Devgan Solvex Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.87 M
- Company Age 36 Year, 10 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 25.90 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth -45.17%
- Profit Growth -2008.98%
- Ebitda -115.67%
- Net Worth -71.48%
- Total Assets -21.15%
About Devgan Solvex
Devgan Solvex Pvt Ltd (DSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1988 and has a history of 36 years and ten months. Its registered office is in Amritsar, Punjab, 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 2018. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.87 M.
The company currently has active open charges totaling ₹25.90 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naresh Devgan and Yogesh Devgan serve as directors at the Company.
Company Details
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Location
Amritsar, Punjab, India
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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
U15311PB1988PTC008190
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Company No.
008190
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Mar 1988
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Date of AGM
29 Sep 2018
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Date of Balance Sheet
31 Mar 2018
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Devgan Solvex?
Board Members (2)
Name | Designation | Appointment Date | Status |
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Naresh Devgan
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Additional Director | 30-Nov-2017 | Current |
Yogesh Devgan
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Additional Director | 29-Dec-2017 | Current |
Financial Performance of Devgan Solvex.
Devgan Solvex Pvt Ltd, for the financial year ended 2018, experienced significant reduction in revenue, with a 45.17% decrease. The company also saw a substantial fall in profitability, with a 2008.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.48%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Devgan Solvex?
In 2018, Devgan Solvex 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](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹25.90 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 25.90 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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24 Dec 2014 | Union Bank Of India | ₹1.00 M | Open |
13 Aug 2014 | Union Bank Of India | ₹19.50 Cr | Open |
28 Dec 2012 | Union Bank Of India | ₹5.90 Cr | Open |
26 Jan 1995 | Union Bank Of India | ₹4.00 M | Open |
10 Sep 2003 | State Bank Of Patiala | ₹3.00 Cr | Satisfied |
How Many Employees Work at Devgan Solvex?
Unlock and access historical data on people associated with Devgan Solvex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Devgan Solvex, 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 Devgan Solvex's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.