Devgan Solvex Pvt Ltd - Company Profile

It is a chemicals and materials private limited company based in Amritsar, Punjab, India, established in 1988.
1988 Amritsar, Punjab, India Active
Last Updated:
About Devgan Solvex Pvt Ltd

Devgan Solvex Pvt Ltd, a active private limited company, was established on 29 March 1988 in Amritsar, Punjab, India. Engaging in solvent & oil extraction tech within the manufacturing sector, it holds CIN: U15311PB1988PTC008190. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.87 M.

It upholds a compliant status. Its leadership includes Yogesh Devgan (Additional Director), Naresh Kumar Devgan (Additional Director). Past directors included Tilak Raj, Ritesh Sharma, Neena Devgan. It holds ₹25.90 Cr open charges and ₹3.00 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at Sangrana Sahib Tarn Taran Road, Amritsar, Punjab, 143001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U15311PB1988PTC008190

  • Registration Number

    008190

  • Incorporation Date

    29 March 1988

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.87 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.87 M
  • Company Age 38 Year, 18 Days
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 25.90 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth **** -45.17%
  • Profit Growth **** -2008.98%
  • Ebitda **** -115.67%
  • Net Worth -71.48%
  • Total Assets -21.15%
Company report

Devgan Solvex Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Devgan Solvex Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Devgan Solvex Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Yogesh Devgan Additional Director 29 Dec 2017 Current
Naresh Kumar Devgan Additional Director 30 Nov 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Oct 2016 Past
Pramod Abcsdd Additional Director 26 Mar 2017 Past
Pramod Abcsdd Director 29 Dec 2017 Past
Pramod Abcsdd Director 30 Nov 2017 Past
Pramod Abcsdd Director 24 Mar 2017 Past
Pramod Abcsdd Managing Director 30 Mar 2016 Past

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Financial Performance of Devgan Solvex.

Devgan Solvex Pvt Ltd, for the financial year ended 2018, experienced significant reduction in revenue, with a 45.17% decrease. The company also saw a substantial fall in profitability, with a 2008.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.48%.

Devgan Solvex revenue growth over time
Devgan Solvex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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-45.17%
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*******
*******
*******
Revenue from Operations
*******
-45.35%
*******
*******
*******
*******
Total Assets
*******
-21.15%
*******
*******
*******
*******
Profit or Loss
*******
-2008.98%
*******
*******
*******
*******
Net Worth
*******
-71.48%
*******
*******
*******
*******
EBITDA
*******
-115.67%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Devgan Solvex?

In 2018, Devgan Solvex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹259,000,000.00

Satisfied Charges

₹30,000,000.00

Charges Breakdown by Lending Institutions
  • Union Bank Of India : 25.90 Cr
Latest Charge Details
Date Lender Amount Status
24 Dec 2014 Union Bank Of India ₹1.00 M Open
13 Aug 2014 Union Bank Of India ₹19.50 Cr Open
28 Dec 2012 Union Bank Of India ₹5.90 Cr Open
26 Jan 1995 Union Bank Of India ₹4.00 M Open
10 Sep 2003 State Bank Of Patiala ₹3.00 Cr Satisfied

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How Many Employees Work at Devgan Solvex?

Unlock and access historical data on people associated with Devgan Solvex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devgan Solvex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Devgan Solvex's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Devgan Solvex
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Devgan Solvex Pvt Ltd last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Devgan Solvex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh. was completed.

  • Director Appointment

    Progress on Yogesh Devgan was appointed as a Additional Director was appointed as a Additional Director on 29 Dec 2017 & has been associated with this company since 8 years 3 months . was documented.

  • Director Appointment

    Naresh Kumar Devgan was appointed as a Additional Director was appointed as a Additional Director on 30 Nov 2017 & has been associated with this company since 8 years 4 months . was recorded as a recent event.

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.10 Cr with Charge ID 10548567 was registered on 24 Dec 2014. was recorded as a recent event.

  • Charges

    Progress on A charge with Union Bank Of India amounted to Rs. 19.50 Cr with Charge ID 10520016 was registered on 13 Aug 2014. was documented.

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Frequently Asked Questions
What is the CIN of Devgan Solvex Pvt Ltd?

The CIN of Devgan Solvex Pvt Ltd is U15311PB1988PTC008190.

Where is Devgan Solvex Pvt Ltd headquartered?

Devgan Solvex Pvt Ltd is headquartered at Sangrana Sahib Tarn Taran Road, Amritsar, Punjab, 143001.

When was Devgan Solvex Pvt Ltd incorporated?

Devgan Solvex Pvt Ltd was incorporated on 29 March 1988.

Who are the current directors of Devgan Solvex Pvt Ltd?

The current directors of Devgan Solvex Pvt Ltd are

What is the primary industry of Devgan Solvex Pvt Ltd?

The primary industry of Devgan Solvex Pvt Ltd is Manufacturing.

Is Devgan Solvex Pvt Ltd a listed company?

Devgan Solvex Pvt Ltd is unlisted.

What is the capital structure of Devgan Solvex Pvt Ltd?

The authorized capital of Devgan Solvex Pvt Ltd is ₹1.00 Cr, and the paid-up capital is ₹9.87 M.

What is the compliance status of Devgan Solvex Pvt Ltd?

The compliance status of Devgan Solvex Pvt Ltd is Compliant.

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