Dev Holdings Ltd
About Dev Holdings Ltd
Data last updated:
Dev Holdings Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the fund segment of the financial services sector. It was incorporated on 11 February 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1982PLC032354.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Ashish Kirtania (Whole-Time Director) and Sharad Somany.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19/20 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.15 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.61 Lakh (net margin 36.4%) and EBITDA of ₹7.04 Lakh (EBITDA margin 38.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 27% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Dev Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67120WB1982PLC032354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1982PLC032354 | Current |
| L67120WB1982PLC032354 | Previous |
| U67120WB1979PTC032354 | Previous |
Contact details
Dev Holdings Ltd's registered office is in Kolkata, West Bengal.
- Registered Address19/20 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059
- IndustryFinancial Services, Fund, Trust, Other Financial Holding
- 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
Business activity
The main business activity of Dev Holdings is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Dev Holdings Ltd, buy the company report.
Financials of Dev Holdings Ltd
FY 2025 filings availableDev Holdings Ltd reported revenue of ₹18.15 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.61 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.8% | ||||
| Net Profit Margin | 36.4% | ||||
| 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 Dev Holdings Ltd, buy the company report.
Board of directors of Dev Holdings Ltd
Dev Holdings has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kirtania Also directs: India Century Advisory Company Private Limited, Abohar Developers LLP, Savayava Farm Products LLP and 5 more | Whole-Time Director | 10 Jan 2008 | 18 Years 10 Months | Current |
| Sharad Somany Also directs: Arp Family Office LLP, Mercury Investments Limited, Landmark Land Holdings Private Limited and 4 more | Director | 05 Apr 2002 | 24 Years 7 Months | Current |
| Devpriya Somany | Director | 30 Oct 2008 | 18 Years 0 Months | Current |
Peer comparison
Dev Holdings Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nityashri Chits and Investments Private Limited | ₹19.49 Lakh (FY 2017) | -40.0% | Bangalore, Karnataka, India | |||
| Yahweh Investments India Private Limited | ₹19.47 Lakh (FY 2023) | 10.0% | Bangalore, Karnataka, India | |||
| Statcom Cfo Services Private Limited | ₹19.19 Lakh (FY 2025) | 0.0% | Secunderabad, Telangana, India | |||
| Arb Chit Fund Pvt Ltd | ₹19.04 Lakh (FY 2025) | 7.0% | Gurugram, Haryana, India | |||
| Rudramani Nidhi Limited | ₹18.51 Lakh (FY 2020) | Indore, Madhya Pradesh, India | ||||
| Dev Holdings Ltdthis company | ₹18.15 Lakh (FY 2025) | ₹6.61 Lakh | 36.4% | -2.0% | Kolkata, West Bengal, India | |
| Mishan Infrastructure Private Limited | ₹18.11 Lakh (FY 2024) | -62.0% | Kolkata, West Bengal, India | |||
| Quick Paisa Solution Private Limited | ₹18.09 Lakh (FY 2025) | 97.0% | Delhi, India | |||
| Ushodhaya Chit Fund Private Limited | ₹17.96 Lakh (FY 2025) | -47.0% | Luxettipet, Telangana, India | |||
| Shree Ganeshdeva Finvest Nidhi Limited | ₹17.95 Lakh (FY 2018) | 322.0% | Sunam, Punjab, India | |||
| Sri Varidhi Chits Private Limited | ₹17.93 Lakh (FY 2019) | Bangalore, Karnataka, India |
To see the full peer comparison of Dev Holdings Ltd, buy the company report.
Legal cases
Dev Holdings Ltd has 3 court cases on record: 1 filed by Dev Holdings, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by State of West Bengal | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Deputy Registrar of Companies | Pending |
| High Court | Court case (COP) | Filed by the company against M/S Crown Ceremics Ltd Alwar | Disposed |
To see the full case history of Dev Holdings Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dev Holdings Ltd; 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 Dev Holdings Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dev Holdings Ltd has 13 board changes on record since 2002: 3 appointments and 10 cessations. The latest: Shashi Kumar Somany ceased to be Director on 28 Feb 2025.
4 earlier events are in the company report.
Frequently asked questions
Dev Holdings is an active public limited company based in Kolkata, West Bengal, India. The company works in fund, within the financial services industry. It was incorporated on 11 February 1982 (44+ years old) and is registered under CIN U67120WB1982PLC032354.
Dev Holdings has 3 current directors:
- Ashish Kirtania - Whole-Time Director
- Sharad Somany - Director
- Devpriya Somany - Director
The latest financial statements of Dev Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dev Holdings is U67120WB1982PLC032354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev Holdings has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Dev Holdings was incorporated on 11 February 1982, making it 44+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Dev Holdings by revenue are Nityashri Chits and Investments Private Limited, Yahweh Investments India Private Limited, Statcom Cfo Services Private Limited, Arb Chit Fund Pvt Ltd, Rudramani Nidhi Limited and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).
Shashi Kumar Somany ceased to be Director on 28 Feb 2025. Shivani Dev Priya Somany ceased to be Director on 28 Feb 2025. Sanjiv Sharma ceased to be CFO on 10 Jan 2025. Dev Holdings has 13 board changes on record in total.
The registered office of Dev Holdings is at 1920 Trinath Building Gc 19 Narayantala West, Kolkata, West Bengal, India – 700059.
Dev Holdings operates in the financial services industry, in the fund segment.
The compliance status of Dev Holdings is compliant as of 21 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
