Devshree Solar Lights Private Limited
About Devshree Solar Lights Private Limited
Data last updated:
Devshree Solar Lights Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 25 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40104RJ2016PTC049153. Its GSTIN is 08AAFCD5781P1ZX (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.52 Lakh. It is led by directors including Sanket Jain (Whole-Time Director) and Narendra Sain (Whole-Time Director).
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 105 F.F Metropolis Tower Ajmer Road, Jaipur, Rajasthan, India – 302063.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.49 Cr (net margin 6.5%) and EBITDA of ₹5.01 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 74% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.45 Cr and satisfied charges of ₹1.22 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address105 F.F Metropolis Tower Ajmer Road, Jaipur, Rajasthan, India – 302063
- IndustryMetals and Minerals, Metal 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 Devshree Solar Lights Private Limited
The main business activities of Devshree Solar Lights are trade and construction. In detail, this covers wholesale trading and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Devshree Solar Lights Private Limited FY 2025 filings available
Devshree Solar Lights Private Limited reported revenue of ₹53.37 Cr (up 242% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devshree Solar Lights Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 242% growth in the latest year. EBITDA rose 341% 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 of Devshree Solar Lights Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.49 Cr | •••• | •••• | •••• | •••• |
| 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 Devshree Solar Lights Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.5% | •••• | •••• | •••• | •••• |
| 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 Devshree Solar Lights are in the company report.
Financial statements from FY 2016
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 Devshree Solar Lights Private Limited
Devshree Solar Lights Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (EPC, BoP and BTG, Metal Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zunairah Metals Private Limited | •••• | •••• | •••• | •••• | - | Musheerabad, Telangana, India |
| Raghav Distributors Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Oriental Ferro-Alloys Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Relyon Solar Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Sanwaria Commosales Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Devshree Solar Lights Private Limited this company | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Umicore India Private Limited | •••• | •••• | •••• | •••• | 12 | Mumbai, Maharashtra, India |
| Sayani Steel Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Baid Steel Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Nortech Power Projects Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ramawatar Bansal Steels Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Devshree Solar Lights by revenue in the Metals and Minerals industry (EPC, BoP and BTG, Metal Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Devshree Solar Lights Private Limited
Devshree Solar Lights Private Limited is audited by VIJAIVARGIYA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIJAIVARGIYA & ASSOCIATES | 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 Devshree Solar Lights Private Limited
Devshree Solar Lights has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Chohan | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Sanket Jain Also directs: Ira Metal LLP | Whole-Time Director | 25 Jan 2016 | 10 Years 8 Months | Current |
| Narendra Sain Also directs: Ira Metal LLP | Whole-Time Director | 25 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Devshree Solar Lights 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 Devshree Solar Lights Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 21 Jan 2025 | Hdfc Bank Limited | ₹15.14 Lakh | Open |
| 27 Jul 2016 | Others | ₹10 Cr | Open |
| 13 Sep 2022 | Others | ₹23 Lakh | Satisfied |
| 12 Mar 2021 | Hdfc Bank Limited | ₹14.07 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Devshree Solar Lights Private Limited
Devshree Solar Lights Private Limited has a workforce of 33 employees as of Mar 22, 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 Devshree Solar Lights Private Limited
Devshree Solar Lights Private Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Navratan Meena ceased to be Director on 01 Apr 2025.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Devshree Solar Lights 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 Devshree Solar Lights 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 Devshree Solar Lights 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 Devshree Solar Lights Private Limited
Devshree Solar Lights has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCD5781P1ZX | Rajasthan | Active | 01 Jul 2017 |
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 Devshree Solar Lights 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 Devshree Solar Lights Private Limited
Devshree Solar Lights is an active private limited company based in Jaipur, Rajasthan, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 25 January 2016 (10+ years old) and is registered under CIN U40104RJ2016PTC049153.
Devshree Solar Lights reported revenue of ₹53.37 Cr for FY 2025 (up 242% YoY).
Devshree Solar Lights has 3 current directors:
- Sanket Jain - Whole-Time Director
- Narendra Sain - Whole-Time Director
- Rakesh Chohan - Director
Devshree Solar Lights reported a net profit of ₹3.49 Cr (net margin 6.5%) and EBITDA of ₹5.01 Cr (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devshree Solar Lights is 23% over three years and 74% over five years. In the latest year (FY 2025) revenue rose 242%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devshree Solar Lights is 08AAFCD5781P1ZX, registered in Rajasthan.
The CIN (Corporate Identification Number) of Devshree Solar Lights is U40104RJ2016PTC049153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devshree Solar Lights was incorporated on 25 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Devshree Solar Lights by revenue are Zunairah Metals Private Limited, Raghav Distributors Private Limited, Oriental Ferro-Alloys Private Limited, Relyon Solar Private Limited, Sanwaria Commosales Private Limited and 5 more, all in the Metals and Minerals industry (EPC, BoP and BTG, Metal Retail and Distribution).
Navratan Meena ceased to be Director on 01 Apr 2025. Akshay Agrawal ceased to be Director on 21 Aug 2024. Akshay Agrawal was appointed as Director on 14 Jul 2020. Devshree Solar Lights has 7 board changes on record in total.
The registered office of Devshree Solar Lights is at 105 F.F Metropolis Tower Ajmer Road, Jaipur, Rajasthan, India – 302063.