Dev Accelerator Limited - Company overview

Devx is a listed public limited company, first registered with ROC Ahmedabad on 29 August 2020.

2020-08-29 Ahmedabad, Gujarat Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 47.1%
FY 2025
PROFIT / LOSS
₹1–5 Cr
▲ 191.8%
FY 2025
EBITDA
₹50–100 Cr
▲ 18.1%
FY 2025
NET WORTH
₹50–100 Cr
▲ 88.2%
FY 2025
TOTAL ASSETS
₹500–1000 Cr
▲ 26.8%
FY 2025
EMPLOYEE COUNT
31–40
OPEN CHARGES
10
38.61 cr
PAID-UP CAPITAL
21.62 cr
AUTHORISED CAPITAL
30.00 cr
COMPANY AGE
6 Years 2 Months
since 2020-08-29
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-07-29
ACTIVE GST
7
Updated: 2026-05-19 15:15:02
TOTAL MONEY RAISED
₹25–50 Cr
SATISFIED CHARGES
16
129.20 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Devx covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
80/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (70), director (75) and company-foundation signals.
  • Operating for 6 years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
70/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
75/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Devx Company identity, industry, contact, and registration details from MCA and company records.

Devx is a listed public limited company, first registered with ROC Ahmedabad on 29 August 2020. Its registered office is in Ahmedabad, Gujarat.

Its filings describe the main line of business as other support services to organizations, which made up 100% of turnover.

It has 13 directors: Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah, Pathik Shailesh Patwari and 10 others. The longest-serving is Umesh Satishkumar Uttamchandani, on the board since 2020; the most recent to join is Gopi Trivedi, appointed in September 2024. Umesh Satishkumar Uttamchandani is the managing director. One former director, Bhavik Jayantibhai Patel, left in February 2021. Between them, the directors also sit on the boards of 23 other companies, including Dev Accelerator LLP and Saasjoy Solutions Private Limited.

Paid-up capital stands at ₹21.62 crore out of ₹30 crore authorised. The last AGM on record was on 29 July 2025, for accounts made up to 31 March 2025. Ten charges (secured loans) are still open, and 16 more have been paid off.

Service ••••••••
  • Location C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat - 380015
  • Website devx.work
LinkedIn Facebook Twitter Instagram
Legal NameDev Accelerator Limited
CIN / LLPINL74999GJ2020PLC115984
Company No.115984
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2020-08-29
Date of AGM2025-07-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Devx (13) Current board members from MCA filings, including designation and appointment details.

U
Umesh Satishkumar Uttamchandani
Managing Director | Since 2020-08-29 | DIN: 07496423
P
Parth Naimeshbhai Shah
Whole-time director | Since 2020-08-29 | DIN: 07496443
P
Pathik Shailesh Patwari
Director | Since 2024-09-03 | DIN: 02428297
A
Anish Alerk Patel
Director | Since 2024-09-03 | DIN: 00034602
J
Jaiminbhai Jagdishbhai Shah
Nominee Director | Since 2020-08-29 | DIN: 00021880
R
Rushit Shardulkumar Shah
Whole-time director | Since 2020-08-29 | DIN: 07496984

Financial Performance of Devx Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹100–500 Cr ▲ 47.1%
P&L ₹1–5 Cr ▲ 191.8%
EBITDA ₹50–100 Cr ▲ 18.1%
Net worth ₹50–100 Cr ▲ 88.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Devx Open and satisfied charges registered against the company with MCA.

Others : 78.40 cr
Open Charges: 10 Satisfied Charges: 16
Open 38.61 cr
Satisfied 129.20 cr
LenderAmountStatus
Others
Creation Date: 22 Apr 2026
 23.50 cr Open
Others
Creation Date: 11 Mar 2026
 25.00 cr Open
Others
Creation Date: 21 Jan 2026
 5.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Support service to OrganizationsOther support services to organizations100

