
Devcon Foods Private Limited
About Devcon Foods Private Limited
Data last updated:
Devcon Foods Private Limited is a private limited company based in Raipur, Chhattisgarh, India, recognised as a startup by DPIIT. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 25 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U15549CT2021PTC012143. Its GSTIN is 22AAICD7749L1Z8 (Chattisgarh).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹90 Lakh. It is led by directors Rishabh Avinash Bajaj and Deepak Goyal.
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 Q.No. B – 502 Shriram Heritage Katora Talab, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.53 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹13.6 Lakh (net margin 2.5%) and EBITDA of ₹37.21 Lakh (EBITDA margin 6.7%).
The company is associated with 1 brand: Devcon Foods. As per MCA filings, the company has open charges of ₹1.31 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Devcon Foods Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0021363).
Company details
Recognitions & Rankings of Devcon Foods
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-CG-14-0021363
Contact details
Devcon Foods Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressQ.No. B – 502 Shriram Heritage Katora Talab, Raipur, Chhattisgarh, India – 492001
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Devcon Foods 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
Brands
Devcon Foods operates one associated brand: Devcon Foods. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures fortified rice kernels for blending with normal rice to fight malnutrition. | devfrk.com |
Business activity
The main business activity of Devcon Foods is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Devcon Foods Private Limited, buy the company report.
Financials of Devcon Foods Private Limited
FY 2025 filings availableDevcon Foods Private Limited reported revenue of ₹5.53 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA fell 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹37.21 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹13.6 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.7% | |||
| Net Profit Margin | 2.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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To see the full financial statements and ratios of Devcon Foods Private Limited, buy the company report.
Board of directors of Devcon Foods Private Limited
Devcon Foods has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Avinash Bajaj | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
| Deepak Goyal | Director | 25 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Devcon Foods Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trade India Ltd | ₹5.56 Cr (FY 2025) | 10.0% | Sultanpur Lodhi, Punjab, India | |||
| Ravindra Seeds Private Limited | ₹5.55 Cr (FY 2025) | -35.0% | Uttarakhand, India | |||
| Shree Hanuman Atta Mills Private Limited | ₹5.53 Cr (FY 2025) | -47.0% | Hooghly, West Bengal, India | |||
| Devcon Foods Private Limitedthis company | ₹5.53 Cr (FY 2025) | ₹13.6 Lakh | 2.5% | -6.0% | Raipur, Chhattisgarh, India | |
| Akrura Rice Mills Pvt Ltd | ₹5.49 Cr (FY 2024) | -13.0% | Subarnpur, Odisha, India | |||
| S M Agrotech Private Limited | ₹5.46 Cr (FY 2025) | -23.0% | Bhubaneswar, Odisha, India | |||
| Jagannath Tradelink Pvt Ltd | ₹5.45 Cr (FY 2025) | -63.0% | Burdwan, West Bengal, India |
To see the full peer comparison of Devcon Foods Private Limited, buy the company report.
Auditor
Devcon Foods Private Limited is audited by ARIHANT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARIHANT & ASSOCIATES | FY 2023 | 021046C |
Shareholding
The shareholding of Devcon Foods Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devcon Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jan 2022 | 100538872 | Bank of India | ₹1.31 Cr | Open |
To see the full charge records of Devcon Foods Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Devcon Foods Private Limited has 1 court case on record: 1 filed by Devcon Foods. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Writ petition | Filed by the company against Ncdex-E Markets Limited (Neml), and 2 others | Disposed |
To see the full case history of Devcon Foods Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devcon Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devcon Foods Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Devcon Foods has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAICD7749L1Z8 | Chattisgarh | Active | 23 Oct 2021 |
To see the full GST registrations and return filing status of Devcon Foods Private Limited, buy the company report.
Recent activity
Devcon Foods Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Deepak Goyal was appointed as Director on 25 Sep 2021.
Frequently asked questions
Devcon Foods is an active private limited company based in Raipur, Chhattisgarh, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 25 September 2021 (5+ years old) and is registered under CIN U15549CT2021PTC012143.
Devcon Foods has 2 current directors:
- Rishabh Avinash Bajaj - Director
- Deepak Goyal - Director
The latest financial statements of Devcon Foods 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 FY 2022 are in the company report.
The GSTIN of Devcon Foods is 22AAICD7749L1Z8, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Devcon Foods is U15549CT2021PTC012143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devcon Foods has 1 court case on record: 1 filed by the company.
Devcon Foods was incorporated on 25 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Devcon Foods by revenue are Trade India Ltd, Ravindra Seeds Private Limited, Shree Hanuman Atta Mills Private Limited, Akrura Rice Mills Pvt Ltd, S M Agrotech Private Limited and 1 more, all in the Food and Beverages industry (Staple Foods), with the same principal business activity (food, beverages and tobacco products).
Deepak Goyal was appointed as Director on 25 Sep 2021. Rishabh Avinash Bajaj was appointed as Director on 25 Sep 2021.
Yes, Devcon Foods is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Devcon Foods is registered as a micro enterprise under Udyam registration (number: UDYAM-CG-14-0021363).