Dravya Finance Limited
About Dravya Finance Limited
Data last updated:
Dravya Finance Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 08 June 1981.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1981PLC024580.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹20 Lakh. It was led by directors including Rushabh Pradeep Shroff and Baban Ramchandra More.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Foods And Innspremisession Trombay Rd Deonar, Mumbai, Maharashtra, India – 400088.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Dravya Finance Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFoods And Innspremisession Trombay Rd Deonar, Mumbai, Maharashtra, India – 400088
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Dravya Finance 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 Dravya Finance Limited
FY 2017 filings availableDravya Finance Limited reported revenue of ₹544 (down 100% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹544 | ||
| Cost of Materials Consumed | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Dravya Finance Limited, buy the company report.
Board of directors of Dravya Finance Limited
Dravya Finance has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushabh Pradeep Shroff Also directs: Cyclic Chemicals Limited, Asim Exports International Limited | Director | 04 Jan 2016 | 10 Years 9 Months | As last reported |
| Baban Ramchandra More Also directs: Cyclic Chemicals Limited, Asim Exports International Limited, Pursarth Trading Company Private Limited and 2 more | Director | 04 Jan 2016 | 10 Years 9 Months | As last reported |
| Ketan Balkrishna Mehta | Director | 12 Apr 2004 | 22 Years 6 Months | As last reported |
| Hasmukh Khelshankar Rawal | Director | 12 Apr 2004 | 22 Years 6 Months | As last reported |
| Bijal Rushabh Shroff | Director | 04 Jan 2016 | 10 Years 9 Months | As last reported |
Peer comparison
Dravya Finance Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taxway Wealth Nidhi Limited | ₹565 (FY 2017) | Ajmer, Rajasthan, India | ||||
| Mazhar Capital Private Limited | ₹562 (FY 2025) | Vasai, Maharashtra, India | ||||
| Sharmila Finvest Private Limited | ₹559 (FY 2025) | -100.0% | Delhi, India | |||
| Clarikia Investment and Finance Pvt Ltd | ₹553 (FY 2025) | -95.0% | Pune, Maharashtra, India | |||
| Truvest Finserv Private Limited | ₹550 (FY 2025) | -36.0% | Delhi, India | |||
| Dravya Finance Limitedthis company | ₹544 (FY 2017) | -100.0% | Mumbai, Maharashtra, India | |||
| Mahadhan Finance Pvt. Ltd. | ₹540 (FY 2024) | -100.0% | Kolkata, West Bengal, India | |||
| Aalap Finance and Leasing Private Limited | ₹532 (FY 2024) | -7.0% | Mumbai, Maharashtra, India | |||
| Ahalawat Finance Private Limited | ₹532 (FY 2024) | -100.0% | Delhi, India | |||
| Meeraj Multiweb Industries Ltd | ₹530 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Summup Fintech Private Limited | ₹529 (FY 2025) | Gurgaon, Haryana, India |
To see the full peer comparison of Dravya Finance Limited, buy the company report.
Auditor
Dravya Finance Limited is audited by K F JETSEY & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K F JETSEY & CO | FY 2017 | 104209W |
Shareholding
The shareholding of Dravya Finance Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dravya Finance Limited, buy the company report.
Legal cases
Dravya Finance Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Income Tax Cases) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Income Tax Cases) | Filed against the company by an individual | Disposed |
To see the full case history of Dravya Finance 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 Dravya Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Dravya Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dravya Finance Limited has 11 board changes on record since 2004: 5 appointments and 6 cessations. The latest: Dinkarray Durgashankar Trivedi ceased to be Director on 30 Oct 2017.
2 earlier events are in the company report.
Frequently asked questions
Dravya Finance has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Dravya Finance was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 08 June 1981 and is registered under CIN U65923MH1981PLC024580. The company has been struck off by the Registrar of Companies and is no longer operational.
Dravya Finance had 5 directors:
- Rushabh Pradeep Shroff - Director
- Baban Ramchandra More - Director
- Ketan Balkrishna Mehta - Director
- Hasmukh Khelshankar Rawal - Director
- Bijal Rushabh Shroff - Director
The CIN (Corporate Identification Number) of Dravya Finance is U65923MH1981PLC024580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dravya Finance is at Foods And Innspremisession Trombay Rd Deonar, Mumbai, Maharashtra, India – 400088.
Dravya Finance was incorporated on 08 June 1981. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Dravya Finance on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
Dravya Finance operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
The peers of Dravya Finance by revenue are Taxway Wealth Nidhi Limited, Mazhar Capital Private Limited, Sharmila Finvest Private Limited, Clarikia Investment and Finance Pvt Ltd, Truvest Finserv Private Limited and 5 more, all in the BFSI industry (Finance, Other Financial Services).
Dravya Finance has 2 court cases on record: 2 filed against it.
Dinkarray Durgashankar Trivedi ceased to be Director on 30 Oct 2017. Baban Ramchandra More ceased to be Additional Director on 30 Sep 2016. Bijal Rushabh Shroff ceased to be Additional Director on 30 Sep 2016. Dravya Finance has 11 board changes on record in total.