Devesh Associates Private Limited
About Devesh Associates Private Limited
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Devesh Associates Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 03 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U45201AS2007PTC008316. Its GSTIN is 18AACCD5302P1ZI (Assam).
The company has an authorised share capital of ₹31 Lakh and a paid-up capital of ₹30.1 Lakh. It is led by directors including Manish Agarwal and Devesh Agarwal.
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 House No.09 Basudev Path Fatasil Ambari, Guwahati, Assam, India – 781025.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.89 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.94 Lakh (net margin 1.7%) and EBITDA of ₹7.7 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 2% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devesh Associates Private Limited's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No.09 Basudev Path Fatasil Ambari, Guwahati, Assam, India – 781025
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Devesh Associates 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 Devesh Associates are support service to organizations and trade. In detail, this covers other support services to organizations and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Devesh Associates Private Limited, buy the company report.
Financials of Devesh Associates Private Limited
FY 2025 filings availableDevesh Associates Private Limited reported revenue of ₹2.89 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 8% 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 | ₹7.7 Lakh | ||||
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| Net Profit (PAT) | ₹4.94 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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| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Devesh Associates Private Limited, buy the company report.
Board of directors of Devesh Associates Private Limited
Devesh Associates has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Agarwal | Director | 09 Nov 2017 | 8 Years 11 Months | Current |
| Devesh Agarwal | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Preeti Agarwal | Director | 17 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Devesh Associates Private Limited is audited by H K AGRAWALA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H K AGRAWALA & ASSOCIATES | FY 2021 | 319293E |
Shareholding
The shareholding of Devesh Associates Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Devesh Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devesh Associates 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 Devesh Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devesh Associates Private Limited has a workforce of 19 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Devesh Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AACCD5302P1ZI | Assam | Active | 17 Aug 2017 |
To see the full GST registrations and return filing status of Devesh Associates Private Limited, buy the company report.
Recent activity
Devesh Associates Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Devesh Agarwal was appointed as Director on 01 Nov 2022.
Frequently asked questions
Devesh Associates is an active private limited company based in Guwahati, Assam, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 03 February 2007 (19+ years old) and is registered under CIN U45201AS2007PTC008316.
Devesh Associates has 3 current directors:
- Manish Agarwal - Director
- Devesh Agarwal - Director
- Preeti Agarwal - Director
The latest financial statements of Devesh Associates 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 GSTIN of Devesh Associates is 18AACCD5302P1ZI, registered in Assam.
The CIN (Corporate Identification Number) of Devesh Associates is U45201AS2007PTC008316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devesh Associates was incorporated on 03 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Guwahati.
Devesh Agarwal was appointed as Director on 01 Nov 2022. Preeti Agarwal was appointed as Director on 17 Nov 2017. Sarita Agarwal ceased to be Director on 17 Nov 2017. Devesh Associates has 5 board changes on record in total.
The registered office of Devesh Associates is at House No.09 Basudev Path Fatasil Ambari, Guwahati, Assam, India – 781025.
Devesh Associates operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
The compliance status of Devesh Associates is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.