About Dawar International Electronics Private Limited
Data last updated:
Dawar International Electronics Private Limited is a private limited company based in Gurgaon, Haryana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 November 2004.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32109HR2004PTC035531. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹85.9 Lakh. It is led by directors Virender Dawar (Managing Director) and Ramtej Mourya.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 10/5 Jacobpura Opp. Vaidik Kanya School, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2016, the company reported a revenue of ₹43.69 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹5.83 Lakh (net margin 0.1%) and EBITDA of ₹3.14 Cr (EBITDA margin 7.2%).
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.27 Cr and satisfied charges of ₹57.52 Cr on record. Court records list 43 cases involving the company, including 11 filed by the company and 32 filed against it; 12 cases are pending.
The last known website on record is dawarsopenworld.com.
Company details
Contact details
Dawar International Electronics Private Limited's registered office is in Gurgaon, Haryana. Its website is dawarsopenworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10/5 Jacobpura Opp. Vaidik Kanya School, Gurgaon, Haryana, India – 122001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Dawar International Electronics 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 Dawar International Electronics 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 Dawar International Electronics Private Limited, buy the company report.
Financials of Dawar International Electronics Private Limited
FY 2016 filings availableDawar International Electronics Private Limited reported revenue of ₹43.69 Cr (down 52% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year. EBITDA fell 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹43.69 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.14 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹5.83 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.2% | |
| Net Profit Margin | 0.1% | |
| 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 Dawar International Electronics Private Limited, buy the company report.
Board of directors of Dawar International Electronics Private Limited
Dawar International Electronics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramtej Mourya | Director | 10 Mar 2018 | 8 Years 7 Months | As last reported |
| Virender Dawar | Managing Director | 19 Nov 2004 | 21 Years 11 Months | As last reported |
Auditor
Dawar International Electronics Private Limited is audited by M A R S & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A R S & ASSOCIATES | FY 2016 | 010484N |
Shareholding
The shareholding of Dawar International Electronics Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dawar International Electronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2013 | 10472835 | Others | ₹13.27 Cr | Open | |
| 08 Aug 2007 | 10065323 | Icici Bank Limited | ₹1 Cr | Open | |
| 21 Oct 2013 | 10456633 | Union Bank of India | ₹9.5 Lakh | Satisfied | |
| 21 Oct 2013 | 10456632 | Union Bank of India | ₹3 Cr | Satisfied | |
| 08 Oct 2011 | 10314936 | Union Bank of India | ₹15.5 Cr | Satisfied |
To see the full charge records of Dawar International Electronics Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Dawar International Electronics Private Limited has 43 court cases on record: 11 filed by Dawar International Electronics, 32 filed against it. 12 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 28 | 12 |
| NCLAT | 4 | 4 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Mirc Electronics Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ifb Industries Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Sony India Pvt Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by Ms Micromax Informatics Ltd. | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Glen Appliances Pvt Ltd | Disposed |
To see the full case history of Dawar International Electronics 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 Dawar International Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dawar International Electronics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dawar International Electronics Private Limited, buy the company report.
Recent activity
Dawar International Electronics Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Rashmi Dawar ceased to be Director on 15 Mar 2018.
24 earlier events are in the company report.
Frequently asked questions
Dawar International Electronics is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Dawar International Electronics is a company under liquidation, formerly operating as a private limited company based in Gurgaon, Haryana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 November 2004 and is registered under CIN U32109HR2004PTC035531. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dawar International Electronics has 2 current directors:
- Virender Dawar - Managing Director
- Ramtej Mourya - Director
The latest financial statements of Dawar International Electronics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dawar International Electronics is U32109HR2004PTC035531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dawar International Electronics has open charges of ₹14.27 Cr and satisfied charges of ₹57.52 Cr as per latest MCA filings.
Dawar International Electronics has 43 court cases on record: 11 filed by the company and 32 filed against it. 12 are pending. Most are in the district courts.
Dawar International Electronics was incorporated on 19 November 2004. It is registered with the Registrar of Companies, Delhi.
Rashmi Dawar ceased to be Director on 15 Mar 2018. Ramtej Mourya was appointed as Director on 10 Mar 2018. Harit Arya ceased to be Director on 23 Sep 2015. Dawar International Electronics has 6 board changes on record in total.
Dawar International Electronics can be reached through the website dawarsopenworld.com. Its registered office is in Gurgaon, Haryana, India.