Doshion Private Limited

Doshion Private Limited - environment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24110GJ1995PTC025307 Incorporated 03 April 1995 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Liquidation Private Limited Company environment
Data last updated
Revenue · FY 2018
₹29.18 Cr
▼ 23% YoY
Net loss · FY 2018
₹10.77 Cr
Net margin -36.9%
EBITDA · FY 2018
-₹9.16 Cr
EBITDA margin -31.4%
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹39.39 Cr
Issued & subscribed
Open charges
₹1,256.81 Cr
Satisfied ₹172.56 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
4
Provident fund records

About Doshion Private Limited

Data last updated:

Doshion Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the water treatment segment of the environmental services sector. It was incorporated on 03 April 1995.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1995PTC025307. Its GSTIN is 24AAACD8771G1ZN (Gujarat). The company holds 9 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹39.39 Cr. It was formerly known as Doshion Limited and Doshi Ion Exchange and Chemical Industries Limited. It is led by directors Ashit Dhirajlal Doshi (Managing Director) and Rakshit Dhirajlal Doshi.

Its last annual general meeting (AGM) was held on 30 March 2019, and its latest financial statements are for the year ended 31 March 2018. The registered office is at A – 806 Sankalp Iconic Tower Iscon – Ambli Road, Ahmedabad, Gujarat, India – 380054.

As per the financials filed for FY 2018, the company reported a revenue of ₹29.18 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹10.77 Cr (net margin -36.9%) and EBITDA of -₹9.16 Cr (EBITDA margin -31.4%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.

The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries.

The company is associated with 1 brand: Doshion. As per MCA filings, the company has open charges of ₹1,256.81 Cr and satisfied charges of ₹172.56 Cr on record. Court records list 332 cases involving the company, including 168 filed by the company and 144 filed against it; 63 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹72.41 Cr; the latest was in May 2012. Its 10 peer companies in the Cleantech industry (Water and Wastewater Treatment) are compared by revenue, 5 larger and 5 smaller; the largest is Ranipet Tannery Effluent Treatment Company with revenue of ₹30.63 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 2 micro and small suppliers.

The last known website on record is doshion.com.

Company Details of Doshion Private Limited
CIN U24110GJ1995PTC025307
Registration Number 025307
Incorporation Date 03 April 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 March 2019
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Name History of Doshion Private Limited

Doshion has undergone 2 name changes throughout its history. The company was previously known as Doshion Limited, and Doshi Ion Exchange And Chemical Industries Limited. The current legal name is Doshion Private Limited.

Company NameStatus
Doshion Private LimitedCurrent
Doshion LimitedPrevious
Doshi Ion Exchange And Chemical Industries LimitedPrevious

CIN History of Doshion Private Limited

Doshion has one previous CIN (Corporate Identification Number): U24110GJ1995PLC025307. The current CIN is U24110GJ1995PTC025307, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24110GJ1995PTC025307Current
U24110GJ1995PLC025307Previous
Key People
Ashit Dhirajlal Doshi Managing Director Rakshit Dhirajlal Doshi Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    doshion.com
  • Social Media
  • Registered Address
    A – 806 Sankalp Iconic Tower Iscon – Ambli Road, Ahmedabad, Gujarat, India – 380054
  • Industry
    Environment, Water Treatment
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Financials, compliance, directors, charges, ownership and filings for Doshion Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Doshion Private Limited

Doshion operates one associated brand: Doshion. Each brand links to its own profile.

BrandDescriptionWebsite
Doshion
Provider of waste water management servicesdoshion.com

Business Activity of Doshion Private Limited

The main business activities of Doshion are manufacturing and professional, scientific and technical. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Doshion Private Limited FY 2018 filings available

Doshion Private Limited reported revenue of ₹29.18 Cr (down 23% YoY) for FY 2018.

Revenue · FY 2018
₹29.18 Cr ▼ 23%
Net loss · FY 2018
₹10.77 Cr margin -36.9%
EBITDA · FY 2018
-₹9.16 Cr margin -31.4%

Compounded Annual Growth Rate (CAGR) of Doshion Private Limited

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▼ 444%
3 years · compounded
▲ 30%

Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 23% fall in the latest year. EBITDA fell 444% 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 of Doshion Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹29.18 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA-₹9.16 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹10.77 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 Doshion Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-31.4%••••••••••••
Net Profit Margin-36.9%••••••••••••
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 Doshion are in the company report.

