Devashray Infrastructure Private Limited
About Devashray Infrastructure Private Limited
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Devashray Infrastructure Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC059490.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51 Lakh. It is led by directors Limbabhai Motibhai Desai and Mahesh Babubhai 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 6 Jay Khodiyar Ind. Estate Near Subhash Estate Ctm Ramol Road Amraiwadi, Ahmedabad, Gujarat, India – 380026.
As per the financials filed for FY 2024, the company reported a revenue of ₹27,180, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹820 (net margin -3%) and EBITDA of -₹820 (EBITDA margin -3%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 14% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devashray Infrastructure Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 Jay Khodiyar Ind. Estate Near Subhash Estate Ctm Ramol Road Amraiwadi, Ahmedabad, Gujarat, India – 380026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Devashray Infrastructure 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
Financials of Devashray Infrastructure Private Limited
FY 2025 filings availableDevashray Infrastructure Private Limited reported revenue of ₹27,180 (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 346% 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 | -₹820 | ||||
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| Net Profit (PAT) | -₹820 | ||||
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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 | -3% | ||||
| Net Profit Margin | -3% | ||||
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To see the full financial statements and ratios of Devashray Infrastructure Private Limited, buy the company report.
Board of directors of Devashray Infrastructure Private Limited
Devashray Infrastructure has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Limbabhai Motibhai Desai Also directs: Devashray Kappa Board LLP | Director | 09 Feb 2010 | 16 Years 8 Months | Current |
| Mahesh Babubhai Desai | Director | 09 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Devashray Infrastructure Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lifestyle Serenity Private Limited | ₹27,187 (FY 2024) | -98.0% | Chennai, Tamil Nadu, India | |||
| Devashray Infrastructure Private Limitedthis company | ₹27,180 (FY 2024) | -₹820 | -3% | 43.0% | Ahmedabad, Gujarat, India | |
| Shubhratna Developers Private Limited | ₹27,180 (FY 2024) | -100.0% | Gandhinagar, Gujarat, India | |||
| United Star Developers Private Limited | ₹27,171 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Matic Highrise Private Limited | ₹27,162 (FY 2025) | -70.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Devashray Infrastructure Private Limited, buy the company report.
Auditor
Devashray Infrastructure Private Limited is audited by SHAH LADHA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH LADHA AND ASSOCIATES | FY 2023 | 115479W |
Shareholding
The shareholding of Devashray 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 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 Devashray Infrastructure Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devashray Infrastructure 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 Devashray Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devashray Infrastructure Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devashray Infrastructure Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Dhruvkumar Desai ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Devashray Infrastructure is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 February 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC059490.
Devashray Infrastructure has 2 current directors:
- Limbabhai Motibhai Desai - Director
- Mahesh Babubhai Desai - Director
The latest financial statements of Devashray Infrastructure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devashray Infrastructure is U45201GJ2010PTC059490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devashray Infrastructure was incorporated on 09 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devashray Infrastructure by revenue are Lifestyle Serenity Private Limited, Shubhratna Developers Private Limited, United Star Developers Private Limited, Matic Highrise Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Dhruvkumar Desai ceased to be Additional Director on 30 Sep 2019. Kumudben Naranbhai Desai ceased to be Additional Director on 30 Sep 2019. Limbabhai Motibhai Desai was appointed as Director on 09 Feb 2010. Devashray Infrastructure has 4 board changes on record in total.
The registered office of Devashray Infrastructure is at 6 Jay Khodiyar Ind. Estate Near Subhash Estate Ctm Ramol Road Amraiwadi, Ahmedabad, Gujarat, India – 380026.
Devashray Infrastructure operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Devashray Infrastructure is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
Devashray Infrastructure can be reached at its registered office: 6 Jay Khodiyar Ind. Estate Near Subhash Estate Ctm Ramol Road Amraiwadi, Ahmedabad, Gujarat, India – 380026.
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