Devarsons Industries Private Limited

Manufacturer and supplier of dyes, intermediates, and pigments for global export.

1961 | Active
Last Updated:

Devarsons Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.20 Cr
  • Paid Up Capital ₹ 6.38 M
  • Company Age 63 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.50 M
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -6.58%
  • Profit Growth -26.86%
  • Ebitda -12.54%
  • Net Worth 7.11%
  • Total Assets 7.54%

About Devarsons Industries

Devarsons Industries Private Limited (DIPL) was founded in India on 01 June 1961 and has a glorious history of 63 years and nine months. Its registered office is in Na, Gujarat.

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 2024. It's a company limited by shares with an authorized capital of Rs 4.20 Cr and a paid-up capital of Rs 6.38 M.

The company currently has active open charges totaling ₹0.50 M. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gaurang Shah, Samir Shah, and Sandeep Shah serve as directors at the Company.

Company Details

  • Location Na, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999GJ1961PTC001390

  • Company No.

    001390

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1961

  • Date of AGM

    01 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
Company report

Devarsons Industries Private Limited

Explore comprehensive data for Devarsons Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Gaurang Shah Country flag representing In Director 22-Sep-1987Current
Samir Shah Country flag representing In Director 01-Apr-1995Current
Sandeep Shah Country flag representing In Director 01-Oct-1996Current

Financial Performance of Devarsons Industries.

Devarsons Industries Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 6.58% decrease. The company also saw a substantial fall in profitability, with a 26.86% decrease in profit. The company's net worth moved up by a moderate rise of 7.11%.

Devarsons Industries revenue growth over time
Devarsons Industries 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
-6.58%
Revenue from Operations
-8.16%
Total Assets
7.54%
Profit or Loss
-26.86%
Net Worth
7.11%
EBITDA
-12.54%

What is the Ownership and Shareholding Structure of Devarsons Industries?

In 2023, Devarsons 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

₹0.05 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • The Ahmedabad Merecantike Co-Operative Bank Ltd : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 1994The Ahmedabad Merecantike Co-Operative Bank Ltd₹0.50 MOpen
15 Dec 2011Citi Bank₹3.00 CrSatisfied

How Many Employees Work at Devarsons Industries?

Devarsons Industries has a workforce of 135 employees as of Apr 06, 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 Devarsons Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devarsons 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 Devarsons 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 Devarsons Industries

Recent activity within the organization

  • Annual General Meeting

    Devarsons Industries Private Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Devarsons Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 15 Dec 2011 via Charge ID 10355121 with Citi Bank was fully satisfied on 18 Jun 2018.

  • Charges

    A charge with Citi Bank amounted to Rs. 3.00 Cr with Charge ID 10355121 was registered on 15 Dec 2011.

  • Director Appointment

    Sandeep Ravindra Shah was appointed as a Director was appointed as a Director on 01 Oct 1996 & has been associated with this company since 28 years 5 months .

  • Director Appointment

    Samir Sureshchandra Shah was appointed as a Director was appointed as a Director on 01 Apr 1995 & has been associated with this company since 29 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Devarsons Industries Private Limited?

    Devarsons Industries Private Limited was incorporated on 01 Jun 1961.

  • What is authorized share capital and paid-up capital of Devarsons Industries Private Limited?

    The authorized share capital of Devarsons Industries Private Limited is ₹ 4.20 Cr and paid-up capital is ₹ 6.38 M.

  • Who are the current board members & directors of Devarsons Industries Private Limited?

    Currently 3 directors are associated with Devarsons Industries Private Limited.

    • Gaurang Navinchandra Shah
    • Samir Sureshchandra Shah
    • Sandeep Ravindra Shah
  • What is the registered address of Devarsons Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Devarsons Industries Private Limited is 441 Gidc Ind.Estate Odhav, Ahmedabad. 382 415 India, Na, Gujarat.

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

    The corporate identification number (CIN) of Devarsons Industries Private Limited is U99999GJ1961PTC001390 and the company number is 001390 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Devarsons Industries Private Limited?

    The Official website of Devarsons Industries Private Limited is https://www.devarsons.com

  • What has been the recent revenue trend for Devarsons Industries Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Devarsons Industries Private Limited has fallen by -6.58%.

  • How many employees does Devarsons Industries Private Limited currently have?

    As Per 2024 financial reports, 135 employees are currently employed by Devarsons Industries Private Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Devarsons Industries Private Limited has experienced an upsurge of 7.11%.

  • What are the total open charges for Devarsons Industries Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Devarsons Industries Private Limited amount to ₹ 0.50 M.

  • When was the last Balance Sheet of Devarsons Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Devarsons Industries Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed