Devenue Innovations Private Limited
About Devenue Innovations Private Limited
Data last updated:
Devenue Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 26 June 2024.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2024PTC190199.
The company has an authorised share capital of ₹13 Lakh and a paid-up capital of ₹1.18 Lakh. It is led by directors including Piyush Agarwal and Achintya Amitabh Gupta.
Its last annual general meeting (AGM) was held on 30 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.92 Cr. For the same year it recorded a net profit of ₹33.25 Lakh (net margin 11.4%) and EBITDA of ₹44.91 Lakh (EBITDA margin 15.4%).
Company details
Contact details
Devenue Innovations Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address235 Binnamangala 2nd Floor 13th Cross Road, 2nd Stage Indira Nagar Bengaluru, Bangalore, Karnataka, India – 560038
- 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 Devenue Innovations Private Limited
FY 2025 filings availableDevenue Innovations Private Limited reported revenue of ₹2.92 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹44.91 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹33.25 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2024-25 |
|---|---|
| Profitability | |
| EBITDA Margin | 15.4% |
| Net Profit Margin | 11.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Devenue Innovations Private Limited, buy the company report.
Board of directors of Devenue Innovations Private Limited
Devenue Innovations has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Agarwal | Director | 26 Jun 2024 | 2 Years 4 Months | Current |
| Achintya Amitabh Gupta Also directs: Reodotdev Tech Private Limited, Achishi Partners LLP | Director | 26 Jun 2024 | 2 Years 4 Months | Current |
| Gaurav Jain Also directs: Roverly Partners LLP, Reodotdev Tech Private Limited | Director | 26 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Devenue Innovations Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swast Solutions Private Limited | ₹2.93 Cr (FY 2024) | 31.0% | Gurgaon, Haryana, India | |||
| Ambey Irish Constructions Private Limited | ₹2.93 Cr (FY 2025) | 15.0% | Ranchi, Jharkhand, India | |||
| Usxi (India) Private Limited | ₹2.93 Cr (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Spectrum Controls Private Limited | ₹2.92 Cr (FY 2020) | -50.0% | Nashik, Maharashtra, India | |||
| Truworth Infotech Private Limited | ₹2.92 Cr (FY 2025) | 246.0% | Jaipur, Rajasthan, India | |||
| Devenue Innovations Private Limitedthis company | ₹2.92 Cr (FY 2025) | ₹33.25 Lakh | 11.4% | Bangalore, Karnataka, India | ||
| Inovaantage Systems Private Limited | ₹2.92 Cr (FY 2024) | -8.0% | Bhubaneswar, Odisha, India | |||
| Knowzies Technology Solutions Private Limited | ₹2.91 Cr (FY 2024) | 3.0% | Pune, Maharashtra, India | |||
| Strategism India Private Limited | ₹2.91 Cr (FY 2021) | 381.0% | Chitranjan Park, Delhi, India | |||
| Twenty Six Miles Capital Private Limited | ₹2.9 Cr (FY 2025) | Gurgaon, Haryana, India | ||||
| Udm Global Solution Private Limited | ₹2.9 Cr (FY 2024) | -14.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Devenue Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devenue Innovations 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 Devenue Innovations 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 Devenue Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devenue Innovations Private Limited has 3 board changes on record since 2024: 3 appointments. The latest: Achintya Amitabh Gupta was appointed as Director on 26 Jun 2024.
Frequently asked questions
Devenue Innovations is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 26 June 2024 (2+ years old) and is registered under CIN U62099KA2024PTC190199.
Devenue Innovations has 3 current directors:
- Piyush Agarwal - Director
- Achintya Amitabh Gupta - Director
- Gaurav Jain - Director
The latest financial statements of Devenue Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 December 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Devenue Innovations is U62099KA2024PTC190199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devenue Innovations was incorporated on 26 June 2024, making it 2+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devenue Innovations by revenue are Swast Solutions Private Limited, Ambey Irish Constructions Private Limited, Usxi (India) Private Limited, Spectrum Controls Private Limited, Truworth Infotech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Achintya Amitabh Gupta was appointed as Director on 26 Jun 2024. Gaurav Jain was appointed as Director on 26 Jun 2024. Piyush Agarwal was appointed as Director on 26 Jun 2024.
The registered office of Devenue Innovations is at 235 Binnamangala 2nd Floor 13th Cross Road, 2nd Stage Indira Nagar Bengaluru, Bangalore, Karnataka, India – 560038.
Devenue Innovations can be reached at its registered office: 235 Binnamangala 2nd Floor 13th Cross Road, 2nd Stage Indira Nagar Bengaluru, Bangalore, Karnataka, India – 560038.
Devenue Innovations is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
