Damson Technologies Private Limited

Damson Technologies Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2000PTC039057 Incorporated 13 December 2000 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹357.09 Cr
▲ 163% YoY
Net profit · FY 2025
₹6.43 Cr
Net margin 1.8%
EBITDA · FY 2025
₹9.54 Cr
EBITDA margin 2.7%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹28.76 Cr
Issued & subscribed
Open charges
₹34.74 Cr
Satisfied ₹5 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
9
Provident fund records

About Damson Technologies Private Limited

Data last updated:

Damson Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 13 December 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2000PTC039057. Its GSTIN is 24AABCD3982G1ZR (Gujarat). The company holds 10 GST registrations, of which 9 are active.

The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.76 Cr. It is led by directors including Ritesh Goenka (Whole-Time Director) and Vivek Goenka.

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 302 Thirdfloor Solitaire Sunrisepark Driveinroad, Ahmedabad, Gujarat, India – 380052.

As per the financials filed for FY 2025, the company reported a revenue of ₹357.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.43 Cr (net margin 1.8%) and EBITDA of ₹9.54 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 59% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Damson Technologies and Just Corseca. As per MCA filings, the company has open charges of ₹34.74 Cr and satisfied charges of ₹5 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 1 case is pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2024. Its 6 peer companies in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 2 smaller; the largest is Sshoppee.Com Private Limited with revenue of ₹382.64 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damsongroup.com.

Company details

CIN U72900GJ2000PTC039057
Registration Number 039057
Incorporation Date 13 December 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Damson Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is damsongroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    302 Thirdfloor Solitaire Sunrisepark Driveinroad, Ahmedabad, Gujarat, India – 380052
  • Industry
    Information Technology, IT Products Retail & Distribution

To see the full contact details of Damson Technologies Private Limited, buy the company report.

Comprehensive company report
Damson Technologies Private Limited - one report that includes everything
  • 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
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Brands

Damson Technologies operates two associated brands: Damson Technologies and JUST CORSECA. Each brand links to its own profile.

BrandDescriptionWebsite
Produces high-quality accessories for mobile devices and computers.damsongroup.com
Sells premium speakers, earphones, mobile accessories, and smartwatches online.corseca.in

Business activity

The main business activity of Damson Technologies is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Damson Technologies Private Limited, buy the company report.

Financials of Damson Technologies Private Limited

FY 2025 filings available

Damson Technologies Private Limited reported revenue of ₹357.09 Cr (up 163% YoY) for FY 2025.

Revenue · FY 2025
₹357.09 Cr ▲ 163%
Net profit · FY 2025
₹6.43 Cr margin 1.8%
EBITDA · FY 2025
₹9.54 Cr margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 163%
3 years · compounded
▼ 41%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▲ 138%
3 years · compounded
▲ 82%
5 years · compounded
▲ 64%

Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 163% growth in the latest year. EBITDA rose 138% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹9.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.43 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.7%
Net Profit Margin1.8%
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 Damson Technologies Private Limited, buy the company report.

Board of directors of Damson Technologies Private Limited

Damson Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivek GoenkaDirector13 Dec 200025 Years 10 MonthsCurrent
Ritesh GoenkaWhole-Time Director13 Dec 200025 Years 10 MonthsCurrent
Surendrasinh Bahadursinh JhalaDirector03 Feb 20251 Years 8 MonthsCurrent

Peer comparison

Damson Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sshoppee.Com Private Limited₹382.64 Cr (FY 2025)10.0%Mysore, Karnataka, India
Ni Systems (India) Private Limited₹382.1 Cr (FY 2024)10.0%Bangalore, Karnataka, India
Ridham Enterprise Private Limited₹374.94 Cr (FY 2025)111.0%Ahmedabad, Gujarat, India
Inspur Technologies (India) Private Limited₹364.28 Cr (FY 2021)5.0%Gurgaon, Haryana, India
Damson Technologies Private Limitedthis company₹357.09 Cr (FY 2025)₹6.43 Cr1.8%163.0%9Ahmedabad, Gujarat, India
Afcl Televentures Limited₹351.01 Cr (FY 2024)68.0%Delhi, India
Indian Smart Technology and Marketing Private Limited₹334.2 Cr (FY 2025)265.0%Kozhikode, Kerala, India

To see the full peer comparison of Damson Technologies Private Limited, buy the company report.

