About Devashish Wealth Advisory Services Private Limited
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Devashish Wealth Advisory Services Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 20 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U64990GJ2007PTC052417.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Devashish Advisory Services Private Limited. It is led by directors Mazumi Ashish Desai and Shital Nainish Desai.
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.
The company is associated with 1 brand: Devashish. As per MCA filings, the company has open charges of ₹7.4 Lakh and satisfied charges of ₹7.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devashish.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Apps
- Registered Address1st Floor Shop – 1 Plot – 13 Silver Pam, Kadampalli Soc Timaliyawad, Surat, Gujarat, India – 395001
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
- 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
- One PDF report, delivered after checkout
CIN History of Devashish Wealth Advisory Services Private Limited
Devashish Wealth Advisory Services has one previous CIN (Corporate Identification Number): U93000GJ2007PTC052417. The current CIN is U64990GJ2007PTC052417, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990GJ2007PTC052417 | Current |
| U93000GJ2007PTC052417 | Previous |
Associated Brands with Devashish Wealth Advisory Services Private Limited
Devashish Wealth Advisory Services operates one associated brand: Devashish. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides portfolio management services for investors. | devashish.com |
Competitors & Alternatives of Devashish Wealth Advisory Services Private Limited
Brands and companies operating in the same space as Devashish Wealth Advisory Services Private Limited include Pioneer Investcorp, PineBridge Investments, Remgro and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Pioneer Investcorp | Boutique investment banking services are offered to mid-market clients. | Mumbai, India | 1984 |
 PineBridge Investments | Diversified investment management in multi-asset and fixed income is conducted. | New York, United States | 1996 |
 Remgro | Investments are held in diverse Southern African sectors. | Stellenbosch, South Africa | 1999 |
 Marcellus Investment Managers | Provider of portfolio management and investment advisory services | Mumbai, India | 2018 |
 Banyan Tree Advisors | Provides portfolio management and investment advice for high-quality companies and long-term growth. | Bengaluru, India | 2004 |
 Merrill Edge | Operates as an investment management and trading firm offering financial solutions. | Wichita, United States | 2010 |
| ASK Investment Managers | Wealth management firm | Mumbai, India | 2004 |
Business Activity of Devashish Wealth Advisory Services Private Limited
Devashish Wealth Advisory Services operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Financial Advisory, brokerage and Consultancy Services | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Board of Directors of Devashish Wealth Advisory Services Private Limited
Devashish Wealth Advisory Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mazumi Ashish Desai | Director | 20 Aug 2025 | 1 Years 1 Months | Current |
| Shital Nainish Desai | Director | 20 Aug 2025 | 1 Years 1 Months | Current |
Financials of Devashish Wealth Advisory Services Private Limited FY 2025 filings available
Devashish Wealth Advisory Services Private Limited reported revenue of ₹8,450 for FY 2017.
Financial Statement Summary of Devashish Wealth Advisory Services Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹8,450 | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
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| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Devashish Wealth Advisory Services Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devashish Wealth Advisory Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devashish Wealth Advisory Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2010 | State Bank of India | ₹4.6 Lakh | Satisfied |
| 27 Aug 2009 | State Bank of India | ₹2.8 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Devashish Wealth Advisory Services Private Limited
Employment history and EPFO contributions of people linked to Devashish Wealth Advisory Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Devashish Wealth Advisory Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Devashish Wealth Advisory Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devashish Wealth Advisory Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devashish Wealth Advisory Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devashish Wealth Advisory Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Devashish Wealth Advisory Services Private Limited
Frequently Asked Questions about Devashish Wealth Advisory Services Private Limited
Devashish Wealth Advisory Services is an active private limited company based in Surat, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 20 December 2007 (19+ years old) and is registered under CIN U64990GJ2007PTC052417.
Devashish Wealth Advisory Services has 2 current directors:
- Mazumi Ashish Desai - Director
- Shital Nainish Desai - Director
The CIN (Corporate Identification Number) of Devashish Wealth Advisory Services is U64990GJ2007PTC052417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devashish Wealth Advisory Services was incorporated on 20 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devashish Wealth Advisory Services can be reached through the website devashish.com. Its registered office is in Surat, Gujarat, India.
The registered office of Devashish Wealth Advisory Services is at 1st Floor Shop – 1 Plot – 13 Silver Pam, Kadampalli Soc Timaliyawad, Surat, Gujarat, India – 395001.
Devashish Wealth Advisory Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Devashish Wealth Advisory Services operates in the financial services industry, in the advisory segment.
No. Devashish Wealth Advisory Services is not listed on any stock exchange. It is an unlisted company.