
Atlanta Devcon Limited
About Atlanta Devcon Limited
Data last updated:
Atlanta Devcon Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the civil engineering and infrastructure segment of the construction sector. It was incorporated on 05 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ1994PLC061328.
The company has an authorised share capital of ₹14.1 Cr and a paid-up capital of ₹14.06 Cr. It was formerly known as Dharnidhar Global and Infraprojects Limited. It is led by directors including Aswinkumar Tansukhlal Bagdai (Managing Director) and Jitendra Savjibhai Jethwa.
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 1009 Hemkunth Behind Lic Office Ashram Road, Ahmedabad, Gujarat, India – 380006.
The company has 61 deals on record (61 market trades); the latest was in March 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Atlanta Devcon has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45200GJ1994PLC061328, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200GJ1994PLC061328 | Current |
| L18209TN1994PLC027216 | Previous |
| L45200TN1994PLC027216 | Previous |
| L45200GJ1994PLC061328 | Previous |
Contact details
Atlanta Devcon Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address1009 Hemkunth Behind Lic Office Ashram Road, Ahmedabad, Gujarat, India – 380006
- IndustryConstruction, Civil Engineering, Complete Constructions
- 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 Atlanta Devcon Limited
FY 2025 filings availableFinancial Statement Summary
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Atlanta Devcon Limited, buy the company report.
Board of directors of Atlanta Devcon Limited
Atlanta Devcon has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aswinkumar Tansukhlal Bagdai | Managing Director | 06 Sep 2011 | 15 Years 1 Months | Current |
| Jitendra Savjibhai Jethwa Also directs: Tissot Shipping and Logistics Private Limited | Director | 06 Mar 2025 | 1 Years 7 Months | Current |
| Vasanti Alpesh Nagda | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
| Pradeep Syamsundar Swain Also directs: Om Education (IT) Private Limited, Presilco Impex Limited | Director | 10 Nov 2011 | 14 Years 11 Months | Current |
Deals & funding
Atlanta Devcon Limited has 61 deals on record (61 market trades); the latest was in March 2017.
Deals on record (5 of 61)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2011 | Market trade | ₹19.3 Lakh | Seller: Image Equity (India) Private Limited |
| Apr 2011 | Market trade | ₹10.6 Lakh | Seller: Image Equity (India) Private Limited |
| Mar 2011 | Market trade | ₹38.5 Lakh | Buyer: Image Equity (India) Private Limited Seller: 2 individuals |
| Mar 2011 | Market trade | ₹9 Lakh | Seller: Aum Dredging Services Private Limited |
| Jan 2011 | Market trade | ₹7.7 Lakh | Seller: SDK Securities Private Limited |
To see the full deal history of Atlanta Devcon Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Atlanta Devcon 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 Atlanta Devcon 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 Atlanta Devcon Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Atlanta Devcon Limited has 24 board changes on record since 2007: 4 appointments and 20 cessations. The latest: Jitendra Savjibhai Jethwa ceased to be Additional Director on 29 Sep 2025.
15 earlier events are in the company report.
Frequently asked questions
Atlanta Devcon is an active public limited company based in Ahmedabad, Gujarat, India. The company works in civil engineering, within the construction industry. It was incorporated on 05 April 1994 (32+ years old) and is registered under CIN U45200GJ1994PLC061328.
Atlanta Devcon has 4 current directors:
- Aswinkumar Tansukhlal Bagdai - Managing Director
- Jitendra Savjibhai Jethwa - Director
- Vasanti Alpesh Nagda - Director
- Pradeep Syamsundar Swain - Director
The latest financial statements of Atlanta Devcon 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 Atlanta Devcon is U45200GJ1994PLC061328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atlanta Devcon was incorporated on 05 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Atlanta Devcon has 61 deals on record (61 market trades); the latest was in March 2017.
Jitendra Savjibhai Jethwa ceased to be Additional Director on 29 Sep 2025. Jitendra Savjibhai Jethwa was appointed as Director on 06 Mar 2025. Hemanshu Pravinchandra Mehta ceased to be Director on 28 Mar 2019. Atlanta Devcon has 24 board changes on record in total.
The registered office of Atlanta Devcon is at 1009 Hemkunth Behind Lic Office Ashram Road, Ahmedabad, Gujarat, India – 380006.
Atlanta Devcon operates in the construction industry, in the civil engineering segment.
The compliance status of Atlanta Devcon is active non-compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.

