Devon Forex Private Limited - Company Profile

It is a financial services private limited company based in Ashram Road, Ahmedabad, Gujarat, India, established in 2018.
2018 Ashram Road, Ahmedabad, Gujarat, India Struck Off
Last Updated:
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About Devon Forex Private Limited

Devon Forex Private Limited, a struck off private limited company, was established on 18 December 2018 in Ashram Road, Ahmedabad, Gujarat, India. Engaging in other financial intermediation within the financial services sector, it holds CIN: U65990GJ2018PTC105673. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.70 M and a paid-up capital of ₹2.70 M.

Its leadership includes Maksud Ahmed Mubarak Ali Patel (Director), Mubarak Ali Mahmadbhai Patel (Director). Its latest AGM occurred on 28 December 2020, with the balance sheet filed on 31 March 2020. It is based at 208-B, Second Floor, Sakar-9, Nr.Old Reserve Bank, Opp.Times Of India,, Ashram Road, Ahmedabad, Gujarat, 380009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65990GJ2018PTC105673

  • Registration Number

    105673

  • Incorporation Date

    18 December 2018

  • Authorized Capital

    ₹2.70 M

  • Paid-Up Capital

    ₹2.70 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 2.70 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth **** 270.51%
  • Ebitda **** -49.87%
  • Net Worth ****
  • Total Assets **** 3.03%
Company report

Devon Forex Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Devon Forex Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Devon Forex Private Limited?
Current Directors
Name Designation Appointment Date Status
Maksud Ahmed Mubarak Ali Patel Director 18 Dec 2018 Current
Mubarak Ali Mahmadbhai Patel Director 18 Dec 2018 Current

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Financial Performance of Devon Forex.

Devon Forex Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 270.51% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Devon Forex revenue growth over time
Devon Forex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 270.51%
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Revenue from Operations
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Total Assets
*******
 3.03%
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*******
*******
*******
Profit or Loss
*******
*******
*******
*******
*******
*******
Net Worth
*******
*******
*******
*******
*******
*******
EBITDA
*******
 -49.87%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Devon Forex?

Unlock access to Devon Forex's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Devon Forex?

Unlock and access historical data on people associated with Devon Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Devon Forex
Recent Activity within the Organization
  • Annual General Meeting

    Devon Forex Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Devon Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Maksud Ahmed Mubarak Ali Patel was appointed as a Director was appointed as a Director on 18 Dec 2018 & has been associated with this company since 7 years 2 months . was completed.

  • Director Appointment

    Mubarak Ali Mahmadbhai Patel was appointed as a Director was appointed as a Director on 18 Dec 2018 & has been associated with this company since 7 years 2 months . was recorded as a recent event.

  • Company Incorporation

    Devon Forex Private Limited was registered on 18 Dec 2018 with Roc Ahmedabad & aged 7 years 2 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Devon Forex Private Limited?

The CIN of Devon Forex Private Limited is U65990GJ2018PTC105673.

Where is Devon Forex Private Limited headquartered?

Devon Forex Private Limited is headquartered at 208-B, Second Floor, Sakar-9, Nr.Old Reserve Bank, Opp.Times Of India,, Ashram Road, Ahmedabad, Gujarat, 380009.

When was Devon Forex Private Limited incorporated?

Devon Forex Private Limited was incorporated on 18 December 2018.

Who are the current directors of Devon Forex Private Limited?

The current directors of Devon Forex Private Limited are

What is the primary industry of Devon Forex Private Limited?

The primary industry of Devon Forex Private Limited is Financial Services.

Is Devon Forex Private Limited a listed company?

Devon Forex Private Limited is unlisted.

What is the capital structure of Devon Forex Private Limited?

The authorized capital of Devon Forex Private Limited is ₹2.70 M, and the paid-up capital is ₹2.70 M.

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