Devika Fibres Profile
Key Indicators
- Authorised Capital ₹ 4.11 Cr
- Paid Up Capital ₹ 2.63 Cr
- Company Age 31 Year, 4 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 four months. Its registered office is in Surat, Gujarat, 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
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Location
Surat, Gujarat, 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
U17119MH1993PTC291667
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Company No.
291667
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Sep 1993
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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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
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Director | 03-Feb-1997 | Current |
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Jayeshbhai Bhagwakar
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Director | 31-Dec-2014 | Current |
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Rashmi Sultania
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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)
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Sudeva Solar LlpAshok Sultania is a mutual person
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Durga Agro Park Private Limited
Ashok Sultania is a mutual person
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Devika Fabrics Private Limited
Ashok Sultania is a mutual person
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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.
