Dare 2 Wear Private Limited
About Dare 2 Wear Private Limited
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Dare 2 Wear Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 27 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U18101WB2006PTC112271. Its GSTIN is 19AACCD5506F1ZV (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.35 Lakh. It is led by directors including Pooja Jaiswal and Rashmi Jaiswal.
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 A250/3 Blocka 2 Ndfloormallinmallcitycentre Saltlakecity Dcblock, Kolkata, West Bengal, India – 700064.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.34 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹46,933 (net margin 1.9%) and EBITDA of ₹50,793 (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹26 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dare 2 Wear Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA250/3 Blocka 2 Ndfloormallinmallcitycentre Saltlakecity Dcblock, Kolkata, West Bengal, India – 700064
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Dare 2 Wear 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 Dare 2 Wear is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Dare 2 Wear Private Limited, buy the company report.
Financials of Dare 2 Wear Private Limited
FY 2024 filings availableDare 2 Wear Private Limited reported revenue of ₹24.34 Lakh (down 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 4% fall in the latest year. EBITDA rose 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹50,793 | ||||
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| Net Profit (PAT) | ₹46,933 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Dare 2 Wear Private Limited, buy the company report.
Board of directors of Dare 2 Wear Private Limited
Dare 2 Wear has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Jaiswal Also directs: Vama Vanijya Private Limited | Director | 02 Dec 2009 | 16 Years 11 Months | Current |
| Rashmi Jaiswal | Director | 01 Feb 2014 | 12 Years 9 Months | Current |
| Vivek Jaiswal Also directs: Fashionbean Styles LLP, Ghoonghat Sarees Private Limited, Vaigunth Ener Tek Green Infra Private Limited and 3 more | Director | 27 Dec 2006 | 19 Years 10 Months | Current |
| Anil Jaiswal Also directs: Vama Vanijya Private Limited | Director | 27 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Dare 2 Wear Private Limited is audited by SANTOSH KUMAR AGRAWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH KUMAR AGRAWAL & CO | FY 2019 | 317213E |
Shareholding
The shareholding of Dare 2 Wear Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dare 2 Wear Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2007 | 10079834 | Bank of Baroda | ₹8 Lakh | Open | |
| 28 Feb 2007 | 10107649 | Icici Bank Limited | ₹18 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Dare 2 Wear Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Zodiac Clothing Company Ltd. | Disposed |
To see the full case history of Dare 2 Wear Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dare 2 Wear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dare 2 Wear has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCD5506F1ZV | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dare 2 Wear Private Limited, buy the company report.
Recent activity
Dare 2 Wear Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Rabindra Jaiswal ceased to be Director on 01 Feb 2014.
Frequently asked questions
Dare 2 Wear is an active private limited company based in Kolkata, West Bengal, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 27 December 2006 (20+ years old) and is registered under CIN U18101WB2006PTC112271.
Dare 2 Wear has 4 current directors:
- Pooja Jaiswal - Director
- Rashmi Jaiswal - Director
- Vivek Jaiswal - Director
- Anil Jaiswal - Director
The latest financial statements of Dare 2 Wear on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dare 2 Wear is 19AACCD5506F1ZV, registered in West Bengal.
The CIN (Corporate Identification Number) of Dare 2 Wear is U18101WB2006PTC112271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dare 2 Wear has 1 court case on record: 1 filed against it.
Dare 2 Wear was incorporated on 27 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Rabindra Jaiswal ceased to be Director on 01 Feb 2014. Rashmi Jaiswal was appointed as Director on 01 Feb 2014. Pooja Jaiswal was appointed as Director on 02 Dec 2009. Dare 2 Wear has 6 board changes on record in total.
The registered office of Dare 2 Wear is at A2503 Blocka 2 Ndfloormallinmallcitycentre Saltlakecity Dcblock, Kolkata, West Bengal, India – 700064.
Dare 2 Wear operates in the fashion and textile industry, in the fashion retail segment.
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