Damani Multitrade Private Limited
About Damani Multitrade Private Limited
Data last updated:
Damani Multitrade Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253492. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.05 Cr. It was formerly known as Velocious Metal and Alloy Private Limited. It is led by directors Waris Yakub and Zayba Warris Sayyad.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Shop 5 Ground Floor Ganesh Krupa Bldg Adinath Complex Rahnal Bhiwandi 421302, Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2017, the company reported a revenue of ₹404.39 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 0%) and EBITDA of ₹4.79 Cr (EBITDA margin 1.2%).
As per MCA filings, the company has satisfied charges of ₹4.5 Cr on record. Court records list 5 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressShop 5 Ground Floor Ganesh Krupa Bldg Adinath Complex Rahnal Bhiwandi 421302, Thane, Maharashtra, India – 421302
- IndustryConsumer Electronics & Durables, Electronic Appliances 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 Damani Multitrade Private Limited
The main business activity of Damani Multitrade 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 Damani Multitrade Private Limited FY 2017 filings available
Damani Multitrade Private Limited reported revenue of ₹404.39 Cr (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Damani Multitrade Private Limited
Revenue rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Damani Multitrade Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹404.39 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹4.79 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.6 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 Damani Multitrade Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• |
| 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 Damani Multitrade are in the company report.
Financial statements from 2015
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.
Auditor Details of Damani Multitrade Private Limited
Damani Multitrade Private Limited is audited by JAGIWALA & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGIWALA & CO | 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 Damani Multitrade Private Limited
Damani Multitrade has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Waris Yakub | Additional Director | 30 Mar 2018 | 8 Years 6 Months | Current |
| Zayba Warris Sayyad Also directs: Cherished Traders Private Limited | Additional Director | 24 Jul 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Damani Multitrade 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 Damani Multitrade Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2016 | Others | ₹4.5 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Damani Multitrade Private Limited
Damani Multitrade Private Limited has 5 court cases on record: 3 filed against it, 2 where it is another party. 1 case is pending and 4 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by PNB Housing Finance Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by PNB Housing Finance Limited | Disposed |
| Bombay High Court | Writ petition | Company is another party | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by PNB Hosing Finance Ltd | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Damani Multitrade Private Limited
Employment history and EPFO contributions of people linked to Damani Multitrade.
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 Damani Multitrade Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Damani Multitrade 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 Damani Multitrade 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 Damani Multitrade 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 Damani Multitrade Private Limited
Damani Multitrade has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Damani Multitrade 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 Damani Multitrade Private Limited
Damani Multitrade is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 February 2014 (12+ years old) and is registered under CIN U74999MH2014PTC253492.
Damani Multitrade reported revenue of ₹404.39 Cr for FY 2017 (up 12% YoY).
Damani Multitrade has 2 current directors:
- Waris Yakub - Additional Director
- Zayba Warris Sayyad - Additional Director
Damani Multitrade reported a net profit of ₹1.6 Lakh (net margin 0%) and EBITDA of ₹4.79 Cr (EBITDA margin 1.2%) for FY 2017, as per its filed financial statements.
No. Damani Multitrade has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Damani Multitrade is U74999MH2014PTC253492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damani Multitrade has 5 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Damani Multitrade was incorporated on 21 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Damani Multitrade is at Shop 5 Ground Floor Ganesh Krupa Bldg Adinath Complex Rahnal Bhiwandi 421302, Thane, Maharashtra, India – 421302.