MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0003145
Dev IT Serv Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹300.26 Cr
▼ 39% YoY
Net profit · FY 2025
₹3.4 Cr
Net margin 1.1%
EBITDA · FY 2025
₹19.38 Cr
EBITDA margin 6.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹14.1 Lakh
Issued & subscribed
Open charges
₹258.7 Cr
Satisfied ₹149 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
382
Provident fund records
About Dev IT Serv Private Limited
Data last updated:
Dev IT Serv Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 13 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2005PTC137515. Its GSTIN is 07AACCD2388K1ZF (Delhi). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹14.1 Lakh. It was formerly known as Dev Comptech Private Limited. It is led by directors Raju Yadav and Sudip Pal.
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 B1/14 Basement Eros Apartment 56 Nehru Place Near Market, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹300.26 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Cr (net margin 1.1%) and EBITDA of ₹19.38 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
The company has about 382 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dev systems. As per MCA filings, the company has open charges of ₹258.7 Cr and satisfied charges of ₹149 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 2 cases are pending. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2021. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 135 overdue payments to 46 micro and small suppliers.
Dev IT Serv Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0003145). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ditserv.com.
Company details
CIN U72200DL2005PTC137515
Registration Number 137515
Incorporation Date 13 June 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-05-0003145
Key People
Raju Yadav Director Sudip Pal Director Recognitions & Rankings of Dev IT Serv
Contact details
Dev IT Serv Private Limited's registered office is in New Delhi, Delhi. Its website is ditserv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB1/14 Basement Eros Apartment 56 Nehru Place Near Market, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Dev IT Serv Private Limited, buy the company report.
Comprehensive company report
Dev IT Serv Private Limited - one report that includes everything
- 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
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Brands
Dev IT Serv operates one associated brand: Dev systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides technology solutions to enable digital transformation for organizations. | devsystems.in |
Business activity
The main business activity of Dev IT Serv is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Dev IT Serv Private Limited, buy the company report.
Financials of Dev IT Serv Private Limited
FY 2025 filings availableDev IT Serv Private Limited reported revenue of ₹300.26 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹300.26 Cr ▼ 39%
Net profit · FY 2025
₹3.4 Cr margin 1.1%
EBITDA · FY 2025
₹19.38 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 5%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 10%
5 years · compounded
▲ 18%
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 28% 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 | ₹19.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.4 Cr | ||||
| 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 | 6.5% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 IT Serv Private Limited, buy the company report.
Board of directors of Dev IT Serv Private Limited
Dev IT Serv has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raju Yadav Also directs: Bluemonk Infra LLP, Sunfest Infratech & Power Private Limited, Bluemonk Ventures Private Limited and 2 more | Director | 01 Sep 2021 | 5 Years 2 Months | Current |
| Sudip Pal Also directs: Needbased Communication Private Limited. | Director | 15 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Dev IT Serv Private Limited is audited by A R S S H & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R S S H & Associates | FY 2023 | 031829N |
Shareholding
The shareholding of Dev IT Serv Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dev IT Serv Private Limited, buy the company report.
Charges & borrowings
Open charges
₹258.7 Cr
Satisfied charges
₹149 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2025 | 101098954 | Others | ₹15 Cr | Open | |
| 29 Aug 2024 | 100978765 | Others | ₹2.18 Cr | Open | |
| 28 Aug 2024 | 100991098 | Hdfc Bank Limited | ₹22.33 Lakh | Open | |
| 05 Jul 2024 | 100971845 | Hdfc Bank Limited | ₹30.14 Lakh | Open | |
| 25 Jan 2024 | 100892219 | Hdfc Bank Limited | ₹32.98 Lakh | Open |
To see the full charge records of Dev IT Serv Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Dev IT Serv Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2021.
Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹2 Cr | Investors: 2 individuals |
| Mar 2016 | Rights issue | ₹45 Lakh | Investors: 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dev IT Serv Private Limited has 10 court cases on record: 7 filed by Dev IT Serv, 3 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed by the company
7
Filed against the company
3
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Appeal | Filed against the company by DLF Pramerica Life Insurance Co. Ltd | Disposed |
| High Court, HARYANA | Arbitration matter | Filed by the company against M/S Orient Craft Ltd | Disposed |
| High Court, HARYANA | Appeal | Filed against the company by DLF Pramerica Life Insurance Comp. Ltd. and 1 other | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Chhattisgarh Education Foundation Through Its President Vikram Pratap Singh | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed by the company against DLF Pramerica Life Insurance Co Ltd | Disposed |
To see the full case history of Dev IT Serv Private Limited, 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
Dev IT Serv Private Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 135 overdue payments to 46 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 46)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Deliveryontime Logistics Private Limited | |||
| an individual supplier | |||
| Oxford Express Private Limited | |||
| Prakash Air Freight India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Dev IT Serv Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dev IT Serv Private Limited has a workforce of 382 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
382
Active EPFO establishments
1
Employee growth
26.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 382 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dev IT Serv Private Limited, buy the company report.
GST
Dev IT Serv has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
6
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCD2388K1ZF | Delhi | Active | 01 Jul 2017 |
| 06AACCD2388K1ZH | Haryana | Active | 01 Jul 2017 |
| 27AACCD2388K1ZD | Maharashtra | Active | 01 Jul 2017 |
| 29AACCD2388K1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dev IT Serv Private Limited, buy the company report.
Recent activity
Dev IT Serv Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Mukta Kapoor ceased to be Additional Director on 01 Sep 2021.
Charges
A charge with Others of Rs. 1,500.00 Lakh registered on 26 May 2025 with Charge ID 101098954 was modified on 10 Oct 2025.
AGM
Dev It Serv Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,500.00 Lakh with Charge ID 101098954 was registered on 26 May 2025.
Filing
Dev It Serv Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 23,211.28 Lakh registered on 24 Nov 2011 with Charge ID 10329421 was modified on 10 Nov 2024.
Charges
A charge with Others amounted to Rs. 217.79 Lakh with Charge ID 100978765 was registered on 29 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.33 Lakh with Charge ID 100991098 was registered on 28 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.14 Lakh with Charge ID 100971845 was registered on 05 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.98 Lakh with Charge ID 100892219 was registered on 25 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.26 Lakh with Charge ID 100807450 was registered on 25 Oct 2023.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 250.00 Lakh registered on 16 Dec 2021 with Charge ID 100593386 was modified on 25 Oct 2023.
Charges
A charge with Others amounted to Rs. 341.51 Lakh with Charge ID 100794833 was registered on 25 Sep 2023.
35 earlier events are in the company report.
Frequently asked questions
Dev IT Serv is an active private limited company based in New Delhi, Delhi, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 13 June 2005 (21+ years old) and is registered under CIN U72200DL2005PTC137515.
Dev IT Serv has 2 current directors:
- Raju Yadav - Director
- Sudip Pal - Director
The latest financial statements of Dev IT Serv 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 GSTIN of Dev IT Serv is 07AACCD2388K1ZF, registered in Delhi. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 06AACCD2388K1ZH (Haryana), 27AACCD2388K1ZD (Maharashtra), 29AACCD2388K1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Dev IT Serv is U72200DL2005PTC137515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev IT Serv has 10 court cases on record: 7 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Dev IT Serv was incorporated on 13 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Dev IT Serv has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2021.
Mukta Kapoor ceased to be Additional Director on 01 Sep 2021. Raju Yadav was appointed as Director on 01 Sep 2021. Sudip Pal ceased to be Additional Director on 01 Sep 2021. Dev IT Serv has 8 board changes on record in total.
Yes, Dev IT Serv is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0003145).
Dev IT Serv has 11 MSME Form 1 returns on record between 2020 and 2024, listing 135 overdue payments to 46 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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