Dev2source IT Services Private Limited
About Dev2source IT Services Private Limited
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Dev2source IT Services Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 17 May 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2007PTC163589.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vivek Ratna and Ranjan Ratna.
Its last annual general meeting (AGM) was held on 16 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at A – 13 Gulmohar Park, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2020, the company reported a revenue of ₹70,507, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹3.32 Lakh (net margin -471.5%) and EBITDA of -₹3.25 Lakh (EBITDA margin -461.3%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 54% over five years.
Company details
Contact details
Dev2source IT Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 13 Gulmohar Park, New Delhi, Delhi, India – 110049
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Dev2source IT Services 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
Financials of Dev2source IT Services Private Limited
FY 2020 filings availableDev2source IT Services Private Limited reported revenue of ₹70,507 (down 54% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 54% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹3.25 Lakh | ||||
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| Net Profit (PAT) | -₹3.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -461.3% | ||||
| Net Profit Margin | -471.5% | ||||
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To see the full financial statements and ratios of Dev2source IT Services Private Limited, buy the company report.
Board of directors of Dev2source IT Services Private Limited
Dev2source IT Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Ratna Also directs: Poseidon Real Estate Private Limited | Director | 17 May 2007 | 19 Years 5 Months | As last reported |
| Ranjan Ratna | Director | 03 Sep 2008 | 18 Years 2 Months | As last reported |
Auditor
Dev2source IT Services Private Limited is audited by P K SHARMA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K SHARMA & CO. | FY 2017 | 003771C |
Shareholding
The shareholding of Dev2source IT Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dev2source IT Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dev2source IT Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dev2source IT Services Private Limited; 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 Dev2source IT Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dev2source IT Services Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Ranjan Ratna ceased to be Additional Director on 11 Oct 2008.
Frequently asked questions
Dev2source IT Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Dev2source IT Services was a private limited company based in New Delhi, Delhi, India. The company worked in consultancy, within the information technology industry. It was incorporated on 17 May 2007 and is registered under CIN U72300DL2007PTC163589. The company has been struck off by the Registrar of Companies and is no longer operational.
Dev2source IT Services had 2 directors:
- Vivek Ratna - Director
- Ranjan Ratna - Director
The CIN (Corporate Identification Number) of Dev2source IT Services is U72300DL2007PTC163589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dev2source IT Services is at A – 13 Gulmohar Park, New Delhi, Delhi, India – 110049.
Dev2source IT Services was incorporated on 17 May 2007. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Dev2source IT Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 16 November 2020. Year-wise statements from 2015 are in the company report.
Dev2source IT Services operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.
Ranjan Ratna ceased to be Additional Director on 11 Oct 2008. Hemant Sangal ceased to be Director on 03 Sep 2008. Ranjan Ratna was appointed as Director on 03 Sep 2008. Dev2source IT Services has 4 board changes on record in total.
The compliance status of Dev2source IT Services is compliant as of 04 August 2026.
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