Development Electric Company Pvt Ltd

Sells sarees and rents electric motors since 1988 in West Bengal.

1988 | Howrah, West Bengal (India) | Active
Last Updated: December 26, 2024

Development Electric Company Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.96 M
  • Company Age 36 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 2.25 M
  • Satisfied Charges ₹ 1.83 Cr
  • Revenue Growth 73.08%
  • Profit Growth 74.68%
  • Ebitda 643.19%
  • Net Worth -6.91%
  • Total Assets -6.88%

About Development Electric Company

Development Electric Company Pvt Ltd (DECPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 1988 and has a history of 36 years and seven months. Its registered office is in Howrah, West Bengal, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.96 M.

The company currently has active open charges totaling ₹2.25 M. The company has closed loans amounting to ₹1.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramniranjan Sonthalia and Pradip Sonthalia serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921WB1988PTC044715

  • Company No.

    044715

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1988

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Fashion and Textile
Financial Services

Who are the key members and board of directors at Development Electric Company?

Board Members (2)

NameDesignationAppointment DateStatus
Ramniranjan Sonthalia Country flag representing In Director 01-Jul-1988Current
Pradip Sonthalia Country flag representing In Director 01-Jul-1988Current

Financial Performance of Development Electric Company.

Development Electric Company Pvt Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 73.08% increase. The company also saw a substantial improvement in profitability, with a 74.68% increase in profit. The company's net worth dipped by a decrease of 6.91%.

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
73.08%
Revenue from Operations
76.92%
Total Assets
-6.88%
Profit or Loss
74.68%
Net Worth
-6.91%
EBITDA
643.19%

What is the Ownership and Shareholding Structure of Development Electric Company?

In 2020, Development Electric Company 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

₹2.25 M

Satisfied Charges

₹18.30 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2013Uco Bank₹2.25 MOpen
17 Mar 2008Uco Bank₹4.10 MSatisfied
20 Jan 2007Uco Bank₹9.00 MSatisfied
05 Feb 2003Bharat Overseas Bank Ltd₹5.20 MSatisfied

How Many Employees Work at Development Electric Company?

Unlock and access historical data on people associated with Development Electric Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Development Electric Company, 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 Development Electric Company'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 Development Electric Company

Recent activity within the organization

  • Annual General Meeting

    Development Electric Company Pvt Ltd last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Development Electric Company Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kolkata.

    31 Mar 2020

  • Charges

    A charge registered on 17 Mar 2008 via Charge ID 10097869 with Uco Bank was fully satisfied on 26 Feb 2014.

    26 Feb 2014

  • Charges

    A charge registered on 20 Jan 2007 via Charge ID 10034866 with Uco Bank was fully satisfied on 26 Feb 2014.

    26 Feb 2014

  • Charges

    A charge with Uco Bank amounted to Rs. 2.25 M with Charge ID 10489124 was registered on 26 Dec 2013.

    26 Dec 2013

  • Charges

    A charge with Uco Bank amounted to Rs. 4.10 M with Charge ID 10097869 was registered on 17 Mar 2008.

    17 Mar 2008

Frequently asked questions

  • Development Electric Company Pvt Ltd was incorporated on 01 Jul 1988.

  • The authorized share capital of Development Electric Company Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 2.96 M.

  • Currently 2 directors are associated with Development Electric Company Pvt Ltd.

    • Ramniranjan Sonthalia
    • Pradip Kumar Sonthalia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Development Electric Company Pvt Ltd is 77/6/3 Benaras Road India, Howrah, West Bengal, 711101.

  • The corporate identification number (CIN) of Development Electric Company Pvt Ltd is U65921WB1988PTC044715 and the company number is 044715 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Development Electric Company Pvt Ltd has risen by 73.08%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Development Electric Company Pvt Ltd has experienced an downturn of -6.91%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Development Electric Company Pvt Ltd amount to ₹ 2.25 M.

  • The most recent Balance Sheet for Development Electric Company Pvt Ltd was filed with the ROC on 31 Mar 2020.