India Debt Management Private Limited
About India Debt Management Private Limited
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India Debt Management Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mauritius Debt Management Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 16 August 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2005PTC155362. Its GSTIN is 27AABCI4256N1Z8 (Maharashtra).
The company had an authorised share capital of ₹23.7 Cr and a paid-up capital of ₹33.02 Lakh. It was formerly known as India Debt Management Limited. It was led by directors including Dhruvi Dinesh Kanabar and Deesha Dinesh Kanabar.
Its last annual general meeting (AGM) was held on 23 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat No 1 – B Ground Floor Vijaya Apartment Bajaj Road Vile Parle West Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.52 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹11.27 Cr (net margin 447.3%) and EBITDA of ₹1.52 Cr (EBITDA margin 60.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.
Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 1 case is pending.
Company details
CIN history
India Debt Management has one previous CIN (Corporate Identification Number): U65993MH2005PTC155362. The current CIN is U67100MH2005PTC155362, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2005PTC155362 | Current |
| U65993MH2005PTC155362 | Previous |
Contact details
India Debt Management Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 1 – B Ground Floor Vijaya Apartment Bajaj Road Vile Parle West Mumbai, Maharashtra, India – 400056
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of India Debt Management 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 India Debt Management is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of India Debt Management Private Limited, buy the company report.
Financials of India Debt Management Private Limited
FY 2022 filings availableIndia Debt Management Private Limited reported revenue of ₹2.52 Cr (up 7% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 134% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.27 Cr | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.5% | ||||
| Net Profit Margin | 447.3% | ||||
| 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 India Debt Management Private Limited, buy the company report.
Board of directors of India Debt Management Private Limited
India Debt Management has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruvi Dinesh Kanabar Also directs: House King Developers Private Limited, Shreenathji Logitrans Private Limited, Morya Erectors Private Limited and 3 more | Director | 13 Jul 2022 | 4 Years 3 Months | As last reported |
| Deesha Dinesh Kanabar | Director | 13 Jul 2022 | 4 Years 3 Months | As last reported |
| Sunil Govindlal Bhandari | Director | 24 Jun 2016 | 10 Years 4 Months | As last reported |
| Vishal Vijaykumar Rathi Also directs: B D G & Co LLP | Director | 24 Jun 2016 | 10 Years 4 Months | As last reported |
Auditor
India Debt Management Private Limited is audited by D.Y.SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.Y.SHAH & ASSOCIATES | FY 2022 | 101502 |
Shareholding
The shareholding of India Debt Management Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of India Debt Management Private Limited, buy the company report.
Legal cases
India Debt Management Private Limited has 15 court cases on record: 8 filed by India Debt Management, 7 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 1 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Court case (Com.O.S.,) | Filed by the company against S. Kumars Nationwide Ltd. and 15 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against S Kumars Nationwide Limited and 15 others | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by S. Kumars Nationwide Ltd. | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by S. Kumars Nationwide Ltd. | Disposed |
| Bombay High Court | Company petition | Filed by the company against S.Kumars Nationwide Ltd | Disposed |
To see the full case history of India Debt Management 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 India Debt Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
India Debt Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI4256N1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Debt Management Private Limited, buy the company report.
Recent activity
India Debt Management Private Limited has 23 board changes on record since 2008: 4 appointments and 19 cessations. The latest: Deesha Dinesh Kanabar ceased to be Additional Director on 23 Sep 2022.
14 earlier events are in the company report.
Frequently asked questions
India Debt Management 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.
India Debt Management was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 16 August 2005 and is registered under CIN U67100MH2005PTC155362. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
India Debt Management was incorporated on 16 August 2005. It is registered with the Registrar of Companies, Mumbai.
India Debt Management had 4 directors:
- Dhruvi Dinesh Kanabar - Director
- Deesha Dinesh Kanabar - Director
- Sunil Govindlal Bhandari - Director
- Vishal Vijaykumar Rathi - Director
The CIN (Corporate Identification Number) of India Debt Management is U67100MH2005PTC155362. 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 India Debt Management is at Flat No 1 – B Ground Floor Vijaya Apartment Bajaj Road Vile Parle West Mumbai, Maharashtra, India – 400056.
The latest financial statements of India Debt Management on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 23 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of India Debt Management is 27AABCI4256N1Z8, registered in Maharashtra.
India Debt Management operated in the financial services industry, in the financial brokerage segment.
India Debt Management has 15 court cases on record: 8 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.