Devona Power Distribution Limited - Due diligence report

A 360° intelligence report on Devona Power Distribution Limited: trust score, financial health, credit view, compliance, directors, growth a…

2007-09-05 New Delhi, Delhi Strike Off Unlisted
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Devona Power Distribution Limited — 360° Intelligence Report

Generated from MCA filings & public records
58/100
Trust Score
Moderate

Devona Power Distribution Limited is assessed as Moderate with a Trust Score of 58/100. Devona Power Distribution Limited is a public limited indian non-government company incorporated in 2007, operating in the Construction sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.

Report generated on 22 Aug 2026 from the latest processed filings. Devona Power Distribution Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Good

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 ScoreModerate
58/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 1 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: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Last balance sheet is for Mar 2018 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
JAYDIP GHOSH 01234567 Director 01/04/2018 6 yrs Approved
ALAK BIHARI SAHU 01234567 Director 01/04/2018 6 yrs Approved
HARENDRA KUMAR CHANDRA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 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
Rattanindia Power Limited
Subsidiaries
-
Group entities
-
Capital events
-

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

Group entityRelationship% held
Rattanindia Power Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 55
Growth signals & trust indicators
Operating for 18+ years.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence46/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view32/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
24 Sep 2018
Last AGM held
Annual general meeting
31 Mar 2018
Latest balance sheet
Filed with ROC
28 Sep 2015
Director ceased
JAYDIP GHOSH
Director ceased
HARENDRA KUMAR CHANDRA
10 Mar 2015
Director appointed
JAYDIP GHOSH (Director)
Director appointed
HARENDRA KUMAR CHANDRA (Director)
Director ceased
AJAY THAKUR
Director ceased
RAJESH TALWAR
24 Sep 2013
Director ceased
ALAK BIHARI SAHU
15 Feb 2013
Director appointed
ALAK BIHARI SAHU (Director)
Director ceased
RANJU GOYAL
14 Mar 2012
Director ceased
PARAG AGRAWAL
13 Dec 2011
Director ceased
MUKUL BANSAL
25 Sep 2009
Director ceased
ASHISH BHARDWAJ
18 Dec 2008
Director ceased
DIMITRIUS JOHN D'MELLO
10

Key Observations

Auto-generated from the data above
3 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Evernew Conclave Private Limited U45400WB2010PTC155343 Kolkata, West Bengal, India
Voc Infrastructure Private Limited U45400MH2007PTC171917 Mumbai, Maharashtra, India
Four Ace Infraprojects Limited U45400WB2012PLC185194 Kolkata, West Bengal, India
Devsthan Builders Private Limited U45400CT2007PTC009620 Raigarh, Chattisgarh, India
Jatan Developers Private Limited U45400MH2010PTC203664 Mumbai, Maharashtra, India
Picasso Nirman Private Limited U45400WB2013PTC192033 Kolkata, West Bengal, India
Avadhoot Bhagwan Ram Developers Private Limited U45400UP2013PTC055485 Allahabad, Uttar Pradesh, India
Deepshika Housing Limited U45400WB2014PLC199776 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Devona Power Distribution Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Devona Power Distribution 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 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score n/a, margin trends, ownership structure and peer set for Devona Power Distribution Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 58/100, distress signals and MSME payment-delay disclosures - know whether Devona Power Distribution 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 Devona Power Distribution Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Devona Power Distribution Limited an active company?

Devona Power Distribution Limited has MCA status “Strike Off” with a compliance score of 30/100 (Caution Indicated).

Is Devona Power Distribution Limited financially healthy?

Devona Power Distribution Limited has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.

Should I do business with Devona Power Distribution Limited?

Its overall Trust Score is 58/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Devona Power Distribution Limited?

The ultimate holding entity is Rattanindia Power Limited. 3 active director(s) are on record.

Does Devona Power Distribution Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Devona Power Distribution Limited up to date with its ROC filings?

Last balance sheet is for Mar 2018 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Devona Power Distribution Limited?

Its Credit Risk Score is 50/100 (Moderate). 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.