Devi Industrial Gases Private Limited
About Devi Industrial Gases Private Limited
Data last updated:
Devi Industrial Gases Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 13 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1992PTC012718. Its GSTIN is 27AABCD2114L1ZW (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.96 Lakh. It is led by directors including Arunkumar Basavanthrao Patil and Venkagouda Krishnagouda Patil.
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 C/O. Star Technologies Istfloor Star Towers Opp.Canara Bank Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.42 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 0.8%) and EBITDA of ₹14.77 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devi Industrial Gas. As per MCA filings, the company has open charges of ₹21 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Devi Industrial Gases has one previous CIN (Corporate Identification Number): U40200KA1992PTC012718. The current CIN is U85110KA1992PTC012718, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1992PTC012718 | Current |
| U40200KA1992PTC012718 | Previous |
Contact details
Devi Industrial Gases Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. Star Technologies Istfloor Star Towers Opp.Canara Bank Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006
- IndustryChemicals and Materials, Industrial & Specialty Gases
To see the full contact details of Devi Industrial Gases 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
Brands
Devi Industrial Gases operates one associated brand: Devi Industrial Gas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hardware equipment manufacturing company | deviindustrialgas.com |
Business activity
The main business activity of Devi Industrial Gases is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Devi Industrial Gases Private Limited, buy the company report.
Financials of Devi Industrial Gases Private Limited
FY 2025 filings availableDevi Industrial Gases Private Limited reported revenue of ₹2.42 Cr (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 45% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹14.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Industrial Gases Private Limited, buy the company report.
Board of directors of Devi Industrial Gases Private Limited
Devi Industrial Gases has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunkumar Basavanthrao Patil Also directs: Dharwar Oxygen Private Limited | Director | 13 Jan 1992 | 34 Years 10 Months | Current |
| Venkagouda Krishnagouda Patil Also directs: PTP CNC Toolings Private Limited, Belgaum Oxygen Private Limited | Director | 28 Sep 2001 | 25 Years 1 Months | Current |
| Anilkumar Basavant Rao Patil Also directs: Dharwar Oxygen Private Limited | Director | 28 Sep 2001 | 25 Years 1 Months | Current |
| Prakash Krishtagouda Odugoudar Also directs: Gadag Oxygen Private Limited, A3k Biz Ventures Private Limited | Director | 28 Sep 2001 | 25 Years 1 Months | Current |
Peer comparison
Devi Industrial Gases Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Big Peenya Carbonics Private Limited | ₹2.52 Cr (FY 2025) | -26.0% | Bathinda, Punjab, India | |||
| Shree Paramhans Gases Pvt Ltd | ₹2.46 Cr (FY 2023) | 88.0% | Haryana, India | |||
| Devi Industrial Gases Private Limitedthis company | ₹2.42 Cr (FY 2024) | ₹1.83 Lakh | 0.8% | 45.0% | 10 | Belgaum, Karnataka, India |
| Jorhat Oxygen Private Limited | ₹2.41 Cr (FY 2025) | 57.0% | Jorhat, Assam, India | |||
| Maruti Gases Private Limited | ₹2.36 Cr (FY 2024) | 14.0% | Dist-Panchmahal, Gujarat, India |
To see the full peer comparison of Devi Industrial Gases Private Limited, buy the company report.
Auditor
Devi Industrial Gases Private Limited is audited by S. G. SURESH AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. G. SURESH AND CO. | FY 2022 | 004281S |
Shareholding
The shareholding of Devi Industrial Gases Private Limited 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 Industrial Gases Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2019 | 100292858 | Axis Bank Limited | ₹5 Lakh | Open | |
| 15 Jun 2019 | 100290856 | Axis Bank Limited | ₹16 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devi Industrial Gases 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
Devi Industrial Gases Private Limited has 1 MSME Form 1 return on record for the period ending Feb 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Govind Poy Oxygen Limited | |||
| Tri Gases Private Limited |
To see the full MSME payment records of Devi Industrial Gases Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Devi Industrial Gases Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Devi Industrial Gases Private Limited, buy the company report.
GST
Devi Industrial Gases has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD2114L1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devi Industrial Gases Private Limited, buy the company report.
Recent activity
Devi Industrial Gases Private Limited has 10 board changes on record since 1992: 4 appointments and 6 cessations. The latest: Mahantappa Basappa Badani ceased to be Director on 20 Mar 2018.
3 earlier events are in the company report.
Frequently asked questions
Devi Industrial Gases is an active private limited company based in Belgaum, Karnataka, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 13 January 1992 (34+ years old) and is registered under CIN U85110KA1992PTC012718.
Devi Industrial Gases has 4 current directors:
- Arunkumar Basavanthrao Patil - Director
- Venkagouda Krishnagouda Patil - Director
- Anilkumar Basavant Rao Patil - Director
- Prakash Krishtagouda Odugoudar - Director
The latest financial statements of Devi Industrial Gases 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 Industrial Gases is 27AABCD2114L1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devi Industrial Gases is U85110KA1992PTC012718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Industrial Gases was incorporated on 13 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devi Industrial Gases by revenue are Big Peenya Carbonics Private Limited, Shree Paramhans Gases Pvt Ltd, Jorhat Oxygen Private Limited, Maruti Gases Private Limited, all in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Mahantappa Basappa Badani ceased to be Director on 20 Mar 2018. Rangapayya Nagapayya Deshpande ceased to be Director on 20 Mar 2018. Ravindra Narayangoudra Odugoudra ceased to be Director on 20 Mar 2018. Devi Industrial Gases has 10 board changes on record in total.
Devi Industrial Gases has 1 MSME Form 1 return on record for the period ending Feb 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
The registered office of Devi Industrial Gases is at CO. Star Technologies Istfloor Star Towers Opp.Canara Bank Khanapur Road Tilakwadi, Belgaum, Karnataka, India – 590006.
Devi Industrial Gases operates in the chemicals and materials industry, in the industrial and specialty gases segment.
Devi Industrial Gases has open charges of ₹21 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
