About Daaarts Incorp Private Limited
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Daaarts Incorp Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 09 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2017PTC298442. Its GSTIN is 27AAGCD3018C1Z5 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Shishir Radheshyam Sarda and Maganlal Kanji Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. G – 11 Jk Tower Sfa, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.73 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹16.27 Lakh (net margin 0.6%) and EBITDA of ₹76.93 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 1% over five years.
The company is associated with 1 brand: Daaarts. As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹2.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daaarts.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShop No. G – 11 Jk Tower Sfa, Nagpur, Maharashtra, India – 440008
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Daaarts Incorp Private Limited
The main business activity of Daaarts Incorp is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Daaarts Incorp Private Limited FY 2024 filings available
Daaarts Incorp Private Limited reported revenue of ₹28.73 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Daaarts Incorp Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 24% growth in the latest year. EBITDA rose 104% 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 of Daaarts Incorp Private Limited
| 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 | ₹76.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.27 Lakh | •••• | •••• | •••• | •••• |
| 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 of Daaarts Incorp Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Daaarts Incorp are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Daaarts Incorp Private Limited
Daaarts Incorp Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Consulting Services, Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanghvi & Chandan Alloys Private Limited | ₹28.81 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Interactive Solutions India Private Limited | ₹28.79 Cr (FY 2025) | •••• | •••• | 225.0% | •••• | New Delhi, Delhi, India |
| Beghou Labs India Private Limited | ₹28.79 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
| LX International India Private Limited | ₹28.78 Cr (FY 2025) | •••• | •••• | 157.0% | •••• | Gurgaon, Haryana, India |
| Imec Services Limited Listed | ₹28.75 Cr (FY 2025) | •••• | •••• | 346.0% | •••• | Mumbai, Maharashtra, India |
| Daaarts Incorp Private Limited this company | ₹28.73 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Nagpur, Maharashtra, India |
| Choice Boards Private Limited | ₹28.72 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Kolkata, West Bengal, India |
| Citistar Vincom Private Limited. | ₹28.66 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Kolkata, West Bengal, India |
| Devika Resources Private Limited | ₹28.63 Cr (FY 2024) | •••• | •••• | 129.0% | •••• | Odisha, India |
| Urbanspan Infrastructure Private Limited | ₹28.63 Cr (FY 2025) | •••• | •••• | 198.0% | •••• | Indore, Madhya Pradesh, India |
| 9.9 Group Private Limited | ₹28.62 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Daaarts Incorp by revenue in the Metals and Minerals industry (Consulting Services, Metal Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Daaarts Incorp Private Limited
Daaarts Incorp Private Limited is audited by Sarda Soni Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sarda Soni Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Daaarts Incorp Private Limited
Daaarts Incorp has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shishir Radheshyam Sarda Also directs: Vaishnavi Rolling Mill Private Limited, Sap Hotels Private Limited | Director | 09 Aug 2017 | 9 Years 2 Months | Current |
| Maganlal Kanji Patel | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Arpit Ashok Khemani | Director | 09 Aug 2017 | 9 Years 2 Months | Current |
| Tirth Tapan Mazumdar | Director | 09 Aug 2017 | 9 Years 2 Months | Current |
| Rakesh Ashok Bhalotiya Also directs: Geospace Private Limited, Siddhivinayak Aarya Private Limited | Director | 09 Aug 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Daaarts Incorp Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Daaarts Incorp Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2023 | Canara Bank | ₹4.5 Cr | Open |
| 09 Oct 2023 | Others | ₹3 Cr | Open |
| 29 Sep 2022 | Others | ₹2.85 Cr | Satisfied |
Total charge records: 3 View all charges
Associated Brands with Daaarts Incorp Private Limited
Daaarts Incorp operates one associated brand: Daaarts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides supply, consultancy, and liaison services for clients and projects. | daaarts.in |
Employees and EPFO Compliance at Daaarts Incorp Private Limited
Employment history and EPFO contributions of people linked to Daaarts Incorp.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Daaarts Incorp Private Limited
Daaarts Incorp Private Limited has 9 board changes on record since 2017: 5 appointments and 4 cessations. The latest: Maganlal Kanji Patel ceased to be CFO on 13 Apr 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Daaarts Incorp Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Daaarts Incorp Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Daaarts Incorp Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Daaarts Incorp Private Limited
Daaarts Incorp has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCD3018C1Z5 | Maharashtra | Active | 11 Sep 2017 |
| 21AAGCD3018C1ZH | Odisha | Active | 23 Jul 2018 |
| 19AAGCD3018C1Z2 | West Bengal | Active | 15 Jan 2020 |
| 22AAGCD3018C1ZF | Chattisgarh | Active | 24 Aug 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Daaarts Incorp Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Daaarts Incorp Private Limited
Daaarts Incorp is an active private limited company based in Nagpur, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 09 August 2017 (9+ years old) and is registered under CIN U51909MH2017PTC298442.
Daaarts Incorp reported revenue of ₹28.73 Cr for FY 2024 (up 24% YoY).
Daaarts Incorp has 5 current directors:
- Shishir Radheshyam Sarda - Director
- Maganlal Kanji Patel - Director
- Arpit Ashok Khemani - Director
- Tirth Tapan Mazumdar - Director
- Rakesh Ashok Bhalotiya - Director
Daaarts Incorp reported a net profit of ₹16.27 Lakh (net margin 0.6%) and EBITDA of ₹76.93 Lakh (EBITDA margin 2.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Daaarts Incorp is 86% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Daaarts Incorp is 27AAGCD3018C1Z5, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 21AAGCD3018C1ZH (Odisha), 19AAGCD3018C1Z2 (West Bengal), 22AAGCD3018C1ZF (Chattisgarh).
The CIN (Corporate Identification Number) of Daaarts Incorp is U51909MH2017PTC298442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daaarts Incorp was incorporated on 09 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Daaarts Incorp by revenue are Sanghvi & Chandan Alloys Private Limited, Interactive Solutions India Private Limited, Beghou Labs India Private Limited, LX International India Private Limited, Imec Services Limited and 5 more, all in the Metals and Minerals industry (Consulting Services, Metal Retail and Distribution).
Maganlal Kanji Patel ceased to be CFO on 13 Apr 2024. Maganlal Kanji Patel was appointed as Director on 30 Sep 2023. Govind Ramchandra Mundhada ceased to be Director on 27 May 2022. Daaarts Incorp has 9 board changes on record in total.
Yes, Daaarts Incorp is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).