About Dia Vikas Capital Private Limited
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Dia Vikas Capital Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Opportunity International Australia Limited. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 13 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U99999DL1996PTC328403. Its GSTIN is 06AAACB2876J1ZM (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.59 Cr. It was formerly known as Banke Bihari Estates Pvt Ltd. It is led by directors including Mark Robert Daniels and Abraham Chacko.
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. 19 Block – B Pocket – 4 Sector – 23 Dwarka, New Delhi, Delhi, India – 110075.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.47 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹14.63 Cr (net margin 117.3%) and EBITDA of ₹3.18 Cr (EBITDA margin 25.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 2% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Dia Vikas. As per MCA filings, the company has satisfied charges of ₹8.38 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 2 cases are pending. The company has 20 deals on record (9 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹259.32 Cr; the latest was in January 2022. Its 8 peer companies in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 5 smaller; the largest is Turon Capital Private Limited with revenue of ₹12.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dia-vikas.org.
Company details
CIN history
Dia Vikas Capital has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U99999DL1996PTC328403, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999DL1996PTC328403 | Current |
| U99999HR1996PTC040814 | Previous |
| U99999DL1996PTC076287 | Previous |
Contact details
Dia Vikas Capital Private Limited's registered office is in New Delhi, Delhi. Its website is dia-vikas.org. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 19 Block – B Pocket – 4 Sector – 23 Dwarka, New Delhi, Delhi, India – 110075
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Dia Vikas Capital 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
Brands
Dia Vikas Capital operates one associated brand: Dia Vikas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Microcredit is provided to low-income individuals and businesses. | dia-vikas.org |
Business activity
The main business activity of Dia Vikas Capital is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Dia Vikas Capital Private Limited, buy the company report.
Financials of Dia Vikas Capital Private Limited
FY 2024 filings availableDia Vikas Capital Private Limited reported revenue of ₹12.47 Cr (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 97% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.18 Cr | ||||
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| Net Profit (PAT) | ₹14.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 25.5% | ||||
| Net Profit Margin | 117.3% | ||||
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To see the full financial statements and ratios of Dia Vikas Capital Private Limited, buy the company report.
Board of directors and KMP of Dia Vikas Capital Private Limited
Dia Vikas Capital Private Limited currently reports 7 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Robert Daniels | Director | 03 Feb 2020 | 6 Years 9 Months | Current |
| Abraham Chacko Also directs: Muthoot Finance Limited, Liberty General Insurance Limited, India Ratings and Research Private Limited and 4 more | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Michelle De Sa | Director | 03 Feb 2020 | 6 Years 9 Months | Current |
| James Stuart Brown | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
| Dhruv Sharma | Company Secretary | 21 Feb 2020 | 6 Years 8 Months | Current |
| Harold Stuart Turner Also directs: Mi India Capital & Investment Private Limited | Director | 07 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Dia Vikas Capital Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Turon Capital Private Limited | ₹12.64 Cr (FY 2024) | -26.0% | Delhi, India | |||
| Alpha Micro Finance Consultants Private Limited | ₹12.63 Cr (FY 2024) | 9875.0% | Chennai, Tamil Nadu, India | |||
| Intellecash Microfinance Network Company Private Limited | ₹12.55 Cr (FY 2017) | 879.0% | Mumbai, Maharashtra, India | |||
| Dia Vikas Capital Private Limitedthis company | ₹12.47 Cr (FY 2024) | ₹14.63 Cr | 117.3% | -89.0% | New Delhi, Delhi, India | |
| Vijaysubham Benefit Fund Nidhi Limited | ₹12.26 Cr (FY 2025) | 24.0% | Quid-E-Milleth, Tamil Nadu, India | |||
| MGM Pushpam Chits Private Limited | ₹12.13 Cr (FY 2025) | 28.0% | Madurai, Tamil Nadu, India | |||
| Gaurav Chit Fund Private Limited | ₹11.9 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Dhanalakshmi Srinivasan Chit Funds (Telangana) Private Limited | ₹11.85 Cr (FY 2024) | 21.0% | Hyderabad, Telangana, India | |||
| Bhavithasri Chit Funds Private Limited | ₹11.6 Cr (FY 2022) | -40.0% | Warangal, Telangana, India |
To see the full peer comparison of Dia Vikas Capital Private Limited, buy the company report.
