Devesh Advisory Services Private Limited
About Devesh Advisory Services Private Limited
Data last updated:
Devesh Advisory Services Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 14 November 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB2008PTC130554.
The company had an authorised share capital of ₹77 Lakh and a paid-up capital of ₹76.56 Lakh. It was led by directors Saket Agrawal and Harideo Mandal.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1 Crooked Lane Ground Floor Room No. G – 2, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2023, the company reported a revenue of ₹41,117, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr and EBITDA of -₹1.87 Cr. Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
As per MCA filings, the company had open charges of ₹2,140.79 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Devesh Advisory Services Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Crooked Lane Ground Floor Room No. G – 2, Kolkata, West Bengal, India – 700069
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Devesh Advisory Services 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
Financials of Devesh Advisory Services Private Limited
FY 2023 filings availableDevesh Advisory Services Private Limited reported revenue of ₹41,117 (down 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 55% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.87 Cr | ||||
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| Net Profit (PAT) | -₹1.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Devesh Advisory Services Private Limited, buy the company report.
Board of directors of Devesh Advisory Services Private Limited
Devesh Advisory Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saket Agrawal Also directs: MSP Steel & Power Limited, MSP Mines & Minerals Limited, Madanpur South Coal Company Limited and 4 more | Director | 23 Aug 2013 | 13 Years 2 Months | As last reported |
| Harideo Mandal | Director | 31 Mar 2020 | 6 Years 7 Months | As last reported |
Auditor
Devesh Advisory Services Private Limited is audited by SDP & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SDP & ASSOCIATES | FY 2022 | 322176E |
Shareholding
The shareholding of Devesh Advisory Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devesh Advisory Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2015 | 10567888 | State Bank of India | ₹1,670.26 Cr | Open | |
| 31 May 2014 | 10510999 | State Bank of Bikaner and Jaipur | ₹4 Cr | Open | |
| 27 Mar 2014 | 10495058 | State Bank of Mysore | ₹5 Cr | Open | |
| 19 Mar 2014 | 10489326 | Others | ₹36 Cr | Open | |
| 17 Oct 2013 | 10458876 | Others | ₹425.53 Cr | Open |
To see the full charge records of Devesh Advisory Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Devesh Advisory Services Private Limited has 3 court cases on record: 3 filed by Devesh Advisory Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Allahabad Bank and Ors | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Devesh Advisory Services 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 Devesh Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devesh Advisory Services has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Devesh Advisory Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devesh Advisory Services Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Harideo Mandal ceased to be Additional Director on 30 Dec 2020.
8 earlier events are in the company report.
Frequently asked questions
Devesh Advisory Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Devesh Advisory Services was a private limited company based in Kolkata, West Bengal, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 14 November 2008 and is registered under CIN U74140WB2008PTC130554. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Devesh Advisory Services was incorporated on 14 November 2008. It is registered with the Registrar of Companies, Kolkata.
Devesh Advisory Services had 2 directors:
- Saket Agrawal - Director
- Harideo Mandal - Director
The CIN (Corporate Identification Number) of Devesh Advisory Services is U74140WB2008PTC130554. 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 Devesh Advisory Services is at 1 Crooked Lane Ground Floor Room No. G – 2, Kolkata, West Bengal, India – 700069.
The latest financial statements of Devesh Advisory Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
Devesh Advisory Services operated in the business outsourcing industry, in the business and IT consulting segment.
Devesh Advisory Services has 3 court cases on record: 3 filed by the company. Most are in the nclt.
Harideo Mandal ceased to be Additional Director on 30 Dec 2020. Bikash Hazra ceased to be Director on 31 Mar 2020. Harideo Mandal was appointed as Director on 31 Mar 2020. Devesh Advisory Services has 10 board changes on record in total.
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