Devi Fastners Private Limited - Due diligence report

A 360° intelligence report on Devi Fastners Private Limited: trust score, financial health, credit view, compliance, directors, growth and d…

2006-05-24 Secunderabad, Telangana Active Unlisted Active Compliant
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Devi Fastners Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
89/100
Trust Score
Low Risk

Devi Fastners Private Limited is assessed as Low Risk with a Trust Score of 89/100. Devi Fastners Private Limited is an active private limited indian non-government company incorporated in 2006, operating in the Machinery and Equipment sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 09 Jul 2026 from the latest processed filings. Devi Fastners Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
89/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 35/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 8 open (20.40 cr) · 3 satisfied (10.33 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Sidbi3 48.0 cr
Axis Bank Limited3 48.0 cr
City Union Bank Limited1 48.0 cr
Others2 48.0 cr
Tata Capital Financial Services Limited2 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
HITESH PITTI 01234567 Director 01/04/2018 6 yrs Approved
NITI GUPTA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Net margin improved to 61%.
Operating for 20+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
8 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence89/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment62/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 8 open charge(s) of 20.40 cr already registered.
  • Compliance record supports lending.
Investor view88/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
09 Apr 2025
Charge created
Others - 1.00 cr
30 Sep 2024
Last AGM held
Annual general meeting
26 Apr 2024
Charge created
Sidbi - 1.33 cr
31 Mar 2024
Latest balance sheet
Filed with ROC
06 Oct 2023
Charge created
Others - 2.00 cr
23 Nov 2022
Charge satisfied
Axis Bank Limited
05 Jul 2022
Charge created
Sidbi - 10.00 cr
12 Jul 2021
Charge created
Axis Bank Limited - 7.49 Lakh
10 Feb 2021
Securities allotted
80000 Equity Shares - 56.00 Lakh raised
03 Feb 2021
Charge created
Sidbi - 3.00 cr
27 Jul 2020
Charge created
Tata Capital Financial Services Limited - 49.99 Lakh
18 Jul 2020
Charge created
Axis Bank Limited - 98.00 Lakh
17 Jul 2020
Charge satisfied
City Union Bank Limited
05 Oct 2019
Charge created
Axis Bank Limited - 5.00 cr
31 Mar 2019
Share transfer (FY 2019)
266000.00000000 shares to NITI GUPTA
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Sri M.S.T Smelters Private Limited U28910TZ2013PTC019898 Sankari, Tamil Nadu, India
Pci Analytics U93090MH2007PTC167442 Mumbai, Maharashtra, India
Meenashi Steels Private Limited U74999TN2017PTC119865 Chennai, Tamil Nadu, India
Suyesh Ductile Casting Private Limited U27310PN2014PTC152483 Sangli, Maharashtra, India
Abhishek Alloys Private Limited U27104KA1992PTC012734 Estate, Belgaum., Karnataka, India
Metrochem Metal Powders Private Limited U28999RJ2018PTC060479 Jaipur, Rajasthan, India
Amar Trades Ltd U27209WB1983PLC036780 Kolkata, West Bengal, India
Deccan Cans And Printers U28129MH1985PTC035103 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Devi Fastners Private Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Devi Fastners Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Devi Fastners Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 89/100, distress signals and MSME payment-delay disclosures - know whether Devi Fastners Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Devi Fastners Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Devi Fastners Private Limited an active company?

Devi Fastners Private Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Devi Fastners Private Limited financially healthy?

Devi Fastners Private Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Devi Fastners Private Limited?

Its overall Trust Score is 89/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Devi Fastners Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Devi Fastners Private Limited have loans or charges against its assets?

8 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Devi Fastners Private Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Devi Fastners Private Limited?

Its Credit Risk Score is 35/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.