Devi Ispat Limited
About Devi Ispat Limited
Data last updated:
Devi Ispat Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB2004PLC099611. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.46 Cr. It was formerly known as Devi Ispat Private Limited. It is led by directors including Baidyanath Paul and Mohit Kumar Mandhani.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 85 Netaji Subhash Road 1st Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.73 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹2.05 Cr and EBITDA of -₹2.02 Cr.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹132.13 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address85 Netaji Subhash Road 1st Floor, Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Business Activity of Devi Ispat Limited
The main business activity of Devi Ispat is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devi Ispat Limited FY 2016 filings available
Devi Ispat Limited reported revenue of ₹6.73 Lakh (down 92% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Devi Ispat Limited
Revenue fell 92% in the latest year. EBITDA fell 282% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devi Ispat Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹6.73 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹2.02 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹2.05 Cr | •••• |
| 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 of Devi Ispat Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devi Ispat are in the company report.
Financial statements from 2015
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.
Peer Comparison of Devi Ispat Limited
Devi Ispat Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lal Bunglow Real Estate Private Limited | ₹6.73 Lakh (FY 2018) | •••• | •••• | 4.0% | •••• | Jaipur, Rajasthan, India |
| Milestone Enriched Services & Realtors Private Limited | ₹6.73 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | Mumbai, Maharashtra, India |
| JSM Devcons Private Limited | ₹6.73 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Indore, Madhya Pradesh, India |
| Mahesh Infrazone Private Limited | ₹6.73 Lakh (FY 2023) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Chandraleela Buildmark Private Limited | ₹6.73 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Indore, Madhya Pradesh, India |
| Devi Ispat Limited this company | ₹6.73 Lakh (FY 2016) | •••• | •••• | -92.0% | •••• | Kolkata, West Bengal, India |
| Mrutyunjay Creations Pvt Ltd | ₹6.73 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Nav-Nirman Developers Pvt Ltd | ₹6.73 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Mumbai, Maharashtra, India |
| Gokul Dealers Private Limited | ₹6.72 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Vastu Town Planners Private Limited | ₹6.72 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Jaipur, Rajasthan, India |
| RR Mega City Builders Limited | ₹6.72 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devi Ispat by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devi Ispat Limited
Devi Ispat Limited is audited by A CHATTOPADHYAY & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A CHATTOPADHYAY & 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.
Board of Directors of Devi Ispat Limited
Devi Ispat has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baidyanath Paul | Director | 14 Jul 2008 | 18 Years 2 Months | Current |
| Mohit Kumar Mandhani | Director | 16 Jan 2008 | 18 Years 8 Months | Current |
| Nirmal Kumar Mandhani | Director | 31 Aug 2004 | 22 Years 1 Months | Current |
Ownership and Shareholding of Devi Ispat Limited
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 Ispat Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2012 | India Factoring and Finance Solutions Private Limited | ₹6.25 Cr | Open |
| 04 Mar 2011 | Tata Capital Limited | ₹7.12 Lakh | Open |
| 21 Dec 2009 | State Bank of India | ₹29.5 Cr | Open |
| 05 May 2009 | State Bank of India | ₹68.5 Cr | Open |
| 18 Dec 2006 | Central Bank of India | ₹21.31 Cr | Open |
Total charge records: 6 View all charges
Legal Cases of Devi Ispat Limited
Devi Ispat Limited has 17 court cases on record: 11 filed by Devi Ispat, 5 filed against it, 1 where it is another party. 2 cases are pending and 15 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 0 |
| District courts | 4 | 3 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Central Bank of India Limited | Disposed |
| Supreme Court | Special leave petition | Filed by the company against Central Bank of India Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Company is another party | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Pending |
Full case history
All 17 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 Ispat Limited
Devi Ispat Limited has a workforce of 25 employees as of Apr 06, 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.
CIN History of Devi Ispat Limited
Devi Ispat has one previous CIN (Corporate Identification Number): U27109WB2004PTC099611. The current CIN is U27109WB2004PLC099611, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109WB2004PLC099611 | Current |
| U27109WB2004PTC099611 | Previous |
Recent Activity on Devi Ispat Limited
Devi Ispat Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Baidyanath Paul ceased to be Director on 16 Sep 2017.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devi Ispat Limited
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 Ispat Limited
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 Ispat Limited
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 Ispat Limited
Devi Ispat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ispat Limited
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 Ispat Limited
Devi Ispat is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 August 2004 (22+ years old) and is registered under CIN U27109WB2004PLC099611.
Devi Ispat reported revenue of ₹6.73 Lakh for FY 2016 (down 92% YoY).
Devi Ispat has 3 current directors:
- Baidyanath Paul - Director
- Mohit Kumar Mandhani - Director
- Nirmal Kumar Mandhani - Director
Devi Ispat reported a net loss of ₹2.05 Cr and EBITDA of -₹2.02 Cr for FY 2016, as per its filed financial statements.
No. Devi Ispat has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Devi Ispat is U27109WB2004PLC099611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devi Ispat has 17 court cases on record: 11 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Devi Ispat was incorporated on 31 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Devi Ispat by revenue are Lal Bunglow Real Estate Private Limited, Milestone Enriched Services & Realtors Private Limited, JSM Devcons Private Limited, Mahesh Infrazone Private Limited, Chandraleela Buildmark Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Baidyanath Paul ceased to be Director on 16 Sep 2017. Baidyanath Paul was appointed as Director on 14 Jul 2008. Sundip Kumar Gupta ceased to be Director on 12 Feb 2008. Devi Ispat has 5 board changes on record in total.
The registered office of Devi Ispat is at 85 Netaji Subhash Road 1st Floor, Kolkata, West Bengal, India – 700001.