About Dev R Nil Design Private Limited
Data last updated:
Dev R Nil Design Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 December 2014.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2014PTC204686. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sneh Maheswari (Irp/Rp/Liquidator) and Debarghya Bairagi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 42P Raja Santosh Road, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.47 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹64,142 (net margin 0.4%) and EBITDA of ₹17.08 Lakh (EBITDA margin 11.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 6% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹63 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in February 2018. Its 5 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is NTM Shawls Private Limited with revenue of ₹1.47 Cr.
The last known website on record is devnil.com.
Company details
Contact details
Dev R Nil Design Private Limited's registered office is in Kolkata, West Bengal. Its website is devnil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address42P Raja Santosh Road, Kolkata, West Bengal, India – 700027
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Dev R Nil Design Private Limited, buy the company report.
- 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 R Nil Design is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dev R Nil Design Private Limited, buy the company report.
Financials of Dev R Nil Design Private Limited
FY 2021 filings availableDev R Nil Design Private Limited reported revenue of ₹1.47 Cr (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 50% fall in the latest year. EBITDA rose 21% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64,142 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Dev R Nil Design Private Limited, buy the company report.
Board of directors of Dev R Nil Design Private Limited
Dev R Nil Design has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneh Maheswari | Irp/Rp/Liquidator | 25 Jul 2024 | 2 Years 3 Months | As last reported |
| Debarghya Bairagi Also directs: Dev Nil Fashion and Interiors Private Limited | Director | 29 Dec 2014 | 11 Years 9 Months | As last reported |
| Navonil Das | Director | 29 Dec 2014 | 11 Years 9 Months | As last reported |
Peer comparison
Dev R Nil Design Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NTM Shawls Private Limited | ₹1.47 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Akash Cotton Mills Private Limited | ₹1.47 Cr (FY 2025) | -34.0% | Howrah, West Bengal, India | |||
| Dev R Nil Design Private Limitedthis company | ₹1.47 Cr (FY 2021) | ₹64,142 | 0.4% | -50.0% | 29 | Kolkata, West Bengal, India |
| Maia Life-Style Private Limited | ₹1.47 Cr (FY 2025) | -55.0% | Rajkot, Gujarat, India | |||
| Jughead Exports Private Limited | ₹1.47 Cr (FY 2025) | -23.0% | Ahmedabad, Gujarat, India | |||
| M C Shah and Sons Investment Company Private Limited | ₹1.47 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Dev R Nil Design Private Limited, buy the company report.
Auditor
Dev R Nil Design Private Limited is audited by MU ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MU ASSOCIATES | FY 2021 | 305265 |
Shareholding
The shareholding of Dev R Nil Design Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dev R Nil Design Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2016 | 100021948 | State Bank of India | ₹63 Lakh | Open |
To see the full charge records of Dev R Nil Design Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Dev R Nil Design Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in February 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Funding round | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dev R Nil Design Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by M/S. M/S Bajaj Finance Ltd. | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Panihati Steels Pvt. Ltd. | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Daulat Sales Agencies Pvt. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Employees State Insurance Corporation | Pending |
To see the full case history of Dev R Nil Design 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
No delayed payments to MSME suppliers are on our record for Dev R Nil Design Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dev R Nil Design Private Limited has a workforce of 29 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Dev R Nil Design has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dev R Nil Design Private Limited, buy the company report.
Recent activity
Dev R Nil Design Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Sneh Maheswari was appointed as Irp/Rp/Liquidator on 25 Jul 2024.
Frequently asked questions
Dev R Nil Design is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Dev R Nil Design is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 December 2014 and is registered under CIN U74900WB2014PTC204686. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dev R Nil Design has 3 current directors:
- Debarghya Bairagi - Director
- Navonil Das - Director
- Sneh Maheswari - Irp/Rp/Liquidator
The latest financial statements of Dev R Nil Design on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dev R Nil Design is U74900WB2014PTC204686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dev R Nil Design has open charges of ₹63 Lakh and no satisfied charges on record as per latest MCA filings.
Dev R Nil Design has 6 court cases on record: 6 filed against it. 2 are pending. Most are in the district courts.
Dev R Nil Design was incorporated on 29 December 2014. It is registered with the Registrar of Companies, Kolkata.
Dev R Nil Design has 1 deal on record (1 funding round), with disclosed funding of ₹9 Lakh; the latest was in February 2018.
The peers of Dev R Nil Design by revenue are NTM Shawls Private Limited, Akash Cotton Mills Private Limited, Maia Life-Style Private Limited, Jughead Exports Private Limited, M C Shah and Sons Investment Company Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sneh Maheswari was appointed as Irp/Rp/Liquidator on 25 Jul 2024. Debarghya Bairagi was appointed as Director on 29 Dec 2014. Navonil Das was appointed as Director on 29 Dec 2014.