About Devhen Applab Private Limited
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Devhen Applab Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2017PTC095780. Its GSTIN is 24AAGCD0130R1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vipul Arvindbhai Patel and Ritaben Vipul Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop S F 209 Binali Opp Torrent Power Naranpura Sola Road, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2022, the company reported a revenue of ₹22.18 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹7,850 (net margin 0.4%) and EBITDA of ₹1.62 Lakh (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devhen.in.
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- Website
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- Registered AddressShop S F 209 Binali Opp Torrent Power Naranpura Sola Road, Ahmedabad, Gujarat, India – 380013
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Devhen Applab Private Limited
The main business activity of Devhen Applab is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devhen Applab Private Limited FY 2022 filings available
Devhen Applab Private Limited reported revenue of ₹22.18 Lakh (down 40% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Devhen Applab Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 40% fall in the latest year. EBITDA rose 67% 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 of Devhen Applab Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹1.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,850 | •••• | •••• | •••• | •••• |
| 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 of Devhen Applab Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devhen Applab are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devhen Applab Private Limited
Devhen Applab Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advantagesb Communications Private Limited | ₹22.21 Lakh (FY 2024) | •••• | •••• | 119.0% | •••• | Lucknow, Uttar Pradesh, India |
| Immative Technologies Private Limited | ₹22.2 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Propellente IT Private Limited | ₹22.2 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Bangalore, Karnataka, India |
| Analytics Valley Technologies Private Limited | ₹22.19 Lakh (FY 2023) | •••• | •••• | -55.0% | •••• | Bangalore, Karnataka, India |
| Kaur IT Solutions (OPC) Private Limited | ₹22.19 Lakh (FY 2019) | •••• | •••• | •••• | Mohali, Punjab, India | |
| Devhen Applab Private Limited this company | ₹22.18 Lakh (FY 2022) | •••• | •••• | -40.0% | •••• | Ahmedabad, Gujarat, India |
| Indiriser Appliances & Services Private Limited | ₹22.18 Lakh (FY 2022) | •••• | •••• | -50.0% | •••• | Hyderabad, Telangana, India |
| Ibolt Communications Private Limited | ₹22.18 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Thrissur, Kerala, India |
| Squadf1 Labs Private Limited | ₹22.18 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Jammu, Jammu and Kashmir, India |
| Alpinedge Solutions Private Limited | ₹22.16 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Gurgaon, Haryana, India |
| Technouveau Private Limited | ₹22.15 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devhen Applab by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devhen Applab Private Limited
Devhen Applab Private Limited is audited by VIRANI & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIRANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devhen Applab Private Limited
Devhen Applab has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Arvindbhai Patel | Director | 14 Feb 2017 | 9 Years 7 Months | Current |
| Ritaben Vipul Patel | Director | 14 Feb 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Devhen Applab Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devhen Applab Private Limited
Devhen Applab Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devhen Applab Private Limited
Employment history and EPFO contributions of people linked to Devhen Applab.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devhen Applab Private Limited
Devhen Applab Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ritaben Vipul Patel was appointed as Director on 14 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Devhen Applab Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devhen Applab Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devhen Applab Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devhen Applab Private Limited
Devhen Applab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCD0130R1ZP | Gujarat | Active | 25 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devhen Applab Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devhen Applab Private Limited
Devhen Applab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 February 2017 (9+ years old) and is registered under CIN U72900GJ2017PTC095780.
Devhen Applab reported revenue of ₹22.18 Lakh for FY 2022 (down 40% YoY).
Devhen Applab has 2 current directors:
- Vipul Arvindbhai Patel - Director
- Ritaben Vipul Patel - Director
Devhen Applab reported a net profit of ₹7,850 (net margin 0.4%) and EBITDA of ₹1.62 Lakh (EBITDA margin 7.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devhen Applab is -24% over three years. In the latest year (FY 2022) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devhen Applab is 24AAGCD0130R1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Devhen Applab is U72900GJ2017PTC095780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devhen Applab was incorporated on 14 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devhen Applab by revenue are Advantagesb Communications Private Limited, Immative Technologies Private Limited, Propellente IT Private Limited, Analytics Valley Technologies Private Limited, Kaur IT Solutions (OPC) Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ritaben Vipul Patel was appointed as Director on 14 Feb 2017. Vipul Arvindbhai Patel was appointed as Director on 14 Feb 2017.
Devhen Applab can be reached through the website devhen.in. Its registered office is in Ahmedabad, Gujarat, India.