MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-09-0007626
Devi Fastners Private Limited
Devi Fastners Private Limited - machinery and equipment in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹76.57 Cr
▲ 55% YoY
Net profit · FY 2023
₹22.88 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹74.31 Lakh
EBITDA margin 1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹47.13 Lakh
Issued & subscribed
Open charges
₹20.4 Cr
Satisfied ₹10.33 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
8
Provident fund records
About Devi Fastners Private Limited
Data last updated:
Devi Fastners Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 24 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27202TG2006PTC050171. Its GSTIN is 36AACCD5084E1ZS (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.13 Lakh. It is led by directors Hitesh Pitti and Niti Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 60/2 Pan Bazar Near Ranigunj, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2023, the company reported a revenue of ₹76.57 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹22.88 Lakh (net margin 0.3%) and EBITDA of ₹74.31 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 20% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.4 Cr and satisfied charges of ₹10.33 Cr on record. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34 Lakh; the latest was in March 2023.
Devi Fastners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0007626). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27202TG2006PTC050171
Registration Number 050171
Incorporation Date 24 May 2006
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-09-0007626
CIN history
Devi Fastners has one previous CIN (Corporate Identification Number): U27202AP2006PTC050171. The current CIN is U27202TG2006PTC050171, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27202TG2006PTC050171 | Current |
| U27202AP2006PTC050171 | Previous |
Key People
Hitesh Pitti Director Niti Gupta Director Recognitions & Rankings of Devi Fastners
Contact details
Devi Fastners Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address60/2 Pan Bazar Near Ranigunj, Secunderabad, Telangana, India – 500003
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Devi Fastners Private Limited, buy the company report.
Comprehensive company report
Devi Fastners Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Devi Fastners Private Limited
FY 2024 filings availableDevi Fastners Private Limited reported revenue of ₹76.57 Cr (up 55% YoY) for FY 2023.
Revenue · FY 2023
₹76.57 Cr ▲ 55%
Net profit · FY 2023
₹22.88 Lakh margin 0.3%
EBITDA · FY 2023
₹74.31 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 27%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▼ 26%
5 years · compounded
▼ 10%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 55% growth in the latest year. EBITDA rose 52% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹76.57 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.88 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devi Fastners Private Limited, buy the company report.
Board of directors of Devi Fastners Private Limited
Devi Fastners has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Pitti | Director | 24 May 2006 | 20 Years 5 Months | Current |
| Niti Gupta Also directs: Aryka Studio LLP | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Devi Fastners Private Limited is audited by M V BHATT AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V BHATT AND CO | FY 2023 | 0021739S |
Shareholding
The shareholding of Devi Fastners 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 Devi Fastners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.4 Cr
Satisfied charges
₹10.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2025 | 101097671 | Others | ₹1 Cr | Open | |
| 26 Apr 2024 | 100923501 | Sidbi | ₹1.33 Cr | Open | |
| 06 Oct 2023 | 100819287 | Others | ₹2 Cr | Open | |
| 05 Jul 2022 | 100588275 | Sidbi | ₹10 Cr | Open | |
| 12 Jul 2021 | 100467870 | Axis Bank Limited | ₹7.49 Lakh | Open |
To see the full charge records of Devi Fastners Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Devi Fastners Private Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34 Lakh; the latest was in March 2023.
Total deals
6
Secondary share transfers
4
Rights issue
1
Funding round
1
Disclosed funding
₹34 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Trimline Agencies Private Limited |
| Feb 2021 | Rights issue | ₹56 Lakh | Investors: an individual |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Cauvery Iron and Steel (India) Limited |
| Dec 2006 | Funding round | ₹34 Lakh | Investors: Cauvery Iron and Steel (India) Limited , 3 individuals |
To see the full deal history of Devi Fastners Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Devi Fastners Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devi Fastners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devi Fastners Private Limited has a workforce of 8 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-11.11%
GST
Devi Fastners has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCD5084E1ZS | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devi Fastners Private Limited, buy the company report.
Recent activity
Devi Fastners Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Niti Gupta was appointed as Director on 04 Dec 2017.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101097671 was registered on 09 Apr 2025.
Charges
A charge with Sidbi of Rs. 1,000.00 Lakh registered on 05 Jul 2022 with Charge ID 100588275 was modified on 08 Apr 2025.
AGM
Devi Fastners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 132.75 Lakh with Charge ID 100923501 was registered on 26 Apr 2024.
Filing
Devi Fastners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100819287 was registered on 06 Oct 2023.
Charges
A charge registered on 18 Jul 2020 via Charge ID 100355962 with Axis Bank Limited was fully satisfied on 23 Nov 2022.
Charges
A charge registered on 05 Oct 2019 via Charge ID 100292052 with Axis Bank Limited was fully satisfied on 23 Nov 2022.
Charges
A charge with Sidbi amounted to Rs. 1,000.00 Lakh with Charge ID 100588275 was registered on 05 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.49 Lakh with Charge ID 100467870 was registered on 12 Jul 2021.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 250.00 Lakh registered on 01 Mar 2019 with Charge ID 100255752 was modified on 06 Apr 2021.
Charges
A charge with Sidbi amounted to Rs. 300.00 Lakh with Charge ID 100426158 was registered on 03 Feb 2021.
11 earlier events are in the company report.
Frequently asked questions
Devi Fastners is an active private limited company based in Secunderabad, Telangana, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 24 May 2006 (20+ years old) and is registered under CIN U27202TG2006PTC050171.
Devi Fastners has 2 current directors:
- Hitesh Pitti - Director
- Niti Gupta - Director
The latest financial statements of Devi Fastners on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Devi Fastners is 36AACCD5084E1ZS, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Devi Fastners is U27202TG2006PTC050171. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Fastners was incorporated on 24 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Devi Fastners has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹34 Lakh; the latest was in March 2023.
Niti Gupta was appointed as Director on 04 Dec 2017. Renu Gupta ceased to be Director on 04 Dec 2017. Hitesh Pitti was appointed as Director on 24 May 2006.
Yes, Devi Fastners is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0007626).
The registered office of Devi Fastners is at 602 Pan Bazar Near Ranigunj, Secunderabad, Telangana, India – 500003.