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
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
Financials of Democrart Technologies Private Limited
FY 2025 filings availableDemocrart Technologies Private Limited reported revenue of ₹5.39 Cr (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2022-23 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2022-23 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2022-23 to FY 2023-24, 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.
: available in the company report
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 |
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Democrart Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Democrart Technologies Private Limited has 3 court cases on record: 3 filed by Democrart Technologies. All cases are disposed.
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 |
| High Court | Arbitration matter | Filed by the company against Bombay Design Centre Private Limited | Disposed |
| High Court | Arbitration matter | Filed by the company against Bombay Design Centre Private Limited | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Democrart Technologies.
: available in the company report
Recent Activity
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
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Democrart Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCD8082H1ZH | Tamil Nadu | Active | 07 Mar 2023 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 3 current directors:
- Sunilkumar Jagdishprasad Adukia - Director
- Hemalatha Ramaiah - Director
- Ashvin Eachambadi Rajagopalan - Director
The latest financial statements of Democrart Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2023 are in the company report.
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.
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.
The registered office of Democrart Technologies is at No.4 2nd Street Dr. Radhakrishnan Salai Mylapore, Chennai, Tamil Nadu, India – 600004.