Dvara Solutions Private Limited

Provides IT design and development services for financial institutions with their comprehensive product Perdix.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Dvara Solutions Profile

Key Indicators

  • Authorised Capital ₹ 16.10 Cr
  • Paid Up Capital ₹ 11.72 Cr
  • Company Age 7 Year, 2 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 two months 6 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

    dvara.com

  • 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)

NameDesignationAppointment DateStatus
Vijay Chand Country flag representing In Managing DirectorCurrent
Rajan Sruthi Company Secretary17-Feb-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Samir Shah Country flag representing Sg Director 16-May-2018Current
John Fischer Country flag representing Us Nominee Director 08-Sep-2022Current
Arunkumar Thiagarajan Country flag representing In Director 28-Sep-2023Current
Anal Kumar Country flag representing In Director 13-Nov-2019Current
Vijayaraghavan Venkatesan Country flag representing In Director 18-Dec-2017Current
Kapil Gupta Country flag representing In Nominee Director 03-Apr-2019Current

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%.

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
13.87%
Revenue from Operations
14.56%
Total Assets
-13.94%
Profit or Loss
-16.19%
Net Worth
-93.68%
EBITDA
8.33%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.40 Cr

Satisfied Charges

₹2.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.40 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2021Others₹2.40 CrOpen
05 Jun 2020Idbi Trusteeship Services Limited₹1.20 CrSatisfied
27 Nov 2019Idbi Trusteeship Services Limited₹1.20 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    28 Sep 2023

  • 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 4 months .

    28 Sep 2023

  • 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.

    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.

    31 Mar 2023

  • 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 5 months .

    08 Sep 2022

  • Charges

    A charge registered on 05 Jun 2020 via Charge ID 100340644 with Idbi Trusteeship Services Limited was fully satisfied on 24 Nov 2021.

    24 Nov 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Dvara Solutions Private Limited was incorporated on 18 Dec 2017.

  • The authorized share capital of Dvara Solutions Private Limited is ₹ 16.10 Cr and paid-up capital is ₹ 11.72 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Dvara Solutions Private Limited is https://www.dvara.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dvara Solutions Private Limited has risen by 13.87%.

  • As Per 2023 financial reports, 45 employees are currently employed by Dvara Solutions Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dvara Solutions Private Limited amount to ₹ 2.40 Cr.

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

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