About Devazo Software Solutions Private Limited
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Devazo Software Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 08 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2018PTC122552. Its GSTIN is 33AAGCD6826J1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Suresh (Whole-Time Director) and Vengadachalam Rajiv (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 12 1st Floor Ganapathinayagar Street Poothapedu, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.62 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹26,546 (net margin 4%) and EBITDA of ₹1.61 Lakh (EBITDA margin 24.4%).
For more details, the company can be reached via its website devazo.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 12 1st Floor Ganapathinayagar Street Poothapedu, Chennai, Tamil Nadu, India – 600116
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business Activity of Devazo Software Solutions Private Limited
The main business activity of Devazo Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devazo Software Solutions Private Limited FY 2023 filings available
Devazo Software Solutions Private Limited reported revenue of ₹6.62 Lakh (up 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Devazo Software Solutions Private Limited
Revenue rose 58% in the latest year. EBITDA rose 580% 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 of Devazo Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26,546 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devazo Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| 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 Devazo Software Solutions are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Devazo Software Solutions Private Limited
Devazo Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genesysai Labs Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Adroit Imports & Exports Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Sanarys Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Al Morning India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Indiashine Corporate Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pratapgarh, Uttar Pradesh, India |
| Devazo Software Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Iftvmed Services Private Limited | •••• | •••• | •••• | •••• | - | Neyyattinkara, Kerala, India |
| Microzensys Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Telinfotech Private Limited | •••• | •••• | •••• | •••• | - | Chikhli, Maharashtra, India |
| Cognisonus Technologies Private Limited | •••• | •••• | •••• | •••• | - | Cochin, Kerala, India |
| Captivate Cloudtech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Devazo Software Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Devazo Software Solutions Private Limited
Devazo Software Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh | Whole-Time Director | 08 May 2018 | 8 Years 4 Months | Current |
| Vengadachalam Rajiv | Whole-Time Director | 08 May 2018 | 8 Years 4 Months | Current |
| Subramanian Viji | Whole-Time Director | 08 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Devazo Software Solutions 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 Devazo Software Solutions Private Limited
Devazo Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devazo Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Devazo Software Solutions.
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.
Recent Activity on Devazo Software Solutions Private Limited
Devazo Software Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Subramanian Viji was appointed as Whole-Time Director on 08 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Devazo Software Solutions 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 Devazo Software Solutions 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 Devazo Software Solutions 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.
GST Compliance of Devazo Software Solutions Private Limited
Devazo Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCD6826J1ZJ | Tamil Nadu | Active | 27 Jul 2018 |
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.
MCA Filings & Documents of Devazo Software Solutions 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.
Frequently Asked Questions about Devazo Software Solutions Private Limited
Devazo Software Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 08 May 2018 (8+ years old) and is registered under CIN U72900TN2018PTC122552.
Devazo Software Solutions reported revenue of ₹6.62 Lakh for FY 2023 (up 58% YoY).
Devazo Software Solutions has 3 current directors:
- Suresh - Whole-Time Director
- Vengadachalam Rajiv - Whole-Time Director
- Subramanian Viji - Whole-Time Director
Devazo Software Solutions reported a net profit of ₹26,546 (net margin 4%) and EBITDA of ₹1.61 Lakh (EBITDA margin 24.4%) for FY 2023, as per its filed financial statements.
The GSTIN of Devazo Software Solutions is 33AAGCD6826J1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Devazo Software Solutions is U72900TN2018PTC122552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devazo Software Solutions was incorporated on 08 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Devazo Software Solutions by revenue are Genesysai Labs Private Limited, Adroit Imports & Exports Private Limited, Sanarys Private Limited, Al Morning India Private Limited, Indiashine Corporate Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Subramanian Viji was appointed as Whole-Time Director on 08 May 2018. Suresh was appointed as Whole-Time Director on 08 May 2018. Vengadachalam Rajiv was appointed as Whole-Time Director on 08 May 2018.
Yes, Devazo Software Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Devazo Software Solutions can be reached through the website devazo.co.in. Its registered office is in Chennai, Tamil Nadu, India.