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DEV ACCELERATOR LIMITED

Active
Updated: 10 Sep 2025

Dev Accelerator Limited, is an unlisted public company incorporated on 29 August, 2020. It is classified as a public limited company and is located in , Gujarat. It's authorized share capital is INR 30.00 cr and the total paid-up capital is INR 16.92 cr.

Dev Accelerator Limited's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 119.36% over the previous year. At the same time, it's book networth has increased by 2060.28%.

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Subscription Plans
Industry and products
Business Services
  • Co-working Space Provider, Other support services to organizations
Company size
Auth Capital
₹ 30.0 Cr
Paidup Capital
₹ 16.9 Cr
Revenue
₹ 100-150 cr
# Key metrics of Dev Accelerator Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 30.0 Cr | | | Paidup Capital | ₹ 16.9 Cr | | | Revenue | ₹ 100-150 cr | | | Total Revenue | Details available with Tofler Pro subscription | 62.85% | | EBITDA | Details available with Tofler Pro subscription | 119.36% | | Net Profit | Details available with Tofler Pro subscription | None% | | Networth | Details available with Tofler Pro subscription | 2060.28% | | Borrowings | Details available with Tofler Pro subscription | 36.68% | | Assets | Details available with Tofler Pro subscription | 45.27% | | Gross Margin | Details available with Tofler Pro subscription | 12.34 | | Operating Margin | Details available with Tofler Pro subscription | 16.64 | | Net Profit Margin | Details available with Tofler Pro subscription | 21.05 | | Return on Equity | Details available with Tofler Pro subscription | 953.54 | | ROCE | Details available with Tofler Pro subscription | 9.2 | | Debt to Equity | Details available with Tofler Pro subscription | -136.1 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
62.85%
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EBITDA
119.36%
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Net Profit
-
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Networth
2060.28%
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Borrowings
36.68%
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Assets
45.27%
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Gross Margin
12.34
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Operating Margin
16.64
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Net Profit Margin
21.05
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Return on Equity
953.54
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ROCE
9.2
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Debt to Equity
-136.1
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (8)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Yash Himanshu Shah 06698067 1 years
Nominee Director Jaiminbhai Jagdishbhai Shah 00021880 5 years
Director Umesh Satishkumar Uttamchandani
Shareholder
07496423 5 years
Director Rushit Shardulkumar Shah
Shareholder
07496984 5 years
Director Parth Naimeshbhai Shah
Shareholder
07496443 5 years
Director Gopi Trivedi 05004124 1 years
Director Anand Anilbhai Patel 00002277 1 years
Director Anish Alerk Patel 00034602 1 years
Director Pathik Shailesh Patwari 02428297 1 years
Director Praveen Kumar 09617351 1 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%

