Devansh International Private Limited
About Devansh International Private Limited
Data last updated:
Devansh International Private Limited is a private limited company based in Bhavnagar, Gujarat, India, a subsidiary of Orbis Infinium Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 October 2013.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45400GJ2013PTC094996. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹11.07 Cr. It is led by directors Pramod and Mithlesh Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26,716 (net margin 0%) and EBITDA of ₹2.58 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹3.07 Cr; the latest was in February 2019. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is Daksh Buildcon Private Limited with revenue of ₹8.91 Cr.
Company details
CIN history
Devansh International has one previous CIN (Corporate Identification Number): U45400MH2013PTC249121. The current CIN is U45400GJ2013PTC094996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400GJ2013PTC094996 | Current |
| U45400MH2013PTC249121 | Previous |
Contact details
Devansh International Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Devansh International 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 activity of Devansh International is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Devansh International Private Limited, buy the company report.
Financials of Devansh International Private Limited
FY 2019 filings availableDevansh International Private Limited reported revenue of ₹8.9 Cr (up 1492% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years. EBITDA fell 91% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.9 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26,716 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Devansh International Private Limited, buy the company report.
Board of directors of Devansh International Private Limited
Devansh International has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Also directs: Skykite Construction Private Limited | Director | 25 Sep 2019 | 7 Years 1 Months | As last reported |
| Mithlesh Kumar Singh Also directs: Skykite Construction Private Limited | Director | 25 Sep 2019 | 7 Years 1 Months | As last reported |
Peer comparison
Devansh International Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Daksh Buildcon Private Limited | ₹8.91 Cr (FY 2024) | 102.0% | New Delhi, Delhi, India | |||
| Devansh International Private Limitedthis company | ₹8.9 Cr (FY 2019) | ₹26,716 | 0% | 1492.0% | Bhavnagar, Gujarat, India | |
| Kalpavriksha Infra Project Private Limited | ₹8.9 Cr (FY 2025) | 36.0% | Jodhpur, Rajasthan, India | |||
| Mahmood Builders Pvt.Ltd. | ₹8.89 Cr (FY 2024) | -4.0% | Telangana, India | |||
| Bajrang Dealmark Private Limited | ₹8.89 Cr (FY 2025) | -69.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Devansh International Private Limited, buy the company report.
Auditor
Devansh International Private Limited is audited by KURESHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KURESHI & CO | FY 2019 | 143703W |
Shareholding
The shareholding of Devansh International Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Devansh International Private Limited, buy the company report.
Deals & funding
Devansh International Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹3.07 Cr; the latest was in February 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Aug 2014 | Acquisition | ₹6 Cr | Buyer: Bansal Infracon Private Limited |
| Mar 2014 | Funding round | ₹3.07 Cr | Investors: Bansal Finstock Private Limited , Bansal Infracon Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Devansh International Private Limited has 1 court case on record: 1 filed by Devansh International. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Pending |
To see the full case history of Devansh International Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devansh International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devansh International has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Devansh International Private Limited, buy the company report.
Recent activity
Devansh International Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Mithlesh Kumar Singh ceased to be Additional Director on 09 Oct 2019.
Frequently asked questions
Devansh International is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Devansh International is a company under liquidation, formerly operating as a private limited company based in Bhavnagar, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 October 2013 and is registered under CIN U45400GJ2013PTC094996. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Devansh International has 2 current directors:
- Pramod - Director
- Mithlesh Kumar Singh - Director
The latest financial statements of Devansh International on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devansh International is U45400GJ2013PTC094996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devansh International has 1 court case on record: 1 filed by the company. 1 is pending.
Devansh International was incorporated on 11 October 2013. It is registered with the Registrar of Companies, Ahmedabad.
Devansh International has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹3.07 Cr; the latest was in February 2019.
The peers of Devansh International by revenue are Daksh Buildcon Private Limited, Kalpavriksha Infra Project Private Limited, Mahmood Builders Pvt.Ltd, Bajrang Dealmark Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Mithlesh Kumar Singh ceased to be Additional Director on 09 Oct 2019. Pramod ceased to be Additional Director on 09 Oct 2019. Shivnarayan Vijaykumar Bansal ceased to be Director on 09 Oct 2019. Devansh International has 9 board changes on record in total.
The registered office of Devansh International is at C 6 Summeru Township Opp. Varahi Soc Ghogha Road, Bhavnagar, Gujarat, India – 364001.