MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0043382
Devang Synthetics Pvt Ltd
Devang Synthetics Pvt Ltd - manufacturing in Kudsad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.79 Lakh
▼ 92% YoY
Net loss · FY 2025
₹1.77 Lakh
Net margin -98.4%
EBITDA · FY 2025
-₹1.77 Lakh
EBITDA margin -98.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹5.8 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
32 yrs
Est. 1994
Directors on board
3
As per MCA filings
About Devang Synthetics Pvt Ltd
Data last updated:
Devang Synthetics Pvt Ltd is a private limited company based in Kudsad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC022349. Its GSTIN is 24AABCD2450P1ZN (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.8 Lakh. It is led by directors including Shashikant Bhagvanbhai Gujarati and Ashwinkumar Bhagwanbhai Gujarati.
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 Kudsad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Lakh (net margin -98.4%) and EBITDA of -₹1.77 Lakh (EBITDA margin -98.4%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
Devang Synthetics Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0043382). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1994PTC022349
Registration Number 022349
Incorporation Date 27 June 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0043382
Key People
Shashikant Bhagvanbhai Gujarati Director Ashwinkumar Bhagwanbhai Gujarati Director Bhavnaben Shashikant Gujarati Director Recognitions & Rankings of Devang Synthetics
Contact details
Devang Synthetics Pvt Ltd's registered office is in Kudsad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.143 &174 Block No.805 Near Swaminarayan Temple Station Road K, Im, Kudsad, Gujarat, India – 394110
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Devang Synthetics Pvt Ltd, buy the company report.
Comprehensive company report
Devang Synthetics Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Devang Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Devang Synthetics Pvt Ltd, buy the company report.
Financials of Devang Synthetics Pvt Ltd
FY 2025 filings availableDevang Synthetics Pvt Ltd reported revenue of ₹1.79 Lakh (down 92% YoY) for FY 2025.
Revenue · FY 2025
₹1.79 Lakh ▼ 92%
Net loss · FY 2025
₹1.77 Lakh margin -98.4%
EBITDA · FY 2025
-₹1.77 Lakh margin -98.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 75%
5 years · compounded
▼ 58%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 34%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 92% fall in the latest year. EBITDA rose 58% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹1.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.77 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -98.4% | ||||
| Net Profit Margin | -98.4% | ||||
| 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 Devang Synthetics Pvt Ltd, buy the company report.
Board of directors of Devang Synthetics Pvt Ltd
Devang Synthetics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant Bhagvanbhai Gujarati Also directs: Kishan Fashions Pvt Ltd, Reborn Revolution Private Limited | Director | 10 Sep 2000 | 26 Years 1 Months | Current |
| Ashwinkumar Bhagwanbhai Gujarati | Director | 27 Jun 1994 | 32 Years 4 Months | Current |
| Bhavnaben Shashikant Gujarati | Director | 28 Sep 2001 | 25 Years 1 Months | Current |
Auditor
Devang Synthetics Pvt Ltd is audited by B. M. KANANI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. M. KANANI & ASSOCIATES | FY 2022 | 036230 |
Shareholding
The shareholding of Devang Synthetics Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devang Synthetics Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2011 | 10293146 | Rajkot Nagrik Sahakari Bank Ltd | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Devang Synthetics Pvt Ltd 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 Devang Synthetics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devang Synthetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD2450P1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devang Synthetics Pvt Ltd, buy the company report.
Recent activity
Devang Synthetics Pvt Ltd has 3 board changes on record since 1994: 3 appointments. The latest: Bhavnaben Shashikant Gujarati was appointed as Director on 28 Sep 2001.
AGM
Devang Synthetics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devang Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Rajkot Nagrik Sahakari Bank Ltd amounted to Rs. 30.00 Lakh with Charge ID 10293146 was registered on 01 Jun 2011.
Appointed
Bhavnaben Shashikant Gujarati was appointed as Director.
Appointed
Shashikant Bhagvanbhai Gujarati was appointed as Director.
Appointed
Ashwinkumar Bhagwanbhai Gujarati was appointed as Director.
Incorporation
27 Jun 1994
Devang Synthetics Pvt Ltd was registered on 27 Jun 1994 with Roc Ahmedabad & aged 32 years 4 months as per MCA records.
Frequently asked questions
Devang Synthetics is an active private limited company based in Kudsad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 June 1994 (32+ years old) and is registered under CIN U17119GJ1994PTC022349.
Devang Synthetics has 3 current directors:
- Shashikant Bhagvanbhai Gujarati - Director
- Ashwinkumar Bhagwanbhai Gujarati - Director
- Bhavnaben Shashikant Gujarati - Director
The latest financial statements of Devang Synthetics 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 2015 are in the company report.
The GSTIN of Devang Synthetics is 24AABCD2450P1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Devang Synthetics is U17119GJ1994PTC022349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devang Synthetics was incorporated on 27 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhavnaben Shashikant Gujarati was appointed as Director on 28 Sep 2001. Shashikant Bhagvanbhai Gujarati was appointed as Director on 10 Sep 2000. Ashwinkumar Bhagwanbhai Gujarati was appointed as Director on 27 Jun 1994.
Yes, Devang Synthetics is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0043382).
The registered office of Devang Synthetics is at Plot No.143 &174 Block No.805 Near Swaminarayan Temple Station Road K, Im, Kudsad, Gujarat, India – 394110.
Devang Synthetics operates in the manufacturing industry, in the textile and fabric production segment.