- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-01-0017442

About D.S.M. Sole Products Private Limited
Data last updated:
D.S.M. Sole Products Private Limited is a private limited company based in Agra, Uttar Pradesh, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 05 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U19115UP2009PTC036934. Its GSTIN is 09AADCD0939P1Z7 (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Kapil Palwar and Gautam Palwar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 91 Site C Upsidc Sikandra, Agra, Uttar Pradesh, India – 282007.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.97 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹44.91 Lakh (net margin 0.9%) and EBITDA of ₹3.71 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DSM Sole Products. As per MCA filings, the company has open charges of ₹19.07 Cr and satisfied charges of ₹16.12 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 9 cases are pending.
D.S.M. Sole Products Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-01-0017442). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dsmsoles.com.
Company details
Recognitions & Rankings of D.S.M. Sole Products
Contact details
D.S.M. Sole Products Private Limited's registered office is in Agra, Uttar Pradesh. Its website is dsmsoles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 91 Site C Upsidc Sikandra, Agra, Uttar Pradesh, India – 282007
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of D.S.M. Sole Products 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
Brands
D.S.M. Sole Products operates one associated brand: DSM Sole Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of footwear soles with a focus on quality and global market presence. | dsmsoles.com |
Business activity
The main business activity of D.S.M. Sole Products is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of D.S.M. Sole Products Private Limited, buy the company report.
Financials of D.S.M. Sole Products Private Limited
FY 2024 filings availableD.S.M. Sole Products Private Limited reported revenue of ₹50.97 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 17% growth in the latest year. EBITDA rose 12% 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 | ₹3.71 Cr | ||||
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| Net Profit (PAT) | ₹44.91 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 | 7.3% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of D.S.M. Sole Products Private Limited, buy the company report.
Board of directors of D.S.M. Sole Products Private Limited
D.S.M. Sole Products has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Palwar Also directs: D.S.M. Infrabuild Private Limited | Director | 05 Mar 2009 | 17 Years 8 Months | Current |
| Gautam Palwar Also directs: D.S.M. Infrabuild Private Limited | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Madan Kishore | Director | 05 Mar 2009 | 17 Years 8 Months | Current |
| Poonam Palwar | Director | 11 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
D.S.M. Sole Products Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grandmaa International Limited | ₹52.57 Cr (FY 2025) | 35.0% | Ludhiana, Punjab, India | |||
| HTL Footwear Private Limited | ₹51.63 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Kalp Footwear Industries Private Limited | ₹51.15 Cr (FY 2025) | 94.0% | Agra, Uttar Pradesh, India | |||
| D.S.M. Sole Products Private Limitedthis company | ₹50.97 Cr (FY 2025) | ₹44.91 Lakh | 0.9% | 17.0% | 72 | Agra, Uttar Pradesh, India |
| Drish Shoes Limited | ₹50.77 Cr (FY 2021) | -71.0% | Himachal Pradesh, India | |||
| Asb Polymers Private Limited | ₹49.51 Cr (FY 2025) | 13.0% | Bahadurgarh, Haryana, India |
To see the full peer comparison of D.S.M. Sole Products Private Limited, buy the company report.
Auditor
D.S.M. Sole Products Private Limited is audited by SAKET JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAKET JAIN & CO. | FY 2023 | 014685N |
Shareholding
The shareholding of D.S.M. Sole Products Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of D.S.M. Sole Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101120285 | Others | ₹74 Lakh | Open | |
| 30 Apr 2022 | 100574571 | State Bank of India | ₹3 Cr | Open | |
| 20 Dec 2021 | 100521432 | State Bank of India | ₹67 Lakh | Open | |
| 11 Nov 2021 | 100518419 | Axis Bank Limited | ₹48.88 Lakh | Open | |
| 30 May 2020 | 100341864 | State Bank of India | ₹1.35 Cr | Open |
To see the full charge records of D.S.M. Sole Products Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
D.S.M. Sole Products Private Limited has 11 court cases on record: 3 filed by D.S.M. Sole Products, 8 filed against it. 9 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 9 |
Cases on record (4 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Agra, Uttar Pradesh | Criminal case | Filed by the company against M/S Edisson Exports | Pending |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Pending |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Pending |
| District court, Mathura, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of D.S.M. Sole Products Private 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 D.S.M. Sole Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
D.S.M. Sole Products Private Limited has a workforce of 72 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
D.S.M. Sole Products has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCD0939P1Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
| 33AADCD0939P1ZG | Tamil Nadu | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of D.S.M. Sole Products Private Limited, buy the company report.
Recent activity
D.S.M. Sole Products Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Poonam Palwar was appointed as Director on 11 Jan 2025.
20 earlier events are in the company report.
Frequently asked questions
D.S.M. Sole Products is an active private limited company based in Agra, Uttar Pradesh, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 05 March 2009 (17+ years old) and is registered under CIN U19115UP2009PTC036934.
D.S.M. Sole Products has 4 current directors:
- Kapil Palwar - Director
- Gautam Palwar - Director
- Madan Kishore - Director
- Poonam Palwar - Director
The latest financial statements of D.S.M. Sole Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of D.S.M. Sole Products is 09AADCD0939P1Z7, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AADCD0939P1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of D.S.M. Sole Products is U19115UP2009PTC036934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
D.S.M. Sole Products has 11 court cases on record: 3 filed by the company and 8 filed against it. 9 are pending.
D.S.M. Sole Products was incorporated on 05 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of D.S.M. Sole Products by revenue are Grandmaa International Limited, HTL Footwear Private Limited, Kalp Footwear Industries Private Limited, Drish Shoes Limited, Asb Polymers Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Poonam Palwar was appointed as Director on 11 Jan 2025. Laxmi Palwar ceased to be Director on 01 Sep 2023. Gautam Palwar was appointed as Director on 11 Mar 2019. D.S.M. Sole Products has 5 board changes on record in total.
Yes, D.S.M. Sole Products is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-01-0017442).
D.S.M. Sole Products can be reached through the website dsmsoles.com. Its registered office is in Agra, Uttar Pradesh, India.

