Startup India Government of India
Dvipa Defence India Private Limited - aerospace, maritime and defense in Siddipet, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹45.57 Lakh
▲ 103% YoY
Net loss · FY 2025
₹1.16 Cr
Net margin -254.2%
EBITDA · FY 2025
-₹1.43 Cr
EBITDA margin -314.8%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹2.08 Cr
Issued & subscribed
Open charges
₹34.96 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings
About Dvipa Defence India Private Limited
Data last updated:
Dvipa Defence India Private Limited is a private limited company based in Siddipet, Telangana, India, recognised as a startup by DPIIT. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 09 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74110TG2018PTC127505. Its GSTIN is 36AAGCD9031M1ZC (Telangana).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.08 Cr. It was formerly known as Dvipa Armour India Private Limited. It is led by directors including Ram Chaitanya Reddy Gunapati (Managing Director) and Sibu Joseph.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 340 Tsiic Industrial Park, Siddipet, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.57 Lakh, a growth of 103% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -254.2%) and EBITDA of -₹1.43 Cr (EBITDA margin -314.8%). Revenue has grown at a compounded annual rate (CAGR) of 322% over three years.
The company is associated with 1 brand: Dvipa. As per MCA filings, the company has open charges of ₹34.96 Cr on record. The company has 7 deals on record (4 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹24.1 Lakh; the latest was in November 2022. The company has 4 MSME Form 1 returns on record between 2019 and 2024, listing 4 overdue payments to 2 micro and small suppliers.
Dvipa Defence India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0022191). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dvipa.in.
Company details
CIN U74110TG2018PTC127505
Registration Number 127505
Incorporation Date 09 October 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0022191
CIN history
Dvipa Defence India has one previous CIN (Corporate Identification Number): U29100TG2018PTC127505. The current CIN is U74110TG2018PTC127505, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110TG2018PTC127505 | Current |
| U29100TG2018PTC127505 | Previous |
Key People
Ram Chaitanya Reddy Gunapati Managing Director Sibu Joseph Director Hitesh Kumar Manchanda Director Recognitions & Rankings of Dvipa Defence India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0022191
Contact details
Dvipa Defence India Private Limited's registered office is in Siddipet, Telangana. Its website is dvipa.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 340 Plot No. 340 Tsiic Industrial Park, Tunikibollarum Village Mulugu Mandal, Siddipet, Telangana, India – 502279
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Dvipa Defence India Private Limited, buy the company report.
Comprehensive company report
Dvipa Defence India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Dvipa Defence India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
Financials of Dvipa Defence India Private Limited
FY 2025 filings availableDvipa Defence India Private Limited reported revenue of ₹45.57 Lakh (up 103% YoY) for FY 2025.
Revenue · FY 2025
₹45.57 Lakh ▲ 103%
Net loss · FY 2025
₹1.16 Cr margin -254.2%
EBITDA · FY 2025
-₹1.43 Cr margin -314.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 103%
3 years · compounded
▲ 322%
Revenue has grown at a compounded annual rate (CAGR) of 322% over three years, including 103% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.16 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -314.8% | ||||
| Net Profit Margin | -254.2% | ||||
| 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 Dvipa Defence India Private Limited, buy the company report.
Board of directors of Dvipa Defence India Private Limited
Dvipa Defence India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sibu Joseph | Director | 09 Oct 2018 | 8 Years 1 Months | Current |
| Hitesh Kumar Manchanda | Director | 09 Oct 2018 | 8 Years 1 Months | Current |
| Ram Chaitanya Reddy Gunapati Also directs: Amruthalingeshwara Terra Firma Private Limited | Managing Director | 09 Oct 2018 | 8 Years 1 Months | Current |
| Subramanyam Pratapgiri Also directs: Indian Compressors Limited | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
Auditor
Dvipa Defence India Private Limited is audited by Bitla & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bitla & Co. | FY 2024 | 015370S |
Shareholding
The shareholding of Dvipa Defence India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dvipa Defence India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2026 | 101231865 | State Bank of India | ₹4.95 Cr | Open | |
| 16 Apr 2025 | 101085481 | Others | ₹21.01 Cr | Open | |
| 19 Dec 2024 | 101018743 | Sidbi | ₹9 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Dvipa Defence India Private Limited has 7 deals on record (4 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹24.1 Lakh; the latest was in November 2022.
Total deals
7
Rights issues
4
Secondary share transfers
2
Funding round
1
Disclosed funding
₹24.1 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Rights issue | ₹9 Cr | Investors: 3 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2020 | Rights issue | ₹9.66 Cr | Investors: 3 individuals |
| Jun 2020 | Rights issue | ₹4.59 Cr | Investors: 3 individuals |
| May 2019 | Rights issue | ₹75 Lakh | Investors: 3 individuals |
To see the full deal history of Dvipa Defence India 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
No court or tribunal cases involving Dvipa Defence India 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
Dvipa Defence India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2024, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VVRR Electricals | |||
| Oremus Corporate Services Private Limited |
To see the full MSME payment records of Dvipa Defence India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Dvipa Defence India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCD9031M1ZC | Telangana | Active | 14 Dec 2018 |
To see the full GST registrations and return filing status of Dvipa Defence India Private Limited, buy the company report.
Recent activity
Dvipa Defence India Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Ram Chaitanya Reddy Gunapati ceased to be Director on 03 Jun 2024.
Charges
A charge with State Bank Of India amounted to Rs. 4.95 Cr with Charge ID 101231865 was registered on 28 Jan 2026.
AGM
Dvipa Defence India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 21.01 Cr with Charge ID 101085481 was registered on 16 Apr 2025.
Filing
Dvipa Defence India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Sidbi amounted to Rs. 9.00 Cr with Charge ID 101018743 was registered on 19 Dec 2024.
Ceased
Ram Chaitanya Reddy Gunapati ceased to be Director.
Appointed
Subramanyam Pratapgiri was appointed as Director.
Ceased
Subramanyam Pratapgiri ceased to be Director.
Appointed
Hitesh Kumar Manchanda was appointed as Director.
Appointed
Ram Chaitanya Reddy Gunapati was appointed as Managing Director.
Appointed
Sibu Joseph was appointed as Director.
Incorporation
09 Oct 2018
Dvipa Defence India Private Limited was registered on 09 Oct 2018 with Roc Hyderabad & aged 8 years 1 month as per MCA records.
Frequently asked questions
Dvipa Defence India is an active private limited company based in Siddipet, Telangana, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 09 October 2018 (8+ years old) and is registered under CIN U74110TG2018PTC127505.
Dvipa Defence India has 4 current directors:
- Ram Chaitanya Reddy Gunapati - Managing Director
- Sibu Joseph - Director
- Hitesh Kumar Manchanda - Director
- Subramanyam Pratapgiri - Director
The latest financial statements of Dvipa Defence India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Dvipa Defence India is 36AAGCD9031M1ZC, registered in Telangana.
The CIN (Corporate Identification Number) of Dvipa Defence India is U74110TG2018PTC127505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dvipa Defence India was incorporated on 09 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Dvipa Defence India has 7 deals on record (4 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹24.1 Lakh; the latest was in November 2022.
Ram Chaitanya Reddy Gunapati ceased to be Director on 03 Jun 2024. Subramanyam Pratapgiri was appointed as Director on 01 Apr 2023. Subramanyam Pratapgiri ceased to be Director on 23 Dec 2021. Dvipa Defence India has 6 board changes on record in total.
Yes, Dvipa Defence India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dvipa Defence India is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0022191).
Dvipa Defence India has 4 MSME Form 1 returns on record between 2019 and 2024, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 11 Apr 2024.
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