Dev Information Technology Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 11.24 Cr
- Company Age 27 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.87 Cr
- Satisfied Charges ₹ 1.42 Cr
- Revenue Growth 18.24%
- Profit Growth 94.51%
- Ebitda 16.56%
- Net Worth 2.02%
- Total Assets 6.35%
About Dev Information Technology
Dev Information Technology Limited (DITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 December 1997 and has a history of 27 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543462 and on the National Stock Exchange(NSE) under DEVIT.
The Corporate was formerly known as Dev Infromation Technology Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 11.24 Cr.
The company currently has active open charges totaling ₹42.87 Cr. The company has closed loans amounting to ₹1.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Dev Information Technology Limited India are Harshil Shah as CFO and Krisa Patel as Company Secretary. Pranav Pandya, Umesh Rateja, Venkata Velamuri, and Four 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
Industry
What products or services does Dev Information Technology Limited offer?
Dev Information Technology Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Hosting Services, Mobile Application Development, Help Desk Services, IT Helpdesk Service, Shared Website Hosting Services, Software Development & IT Consultant, Software Consulting Service, Networking Solutions.
Who are the key members and board of directors at Dev Information Technology?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaiminbhai Shah  | Managing Director | 23-Dec-1997 | Current |
| Harshil Shah | CFO | 21-Feb-2017 | Current |
| Krisa Patel | Company Secretary | 01-Mar-2017 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Vasu | Whole-Time Director | 01-Jul-2014 | Current |
| Umesh Rateja | Director | 16-Jun-2022 | Current |
Prerak Shah  | Whole-Time Director | 01-Jul-2014 | Current |
| Pranav Pandya | Whole-Time Director | 23-Dec-1997 | Current |
| Rama Moondra | Director | 16-Mar-2017 | Current |
| Venkata Velamuri | Director | 16-Mar-2017 | Current |
Financial Performance of Dev Information Technology.
Dev Information Technology Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.24% increase. The company also saw a substantial improvement in profitability, with a 94.51% increase in profit. The company's net worth moved up by a moderate rise of 2.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Dev Information Technology?
In 2022, Dev Information Technology had a promoter holding of 69.07% and a public holding of 30.93%. The company had 1 Associate company. 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 AssociationPranav Pandya and Umesh Rateja are mutual person
Gujarat Apollo Industries LimitedJaiminbhai Shah is a mutual person
Zodiac Energy LimitedJaiminbhai Shah is a mutual person
Mas Financial Services LimitedVishal Vasu is a mutual person
Charges (Loans)
₹42.87 Cr
₹1.42 Cr
Charges Breakdown by Lending Institutions
- Others : 26.27 Cr
- The Kalupur Commercial Co-Operative Bank Limited : 15.95 Cr
- Hdfc Bank Limited : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2024 | Others | ₹1.50 Cr | Open |
| 01 Mar 2024 | Hdfc Bank Limited | ₹6.50 M | Open |
| 01 Dec 2023 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.43 M | Open |
| 10 Aug 2022 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.00 Cr | Open |
| 10 Aug 2022 | The Kalupur Commercial Co-Operative Bank Limited | ₹3.00 Cr | Open |
How Many Employees Work at Dev Information Technology?
Dev Information Technology has a workforce of 353 employees as of Apr 09, 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 Information Technology, 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 Information Technology'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.
