_PRIVATE_LIMITED.webp)
About Ducon Technologies (I) Private Limited
Data last updated:
Ducon Technologies (I) Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33130MH2005PTC151830. Its GSTIN is 09AACCD1243R1ZD (Uttar Pradesh). The company holds 10 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹6.77 Cr. It was formerly known as Ducon Pollution Control Systems Private Limited. It is led by directors Arun Devendra Govil and Vandana Anandilal Govil.
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 Plot No. A/4 Road No. 1 Behind Aplab Company MIDC Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.93 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹15.15 Lakh (net margin -169.7%) and EBITDA of -₹4.09 Lakh (EBITDA margin -45.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹333.56 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 25 cases involving the company, including 3 filed by the company and 22 filed against it; 7 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹12.52 Cr; the latest was in September 2015. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 13 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ducon.com.
Company details
Contact details
Ducon Technologies (I) Private Limited's registered office is in Thane, Maharashtra. Its website is ducon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. A/4 Road No. 1 Behind Aplab Company MIDC Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ducon Technologies (I) 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 Ducon Technologies (I) Private Limited
FY 2024 filings availableDucon Technologies (I) Private Limited reported revenue of ₹8.93 Lakh (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 4% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.93 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.15 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -45.9% | ||||
| Net Profit Margin | -169.7% | ||||
| 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 Ducon Technologies (I) Private Limited, buy the company report.
Board of directors of Ducon Technologies (I) Private Limited
Ducon Technologies (I) has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Devendra Govil Also directs: Ducon Infratechnologies Limited, Iq Energy AI Systems Private Limited, Cemtrex (India) Private Limited and 1 more | Director | 07 Mar 2005 | 21 Years 7 Months | Current |
| Vandana Anandilal Govil Also directs: Ducon Infratechnologies Limited, Iq Energy AI Systems Private Limited, Cemtrex (India) Private Limited and 2 more | Additional Director | 09 Dec 2024 | 1 Years 10 Months | Current |
Auditor
Ducon Technologies (I) Private Limited is audited by Hitesh Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hitesh Shah & Associates | FY 2023 | 103716W |
Shareholding
The shareholding of Ducon Technologies (I) 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ducon Technologies (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2022 | 100602104 | Others | ₹123.4 Cr | Open | |
| 03 Jul 2008 | 10118281 | Dena Bank | ₹105.04 Cr | Open | |
| 05 Sep 2006 | 10022144 | Dena Bank | ₹7.65 Lakh | Open | |
| 04 Jan 2006 | 80041922 | Dena Bank | ₹105.04 Cr | Open | |
| 13 Dec 2010 | 10258607 | The Thane Janata Sahakari Bank Limited | ₹4.5 Cr | Satisfied |
To see the full charge records of Ducon Technologies (I) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ducon Technologies (I) Private Limited has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹12.52 Cr; the latest was in September 2015.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Rights issue | ₹6.24 Cr | Investors: Ducon Technologies Inc |
| Dec 2013 | Funding round | ₹5.1 Cr | Investors: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Ducon Technologies (I) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ducon Technologies (I) Private Limited has 25 court cases on record: 3 filed by Ducon Technologies (I), 22 filed against it. 7 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 12 | 3 |
| District courts | 11 | 9 | 3 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Marg Conveyors LLP Through Sagar Diwan | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Elecon Engineering Company Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Indiana Conveyors Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Marg Conveyors LLP, A Partnership Firm and 2 others | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Elecon Engineering Company Ltd | Disposed |
To see the full case history of Ducon Technologies (I) 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
Ducon Technologies (I) Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 13 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ducon Technologies (I) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ducon Technologies (I) Private Limited has a workforce of 34 employees on its EPFO records as of Apr 07, 2024, across 3 active EPFO establishments.
GST
Ducon Technologies (I) has 10 GST registrations: 3 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCD1243R1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
| 18AACCD1243R1ZE | Assam | Active | 01 Jul 2017 |
| 20AACCD1243R1ZT | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ducon Technologies (I) Private Limited, buy the company report.
Recent activity
Ducon Technologies (I) Private Limited has 10 board changes on record since 2005: 2 appointments and 8 cessations. The latest: Vandana Anandilal Govil was appointed as Additional Director on 09 Dec 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Ducon Technologies (I) is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 March 2005 (21+ years old) and is registered under CIN U33130MH2005PTC151830.
Ducon Technologies (I) has 2 current directors:
- Arun Devendra Govil - Director
- Vandana Anandilal Govil - Additional Director
The latest financial statements of Ducon Technologies (I) 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 Ducon Technologies (I) is 09AACCD1243R1ZD, registered in Uttar Pradesh. The company has 10 GST registrations in all, of which 3 are active and 7 are cancelled or inactive. Other active GSTINs include 18AACCD1243R1ZE (Assam), 20AACCD1243R1ZT (Jharkhand).
The CIN (Corporate Identification Number) of Ducon Technologies (I) is U33130MH2005PTC151830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ducon Technologies (I) has 25 court cases on record: 3 filed by the company and 22 filed against it. 7 are pending. Most are in the high courts.
Ducon Technologies (I) was incorporated on 07 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Ducon Technologies (I) has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹12.52 Cr; the latest was in September 2015.
Vandana Anandilal Govil was appointed as Additional Director on 09 Dec 2024. Saagar Govil ceased to be Director on 16 Mar 2020. Pratik Banji Dabhi ceased to be Additional Director on 29 Sep 2018. Ducon Technologies (I) has 10 board changes on record in total.
Ducon Technologies (I) has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 13 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Ducon Technologies (I) can be reached through the website ducon.com. Its registered office is in Thane, Maharashtra, India.