MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0018719
Doric Innovation Studio Private Limited
Doric Innovation Studio Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹53.16 Lakh
▲ 162% YoY
Net profit · FY 2022
₹62,778
Net margin 1.2%
EBITDA · FY 2022
₹8.7 Lakh
EBITDA margin 16.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Doric Innovation Studio Private Limited
Data last updated:
Doric Innovation Studio Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2020PTC136512. Its GSTIN is 29AAHCD8658B1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Akshath Kumar Sadananda Shetty and Srajana Kishan Shetty.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 4 10th Block 2nd Stage Nagarbhavi, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2022, the company reported a revenue of ₹53.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹62,778 (net margin 1.2%) and EBITDA of ₹8.7 Lakh (EBITDA margin 16.4%).
As per MCA filings, the company has open charges of ₹50 Lakh on record.
Doric Innovation Studio Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0018719).
Company Details of Doric Innovation Studio Private Limited
CIN U70109KA2020PTC136512
Registration Number 136512
Incorporation Date 27 July 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0018719
Key People
Akshath Kumar Sadananda Shetty Director Srajana Kishan Shetty Director Sudarshan Rai Bellerimadu Narayana Director Recognitions & Rankings of Doric Innovation Studio
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 4 10th Block 2nd Stage Nagarbhavi, Bangalore, Karnataka, India – 560072
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
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Business Activity of Doric Innovation Studio Private Limited
The main business activity of Doric Innovation Studio is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Doric Innovation Studio Private Limited FY 2022 filings available
Doric Innovation Studio Private Limited reported revenue of ₹53.16 Lakh (up 162% YoY) for FY 2022.
Revenue · FY 2022
₹53.16 Lakh ▲ 162%
Net profit · FY 2022
₹62,778 margin 1.2%
EBITDA · FY 2022
₹8.7 Lakh margin 16.4%
Compounded Annual Growth Rate (CAGR) of Doric Innovation Studio Private Limited
Revenue CAGR growth
1 year
▲ 162%
EBITDA CAGR growth
1 year
▲ 213%
Revenue rose 162% in the latest year. EBITDA rose 213% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Doric Innovation Studio Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹53.16 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹8.7 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹62,778 | •••• |
| 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 Doric Innovation Studio Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 16.4% | •••• |
| Net Profit Margin | 1.2% | •••• |
| 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 Doric Innovation Studio are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Doric Innovation Studio Private Limited
Doric Innovation Studio has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshath Kumar Sadananda Shetty | Director | 27 Jul 2020 | 6 Years 2 Months | Current |
| Srajana Kishan Shetty | Director | 27 Jul 2020 | 6 Years 2 Months | Current |
| Sudarshan Rai Bellerimadu Narayana | Director | 27 Jul 2020 | 6 Years 2 Months | Current |
Peer Comparison of Doric Innovation Studio Private Limited
Doric Innovation Studio Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Furniture). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mokshavirasat Infra Private Limited | ₹53.75 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Lucknow, Uttar Pradesh, India |
| Dasari Builders Private Limited | ₹53.48 Lakh (FY 2023) | •••• | •••• | -83.0% | •••• | Bangalore, Karnataka, India |
| Multivision Retail Private Limited | ₹53.45 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
| Vividhaus Designs (OPC) Private Limited | ₹53.43 Lakh (FY 2020) | •••• | •••• | 7064.0% | •••• | Bangalore, Karnataka, India |
| Mma Design Private Limited | ₹53.33 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Gurgaon, Haryana, India |
| Doric Innovation Studio Private Limited this company | ₹53.16 Lakh (FY 2022) | •••• | •••• | 162.0% | •••• | Bangalore, Karnataka, India |
| Perfect Handicraft Private Limited | ₹53.14 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Jaipur, Rajasthan, India |
| Solinterio Solutions Private Limited | ₹53.06 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Sohrab Impex Limited | ₹53.03 Lakh (FY 2019) | •••• | •••• | -44.0% | •••• | Punjab, India |
| Inkbot Labs Private Limited | ₹52.68 Lakh (FY 2025) | •••• | •••• | 751.0% | •••• | Pune, Maharashtra, India |
| Interwall Interiors Private Limited | ₹52.62 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Doric Innovation Studio by revenue in the Consumer Durables industry (Furniture), 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 Doric Innovation Studio Private Limited
Doric Innovation Studio Private Limited is audited by KUMAR AND KUMARA for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR AND KUMARA | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Doric Innovation Studio Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Doric Innovation Studio Private Limited
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2020 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Doric Innovation Studio Private Limited
Doric Innovation Studio Private Limited has a workforce of 0 employees as of Mar 31, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Doric Innovation Studio Private Limited
Doric Innovation Studio Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Akshath Kumar Sadananda Shetty was appointed as Director on 27 Jul 2020.
AGM
Doric Innovation Studio Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Doric Innovation Studio Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100403861 was registered on 13 Nov 2020.
Appointed
Akshath Kumar Sadananda Shetty was appointed as Director.
Appointed
Srajana Kishan Shetty was appointed as Director.
Appointed
Sudarshan Rai Bellerimadu Narayana was appointed as Director.
Incorporation
27 Jul 2020
Doric Innovation Studio Private Limited was registered on 27 Jul 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Doric Innovation Studio Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Doric Innovation Studio Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Doric Innovation Studio Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Doric Innovation Studio Private Limited
Doric Innovation Studio has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCD8658B1ZE | Karnataka | Active | 04 Aug 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Doric Innovation Studio Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Doric Innovation Studio Private Limited
Doric Innovation Studio is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 July 2020 (6+ years old) and is registered under CIN U70109KA2020PTC136512.
Doric Innovation Studio reported revenue of ₹53.16 Lakh for FY 2022 (up 162% YoY).
Doric Innovation Studio has 3 current directors:
- Akshath Kumar Sadananda Shetty - Director
- Srajana Kishan Shetty - Director
- Sudarshan Rai Bellerimadu Narayana - Director
Doric Innovation Studio reported a net profit of ₹62,778 (net margin 1.2%) and EBITDA of ₹8.7 Lakh (EBITDA margin 16.4%) for FY 2022, as per its filed financial statements.
The GSTIN of Doric Innovation Studio is 29AAHCD8658B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Doric Innovation Studio is U70109KA2020PTC136512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Doric Innovation Studio was incorporated on 27 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Doric Innovation Studio by revenue are Mokshavirasat Infra Private Limited, Dasari Builders Private Limited, Multivision Retail Private Limited, Vividhaus Designs (OPC) Private Limited, Mma Design Private Limited and 5 more, all in the Consumer Durables industry (Furniture).
Akshath Kumar Sadananda Shetty was appointed as Director on 27 Jul 2020. Srajana Kishan Shetty was appointed as Director on 27 Jul 2020. Sudarshan Rai Bellerimadu Narayana was appointed as Director on 27 Jul 2020.
Yes, Doric Innovation Studio is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0018719).
The registered office of Doric Innovation Studio is at No. 4 10th Block 2nd Stage Nagarbhavi, Bangalore, Karnataka, India – 560072.