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, Parthiv Pankajbhai Panchal, Parin Jitendrabhai Shah, Anjan Pareshkumar Trivedi.

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

2020 Ahmedabad, Gujarat, India Active

Last Updated: June 04, 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 service 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 2025, it reported revenue of ₹148.86 Cr and a net worth of ₹54.57 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 ₹167.81 Cr open charges and ₹129.20 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 04-06-2026
Paid Up Capital ₹ 21.62 Cr as on 04-06-2026
Company Age 5 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 167.81 Cr as on 04-06-2026
Satisfied Charges ₹ 129.20 Cr as on 04-06-2026
Revenue Growth **** 47.07% (FY 2025)
Profit Growth **** 191.77% (FY 2025)
Ebitda **** 18.10% (FY 2025)
Net Worth 88.23% (FY 2025)
Total Assets **** 26.76% (FY 2025)

Comprehensive Company Insights

Explore comprehensive insights into Dev Accelerator Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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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.

Dev Accelerator Limited, for the financial year ended 2025, experienced significant growth in revenue, with a 47.07% increase. The company also saw a substantial improvement in profitability, with a 191.77% increase in profit. The company's net worth Soared by an impressive increase of 88.23%.

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

********

47.07%

*******

Revenue from Operations

*******

29.42%

*******

Total Assets

*******

26.76%

*******

Profit or Loss

*******

191.77%

*******

Net Worth

*******

88.23%

*******

EBITDA

*******

18.10%

*******

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What is the Ownership and Shareholding Structure of Dev Accelerator?

In 2025, Dev Accelerator had a promoter holding of 49.79% and a public holding of 100.42%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹1,678,100,000.00

Satisfied Charges

₹1,292,000,000.00

Charges Breakdown by Lending Institutions

Others : 107.30 Cr
Axis Bank Limited : 35.00 Cr
Hdfc Bank Limited : 25.51 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Apr 2026	Others	₹23.50 Cr	Open
11 Mar 2026	Others	₹25.00 Cr	Open
21 Jan 2026	Others	₹5.00 Cr	Open
21 Jan 2026	Others	₹20.00 Cr	Open
19 Jan 2026	Others	₹4.90 Cr	Open

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How Many Employees Work at Dev Accelerator?

Dev Accelerator has a workforce of 39 employees as of Sep 25, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Dev Accelerator, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Dev Accelerator's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Dev Accelerator

Recent Activity within the Organization

Charges

A charge registered on 22 Jul 2025 via Charge ID 101130015 with Others was fully satisfied on 22 May 2026. was recorded as a recent event.
22 May 2026
Charges

A charge with Others amounted to Rs. 23.50 Cr with Charge ID 101286640 was registered on 22 Apr 2026. was recorded as a recent event.
22 Apr 2026
Charges

The activity A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101258247 was registered on 11 Mar 2026. was completed.
11 Mar 2026
Charges

A charge registered on 30 Jan 2025 via Charge ID 101041667 with Others was fully satisfied on 24 Feb 2026. was recorded as a recent event.
24 Feb 2026
Charges

A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101236336 was registered on 21 Jan 2026. was recorded as a recent event.
21 Jan 2026
Charges

Progress on A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101236343 was registered on 21 Jan 2026. was documented.
21 Jan 2026

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