About Devi Construction Co Pvt Ltd
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Devi Construction Co Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 14 February 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202MH1980PTC022230. Its GSTIN is 27AAACD6005B1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Ravindra Prabhudas Mahbubani (Managing Director) and Vinod Kishan Baney.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Devi House 6th Floor Shivaji Nagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 2%) and EBITDA of ₹3.3 Cr (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 2% over five years.
The company has about 101 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Devi Group. As per MCA filings, the company has satisfied charges of ₹58.4 Cr on record. Court records list 29 cases involving the company, including 5 filed by the company and 24 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deviprojects.com.
Company details
Contact details
Devi Construction Co Pvt Ltd's registered office is in Pune, Maharashtra. Its website is deviprojects.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDevi House 6th Floor Shivaji Nagar, Pune, Maharashtra, India – 411005
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Devi Construction Co Pvt Ltd, 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
Brands
Devi Construction Co operates one associated brand: Devi Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Devi Group is engaged in industrial, residential, and commercial construction. | devigroup.in |
Business activity
The main business activity of Devi Construction Co is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Devi Construction Co Pvt Ltd, buy the company report.
Financials of Devi Construction Co Pvt Ltd
FY 2025 filings availableDevi Construction Co Pvt Ltd reported revenue of ₹80.42 Cr (up 690% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 690% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.3 Cr | ||||
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| Net Profit (PAT) | ₹1.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Devi Construction Co Pvt Ltd, buy the company report.
Board of directors of Devi Construction Co Pvt Ltd
Devi Construction Co has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kishan Baney Also directs: Devi Construction Limited Liability Partnership, Yeyento Nutrition LLP, Devi Farms P Ltd and 1 more | Director | 01 Dec 1995 | 30 Years 11 Months | Current |
| Ravindra Prabhudas Mahbubani | Managing Director | 14 Feb 1980 | 46 Years 8 Months | Current |
| Harish Kishan Baney | Director | 20 Mar 1998 | 28 Years 7 Months | Current |
Peer comparison
Devi Construction Co Pvt Ltd is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KVRR Infrastructure Private Limited | ₹80.92 Cr (FY 2025) | 4.0% | Davanagere, Karnataka, India | |||
| Keshav Krupa Construction Private Limited | ₹80.77 Cr (FY 2025) | 112.0% | Surat, Gujarat, India | |||
| SRM Engineering Construction Corporation Limited | ₹80.42 Cr (FY 2025) | 4044.0% | Chennai, Tamil Nadu, India | |||
| Devi Construction Co Pvt Ltdthis company | ₹80.42 Cr (FY 2025) | ₹1.62 Cr | 2% | 690.0% | Pune, Maharashtra, India | |
| Floral Realtech Private Limited | ₹79.81 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Shanti Construction Sambalpur Private Limited | ₹79.68 Cr (FY 2024) | 54.0% | Sambalpur, Odisha, India |
To see the full peer comparison of Devi Construction Co Pvt Ltd, buy the company report.
Auditor
Devi Construction Co Pvt Ltd is audited by G.D.Apte & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.D.Apte & Co. | FY 2023 | 100515W |
Shareholding
The shareholding of Devi Construction Co Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devi Construction Co Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2007 | 10082583 | Oriental Bank of Commerce Ltd. | ₹1 Cr | Satisfied | |
| 08 Jan 2005 | 90092962 | The Cosmos Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 31 Mar 2004 | 90088751 | Oriental Bank of Commerce Ltd. | ₹50 Lakh | Satisfied | |
| 03 Jul 1999 | 80040046 | Oriental Bank of Commercs Ltd. | ₹54.9 Cr | Satisfied |
To see the full charge records of Devi Construction Co Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Devi Construction Co Pvt Ltd has 29 court cases on record: 5 filed by Devi Construction Co, 24 filed against it. 2 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 24 | 0 |
| District courts | 5 | 0 | 2 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Omkara Assets Reconstruction Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Krishna Structural Steel India Ltd. and Anr. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Intellectual Building System Pvt. Ltd. Through Abhijeet Dilip Band | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Patheja Brothers Forging Stampings Ltd | Pending |
| Bombay High Court | Court case (OLR) | Filed against the company by Official Liquidator of Patheja Brothers Forgings and Stamping Ltd. (in Liquidation) | Disposed |
To see the full case history of Devi Construction Co Pvt Ltd, 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 Devi Construction Co Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Devi Construction Co has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Devi Resorts Private Limited | U55101PN1996PTC099951 |
To see the full group structure of Devi Construction Co Pvt Ltd, buy the company report.
GST
Devi Construction Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD6005B1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devi Construction Co Pvt Ltd, buy the company report.
Recent activity
Devi Construction Co Pvt Ltd has 7 board changes on record since 1980: 3 appointments and 4 cessations. The latest: Kishan Prabhudas Baney ceased to be Director on 08 Nov 2015.
8 earlier events are in the company report.
Frequently asked questions
Devi Construction Co is an active private limited company based in Pune, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 14 February 1980 (46+ years old) and is registered under CIN U45202MH1980PTC022230.
Devi Construction Co has 3 current directors:
- Ravindra Prabhudas Mahbubani - Managing Director
- Vinod Kishan Baney - Director
- Harish Kishan Baney - Director
The latest financial statements of Devi Construction Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Devi Construction Co is 27AAACD6005B1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devi Construction Co is U45202MH1980PTC022230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Construction Co has 29 court cases on record: 5 filed by the company and 24 filed against it. 2 are pending. Most are in the high courts.
Devi Construction Co was incorporated on 14 February 1980, making it 46+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Devi Construction Co by revenue are KVRR Infrastructure Private Limited, Keshav Krupa Construction Private Limited, SRM Engineering Construction Corporation Limited, Floral Realtech Private Limited, Shanti Construction Sambalpur Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Kishan Prabhudas Baney ceased to be Director on 08 Nov 2015. Raja Pribhdas Mahbubani ceased to be Director on 01 Jul 2013. Kumar Pribhdas Mahbubani ceased to be Director on 25 Feb 2008. Devi Construction Co has 7 board changes on record in total.
Devi Construction Co can be reached through the website deviprojects.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Devi Construction Co is at Devi House 6th Floor Shivaji Nagar, Pune, Maharashtra, India – 411005.
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