About Devraj Investments Pvt Ltd
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Devraj Investments Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 24 April 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1984PTC032743.
The company has an authorised share capital of ₹5.5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Deepak Paras Gundecha and Paras Devraj Gundecha.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.27 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹97.11 Lakh and EBITDA of ₹97.11 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gundechabuilders.com.
Company details
Contact details
Devraj Investments Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is gundechabuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address801 Hub – Town Solaris N S Phadke Marg Near Flyover Off Teli Gali Andheri – E, Ast, Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Devraj Investments Pvt Ltd, 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 Devraj Investments Pvt Ltd
FY 2025 filings availableDevraj Investments Pvt Ltd reported revenue of ₹3.27 Lakh (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 81% fall in the latest year. EBITDA rose 134% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹97.11 Lakh | ||||
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| Net Profit (PAT) | ₹97.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Devraj Investments Pvt Ltd, buy the company report.
Board of directors of Devraj Investments Pvt Ltd
Devraj Investments has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Paras Gundecha Also directs: Gundecha Realty LLP, Gundecha Builders Private Limited, Capricon Developers Private Limited and 5 more | Director | 15 Dec 2006 | 19 Years 10 Months | Current |
| Paras Devraj Gundecha Also directs: Gundecha Realty LLP, Gundecha Builders Private Limited, Capricon Developers Private Limited and 5 more | Director | 24 Apr 1984 | 42 Years 6 Months | Current |
Peer comparison
Devraj Investments Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Celebrus Capital Limited | ₹3.29 Lakh (FY 2020) | -100.0% | Kochi, Kerala, India | |||
| Vora and Company Publishers Private Limited | ₹3.29 Lakh (FY 2022) | 40.0% | Mumbai, Maharashtra, India | |||
| Khandaka Finance Private Limited | ₹3.28 Lakh (FY 2025) | 21.0% | Jaipur, Rajasthan, India | |||
| Mars Equities Private Limited | ₹3.28 Lakh (FY 2024) | 359.0% | Hyderabad, Telangana, India | |||
| Benera Enterprises Private Limited | ₹3.27 Lakh (FY 2024) | -69.0% | Delhi, India | |||
| Devraj Investments Pvt Ltdthis company | ₹3.27 Lakh (FY 2025) | ₹97.11 Lakh | -81.0% | Mumbai, Maharashtra, India | ||
| Equest Technology Private Limited | ₹3.27 Lakh (FY 2024) | Ghaziabad, Uttar Pradesh, India | ||||
| Vishvin Investment Private Limited | ₹3.26 Lakh (FY 2025) | -97.0% | Delhi, India | |||
| Millennium Industries Private Limited | ₹3.25 Lakh (FY 2019) | 111.0% | Kolkata, West Bengal, India | |||
| Bullpower Vyapar Ltd | ₹3.25 Lakh (FY 2023) | -52.0% | Kolkata, West Bengal, India | |||
| Mitesh Broking Private Limited | ₹3.25 Lakh (FY 2025) | -23.0% | Bhavnagar, Gujarat, India |
To see the full peer comparison of Devraj Investments Pvt Ltd, buy the company report.
Auditor
Devraj Investments Pvt Ltd is audited by Dimple Punmiya for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dimple Punmiya | FY 2022 | 123082 |
Shareholding
The shareholding of Devraj Investments Pvt Ltd 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Devraj Investments Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Devraj Investments Pvt Ltd 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 Devraj Investments Pvt Ltd; 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 Devraj Investments Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devraj Investments Pvt Ltd has 3 board changes on record since 1984: 2 appointments and 1 cessation. The latest: Anil Kantilal Thanavala ceased to be Company Secretary on 31 Aug 2015.
Frequently asked questions
Devraj Investments is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 24 April 1984 (42+ years old) and is registered under CIN U65990MH1984PTC032743.
Devraj Investments has 2 current directors:
- Deepak Paras Gundecha - Director
- Paras Devraj Gundecha - Director
The latest financial statements of Devraj Investments 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 CIN (Corporate Identification Number) of Devraj Investments is U65990MH1984PTC032743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devraj Investments was incorporated on 24 April 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Devraj Investments by revenue are Celebrus Capital Limited, Vora and Company Publishers Private Limited, Khandaka Finance Private Limited, Mars Equities Private Limited, Benera Enterprises Private Limited and 5 more, all in the BFSI industry (Broking Services).
Anil Kantilal Thanavala ceased to be Company Secretary on 31 Aug 2015. Deepak Paras Gundecha was appointed as Director on 15 Dec 2006. Paras Devraj Gundecha was appointed as Director on 24 Apr 1984.
Devraj Investments can be reached through the website gundechabuilders.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Devraj Investments is at 801 Hub – Town Solaris N S Phadke Marg Near Flyover Off Teli Gali Andheri – E, Ast, Mumbai, Maharashtra, India – 400069.
Devraj Investments operates in the financial services industry, in the investment banking and advisory segment.
The compliance status of Devraj Investments is compliant as of 24 August 2026. The company is actively filing with the Registrar of Companies.