Devashish Infrastructure Private Limited

Devashish Infrastructure Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U45201GJ2007PTC050445 Incorporated 03 April 2007 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company engineering MSME · Medium
Data last updated
Revenue · FY 2024
₹114.56 Cr
▲ 13% YoY
Net profit · FY 2024
₹2.66 Cr
Net margin 2.3%
EBITDA · FY 2024
₹6.21 Cr
EBITDA margin 5.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.81 Cr
Issued & subscribed
Open charges
₹29.72 Cr
Satisfied ₹56.25 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
241
Provident fund records

About Devashish Infrastructure Private Limited

Data last updated:

Devashish Infrastructure Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering sector. It was incorporated on 03 April 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2007PTC050445. Its GSTIN is 24AACCD5860A1Z5 (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.81 Cr. It is led by directors Mahesh Mohanbhai Vaghela (Managing Director) and Rita Mahesh Vaghela.

Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office 211 Nilamber Primero Opp. Vicenza Meridian Bhayli Road, Vadodara, Gujarat, India – 391410.

As per the financials filed for FY 2024, the company reported a revenue of ₹114.56 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.66 Cr (net margin 2.3%) and EBITDA of ₹6.21 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.

The company has about 241 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹29.72 Cr and satisfied charges of ₹56.25 Cr on record. Court records list 70 cases involving the company, including 12 filed by the company and 58 filed against it; 12 cases are pending.

Devashish Infrastructure Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0007449). 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.net.

Company details

CIN U45201GJ2007PTC050445
Registration Number 050445
Incorporation Date 03 April 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0007449
Key People
Mahesh Mohanbhai Vaghela Managing Director Rita Mahesh Vaghela Director

Recognitions & Rankings of Devashish Infrastructure

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-24-0007449

Contact details

Devashish Infrastructure Private Limited's registered office is in Vadodara, Gujarat. Its website is devashish.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    devashish.net
  • Social Media
  • Registered Address
    Office 211 Nilamber Primero Opp. Vicenza Meridian Bhayli Road, Vadodara, Gujarat, India – 391410
  • Industry
    Engineering, Engineering, Metal Foundry & Fabrication Services, Procurement & Construction (EPC)

To see the full contact details of Devashish Infrastructure Private Limited, buy the company report.

Comprehensive company report
Devashish Infrastructure 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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Business activity

The main business activity of Devashish Infrastructure is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Devashish Infrastructure Private Limited, buy the company report.

Financials of Devashish Infrastructure Private Limited

FY 2024 filings available

Devashish Infrastructure Private Limited reported revenue of ₹114.56 Cr (up 13% YoY) for FY 2024.

Revenue · FY 2024
₹114.56 Cr ▲ 13%
Net profit · FY 2024
₹2.66 Cr margin 2.3%
EBITDA · FY 2024
₹6.21 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 19%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 13% growth in the latest year. EBITDA rose 115% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹6.21 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.66 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.4%
Net Profit Margin2.3%
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

To see the full financial statements and ratios of Devashish Infrastructure Private Limited, buy the company report.

Board of directors of Devashish Infrastructure Private Limited

Devashish Infrastructure has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rita Mahesh Vaghela
Also directs: Devashish Interiors Private Limited, Devashish Silotech LLP
Director03 Apr 200719 Years 7 MonthsCurrent
Mahesh Mohanbhai Vaghela
Also directs: Devashish Interiors Private Limited
Managing Director03 Apr 200719 Years 7 MonthsCurrent
View all directors

Auditor

Devashish Infrastructure Private Limited is audited by RONAK S SHAH for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RONAK S SHAHFY 2023127969W

Shareholding

The shareholding of Devashish Infrastructure 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Devashish Infrastructure Private Limited, buy the company report.

Charges & borrowings

Open charges
₹29.72 Cr
Satisfied charges
₹56.25 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹28.61 Cr
Others₹1.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Jan 2024100905513Others₹1.11 CrOpen
04 Sep 2023100778640Hdfc Bank Limited₹20.09 LakhOpen
23 Jun 2023100735281Hdfc Bank Limited₹26.15 LakhOpen
30 Oct 2020100393149Hdfc Bank Limited₹28.15 CrOpen
29 Jun 2020100351498Karnataka Bank Ltd.₹2 CrSatisfied

To see the full charge records of Devashish Infrastructure Private Limited, buy the company report.

Total charge records: 16 View all charges

Credit ratings & regulatory alerts

Devashish Infrastructure Private Limited was last rated by Crisil on 12 Jun 2020.

Rating agencyRated onRating
Crisil12 Jun 2020

To see the full credit ratings and regulatory alerts of Devashish Infrastructure Private Limited, buy the company report.

MSME payment delays

Devashish Infrastructure Private Limited has 17 MSME Form 1 returns on record between 2018 and 2024, listing 907 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 19)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Devashish Infrastructure Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Devashish Infrastructure has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Devashish Infrastructure Private Limited has a workforce of 241 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
241
Active EPFO establishments
1
Employee growth
-5.86%

GST

Devashish Infrastructure has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AACCD5860A1Z5GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Devashish Infrastructure Private Limited, buy the company report.

Recent activity

Devashish Infrastructure Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Viral Krishnakant Shah ceased to be Director on 01 Oct 2018.

Charges
A charge with Hdfc Bank Limited of Rs. 28.15 Cr registered on 30 Oct 2020 with Charge ID 100393149 was modified on 21 Feb 2025.
AGM
Devashish Infrastructure Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Charges
A charge registered on 27 Apr 2016 via Charge ID 100036624 with Others was fully satisfied on 19 Sep 2024.
Charges
A charge registered on 27 Apr 2016 via Charge ID 100036622 with Others was fully satisfied on 17 Sep 2024.
Filing
Devashish Infrastructure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.11 Cr with Charge ID 100905513 was registered on 22 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100778640 was registered on 04 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100735281 was registered on 23 Jun 2023.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100351498 with Karnataka Bank Ltd. was fully satisfied on 25 Mar 2021.
Charges
A charge registered on 11 Jan 2016 via Charge ID 10616391 with Karnataka Bank Ltd. was fully satisfied on 25 Mar 2021.
Charges
A charge registered on 20 Oct 2010 via Charge ID 10246900 with Karnataka Bank Limited was fully satisfied on 25 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.15 Cr with Charge ID 100393149 was registered on 30 Oct 2020.

29 earlier events are in the company report.

Frequently asked questions

Devashish Infrastructure is an active private limited company based in Vadodara, Gujarat, India. The company works in the engineering industry. It was incorporated on 03 April 2007 (19+ years old) and is registered under CIN U45201GJ2007PTC050445.

Devashish Infrastructure has 2 current directors:

The latest financial statements of Devashish Infrastructure on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Devashish Infrastructure is 24AACCD5860A1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Devashish Infrastructure is U45201GJ2007PTC050445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devashish Infrastructure has 70 court cases on record: 12 filed by the company and 58 filed against it. 12 are pending. Most are in the district courts.

Devashish Infrastructure was incorporated on 03 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Viral Krishnakant Shah ceased to be Director on 01 Oct 2018. Malay Natubhai Kamdar ceased to be Additional Director on 26 Sep 2015. Ashish B Pathak ceased to be Director on 31 Dec 2013. Devashish Infrastructure has 7 board changes on record in total.

Yes, Devashish Infrastructure is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0007449).

Devashish Infrastructure has 17 MSME Form 1 returns on record between 2018 and 2024, listing 907 overdue payments to 19 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Devashish Infrastructure can be reached through the website devashish.net. Its registered office is in Vadodara, Gujarat, India.