Devona Power Systems Limited - Due diligence report

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

2008-07-02 New Delhi, Delhi Strike Off Unlisted
Share
View plans
DP Devona Power Systems Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹349 50% off New user
Or enjoy up to 50% off with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Devona Power Systems Limited — 360° Intelligence Report

Generated from MCA filings & public records
65/100
Trust Score
Moderate

Devona Power Systems Limited is assessed as Moderate with a Trust Score of 65/100. Devona Power Systems Limited is a public limited indian non-government company incorporated in 2008, 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 low financial risk profile.

Report generated on 04 Jul 2026 from the latest processed filings. Devona Power Systems Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

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
65/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
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.

Get full access

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: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

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 2017 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
VISHAL BHATNAGAR 01234567 Director 01/04/2018 6 yrs Approved
VIKAS KUMAR ADUKIA 01234567 Director 01/04/2018 6 yrs Approved
AMIT JAIN 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 Solar Private Limited
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 14 transfer(s)

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

Group entityRelationship% held
Rattanindia Solar Private 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 diligence48/100
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 assessment72/100
Favourable lending indicators
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 view44/100
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
26 Oct 2018
Director appointed
AMIT JAIN (Additional Director)
Director ceased
SANJEEV RANJAN
20 Sep 2017
Last AGM held
Annual general meeting
31 Mar 2017
Share transfer (FY 2017)
1.00000000 shares to Arfin Zeaul
Share transfer (FY 2017)
1.00000000 shares to Hitnder
Share transfer (FY 2017)
1.00000000 shares to Somesh
Share transfer (FY 2017)
49994.00000000 shares to RattanIndia Solar Private Limited
Share transfer (FY 2017)
1.00000000 shares to Sanjeev
Share transfer (FY 2017)
1.00000000 shares to Z A KHAN
Share transfer (FY 2017)
1.00000000 shares to RAM KUMAR
Share transfer (FY 2017)
1.00000000 shares to SANJEEV RANJAN
Share transfer (FY 2017)
1.00000000 shares to SOMESH SINGH
Share transfer (FY 2017)
1.00000000 shares to RAHUL GOCHHWAL
Share transfer (FY 2017)
1.00000000 shares to HITNDER KUMAR
Share transfer (FY 2017)
1.00000000 shares to RATTANINDIA SOLAR
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
Albina Thermal Power Management Limited U45207DL2008PLC181698 New Delhi, Delhi, India
Devona Thermal Power Projects Limited U45207DL2008PLC181769 New Delhi, Delhi, India
Mariana Power Limited U45204DL2008PLC177188 New Delhi, Delhi, India
Gokulesh Properties Private Limited U45201RJ1997PTC013443 Jaipur, Rajasthan, India
Hindusthan Infrastructure And Projects(Coimbatore) Limited U45201TZ2008PLC014269 Coimbatore, Tamil Nadu, India
Witness Construction Private Limited U45201DL2004PTC128612 New Delhi, Delhi, India
Hecate Power Utility Limited U45207DL2008PLC180610 New Delhi, Delhi, India
Rattanindia Solar 7 Private Limited U45204DL2008PTC177187 New Delhi, Delhi, India
12

Who Uses This Report

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

Verify Devona Power Systems 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 Systems 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: Favourable lending indicators. Credit risk score 90/100, 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 Systems Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 65/100, distress signals and MSME payment-delay disclosures - know whether Devona Power Systems 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 Systems Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Devona Power Systems Limited an active company?

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

Is Devona Power Systems Limited financially healthy?

Devona Power Systems Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Devona Power Systems Limited?

Its overall Trust Score is 65/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Devona Power Systems Limited?

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

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

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

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

Last balance sheet is for Mar 2017 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Devona Power Systems Limited?

Its Credit Risk Score is 90/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.