About Devise Software Solutions Private Limited
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Devise Software Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2010PTC063224.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhumika Kaushal Bharadia and Kaushal Harishbhai Bharadia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 516 And 517 5th Floor Race Course Towers Pashabhai Park Race Course, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.86 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹3.03 Lakh (net margin -3.9%) and EBITDA of -₹1.13 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company is associated with 1 brand: Devise Software Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devisesystems.com.
Company details
Contact details
Devise Software Solutions Private Limited's registered office is in Vadodara, Gujarat. Its website is devisesystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address516 And 517 5th Floor Race Course Towers Pashabhai Park Race Course, Vadodara, Gujarat, India – 390020
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Devise Software Solutions 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
Brands
Devise Software Solutions operates one associated brand: Devise Software Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers data management, analytics, GIS, and hospitality software solutions to businesses. | devisesystems.com |
Business activity
The main business activity of Devise Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Devise Software Solutions Private Limited, buy the company report.
Financials of Devise Software Solutions Private Limited
FY 2023 filings availableDevise Software Solutions Private Limited reported revenue of ₹77.86 Lakh (down 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 105% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹77.86 Lakh | ||||
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| EBITDA | -₹1.13 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -3.9% | ||||
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To see the full financial statements and ratios of Devise Software Solutions Private Limited, buy the company report.
Board of directors of Devise Software Solutions Private Limited
Devise Software Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhumika Kaushal Bharadia | Director | 27 Jun 2013 | 13 Years 4 Months | Current |
| Kaushal Harishbhai Bharadia | Director | 11 Dec 2010 | 15 Years 10 Months | Current |
Auditor
Devise Software Solutions Private Limited is audited by PAURAMVKMEHTA& ASSOCVIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAURAMVKMEHTA& ASSOCVIATES | FY 2023 | 129071W |
Shareholding
The shareholding of Devise Software Solutions 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 Devise Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devise Software Solutions 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 Devise Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devise Software Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devise Software Solutions Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Bhumika Kaushal Bharadia ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Devise Software Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 December 2010 (16+ years old) and is registered under CIN U72200GJ2010PTC063224.
Devise Software Solutions has 2 current directors:
- Bhumika Kaushal Bharadia - Director
- Kaushal Harishbhai Bharadia - Director
The latest financial statements of Devise Software Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devise Software Solutions is U72200GJ2010PTC063224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devise Software Solutions was incorporated on 11 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhumika Kaushal Bharadia ceased to be Additional Director on 30 Sep 2013. Darshan Mukunchandra Thaker ceased to be Director on 10 Jul 2013. Bhumika Kaushal Bharadia was appointed as Director on 27 Jun 2013. Devise Software Solutions has 6 board changes on record in total.
Devise Software Solutions can be reached through the website devisesystems.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Devise Software Solutions is at 516 And 517 5th Floor Race Course Towers Pashabhai Park Race Course, Vadodara, Gujarat, India – 390020.
Devise Software Solutions operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Devise Software Solutions is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
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