About Democrart Technologies Private Limited
Data last updated:
Democrart Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 09 January 2023.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2023PTC158125. Its GSTIN is 33AAJCD8082H1ZH (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.28 Cr. It is led by directors including Sunilkumar Jagdishprasad Adukia and Hemalatha Ramaiah.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.4 2nd Street Dr. Radhakrishnan Salai Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.39 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹2.6 Cr (net margin -48.2%) and EBITDA of -₹2.5 Cr (EBITDA margin -46.4%).
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asign.art.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.4 2nd Street Dr. Radhakrishnan Salai Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryConsumer Goods, Accessories Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Democrart Technologies Private Limited
The main business activity of Democrart Technologies is arts, entertainment and recreation. In detail, this covers library, archives, museums and other cultural activities..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R2 | Library, archives, museums and other cultural activities. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Democrart Technologies Private Limited FY 2025 filings available
Democrart Technologies Private Limited reported revenue of ₹5.39 Cr (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Democrart Technologies Private Limited
Revenue fell 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Democrart Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹2.5 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.6 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 of Democrart Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -46.4% | •••• | •••• |
| Net Profit Margin | -48.2% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Democrart Technologies are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Democrart Technologies Private Limited
Democrart Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Jagdishprasad Adukia | Director | 21 Aug 2023 | 3 Years 2 Months | Current |
| Hemalatha Ramaiah Also directs: Ifrieze Design Solutions Private Limited, Eicon Vision Private Limited, Jay Securities Private Limited and 2 more | Director | 09 Jan 2023 | 3 Years 9 Months | Current |
| Ashvin Eachambadi Rajagopalan Also directs: The Piramal Art Foundation, Eicon Vision Private Limited, Varaer Trading LLP and 5 more | Director | 09 Jan 2023 | 3 Years 9 Months | Current |
Peer Comparison of Democrart Technologies Private Limited
Democrart Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elan Bake Houz Private Limited | ₹5.42 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
| Vardhan Woolcombers Private Limited | ₹5.4 Cr (FY 2021) | •••• | •••• | 140.0% | •••• | Punjab, India |
| Pa Supports Private Limited | ₹5.4 Cr (FY 2025) | •••• | •••• | 2605.0% | •••• | Mumbai, Maharashtra, India |
| Broadview Impex Private Limited | ₹5.39 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Merchstudio Private Limited | ₹5.39 Cr (FY 2025) | •••• | •••• | 285.0% | •••• | Haryana, India |
| Democrart Technologies Private Limited this company | ₹5.39 Cr (FY 2025) | •••• | •••• | -68.0% | •••• | Chennai, Tamil Nadu, India |
| Sha Sha Lifestyle Impex Private Limited | ₹5.35 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| International Audio & Music Private Limited | ₹5.32 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Vijayshri Texcom Private Limited | ₹5.31 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Shivanuja Opticals Private Limited | ₹5.31 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Kolkata, West Bengal, India |
| Samar Optics (India) Private Limited | ₹5.28 Cr (FY 2023) | •••• | •••• | 162.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Democrart Technologies by revenue in the Consumer Products industry (Accessories Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Democrart Technologies Private Limited
Democrart Technologies Private Limited is audited by Chandran & Raman for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chandran & Raman | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Democrart Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Democrart Technologies Private Limited
Democrart Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Democrart Technologies Private Limited
Democrart Technologies Private Limited has 3 court cases on record: 3 filed by Democrart Technologies. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against Bombay Design Centre Private Limited | Disposed |
| Madras High Court | Arbitration matter | Filed by the company against Bombay Design Centre Private Limited | Disposed |
| Madras High Court | Arbitration matter | Filed by the company against Bombay Design Centre Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Democrart Technologies Private Limited
Employment history and EPFO contributions of people linked to Democrart Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Democrart Technologies Private Limited
Democrart Technologies Private Limited has 4 board changes on record since 2023: 3 appointments and 1 cessation. The latest: Sunilkumar Jagdishprasad Adukia was appointed as Director on 21 Aug 2023.
Credit Ratings, Litigation & Regulatory Alerts for Democrart Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Democrart Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Democrart Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Democrart Technologies Private Limited
Democrart Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCD8082H1ZH | Tamil Nadu | Active | 07 Mar 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Democrart Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Democrart Technologies Private Limited
Democrart Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 09 January 2023 (3+ years old) and is registered under CIN U72900TN2023PTC158125.
Democrart Technologies reported revenue of ₹5.39 Cr for FY 2025 (down 68% YoY).
Democrart Technologies has 3 current directors:
- Sunilkumar Jagdishprasad Adukia - Director
- Hemalatha Ramaiah - Director
- Ashvin Eachambadi Rajagopalan - Director
Democrart Technologies reported a net loss of ₹2.6 Cr (net margin -48.2%) and EBITDA of -₹2.5 Cr (EBITDA margin -46.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Democrart Technologies is 33AAJCD8082H1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Democrart Technologies is U72900TN2023PTC158125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Democrart Technologies has 3 court cases on record: 3 filed by the company.
Democrart Technologies was incorporated on 09 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Democrart Technologies by revenue are Elan Bake Houz Private Limited, Vardhan Woolcombers Private Limited, Pa Supports Private Limited, Broadview Impex Private Limited, Merchstudio Private Limited and 5 more, all in the Consumer Products industry (Accessories Retail and Distribution).
Sunilkumar Jagdishprasad Adukia was appointed as Director on 21 Aug 2023. Sunilkumar Jagdishprasad Adukia ceased to be Additional Director on 21 Aug 2023. Ashvin Eachambadi Rajagopalan was appointed as Director on 09 Jan 2023. Democrart Technologies has 4 board changes on record in total.
Democrart Technologies can be reached through the website asign.art. Its registered office is in Chennai, Tamil Nadu, India.