Dvaro Merchantile Private Limited
About Dvaro Merchantile Private Limited
Data last updated:
Dvaro Merchantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 01 June 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2018PTC310207. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹66.75 Cr and a paid-up capital of ₹32.58 Cr. It was led by directors Rohit Rajgopal Dhoot and Vaidehi Rohit Dhoot.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.14 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹2.57 Cr (net margin -120.1%) and EBITDA of -₹3.28 Cr (EBITDA margin -153.3%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹64.66 Cr; the latest was in October 2018. Its 5 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 1 smaller; the largest is Mcma Agency Private Limited with revenue of ₹2.15 Cr.
Company details
Contact details
Dvaro Merchantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1209 Raheja Centre 214 Nariman Point, 400 021 India, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Dvaro Merchantile 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
Business activity
The main business activity of Dvaro Merchantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dvaro Merchantile Private Limited, buy the company report.
Financials of Dvaro Merchantile Private Limited
FY 2023 filings availableDvaro Merchantile Private Limited reported revenue of ₹2.14 Cr (down 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA fell 366% 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 | ₹2.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.57 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | -153.3% | ||||
| Net Profit Margin | -120.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Dvaro Merchantile Private Limited, buy the company report.
Board of directors of Dvaro Merchantile Private Limited
Dvaro Merchantile has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Rajgopal Dhoot Also directs: Dhoot Meters LLP, Prompt Chemicals and Traders LLP, Dhoot Multi-Trading LLP and 5 more | Director | 01 Jun 2018 | 8 Years 4 Months | As last reported |
| Vaidehi Rohit Dhoot Also directs: Prompt Chemicals and Traders LLP, Dhoot Multi-Trading LLP, Dhoot Industrial Finance Limited and 1 more | Director | 01 Jun 2018 | 8 Years 4 Months | As last reported |
Peer comparison
Dvaro Merchantile Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mcma Agency Private Limited | ₹2.15 Cr (FY 2018) | 73.0% | Delhi, India | |||
| Kalmil Overseas Private Limited | ₹2.15 Cr (FY 2025) | 122.0% | Mumbai, Maharashtra, India | |||
| Nitesh Steel Processors Private Limited | ₹2.14 Cr (FY 2025) | 223.0% | Kolkata, West Bengal, India | |||
| Multiverse Tonnage Private Limited | ₹2.14 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Dvaro Merchantile Private Limitedthis company | ₹2.14 Cr (FY 2023) | -₹2.57 Cr | -120.1% | -58.0% | Mumbai, Maharashtra, India | |
| SRK Multitrade Corporation Private Limited | ₹2.11 Cr (FY 2025) | -65.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Dvaro Merchantile Private Limited, buy the company report.
Auditor
Dvaro Merchantile Private Limited is audited by S. JAIN BOHRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. JAIN BOHRA & CO. | FY 2023 | 114855W |
Shareholding
The shareholding of Dvaro Merchantile 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 Dvaro Merchantile Private Limited, buy the company report.
Deals & funding
Dvaro Merchantile Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹64.66 Cr; the latest was in October 2018.
Deals on record (1 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Dhoot Rohit Kumar Family Trust II Seller: an individual |
To see the full deal history of Dvaro Merchantile 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
Dvaro Merchantile Private Limited has 2 court cases on record: 2 filed by Dvaro Merchantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Dvaro Merchantile 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 Dvaro Merchantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dvaro Merchantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dvaro Merchantile Private Limited, buy the company report.
Recent activity
Dvaro Merchantile Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Rohit Rajgopal Dhoot was appointed as Director on 01 Jun 2018.
Frequently asked questions
Dvaro Merchantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Dvaro Merchantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 01 June 2018 and is registered under CIN U74900MH2018PTC310207. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Dvaro Merchantile was incorporated on 01 June 2018. It is registered with the Registrar of Companies, Mumbai.
Dvaro Merchantile had 2 directors:
- Rohit Rajgopal Dhoot - Director
- Vaidehi Rohit Dhoot - Director
The CIN (Corporate Identification Number) of Dvaro Merchantile is U74900MH2018PTC310207. 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 Dvaro Merchantile is at 1209 Raheja Centre 214 Nariman Point, 400 021 India, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Dvaro Merchantile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Dvaro Merchantile has 1 GST registration on record and it is cancelled or inactive.
Dvaro Merchantile operated in the metals and minerals industry, in the metal retail and distribution segment.
Dvaro Merchantile has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹64.66 Cr; the latest was in October 2018.
The peers of Dvaro Merchantile by revenue are Mcma Agency Private Limited, Kalmil Overseas Private Limited, Nitesh Steel Processors Private Limited, Multiverse Tonnage Private Limited, SRK Multitrade Corporation Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).