Dev Accelerator Limited - Company Profile

Q: Who are the current directors of Dev Accelerator Limited?

The current directors of Dev Accelerator Limited are Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah, Pathik Shailesh Patwari, Anish Alerk Patel, Jaiminbhai Jagdishbhai Shah, Rushit Shardulkumar Shah, Yash Himanshu Shah, Praveen Kumar, Anand Anilbhai Patel, Gopi Trivedi.

It is a service public limited company based in Ahmedabad, Gujarat, India, established in 2020.

2020 Ahmedabad, Gujarat, India Active

Last Updated: January 09, 2026

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About Dev Accelerator Limited

Dev Accelerator Limited, a active public limited company, was established on 29 August 2020 in Ahmedabad, Gujarat, India. Engaging in other support services within the support service to organizations sector, it holds CIN: L74999GJ2020PLC115984. Registered under ROC Roc Ahmedabad. it is listed. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹21.62 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹62.16 Cr and a net worth of ₹1.34 Cr. Employing 39 professional, Its leadership includes Umesh Satishkumar Uttamchandani (Managing Director), Parth Naimeshbhai Shah (Whole-Time Director), Pathik Shailesh Patwari (Director). Past directors included Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah, Jaiminbhai Jagdishbhai Shah. It holds ₹104.91 Cr open charges and ₹113.70 Cr settled loans. Its latest AGM occurred on 29 July 2025, with the balance sheet filed on 31 March 2025. It is based at C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat, 380015.

Company Details

CIN/LLPIN
L74999GJ2020PLC115984
Registration Number
115984
Incorporation Date
29 August 2020
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹21.62 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 09-01-2026
Paid Up Capital ₹ 21.62 Cr as on 09-01-2026
Company Age 5 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 104.91 Cr as on 09-01-2026
Satisfied Charges ₹ 113.70 Cr as on 09-01-2026

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Who are the key members and board of directors at Dev Accelerator Limited?

Current Directors

Name	Designation	Appointment Date	Status
Umesh Satishkumar Uttamchandani	Managing Director	29 Aug 2020	Current
Parth Naimeshbhai Shah	Whole-Time Director	29 Aug 2020	Current
Pathik Shailesh Patwari	Director	03 Sep 2024	Current
Anish Alerk Patel	Director	03 Sep 2024	Current
Jaiminbhai Jagdishbhai Shah	Nominee Director	29 Aug 2020	Current
Rushit Shardulkumar Shah	Whole-Time Director	29 Aug 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	18 Sep 2024	Past
Pramod Abcsdd	Director	18 Sep 2024	Past
Pramod Abcsdd	Director	23 Sep 2024	Past
Pramod Abcsdd	Director	18 Sep 2024	Past
Pramod Abcsdd	Director	15 Feb 2021	Past

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Financial Performance of Dev Accelerator.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Dev Accelerator?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,049,100,000.00

Satisfied Charges

₹1,137,000,000.00

Charges Breakdown by Lending Institutions

Others : 38.40 Cr
Axis Bank Limited : 35.00 Cr
Hdfc Bank Limited : 25.51 Cr
The Hongkong And Shanghai Banking Corporation Limited : 6.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Oct 2025	Others	₹25.00 Cr	Open
30 Sep 2025	Hdfc Bank Limited	₹25.51 Cr	Open
26 Sep 2025	Axis Bank Limited	₹35.00 Cr	Open
22 Jul 2025	Others	₹1.50 Cr	Open
30 Jan 2025	Others	₹4.00 Cr	Open

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How Many Employees Work at Dev Accelerator?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Dev Accelerator

Recent Activity within the Organization

Charges

The activity A charge registered on 21 Apr 2025 via Charge ID 101082900 with Others was fully satisfied on 17 Dec 2025. was completed.
17 Dec 2025
Charges

A charge registered on 22 Nov 2024 via Charge ID 101030334 with Others was fully satisfied on 09 Dec 2025. was recorded as a recent event.
09 Dec 2025
Charges

A charge registered on 24 Apr 2024 via Charge ID 100921712 with Others was fully satisfied on 09 Dec 2025. was recorded as a recent event.
09 Dec 2025
Charges

Progress on A charge registered on 01 Feb 2024 via Charge ID 100906757 with Others was fully satisfied on 09 Dec 2025. was documented.
09 Dec 2025
Charges

A charge registered on 15 Nov 2023 via Charge ID 100835588 with Others was fully satisfied on 09 Dec 2025. was recorded as a recent event.
09 Dec 2025
Charges

Progress on A charge registered on 13 Feb 2024 via Charge ID 100883676 with Others was fully satisfied on 05 Dec 2025. was documented.
05 Dec 2025

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