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Financial statements from 2015

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Board of Directors of Doshion Private Limited

Doshion has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rakshit Dhirajlal Doshi
Also directs: Gondwana Engineers Ltd, Shivpuri Water Infrastructure Private Limited, Fivebro International Private Limited
Director03 Apr 199531 Years 6 MonthsAs last reported
Ashit Dhirajlal Doshi
Also directs: Gondwana Engineers Ltd, Shivpuri Water Infrastructure Private Limited, Waptai Association
Managing Director03 Apr 199531 Years 6 MonthsAs last reported
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Peer Comparison of Doshion Private Limited

Doshion Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Water and Wastewater Treatment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ranipet Tannery Effluent Treatment Company₹30.63 Cr (FY 2024)••••••••27.0%••••Walajapet, Tamil Nadu, India
S R Paryavaran Engineers Private Limited₹30.08 Cr (FY 2024)••••••••-46.0%••••Chandigarh, India
Bisineer Engineering (India) Private Limited₹29.6 Cr (FY 2025)••••••••11.0%••••Bangalore, Karnataka, India
Rd Water System Private Limited₹29.49 Cr (FY 2024)••••••••35.0%••••Udaipur, Rajasthan, India
United Envirotech Private Limited₹29.24 Cr (FY 2025)••••••••21.0%••••Pune, Maharashtra, India
Doshion Private Limited this company₹29.18 Cr (FY 2018)••••••••-23.0%••••Ahmedabad, Gujarat, India
Aqua O&M Services Private Limited₹28.59 Cr (FY 2024)••••••••-3.0%••••Surat, Gujarat, India
Roserve Enviro Private Limited₹28.53 Cr (FY 2025)••••••••-18.0%••••New Delhi, Delhi, India
Aqua-Tech Solutions Private Limited₹27.84 Cr (FY 2024)••••••••-47.0%••••Pune, Maharashtra, India
Malviya Nagar Water Services Private Limited₹27.83 Cr (FY 2025)••••••••0.0%••••New Delhi, Delhi, India
Sun Enviro Technologies Private Limited₹27.11 Cr (FY 2024)••••••••74.0%••••Nagpur, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Doshion by revenue in the Cleantech industry (Water and Wastewater Treatment), 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 Doshion Private Limited

Doshion Private Limited is audited by H TALATI & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
H TALATI & COLockedLockedLocked
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Ownership and Shareholding of Doshion Private Limited

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Charges & Borrowings of Doshion Private Limited

Open charges
₹1,256.81 Cr
Satisfied charges
₹172.56 Cr
Breakdown by lending institutions
Il & Fs Trust Company Limited₹408.64 Cr
Idbi Bank Limited₹214.40 Cr
The Karur Vysya Bank Limited₹200.00 Cr
Bank of Maharashtra₹98.61 Cr
Dena Bank₹88.87 Cr
Others₹246.29 Cr
Latest charge details
DateLenderAmountStatus
20 Mar 2015Bank of Maharashtra₹95.41 CrOpen
12 Sep 2014Dena Bank₹88.87 CrOpen
27 Aug 2014Idbi Bank Limited₹33.15 CrOpen
26 Nov 2013Il & Fs Trust Company Limited₹408.64 CrOpen
20 Mar 2013Tata Capital Financial Services Limited₹10 CrOpen

Total charge records: 32 View all charges

Deals & Funding of Doshion Private Limited

Doshion Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹72.41 Cr; the latest was in May 2012.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹72.41 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Apr 2011Secondary share transferUndisclosedBuyer: an individual
Seller: Dhirajlal Doshi HUF
Dec 2008Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 3 individuals
Mar 2008Secondary share transferUndisclosedBuyer: Dhirajlal Doshi HUF, Ashit Doshi HUF, 2 individuals
Seller: 4 individuals
Nov 2007Funding round₹35 CrInvestors: Investcorp
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Doshion Private Limited

Doshion Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 9 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Gondwana Engineers Ltd••••••••••••
Fivebro International Private Limited••••••••••••
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Doshion Private Limited

Doshion Private Limited has a workforce of 4 employees as of Apr 06, 2024.

