Devona Power Projects Limited
About Devona Power Projects Limited
Data last updated:
Devona Power Projects Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Rattanindia Power Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the power projects segment of the energy sector. It was incorporated on 13 September 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U40108DL2007PLC168156.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Indiabulls Power Projects Limited. It was led by directors including Alak Bihari Sahu and Gautam Wazir.
Its last annual general meeting (AGM) was held on 24 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2018, the company reported a revenue of ₹13,310, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹2,430 (net margin -18.3%) and EBITDA of -₹2,430 (EBITDA margin -18.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Company details
Contact details
Devona Power Projects Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037
- IndustryEnergy, Power Projects
To see the full contact details of Devona Power Projects 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
Financials of Devona Power Projects Limited
FY 2018 filings availableDevona Power Projects Limited reported revenue of ₹13,310 (down 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 7% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2,430 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2,430 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -18.3% | |||
| Net Profit Margin | -18.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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To see the full financial statements and ratios of Devona Power Projects Limited, buy the company report.
Board of directors of Devona Power Projects Limited
Devona Power Projects has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alak Bihari Sahu | Director | 15 Feb 2013 | 13 Years 8 Months | As last reported |
| Gautam Wazir Also directs: Camellia Energetics Private Limited, Neotec Insurance Brokers Limited, Antheia Engineers Private Limited and 4 more | Director | 10 Feb 2016 | 10 Years 9 Months | As last reported |
| Rakesh Ranjan | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Devona Power Projects Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Power Projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Makkan Hydropower Private Limited | ₹15,600 (FY 2025) | -17.0% | Solan, Himachal Pradesh, India | |||
| Decent Power Projects Private Limited | ₹15,480 (FY 2016) | 10.0% | Kolkata, West Bengal, India | |||
| Devona Thermal Power Projects Limited | ₹14,160 (FY 2018) | -9.0% | New Delhi, Delhi, India | |||
| JRP Infra Limited | ₹14,000 (FY 2024) | -46.0% | Chennai, Tamil Nadu, India | |||
| SMVD Power Projects Private Limited | ₹13,500 (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Devona Power Projects Limitedthis company | ₹13,310 (FY 2018) | -₹2,430 | -18.3% | -7.0% | New Delhi, Delhi, India | |
| Navia One Power Private Limited | ₹13,000 (FY 2025) | Gurgaon, Haryana, India | ||||
| Techman Energy Limited | ₹12,852 (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Greentek Systems (India) Private Limited | ₹12,488 (FY 2025) | 15.0% | Pune, Maharashtra, India | |||
| Ramhita Power Projects Private Limited | ₹12,149 (FY 2019) | -31.0% | Ratnagiri, Maharashtra, India | |||
| RMB Power Projects Private Limited | ₹11,376 (FY 2025) | -100.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Devona Power Projects Limited, buy the company report.
Auditor
Devona Power Projects Limited is audited by SHARMA GOEL & CO.LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA GOEL & CO.LLP | FY 2016 | 000643N |
Shareholding
The shareholding of Devona Power Projects Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devona Power Projects Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devona Power Projects 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 Devona Power Projects 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 Devona Power Projects Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devona Power Projects Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Gautam Wazir ceased to be Additional Director on 22 Sep 2016.
5 earlier events are in the company report.
Frequently asked questions
Devona Power Projects has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Devona Power Projects was a public limited company based in New Delhi, Delhi, India. The company worked in power projects, within the energy industry. It was incorporated on 13 September 2007 and is registered under CIN U40108DL2007PLC168156. The company has been struck off by the Registrar of Companies and is no longer operational.
Devona Power Projects had 3 directors:
- Alak Bihari Sahu - Director
- Gautam Wazir - Director
- Rakesh Ranjan - Director
The CIN (Corporate Identification Number) of Devona Power Projects is U40108DL2007PLC168156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Devona Power Projects is at A – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037.
Devona Power Projects was incorporated on 13 September 2007. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Devona Power Projects on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 September 2018. Year-wise statements from 2015 are in the company report.
Devona Power Projects operated in the energy industry, in the power projects segment. It worked in this industry before it was struck off.
The peers of Devona Power Projects by revenue are Makkan Hydropower Private Limited, Decent Power Projects Private Limited, Devona Thermal Power Projects Limited, JRP Infra Limited, SMVD Power Projects Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Gautam Wazir ceased to be Additional Director on 22 Sep 2016. Gautam Wazir was appointed as Director on 10 Feb 2016. Purushottam Kumar Suri ceased to be Director on 10 Feb 2016. Devona Power Projects has 14 board changes on record in total.
Yes. Devona Power Projects was formerly known as Indiabulls Power Projects Limited.
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