Dev Accelerator Limited - Company overview

Devx is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L74999GJ2020PLC115984). Business overview incl…

2020-08-29 Ahmedabad, Gujarat Active Listed Active Compliant
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DA Dev Accelerator Limited

Key Metrics

AUTHORISED CAPITAL
30.00 cr
PAID-UP CAPITAL
21.62 cr
COMPANY AGE
5 Years 8 Months
since 2020-08-29
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-07-29
OPEN CHARGES
14
56.20 cr
SATISFIED CHARGES
6
7.50 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
6
Updated: 2024-11-02 17:29:07

About Devx

Devx is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L74999GJ2020PLC115984). Business overview includes Service (Other Support Services), incorporated on August 29, 2020 (6+ years old), headquartered in Ahmedabad, Gujarat, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹62.16 Cr with a loss of ₹12.77 Cr. It has 13 active directors. The company employs approximately 39 people.

Other Support Services
  • Location C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat - 380015
  • Website devx.work
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

Financial Performance of Devx

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (13)

U
Managing Director | Since 2020-08-29
P
Whole-time director | Since 2020-08-29
P
Director | Since 2024-09-03
A
Director | Since 2024-09-03
J
Nominee Director | Since 2020-08-29
R
Whole-time director | Since 2020-08-29

Charges Overview

Axis Bank Limited : 35.00 cr
Hdfc Bank Limited : 25.51 cr
Others : 9.50 cr
Open Charges: 14 Satisfied Charges: 6
Open 56.20 cr
Satisfied 7.50 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 30 Sep 2025
25.51 cr Open
Axis Bank Limited
Creation Date: 26 Sep 2025
35.00 cr Open
Others
Creation Date: 22 Jul 2025
1.50 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Support service to Organizations-100
Support service to Organizations-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Devx
What is CIN of Devx?
The Corporate Identification Number (CIN) for Devx is L74999GJ2020PLC115984. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 115984 as per MCA.
When was Devx incorporated?
Devx was incorporated 5 years 8 months ago on 29 Aug 2020.
What is paid-up capital and authorised share capital of Devx?
The paid-up capital of Devx is ₹ 216,150,220.00 and authorised share capital is ₹ 300,000,000.00.
Who are the current board members and directors of Devx?
Currently 13 directors are associated with Devx: Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah, Pathik Shailesh Patwari, Anish Alerk Patel, Jaiminbhai Jagdishbhai Shah, Rushit Shardulkumar Shah, Yash Himanshu Shah, Praveen Kumar, Anand Anilbhai Patel, Gopi Trivedi, Parthiv Pankajbhai Panchal, Parin Jitendrabhai Shah, Anjan Pareshkumar Trivedi.
  • Umesh Satishkumar Uttamchandani
  • Parth Naimeshbhai Shah
  • Pathik Shailesh Patwari
  • Anish Alerk Patel
  • Jaiminbhai Jagdishbhai Shah
  • Rushit Shardulkumar Shah
  • Yash Himanshu Shah
  • Praveen Kumar
  • Anand Anilbhai Patel
  • Gopi Trivedi
  • Parthiv Pankajbhai Panchal
  • Parin Jitendrabhai Shah
  • Anjan Pareshkumar Trivedi
What is the registered address of Devx?
As per Ministry of Corporate Affairs (MCA), the registered address of Devx is C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat, 380015, India.
What is the official website of Devx?
The official website of Devx is https://devx.work.
What is the ROC code of Devx?
Devx ROC code is Roc Ahmedabad.
What is the company classification of Devx?
Devx is classified as Public Limited Indian Non-Government Company.
Devx - is it listed or unlisted?
Devx is a Listed company.
What is the current status of Devx?
Devx is currently Active and registered in Ahmedabad, Gujarat, India.
What industry or business activity is Devx associated with?
Devx lists activity aligned with: Service - Other Support Services. See the Overview and Competition sections for fuller industry context.
How many employees does Devx have?
Available records indicate roughly 39 employees for Devx. Confirm against filings and EPFO-related signals on the profile where shown.
Does Devx have GST registrations on file?
Devx shows 6 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Devx?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Devx.
How do I contact Devx?
Use the official website at https://devx.work and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Devx?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Devx?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Devx (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 1.34 Cr. Verify figures on the Financial tab and supporting filings.