Employee count
4
Active EPFO establishments
1
Employee growth
100%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Doshion Private Limited

Doshion has 8 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

8
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Pacific Pipe Systems Private LimitedU28110GJ2008PTC053182Locked
Doshion Fabrication Company Private LimitedU29100GJ2008PTC055415Locked
Thomson Nusa Metals Private LimitedU31501TN1992PTC023326Locked
Nagaur Water Supply Company Private LimitedU41000GJ2008PTC053373Locked
Shivpuri Water Infrastructure Private LimitedU41000GJ2009PTC057906Locked
Doshion Water Umbrella (Cuddalore) Private LimitedU41000GJ2011PTC064934Locked

Showing major subsidiaries. Total: 8.

Recent Activity on Doshion Private Limited

Doshion Private Limited has 12 board changes on record since 1995: 2 appointments and 10 cessations. The latest: Amit Dhirajlal Doshi ceased to be Director on 05 Nov 2016.

AGM
Doshion Private Limited last Annual general meeting of members was held on 30 Mar 2019 as per latest MCA records.
Filing
Doshion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.
Ceased
Amit Dhirajlal Doshi ceased to be Director.
Charges
A charge registered on 22 Jan 2013 via Charge ID 10403920 with Bank Of Maharashtra was fully satisfied on 30 Mar 2016.
Ceased
Rishi Dayanand Kharkwal ceased to be Nominee Director.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 95.41 Cr with Charge ID 10564655 was registered on 20 Mar 2015.
Ceased
Dhirajlal Shivlal Doshi ceased to be Whole-Time Director.
Charges
A charge with Idbi Bank Limited of Rs. 181.25 Cr registered on 08 Sep 2009 with Charge ID 10182636 was modified on 01 Oct 2014.
Charges
A charge with Dena Bank amounted to Rs. 88.87 Cr with Charge ID 10523241 was registered on 12 Sep 2014.
Charges
A charge with Idbi Bank Limited amounted to Rs. 33.15 Cr with Charge ID 10521330 was registered on 27 Aug 2014.
Charges
A charge with Il & Fs Trust Company Limited of Rs. 408.64 Cr registered on 26 Nov 2013 with Charge ID 10472061 was modified on 27 Jun 2014.
Ceased
Ganapathy Viswanathan Iyer ceased to be Director.

57 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Doshion Private Limited

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Subsidiaries & Group Companies of Doshion Private Limited

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Corporate group structure

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GST Compliance of Doshion Private Limited

Doshion has 9 GST registrations: 4 active and 5 cancelled or inactive.

Total GSTINs
9
Active
4
Cancelled / inactive
5
GSTINStateStatusRegistered on
24AAACD8771G1ZNGujaratActive01 Jul 2017
08AAACD8771G1ZHRajasthanActive01 Jul 2017
29AAACD8771G1ZDKarnatakaActive01 Jul 2017
23AAACD8771G2ZOMadhya PradeshActive05 Jan 2018
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MCA Filings & Documents of Doshion Private Limited

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Related news about Doshion Private Limited

Doshion Veolia acquires GEL for Rs 50 crore
20 Jan 2013 · Business-Standard

Frequently Asked Questions about Doshion Private Limited

Doshion is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Doshion is a company under liquidation, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in water treatment, within the environment industry. It was incorporated on 03 April 1995 and is registered under CIN U24110GJ1995PTC025307. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Doshion reported revenue of ₹29.18 Cr for FY 2018 (down 23% YoY).

Doshion has 2 current directors:

Doshion reported a net loss of ₹10.77 Cr (net margin -36.9%) and EBITDA of -₹9.16 Cr (EBITDA margin -31.4%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Doshion is -36% over three years. In the latest year (FY 2018) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Doshion is U24110GJ1995PTC025307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Doshion has open charges of ₹1,256.81 Cr and satisfied charges of ₹172.56 Cr as per latest MCA filings.

Doshion has 332 court cases on record: 168 filed by the company and 144 filed against it. 63 are pending. Most are in the district courts.

Doshion was incorporated on 03 April 1995. It is registered with the Registrar of Companies, Ahmedabad.

Doshion has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹72.41 Cr; the latest was in May 2012.

The peers of Doshion by revenue are Ranipet Tannery Effluent Treatment Company, S R Paryavaran Engineers Private Limited, Bisineer Engineering (India) Private Limited, Rd Water System Private Limited, United Envirotech Private Limited and 5 more, all in the Cleantech industry (Water and Wastewater Treatment).

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