Devon Innovations Private Limited

Medical catheter manufacturing and sales for urology, gastroenterology, and gynaecology.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated:

Devon Innovations Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 27.78%
  • Profit Growth -3.33%
  • Ebitda -14.97%
  • Net Worth 12.50%
  • Total Assets 17.25%

About Devon Innovations

Devon Innovations Private Limited (DIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 1991 and has a history of 34 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Healthcare 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 1.00 Cr and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹2.00 Cr.

Sudha Somadas, Badarahalli Pundareeka, and Gottigere Somadas serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29297KA1991PTC011705

  • Company No.

    011705

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1991

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Healthcare

What products or services does Devon Innovations Private Limited offer?

Devon Innovations Private Limited offers a wide range of products and services, including Urological & Obstetrics Instruments, Urinary Catheter, Urology Equipment, Infusion Syringes & Supplies, Catheter, Medical Tubes, Dilators, Screw Dilator.

Company report

Devon Innovations Private Limited

Explore comprehensive data for Devon Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Devon Innovations?

Board Members (3)

NameDesignationAppointment DateStatus
Sudha Somadas Country flag representing In Additional Director 02-Aug-2020Current
Badarahalli Pundareeka Country flag representing In Additional Director 13-Feb-2024Current
Gottigere Somadas Country flag representing In Director 16-Nov-2023Current

Financial Performance of Devon Innovations.

Devon Innovations Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.78% increase. The company also saw a slight decrease in profitability, with a 3.33% decrease in profit. The company's net worth Soared by an impressive increase of 12.5%.

Devon Innovations revenue growth over time
Devon Innovations 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
27.78%
Revenue from Operations
25.34%
Total Assets
17.25%
Profit or Loss
-3.33%
Net Worth
12.50%
EBITDA
-14.97%

What is the Ownership and Shareholding Structure of Devon Innovations?

In 2022, Devon Innovations had a public holding of 88.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2024Canara Bank₹2.00 CrOpen

How Many Employees Work at Devon Innovations?

Devon Innovations has a workforce of 61 employees as of Mar 26, 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.

Employee growth trends for Devon Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devon Innovations, 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 Devon Innovations'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 Devon Innovations

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 101013353 was registered on 07 Nov 2024.

  • Annual General Meeting

    Devon Innovations Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Devon Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Badarahalli Lakshmaiah Pundareeka was appointed as a Additional Director was appointed as a Additional Director on 13 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Gottigere Chandrashekar Somadas was appointed as a Director was appointed as a Director on 16 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Sudha Somadas was appointed as a Additional Director was appointed as a Additional Director on 02 Aug 2020 & has been associated with this company since 4 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Devon Innovations Private Limited?

    Devon Innovations Private Limited was incorporated on 25 Feb 1991.

  • What is authorized share capital and paid-up capital of Devon Innovations Private Limited?

    The authorized share capital of Devon Innovations Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Who are the current board members & directors of Devon Innovations Private Limited?

    Currently 3 directors are associated with Devon Innovations Private Limited.

    • Sudha Somadas
    • Badarahalli Lakshmaiah Pundareeka
    • Gottigere Chandrashekar Somadas

  • What is the registered address of Devon Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Devon Innovations Private Limited is No.136 First Floor 5Th Main Chamarajpet, India, Bangalore South, Karnataka, 560018.

  • What is the corporate identification number (CIN) and company number of Devon Innovations Private Limited?

    The corporate identification number (CIN) of Devon Innovations Private Limited is U29297KA1991PTC011705 and the company number is 011705 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Devon Innovations Private Limited?

    The Official website of Devon Innovations Private Limited is https://www.devoncath.com

  • What has been the recent revenue trend for Devon Innovations Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Devon Innovations Private Limited has risen by 27.78%.

  • How many employees does Devon Innovations Private Limited currently have?

    As Per 2022 financial reports, 61 employees are currently employed by Devon Innovations Private Limited.

  • What change has been observed in the net worth of Devon Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Devon Innovations Private Limited has experienced an upsurge of 12.50%.

  • What are the total open charges for Devon Innovations Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Devon Innovations Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Devon Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Devon Innovations Private Limited was filed with the ROC on 31 Mar 2024.

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