Devolt India Private Limited
About Devolt India Private Limited
Data last updated:
Devolt India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 03 November 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36109DL2022PTC406475. Its GSTIN is 07AAJCD6516E1ZR (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akshay Shanker Saraswat and Pawan Patidar.
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 Kh No. 321 Ignou Road Neb Sarai, New Delhi, Delhi, India – 110068.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.06 Lakh (net margin -18.7%) and EBITDA of -₹6.09 Lakh (EBITDA margin -14.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressKh No. 321 Ignou Road Neb Sarai, New Delhi, Delhi, India – 110068
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Devolt India Private Limited
The main business activity of Devolt India is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | 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 Devolt India Private Limited FY 2025 filings available
Devolt India Private Limited reported revenue of ₹43.11 Lakh (up 1813% YoY) for FY 2024.
Financial Statement Summary of Devolt India Private Limited
| Metrics | 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 | -₹6.09 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹8.06 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 Devolt India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -14.1% | •••• |
| Net Profit Margin | -18.7% | •••• |
| 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 Devolt India 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 Devolt India Private Limited
Devolt India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skipper Vintrade Private Limited | ₹43.62 Lakh (FY 2023) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Satyam Trading Co Ltd | ₹43.51 Lakh (FY 2025) | •••• | •••• | 264.0% | •••• | Kolkata, West Bengal, India |
| Socconoa Autocomp Private Limited | ₹43.44 Lakh (FY 2023) | •••• | •••• | 420.0% | •••• | Pune, Maharashtra, India |
| Technomax Enterprises Energy Solutions Private Limited | ₹43.31 Lakh (FY 2021) | •••• | •••• | -62.0% | •••• | Navi Mumbai, Maharashtra, India |
| Tsi Mep (I) Private Limited | ₹43.28 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Pune, Maharashtra, India |
| Devolt India Private Limited this company | ₹43.11 Lakh (FY 2024) | •••• | •••• | 1813.0% | •••• | New Delhi, Delhi, India |
| Kashyap Material Handling Equipment Private Limited | ₹42.89 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Delhi, India |
| Chinson Material Supply (OPC) Private Limited | ₹42.82 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Ernakulam, Kerala, India |
| Cot Export Private Limited | ₹42.69 Lakh (FY 2021) | •••• | •••• | -29.0% | •••• | Mehsana, Gujarat, India |
| Shuban Atya Enterprises Private Limited | ₹42.67 Lakh (FY 2025) | •••• | •••• | •••• | Telangana, India | |
| PD Drums Private Limited | ₹42.47 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Devolt India by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devolt India Private Limited
Devolt India Private Limited is audited by Godani Bansal & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Godani Bansal & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devolt India Private Limited
Devolt India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Shanker Saraswat | Director | 03 Nov 2022 | 3 Years 11 Months | Current |
| Pawan Patidar Also directs: Tecuno India Private Limited | Director | 03 Nov 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Devolt India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devolt India Private Limited
Devolt India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Devolt India Private Limited
Devolt India Private Limited has a workforce of 0 employees as of Apr 03, 2024.
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 Devolt India Private Limited
Devolt India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Akshay Shanker Saraswat was appointed as Director on 03 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Devolt India 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 Devolt India 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 Devolt India 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 Devolt India Private Limited
Devolt India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAJCD6516E1ZR | Delhi | Active | 10 Feb 2023 |
| 09ABJCS3365B1ZB | Uttar Pradesh | Active | 28 Sep 2022 |
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 Devolt India 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 Devolt India Private Limited
Devolt India is an active private limited company based in New Delhi, Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 03 November 2022 (4+ years old) and is registered under CIN U36109DL2022PTC406475.
Devolt India reported revenue of ₹43.11 Lakh for FY 2024 (up 1813% YoY).
Devolt India has 2 current directors:
- Akshay Shanker Saraswat - Director
- Pawan Patidar - Director
Devolt India reported a net loss of ₹8.06 Lakh (net margin -18.7%) and EBITDA of -₹6.09 Lakh (EBITDA margin -14.1%) for FY 2024, as per its filed financial statements.
The GSTIN of Devolt India is 07AAJCD6516E1ZR, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09ABJCS3365B1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Devolt India is U36109DL2022PTC406475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devolt India was incorporated on 03 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Devolt India by revenue are Skipper Vintrade Private Limited, Satyam Trading Co Ltd, Socconoa Autocomp Private Limited, Technomax Enterprises Energy Solutions Private Limited, Tsi Mep (I) Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Akshay Shanker Saraswat was appointed as Director on 03 Nov 2022. Pawan Patidar was appointed as Director on 03 Nov 2022.
The registered office of Devolt India is at Kh No. 321 Ignou Road Neb Sarai, New Delhi, Delhi, India – 110068.
Devolt India has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.