Devika Properties Private Limited
About Devika Properties Private Limited
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Devika Properties Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70109OR1998PTC005412. Its GSTIN is 21AABCD4444R1ZJ (Odisha).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.4 Lakh. It is led by directors Meera Panda (Managing Director) and Prashant Shekhar Panda.
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 20 Govind Vihar Bomikhal, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.99 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 65.8%) and EBITDA of ₹1.92 Cr (EBITDA margin 96.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 14% over five years.
As per MCA filings, the company has satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devika Properties Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20 Govind Vihar Bomikhal, Bhubaneswar, Odisha, India – 751010
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Devika Properties 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 Devika Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Devika Properties Private Limited, buy the company report.
Financials of Devika Properties Private Limited
FY 2025 filings availableDevika Properties Private Limited reported revenue of ₹1.99 Cr (down 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 43% 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 |
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| EBITDA | ₹1.92 Cr | ||||
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| Net Profit (PAT) | ₹1.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 96.4% | ||||
| Net Profit Margin | 65.8% | ||||
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To see the full financial statements and ratios of Devika Properties Private Limited, buy the company report.
Board of directors of Devika Properties Private Limited
Devika Properties has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Shekhar Panda Also directs: Somnath Commercials Private Limited | Director | 18 Feb 2013 | 13 Years 8 Months | Current |
| Meera Panda Also directs: Somnath Commercials Private Limited | Managing Director | 11 Aug 1998 | 28 Years 2 Months | Current |
Peer comparison
Devika Properties Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nabh Juris Private Limited | ₹2 Cr (FY 2020) | 3.0% | Mumbai, Maharashtra, India | |||
| Devika Properties Private Limitedthis company | ₹1.99 Cr (FY 2024) | ₹1.31 Cr | 65.8% | -41.0% | Bhubaneswar, Odisha, India | |
| Sonia Hospital Private Limited. | ₹1.98 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Eis Infra & Technology Private Limited | ₹1.98 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India | |||
| Vetrivel Towers Private Limited | ₹1.98 Cr (FY 2025) | 5350.0% | Coimbatore, Tamil Nadu, India | |||
| Accent Softech Private Limited | ₹1.98 Cr (FY 2023) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Devika Properties Private Limited, buy the company report.
Auditor
Devika Properties Private Limited is audited by ABHISHEK MISHRA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK MISHRA & CO | FY 2022 | 326681E |
Shareholding
The shareholding of Devika Properties Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devika Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2001 | 90081098 | Allahabad Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Devika Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Devika Properties 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
No delayed payments to MSME suppliers are on our record for Devika Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devika Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCD4444R1ZJ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devika Properties Private Limited, buy the company report.
Recent activity
Devika Properties Private Limited has 5 board changes on record since 1998: 2 appointments and 3 cessations. The latest: Meera Panda ceased to be Managing Director on 29 Nov 2021.
Frequently asked questions
Devika Properties is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 August 1998 (28+ years old) and is registered under CIN U70109OR1998PTC005412.
Devika Properties has 2 current directors:
- Meera Panda - Managing Director
- Prashant Shekhar Panda - Director
The latest financial statements of Devika Properties 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 Devika Properties is 21AABCD4444R1ZJ, registered in Odisha.
The CIN (Corporate Identification Number) of Devika Properties is U70109OR1998PTC005412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devika Properties was incorporated on 11 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Devika Properties by revenue are Nabh Juris Private Limited, Sonia Hospital Private Limited, Eis Infra & Technology Private Limited, Vetrivel Towers Private Limited, Accent Softech Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Meera Panda ceased to be Managing Director on 29 Nov 2021. Devika Panda ceased to be Director on 18 Feb 2013. Prashant Shekhar Panda was appointed as Director on 18 Feb 2013. Devika Properties has 5 board changes on record in total.
The registered office of Devika Properties is at 20 Govind Vihar Bomikhal, Bhubaneswar, Odisha, India – 751010.
Devika Properties operates in the financial services industry, in the real estate financing segment.
Devika Properties has no open charges and satisfied charges of ₹20 Lakh as per latest MCA filings.
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