Auditor

Damson Technologies Private Limited is audited by G R K G & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
G R K G & CO.FY 2023129047W

Shareholding

The shareholding of Damson Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Damson Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹34.74 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Others₹34.74 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Jul 2023100748035Others₹4.74 CrOpen
22 Jan 200280044621Others₹30 CrOpen
05 Sep 2017100121775Others₹3.1 CrSatisfied
21 Oct 201410527320Kotak Mahindra Bank Limited₹1.9 CrSatisfied

To see the full charge records of Damson Technologies Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Damson Technologies Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2024.

Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹8.35 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2024Funding round₹7 CrInvestors: Last Mile Enterprises Limited
Jan 2024Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Jul 2017Funding round₹50 LakhInvestors: an individual
Mar 2013Funding round₹85 LakhInvestors: Vinodkumar & Sons HUF, 3 individuals

To see the full deal history of Damson Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Damson Technologies Private Limited was last rated by Care on 24 Apr 2019.

Rating agencyRated onRating
Care24 Apr 2019

To see the full credit ratings and regulatory alerts of Damson Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Damson Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Damson Technologies Private Limited has a workforce of 9 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1

GST

Damson Technologies has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
9
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AABCD3982G1ZRGujaratActive01 Jul 2017
24AABCD3982G2ZQGujaratActive19 Dec 2019
18AABCD3982G1ZKAssamActive19 Nov 2019
22AABCD3982G1ZVChhattisgarhActive20 Nov 2019

To see the full GST registrations and return filing status of Damson Technologies Private Limited, buy the company report.

Recent activity

Damson Technologies Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Surendrasinh Bahadursinh Jhala ceased to be Additional Director on 29 Sep 2025.

AGM
Damson Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Surendrasinh Bahadursinh Jhala ceased to be Additional Director.
Filing
Damson Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Surendrasinh Bahadursinh Jhala was appointed as Director.
Charges
A charge with Others of Rs. 30.00 Cr registered on 22 Jan 2002 with Charge ID 80044621 was modified on 05 Jul 2024.
Charges
A charge with Others amounted to Rs. 4.74 Cr with Charge ID 100748035 was registered on 15 Jul 2023.
Charges
A charge registered on 05 Sep 2017 via Charge ID 100121775 with Others was fully satisfied on 05 Jul 2023.
Ceased
Ritesh Goenka ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.10 Cr with Charge ID 100121775 was registered on 05 Sep 2017.
Charges
A charge registered on 21 Oct 2014 via Charge ID 10527320 with Kotak Mahindra Bank Limited was fully satisfied on 30 Aug 2017.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 1.90 Cr with Charge ID 10527320 was registered on 21 Oct 2014.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 80044621 was registered on 22 Jan 2002.

3 earlier events are in the company report.

Frequently asked questions

Damson Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 13 December 2000 (26+ years old) and is registered under CIN U72900GJ2000PTC039057.

Damson Technologies has 3 current directors:

The latest financial statements of Damson Technologies 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 GSTIN of Damson Technologies is 24AABCD3982G1ZR, registered in Gujarat. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCD3982G2ZQ (Gujarat), 18AABCD3982G1ZK (Assam), 22AABCD3982G1ZV (Chhattisgarh).

The CIN (Corporate Identification Number) of Damson Technologies is U72900GJ2000PTC039057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Damson Technologies has 8 court cases on record: 1 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.

Damson Technologies was incorporated on 13 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Damson Technologies has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.35 Cr; the latest was in March 2024.

The peers of Damson Technologies by revenue are Sshoppee.Com Private Limited, Ni Systems (India) Private Limited, Ridham Enterprise Private Limited, Inspur Technologies (India) Private Limited, Afcl Televentures Limited and 1 more, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).

Surendrasinh Bahadursinh Jhala ceased to be Additional Director on 29 Sep 2025. Surendrasinh Bahadursinh Jhala was appointed as Director on 03 Feb 2025. Ritesh Goenka ceased to be Director on 01 Jan 2021. Damson Technologies has 5 board changes on record in total.

Damson Technologies can be reached through the website damsongroup.com. Its registered office is in Ahmedabad, Gujarat, India.