MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0069254
Dev Ornaments LLP
Dev Ornaments LLP - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹30.48 Cr
▲ 92% YoY
Net profit · FY 2022
₹36.66 Lakh
Net margin 1.2%
EBITDA · FY 2022
₹40.44 Lakh
EBITDA margin 1.3%
Contribution obligation
₹5 Lakh
As per LLP agreement
Open charges
₹10.58 Lakh
Secured borrowings
LLP age
9 yrs
Est. 2017
Employees · EPFO
10
Provident fund records
Designated partners
6
As per MCA filings
About Dev Ornaments LLP
Data last updated:
Dev Ornaments LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 28 April 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAJ-2936.
The LLP has a total obligation of contribution of ₹5 Lakh. It is led by designated partners including Rameshchandra Shantilal Shah and Harchandram Dewasi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 1127 Hubtown Solaris N. S. Phadke Marg Sai Wadi Near Fly Over Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹30.48 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹36.66 Lakh (net margin 1.2%) and EBITDA of ₹40.44 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years.
The LLP has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹10.58 Lakh on record. Court records list 1 case involving the LLP, including 1 filed by the LLP.
Dev Ornaments LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0069254).
Company details
LLPIN AAJ-2936
Incorporation Date 28 April 2017
Total Obligation of Contribution ₹5 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-19-0069254
Key People
Rameshchandra Shantilal Shah Designated Partner Harchandram Dewasi Designated Partner Ratanlal Shankerlal Desai Designated Partner Recognitions & Rankings of Dev Ornaments
Contact details
Dev Ornaments LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1127 Hubtown Solaris N. S. Phadke Marg Sai Wadi Near Fly Over Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Dev Ornaments LLP, buy the company report.
Comprehensive company report
Dev Ornaments LLP - 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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Financials of Dev Ornaments LLP
FY 2025 filings availableDev Ornaments LLP reported revenue of ₹30.48 Cr (up 92% YoY) for FY 2022.
Revenue · FY 2022
₹30.48 Cr ▲ 92%
Net profit · FY 2022
₹36.66 Lakh margin 1.2%
EBITDA · FY 2022
₹40.44 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 92%
3 years · compounded
▲ 96%
EBITDA CAGR growth
1 year
▲ 620%
3 years · compounded
▲ 58%
Revenue has grown at a compounded annual rate (CAGR) of 96% over three years, including 92% growth in the latest year. EBITDA rose 620% 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit After Tax | ₹36.66 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Dev Ornaments LLP, buy the company report.
Designated partners of Dev Ornaments LLP
Dev Ornaments has 6 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshchandra Shantilal Shah Also directs: Dev Coatings & Catalysts LLP, Dev Tech India Private Limited | Designated Partner | 01 Mar 2021 | 5 Years 7 Months | Current |
| Harchandram Dewasi | Designated Partner | 01 Mar 2021 | 5 Years 7 Months | Current |
| Ratanlal Shankerlal Desai Also directs: Shree Dev Krupa Industries LLP | Designated Partner | 01 Mar 2021 | 5 Years 7 Months | Current |
| Bharatkumar Shankerbhai Desai Also directs: Shree Dev Krupa Industries LLP, Krazy Kids Toys & Plastic Industries LLP, Devshlok Infrastructure LLP and 3 more | Designated Partner | 01 Mar 2021 | 5 Years 7 Months | Current |
| Rohitbhai Navinchandra Doshi | Designated Partner | 28 Apr 2017 | 9 Years 5 Months | Current |
| Jinesh Jyotindra Shah Also directs: Dev Coatings & Catalysts LLP, Dev Tech India Private Limited, Devam House of Luxury LLP and 1 more | Designated Partner | 28 Apr 2017 | 9 Years 5 Months | Current |
Charges & borrowings
Open charges
₹10.58 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2023 | 100724668 | Hdfc Bank Limited | ₹10.58 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Dev Ornaments LLP has 1 court case on record: 1 filed by Dev Ornaments. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Dev Ornaments LLP, 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 Ornaments LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dev Ornaments LLP has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-44.44%
GST
No GST registration is on our record for Dev Ornaments LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dev Ornaments LLP has 6 designated partner changes on record since 2017: 6 appointments. The latest: Bharatkumar Shankerbhai Desai was appointed as Designated Partner on 01 Mar 2021.
AGM
Dev Ornaments Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Dev Ornaments Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.58 Lakh with Charge ID 100724668 was registered on 03 Feb 2023.
Appointed
Bharatkumar Shankerbhai Desai was appointed as Designated Partner.
Appointed
Harchandram Dewasi was appointed as Designated Partner.
Appointed
Rameshchandra Shantilal Shah was appointed as Designated Partner.
Appointed
Ratanlal Shankerlal Desai was appointed as Designated Partner.
Appointed
Jinesh Jyotindra Shah was appointed as Designated Partner.
Appointed
Rohitbhai Navinchandra Doshi was appointed as Designated Partner.
Incorporation
28 Apr 2017
Dev Ornaments Llp was registered on 28 Apr 2017 with Roc Mumbai I & aged 9 years 5 months as per MCA records.
Frequently asked questions
Dev Ornaments is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 28 April 2017 (9+ years old) and is registered under LLPIN AAJ-2936.
Dev Ornaments has 6 current designated partners:
- Rameshchandra Shantilal Shah - Designated Partner
- Harchandram Dewasi - Designated Partner
- Ratanlal Shankerlal Desai - Designated Partner
- Bharatkumar Shankerbhai Desai - Designated Partner
- Rohitbhai Navinchandra Doshi - Designated Partner
- Jinesh Jyotindra Shah - Designated Partner
The latest financial statements of Dev Ornaments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Dev Ornaments is AAJ-2936. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Dev Ornaments has 1 court case on record: 1 filed by the LLP.
Dev Ornaments was incorporated on 28 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharatkumar Shankerbhai Desai was appointed as Designated Partner on 01 Mar 2021. Harchandram Dewasi was appointed as Designated Partner on 01 Mar 2021. Rameshchandra Shantilal Shah was appointed as Designated Partner on 01 Mar 2021. Dev Ornaments has 6 designated partner changes on record in total.
Yes, Dev Ornaments is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0069254).
The registered office of Dev Ornaments is at 1127 Hubtown Solaris N. S. Phadke Marg Sai Wadi Near Fly Over Andheri East, Mumbai, Maharashtra, India – 400069.
Dev Ornaments operates in the consumer goods industry, in the watches and jewelry manufacturing segment.