Doviaz Retail Limited
About Doviaz Retail Limited
Data last updated:
Doviaz Retail Limited is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 14 July 2004.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01100WB2004PLC099109. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Lmj Distributors Private Limited and Doviaz Retail Private Limited. It is led by directors including Hulash Chand Jain and Krasna Kumar Vyas.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2 Transport Depot Road, Kolkata, West Bengal, India – 700088.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.42 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹9.69 Lakh (net margin -1%) and EBITDA of -₹3.47 Cr (EBITDA margin -36.9%).
As per MCA filings, the company has satisfied charges of ₹67.76 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Name history
Doviaz Retail has undergone 2 name changes throughout its history. The company was previously known as Lmj Distributors Private Limited, and Doviaz Retail Private Limited. The current legal name is Doviaz Retail Limited.
| Company Name | Status |
|---|---|
| Doviaz Retail Limited | Current |
| Lmj Distributors Private Limited | Previous |
| Doviaz Retail Private Limited | Previous |
CIN history
Doviaz Retail has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U01100WB2004PLC099109, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100WB2004PLC099109 | Current |
| U63090WB2004PTC099109 | Previous |
| U63090WB2004PLC099109 | Previous |
Contact details
Doviaz Retail Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Transport Depot Road, Kolkata, West Bengal, India – 700088
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Doviaz Retail 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
Financials of Doviaz Retail Limited
FY 2018 filings availableDoviaz Retail Limited reported revenue of ₹9.42 Cr (up 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.42 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.47 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9.69 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -36.9% | ||
| Net Profit Margin | -1% | ||
| 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 | |||
To see the full financial statements and ratios of Doviaz Retail Limited, buy the company report.
Board of directors of Doviaz Retail Limited
Doviaz Retail has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hulash Chand Jain Also directs: Net Agri Company Limited, Internet Valley Limited, Srimunisuvrata Agri International Limited and 1 more | Additional Director | 21 Aug 2018 | 8 Years 2 Months | As last reported |
| Krasna Kumar Vyas Also directs: Net Agri Company Limited | Additional Director | 29 Mar 2019 | 7 Years 7 Months | As last reported |
| Kamlesh Chandra Dubey | Additional Director | 31 Mar 2018 | 8 Years 6 Months | As last reported |
Auditor
Doviaz Retail Limited is audited by GAURAV S AGARWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV S AGARWAL & ASSOCIATES | FY 2017 | 064257 |
Shareholding
The shareholding of Doviaz Retail Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Doviaz Retail Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Apr 2016 | 100023179 | Others | ₹12.4 Cr | Satisfied | |
| 03 Jan 2015 | 10548453 | Indiabulls Housing Finance Limited | ₹13 Cr | Satisfied | |
| 07 Aug 2009 | 10176553 | Tata Capital Financial Services Limited | ₹31.86 Cr | Satisfied | |
| 28 Nov 2007 | 10110010 | Tata Capital Financial Services Limited | ₹7 Cr | Satisfied | |
| 08 Dec 2004 | 90252933 | Kotak Mahindra Bank Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Doviaz Retail Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Doviaz Retail Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Doviaz Retail 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 Doviaz Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Doviaz Retail has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Doviaz Retail Limited, buy the company report.
Recent activity
Doviaz Retail Limited has 21 board changes on record since 2012: 3 appointments and 18 cessations. The latest: Ashok Vyas ceased to be Additional Director on 29 Mar 2019.
23 earlier events are in the company report.
Frequently asked questions
Doviaz Retail is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Doviaz Retail is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 14 July 2004 and is registered under CIN U01100WB2004PLC099109. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Doviaz Retail has 3 current directors:
- Hulash Chand Jain - Additional Director
- Krasna Kumar Vyas - Additional Director
- Kamlesh Chandra Dubey - Additional Director
The latest financial statements of Doviaz Retail on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Doviaz Retail is U01100WB2004PLC099109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Doviaz Retail has no open charges and satisfied charges of ₹67.76 Cr as per latest MCA filings.
Doviaz Retail has 1 court case on record: 1 filed against it.
Doviaz Retail was incorporated on 14 July 2004. It is registered with the Registrar of Companies, Kolkata.
Ashok Vyas ceased to be Additional Director on 29 Mar 2019. Krasna Kumar Vyas was appointed as Additional Director on 29 Mar 2019. Hulash Chand Jain was appointed as Additional Director on 21 Aug 2018. Doviaz Retail has 21 board changes on record in total.
The registered office of Doviaz Retail is at 2 Transport Depot Road, Kolkata, West Bengal, India – 700088.
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