Devdoot Textiles Private Limited
About Devdoot Textiles Private Limited
Data last updated:
Devdoot Textiles Private Limited was a private limited company based in Pipodara, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 June 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45203GJ2014PTC079897.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors including Chandreshbhai Chhaganbhai Savaliya and Chhaganbhai Ranchhodbhai Savalia.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Pipodara, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.91 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹31,417 (net margin 3.2%) and EBITDA of ₹3.49 Lakh (EBITDA margin 35.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company had satisfied charges of ₹35.27 Lakh on record.
Company details
Contact details
Devdoot Textiles Private Limited's registered office is in Pipodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address218 – 221 Astha Ind. Estate Vibhag – 1 B/H. Mansi Industries Canal Road Navi P, Ardi, Pipodara, Gujarat, India – 394150
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Devdoot Textiles 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
Business activity
The main business activity of Devdoot Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Devdoot Textiles Private Limited, buy the company report.
Financials of Devdoot Textiles Private Limited
FY 2020 filings availableDevdoot Textiles Private Limited reported revenue of ₹9.91 Lakh (up 16% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 16% growth in the latest year. EBITDA rose 358% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹3.49 Lakh | ||||
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| Net Profit (PAT) | ₹31,417 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 35.2% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Devdoot Textiles Private Limited, buy the company report.
Board of directors of Devdoot Textiles Private Limited
Devdoot Textiles has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandreshbhai Chhaganbhai Savaliya | Director | 24 Jun 2014 | 12 Years 4 Months | As last reported |
| Chhaganbhai Ranchhodbhai Savalia | Director | 24 Jun 2014 | 12 Years 4 Months | As last reported |
| Bhupendrabhai Chhaganbhai Satani | Director | 17 Jul 2014 | 12 Years 3 Months | As last reported |
| Mukeshbhai Chhaganbhai Satani | Director | 22 Apr 2015 | 11 Years 6 Months | As last reported |
Peer comparison
Devdoot Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tribal Bagh Print Producer Company Limited | ₹9.95 Lakh (FY 2021) | 847.0% | Bagh, Madhya Pradesh, India | |||
| Devdoot Textiles Private Limitedthis company | ₹9.91 Lakh (FY 2020) | ₹31,417 | 3.2% | 16.0% | Pipodara, Gujarat, India | |
| Shriman Texcom Private Limited | ₹9.88 Lakh (FY 2017) | Kurundwad, Maharashtra, India | ||||
| GSPN Cotfab Private Limited | ₹9.86 Lakh (FY 2024) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Devdoot Textiles Private Limited, buy the company report.
Auditor
Devdoot Textiles Private Limited is audited by Hirapara & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hirapara & Associates | FY 2015 |
Shareholding
The shareholding of Devdoot Textiles Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devdoot Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2019 | 100310637 | Others | ₹3.38 Lakh | Satisfied | |
| 03 May 2017 | 100098634 | Others | ₹13.89 Lakh | Satisfied | |
| 06 Jul 2015 | 10584087 | The Varachha Co-Operative Bank Limited | ₹18 Lakh | Satisfied |
To see the full charge records of Devdoot Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Devdoot Textiles 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 Devdoot Textiles 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 Devdoot Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devdoot Textiles Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Bhupendrabhai Chhaganbhai Satani ceased to be Additional Director on 30 Sep 2015.
4 earlier events are in the company report.
Frequently asked questions
Devdoot Textiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Devdoot Textiles was a private limited company based in Pipodara, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 24 June 2014 and is registered under CIN U45203GJ2014PTC079897. The company has been struck off by the Registrar of Companies and is no longer operational.
Devdoot Textiles had 4 directors:
- Chandreshbhai Chhaganbhai Savaliya - Director
- Chhaganbhai Ranchhodbhai Savalia - Director
- Bhupendrabhai Chhaganbhai Satani - Director
- Mukeshbhai Chhaganbhai Satani - Director
The CIN (Corporate Identification Number) of Devdoot Textiles is U45203GJ2014PTC079897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Devdoot Textiles is at 218 – 221 Astha Ind. Estate Vibhag – 1 BH. Mansi Industries Canal Road Navi P, Ardi, Pipodara, Gujarat, India – 394150.
Devdoot Textiles was incorporated on 24 June 2014. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Devdoot Textiles on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Devdoot Textiles operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
The peers of Devdoot Textiles by revenue are Tribal Bagh Print Producer Company Limited, Shriman Texcom Private Limited, GSPN Cotfab Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Bhupendrabhai Chhaganbhai Satani ceased to be Additional Director on 30 Sep 2015. Mukeshbhai Chhaganbhai Satani ceased to be Additional Director on 30 Sep 2015. Mukeshbhai Chhaganbhai Satani was appointed as Director on 22 Apr 2015. Devdoot Textiles has 7 board changes on record in total.
Devdoot Textiles has no open charges and satisfied charges of ₹35.27 Lakh as per latest MCA filings.
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