About Devinova Software Solutions Private Limited
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Devinova Software Solutions Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 05 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2023PTC169928.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raghurama Mandagadde Raju Naik and Raju Naik.
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 No.14 Sri Devi Nilaya Sahakari Nagar J. H. Patel Extn, Shimoga, Karnataka, India – 577204.
As per the financials filed for FY 2025, the company reported a revenue of ₹57,014, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹6.03 Lakh and EBITDA of -₹5.53 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devinova.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.14 Sri Devi Nilaya Sahakari Nagar J. H. Patel Extn, Shimoga, Karnataka, India – 577204
- IndustryInformation Technology, Other Computer Related Activities
- 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 Devinova Software Solutions Private Limited
The main business activity of Devinova Software Solutions is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | 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 Devinova Software Solutions Private Limited FY 2025 filings available
Devinova Software Solutions Private Limited reported revenue of ₹57,014 (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devinova Software Solutions Private Limited
Revenue fell 87% in the latest year. EBITDA fell 426% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Devinova Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹5.53 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.03 Lakh | •••• | •••• |
| 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 Devinova Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 Devinova Software Solutions are in the company report.
Financial statements from FY 2023
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 Devinova Software Solutions Private Limited
Devinova Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Information service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hbam Private Limited | ₹60,000 (FY 2025) | •••• | •••• | -42.0% | •••• | Dhanbad, Jharkhand, India |
| Optionscrack Tech (OPC) Private Limited | ₹59,599 (FY 2024) | •••• | •••• | •••• | Alathur, Kerala, India | |
| Cyber Launchers Private Limited | ₹59,322 (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Jagadish IT & HR Solutions Private Limited | ₹59,200 (FY 2025) | •••• | •••• | 1273.0% | •••• | Kotma, Madhya Pradesh, India |
| Pascit (OPC) Private Limited | ₹59,081 (FY 2025) | •••• | •••• | 685.0% | •••• | Bangalore, Karnataka, India |
| Devinova Software Solutions Private Limited this company | ₹57,014 (FY 2025) | •••• | •••• | -87.0% | •••• | Shimoga, Karnataka, India |
| Tavoite Starke Services Private Limited | ₹56,887 (FY 2024) | •••• | •••• | •••• | Delhi, India | |
| Brand Kiroriwal Production Private Limited | ₹56,558 (FY 2025) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Head Hunter Softwares Private Limited | ₹56,000 (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Epta Shine Private Limited | ₹56,000 (FY 2025) | •••• | •••• | 2799900.0% | •••• | Bangalore, Karnataka, India |
| Type Beyond Foundry Private Limited | ₹55,530 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Devinova Software Solutions by revenue in the same principal business activity (Information service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Devinova Software Solutions Private Limited
Devinova Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghurama Mandagadde Raju Naik | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
| Raju Naik | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
Charges & Borrowings of Devinova Software Solutions Private Limited
Devinova Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devinova Software Solutions Private Limited
Employment history and EPFO contributions of people linked to Devinova Software Solutions.
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.
Recent Activity on Devinova Software Solutions Private Limited
Devinova Software Solutions Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Raghurama Mandagadde Raju Naik was appointed as Director on 05 Jan 2023.
Credit Ratings, Litigation & Regulatory Alerts for Devinova Software Solutions Private 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 Devinova Software Solutions Private 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 Devinova Software Solutions Private 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 Devinova Software Solutions Private Limited
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 Devinova Software Solutions Private 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 Devinova Software Solutions Private Limited
Devinova Software Solutions is an active private limited company based in Shimoga, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 05 January 2023 (3+ years old) and is registered under CIN U72900KA2023PTC169928.
Devinova Software Solutions reported revenue of ₹57,014 for FY 2025 (down 87% YoY).
Devinova Software Solutions has 2 current directors:
- Raghurama Mandagadde Raju Naik - Director
- Raju Naik - Director
Devinova Software Solutions reported a net loss of ₹6.03 Lakh and EBITDA of -₹5.53 Lakh for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Devinova Software Solutions is U72900KA2023PTC169928. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devinova Software Solutions was incorporated on 05 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Devinova Software Solutions by revenue are Hbam Private Limited, Optionscrack Tech (OPC) Private Limited, Cyber Launchers Private Limited, Jagadish IT & HR Solutions Private Limited, Pascit (OPC) Private Limited and 5 more, all in the same principal business activity (Information service activities).
Raghurama Mandagadde Raju Naik was appointed as Director on 05 Jan 2023. Raju Naik was appointed as Director on 05 Jan 2023.
Devinova Software Solutions can be reached through the website devinova.in. Its registered office is in Shimoga, Karnataka, India.
The registered office of Devinova Software Solutions is at No.14 Sri Devi Nilaya Sahakari Nagar J. H. Patel Extn, Shimoga, Karnataka, India – 577204.
Devinova Software Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.