Devon Innovations Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 33 Year, 11 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 33 years and 11 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
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Location
Bangaluru, Karnataka, 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
U29297KA1991PTC011705
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Company No.
011705
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Feb 1991
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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.
Who are the key members and board of directors at Devon Innovations?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudha Somadas
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Additional Director | 02-Aug-2020 | Current |
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Badarahalli Pundareeka
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Additional Director | 13-Feb-2024 | Current |
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Gottigere Somadas
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Director | 16-Nov-2023 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Ormed Medical Techonology LimitedSudha Somadas, Badarahalli Pundareeka and 1 more are mutual person
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Pasari Spinning Mills LimitedBadarahalli Pundareeka is a mutual person
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Altron Hotels Private LimitedSudha Somadas, Badarahalli Pundareeka and 1 more are mutual person
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Mysore Electronics Private Limited
Sudha Somadas is a mutual person
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V.Pram Power Company Private Limited
Badarahalli Pundareeka is a mutual person
Charges (Loans)
₹2.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2024 | Canara Bank | ₹2.00 Cr | Open |
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.
Deals i
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
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.
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