
About Dave Masala Private Limited
Data last updated:
Dave Masala Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 21 September 1992.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U15495MP1992PTC007327. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Dave Masala and Aahar Private Limited. It was led by directors including Harish Kumar Dave and Bharat Dave.
Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Office No. 51 Industrial Estate Laxmibai Nagar Kila Maidan Indore, Madhya Pradesh, India – 452006.
As per the financials filed for FY 2018, the company reported a revenue of ₹22.01 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 7.6%) and EBITDA of ₹2.41 Cr (EBITDA margin 10.9%).
The company had about 65 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹3.5 Cr on record.
The last known website on record is davemasala.com.
Company details
Contact details
Dave Masala Private Limited's registered office is in Indore, Madhya Pradesh. Its website is davemasala.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No. 51 Industrial Estate Laxmibai Nagar Kila Maidan Indore, Madhya Pradesh, India – 452006
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Dave Masala 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
Financials of Dave Masala Private Limited
FY 2018 filings availableDave Masala Private Limited reported revenue of ₹22.01 Cr (up 32% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year. EBITDA rose 37% in the latest 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 | ₹22.01 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.41 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.67 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 | 10.9% | |||
| Net Profit Margin | 7.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Dave Masala Private Limited, buy the company report.
Board of directors of Dave Masala Private Limited
Dave Masala has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Kumar Dave | Director | 21 Sep 1992 | 34 Years 1 Months | As last reported |
| Bharat Dave Also directs: Dave Masala Private Limited | Director | 21 Sep 1992 | 34 Years 1 Months | As last reported |
| Ashok Kumar Dave | Director | 01 Apr 1996 | 30 Years 7 Months | As last reported |
| Jitendra Dave Also directs: Dave Masala Private Limited | Director | 01 Apr 1997 | 29 Years 7 Months | As last reported |
Auditor
Dave Masala Private Limited is audited by PRAKASH WOHRA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH WOHRA & CO | FY 2018 | 000769C |
Shareholding
The shareholding of Dave Masala Private 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 Dave Masala Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2014 | 10565835 | Kotak Mahindra Bank Limited | ₹2.75 Cr | Satisfied | |
| 28 Mar 2012 | 10348842 | Bank of India | ₹75 Lakh | Satisfied |
To see the full charge records of Dave Masala Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Dave Masala Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dave Masala Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dave Masala has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dave Masala Private Limited | U15400MP1982PTC001956 |
To see the full group structure of Dave Masala Private Limited, buy the company report.
Employees & EPFO
Dave Masala Private Limited has a workforce of 65 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 65 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dave Masala Private Limited, buy the company report.
GST
Dave Masala has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dave Masala Private Limited, buy the company report.
Recent activity
Dave Masala Private Limited has 4 board changes on record since 1992: 4 appointments. The latest: Jitendra Dave was appointed as Director on 01 Apr 1997.
Frequently asked questions
Dave Masala has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Dave Masala was a private limited company based in Indore, Madhya Pradesh, India. The company worked in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 21 September 1992 and is registered under CIN U15495MP1992PTC007327. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Dave Masala was incorporated on 21 September 1992. It is registered with the Registrar of Companies, Gwalior.
Dave Masala had 4 directors:
- Harish Kumar Dave - Director
- Bharat Dave - Director
- Ashok Kumar Dave - Director
- Jitendra Dave - Director
The CIN (Corporate Identification Number) of Dave Masala is U15495MP1992PTC007327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dave Masala is at Office No. 51 Industrial Estate Laxmibai Nagar Kila Maidan Indore, Madhya Pradesh, India – 452006.
Dave Masala can be reached through the website davemasala.com. Its registered office is in Indore, Madhya Pradesh, India.
The latest financial statements of Dave Masala on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 26 September 2018. Year-wise statements from 2015 are in the company report.
No. Dave Masala has 1 GST registration on record and it is cancelled or inactive.
Dave Masala operated in the food and beverages industry, in the spice manufacturing and distribution segment.

