardware Fittings, Glass Fitting, Hydraulic Door Closer, Door & Window, Hinges & Fittings.

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

Board Members (3)

Name Designation Appointment Date Status
Prince Kotadiya Country flag representing In Director 26-Feb-2021 Current
Bhavnaben Kotadiya Country flag representing In Director 26-Apr-2016 Current
Harshadbhai Kotadiya Country flag representing In Director 26-Apr-2016 Current

Financial Performance of Dorence Industries.

Dorence Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.95% decrease. The company also saw a substantial fall in profitability, with a 104.63% decrease in profit. The company's net worth dipped by a decrease of 0.11%.

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
-8.95%
Revenue from Operations
-8.67%
Total Assets
26.82%
Profit or Loss
-104.63%
Net Worth
-0.11%
EBITDA
-21.78%

What is the Ownership and Shareholding Structure of Dorence Industries?

In 2023, Dorence 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

₹25.50 M

Satisfied Charges

₹99.30 M

Charges Breakdown by Lending Institutions

  • Others : 1.93 Cr
  • Sidbi : 0.62 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2023 Others ₹1.93 Cr Open
22 Dec 2022 Sidbi ₹6.20 M Open
08 Sep 2016 Others ₹9.93 Cr Satisfied

How Many Employees Work at Dorence Industries?

Unlock and access historical data on people associated with Dorence Industries, 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 Dorence 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 Dorence 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 Dorence Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 19.30 M registered on 29 Dec 2023 with Charge ID 100851225 was modified on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge registered on 08 Sep 2016 via Charge ID 100049750 with Others was fully satisfied on 15 Jan 2024.

    15 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 19.30 M with Charge ID 100851225 was registered on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Dorence Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 6.20 M with Charge ID 100654975 was registered on 22 Dec 2022.

    22 Dec 2022

Frequently asked questions

  • Dorence Industries Private Limited was incorporated on 26 Apr 2016.

  • The authorized share capital of Dorence Industries Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.00 M.

  • Currently 3 directors are associated with Dorence Industries Private Limited.

    • Harshadbhai Babubhai Kotadiya
    • Bhavnaben Harshadbhai Kotadiya
    • Prince Harshadbhai Kotadiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dorence Industries Private Limited is St. No. 3 R.S. No. 77 Plot No. 22 Khodiyar Ind. Area B/H. Sahjanand Hardware Mavdi Byp, Ass Road, Rajkot, Gujarat, India, 360004.

  • The corporate identification number (CIN) of Dorence Industries Private Limited is U36990GJ2016PTC091679 and the company number is 091679 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dorence Industries Private Limited is https://www.dorencedoorcloser.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dorence Industries Private Limited has fallen by -8.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dorence Industries Private Limited has experienced an downturn of -0.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dorence Industries Private Limited amount to ₹ 2.55 Cr.

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