Devera Developers Private Limited
About Devera Developers Private Limited
Data last updated:
Devera Developers Private Limited is a private limited company based in New, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70102DL2007PTC165596.
The company has an authorised share capital of ₹50.5 Lakh and a paid-up capital of ₹44 Lakh. It was formerly known as Best Cure Private Limited. It is led by directors including Praveen Singh and Deepak Poswal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Ground Floor A – Wing D – 3 District Centre Saket, New, Delhi, India – 110017.
As per the financials filed for FY 2017, the company reported a revenue of ₹39.26 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹58.92 Cr (net margin -150.1%) and EBITDA of -₹43.48 Cr (EBITDA margin -110.7%).
As per MCA filings, the company has open charges of ₹46.38 Cr and satisfied charges of ₹315 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressGround Floor A – Wing D – 3 District Centre Saket, New, Delhi, India – 110017
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
CIN History of Devera Developers Private Limited
Devera Developers has one previous CIN (Corporate Identification Number): U51397DL2007PTC165596. The current CIN is U70102DL2007PTC165596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102DL2007PTC165596 | Current |
| U51397DL2007PTC165596 | Previous |
Business Activity of Devera Developers Private Limited
The main business activity of Devera Developers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Devera Developers Private Limited
Devera Developers Private Limited is audited by HARISH GAMBHIR & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARISH GAMBHIR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devera Developers Private Limited
Devera Developers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Singh Also directs: Vitoba Realtors Private Limited, Meadows Buildtech Private Limited, Rexcin Finance Private Limited and 1 more | Director | 15 Mar 2017 | 9 Years 6 Months | Current |
| Deepak Poswal Also directs: Vitoba Realtors Private Limited | Director | 08 Jan 2016 | 10 Years 8 Months | Current |
| Rajveer Singh | Director | 13 Feb 2014 | 12 Years 7 Months | Current |
Financials of Devera Developers Private Limited FY 2017 filings available
Devera Developers Private Limited reported revenue of ₹39.26 Cr (down 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Devera Developers Private Limited
Revenue fell 9% in the latest year. EBITDA fell 344% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devera Developers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹39.26 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹43.48 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹58.92 Cr | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Devera Developers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -110.7% | •••• | •••• |
| Net Profit Margin | -150.1% | •••• | •••• |
| 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 Devera Developers are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Devera Developers 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.
Group Structure of Devera Developers Private Limited
Devera Developers has 8 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Charges & Borrowings of Devera Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2014 | Shimal Healthcare Private Limited | ₹46.38 Cr | Open |
| 23 Mar 2016 | Others | ₹40 Cr | Satisfied |
| 24 Feb 2015 | Oscar Investments Limited | ₹125 Cr | Satisfied |
| 01 Mar 2012 | Religare Finvest Limited | ₹150 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Devera Developers Private Limited
Employment history and EPFO contributions of people linked to Devera Developers.
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.
GST Compliance of Devera Developers Private Limited
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.
Legal Cases of Devera Developers Private Limited
Devera Developers Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed against the company by Religare Finvest Limited | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Devera Developers 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 Devera Developers 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 Devera Developers 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.
MCA Filings & Documents of Devera Developers 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.
Recent Activity on Devera Developers Private Limited
Recent News on Devera Developers Private Limited
Frequently Asked Questions about Devera Developers Private Limited
Devera Developers is an active private limited company based in New, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 July 2007 (19+ years old) and is registered under CIN U70102DL2007PTC165596.
Devera Developers reported revenue of ₹39.26 Cr for FY 2017 (down 9% YoY).
Devera Developers has 3 current directors:
- Praveen Singh - Director
- Deepak Poswal - Director
- Rajveer Singh - Director
Devera Developers reported a net loss of ₹58.92 Cr (net margin -150.1%) and EBITDA of -₹43.48 Cr (EBITDA margin -110.7%) for FY 2017, as per its filed financial statements.
The CIN (Corporate Identification Number) of Devera Developers is U70102DL2007PTC165596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devera Developers has 1 court case on record: 1 filed against it. 1 is pending.
Devera Developers was incorporated on 06 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The registered office of Devera Developers is at Ground Floor A – Wing D – 3 District Centre Saket, New, Delhi, India – 110017.
Devera Developers has an authorised share capital of ₹50.5 Lakh and a paid-up capital of ₹44 Lakh.