Devarshi Industries Private Limited

Manufactures electric lighting equipment since 1997, based in Vapi, Gujarat.

1997 | Vapi, Gujarat (India) | Active
Last Updated: July 30, 2024

Devarshi Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 23.40%
  • Profit Growth 20.26%
  • Ebitda 35.72%
  • Net Worth 25.70%
  • Total Assets 26.51%

About Devarshi Industries

Devarshi Industries Private Limited (DIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 July 1997 and has a history of 27 years and seven months. Its registered office is in Vapi, Gujarat, India.

The Corporate was formerly known as Devarshi Petrochem Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.10 M and a paid-up capital of Rs 1.10 M.

The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ravikumar Jhunjhunwala, Komal Jhunjhunwala, Anil Jhunjhunwala, and One other member serve as directors at the Company.

Company Details

  • Location

    Vapi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209GJ1997PTC032662

  • Company No.

    032662

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Devarshi Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Ravikumar Jhunjhunwala Country flag representing In Director 27-Jun-2011Current
Komal Jhunjhunwala Country flag representing In Director 27-Jun-2011Current
Anil Jhunjhunwala Country flag representing In Director 21-Sep-2019Current
Reema Jhunjhunwala Country flag representing In Director 21-Sep-2019Current

Financial Performance of Devarshi Industries.

Devarshi Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.4% increase. The company also saw a substantial improvement in profitability, with a 20.26% increase in profit. The company's net worth Soared by an impressive increase of 25.7%.

Graph illustrating revenue growth over time
Graph showing 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
23.40%
Revenue from Operations
23.40%
Total Assets
26.51%
Profit or Loss
20.26%
Net Worth
25.70%
EBITDA
35.72%

What is the Ownership and Shareholding Structure of Devarshi Industries?

In 2023, Devarshi Industries 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

₹0

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Punjab Notional Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2009Punjab Notional Bank₹5.00 MSatisfied

How Many Employees Work at Devarshi Industries?

Devarshi Industries has a workforce of 7 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devarshi Industries, 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 Devarshi Industries'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 Devarshi Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Anil Devendra Jhunjhunwala was appointed as a Director was appointed as a Director on 21 Sep 2019 & has been associated with this company since 5 years 5 months .

    21 Sep 2019

  • Director Appointment

    Reema Anil Jhunjhunwala was appointed as a Director was appointed as a Director on 21 Sep 2019 & has been associated with this company since 5 years 5 months .

    21 Sep 2019

  • Charges

    A charge registered on 12 Mar 2009 via Charge ID 10148884 with Punjab Notional Bank was fully satisfied on 30 Sep 2014.

    30 Sep 2014

  • Charges

    A charge with Punjab Notional Bank of Rs. 5.00 M registered on 12 Mar 2009 with Charge ID 10148884 was modified on 16 Feb 2012.

    16 Feb 2012

Frequently asked questions

  • Devarshi Industries Private Limited was incorporated on 14 Jul 1997.

  • The authorized share capital of Devarshi Industries Private Limited is ₹ 1.10 M and paid-up capital is ₹ 1.10 M.

  • Currently 4 directors are associated with Devarshi Industries Private Limited.

    • Ravikumar Devendrakumar Jhunjhunwala
    • Komal Ravi Jhunjhunwala
    • Anil Devendra Jhunjhunwala
    • Reema Anil Jhunjhunwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devarshi Industries Private Limited is Plot No. 68 Damanganga Industrial Estate Dungari Falia Dharampur Road Karwad, Vapi, Gujarat, India, 396195.

  • The corporate identification number (CIN) of Devarshi Industries Private Limited is U23209GJ1997PTC032662 and the company number is 032662 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Devarshi Industries Private Limited has risen by 23.40%.

  • As Per 2023 financial reports, 7 employees are currently employed by Devarshi Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Devarshi Industries Private Limited has experienced an upsurge of 25.70%.

  • The most recent Balance Sheet for Devarshi Industries Private Limited was filed with the ROC on 31 Mar 2023.

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