Devault Innovative Solutions Private Limited - Company Profile

It is a business services private limited company based in Hubli, Karnataka, India, established in 2012.

2012 Hubli, Karnataka, India Active

Last Updated: January 08, 2026

About Devault Innovative Solutions Private Limited

Devault Innovative Solutions Private Limited, a active private limited company, was established on 29 October 2012 in Hubli, Karnataka, India. Engaging in csw professional within the professional, scientific and technical sector, it holds CIN: U74999KA2012PTC066493. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Vinay Vasant Mallapur (Managing Director), Jyoti Vinay Mallapur (Director). It holds ₹0.30 M open charges and no settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at # H I G 6, 104, Akshay Park Gokul Road, Hubli, Karnataka, 580030.

Company Details

CIN/LLPIN
U74999KA2012PTC066493
Registration Number
066493
Incorporation Date
29 October 2012
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 08-01-2026
Paid Up Capital ₹ 0.10 M as on 08-01-2026
Company Age 13 Year, 3 Months
Last Filing with ROC 31 Mar 2019
Open Charges ₹ 0.30 M as on 08-01-2026
Revenue Growth **** 88.45% (FY 2019)
Profit Growth **** -685.67% (FY 2019)
Ebitda **** -131.19% (FY 2019)
Net Worth -543.41% (FY 2019)
Total Assets -44.64% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Devault Innovative Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Devault Innovative Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vinay Vasant Mallapur	Managing Director	29 Oct 2012	Current
Jyoti Vinay Mallapur	Director	29 Oct 2012	Current

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Financial Performance of Devault Innovative Solutions.

Devault Innovative Solutions Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 88.45% increase. The company also saw a substantial fall in profitability, with a 685.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 543.41%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

88.45%

*******

Revenue from Operations

*******

88.45%

*******

Total Assets

*******

-44.64%

*******

Profit or Loss

*******

-685.67%

*******

Net Worth

*******

-543.41%

*******

EBITDA

*******

-131.19%

*******

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What is the Ownership and Shareholding Structure of Devault Innovative Solutions?

In 2017, Devault Innovative Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹300,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Idbi Bank Limited : 0.03 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Jun 2019	Idbi Bank Limited	₹0.30 M	Open

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How Many Employees Work at Devault Innovative Solutions?

Unlock and access historical data on people associated with Devault Innovative Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Devault Innovative Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Devault Innovative Solutions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Devault Innovative Solutions

Recent Activity within the Organization

Annual General Meeting

Devault Innovative Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.
30 Sep 2019
Charges

Progress on A charge with Idbi Bank Limited amounted to Rs. 0.30 M with Charge ID 100268588 was registered on 13 Jun 2019. was documented.
13 Jun 2019
Balance Sheet

Progress on Devault Innovative Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore. was documented.
31 Mar 2019
Director Appointment

Vinay Vasant Mallapur was appointed as a Managing Director was appointed as a Managing Director on 29 Oct 2012 & has been associated with this company since 13 years 3 months . was recorded as a recent event.
29 Oct 2012
Director Appointment

Jyoti Vinay Mallapur was appointed as a Director was appointed as a Director on 29 Oct 2012 & has been associated with this company since 13 years 3 months . was recorded as a recent event.
29 Oct 2012
Company Incorporation

Devault Innovative Solutions Private Limited was registered on 29 Oct 2012 with Roc Bangalore & aged 13 years 3 months as per MCA records. was recorded as a recent event.
29 Oct 2012

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Frequently Asked Questions

What is the CIN of Devault Innovative Solutions Private Limited?

The CIN of Devault Innovative Solutions Private Limited is U74999KA2012PTC066493.

Where is Devault Innovative Solutions Private Limited headquartered?

Devault Innovative Solutions Private Limited is headquartered at # H I G 6, 104, Akshay Park Gokul Road, Hubli, Karnataka, 580030.

When was Devault Innovative Solutions Private Limited incorporated?

Devault Innovative Solutions Private Limited was incorporated on 29 October 2012.

Who are the current directors of Devault Innovative Solutions Private Limited?

The current directors of Devault Innovative Solutions Private Limited are

What is the primary industry of Devault Innovative Solutions Private Limited?

The primary industry of Devault Innovative Solutions Private Limited is Professional, Scientific And Technical.

Is Devault Innovative Solutions Private Limited a listed company?

Devault Innovative Solutions Private Limited is unlisted.

What is the capital structure of Devault Innovative Solutions Private Limited?

The authorized capital of Devault Innovative Solutions Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Devault Innovative Solutions Private Limited?

The compliance status of Devault Innovative Solutions Private Limited is Compliant.

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