
Ducat Finance Private Limited
About Ducat Finance Private Limited
Data last updated:
Ducat Finance Private Limited was a private 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 01 April 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65944MH1991PTC060986.
The company had an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Rashid Mehernosh Currawalla and Mehernosh Rusi Currawalla.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹39,337, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39,337 (net margin 100%) and EBITDA of ₹39,337 (EBITDA margin 100%).
Company details
Contact details
Ducat Finance Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1 Simran Ground Floor Vbp Deshpande Marg Off Tejpal Scheme Road No. 4 Vile Parle, East, Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ducat Finance 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
Financials of Ducat Finance Private Limited
FY 2017 filings availableDucat Finance Private Limited reported revenue of ₹39,337 (up 799% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 799% in the latest year. EBITDA rose 402% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹39,337 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹39,337 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 100% | |
| Net Profit Margin | 100% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Ducat Finance Private Limited, buy the company report.
Board of directors of Ducat Finance Private Limited
Ducat Finance has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashid Mehernosh Currawalla Also directs: Mazda Express Logistics LLP, Fak Cargo Dynamics Private Limited, Mazda Transport P Ltd and 2 more | Director | 01 Nov 2007 | 19 Years 0 Months | As last reported |
| Mehernosh Rusi Currawalla Also directs: Fundalogical Ventures Growth LLP, Fundalogical Ventures Investment Management LLP, Mazda Express Logistics LLP and 5 more | Director | 01 Apr 1991 | 35 Years 7 Months | As last reported |
| Katayun Mehernosh Currawalla Also directs: Cgi Nexus LLP | Director | 01 Apr 1991 | 35 Years 7 Months | As last reported |
Peer comparison
Ducat Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumit Resorts and Farms Private Limited | ₹39,350 (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| Ducat Finance Private Limitedthis company | ₹39,337 (FY 2016) | ₹39,337 | 100% | 799.0% | Mumbai, Maharashtra, India | |
| Trade Box Fintech Solution Private Limited | ₹39,276 (FY 2024) | -81.0% | Noida, Uttar Pradesh, India | |||
| Kaspar Capital Advisory Services Private Limited | ₹39,266 (FY 2025) | -87.0% | Ahmedabad, Gujarat, India | |||
| Deepjyoti Lifeguard Agencies Private Limited | ₹39,262 (FY 2025) | 0.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ducat Finance Private Limited, buy the company report.
Auditor
Ducat Finance Private Limited is audited by Raju C. Joshi & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raju C. Joshi & Associates | FY 2015 |
Shareholding
The shareholding of Ducat Finance Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ducat Finance Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ducat Finance Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ducat Finance Private 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 Ducat Finance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ducat Finance Private Limited has 4 board changes on record since 1991: 3 appointments and 1 cessation. The latest: Maki Rusi Currawalla ceased to be Director on 03 May 2009.
Frequently asked questions
Ducat 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.
Ducat Finance was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 01 April 1991 and is registered under CIN U65944MH1991PTC060986. The company has been struck off by the Registrar of Companies and is no longer operational.
Ducat Finance had 3 directors:
- Rashid Mehernosh Currawalla - Director
- Mehernosh Rusi Currawalla - Director
- Katayun Mehernosh Currawalla - Director
The CIN (Corporate Identification Number) of Ducat Finance is U65944MH1991PTC060986. 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 Ducat Finance is at 1 Simran Ground Floor Vbp Deshpande Marg Off Tejpal Scheme Road No. 4 Vile Parle, East, Mumbai, Maharashtra, India – 400057.
Ducat Finance was incorporated on 01 April 1991. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ducat Finance on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Ducat 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 Ducat Finance by revenue are Sumit Resorts and Farms Private Limited, Trade Box Fintech Solution Private Limited, Kaspar Capital Advisory Services Private Limited, Deepjyoti Lifeguard Agencies Private Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
Maki Rusi Currawalla ceased to be Director on 03 May 2009. Rashid Mehernosh Currawalla was appointed as Director on 01 Nov 2007. Katayun Mehernosh Currawalla was appointed as Director on 01 Apr 1991. Ducat Finance has 4 board changes on record in total.
Ducat Finance can be reached at its registered office: 1 Simran Ground Floor Vbp Deshpande Marg Off Tejpal Scheme Road No. 4 Vile Parle, East, Mumbai, Maharashtra, India – 400057.

