About Devashish Commodities Private Limited
Data last updated:
Devashish Commodities Private Limited is a private limited company based in Bardoli, Dist. Surat 394601, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2005PTC047197. Its GSTIN is 24AACCD2730K1ZX (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ashish Krishnakant Desai and Haryax Ashish 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 09 Rose Plaza Sardar Bank Station Road, Bardoli Dist. Surat 394601, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹51,483. For the same year it recorded a net profit of ₹51,483 (net margin 100%) and EBITDA of ₹51,483 (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 187% over five years.
The company is associated with 1 brand: Devashish. As per MCA filings, the company has satisfied charges of ₹60 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.
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- Registered Address09 Rose Plaza Sardar Bank Station Road, Bardoli Dist. Surat 394601, Gujarat, India
- IndustryFinancial Services, Diversified Financial Services
- 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
Associated Brands with Devashish Commodities Private Limited
Devashish Commodities 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 Commodities Private Limited
Brands and companies operating in the same space as Devashish Commodities 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 |
Auditor Details of Devashish Commodities Private Limited
Devashish Commodities Private Limited is audited by NAIK VAYWALA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAIK VAYWALA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devashish Commodities Private Limited
Devashish Commodities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Krishnakant Desai Also directs: Devashish Securities Private Limited | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Haryax Ashish Desai Also directs: Devashish Securities Private Limited | Director | 20 Jan 2024 | 2 Years 8 Months | Current |
Financials of Devashish Commodities Private Limited FY 2025 filings available
Devashish Commodities Private Limited reported revenue of ₹51,483 for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devashish Commodities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 187% over five years. 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 of Devashish Commodities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹51,483 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51,483 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devashish Commodities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 100% | •••• | •••• | •••• | •••• |
| 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 Commodities 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.
Ownership and Shareholding of Devashish Commodities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devashish Commodities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2006 | Prime Co Op Bank Limited | ₹30 Lakh | Satisfied |
| 26 Jul 2006 | Prime Co Op Bank Limited | ₹30 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Devashish Commodities Private Limited
Employment history and EPFO contributions of people linked to Devashish Commodities.
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 Commodities Private Limited
Devashish Commodities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD2730K1ZX | Gujarat | Active | 01 Jul 2017 |
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 Commodities 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 Commodities 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 Commodities 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 Commodities 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 Commodities Private Limited
Frequently Asked Questions about Devashish Commodities Private Limited
Devashish Commodities is an active private limited company based in Bardoli, Dist. Surat 394601, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 December 2005 (21+ years old) and is registered under CIN U51100GJ2005PTC047197.
Devashish Commodities reported revenue of ₹51,483 for FY 2025.
Devashish Commodities has 2 current directors:
- Ashish Krishnakant Desai - Director
- Haryax Ashish Desai - Director
Devashish Commodities reported a net profit of ₹51,483 (net margin 100%) and EBITDA of ₹51,483 (EBITDA margin 100%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devashish Commodities is 187% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devashish Commodities is 24AACCD2730K1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Devashish Commodities is U51100GJ2005PTC047197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devashish Commodities was incorporated on 05 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Devashish Commodities can be reached through the website devashish.com. Its registered office is in Bardoli, Dist. Surat 394601, Gujarat, India.