- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-43-0018480

About Devico Sarees Private Limited
Data last updated:
Devico Sarees Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 15 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2017PTC090468. Its GSTIN is 09AAGCD0174K1ZJ (Uttar Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹89.8 Lakh. It is led by directors including Parul Agarwal and Gaurav Agarwal.
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 48/226 General Ganj, Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.35 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹82.18 Lakh (net margin 0.6%) and EBITDA of ₹1.35 Cr (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.9 Cr and satisfied charges of ₹7.1 Cr on record.
Devico Sarees Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0018480). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deviandcompany.com.
Company details
Recognitions & Rankings of Devico Sarees
Contact details
Devico Sarees Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is deviandcompany.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address48/226 General Ganj, Kanpur, Uttar Pradesh, India – 208001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Devico Sarees 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
Business activity
The main business activity of Devico Sarees is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Devico Sarees Private Limited, buy the company report.
Financials of Devico Sarees Private Limited
FY 2025 filings availableDevico Sarees Private Limited reported revenue of ₹147.35 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 13% growth in the latest year. EBITDA rose 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.35 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹82.18 Lakh | ||||
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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 | 0.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devico Sarees Private Limited, buy the company report.
Board of directors of Devico Sarees Private Limited
Devico Sarees has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Agarwal Also directs: Laxsom Trading Private Limited | Director | 15 Feb 2017 | 9 Years 8 Months | Current |
| Gaurav Agarwal | Director | 15 Feb 2017 | 9 Years 8 Months | Current |
| Laxmi Agarwal | Director | 15 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Devico Sarees Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Sarees, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahakash Trexim Private Limited | ₹151.19 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| JBN Impex Private Limited | ₹149.39 Cr (FY 2019) | 365868.0% | Delhi, India | |||
| Dwarkadas Trading Company Private Limited | ₹148.08 Cr (FY 2025) | -27.0% | Mumbai, Maharashtra, India | |||
| Kashish Tradewell Private Limited | ₹147.44 Cr (FY 2016) | 2.0% | Mumbai, Maharashtra, India | |||
| Devico Sarees Private Limitedthis company | ₹147.35 Cr (FY 2025) | ₹82.18 Lakh | 0.6% | 13.0% | 66 | Kanpur, Uttar Pradesh, India |
| Aplaya Creations Limited | ₹147.13 Cr (FY 2019) | 1158.0% | New Delhi, Delhi, India | |||
| Tissori India Fabrics Private Limited | ₹147.02 Cr (FY 2017) | 437.0% | Mumbai, Maharashtra, India | |||
| R.S. Yarns and Power Private Limited | ₹146.07 Cr (FY 2025) | -26.0% | Tirupur, Tamil Nadu, India | |||
| Crosfield Textile Chemicals (India) Private Limited | ₹144.94 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Devico Sarees Private Limited, buy the company report.
Auditor
Devico Sarees Private Limited is audited by MUKESH SRIVASTAVA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH SRIVASTAVA & CO. | FY 2023 | 004978C |
Shareholding
The shareholding of Devico Sarees 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 Devico Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2018 | 100240154 | Others | ₹6.9 Cr | Open | |
| 29 Dec 2017 | 100208063 | Others | ₹7.1 Cr | Satisfied |
To see the full charge records of Devico Sarees Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devico Sarees 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
Devico Sarees Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 36 overdue payments to 21 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 (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Roop Silk & Sarees,Jaipur | |||
| B. K. Silk Mills Private Limited | |||
| an individual supplier | |||
| Ayaan Trenddz Private Limited |
To see the full MSME payment records of Devico Sarees Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Devico Sarees Private Limited has a workforce of 66 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Devico Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCD0174K1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devico Sarees Private Limited, buy the company report.
Recent activity
Devico Sarees Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Gaurav Agarwal was appointed as Director on 15 Feb 2017.
Frequently asked questions
Devico Sarees is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 15 February 2017 (9+ years old) and is registered under CIN U74999UP2017PTC090468.
Devico Sarees has 3 current directors:
- Parul Agarwal - Director
- Gaurav Agarwal - Director
- Laxmi Agarwal - Director
The latest financial statements of Devico Sarees 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 FY 2017 are in the company report.
The GSTIN of Devico Sarees is 09AAGCD0174K1ZJ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Devico Sarees is U74999UP2017PTC090468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devico Sarees was incorporated on 15 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Devico Sarees by revenue are Mahakash Trexim Private Limited, JBN Impex Private Limited, Dwarkadas Trading Company Private Limited, Kashish Tradewell Private Limited, Aplaya Creations Limited and 3 more, all in the Consumer Products industry (Sarees, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Gaurav Agarwal was appointed as Director on 15 Feb 2017. Laxmi Agarwal was appointed as Director on 15 Feb 2017. Parul Agarwal was appointed as Director on 15 Feb 2017.
Yes, Devico Sarees is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-43-0018480).
Devico Sarees has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 36 overdue payments to 21 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Devico Sarees can be reached through the website deviandcompany.com. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of Devico Sarees is at 48226 General Ganj, Kanpur, Uttar Pradesh, India – 208001.