
About Dhvani Industries Private Limited
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Dhvani Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2017PTC097495. Its GSTIN is 24AAGCD1864N1ZE (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Daxeshbhai Kantilal Shah and Dhwani Dakshesh Shah.
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 Shed No. 22 And 23 Shubham Industrial Park Shahwadi B/S Vaishali Nagar Narol, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.74 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹12.68 Lakh (net margin 1.2%) and EBITDA of ₹41.33 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹3.1 Cr on record.
Dhvani Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0119840). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhvanienterprise.com.
Company details
Recognitions & Rankings of Dhvani Industries
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0119840
Contact details
Dhvani Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its website is dhvanienterprise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. 22 And 23 Shubham Industrial Park Shahwadi B/S Vaishali Nagar Narol, Ahmedabad, Gujarat, India – 382405
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Dhvani Industries 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 Dhvani Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Dhvani Industries Private Limited, buy the company report.
Financials of Dhvani Industries Private Limited
FY 2025 filings availableDhvani Industries Private Limited reported revenue of ₹10.74 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 25% growth in the latest year. EBITDA rose 10% 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 | ₹41.33 Lakh | ||||
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| Net Profit (PAT) | ₹12.68 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 | 3.8% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Dhvani Industries Private Limited, buy the company report.
Board of directors of Dhvani Industries Private Limited
Dhvani Industries 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 |
|---|---|---|---|---|
| Daxeshbhai Kantilal Shah Also directs: Caelitus Foundation | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Dhwani Dakshesh Shah Also directs: Caelitus Foundation, Ultralife Wellness Private Limited | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Akash Shah | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Dhvani Industries Private Limited is audited by G D LAVALE & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D LAVALE & ASSOCIATES | FY 2021 | 134124W |
Shareholding
The shareholding of Dhvani Industries Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dhvani Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2024 | 100964860 | Idbi Bank Limited | ₹3.1 Cr | Open |
To see the full charge records of Dhvani Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Dhvani Industries 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 Dhvani Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dhvani Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCD1864N1ZE | Gujarat | Active | 20 Jul 2018 |
To see the full GST registrations and return filing status of Dhvani Industries Private Limited, buy the company report.
Recent activity
Dhvani Industries Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Akash Shah was appointed as Director on 10 Jan 2025.
Frequently asked questions
Dhvani Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 22 May 2017 (9+ years old) and is registered under CIN U24304GJ2017PTC097495.
Dhvani Industries has 3 current directors:
- Daxeshbhai Kantilal Shah - Director
- Dhwani Dakshesh Shah - Director
- Akash Shah - Director
The latest financial statements of Dhvani Industries 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 FY 2018 are in the company report.
The GSTIN of Dhvani Industries is 24AAGCD1864N1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Dhvani Industries is U24304GJ2017PTC097495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhvani Industries was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akash Shah was appointed as Director on 10 Jan 2025. Ashita Daksheshbhai Shah ceased to be Director on 10 Sep 2024. Ashita Daksheshbhai Shah was appointed as Director on 22 May 2017. Dhvani Industries has 5 board changes on record in total.
Yes, Dhvani Industries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dhvani Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0119840).
Dhvani Industries can be reached through the website dhvanienterprise.com. Its registered office is in Ahmedabad, Gujarat, India.

