Devika Fibres Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Surat City, Gujarat, India, established in 1993.
1993 Surat City, Gujarat, India Active
Last Updated:
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About Devika Fibres Pvt Ltd

Devika Fibres Pvt Ltd, a active private limited company, was established on 23 September 1993 in Surat City, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17119GJ1993PTC157205. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.11 Cr and a paid-up capital of ₹2.14 Cr.

It upholds a compliant status. Employing 15 professional, Its leadership includes Ashok Sultania (Director), Rashmi Sultania (Director), Jayeshbhai Chunilal Bhagwakar (Director). Past directors included Gopal Sultania, Arun Agarwal Kumar, Sourabh Bimalkumar Bansal. It holds ₹195.49 Cr open charges and ₹403.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Off 407 Rajhans Complex Nr, Nirmal Hospital Ring Road, Surat City, Gujarat, 395001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17119GJ1993PTC157205

  • Registration Number

    157205

  • Incorporation Date

    23 September 1993

  • Authorized Capital

    ₹4.11 Cr

  • Paid-Up Capital

    ₹2.14 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.11 Cr
  • Paid Up Capital ₹ 2.14 Cr
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 195.49 Cr
  • Satisfied Charges ₹ 403.14 Cr
  • Revenue Growth **** 1.76%
  • Profit Growth **** -145.59%
  • Ebitda **** 50.41%
  • Net Worth -5.46%
  • Total Assets **** 20.21%
Company report

Devika Fibres Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Devika Fibres Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Devika Fibres Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Ashok Sultania Director 03 Feb 1997 Current
Rashmi Sultania Director 04 Jul 2019 Current
Jayeshbhai Chunilal Bhagwakar Director 31 Dec 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Jul 2019 Past
Pramod Abcsdd Director 01 Dec 2011 Past
Pramod Abcsdd Director 01 Mar 2009 Past

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Financial Performance of Devika Fibres.

Devika Fibres Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 1.76% increase. The company also saw a substantial fall in profitability, with a 145.59% decrease in profit. The company's net worth dipped by a decrease of 5.46%.

Devika Fibres revenue growth over time
Devika Fibres profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 1.76%
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*******
Revenue from Operations
*******
 5.90%
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*******
*******
Total Assets
*******
 20.21%
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*******
*******
*******
Profit or Loss
*******
 -145.59%
*******
*******
*******
*******
Net Worth
*******
 -5.46%
*******
*******
*******
*******
EBITDA
*******
 50.41%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Devika Fibres?

In 2023, Devika Fibres had a promoter holding of 67.88% and a public holding of 32.12%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,954,931,574.00

Satisfied Charges

₹4,031,400,000.00

Charges Breakdown by Lending Institutions
  • Others : 175.36 Cr
  • State Bank Of India : 19.30 Cr
  • Hdfc Bank Limited : 0.84 Cr
Latest Charge Details
Date Lender Amount Status
22 Sep 2025 State Bank Of India ₹1.38 M Open
22 Sep 2025 State Bank Of India ₹19.16 Cr Open
31 Jan 2025 Hdfc Bank Limited ₹8.35 M Open
02 Aug 2021 Others ₹87.68 Cr Open
30 Jul 2021 Others ₹87.68 Cr Open

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How Many Employees Work at Devika Fibres?

Devika Fibres has a workforce of 15 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devika Fibres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Devika Fibres's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Devika Fibres
Recent Activity within the Organization
  • Charges

    A charge with State Bank Of India amounted to Rs. 0.14 Cr with Charge ID 101169080 was registered on 22 Sep 2025. was recorded as a recent event.

  • Charges

    A charge with State Bank Of India amounted to Rs. 19.16 Cr with Charge ID 101177193 was registered on 22 Sep 2025. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 87.68 Cr registered on 02 Aug 2021 with Charge ID 100472896 was modified on 04 Apr 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 87.68 Cr registered on 30 Jul 2021 with Charge ID 100473310 was modified on 04 Apr 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.84 Cr with Charge ID 101043562 was registered on 31 Jan 2025. was documented.

  • Annual General Meeting

    The activity Devika Fibres Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Devika Fibres Pvt Ltd?

The CIN of Devika Fibres Pvt Ltd is U17119GJ1993PTC157205.

Where is Devika Fibres Pvt Ltd headquartered?

Devika Fibres Pvt Ltd is headquartered at Off 407 Rajhans Complex Nr, Nirmal Hospital Ring Road, Surat City, Gujarat, 395001.

When was Devika Fibres Pvt Ltd incorporated?

Devika Fibres Pvt Ltd was incorporated on 23 September 1993.

Who are the current directors of Devika Fibres Pvt Ltd?

The current directors of Devika Fibres Pvt Ltd are

What is the primary industry of Devika Fibres Pvt Ltd?

The primary industry of Devika Fibres Pvt Ltd is Manufacturing.

Is Devika Fibres Pvt Ltd a listed company?

Devika Fibres Pvt Ltd is unlisted.

What is the capital structure of Devika Fibres Pvt Ltd?

The authorized capital of Devika Fibres Pvt Ltd is ₹4.11 Cr, and the paid-up capital is ₹2.14 Cr.

What is the compliance status of Devika Fibres Pvt Ltd?

The compliance status of Devika Fibres Pvt Ltd is Compliant.

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