
Latent Devcon Private Limited
About Latent Devcon Private Limited
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Latent Devcon Private Limited is a private limited company based in Dewas, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45309MP2021PTC054829. Its GSTIN is 23AAECL5083H2ZJ (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vishal Jaiswal and Dayaprakash Kumawat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 542/2/2/1 Patwari Halka No. 18 Near Pachunkar Colony, Dewas, Madhya Pradesh, India – 455001.
As per the financials filed for FY 2024, the company reported a revenue of ₹66,260, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹6,810 (net margin 10.3%) and EBITDA of ₹9,210 (EBITDA margin 13.9%).
Company details
Contact details
Latent Devcon Private Limited's registered office is in Dewas, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 542/2/2/1 Patwari Halka No. 18 Near Pachunkar Colony, Dewas, Madhya Pradesh, India – 455001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Latent Devcon 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
Financials of Latent Devcon Private Limited
FY 2024 filings availableLatent Devcon Private Limited reported revenue of ₹66,260 (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9,210 | |||
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| Net Profit (PAT) | ₹6,810 | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 13.9% | |||
| Net Profit Margin | 10.3% | |||
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To see the full financial statements and ratios of Latent Devcon Private Limited, buy the company report.
Board of directors of Latent Devcon Private Limited
Latent Devcon has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Jaiswal | Director | 09 Feb 2021 | 5 Years 9 Months | Current |
| Dayaprakash Kumawat | Director | 15 Jan 2022 | 4 Years 9 Months | Current |
| Devang Kapadia | Director | 15 Jan 2022 | 4 Years 9 Months | Current |
| Vijay Budhani Also directs: Latent Holiday Homes Private Limited, Belief Buildcon Private Limited, Belief Food and Beverages Private Limited and 2 more | Director | 20 Feb 2025 | 1 Years 8 Months | Current |
| Vikas Jaiswal | Director | 20 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Latent Devcon Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iceberg Commercial Enterprises Private Limited | ₹66,441 (FY 2024) | -9.0% | New Delhi, Delhi, India | |||
| Hi-Tech Buildcon Private Limited | ₹66,428 (FY 2025) | 7.0% | Delhi, India | |||
| Oyster Tracom Private Limited | ₹66,380 (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Aditya Techmach Private Limited | ₹66,369 (FY 2025) | -11.0% | Meerut, Uttar Pradesh, India | |||
| Harshingar Realventure Private Limited | ₹66,350 (FY 2024) | 87.0% | Delhi, India | |||
| Latent Devcon Private Limitedthis company | ₹66,260 (FY 2024) | ₹6,810 | 10.3% | 19.0% | Dewas, Madhya Pradesh, India | |
| Samriddhireal Mart Private Limited | ₹66,214 (FY 2024) | 7.0% | Jaipur, Rajasthan, India | |||
| Khushi Builders & Developer Private Limited | ₹66,210 (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Krishna Apra Projects Private Limited | ₹66,153 (FY 2024) | -89.0% | Delhi, India | |||
| Unibera Hospitality Services Private Limited | ₹66,113 (FY 2020) | -60.0% | Noida, Uttar Pradesh, India | |||
| Qabil Builders & Constructions Private Limited | ₹66,000 (FY 2022) | 843.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Latent Devcon Private Limited, buy the company report.
Auditor
Latent Devcon Private Limited is audited by AJAY PATIDAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY PATIDAR & ASSOCIATES | FY 2023 | 015922C |
Shareholding
The shareholding of Latent Devcon Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Latent Devcon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Latent Devcon 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 Latent Devcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Latent Devcon Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
GST
Latent Devcon has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECL5083H2ZJ | Madhya Pradesh | Active | 28 Feb 2023 |
To see the full GST registrations and return filing status of Latent Devcon Private Limited, buy the company report.
Recent activity
Latent Devcon Private Limited has 7 board changes on record since 2021: 6 appointments and 1 cessation. The latest: Vijay Budhani was appointed as Director on 20 Feb 2025.
Frequently asked questions
Latent Devcon is an active private limited company based in Dewas, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 February 2021 (5+ years old) and is registered under CIN U45309MP2021PTC054829.
Latent Devcon has 5 current directors:
- Vishal Jaiswal - Director
- Dayaprakash Kumawat - Director
- Devang Kapadia - Director
- Vijay Budhani - Director
- Vikas Jaiswal - Director
The latest financial statements of Latent Devcon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Latent Devcon is 23AAECL5083H2ZJ, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Latent Devcon is U45309MP2021PTC054829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latent Devcon was incorporated on 09 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Latent Devcon by revenue are Iceberg Commercial Enterprises Private Limited, Hi-Tech Buildcon Private Limited, Oyster Tracom Private Limited, Aditya Techmach Private Limited, Harshingar Realventure Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vijay Budhani was appointed as Director on 20 Feb 2025. Vikas Jaiswal was appointed as Director on 20 Feb 2025. Dayaprakash Kumawat was appointed as Director on 15 Jan 2022. Latent Devcon has 7 board changes on record in total.
The registered office of Latent Devcon is at Survey No. 542221 Patwari Halka No. 18 Near Pachunkar Colony, Dewas, Madhya Pradesh, India – 455001.
Latent Devcon operates in the real estate and construction industry, in the real estate builders and developers segment.
Latent Devcon can be reached at its registered office: Survey No. 542221 Patwari Halka No. 18 Near Pachunkar Colony, Dewas, Madhya Pradesh, India – 455001.

