Dev Information Technology Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 11.24 Cr
- Company Age 27 Year, 3 Months
- 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 three months. 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
Information Technology
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)
Open Charges
₹42.87 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Dev Information Technology
Recent activity within the organization
- Annual General Meeting
Dev Information Technology Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100969640 was registered on 08 Aug 2024.
- Charges
A charge with Others of Rs. 24.77 Cr registered on 15 Jun 2010 with Charge ID 10230870 was modified on 08 Aug 2024.
- Charges
A charge registered on 19 Jul 2019 via Charge ID 100279764 with Axis Bank Limited was fully satisfied on 11 Jul 2024.
- Balance Sheet
Dev Information Technology Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.65 Cr with Charge ID 100882000 was registered on 01 Mar 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Dev Information Technology Limited?
Dev Information Technology Limited was incorporated on 23 Dec 1997.
What is authorized share capital and paid-up capital of Dev Information Technology Limited?
The authorized share capital of Dev Information Technology Limited is ₹ 20.00 Cr and paid-up capital is ₹ 11.24 Cr.
Who are the current board members & directors of Dev Information Technology Limited?
Currently 9 directors are associated with Dev Information Technology Limited.
- Pranav Niranjan Pandya
- Umesh Rateja
- Harshil Hemant Shah
- Krisa Rupalkumar Patel
- Venkata Rama Subba Rao Velamuri
- Prerak Pradyumna Shah
- Vishal Vasu
- Rama Moondra
- Jaiminbhai Jagdishbhai Shah
What is the registered address of Dev Information Technology Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Dev Information Technology Limited is 14 Aaryans Corporate Park Nr. Shilaj Railway Crossing, Thaltej India, Ahmedabad, Gujarat, 380059.
What is the corporate identification number (CIN) and company number of Dev Information Technology Limited?
The corporate identification number (CIN) of Dev Information Technology Limited is L30000GJ1997PLC033479 and the company number is 033479 as per Ministry of Corporate Affairs (MCA).
Is Dev Information Technology Limited registered with any stock exchange in India?
Yes, Dev Information Technology Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): DEVIT.
What is the official website of Dev Information Technology Limited?
The Official website of Dev Information Technology Limited is https://www.devitpl.com
What has been the recent revenue trend for Dev Information Technology Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Dev Information Technology Limited has risen by 18.24%.
How many employees does Dev Information Technology Limited currently have?
As Per 2022 financial reports, 353 employees are currently employed by Dev Information Technology Limited.
What change has been observed in the net worth of Dev Information Technology Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Dev Information Technology Limited has experienced an upsurge of 2.02%.
What are the total open charges for Dev Information Technology Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Dev Information Technology Limited amount to ₹ 42.87 Cr.
When was the last Balance Sheet of Dev Information Technology Limited filed with the ROC?
The most recent Balance Sheet for Dev Information Technology Limited was filed with the ROC on 31 Mar 2024.
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