Divine Engineering Services Private Limited

Manufacturer of fabricated and machined components for bulk material handling and mechanical transmission equipment.

2019 | Surat, Gujarat (India) | Active
Last Updated: July 16, 2024

Divine Engineering Services Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 0.51 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.00 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -29.69%
  • Profit Growth -22.18%
  • Ebitda -20.23%
  • Net Worth 360.05%
  • Total Assets 6.08%

About Divine Engineering Services

Divine Engineering Services Private Limited (DESPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 July 2019 (Five years and seven months 8 days old ). Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Engineering 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 3.00 Cr and a paid-up capital of Rs 0.51 M.

The company currently has active open charges totaling ₹13.00 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Vishal Chovatiya and Rajeshbhai Borad serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93000GJ2019PTC108950

  • Company No.

    108950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Divine Engineering Services Private Limited offer?

Divine Engineering Services Private Limited offers a wide range of products and services, including Manufacturing & Assembling Services, CNC Machining Services, Material Cutting Services, Laser Cutting Services, Metal Finishing & Coating Services, Blasting Job Works, Cutting Services, Building & Real Estate Developers, Bridge Construction, CNC Cutting Service.

Who are the key members and board of directors at Divine Engineering Services?

Board Members (2)

Name Designation Appointment Date Status
Vishal Chovatiya Country flag representing In Director 04-Jul-2019 Current
Rajeshbhai Borad Country flag representing In Director 04-Jul-2019 Current

Financial Performance of Divine Engineering Services.

Divine Engineering Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.69% decrease. The company also saw a substantial fall in profitability, with a 22.18% decrease in profit. The company's net worth Soared by an impressive increase of 360.05%.

Graph illustrating revenue growth over time
Graph showing 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
-29.69%
Revenue from Operations
-30.23%
Total Assets
6.08%
Profit or Loss
-22.18%
Net Worth
360.05%
EBITDA
-20.23%

What is the Ownership and Shareholding Structure of Divine Engineering Services?

In 2023, Divine Engineering Services 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

Charges (Loans)

Open Charges

₹13.00 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • Sidbi : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2023 Others ₹10.00 Cr Open
28 Mar 2023 Sidbi ₹3.00 Cr Open
09 Feb 2021 Yes Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Divine Engineering Services?

Divine Engineering Services has a workforce of 11 employees as of Mar 21, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Divine Engineering Services, 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 Divine Engineering Services'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 Divine Engineering Services

Recent activity within the organization

  • Annual General Meeting

    Divine Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 09 Feb 2021 via Charge ID 100413338 with Yes Bank Limited was fully satisfied on 21 Jul 2023.

    21 Jul 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 10 May 2023 with Charge ID 100729333 was modified on 12 May 2023.

    12 May 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100729333 was registered on 10 May 2023.

    10 May 2023

  • Balance Sheet

    Divine Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100691240 was registered on 28 Mar 2023.

    28 Mar 2023

Frequently asked questions

  • Divine Engineering Services Private Limited was incorporated on 04 Jul 2019.

  • The authorized share capital of Divine Engineering Services Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 0.51 M.

  • Currently 2 directors are associated with Divine Engineering Services Private Limited.

    • Vishal Gokalbhai Chovatiya
    • Rajeshbhai Rameshbhai Borad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Divine Engineering Services Private Limited is Plot No. A1-613 G.I.D.C. Sachin Industrial Estate, Surat, Gujarat, India, 394230.

  • The corporate identification number (CIN) of Divine Engineering Services Private Limited is U93000GJ2019PTC108950 and the company number is 108950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Divine Engineering Services Private Limited is https://www.divineengineering.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Divine Engineering Services Private Limited has fallen by -29.69%.

  • As Per 2023 financial reports, 11 employees are currently employed by Divine Engineering Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Divine Engineering Services Private Limited has experienced an upsurge of 360.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Divine Engineering Services Private Limited amount to ₹ 13.00 Cr.

  • The most recent Balance Sheet for Divine Engineering Services Private Limited was filed with the ROC on 31 Mar 2023.

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