Devangan Developers Private Limited
About Devangan Developers Private Limited
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Devangan Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 21 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1997PTC082656.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.12 Lakh. It is led by directors Saroj Jhunjhunwala and Mayank Jhunjhunwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 24 Hemant Basu Saranir No 203, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.38 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.08 Lakh (net margin 35.9%) and EBITDA of ₹5.51 Lakh (EBITDA margin 48.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devangan Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24 Hemant Basu Saranir No 203, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Devangan Developers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Devangan Developers are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Devangan Developers Private Limited, buy the company report.
Financials of Devangan Developers Private Limited
FY 2025 filings availableDevangan Developers Private Limited reported revenue of ₹11.38 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 6% growth in the latest year. EBITDA rose 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.51 Lakh | ||||
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| Net Profit (PAT) | ₹4.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 48.4% | ||||
| Net Profit Margin | 35.9% | ||||
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To see the full financial statements and ratios of Devangan Developers Private Limited, buy the company report.
Board of directors of Devangan Developers Private Limited
Devangan Developers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Jhunjhunwala Also directs: C. S. Textiles Private Limited, GLJ Textiles Private Limited, GLJ Properties Private Limited and 4 more | Director | 04 Dec 2009 | 16 Years 11 Months | Current |
| Mayank Jhunjhunwala Also directs: C. S. Textiles Private Limited, GLJ Textiles Private Limited, GLJ Properties Private Limited and 5 more | Director | 11 May 2015 | 11 Years 5 Months | Current |
Peer comparison
Devangan Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dream Way Multilevel Network Marketing & Trading Private Limited | ₹11.39 Lakh (FY 2016) | 4.0% | Sonada, West Bengal, India | |||
| RZ Industrials Private Limited | ₹11.39 Lakh (FY 2025) | 10978.0% | Kancheepuram, Tamil Nadu, India | |||
| Boriicha Eye World Private Limited | ₹11.38 Lakh (FY 2019) | 21.0% | Navi Mumbai, Maharashtra, India | |||
| Baby Rural Health Centre Private Limited | ₹11.38 Lakh (FY 2024) | 54.0% | Pattukkottai, Tamil Nadu, India | |||
| Friends Marketing Private Limited | ₹11.38 Lakh (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Devangan Developers Private Limitedthis company | ₹11.38 Lakh (FY 2025) | ₹4.08 Lakh | 35.9% | 6.0% | Kolkata, West Bengal, India | |
| Shikhar Chand Jain & Co. Private Limited | ₹11.38 Lakh (FY 2025) | -70.0% | New Delhi, Delhi, India | |||
| Amber Business Services Pvt.Ltd. | ₹11.38 Lakh (FY 2025) | 127.0% | Kolkata, West Bengal, India | |||
| Wonder Lifestyle Private Limited | ₹11.37 Lakh (FY 2019) | 20.0% | Thane, Maharashtra, India | |||
| Anisha Silk Mills Private Limited | ₹11.37 Lakh (FY 2025) | -32.0% | Surat, Gujarat, India | |||
| Manreach Laboratories Private Limited | ₹11.37 Lakh (FY 2025) | -81.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Devangan Developers Private Limited, buy the company report.
Auditor
Devangan Developers Private Limited is audited by GHOSH&MALLICK for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHOSH&MALLICK | FY 2017 | 323841E |
Shareholding
The shareholding of Devangan Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devangan Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devangan Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devangan Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devangan Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devangan Developers Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Girdhari Lall Jhunjhunwala ceased to be Director on 08 May 2023.
Frequently asked questions
Devangan Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in advisory, within the financial services industry. It was incorporated on 21 January 1997 (29+ years old) and is registered under CIN U70109WB1997PTC082656.
Devangan Developers has 2 current directors:
- Saroj Jhunjhunwala - Director
- Mayank Jhunjhunwala - Director
The latest financial statements of Devangan Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devangan Developers is U70109WB1997PTC082656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devangan Developers was incorporated on 21 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Devangan Developers by revenue are Dream Way Multilevel Network Marketing & Trading Private Limited, RZ Industrials Private Limited, Boriicha Eye World Private Limited, Baby Rural Health Centre Private Limited, Friends Marketing Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Girdhari Lall Jhunjhunwala ceased to be Director on 08 May 2023. Mayank Jhunjhunwala was appointed as Director on 11 May 2015. Banwari Lall Chowdhary ceased to be Director on 10 Dec 2009. Devangan Developers has 5 board changes on record in total.
The registered office of Devangan Developers is at 24 Hemant Basu Saranir No 203, Kolkata, West Bengal, India – 700001.
Devangan Developers operates in the financial services industry, in the advisory segment.
The compliance status of Devangan Developers is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Devangan Developers can be reached at its registered office: 24 Hemant Basu Saranir No 203, Kolkata, West Bengal, India – 700001.
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