Dasve Retail Limited
About Dasve Retail Limited
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Dasve Retail Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Lavasa Corporation Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2008PLC187367. Its GSTIN is 27AADCD0058P1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83.91 Lakh. It is led by directors including Abhijeet Pramod Pawar and Neel Dinkar Patil.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.74 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹22.27 Cr and EBITDA of -₹19 Cr. Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Dasve Retail Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Dasve Retail 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 Dasve Retail is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Dasve Retail Limited, buy the company report.
Financials of Dasve Retail Limited
FY 2018 filings availableDasve Retail Limited reported revenue of ₹1.74 Cr (down 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 38%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.74 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹19 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹22.27 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Dasve Retail Limited, buy the company report.
Board of directors of Dasve Retail Limited
Dasve Retail has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Pramod Pawar Also directs: Dasve Hospitality Institutes Limited, Sahyadri City Management Limited, Full Spectrum Adventure Limited and 1 more | Director | 25 Jul 2017 | 9 Years 3 Months | Current |
| Neel Dinkar Patil Also directs: Warasgaon Infrastructure Providers Limited, Dasve Business Hotel Limited, Green Hills Residences Limited and 5 more | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Hemant Pandurang Bangar Also directs: Hill View Parking Services Limited, Full Spectrum Adventure Limited, Future City Multiservices Sez Limited and 3 more | Additional Director | 29 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Dasve Retail Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2018 | 001076N |
Shareholding
The shareholding of Dasve Retail Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dasve Retail Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2015 | 10578948 | Central Bank of India | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Dasve Retail Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Dasve Retail 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 Dasve Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dasve Retail has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD0058P1ZF | Maharashtra | Active | 01 Jul 2017 |
| 27AADCD0058P2ZE | Maharashtra | Active | 25 Jun 2021 |
To see the full GST registrations and return filing status of Dasve Retail Limited, buy the company report.
Recent activity
Dasve Retail Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Hemant Pandurang Bangar was appointed as Additional Director on 29 Dec 2017.
7 earlier events are in the company report.
Frequently asked questions
Dasve Retail is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 October 2008 (18+ years old) and is registered under CIN U51109MH2008PLC187367.
Dasve Retail has 3 current directors:
- Abhijeet Pramod Pawar - Director
- Neel Dinkar Patil - Director
- Hemant Pandurang Bangar - Additional Director
The latest financial statements of Dasve Retail on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Dasve Retail is 27AADCD0058P1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCD0058P2ZE (Maharashtra).
The CIN (Corporate Identification Number) of Dasve Retail is U51109MH2008PLC187367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dasve Retail has 1 court case on record: 1 filed against it.
Dasve Retail was incorporated on 08 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemant Pandurang Bangar was appointed as Additional Director on 29 Dec 2017. Mukund Motilal Rathi ceased to be Director on 29 Dec 2017. Abhijeet Pramod Pawar ceased to be Additional Director on 14 Sep 2017. Dasve Retail has 15 board changes on record in total.
The registered office of Dasve Retail is at Hincon House Lal Bahadur Shastri Marg, Mumbai, Maharashtra, India – 400083.
Dasve Retail operates in the financial services industry, in the diversified financial services segment.
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