
Devona Properties Limited
About Devona Properties Limited
Data last updated:
Devona Properties Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Indiabulls Real Estate Limited. It operates in the building construction segment of the construction sector. It was incorporated on 09 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PLC303672.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Parth Sharma and Manish Riyal.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Devona Properties has one previous CIN (Corporate Identification Number): U45400DL2007PLC163132. The current CIN is U45400MH2007PLC303672, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400MH2007PLC303672 | Current |
| U45400DL2007PLC163132 | Previous |
Contact details
Devona Properties Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOne World Center Tower 2A, 4th Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryConstruction, Building Construction
To see the full contact details of Devona Properties 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 Properties Limited
FY 2025 filings availableFinancial 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Devona Properties Limited, buy the company report.
Board of directors of Devona Properties Limited
Devona Properties has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Sharma Also directs: Equinox India Assets Limited, Albasta Properties Limited, Sentia Real Estate Limited and 5 more | Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Manish Riyal Also directs: Varali Properties Limited, Mabon Constructions Limited, Albasta Real Estate Limited and 5 more | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Jagdish Also directs: Albasta Properties Limited, Sentia Real Estate Limited, Airmid Properties Limited and 5 more | Director | 17 May 2023 | 3 Years 5 Months | Current |
Auditor
Devona Properties Limited is audited by Agarwal Prakash & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Prakash & Co | FY 2023 | 005975N |
Shareholding
The shareholding of Devona Properties Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devona Properties Limited, buy the company report.
Legal cases
Devona Properties Limited has 2 court cases on record: 2 filed by Devona Properties. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Appeal | Filed by the company against Union of India and Others and 4 others | Disposed |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against Union of India and Others and 4 others | Disposed |
To see the full case history of Devona Properties Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devona Properties 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 Properties Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devona Properties Limited has 29 board changes on record since 2007: 16 appointments and 13 cessations. The latest: Abhinav Bhandari ceased to be Director on 26 Mar 2024.
20 earlier events are in the company report.
Frequently asked questions
Devona Properties is an active public limited company based in Mumbai, Maharashtra, India. The company works in building construction, within the construction industry. It was incorporated on 09 May 2007 (19+ years old) and is registered under CIN U45400MH2007PLC303672.
Devona Properties has 3 current directors:
- Parth Sharma - Director
- Manish Riyal - Director
- Jagdish - Director
The latest financial statements of Devona Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devona Properties is U45400MH2007PLC303672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devona Properties has 2 court cases on record: 2 filed by the company.
Devona Properties was incorporated on 09 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhinav Bhandari ceased to be Director on 26 Mar 2024. Manish Riyal was appointed as Director on 26 Mar 2024. Abhinav Bhandari was appointed as Director on 17 May 2023. Devona Properties has 29 board changes on record in total.
The registered office of Devona Properties is at One World Center Tower 2A, 4th Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
Devona Properties operates in the construction industry, in the building construction segment.
The compliance status of Devona Properties is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.

