Devarsons Industries Profile
Key Indicators
- Authorised Capital ₹ 4.20 Cr
- Paid Up Capital ₹ 6.38 M
- Company Age 63 Year, 8 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 eight 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
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LocationNa, Gujarat
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U99999GJ1961PTC001390
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Company No.
001390
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Jun 1961
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Date of AGM
01 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Devarsons Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurang Shah
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Director | 22-Sep-1987 | Current |
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Samir Shah
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Director | 01-Apr-1995 | Current |
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Sandeep Shah
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Director | 01-Oct-1996 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Devarsons Tradein LlpGaurang Shah, Samir Shah and 1 more are mutual person
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Odhav Enviro Projects Limited
Gaurang Shah and Samir Shah are mutual person
Charges (Loans)
₹0.05 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- The Ahmedabad Merecantike Co-Operative Bank Ltd : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 1994 | The Ahmedabad Merecantike Co-Operative Bank Ltd | ₹0.50 M | Open |
| 15 Dec 2011 | Citi Bank | ₹3.00 Cr | Satisfied |
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.
Deals i
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
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.
