Promoter holding
64.27%
DI
Devraj Infrastructures Limited - Due diligence report
A 360° intelligence report on Devraj Infrastructures Limited: trust score, financial health, credit view, compliance, directors, growth and …
Devraj Infrastructures Limited — 360° Intelligence Report
Generated from MCA filings & public records74/100
Trust Score
Moderate
Devraj Infrastructures Limited is assessed as Moderate with a Trust Score of 74/100. Devraj Infrastructures Limited is an active public limited indian non-government company incorporated in 2006, operating in the Real Estate and Construction sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.
Report generated on 19 Jun 2026 from the latest processed filings. Devraj Infrastructures Limited snapshot & full profile →
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.
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Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
50/100
Early-warning signals - higher means fewer warnings.
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Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
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Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 60/100 Moderate
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
- Moderate gearing (D/E 38%).
- Working-capital cover adequate.
Charges position: 0 open (-) · 2 satisfied (16.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| The Kalupur Commercial Co-Operative Bank Ltd | 1 | 48.0 cr |
| The Kalupur Commercial Co-Operative Bank Limited | 1 | 48.0 cr |
Compliance Score: 86/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 1 active GST registration(s).
Legal cases on record (2)
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Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| HITENDRAKUMAR BHAILALBHAI PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Nikul Jagdishchandra Patel | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Dev Patel | 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.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
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Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 45 · Distress 50
Growth signals & trust indicators
Asset base grew 1.42 - capacity expansion.
Operating for 20+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Outside liabilities up 2.1x in a year.
2 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence72/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment64/100
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 record supports lending.
Investor view54/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
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MCA Filings & Events Timeline
Latest 10 events30 Sep 2025
Director appointed
Nikul Jagdishchandra Patel (Additional Director)
Director appointed
Dev Patel (Additional Director)
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
27 May 2014
Charge satisfied
The Kalupur Commercial Co-Operative Bank Limited
24 Jul 2012
Charge created
The Kalupur Commercial Co-Operative Bank Limited - 4.00 cr
20 Jan 2011
Charge satisfied
The Kalupur Commercial Co-Operative Bank Ltd
20 Mar 2009
Charge created
The Kalupur Commercial Co-Operative Bank Ltd - 12.00 cr
21 Apr 2006
Incorporated
Registered with Roc Ahmedabad
Director appointed
HITENDRAKUMAR BHAILALBHAI PATEL (Director)
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Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
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.
| Company | CIN | Location |
|---|---|---|
| Devashray Infrastructure Private Limited | U45201GJ2010PTC059490 | Ahmedabad, Gujarat, India |
| Namangroup | U45201MH2008PTC179493 | Mumbai, Maharashtra, India |
| Laxmi Homes Private Limited | U70101WB1996PTC081266 | Howrah, West Bengal, India |
| Patkon Lifespaces Private Limited | U70100MH2013PTC243006 | Navimumbai, Maharashtra, India |
| Mewad Infrastructures Private Limited | U45200MP2009PTC021810 | Indore, Madhya Pradesh, India |
| Ass Buildwell Private Limited | U45201DL2005PTC132081 | Mayur Vihar, Delhi, India |
| P P Shares And Stocks Private Limited | U37120DL2005PTC139487 | New Delhi, Delhi, India |
| Vizag Infratech Private Limited | U45200AP2014PTC095585 | Vishakhapatnam, Andhra Pradesh, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Devraj Infrastructures Limited before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Devraj Infrastructures 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 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Devraj Infrastructures Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Devraj Infrastructures Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Devraj Infrastructures Limited - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Devraj Infrastructures Limited an active company?
Devraj Infrastructures Limited has MCA status “Active” with a compliance score of 86/100 (Low Risk).
Is Devraj Infrastructures Limited financially healthy?
Devraj Infrastructures Limited has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.
Should I do business with Devraj Infrastructures Limited?
Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Devraj Infrastructures Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.
Does Devraj Infrastructures Limited have loans or charges against its assets?
No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Devraj Infrastructures Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).
Is it risky to lend to Devraj Infrastructures Limited?
Its Credit Risk Score is 60/100 (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.
