

Devika Fibres Profile
Key Indicators
- Authorised Capital ₹ 4.11 Cr
- Paid Up Capital ₹ 2.63 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 186.10 Cr
- Satisfied Charges ₹ 403.14 Cr
- Revenue Growth 54.70%
- Profit Growth 89.31%
- Ebitda -21.29%
- Net Worth 13.51%
- Total Assets 9.23%
About Devika Fibres
Devika Fibres Pvt Ltd (DFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 1993 and has a history of 31 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing 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 4.11 Cr and a paid-up capital of Rs 2.63 Cr.
The company currently has active open charges totaling ₹186.10 Cr. The company has closed loans amounting to ₹403.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Sultania, Jayeshbhai Bhagwakar, and Rashmi Sultania serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17119MH1993PTC291667
- Company No.
291667
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Sep 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Devika Fibres Pvt Ltd offer?
Devika Fibres Pvt Ltd offers a wide range of products and services, including Polyester Yarn, Polyester Textured Yarn, Dyed Polyester Yarn, Stretch Fabric, Lycra Fabric.
Who are the key members and board of directors at Devika Fibres?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ashok Sultania ![]() | Director | 03-Feb-1997 | Current |
Jayeshbhai Bhagwakar ![]() | Director | 31-Dec-2014 | Current |
Rashmi Sultania ![]() | Director | 04-Jul-2019 | Current |
Financial Performance of Devika Fibres.
Devika Fibres Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 54.7% increase. The company also saw a substantial improvement in profitability, with a 89.31% increase in profit. The company's net worth Soared by an impressive increase of 13.51%.


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What is the Ownership and Shareholding Structure of Devika Fibres?
In 2022, Devika Fibres had a promoter holding of 67.88% and a public holding of 32.12%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Sudeva Solar Llp
Ashok Sultania is a mutual person
- Durga Agro Park Private Limited
Ashok Sultania is a mutual person
- Devika Fabrics Private Limited
Ashok Sultania is a mutual person
- Devika Industries Private Limited
Ashok Sultania and Rashmi Sultania are mutual person
Charges (Loans)
₹186.10 Cr
₹403.14 Cr
Charges Breakdown by Lending Institutions
- Others : 186.10 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
02 Aug 2021 | Others | ₹93.05 Cr | Open |
30 Jul 2021 | Others | ₹93.05 Cr | Open |
12 Oct 2022 | State Bank Of India | ₹21.05 Cr | Satisfied |
16 Jun 2020 | Others | ₹3.86 Cr | Satisfied |
16 Jun 2020 | Others | ₹10.30 Cr | Satisfied |
How Many Employees Work at Devika Fibres?
Devika Fibres has a workforce of 15 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 Devika Fibres, 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 Devika Fibres'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.
Latest Updates, News, and FAQs on Devika Fibres
Recent activity within the organization
- Annual General Meeting
Devika Fibres Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 12 Oct 2022 via Charge ID 100641363 with State Bank Of India was fully satisfied on 24 Aug 2023.
- Charges
A charge registered on 16 Jun 2020 via Charge ID 100352362 with Others was fully satisfied on 24 Aug 2023.
- Charges
A charge registered on 16 Jun 2020 via Charge ID 100352363 with Others was fully satisfied on 24 Aug 2023.
- Charges
A charge registered on 24 Jul 2014 via Charge ID 10522840 with Others was fully satisfied on 24 Aug 2023.
- Charges
A charge registered on 16 Jun 2007 via Charge ID 10061822 with Others was fully satisfied on 24 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Devika Fibres Pvt Ltd?
Devika Fibres Pvt Ltd was incorporated on 23 Sep 1993.
What is authorized share capital and paid-up capital of Devika Fibres Pvt Ltd?
The authorized share capital of Devika Fibres Pvt Ltd is ₹ 4.11 Cr and paid-up capital is ₹ 2.63 Cr.
Who are the current board members & directors of Devika Fibres Pvt Ltd?
Currently 3 directors are associated with Devika Fibres Pvt Ltd.
- Ashok Sultania
- Jayeshbhai Chunilal Bhagwakar
- Rashmi Sultania
What is the registered address of Devika Fibres Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Devika Fibres Pvt Ltd is 14 1St Floor Plumber House 557 J.S.S. Road Chira Bazar, India, Mumbai, Maharashtra, 400002.
What is the corporate identification number (CIN) and company number of Devika Fibres Pvt Ltd?
The corporate identification number (CIN) of Devika Fibres Pvt Ltd is U17119MH1993PTC291667 and the company number is 291667 as per Ministry of Corporate Affairs (MCA).
What is the official website of Devika Fibres Pvt Ltd?
The Official website of Devika Fibres Pvt Ltd is https://www.devikafibres.com
What has been the recent revenue trend for Devika Fibres Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Devika Fibres Pvt Ltd has risen by 54.70%.
How many employees does Devika Fibres Pvt Ltd currently have?
As Per 2022 financial reports, 15 employees are currently employed by Devika Fibres Pvt Ltd.
What change has been observed in the net worth of Devika Fibres Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Devika Fibres Pvt Ltd has experienced an upsurge of 13.51%.
What are the total open charges for Devika Fibres Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Devika Fibres Pvt Ltd amount to ₹ 186.10 Cr.
When was the last Balance Sheet of Devika Fibres Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Devika Fibres Pvt Ltd was filed with the ROC on 31 Mar 2023.
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