Devi Innoventures LLP
About Devi Innoventures LLP
Data last updated:
Devi Innoventures LLP is a limited liability partnership (LLP) based in Thanjavur, Tamil Nadu, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Chennai, under LLPIN AAI-5317. Its GSTIN is 33AANFD2225K1ZJ (Tamil Nadu). The LLP holds 3 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹80 Cr. It is led by designated partners including Valikaramuthu Subramanian Natarajan and Subramania Natarajan Vijayaraja Sindhiya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 169A Sundaram Nagar Medical College Road, Thanjavur, Tamil Nadu, India – 613004.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹186.92 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹7.76 Cr (net margin 4.2%) and EBITDA of -₹9.82 Cr (EBITDA margin -5.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 85% over five years.
The LLP has about 320 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹154.32 Cr and satisfied charges of ₹128.88 Cr on record. Court records list 7 cases involving the LLP, including 5 filed by the LLP and 2 filed against it; 1 case is pending.
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- Registered Address169A Sundaram Nagar Medical College Road, Thanjavur, Tamil Nadu, India – 613004
- IndustryPackaging, Bottle & Cap Manufacturing
- 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
Financials of Devi Innoventures LLP FY 2025 filings available
Devi Innoventures LLP reported revenue of ₹186.92 Cr (up 104% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Devi Innoventures LLP
Revenue has grown at a compounded annual rate (CAGR) of 85% over five years, including 104% 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 of Devi Innoventures LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹7.76 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devi Innoventures LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Devi Innoventures are in the company report.
Financial statements from FY 2017
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.
Designated Partners of Devi Innoventures LLP
Devi Innoventures has 4 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Valikaramuthu Subramanian Natarajan | Designated Partner | 10 Feb 2017 | 9 Years 8 Months | Current |
| Subramania Natarajan Vijayaraja Sindhiya Also directs: Devi Bottles LLP, Devi Glass Tradecorp LLP | Designated Partner | 01 Oct 2021 | 5 Years 0 Months | Current |
| Sundari | Designated Partner | 10 Feb 2017 | 9 Years 8 Months | Current |
| Natarajan Vasanthadevi Also directs: Pechis Castle LLP, Devi Glass Tradecorp LLP | Designated Partner | 01 Oct 2021 | 5 Years 0 Months | Current |
Auditor Details of Devi Innoventures LLP
Devi Innoventures LLP is audited by SAGAR & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAGAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Devi Innoventures LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devi Innoventures LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 2025 | Hdfc Bank Limited | ₹59.46 Cr | Open |
| 31 Dec 2024 | State Bank of India | ₹8 Lakh | Open |
| 18 Nov 2024 | State Bank of India | ₹25 Lakh | Open |
| 21 Jun 2024 | Hdfc Bank Limited | ₹70 Cr | Open |
| 21 Jun 2024 | Hdfc Bank Limited | ₹24.52 Cr | Open |
Total charge records: 9 View all charges
Legal Cases of Devi Innoventures LLP
Devi Innoventures LLP has 7 court cases on record: 5 filed by Devi Innoventures, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed by the company against Reserve Bank of India and 2 others | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Reserve Bank of India and 2 others | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against The Regional Provident Fund Commissioner II | Disposed |
| High Court, PONDICHERRY | Writ petition | Filed by the company against The Regional Provident Fund Commissioner II | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Devi Innoventures LLP
Devi Innoventures LLP has a workforce of 320 employees as of Mar 27, 2024.
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 Devi Innoventures LLP
Devi Innoventures LLP has 6 designated partner changes on record since 2017: 6 appointments. The latest: Meganathan was appointed as Partner on 05 Feb 2025.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devi Innoventures LLP
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 Devi Innoventures LLP
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 Devi Innoventures LLP
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 Devi Innoventures LLP
Devi Innoventures has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANFD2225K1ZJ | Tamil Nadu | Active | 09 Jul 2017 |
| 34AANFD2225K1ZH | Puducherry | Active | 01 Nov 2018 |
| 20AANFD2225K1ZQ | Jharkhand | Active | 17 Dec 2020 |
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 Devi Innoventures LLP
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 Devi Innoventures LLP
Devi Innoventures is an active limited liability partnership based in Thanjavur, Tamil Nadu, India. The LLP works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under LLPIN AAI-5317.
Devi Innoventures reported revenue of ₹186.92 Cr for FY 2023 (up 104% YoY).
Devi Innoventures has 4 current designated partners:
- Valikaramuthu Subramanian Natarajan - Designated Partner
- Subramania Natarajan Vijayaraja Sindhiya - Designated Partner
- Sundari - Designated Partner
- Natarajan Vasanthadevi - Designated Partner
Devi Innoventures reported a net profit of ₹7.76 Cr (net margin 4.2%) and EBITDA of -₹9.82 Cr (EBITDA margin -5.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devi Innoventures is 25% over three years and 85% over five years. In the latest year (FY 2023) revenue rose 104%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devi Innoventures is 33AANFD2225K1ZJ, registered in Tamil Nadu. The LLP has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 34AANFD2225K1ZH (Puducherry), 20AANFD2225K1ZQ (Jharkhand).
The LLPIN (Limited Liability Partnership Identification Number) of Devi Innoventures is AAI-5317. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Devi Innoventures has 7 court cases on record: 5 filed by the LLP and 2 filed against it. 1 is pending.
Devi Innoventures was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Meganathan was appointed as Partner on 05 Feb 2025. Muthukumar was appointed as Partner on 28 Sep 2024. Natarajan Vasanthadevi was appointed as Designated Partner on 01 Oct 2021. Devi Innoventures has 6 designated partner changes on record in total.