Dev Salt Private Limited

Manufactures and trades various types of salt, with a large production capacity and established since 1998.

1998 | Jamnagar, Gujarat (India) | Active
Last Updated:

Dev Salt Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.89 Cr
  • Satisfied Charges ₹ 74.00 Cr
  • Revenue Growth 117.89%
  • Profit Growth 151.55%
  • Ebitda 138.33%
  • Net Worth 119.71%
  • Total Assets 55.48%

About Dev Salt

Dev Salt Private Limited (DSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 1998 and has a history of 26 years and 11 months. Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Chemicals And Materials 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 7.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.89 Cr. The company has closed loans amounting to ₹74.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendrasinh Jhala, Hirendrasinhji Jhala, Karansinh Jhala, and One other member serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    devsalt.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24298GJ1998PTC033827

  • Company No.

    033827

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Dev Salt Private Limited offer?

Dev Salt Private Limited offers a wide range of products and services, including Inspection & Quality Check Services, Quality Inspection Service, Food Grains & Nut Processing Machine, Spice Processing Machines and Plants.

Who are the key members and board of directors at Dev Salt?

Executive Team (2)

NameDesignationAppointment DateStatus
Hirendrasinhji Jhala Country flag representing In Managing Director16-Mar-1998Current
Karansinh Jhala Country flag representing In Managing Director22-Aug-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Devendrasinh Jhala Country flag representing In Director 01-Mar-2000Current
Vivek Somani Country flag representing In Director 26-Apr-2021Current

Financial Performance of Dev Salt.

Dev Salt Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 117.89% increase. The company also saw a substantial improvement in profitability, with a 151.55% increase in profit. The company's net worth Soared by an impressive increase of 119.71%.

Dev Salt revenue growth over time
Dev Salt profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
117.89%
Revenue from Operations
118.64%
Total Assets
55.48%
Profit or Loss
151.55%
Net Worth
119.71%
EBITDA
138.33%

What is the Ownership and Shareholding Structure of Dev Salt?

In 2022, Dev Salt had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.91 M

Satisfied Charges

₹740.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.00 Cr
  • Indusind Bank Limited : 0.60 Cr
  • Citicorp Finance (I) Limited : 0.29 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2019Hdfc Bank Limited₹2.00 CrOpen
13 Jan 2015Indusind Bank Limited₹3.89 MOpen
30 Nov 2013Indusind Bank Limited₹2.15 MOpen
20 Nov 2008Citicorp Finance (I) Limited₹2.87 MOpen
27 Jun 2019Hdfc Bank Limited₹37.00 CrSatisfied

How Many Employees Work at Dev Salt?

Dev Salt has a workforce of 113 employees as of Apr 04, 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.

Employee growth trends for Dev Salt Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dev Salt, 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 Salt's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Salt

Recent activity within the organization

  • Annual General Meeting

    Dev Salt Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Dev Salt Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 27 Jun 2019 via Charge ID 100275994 with Hdfc Bank Limited was fully satisfied on 29 Nov 2022.

  • Charges

    A charge registered on 25 Jun 2019 via Charge ID 100275935 with Hdfc Bank Limited was fully satisfied on 29 Nov 2022.

  • Director Appointment

    Vivek Somani was appointed as a Director was appointed as a Director on 26 Apr 2021 & has been associated with this company since 3 years 10 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 M with Charge ID 100275936 was registered on 18 Jul 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Dev Salt Private Limited?

    Dev Salt Private Limited was incorporated on 16 Mar 1998.

  • What is authorized share capital and paid-up capital of Dev Salt Private Limited?

    The authorized share capital of Dev Salt Private Limited is ₹ 7.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Dev Salt Private Limited?

    Currently 4 directors are associated with Dev Salt Private Limited.

    • Devendrasinh Jhala
    • Hirendrasinhji Devendrasinhji Jhala
    • Karansinh Hirendrasinh Jhala
    • Vivek Somani
  • What is the registered address of Dev Salt Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Dev Salt Private Limited is 88 A Panchvati Societybedi Road India, Jamnagar, Gujarat, 361002.

  • What is the corporate identification number (CIN) and company number of Dev Salt Private Limited?

    The corporate identification number (CIN) of Dev Salt Private Limited is U24298GJ1998PTC033827 and the company number is 033827 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Dev Salt Private Limited?

    The Official website of Dev Salt Private Limited is https://www.devsalt.com

  • What has been the recent revenue trend for Dev Salt Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Dev Salt Private Limited has risen by 117.89%.

  • How many employees does Dev Salt Private Limited currently have?

    As Per 2022 financial reports, 113 employees are currently employed by Dev Salt Private Limited.

  • What change has been observed in the net worth of Dev Salt Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Dev Salt Private Limited has experienced an upsurge of 119.71%.

  • What are the total open charges for Dev Salt Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Dev Salt Private Limited amount to ₹ 2.89 Cr.

  • When was the last Balance Sheet of Dev Salt Private Limited filed with the ROC?

    The most recent Balance Sheet for Dev Salt Private Limited was filed with the ROC on 31 Mar 2023.

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