About Depa India Private Limited
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Depa India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Depa Mauritius. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 25 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2006PTC164903. Its GSTIN is 27AACCD4562F1ZS (Maharashtra). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹59.19 Cr. It is led by directors including Nader Ramez Mardini and Surendran Kochukrishnan Nair.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.85 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹6.49 Lakh (net margin -0.7%) and EBITDA of ₹2.21 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 32% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Depa Group. Court records list 15 cases involving the company, including 7 filed by the company and 8 filed against it; 1 case is pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹59.18 Cr; the latest was in May 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website depa.com.
Company details
Contact details
Depa India Private Limited's registered office is in Mumbai, Maharashtra. Its website is depa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice Unit # 203 2nd Flr Satellite Silver Bldg Andheri Kurlard Nr.Marol Metrostn Marol, Andheri(E), Mumbai, Maharashtra, India – 400059
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Depa India 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
Brands
Depa India operates one associated brand: Depa Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Interior fit-out and furnishing solutions for luxury spaces are provided. | depa.com |
Business activity
The main business activity of Depa India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Depa India Private Limited, buy the company report.
Financials of Depa India Private Limited
FY 2025 filings availableDepa India Private Limited reported revenue of ₹8.85 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 33% fall in the latest year. EBITDA fell 98% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.21 Lakh | ||||
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| Net Profit (PAT) | -₹6.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -0.7% | ||||
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To see the full financial statements and ratios of Depa India Private Limited, buy the company report.
Board of directors of Depa India Private Limited
Depa India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nader Ramez Mardini | Director | 20 Jan 2024 | 2 Years 9 Months | Current |
| Surendran Kochukrishnan Nair | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Venancius Germans Antony | Director | 30 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Depa India Private Limited is audited by SGCO & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGCO & Co. LLP | FY 2023 | 112081W/W100184 |
Shareholding
The shareholding of Depa India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Depa India Private Limited, buy the company report.
Deals & funding
Depa India Private Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹59.18 Cr; the latest was in May 2016.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Funding round | ₹1.67 Cr | Investors: Depa Mauritus Limited |
| Jun 2014 | Funding round | ₹28.63 Cr | Investors: Depa Mauritus Limited |
| Dec 2012 | Funding round | ₹4.44 Cr | Investors: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Depa Mauritus Limited & Mohamed Ali Thomas, Depa Mauritus Limited Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Depa Mauritus Limited Seller: an individual |
To see the full deal history of Depa India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Depa India Private Limited has 15 court cases on record: 7 filed by Depa India, 8 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 1 |
| High courts | 7 | 3 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Magus Estates and Hotels Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Magus Estates and Hotels Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Magus Estates and Hotels Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Nitesh Residency Hotels Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Ambience Hotels and Resorts Pvt Ltd | Disposed |
To see the full case history of Depa India 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 Depa India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Depa India Private Limited has a workforce of 18 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Depa India has 7 GST registrations: 2 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD4562F1ZS | Maharashtra | Active | 01 Jul 2017 |
| 07AACCD4562F2ZT | Delhi | Active | 28 Sep 2019 |
To see the full GST registrations and return filing status of Depa India Private Limited, buy the company report.
Recent activity
Depa India Private Limited has 17 board changes on record since 2009: 3 appointments and 14 cessations. The latest: Nader Ramez Mardini ceased to be Additional Director on 29 Sep 2024.
8 earlier events are in the company report.
Frequently asked questions
Depa India is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 25 September 2006 (20+ years old) and is registered under CIN U74210MH2006PTC164903.
Depa India has 3 current directors:
- Nader Ramez Mardini - Director
- Surendran Kochukrishnan Nair - Director
- Venancius Germans Antony - Director
The latest financial statements of Depa India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Depa India is 27AACCD4562F1ZS, registered in Maharashtra. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 07AACCD4562F2ZT (Delhi).
The CIN (Corporate Identification Number) of Depa India is U74210MH2006PTC164903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Depa India has 15 court cases on record: 7 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Depa India was incorporated on 25 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Depa India has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹59.18 Cr; the latest was in May 2016.
Nader Ramez Mardini ceased to be Additional Director on 29 Sep 2024. Nader Ramez Mardini was appointed as Director on 20 Jan 2024. Surendran Kochukrishnan Nair ceased to be Additional Director on 31 Dec 2021. Depa India has 17 board changes on record in total.
Depa India can be reached through the website depa.com. Its registered office is in Mumbai, Maharashtra, India.
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