
Dvara Ventures India Private Limited
About Dvara Ventures India Private Limited
Data last updated:
Dvara Ventures India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Ifmr Trust. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2007PTC065304.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Dcap Advisory Services India Private Limited and Ifmr Advisory Services India Private Limited. It is led by directors Samir Amrit Shah and Madhusudhanan Srinivasan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iit M Research Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹45,880, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1,305 (net margin 2.8%) and EBITDA of ₹1,305 (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Dvara Ventures India has undergone 3 name changes throughout its history. The company was previously known as Dcap Advisory Services India Private Limited, Ifmr Advisory Services India Private Limited, and Dvara Ventures India Private Limited. The current legal name is Dvara Ventures India Private Limited.
| Company Name | Status |
|---|---|
| Dvara Ventures India Private Limited | Current |
| Dcap Advisory Services India Private Limited | Previous |
| Ifmr Advisory Services India Private Limited | Previous |
Contact details
Dvara Ventures India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIit M Research Park Phase – I 10th Floor No.1 Kanagam Village (Behind TIDEL Park) Tara, Mani, Chennai, Tamil Nadu, India – 600113
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Dvara Ventures India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Dvara Ventures India Private Limited
FY 2025 filings availableDvara Ventures India Private Limited reported revenue of ₹45,880 (down 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 20% fall in the latest year. EBITDA fell 96% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,305 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,305 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Dvara Ventures India Private Limited, buy the company report.
Board of directors of Dvara Ventures India Private Limited
Dvara Ventures India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Amrit Shah Also directs: Dvara Smartgold Private Limited, Dvara Money Private Limited, Dvara Intelligent Systems Private Limited and 5 more | Director | 25 Oct 2024 | 2 Years 0 Months | Current |
| Madhusudhanan Srinivasan Also directs: Dvara Intelligent Systems Private Limited, Dvara Solutions Private Limited, Dhanei Kshetriya Gramin Services and 2 more | Director | 29 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Dvara Ventures India Private Limited is audited by JAGADEESH KEERTHY & SARAYU CHARTERED ACCOUNTANTS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGADEESH KEERTHY & SARAYU CHARTERED ACCOUNTANTS | FY 2017 | 228621 |
Shareholding
The shareholding of Dvara Ventures India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dvara Ventures India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dvara Ventures India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dvara Ventures India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Dvara Ventures India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dvara Ventures India Private Limited has 15 board changes on record since 2008: 2 appointments and 13 cessations. The latest: Madhusudhanan Srinivasan ceased to be Additional Director on 29 Sep 2025.
6 earlier events are in the company report.
Frequently asked questions
Dvara Ventures India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 November 2007 (19+ years old) and is registered under CIN U74140TN2007PTC065304.
Dvara Ventures India has 2 current directors:
- Samir Amrit Shah - Director
- Madhusudhanan Srinivasan - Director
The latest financial statements of Dvara Ventures India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dvara Ventures India is U74140TN2007PTC065304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dvara Ventures India was incorporated on 06 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Madhusudhanan Srinivasan ceased to be Additional Director on 29 Sep 2025. Samir Amrit Shah ceased to be Additional Director on 29 Sep 2025. Madhusudhanan Srinivasan was appointed as Director on 29 Mar 2025. Dvara Ventures India has 15 board changes on record in total.
The registered office of Dvara Ventures India is at Iit M Research Park Phase – I 10th Floor No.1 Kanagam Village Behind TIDEL Park Tara, Mani, Chennai, Tamil Nadu, India – 600113.
Dvara Ventures India operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Dvara Ventures India is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Dvara Ventures India was formerly known as Dcap Advisory Services India Private Limited, Ifmr Advisory Services India Private Limited.

