MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0061359
Devikkesh Novamate Boards Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.71 Cr
▲ 9% YoY
Net profit · FY 2025
₹28.9 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹2.53 Cr
EBITDA margin 5.4%
Authorised capital
₹6.8 Cr
Registered with MCA
Paid-up capital
₹6.8 Cr
Issued & subscribed
Open charges
₹17.3 Cr
Satisfied ₹46.3 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
19
Provident fund records
About Devikkesh Novamate Boards Private Limited
Data last updated:
Devikkesh Novamate Boards Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 11 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN1997PTC111835. Its GSTIN is 27AACCD2430L1ZS (Maharashtra).
The company has an authorised share capital of ₹6.8 Cr and a paid-up capital of ₹6.8 Cr. It was formerly known as Devikesh Constructions Private Limited. It is led by directors including Devichand Keshrimal Jain (Managing Director) and Hema Rakesh Jain.
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 32 2 Shantinagarmahatma Phule Peth, Pune, Maharashtra, India – 411042.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.71 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹28.9 Lakh (net margin 0.6%) and EBITDA of ₹2.53 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.3 Cr and satisfied charges of ₹46.3 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Devikkesh Novamate Boards Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0061359). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devikkesh.com.
Company details
CIN U70101PN1997PTC111835
Registration Number 111835
Incorporation Date 11 November 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0061359
Key People
Devichand Keshrimal Jain Managing Director Hema Rakesh Jain Director Ramesh Babulal Oswal Director Recognitions & Rankings of Devikkesh Novamate Boards
Contact details
Devikkesh Novamate Boards Private Limited's registered office is in Pune, Maharashtra. Its website is devikkesh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address32 2 Shantinagarmahatma Phule Peth, Pune, Maharashtra, India – 411042
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Devikkesh Novamate Boards Private Limited, buy the company report.
Comprehensive company report
Devikkesh Novamate Boards Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Devikkesh Novamate Boards is manufacturing. In detail, this covers manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 16 | Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials |
To see the full business activity and turnover split of Devikkesh Novamate Boards Private Limited, buy the company report.
Financials of Devikkesh Novamate Boards Private Limited
FY 2025 filings availableDevikkesh Novamate Boards Private Limited reported revenue of ₹46.71 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹46.71 Cr ▲ 9%
Net profit · FY 2025
₹28.9 Lakh margin 0.6%
EBITDA · FY 2025
₹2.53 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 5%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA fell 13% 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 | ₹2.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.9 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Devikkesh Novamate Boards Private Limited, buy the company report.
Board of directors of Devikkesh Novamate Boards Private Limited
Devikkesh Novamate Boards has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Rakesh Jain | Director | 11 Nov 1997 | 28 Years 11 Months | Current |
| Ramesh Babulal Oswal Also directs: PHRC Lifespace Organisation | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Devichand Keshrimal Jain Also directs: PHRC Lifespace Organisation, Devikkesh Eco Panels Private Limited, Deveer Decors Private Limited and 2 more | Managing Director | 22 May 2006 | 20 Years 5 Months | Current |
| Sachin Ramesh Jain Also directs: Devikkesh Eco Panels Private Limited, Deveer Decors Private Limited, Magnora Surrfaces Private Limited and 1 more | Director | 28 Mar 2016 | 10 Years 6 Months | Current |
| Viren Rakesh Jain Also directs: Deveer Decors Private Limited | Director | 13 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Devikkesh Novamate Boards Private Limited is audited by M/S. Y. B. KHADKIKAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S. Y. B. KHADKIKAR & CO. | FY 2023 | 105022W |
Shareholding
The shareholding of Devikkesh Novamate Boards 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 Devikkesh Novamate Boards Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.3 Cr
Satisfied charges
₹46.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2019 | 100300475 | Hdfc Bank Limited | ₹17.3 Cr | Open | |
| 18 Jan 2016 | 100050549 | Indian Bank | ₹26.54 Cr | Satisfied | |
| 07 Dec 2009 | 10189889 | Indian Bank | ₹35 Lakh | Satisfied | |
| 10 Aug 2006 | 10015620 | Indian Bank | ₹13.15 Cr | Satisfied | |
| 10 Aug 2006 | 10018411 | Indian Bank | ₹6.26 Cr | Satisfied |
To see the full charge records of Devikkesh Novamate Boards Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Devikkesh Novamate Boards Private Limited has 2 court cases on record: 2 filed by Devikkesh Novamate Boards. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Devikkesh Novamate Boards Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Devikkesh Novamate Boards Private Limited was last rated by Indiarating on 22 Nov 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 22 Nov 2018 |
To see the full credit ratings and regulatory alerts of Devikkesh Novamate Boards Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devikkesh Novamate Boards Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Devikkesh Novamate Boards Private Limited has a workforce of 19 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-29.63%
GST
Devikkesh Novamate Boards has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD2430L1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devikkesh Novamate Boards Private Limited, buy the company report.
Recent activity
Devikkesh Novamate Boards Private Limited has 11 board changes on record since 1997: 5 appointments and 6 cessations. The latest: Ramesh Babulal Oswal was appointed as Director on 22 Aug 2022.
AGM
Devikkesh Novamate Boards Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Devikkesh Novamate Boards Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited of Rs. 17.30 Cr registered on 18 Oct 2019 with Charge ID 100300475 was modified on 01 Jun 2023.
Appointed
Ramesh Babulal Oswal was appointed as Director.
Charges
A charge registered on 18 Jan 2016 via Charge ID 100050549 with Indian Bank was fully satisfied on 21 Nov 2019.
Charges
A charge registered on 07 Dec 2009 via Charge ID 10189889 with Indian Bank was fully satisfied on 21 Nov 2019.
Charges
A charge registered on 10 Aug 2006 via Charge ID 10018411 with Indian Bank was fully satisfied on 21 Nov 2019.
Charges
A charge registered on 10 Aug 2006 via Charge ID 10015620 with Indian Bank was fully satisfied on 21 Nov 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.30 Cr with Charge ID 100300475 was registered on 18 Oct 2019.
Ceased
Viren Rakesh Jain ceased to be Additional Director.
Ceased
Sheetal Navalmal Jain ceased to be Director.
Appointed
Viren Rakesh Jain was appointed as Director.
13 earlier events are in the company report.
Frequently asked questions
Devikkesh Novamate Boards is an active private limited company based in Pune, Maharashtra, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 11 November 1997 (29+ years old) and is registered under CIN U70101PN1997PTC111835.
Devikkesh Novamate Boards has 5 current directors:
- Devichand Keshrimal Jain - Managing Director
- Hema Rakesh Jain - Director
- Ramesh Babulal Oswal - Director
- Sachin Ramesh Jain - Director
- Viren Rakesh Jain - Director
The latest financial statements of Devikkesh Novamate Boards 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 Devikkesh Novamate Boards is 27AACCD2430L1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Devikkesh Novamate Boards is U70101PN1997PTC111835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devikkesh Novamate Boards has 2 court cases on record: 2 filed by the company. 2 are pending.
Devikkesh Novamate Boards was incorporated on 11 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Ramesh Babulal Oswal was appointed as Director on 22 Aug 2022. Viren Rakesh Jain ceased to be Additional Director on 29 Sep 2017. Sheetal Navalmal Jain ceased to be Director on 17 Aug 2017. Devikkesh Novamate Boards has 11 board changes on record in total.
Yes, Devikkesh Novamate Boards is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0061359).
Devikkesh Novamate Boards can be reached through the website devikkesh.com. Its registered office is in Pune, Maharashtra, India.