Auditor
Dia Vikas Capital Private Limited is audited by NANGIA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANGIA & CO LLP | FY 2023 | 002391C |
Shareholding
The shareholding of Dia Vikas Capital Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dia Vikas Capital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2016 | 100042167 | Others | ₹1.15 Cr | Satisfied | |
| 10 Jul 2015 | 10585030 | Yes Bank Limited | ₹75 Lakh | Satisfied | |
| 30 Mar 2015 | 10614501 | Yes Bank Limited | ₹75 Lakh | Satisfied | |
| 20 Mar 2015 | 10578125 | Yes Bank Limited | ₹75 Lakh | Satisfied | |
| 02 Feb 2015 | 10581691 | Yes Bank Limited | ₹1.13 Cr | Satisfied |
To see the full charge records of Dia Vikas Capital Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Dia Vikas Capital Private Limited has 20 deals on record (9 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹259.32 Cr; the latest was in January 2022.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Rights issue | ₹7.92 Cr | Investors: Opportunity International Australia Limited |
| Sep 2019 | Rights issue | ₹15.29 Cr | Investors: Opportunity International Australia Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Opportunity International Australia Limited Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Seller: Progressive Media Vision Private Limited |
| Nov 2007 | Secondary share transfer | Undisclosed | Buyer: Progressive Media Vision Private Limited Seller: BD Gupta (HUF), 3 individuals |
To see the full deal history of Dia Vikas Capital 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
Dia Vikas Capital Private Limited has 14 court cases on record: 6 filed by Dia Vikas Capital, 8 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Adhikar Microfinance Pvt Ltd and 4 others | Pending |
| District court, Gurugram, Haryana | Court case (APP) | Filed by the company against Ajiwika Society | Disposed |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against Ms Ajiwika Society | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by Idbi Capital Markets and Securites Ltd. | Pending |
| High Court, JHARKHAND | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Dia Vikas Capital 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 Dia Vikas Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dia Vikas Capital has 1 subsidiary company and 14 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mi India Capital & Investment Private Limited | U65921PB1979PTC004056 |
To see the full group structure of Dia Vikas Capital Private Limited, buy the company report.
GST
Dia Vikas Capital has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACB2876J1ZM | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dia Vikas Capital Private Limited, buy the company report.
Recent activity
Dia Vikas Capital Private Limited has 54 board changes on record since 1996: 31 appointments and 23 cessations. The latest: Arpita Pal Agrawal ceased to be Managing Director on 06 May 2025.
60 earlier events are in the company report.
News
Frequently asked questions
Dia Vikas Capital is an active private limited company based in New Delhi, Delhi, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 13 February 1996 (30+ years old) and is registered under CIN U99999DL1996PTC328403.
Dia Vikas Capital has 8 current directors and KMP:
- Mark Robert Daniels - Director
- Abraham Chacko - Director
- Michelle De Sa - Director
- James Stuart Brown - Director
- Harold Stuart Turner - Director
- Scott Cameron Walters - Director
- Jai Sharma - Director
- Dhruv Sharma - Company Secretary
The latest financial statements of Dia Vikas Capital 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 Dia Vikas Capital is 06AAACB2876J1ZM, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Dia Vikas Capital is U99999DL1996PTC328403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dia Vikas Capital has 14 court cases on record: 6 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Dia Vikas Capital was incorporated on 13 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Dia Vikas Capital has 20 deals on record (9 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹259.32 Cr; the latest was in January 2022.
The peers of Dia Vikas Capital by revenue are Turon Capital Private Limited, Alpha Micro Finance Consultants Private Limited, Intellecash Microfinance Network Company Private Limited, Vijaysubham Benefit Fund Nidhi Limited, MGM Pushpam Chits Private Limited and 3 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Arpita Pal Agrawal ceased to be Managing Director on 06 May 2025. Jai Sharma was appointed as Director on 21 Apr 2025. Marcus Adrianus Martinus Breij ceased to be Director on 10 Jul 2024. Dia Vikas Capital has 54 board changes on record in total.
Dia Vikas Capital can be reached through the website dia-vikas.org. Its registered office is in New Delhi, Delhi, India.
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