Companies With Common Directors Of Devx Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Dev Accelerator Llp 2 Shared Directors
Saasjoy Solutions Private Limited 2 Shared Directors
Trazo Edtech Llp 2 Shared Directors
Aadhhya Spacelinks Private Limited 1 Shared Director
Aic-Gusec Foundation 1 Shared Director
Austar Technologies Private Limited 1 Shared Director
Eezily Network Private Limited 1 Shared Director
Finclave Accel Llp 1 Shared Director
Flo Mobility Private Limited 1 Shared Director
Fractoprop One Private Limited 1 Shared Director
Gesia It Association 1 Shared Director
Gsec Enviro Solution Private Limited 1 Shared Director
Gujarat University Startup And Entrepreneurship Council (Gusec) 1 Shared Director
Indiesemic Private Limited 1 Shared Director
Jayatma Enterprises Limited 1 Shared Director
Neddle And Thread Designs Llp 1 Shared Director
Neo Urja Private Limited 1 Shared Director
Nexus Enviro Solutions Private Limited 1 Shared Director
Nexus Infratech Private Limited 1 Shared Director
Nexus Spray Foam Private Limited 1 Shared Director
Scaleax Advisory Private Limited 1 Shared Director
Swadesh Venture Fund Llp 1 Shared Director
The Sports Club Of Gujarat Limited 1 Shared Director

Financial Ratios of Devx Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

5 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Devx Ownership and contribution detail from filings. Full breakdown unlocks with your report.

5 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Devx EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Devx GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Devx MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Devx Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Devx Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Devx Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Devx?
MCA does not publish an "owner" field. Devx is run by its directors, Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah, Pathik Shailesh Patwari and ten others, with Umesh Satishkumar Uttamchandani as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Devx?
Devx has 13 current directors: Umesh Satishkumar Uttamchandani (since August 2020), Parth Naimeshbhai Shah (since August 2020), Pathik Shailesh Patwari (since September 2024), Anish Alerk Patel (since September 2024), Jaiminbhai Jagdishbhai Shah (since August 2020) and Rushit Shardulkumar Shah (since August 2020), plus 7 more. Umesh Satishkumar Uttamchandani is the managing director.
What is CIN of Devx?
The CIN of Devx is L74999GJ2020PLC115984. Reading it left to right: L means it is listed, 74999 is the industry code it registered under, GJ is Gujarat, 2020 is the year it was registered, PLC is the company type and 115984 is its registration number.
When was Devx incorporated?
Devx was incorporated on 29 August 2020 with ROC Ahmedabad. That makes it about 6 years old.
What is the registered address of Devx?
The registered office on MCA records is C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat - 380015.
What is the current status of Devx?
MCA shows Devx as Active, and its last AGM on record was in July 2025.
What is the contact number or email for Devx?
You can post to its registered office at C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat - 380015 and use its website, https://devx.work.
What industry or business activity is Devx associated with?
Its MCA filings list the main business as other support services to organizations (100% of turnover).
What is paid-up capital and authorised share capital of Devx?
Paid-up capital is ₹21.62 crore and authorised capital is ₹30 crore, so about 72% of the authorised amount has been issued.
When did Devx last file accounts and hold an AGM?
The last AGM on record was on 29 July 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Devx?
Ten charges against Devx are still open and 16 have been satisfied.
Have any directors left Devx?
Yes, one former director is on record. Bhavik Jayantibhai Patel (February 2021) left.
Which companies share directors with Devx?
23 companies share directors with Devx. Among them are Dev Accelerator LLP, Saasjoy Solutions Private Limited, Trazo Edtech LLP and 20 more.
What is the turnover or revenue of Devx?
Based on filed financial statements, the revenue of Devx for FY 2025 was in the ₹100–500 Cr range. That is up 47.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Devx?
For FY 2025, the net worth of Devx was in the ₹50–100 Cr range.
How can I get the financial details of Devx?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Devx?
The website on record for Devx is https://devx.work.
Which company owns devx.work?
devx.work is the website listed for Dev Accelerator Limited in its company records.
Is Devx registered with any stock exchange in India?
MCA marks it as a listed company.
Devx - is it listed or unlisted?
Devx is a listed company, and its CIN starts with L.
What is the ROC code of Devx?
Devx is registered with ROC Ahmedabad.
What is the company classification of Devx?
MCA classifies Devx as: Public Limited Indian Non-Government Company.
Does Devx have subsidiaries?
Yes, one subsidiary is on record for Devx.
Does Devx have GST registrations on file?
Yes, 7 active GST registrations are linked to Devx, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.