M. L. Damani Commodities Private Limited
About M. L. Damani Commodities Private Limited
Data last updated:
M. L. Damani Commodities Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 17 October 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2001PTC133713. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹56 Lakh. It was led by directors Abhinav Ramesh Damani and Rashmi Ramesh Damani.
Its last annual general meeting (AGM) was held on 09 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Moti Mahal 7th Floor 195 J. Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2022, the company reported a revenue of ₹72.74 Lakh, a growth of 140% compared to the previous year. For the same year it recorded a net profit of ₹35.87 Lakh (net margin 49.3%) and EBITDA of ₹36.32 Lakh (EBITDA margin 49.9%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
Company details
Contact details
M. L. Damani Commodities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMoti Mahal 7th Floor 195 J. Tata Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryTrading, Other Wholesale, Retail Trading, Wholesale, Retailers
To see the full contact details of M. L. Damani Commodities 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
Business activity
The main business activity of M. L. Damani Commodities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of M. L. Damani Commodities Private Limited, buy the company report.
Financials of M. L. Damani Commodities Private Limited
FY 2022 filings availableM. L. Damani Commodities Private Limited reported revenue of ₹72.74 Lakh (up 140% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over three years, including 140% growth in the latest year. EBITDA rose 216% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹36.32 Lakh | ||||
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| Net Profit (PAT) | ₹35.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 49.9% | ||||
| Net Profit Margin | 49.3% | ||||
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To see the full financial statements and ratios of M. L. Damani Commodities Private Limited, buy the company report.
Board of directors of M. L. Damani Commodities Private Limited
M. L. Damani Commodities has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Ramesh Damani | Director | 18 Sep 2019 | 7 Years 1 Months | As last reported |
| Rashmi Ramesh Damani | Director | 17 Nov 2003 | 22 Years 11 Months | As last reported |
Peer comparison
M. L. Damani Commodities Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maanas Mutual Benefit Nidhi Limited | ₹72.82 Lakh (FY 2021) | 208.0% | Raebarely, Uttar Pradesh, India | |||
| Pkabi Chits Private Limited | ₹72.81 Lakh (FY 2018) | 284.0% | Bhavani, Tamil Nadu, India | |||
| Tricom Investments Private Limited | ₹72.79 Lakh (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Sabrimala Fintech Private Limited | ₹72.79 Lakh (FY 2024) | 414.0% | New Delhi, Delhi, India | |||
| Aadhar India Finvest Limited | ₹72.75 Lakh (FY 2025) | -49.0% | Gurgaon, Haryana, India | |||
| M. L. Damani Commodities Private Limitedthis company | ₹72.74 Lakh (FY 2022) | ₹35.87 Lakh | 49.3% | 140.0% | Mumbai, Maharashtra, India | |
| Guruvayur Vyapari Vyavasayi Sangam Nidhi Limited | ₹72.71 Lakh (FY 2025) | 30.0% | Thrissur, Kerala, India | |||
| Ganeshmull Sampatlal Finance & Leasing Pvt Ltd | ₹72.69 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Sureshot Fincon Private Limited | ₹72.67 Lakh (FY 2025) | 180.0% | Kolkata, West Bengal, India | |||
| Rajaputhra Kuries Private Limited | ₹72.67 Lakh (FY 2025) | -19.0% | Thrissur, Kerala, India | |||
| Finding Pluto Private Limited | ₹72.66 Lakh (FY 2023) | -43.0% | Bangalore, Karnataka, India |
To see the full peer comparison of M. L. Damani Commodities Private Limited, buy the company report.
Auditor
M. L. Damani Commodities Private Limited is audited by Shah & Taparia for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Taparia | FY 2017 | 109463W |
Shareholding
The shareholding of M. L. Damani Commodities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of M. L. Damani Commodities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving M. L. Damani Commodities 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 M. L. Damani Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M. L. Damani Commodities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of M. L. Damani Commodities Private Limited, buy the company report.
Recent activity
M. L. Damani Commodities Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Ramesh Makhanlal Damani ceased to be Director on 04 Jun 2020.
Frequently asked questions
M. L. Damani Commodities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
M. L. Damani Commodities was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 17 October 2001 and is registered under CIN U45201MH2001PTC133713. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
M. L. Damani Commodities was incorporated on 17 October 2001. It is registered with the Registrar of Companies, Mumbai.
M. L. Damani Commodities had 2 directors:
- Abhinav Ramesh Damani - Director
- Rashmi Ramesh Damani - Director
The CIN (Corporate Identification Number) of M. L. Damani Commodities is U45201MH2001PTC133713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of M. L. Damani Commodities is at Moti Mahal 7th Floor 195 J. Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
The latest financial statements of M. L. Damani Commodities on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 09 July 2022. Year-wise statements from 2015 are in the company report.
No. M. L. Damani Commodities has 1 GST registration on record and it is cancelled or inactive.
M. L. Damani Commodities operated in the trading industry, in the other wholesale segment.
The peers of M. L. Damani Commodities by revenue are Maanas Mutual Benefit Nidhi Limited, Pkabi Chits Private Limited, Tricom Investments Private Limited, Sabrimala Fintech Private Limited, Aadhar India Finvest Limited and 5 more, all in the same principal business activity (other financial activities).
Ramesh Makhanlal Damani ceased to be Director on 04 Jun 2020. Abhinav Ramesh Damani was appointed as Director on 18 Sep 2019. Shilpa Umakant Agaskar ceased to be Director on 13 Aug 2008. M. L. Damani Commodities has 4 board changes on record in total.
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