About Dev Accelerator Limited
Data last updated: 24 July 2026
Dev Accelerator Limited is a public limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It specialises in support services, a part of the broader services sector. Incorporated on 29 August 2020, the company has been in operation for over 6 years.
Registered with ROC Ahmedabad under CIN L74999GJ2020PLC115984. Listed.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹22.5 Cr. It is led by directors including Yash Himanshu Shah and Jaiminbhai Jagdishbhai Shah.
Last AGM: 29 July 2025. Financial statements filed for year ended 31 March 2025. Office: C – 01 The First Commercial Complex B/S Keshavbaug Party Plot Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹177.89 Cr, a growth of 59% compared to the previous year.
The company has a workforce of approximately 39 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Devx. As per MCA filings, the company has open charges of ₹177.81 Cr and satisfied charges of ₹129.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devx.work.
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Registered AddressC – 01 The First Commercial Complex B/S Keshavbaug Party Plot Vastrapur, Ahmedabad, Gujarat, India – 380015
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IndustryService, Other Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Dev Accelerator Limited
Dev Accelerator Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999GJ2020PLC115984, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999GJ2020PLC115984 | Current |
| U74999GJ2020PLC115984 | Previous |
| U74999GJ2020PTC115984 | Previous |
Associated Brands with Dev Accelerator Limited
Dev Accelerator Limited operates one associated brand: DevX. These brands represent Dev Accelerator Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Dev Accelerator Limited
Brands and companies operating in the same space as Dev Accelerator Limited include WeWork, IndiQube, BHIVE Workspace and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
WeWork
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Flexible office and coworking spaces are provided by WeWork globally. | New York, United States, United States | 2010 |
IndiQube
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Flexible workspace solutions are provided for enterprises, startups, and SMBs. | Bengaluru, India, India | 2015 |
BHIVE Workspace
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Flexible workspace solutions, including coworking and managed offices, are offered. | Bengaluru, India, India | 2014 |
91Springboard
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Operator of shared workspaces, private offices, and virtual office solutions | Mumbai, India, India | 2012 |
iSprout
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Adaptable workspaces with amenities and collaborative features are offered. | Hyderabad, India, India | 2016 |
CorporatEdge
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Operator of flexible workspaces, meeting rooms, virtual offices, and event spaces | Delhi, India, India | 2012 |
Cowrks
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Provider of flexible and customized coworking spaces | Bengaluru, India, India | 2015 |
Business Activity of Dev Accelerator Limited
Dev Accelerator Limited is engaged in the principal business activity of support service to organizations, with detailed activities including other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details for Dev Accelerator Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Dev Accelerator Limited
Dev Accelerator Limited is audited by M/s. Nisarg J Shah & Co for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s. Nisarg J Shah & Co | Locked | Locked | Locked |
Complete auditor history for Dev Accelerator Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Dev Accelerator Limited
Dev Accelerator Limited is currently managed by 10 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Himanshu Shah | Director | 09 May 2024 | 2 Years 2 Months | Current |
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Jaiminbhai Jagdishbhai Shah
Also directs:
Gujarat Apollo Industries Limited, Dev Accelerator Limited, Dev Information Technology Limited and 5 more
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Nominee Director | 29 Aug 2020 | 5 Years 10 Months | Current |
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Umesh Satishkumar Uttamchandani
Also directs:
Dev Accelerator Limited, Saasjoy Solutions Private Limited, Finclave Accel Llp and 5 more
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Managing Director | 29 Aug 2020 | 5 Years 10 Months | Current |
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Rushit Shardulkumar Shah
Also directs:
Dev Accelerator Limited, Las Olas Ventures Llp
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Whole-Time Director | 29 Aug 2020 | 5 Years 10 Months | Current |
| Parth Naimeshbhai Shah | Whole-Time Director | 29 Aug 2020 | 5 Years 10 Months | Current |
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Gopi Trivedi
Also directs:
Dev Accelerator Limited, Y.J. Trivedi Ip Llp, Intellectual Property Protection Organisation Pvt Ltd and 1 more
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Director | 19 Sep 2024 | 1 Years 10 Months | Current |
Financials of Dev Accelerator Limited FY 2025 filings available
Dev Accelerator Limited reported revenue of ₹177.89 Cr (up 59.00% YoY) for FY 2025.
Ten-year financial statements for Dev Accelerator Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Dev Accelerator Limited
Shareholding and ownership data for Dev Accelerator Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Dev Accelerator Limited
Dev Accelerator Limited has 1 subsidiary company and 2 associated companies. This group structure data is as of FY 2025. The corporate group structure reflects Dev Accelerator Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Saasjoy Solutions Private Limited | U58201GJ2023PTC145043 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Dev Accelerator Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2026 | Others | ₹10 Cr | Open |
| 22 Apr 2026 | Others | ₹23.5 Cr | Open |
| 11 Mar 2026 | Others | ₹25 Cr | Open |
| 21 Jan 2026 | Others | ₹5 Cr | Open |
| 21 Jan 2026 | Others | ₹20 Cr | Open |
Total charge records: 27 View all charges
Employees and EPFO Compliance at Dev Accelerator Limited
Dev Accelerator Limited has a workforce of 39 employees as of Sep 25, 2025.
Employee and EPFO history for Dev Accelerator Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Dev Accelerator Limited
GST registrations and filing compliance for Dev Accelerator Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Dev Accelerator Limited
Credit ratings, litigation, and regulatory alerts for Dev Accelerator Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Dev Accelerator Limited
MSME payment history for Dev Accelerator Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Dev Accelerator Limited
Corporate group structure for Dev Accelerator Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dev Accelerator Limited
MCA filings and documents for Dev Accelerator Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Dev Accelerator Limited
Recent News on Dev Accelerator Limited
Frequently Asked Questions about Dev Accelerator Limited
Dev Accelerator Limited is an active public limited company in the service sector based in Ahmedabad, Gujarat, India. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN L74999GJ2020PLC115984. The company has 39 employees.
Dev Accelerator Limited reported revenue of ₹177.89 Cr for FY 2025 (up 59.00% YoY).
The current directors of Dev Accelerator Limited are:
- Yash Himanshu Shah - Director
- Jaiminbhai Jagdishbhai Shah - Nominee Director
- Umesh Satishkumar Uttamchandani - Managing Director
- Rushit Shardulkumar Shah - Whole-Time Director
- Parth Naimeshbhai Shah - Whole-Time Director
- Gopi Trivedi - Director
- Anand Anilbhai Patel - Director
- Anish Alerk Patel - Director
- Pathik Shailesh Patwari - Director
- Praveen Kumar - Director
The primary industry of Dev Accelerator Limited is service. The company specifically operates in other support services. The company is currently active in this sector.
Yes, Dev Accelerator Limited is a listed company.
Yes, Dev Accelerator Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).