- #626 P Brahmanandam & family ₹5,200 Cr

Devee Power Corporation Limited
About Devee Power Corporation Limited
Data last updated:
Devee Power Corporation Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 01 December 2009 and has been in existence for over 17 years.
Its director P Brahmanandam and family are #626 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40105AP2009PLC112126.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹71.04 Lakh. It is led by directors including Rama Devi Potru and Sambasiva Rao Gadde.
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 50 – 1 – 51/1 A.S.R. Nagar Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Devee Power Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40105AP2009PLC112126, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40105AP2009PLC112126 | Current |
| U40105TG2009PLC066027 | Previous |
| U40105AP2009PLC066027 | Previous |
Recognitions & Rankings of Devee Power Corporation
Contact details
Devee Power Corporation Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address50 – 1 – 51/1 A.S.R. Nagar Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Devee Power Corporation 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
Financials of Devee Power Corporation Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Devee Power Corporation Limited, buy the company report.
Board of directors of Devee Power Corporation Limited
Devee Power Corporation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Devi Potru Also directs: Devee Horizon LLP, Devee Global Holdings Ifsc LLP, Devee Superior Feeds Limited and 2 more | Director | 01 Dec 2009 | 16 Years 11 Months | Current |
| Sambasiva Rao Gadde Also directs: Devee Global Holdings Ifsc LLP, Devi Sea Foods Limited, Maximus Arc Limited and 1 more | Director | 01 Dec 2009 | 16 Years 11 Months | Current |
| Brahmanandam Potru Also directs: Devee Horizon LLP, Devee Global Holdings Ifsc LLP, Devee Superior Feeds Limited and 3 more | Director | 01 Dec 2009 | 16 Years 11 Months | Current |
Auditor
Devee Power Corporation Limited is audited by PENDYALA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PENDYALA & CO | FY 2018 | 002632S |
Shareholding
The shareholding of Devee Power Corporation Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devee Power Corporation Limited, buy the company report.
Legal cases
Devee Power Corporation Limited has 2 court cases on record: 2 filed by Devee Power Corporation. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West Godavari, Andhra Pradesh | Court case (AS) | Filed by the company against an individual | Disposed |
| District court, West Godavari, Andhra Pradesh | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Devee Power Corporation 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 Devee Power Corporation 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 Devee Power Corporation Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devee Power Corporation Limited has 3 board changes on record since 2009: 3 appointments. The latest: Brahmanandam Potru was appointed as Director on 01 Dec 2009.
Frequently asked questions
Devee Power Corporation is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 01 December 2009 (17+ years old) and is registered under CIN U40105AP2009PLC112126.
Devee Power Corporation has 3 current directors:
- Rama Devi Potru - Director
- Sambasiva Rao Gadde - Director
- Brahmanandam Potru - Director
The latest financial statements of Devee Power Corporation 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 Devee Power Corporation is U40105AP2009PLC112126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devee Power Corporation has 2 court cases on record: 2 filed by the company.
Devee Power Corporation was incorporated on 01 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
Brahmanandam Potru was appointed as Director on 01 Dec 2009. Rama Devi Potru was appointed as Director on 01 Dec 2009. Sambasiva Rao Gadde was appointed as Director on 01 Dec 2009.
The registered office of Devee Power Corporation is at 50 – 1 – 511 A.S.R. Nagar Seethammadhara, Visakhapatnam, Andhra Pradesh, India – 530013.
Devee Power Corporation operates in the energy and power industry, in the power transmission and distribution services segment.
The compliance status of Devee Power Corporation is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.

