About Devanshi Exports Private Limited
Data last updated:
Devanshi Exports Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the winter and seasonal wear segment of the fashion and textiles sector. It was incorporated on 21 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2003PTC120455. Its GSTIN is 07AAHCS2085F1ZC (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It was formerly known as Shriya Shawls Private Limited. It is led by directors Subhashini Jain and Samir Jain.
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 132 Vir Nagarjain Colony, New Delhi, Delhi, India – 110007.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.85 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -17.6%) and EBITDA of -₹1.1 Cr (EBITDA margin -10.2%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹8.36 Cr and satisfied charges of ₹17.79 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devanshiexports.com.
Company details
CIN history
Devanshi Exports has one previous CIN (Corporate Identification Number): U18101DL2003PTC120455. The current CIN is U51909DL2003PTC120455, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL2003PTC120455 | Current |
| U18101DL2003PTC120455 | Previous |
Contact details
Devanshi Exports Private Limited's registered office is in New Delhi, Delhi. Its website is devanshiexports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address132 Vir Nagarjain Colony, New Delhi, Delhi, India – 110007
- IndustryFashion and Textile, Winter & Seasonal Wear
To see the full contact details of Devanshi Exports 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 Devanshi Exports 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 Devanshi Exports Private Limited, buy the company report.
Financials of Devanshi Exports Private Limited
FY 2021 filings availableDevanshi Exports Private Limited reported revenue of ₹10.85 Cr (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 50% fall in the latest year. EBITDA fell 220% 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 | ₹10.85 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.91 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | -10.2% | ||||
| Net Profit Margin | -17.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Devanshi Exports Private Limited, buy the company report.
Board of directors of Devanshi Exports Private Limited
Devanshi Exports has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhashini Jain | Director | 04 Jan 2020 | 6 Years 9 Months | Current |
| Samir Jain | Director | 01 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Devanshi Exports Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Winter Wear), 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 |
|---|---|---|---|---|---|---|
| Manglam Colors Private Limited | ₹25.7 Cr (FY 2025) | 120.0% | Ludhiana, Punjab, India | |||
| Devanshi Exports Private Limitedthis company | ₹10.85 Cr (FY 2021) | -₹1.91 Cr | -17.6% | -50.0% | New Delhi, Delhi, India | |
| Rainbow Waterproof Pvt Ltd | ₹6.73 Cr (FY 2025) | 103.0% | Kolkata, West Bengal, India | |||
| Sabnam Exports Private Limited | ₹6.18 Cr (FY 2025) | 43.0% | Maharashtra, India |
To see the full peer comparison of Devanshi Exports Private Limited, buy the company report.
Auditor
Devanshi Exports Private Limited is audited by GARG ASHOK & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG ASHOK & CO | FY 2021 | 012127N |
Shareholding
The shareholding of Devanshi Exports 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devanshi Exports Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2018 | 100222157 | State Bank of India | ₹8.36 Cr | Open | |
| 09 Nov 2017 | 100148688 | Others | ₹4.21 Cr | Satisfied | |
| 28 Sep 2015 | 10598450 | Others | ₹4.21 Cr | Satisfied | |
| 24 Feb 2015 | 10554435 | Kotak Mahindra Bank Limited | ₹3.7 Cr | Satisfied | |
| 08 Jul 2011 | 10298868 | State Bank of India | ₹4.22 Cr | Satisfied |
To see the full charge records of Devanshi Exports Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Devanshi Exports Private Limited has 11 court cases on record: 11 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Sudsons Woollens Private Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ahuja Cotspin Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Capfloat Financial Services Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Capfloat Financial Services Pvt Ltd | Disposed |
To see the full case history of Devanshi Exports 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 Devanshi Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devanshi Exports has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCS2085F1ZC | Delhi | Active | 01 Jul 2017 |
| 09AAHCS2085F1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
| 03AAHCS2085F1ZK | Punjab | Active | 17 Jan 2019 |
To see the full GST registrations and return filing status of Devanshi Exports Private Limited, buy the company report.
Recent activity
Devanshi Exports Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Satpal Jain ceased to be Director on 04 Jan 2020.
16 earlier events are in the company report.
Frequently asked questions
Devanshi Exports is an active private limited company based in New Delhi, Delhi, India. The company works in winter and seasonal wear, within the fashion and textile industry. It was incorporated on 21 May 2003 (23+ years old) and is registered under CIN U51909DL2003PTC120455.
Devanshi Exports has 2 current directors:
- Subhashini Jain - Director
- Samir Jain - Director
The latest financial statements of Devanshi Exports 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 GSTIN of Devanshi Exports is 07AAHCS2085F1ZC, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AAHCS2085F1Z8 (Uttar Pradesh), 03AAHCS2085F1ZK (Punjab).
The CIN (Corporate Identification Number) of Devanshi Exports is U51909DL2003PTC120455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devanshi Exports has 11 court cases on record: 11 filed against it. 3 are pending.
Devanshi Exports was incorporated on 21 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Devanshi Exports by revenue are Manglam Colors Private Limited, Rainbow Waterproof Pvt Ltd, Sabnam Exports Private Limited, all in the Apparel industry (Winter Wear), with the same principal business activity (wholesale trading).
Satpal Jain ceased to be Director on 04 Jan 2020. Subhashini Jain was appointed as Director on 04 Jan 2020. Samir Jain was appointed as Director on 01 Oct 2013. Devanshi Exports has 5 board changes on record in total.
Devanshi Exports can be reached through the website devanshiexports.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Devanshi Exports is at 132 Vir Nagarjain Colony, New Delhi, Delhi, India – 110007.