Dev Accelerator Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.59 Cr
- Company Age 4 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 100.60 Cr
- Satisfied Charges ₹ 10.50 Cr
- Revenue Growth 155.87%
- Profit Growth -71.55%
- Ebitda 113.37%
- Net Worth 165.22%
- Total Assets 189.26%
About Dev Accelerator
Dev Accelerator Private Limited (DAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 August 2020 (Four years and five months 26 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Service Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.59 Cr.
The company currently has active open charges totaling ₹100.60 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jaiminbhai Shah, Yash Shah, Umesh Uttamchandani, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999GJ2020PTC115984
- Company No.
115984
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 2020
- Date of AGM
09 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Dev Accelerator Private Limited offer?
Dev Accelerator Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Commercial Property Rental.
Who are the key members and board of directors at Dev Accelerator?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parth Shah  | Director | 29-Aug-2020 | Current |
| Jaiminbhai Shah | Director | 29-Aug-2020 | Current |
| Yash Shah | Director | 30-May-2024 | Current |
| Umesh Uttamchandani | Director | 29-Aug-2020 | Current |
| Rushit Shah | Director | 29-Aug-2020 | Current |
Financial Performance of Dev Accelerator.
Dev Accelerator Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 155.87% increase. The company also saw a substantial fall in profitability, with a 71.55% decrease in profit. The company's net worth Soared by an impressive increase of 165.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Dev Accelerator?
In 2023, Dev Accelerator had a promoter holding of 65.74% and a public holding of 34.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tie Ahmedabad AssociationJaiminbhai Shah is a mutual person
The Indo-Canadian Business ChamberJaiminbhai Shah is a mutual person
Gesia It AssociationUmesh Uttamchandani is a mutual person
Flo Mobility Private LimitedUmesh Uttamchandani is a mutual person
Dev Information Technology LimitedJaiminbhai Shah is a mutual person
Saasjoy Solutions Private LimitedYash Shah and Umesh Uttamchandani are mutual person
Charges (Loans)
₹100.60 Cr
₹10.50 Cr
Charges Breakdown by Lending Institutions
- Others : 94.60 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 May 2024 | Others | ₹2.40 Cr | Open |
| 24 Apr 2024 | Others | ₹30.00 Cr | Open |
| 12 Mar 2024 | Others | ₹10.00 Cr | Open |
| 13 Feb 2024 | Others | ₹25.00 Cr | Open |
| 01 Feb 2024 | Others | ₹7.50 Cr | Open |
How Many Employees Work at Dev Accelerator?
Dev Accelerator has a workforce of 39 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Dev Accelerator, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Dev Accelerator's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
