MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0179841
Devam Industries Private Limited
Devam Industries Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹159.38 Cr
▼ 24% YoY
Net profit · FY 2025
₹15.72 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹30.67 Lakh
EBITDA margin 0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
5
As per MCA filings
About Devam Industries Private Limited
Data last updated:
Devam Industries Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 July 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2022PTC133553. Its GSTIN is 24AAJCD4105B1ZC (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sanjay Kumar Agrawal and Rasikbhai Parshottambhai Tejani.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.38 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹15.72 Lakh (net margin 0.1%) and EBITDA of ₹30.67 Lakh (EBITDA margin 0.2%).
As per MCA filings, the company has open charges of ₹10 Cr on record.
Devam Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0179841).
Company details
CIN U17299GJ2022PTC133553
Registration Number 133553
Incorporation Date 05 July 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0179841
Key People
Sanjay Kumar Agrawal Director Rasikbhai Parshottambhai Tejani Director Sudesh Chhawchharia Director Recognitions & Rankings of Devam Industries
Contact details
Devam Industries Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address6th Floor Office 6051 Trade House, Ring Road, Surat, Gujarat, India – 395003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Devam Industries Private Limited, buy the company report.
Comprehensive company report
Devam Industries 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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Business activity
The main business activity of Devam Industries 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 Devam Industries Private Limited, buy the company report.
Financials of Devam Industries Private Limited
FY 2025 filings availableDevam Industries Private Limited reported revenue of ₹159.38 Cr (down 24% YoY) for FY 2025.
Revenue · FY 2025
₹159.38 Cr ▼ 24%
Net profit · FY 2025
₹15.72 Lakh margin 0.1%
EBITDA · FY 2025
₹30.67 Lakh margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
EBITDA CAGR growth
1 year
▼ 80%
Revenue fell 24% in the latest year. EBITDA fell 80% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹30.67 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹15.72 Lakh | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.2% | ||
| Net Profit Margin | 0.1% | ||
| 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 Devam Industries Private Limited, buy the company report.
Board of directors of Devam Industries Private Limited
Devam Industries has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar Agrawal | Director | 06 May 2024 | 2 Years 6 Months | Current |
| Rasikbhai Parshottambhai Tejani Also directs: NBD Market Hub Private Limited | Director | 31 Oct 2025 | 1 Years 0 Months | Current |
| Sudesh Chhawchharia Also directs: NBD Market Hub Private Limited | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Praveen Deokinandan Agrawal Also directs: Devam India Private Limited | Director | 05 Jul 2022 | 4 Years 4 Months | Current |
| Nitin Rajkumar Agarwal | Director | 05 Jul 2022 | 4 Years 4 Months | Current |
Auditor
Devam Industries Private Limited is audited by RAJESH BHAUWALA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH BHAUWALA & CO | FY 2024 | 118275W |
Shareholding
The shareholding of Devam Industries Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devam Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2023 | 100757111 | Others | ₹10 Cr | Open |
To see the full charge records of Devam Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Devam Industries 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 Devam Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devam Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCD4105B1ZC | Gujarat | Active | 22 Jul 2022 |
To see the full GST registrations and return filing status of Devam Industries Private Limited, buy the company report.
Recent activity
Devam Industries Private Limited has 7 board changes on record since 2022: 5 appointments and 2 cessations. The latest: Rasikbhai Parshottambhai Tejani was appointed as Director on 31 Oct 2025.
Appointed
Rasikbhai Parshottambhai Tejani was appointed as Director.
AGM
Devam Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 1,000.00 Lakh registered on 12 Jul 2023 with Charge ID 100757111 was modified on 30 Aug 2025.
Appointed
Sudesh Chhawchharia was appointed as Director.
Ceased
Nitin Rajkumar Agarwal ceased to be Director.
Filing
Devam Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ashok Sultania ceased to be Director.
Appointed
Sanjay Kumar Agrawal was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100757111 was registered on 12 Jul 2023.
Appointed
Nitin Rajkumar Agarwal was appointed as Director.
Appointed
Praveen Deokinandan Agrawal was appointed as Director.
Incorporation
05 Jul 2022
Devam Industries Private Limited was registered on 05 Jul 2022 with Roc Ahmedabad & aged 4 years 4 months as per MCA records.
Frequently asked questions
Devam Industries is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 July 2022 (4+ years old) and is registered under CIN U17299GJ2022PTC133553.
Devam Industries has 5 current directors:
- Sanjay Kumar Agrawal - Director
- Rasikbhai Parshottambhai Tejani - Director
- Sudesh Chhawchharia - Director
- Praveen Deokinandan Agrawal - Director
- Nitin Rajkumar Agarwal - Director
The latest financial statements of Devam Industries 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 FY 2023 are in the company report.
The GSTIN of Devam Industries is 24AAJCD4105B1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Devam Industries is U17299GJ2022PTC133553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devam Industries was incorporated on 05 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rasikbhai Parshottambhai Tejani was appointed as Director on 31 Oct 2025. Sudesh Chhawchharia was appointed as Director on 20 Aug 2025. Nitin Rajkumar Agarwal ceased to be Director on 17 Jun 2025. Devam Industries has 7 board changes on record in total.
Yes, Devam Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0179841).
The registered office of Devam Industries is at 6th Floor Office 6051 Trade House, Ring Road, Surat, Gujarat, India – 395003.
Devam Industries operates in the manufacturing industry, in the textile and fabric production segment.
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