- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0097099

Devlon Finserv Private Limited
About Devlon Finserv Private Limited
Data last updated:
Devlon Finserv Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 07 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14100GJ2005PTC045276. Its GSTIN is 24AACCC5602M1ZT (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Devlon Techno Services Private Limited. It is led by directors Rajlaxmi Surendra Shekhawat and Swati Sahai Rai.
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 402 Shilp Arcade Near Jodhpur Char Rasta Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.05 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹39,571 (net margin 7.8%) and EBITDA of ₹1.21 Lakh (EBITDA margin 23.9%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 24% over five years.
Devlon Finserv Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0097099). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Devlon Finserv
Contact details
Devlon Finserv Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address402 Shilp Arcade Near Jodhpur Char Rasta Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Devlon Finserv 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 Devlon Finserv is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Devlon Finserv Private Limited, buy the company report.
Financials of Devlon Finserv Private Limited
FY 2025 filings availableDevlon Finserv Private Limited reported revenue of ₹5.05 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 8% fall in the latest year. EBITDA rose 76% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39,571 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.9% | ||||
| Net Profit Margin | 7.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Devlon Finserv Private Limited, buy the company report.
Board of directors of Devlon Finserv Private Limited
Devlon Finserv 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 |
|---|---|---|---|---|
| Rajlaxmi Surendra Shekhawat | Director | 07 Jan 2005 | 21 Years 10 Months | Current |
| Swati Sahai Rai | Additional Director | 21 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Devlon Finserv Private Limited is audited by PRAFULL GANGAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAFULL GANGAL & CO | FY 2017 | 132761W |
Shareholding
The shareholding of Devlon Finserv Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Devlon Finserv Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devlon Finserv 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 Devlon Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devlon Finserv has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC5602M1ZT | Gujarat | Active | 25 Oct 2018 |
To see the full GST registrations and return filing status of Devlon Finserv Private Limited, buy the company report.
Recent activity
Devlon Finserv Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Surendrasingh Shekhawat ceased to be Additional Director on 21 Apr 2017.
Frequently asked questions
Devlon Finserv is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 07 January 2005 (21+ years old) and is registered under CIN U14100GJ2005PTC045276.
Devlon Finserv has 2 current directors:
- Rajlaxmi Surendra Shekhawat - Director
- Swati Sahai Rai - Additional Director
The latest financial statements of Devlon Finserv 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 Devlon Finserv is 24AACCC5602M1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Devlon Finserv is U14100GJ2005PTC045276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devlon Finserv was incorporated on 07 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Surendrasingh Shekhawat ceased to be Additional Director on 21 Apr 2017. Swati Sahai Rai was appointed as Additional Director on 21 Apr 2017. Rituraj Rajendra Pathak ceased to be Director on 20 May 2015. Devlon Finserv has 5 board changes on record in total.
Yes, Devlon Finserv is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0097099).
The registered office of Devlon Finserv is at 402 Shilp Arcade Near Jodhpur Char Rasta Satellite, Ahmedabad, Gujarat, India – 380015.
Devlon Finserv operates in the travel and hospitality industry, in the consumer professional services segment.