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Total assets

Charges on assets

Bank wise
Charges
1

MITCON CREDENTIA TRUSTEESHIP SERVICES LIMITED

No. of Loans: 4

Total Amount : 64.2 cr

2

Tata Capital Limited

No. of Loans: 1

Total Amount : 25.0 cr

3

ICICI Bank Limited

No. of Loans: 1

Total Amount : 10.0 cr

4

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 6.0 cr

5

CAPWISE FINANCE PRIVATE LIMITED

No. of Loans: 2

Total Amount : 5.5 cr

6

121 FINANCE PRIVATE LIMITED

No. of Loans: 1

Total Amount : 4.0 cr

7

RATNAAFIN CAPITAL PRIVATE LIMITED

No. of Loans: 1

Total Amount : 4.0 cr

8

CAPUP FINANCIAL SERVICES PRIVATE LIMITED

No. of Loans: 1

Total Amount : 2.4 cr

9

CAPUP ONLINE SERVICES PRIVATE LIMITED

No. of Loans: 1

Total Amount : 1.5 cr

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Charges

MITCON CREDENTIA TRUSTEESHIP SERVICES LIMITED
Tata Capital Limited
ICICI Bank Limited
The Hongkong and Shanghai Banking Corporation Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
AEML INVESTMENTS LIMITED
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PFH AGRI EQUIPMENT INDIA PRIVATE LIMITED
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DEDHROTA BAUXITE MINE PRIVATE LIMITED
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10,500.0 1 Gujarat
GUJARAT CREDO RARE EARTHS LIMITED
Active
5.0 L 1 Gujarat
ATM MINECHEM LLP
Active
1.0 L 1 Gujarat
APOLLO MOTOCORP LLP
Active
1.0 L 1 Gujarat
GUJARAT CREDO ALUMINA CHEMICALS LIMITED
Active
14.7 Cr 1 Gujarat
CREDO ADVANCED CHEMICALS LIMITED
Active
75.0 Cr 1 Gujarat
APOLLO INDUSTRIAL PRODUCTS LIMITED
Amalgamated
40.0 L 1 Gujarat
GUJARAT CREDO MINERAL INDUSTRIES LIMITED
Active
19.0 Cr 1 Gujarat
GUJARAT APOLLO INDUSTRIES LIMITED
Active
11.8 Cr 2 Gujarat
ANJANI TEXPRO PVT LTD
Strike Off
4.1 L 1 Gujarat
THE INDO-CANADIAN BUSINESS CHAMBER
Active
0.0 1 Delhi
DEV ACCELERATOR INFOTECH PRIVATE LIMITED
Active
5.0 L 1 Gujarat
DEV ACCELERATOR PRIVATE LIMITED
Active
3.6 Cr 5 Gujarat
TIE AHMEDABAD ASSOCIATION
Active
1,000.0 1 Gujarat
DEV ACCELERATOR LLP
Converted to CMP and Dissolved
1.0 L 4 Gujarat
DEV INFORMATION TECHNOLOGY LIMITED
Active
11.3 Cr 1 Gujarat
ZODIAC ENERGY LIMITED
Active
14.6 Cr 1 Gujarat
MIND MAESTRO PRIVATE LIMITED
Active
1.0 L 1 Gujarat
CC TWO PARTNERS LLP
Strike Off
1.0 L 1 Gujarat
AIMS OXYGEN PRIVATE LIMITED
Active
1.4 Cr 1 Gujarat
AIMS INDUSTRIAL AND MEDICAL GASES PRIVATE LIMITED
Active
1.0 L 1 Gujarat
M -TECH VALVES SYSTEMS INDIA PRIVATE LIMITED
Active
54.0 L 1 Gujarat
THE SPORTS CLUB OF GUJARAT LIMITED
Active
0.0 1 Gujarat
NEXUS SPRAY FOAM PRIVATE LIMITED
Active
1.0 L 1 Gujarat
AIC-GUSEC FOUNDATION
Active
200.0 1 Gujarat
NEXUS INFRATECH PRIVATE LIMITED
Active
1.0 Cr 1 Gujarat
GSEC ENVIRO SOLUTION PRIVATE LIMITED
Active
1.0 L 1 Gujarat
NEXUS ENVIRO SOLUTIONS PRIVATE LIMITED
Strike Off
1.5 L 1 Gujarat
JAYATMA ENTERPRISES LIMITED
Active
3.0 Cr 1 Gujarat
AUSTAR TECHNOLOGIES PRIVATE LIMITED
Strike Off
10.0 L 1 Gujarat
INTELLECTUAL PROPERTY PROTECTION ORGANISATION PVT LTD
Active
1.0 L 1 Gujarat
LINKJOY LLP
Active
50,000.0 1 Gujarat
PIVOTING SOFTWARES PRIVATE LIMITED
Active
2.1 L 1 Gujarat
SAASJOY SOLUTIONS PRIVATE LIMITED
Active
70,000.0 3 Gujarat
GESIA IT ASSOCIATION
Active
23,700.0 1 Gujarat
FRACTOPROP ONE PRIVATE LIMITED
Active
9.8 L 1 Gujarat
AADHHYA SPACELINKS PRIVATE LIMITED
Active
50.0 L 1 Gujarat
TRAZO EDTECH LLP
Active
51,000.0 3 Gujarat
FRACTOPROP LLP
Active
10,000.0 1 Gujarat
SWADESH VENTURE FUND LLP
Active
1.0 L 1 Gujarat
FINCLAVE ACCEL LLP
Active
1.0 L 1 Gujarat
NEDDLE AND THREAD DESIGNS LLP
Active
1,000.0 1 Maharashtra
SCALEAX ADVISORY PRIVATE LIMITED
Active
10.0 L 1
FLO MOBILITY PRIVATE LIMITED
Active
1.2 L 1 Karnataka
INDIESEMIC PRIVATE LIMITED
Active
1.5 L 1 Gujarat
LAS OLAS VENTURES LLP
Active
1.1 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Neddle & Thread Designs LLP India - -
Saasjoy Solutions Private Limited India - -

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U74999GJ2020PLC115984

PAN

AAHCD9502C

Incorporation

2020, 5.1 years

Company Email

legal@devx.work

Paid up Capital

₹ 16.9 Cr

Authorised Capital

₹ 30.0 Cr

AGM

Sep 2024

Type

Public
Others

FAQ - DEV ACCELERATOR LIMITED

What is the incorporation date of DEV ACCELERATOR LIMITED?

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The incorporation date of DEV ACCELERATOR LIMITED is 29 August, 2020

What is the authorized share capital of DEV ACCELERATOR LIMITED?

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The authorized share capital of DEV ACCELERATOR LIMITED is INR ₹ 30.0 Cr.

What is the paid-up capital of DEV ACCELERATOR LIMITED?

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The paid-up capital of DEV ACCELERATOR LIMITED is INR ₹ 16.9 Cr.

What is the registered address of DEV ACCELERATOR LIMITED?

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The registered address of DEV ACCELERATOR LIMITED is C-01, The First Commercial Complex, B/S Keshavbaug Party Plot, Vastrapur, Ahmedabad, Ahmedabad, Gujarat, India, 380015 - 380015

What is the CIN number of DEV ACCELERATOR LIMITED?

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The CIN number of DEV ACCELERATOR LIMITED is U74999GJ2020PLC115984.

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