Devforge Technology Private Limited
About Devforge Technology Private Limited
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Devforge Technology Private Limited is a private limited company based in Ahmadabad City, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 May 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U62091GJ2023PTC140962.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikrambhai Modh and Naileshkumar Jayanti Modh.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmadabad City, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.07 Lakh, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹26.79 Lakh (net margin 28.2%) and EBITDA of ₹36.67 Lakh (EBITDA margin 38.6%).
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- Registered AddressB/103 Shayona Arise, Sp Ring Road, Ahmadabad City, Gujarat, India – 382330
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Devforge Technology Private Limited
The main business activity of Devforge Technology 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 | 62 | 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 Devforge Technology Private Limited FY 2025 filings available
Devforge Technology Private Limited reported revenue of ₹95.07 Lakh (up 121% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devforge Technology Private Limited
Revenue rose 121% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devforge Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹36.67 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹26.79 Lakh | •••• |
| 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 Devforge Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 38.6% | •••• |
| Net Profit Margin | 28.2% | •••• |
| 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 Devforge Technology are in the company report.
Financial statements from FY 2024
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 Devforge Technology Private Limited
Devforge Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Twins Technolabs Private Limited | •••• | •••• | •••• | •••• | - | Zirakpur, Punjab, India |
| Rechner Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Reliasys Technologies (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Kryjas Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Belsoft Applications Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Devforge Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Navam IT Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Equalstar Systems Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Workapps Solutions Private Limited | •••• | •••• | •••• | •••• | 25 | Pune, Maharashtra, India |
| Innovative Logic Lab Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Kribel Ventures Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devforge Technology by revenue in the Information Technology industry (Application Development), 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 Devforge Technology Private Limited
Devforge Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrambhai Modh | Director | 09 May 2023 | 3 Years 4 Months | Current |
| Naileshkumar Jayanti Modh | Additional Director | 06 Oct 2025 | 1 Years 0 Months | Current |
Charges & Borrowings of Devforge Technology Private Limited
Devforge Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devforge Technology Private Limited
Employment history and EPFO contributions of people linked to Devforge Technology.
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 Devforge Technology Private Limited
Devforge Technology Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Naileshkumar Jayanti Modh was appointed as Additional Director on 06 Oct 2025.
Credit Ratings, Litigation & Regulatory Alerts for Devforge Technology 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 Devforge Technology 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 Devforge Technology 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 Devforge Technology 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.
MCA Filings & Documents of Devforge Technology 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 Devforge Technology Private Limited
Devforge Technology is an active private limited company based in Ahmadabad City, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 May 2023 (3+ years old) and is registered under CIN U62091GJ2023PTC140962.
Devforge Technology reported revenue of ₹95.07 Lakh for FY 2025 (up 121% YoY).
Devforge Technology has 2 current directors:
- Vikrambhai Modh - Director
- Naileshkumar Jayanti Modh - Additional Director
Devforge Technology reported a net profit of ₹26.79 Lakh (net margin 28.2%) and EBITDA of ₹36.67 Lakh (EBITDA margin 38.6%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Devforge Technology is U62091GJ2023PTC140962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devforge Technology was incorporated on 09 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devforge Technology by revenue are Twins Technolabs Private Limited, Rechner Infosystems Private Limited, Reliasys Technologies (India) Private Limited, Kryjas Technologies Private Limited, Belsoft Applications Private Limited and 5 more, all in the Information Technology industry (Application Development).
Naileshkumar Jayanti Modh was appointed as Additional Director on 06 Oct 2025. Manav Bhavesh Oza was appointed as Director on 09 May 2023. Vikrambhai Modh was appointed as Director on 09 May 2023.
The registered office of Devforge Technology is at B103 Shayona Arise, Sp Ring Road, Ahmadabad City, Gujarat, India – 382330.
Devforge Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Devforge Technology operates in the information technology industry, in the application development and software solutions segment.