Devasan Investments Private Limited
About Devasan Investments Private Limited
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Devasan Investments Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC048403. Its GSTIN is 07AAACD0815D1ZC (Delhi).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.3 Cr. It is led by directors Rakesh Khandelwal (Whole-Time Director) and Kamal Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 108 Ansal Bhawan 16 K G Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.64 Cr, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹21.61 Cr (net margin 129.9%) and EBITDA of ₹24.41 Cr (EBITDA margin 146.7%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 47% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devasan Investments Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address108 Ansal Bhawan 16 K G Marg, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Devasan Investments 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 Devasan Investments is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Devasan Investments Private Limited, buy the company report.
Financials of Devasan Investments Private Limited
FY 2024 filings availableDevasan Investments Private Limited reported revenue of ₹16.64 Cr (up 138% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 138% growth in the latest year. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹24.41 Cr | ||||
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| Net Profit (PAT) | ₹21.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 146.7% | ||||
| Net Profit Margin | 129.9% | ||||
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To see the full financial statements and ratios of Devasan Investments Private Limited, buy the company report.
Board of directors of Devasan Investments Private Limited
Devasan Investments has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kumar Singh Also directs: Pace Enterprises Private Limited, Rameshwaram Steel and Power Private Limited, Apeksha Securities Limited and 1 more | Director | 05 Dec 2023 | 2 Years 10 Months | Current |
| Rakesh Khandelwal | Whole-Time Director | 20 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Devasan Investments Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Regis Industries Limited | ₹16.7 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Dandona Finance Limited | ₹16.68 Cr (FY 2024) | 51.0% | New Delhi, Delhi, India | |||
| Devasan Investments Private Limitedthis company | ₹16.64 Cr (FY 2024) | ₹21.61 Cr | 129.9% | 138.0% | New Delhi, Delhi, India | |
| Valgaa Financial Services Limited | ₹16.62 Cr (FY 2025) | 72.0% | Salem, Tamil Nadu, India | |||
| Shakti Finvest Pvt Ltd | ₹16.52 Cr (FY 2024) | -11.0% | Kolkata, West Bengal, India | |||
| Gangotri Tracon Pvt Ltd | ₹16.5 Cr (FY 2024) | -6.0% | Raipur, Chhattisgarh, India | |||
| Radhakrishna Finance Private Limited | ₹16.5 Cr (FY 2024) | 22.0% | Guruvayur, Kerala, India | |||
| Manjushree Fincap Private Limited. | ₹16.46 Cr (FY 2022) | 106.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Devasan Investments Private Limited, buy the company report.
Auditor
Devasan Investments Private Limited is audited by O P BAGLA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P BAGLA & CO LLP | FY 2023 | 000018N/N500091 |
Shareholding
The shareholding of Devasan Investments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devasan Investments Private Limited, buy the company report.
Legal cases
Devasan Investments Private Limited has 5 court cases on record: 4 filed by Devasan Investments, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Ashapuraa Intimates Fashion Ltd. and Ors. | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer, Ward 7(1), Delhi & Ors. | Disposed |
| Supreme Court | Court case (0312-Direct Taxes Matter : Capital Gains) | Filed against the company by Commissioner of Income Tax IV | Disposed |
| High Court of Delhi | Court case (CO.APPL.(M)) | Filed by the company | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company | Disposed |
To see the full case history of Devasan Investments 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 Devasan Investments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devasan Investments has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Devasan Investments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD0815D1ZC | Delhi | Active | 08 May 2025 |
To see the full GST registrations and return filing status of Devasan Investments Private Limited, buy the company report.
Recent activity
Devasan Investments Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Kamal Kumar Singh ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Devasan Investments is an active private limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 April 1992 (34+ years old) and is registered under CIN U74899DL1992PTC048403.
Devasan Investments has 2 current directors:
- Rakesh Khandelwal - Whole-Time Director
- Kamal Kumar Singh - Director
The latest financial statements of Devasan Investments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Devasan Investments is 07AAACD0815D1ZC, registered in Delhi.
The CIN (Corporate Identification Number) of Devasan Investments is U74899DL1992PTC048403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devasan Investments has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Devasan Investments was incorporated on 21 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Devasan Investments by revenue are Regis Industries Limited, Dandona Finance Limited, Valgaa Financial Services Limited, Shakti Finvest Pvt Ltd, Gangotri Tracon Pvt Ltd and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Kamal Kumar Singh ceased to be Additional Director on 29 Sep 2024. Kamal Kumar Singh was appointed as Director on 05 Dec 2023. Kewal Krishan Arora ceased to be Director on 16 Nov 2020. Devasan Investments has 9 board changes on record in total.
The registered office of Devasan Investments is at 108 Ansal Bhawan 16 K G Marg, New Delhi, Delhi, India – 110001.
Devasan Investments operates in the financial services industry, in the nbfc segment.