MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-32-0000145
Devanshi Ginning & Pressing Private Limited
Devanshi Ginning & Pressing Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹76.64 Lakh
▼ 47% YoY
Net profit · FY 2022
₹2,000
Net margin 0%
EBITDA · FY 2022
₹90,000
EBITDA margin 1.2%
Authorised capital
₹2.2 Cr
Registered with MCA
Paid-up capital
₹2.2 Cr
Issued & subscribed
Open charges
₹4.9 Cr
Satisfied ₹2 Cr
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Devanshi Ginning & Pressing Private Limited
Data last updated:
Devanshi Ginning & Pressing Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2014PTC078286. Its GSTIN is 24AAECD9289M1ZZ (Gujarat).
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Vasudevbhai Bhanjibhai Kagathara and Dineshbhai Bhanjibhai Kagthara.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Survey No. 353P2 & 354P3 Village: Modpar, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2022, the company reported a revenue of ₹76.64 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹2,000 (net margin 0%) and EBITDA of ₹90,000 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹2 Cr on record.
Devanshi Ginning & Pressing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000145). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120GJ2014PTC078286
Registration Number 078286
Incorporation Date 16 January 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-32-0000145
Key People
Vasudevbhai Bhanjibhai Kagathara Director Dineshbhai Bhanjibhai Kagthara Director Ritul Laxmanbhai Patel Director Recognitions & Rankings of Devanshi Ginning & Pressing
Contact details
Devanshi Ginning & Pressing Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 353P2 & 354P3 Village: Modpar, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Devanshi Ginning & Pressing Private Limited, buy the company report.
Comprehensive company report
Devanshi Ginning & Pressing 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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Secure checkout · GST invoice included
Business activity
The main business activities of Devanshi Ginning & Pressing are manufacturing and agriculture, forestry, fishing. In detail, this covers textile, leather and other apparel products and support activities to agriculture and other activities including hunting. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Devanshi Ginning & Pressing Private Limited, buy the company report.
Financials of Devanshi Ginning & Pressing Private Limited
FY 2022 filings availableDevanshi Ginning & Pressing Private Limited reported revenue of ₹76.64 Lakh (down 47% YoY) for FY 2022.
Revenue · FY 2022
₹76.64 Lakh ▼ 47%
Net profit · FY 2022
₹2,000 margin 0%
EBITDA · FY 2022
₹90,000 margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
3 years · compounded
▼ 30%
5 years · compounded
▼ 49%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▼ 74%
5 years · compounded
▼ 59%
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 47% fall in the latest year. EBITDA rose 102% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹90,000 | ||||
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| Net Profit (PAT) | ₹2,000 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Devanshi Ginning & Pressing Private Limited, buy the company report.
Board of directors of Devanshi Ginning & Pressing Private Limited
Devanshi Ginning & Pressing has 3 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 |
|---|---|---|---|---|
| Vasudevbhai Bhanjibhai Kagathara | Director | 05 Dec 2015 | 10 Years 10 Months | Current |
| Dineshbhai Bhanjibhai Kagthara | Director | 05 Dec 2015 | 10 Years 10 Months | Current |
| Ritul Laxmanbhai Patel | Director | 16 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Devanshi Ginning & Pressing Private Limited is audited by N D AGHARA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D AGHARA & ASSOCIATES | FY 2019 | 128104W |
Shareholding
The shareholding of Devanshi Ginning & Pressing Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devanshi Ginning & Pressing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.9 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2014 | 10539518 | State Bank of India | ₹4.9 Cr | Open | |
| 17 Mar 2017 | 100095075 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Devanshi Ginning & Pressing Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devanshi Ginning & Pressing 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 Devanshi Ginning & Pressing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devanshi Ginning & Pressing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD9289M1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devanshi Ginning & Pressing Private Limited, buy the company report.
Recent activity
Devanshi Ginning & Pressing Private Limited has 7 board changes on record since 2014: 5 appointments and 2 cessations. The latest: Bharatbhai Revabhai Kagthara ceased to be Director on 10 Oct 2017.
AGM
Devanshi Ginning & Pressing Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Devanshi Ginning & Pressing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge registered on 17 Mar 2017 via Charge ID 100095075 with Others was fully satisfied on 23 May 2018.
Ceased
Bharatbhai Revabhai Kagthara ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100095075 was registered on 17 Mar 2017.
Appointed
Dineshbhai Bhanjibhai Kagthara was appointed as Director.
Appointed
Vasudevbhai Bhanjibhai Kagathara was appointed as Director.
Ceased
Pravinbhai Harjivanbhail Desai ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 4.90 Cr with Charge ID 10539518 was registered on 04 Dec 2014.
Appointed
Pravinbhai Harjivanbhail Desai was appointed as Director.
Appointed
Bharatbhai Revabhai Kagthara was appointed as Director.
Appointed
Ritul Laxmanbhai Patel was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Devanshi Ginning & Pressing is an active private limited company based in Morbi, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 January 2014 (12+ years old) and is registered under CIN U17120GJ2014PTC078286.
Devanshi Ginning & Pressing has 3 current directors:
- Vasudevbhai Bhanjibhai Kagathara - Director
- Dineshbhai Bhanjibhai Kagthara - Director
- Ritul Laxmanbhai Patel - Director
The latest financial statements of Devanshi Ginning & Pressing on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Devanshi Ginning & Pressing is 24AAECD9289M1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Devanshi Ginning & Pressing is U17120GJ2014PTC078286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devanshi Ginning & Pressing was incorporated on 16 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bharatbhai Revabhai Kagthara ceased to be Director on 10 Oct 2017. Dineshbhai Bhanjibhai Kagthara was appointed as Director on 05 Dec 2015. Vasudevbhai Bhanjibhai Kagathara was appointed as Director on 05 Dec 2015. Devanshi Ginning & Pressing has 7 board changes on record in total.
Yes, Devanshi Ginning & Pressing is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-32-0000145).
The registered office of Devanshi Ginning & Pressing is at Survey No. 353P2 & 354P3 Village: Modpar, Morbi, Gujarat, India – 363641.
Devanshi Ginning & Pressing operates in the manufacturing industry, in the textile and fabric production segment.