Dwarkesh Finance Limited

Provides financial services such as investments, inter-corporate deposits, hire purchasing, and leasing.

1992 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: January 18, 2025

Dwarkesh Finance Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -10.60%
  • Profit Growth -52.54%
  • Ebitda 77.79%
  • Net Worth 0.85%
  • Total Assets 10.60%

About Dwarkesh Finance

Dwarkesh Finance Limited (DFL) is a Public Limited Indian Non-Government Company incorporated in India on 29 June 1992 and has a history of 32 years and seven months. Its registered office is in Gandhi Nagar, Gujarat, India.

The Corporate was formerly known as Richmore Finance And Leasing Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Gupta, Hemant Kasliwal, and Arpit Bangur serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1992PLC017790

  • Company No.

    017790

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1992

  • Date of AGM

    12 Dec 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Dwarkesh Finance?

Executive Team (1)

Name Designation Appointment Date Status
Rajesh Gupta Country flag representing In Managing Director 20-Sep-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Hemant Kasliwal Country flag representing In Director 30-Mar-2019 Current
Arpit Bangur Country flag representing In Director 01-Apr-2022 Current

Financial Performance of Dwarkesh Finance.

Dwarkesh Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.6% decrease. The company also saw a substantial fall in profitability, with a 52.54% decrease in profit. The company's net worth moved up by a moderate rise of 0.85%.

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
-10.60%
Revenue from Operations
-21.78%
Total Assets
10.60%
Profit or Loss
-52.54%
Net Worth
0.85%
EBITDA
77.79%

What is the Ownership and Shareholding Structure of Dwarkesh Finance?

In 2023, Dwarkesh Finance had a promoter holding of 84.35% and a public holding of 15.65%. The company had 7 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Dwarkesh Finance?

Unlock and access historical data on people associated with Dwarkesh Finance, 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 Dwarkesh Finance, 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 Dwarkesh Finance'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 Dwarkesh Finance

Recent activity within the organization

  • Annual General Meeting

    Dwarkesh Finance Limited last Annual general meeting of members was held on 12 Dec 2022 as per latest MCA records.

    12 Dec 2022

  • Director Appointment

    Arpit Bangur was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Balance Sheet

    Dwarkesh Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Hemant Kasliwal was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 5 years 10 months .

    30 Mar 2019

  • Director Appointment

    Rajesh Kumar Gupta was appointed as a Managing Director was appointed as a Managing Director on 20 Sep 2007 & has been associated with this company since 17 years 4 months .

    20 Sep 2007

  • Company Incorporation

    Dwarkesh Finance Limited was registered on 29 Jun 1992 with RoC-Ahmedabad & aged 32 years 7 months as per MCA records.

    29 Jun 1992

Frequently asked questions

  • Dwarkesh Finance Limited was incorporated on 29 Jun 1992.

  • The authorized share capital of Dwarkesh Finance Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 3 directors are associated with Dwarkesh Finance Limited.

    • Rajesh Kumar Gupta
    • Hemant Kasliwal
    • Arpit Bangur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dwarkesh Finance Limited is D- 1008 Ganesh Meridian Opp. Kargil Petrol Pump S.G Highway Ahmedabad-, Gandhi Nagar, Gujarat, India, 380060.

  • The corporate identification number (CIN) of Dwarkesh Finance Limited is U65910GJ1992PLC017790 and the company number is 017790 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dwarkesh Finance Limited has fallen by -10.60%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dwarkesh Finance Limited has experienced an upsurge of 0.85%.

  • The most recent Balance Sheet for Dwarkesh Finance Limited was filed with the ROC on 31 Mar 2022.

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