About Devam Electric Vehicles Private Limited
Data last updated: 13 March 2026
Devam Electric Vehicles Private Limited is a private limited company based in Pardi, Gujarat, India, recognised as a startup by DPIIT. It specialises in electrical and bio fuel vehicles, a part of the broader automotive sector. Incorporated on 29 December 2014, the company has been in operation for over 12 years.
Registered with ROC Ahmedabad under CIN U34102GJ2014PTC081657.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anurag Kar and Dharmendra Navin Sinha.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Pardi, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.77 Lakh, a decline of 7% compared to the previous year.
The company is associated with 1 brand - Devam Electric Vehicles.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devamev.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressShop No.8, The Grand Edge Galaxy Compound 1St Floor Survey No.578/P Gidc, Pardi, Gujarat, India – 396191
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IndustryAutomotive, Electrical and Bio Fuel Vehicles
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Devam Electric Vehicles Private Limited
Devam Electric Vehicles Private Limited operates one associated brand: Devam Electric Vehicles. These brands represent Devam Electric Vehicles Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Helicopter industry resources and job board are provided. | devamev.com |
Competitors & Alternatives of Devam Electric Vehicles Private Limited
Brands and companies operating in the same space as Devam Electric Vehicles Private Limited include ETO Motors, Atul Greentech, Montra Electric and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ETO Motors
|
Online platform offering electric vehicles and fleet management solutions | Hyderabad, India, India | 2018 |
Atul Greentech
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Electric rickshaws are manufactured and developed by Atul Greentech. | Ahmedabad, India, India | 2020 |
Montra Electric
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Electric three-wheelers are manufactured by Montra Electric in India. | Chennai, India, India | 2020 |
3evi
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Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | Bengaluru, India, India | 2019 |
GMW
|
Platform offering electric mobility solutions | Hyderabad, India, India | 2010 |
eblu
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Develops innovative technologies for electric autorickshaws. | Raipur, India, India | 2019 |
Indo Wagen
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Produces eco-friendly electric rickshaws and e-carts for transportation needs. | Kolkata, India, India | 2013 |
TI Clean Mobility
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Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | Chennai, India, India | 2022 |
Business Activity of Devam Electric Vehicles Private Limited
Devam Electric Vehicles Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Devam Electric Vehicles Private Limited
Devam Electric Vehicles Private Limited is audited by MSDP & CO. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSDP & CO. | blur-value | blur-value | blur-value |
Board of Directors of Devam Electric Vehicles Private Limited
Devam Electric Vehicles Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Anurag Kar
Also directs:
Lords Mark Organics India Private Limited, Lords Mark Biotech Private Limited, Lords Green Energy Private Limited and 1 more
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Additional Director | 13 Jan 2022 | 4 Years 5 Months | Current |
| Dharmendra Navin Sinha | Director | 20 Feb 2023 | 3 Years 4 Months | Current |
Financials of Devam Electric Vehicles Private Limited FY 2025 filings available
Devam Electric Vehicles Private Limited reported revenue of ₹37.77 Lakh (down 7% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Devam Electric Vehicles Private Limited
As of FY 2022, Devam Electric Vehicles Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Devam Electric Vehicles Private Limited
Devam Electric Vehicles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devam Electric Vehicles Private Limited
View historical data on people associated with Devam Electric Vehicles Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Devam Electric Vehicles Private Limited
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GST Compliance of Devam Electric Vehicles Private Limited
GSTIN & GST Filing Data of Devam Electric Vehicles Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Devam Electric Vehicles Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Devam Electric Vehicles Private Limited
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MSME Payment Delays by Devam Electric Vehicles Private Limited
MSME Payment Delays by Devam Electric Vehicles Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Devam Electric Vehicles Private Limited
Subsidiaries & Group Companies of Devam Electric Vehicles Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Devam Electric Vehicles Private Limited with ownership details.
MCA Filings & Documents of Devam Electric Vehicles Private Limited
MCA Filings & Documents of Devam Electric Vehicles Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Devam Electric Vehicles Private Limited
Frequently Asked Questions about Devam Electric Vehicles Private Limited
Devam Electric Vehicles Private Limited is an active private limited company in the automotive sector based in Pardi, Gujarat, India. It was incorporated on 29 December 2014 (12+ years old) and is registered under CIN U34102GJ2014PTC081657.
Devam Electric Vehicles Private Limited reported revenue of ₹37.77 Lakh for FY 2024 (down 7.00% YoY).
The current directors of Devam Electric Vehicles Private Limited are:
The primary industry of Devam Electric Vehicles Private Limited is automotive. The company specifically operates in electrical and bio fuel vehicles. The company is currently active in this sector.
Yes, Devam Electric Vehicles Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Devam Electric Vehicles Private Limited can be reached at the registered office: Shop No.8, The Grand Edge Galaxy Compound 1St Floor Survey No.578P Gidc, Pardi, Gujarat, India – 396191, or through the website devamev.com.