Dvara Solutions Profile
Key Indicators
- Authorised Capital ₹ 16.10 Cr
- Paid Up Capital ₹ 11.72 Cr
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.40 Cr
- Satisfied Charges ₹ 2.40 Cr
- Revenue Growth 13.87%
- Profit Growth -16.19%
- Ebitda 8.33%
- Net Worth -93.68%
- Total Assets -13.94%
About Dvara Solutions
Dvara Solutions Private Limited (DSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 December 2017 (Seven years and three months 9 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Information Technology 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 16.10 Cr and a paid-up capital of Rs 11.72 Cr.
The company currently has active open charges totaling ₹2.40 Cr. The company has closed loans amounting to ₹2.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Dvara Solutions Private Limited India are Vijay Chand as CEO and Rajan Sruthi as Company Secretary. Samir Shah, Anal Kumar, Arunkumar Thiagarajan, and Five other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TN2017PTC120042
- Company No.
120042
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Dec 2017
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Who are the key members and board of directors at Dvara Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Chand  | Managing Director | Current | |
| Rajan Sruthi | Company Secretary | 17-Feb-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Shah  | Director | 16-May-2018 | Current |
John Fischer  | Nominee Director | 08-Sep-2022 | Current |
| Arunkumar Thiagarajan | Director | 28-Sep-2023 | Current |
| Anal Kumar | Director | 13-Nov-2019 | Current |
| Vijayaraghavan Venkatesan | Director | 18-Dec-2017 | Current |
| Kapil Gupta | Nominee Director | 03-Apr-2019 | Current |
Financial Performance of Dvara Solutions.
Dvara Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.87% increase. The company also saw a substantial fall in profitability, with a 16.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 93.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Dvara Solutions?
In 2022, Dvara Solutions had a promoter holding of 44.51% and a public holding of 55.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
I-Exceed Technology Solutions Private LimitedKapil Gupta is a mutual person
- Dvara Health Finance Private Limited
Samir Shah and Vijayaraghavan Venkatesan are mutual person
- Dvara Research Foundation
Samir Shah is a mutual person
- Dvara E-Dairy Solutions Private Limited
Samir Shah and Vijayaraghavan Venkatesan are mutual person
- Dvara Holdings
Samir Shah is a mutual person
Dvara Money Private LimitedSamir Shah and Vijayaraghavan Venkatesan are mutual person
Charges (Loans)
Open Charges
₹2.40 Cr
Satisfied Charges
₹2.40 Cr
Charges Breakdown by Lending Institutions
- Others : 2.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2021 | Others | ₹2.40 Cr | Open |
| 05 Jun 2020 | Idbi Trusteeship Services Limited | ₹1.20 Cr | Satisfied |
| 27 Nov 2019 | Idbi Trusteeship Services Limited | ₹1.20 Cr | Satisfied |
How Many Employees Work at Dvara Solutions?
Dvara Solutions has a workforce of 45 employees as of Apr 08, 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 Dvara Solutions, 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 Dvara Solutions'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 Dvara Solutions
Recent activity within the organization
- Annual General Meeting
Dvara Solutions Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Director Appointment
Arunkumar Nerur Thiagarajan was appointed as a Director was appointed as a Director on 28 Sep 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge with Others of Rs. 2.40 Cr registered on 28 Oct 2021 with Charge ID 100503032 was modified on 27 Apr 2023.
- Balance Sheet
Dvara Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
John Henry Fischer was appointed as a Nominee Director was appointed as a Nominee Director on 08 Sep 2022 & has been associated with this company since 2 years 6 months .
- Charges
A charge registered on 05 Jun 2020 via Charge ID 100340644 with Idbi Trusteeship Services Limited was fully satisfied on 24 Nov 2021.
Recent News, Updates & Announcement
Dvara KGFS Secures Rs 97 Crore Funding to Expand Rural Wealth Management Services.Dvara KGFS, a rural NBFC, got Rs 97 crore in funding from Stakeboat Capital, LeapFrog Investment, Dvara Trust, and Accion. This will help them expand to new states and provide personalized wealth management to rural customers. #RuralFinanceGoals #FundingBoost #ExpandingHorizons.
- IIT Madras to devise AI solutions for financial inclusion.
The IIT researchers will develop algorithms which, when combined with observations by subject matter experts, will recommend financial products. .
Frequently asked questions
What is the Incorporation or founding date of Dvara Solutions Private Limited?
Dvara Solutions Private Limited was incorporated on 18 Dec 2017.
What is authorized share capital and paid-up capital of Dvara Solutions Private Limited?
The authorized share capital of Dvara Solutions Private Limited is ₹ 16.10 Cr and paid-up capital is ₹ 11.72 Cr.
Who are the current board members & directors of Dvara Solutions Private Limited?
Currently 10 directors are associated with Dvara Solutions Private Limited.
- Samir Amrit Shah
- Anal Jain Kumar
- Arunkumar Nerur Thiagarajan
- Vijayaraghavan Venkatesan
- Kapil Gupta
- John Henry Fischer
- Madhusudhanan Srinivasan
- Vijay Chand
- Vijay Chand
- Rajan Sruthi
What is the registered address of Dvara Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Dvara Solutions Private Limited is 10Th Floor Phase I Iit-Madras Research Park, Kanagam Village Taramani, Chennai, Tamil Nadu, India, 600113.
What is the corporate identification number (CIN) and company number of Dvara Solutions Private Limited?
The corporate identification number (CIN) of Dvara Solutions Private Limited is U74999TN2017PTC120042 and the company number is 120042 as per Ministry of Corporate Affairs (MCA).
What is the official website of Dvara Solutions Private Limited?
The Official website of Dvara Solutions Private Limited is https://www.dvara.com
What has been the recent revenue trend for Dvara Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Dvara Solutions Private Limited has risen by 13.87%.
How many employees does Dvara Solutions Private Limited currently have?
As Per 2023 financial reports, 45 employees are currently employed by Dvara Solutions Private Limited.
What change has been observed in the net worth of Dvara Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Dvara Solutions Private Limited has experienced an downturn of -93.68%.
What are the total open charges for Dvara Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Dvara Solutions Private Limited amount to ₹ 2.40 Cr.
When was the last Balance Sheet of Dvara Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Dvara Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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