Tapi Riverfront Development Corporation Limited

Tapi Riverfront Development Corporation Limited - service in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U93000GJ2022SGC129041 Incorporated 02 February 2022 ROC Ahmedabad HQ Surat, Gujarat, India
Active Public Limited State Government Company service
Revenue · FY 2025
₹5,000
▼ 1% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
7
As per MCA filings
Active GSTINs
2
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
29 Sep 2025
Annual general meeting

About Tapi Riverfront Development Corporation Limited

Data last updated:

Tapi Riverfront Development Corporation Limited is a public limited state government company based in Surat, Gujarat, India. It operates in the service-based operations segment of the services sector. It was incorporated on 02 February 2022.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2022SGC129041. Its GSTIN is 24AAJCT1573D1ZI (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Amit Prashant and Dharmesh Bhagwagar.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Room No. 117 City Engineer Special Cell Gordhandas Chokhawala Marg Muglisara, Surat, Gujarat, India – 395003.

Company details

CIN U93000GJ2022SGC129041
Registration Number 129041
Incorporation Date 02 February 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active

Contact details

Tapi Riverfront Development Corporation Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Room No. 117 City Engineer Special Cell Gordhandas Chokhawala Marg Muglisara, Surat, Gujarat, India – 395003
  • Industry
    Service, Other Services

To see the full contact details of Tapi Riverfront Development Corporation Limited, buy the company report.

Comprehensive company report
Tapi Riverfront Development Corporation Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Tapi Riverfront Development Corporation Limited

FY 2025 filings available

Tapi Riverfront Development Corporation Limited reported revenue of ₹5,000 (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹5,000 ▼ 1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%

Revenue fell 1% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Tapi Riverfront Development Corporation Limited, buy the company report.

Board of directors of Tapi Riverfront Development Corporation Limited

Tapi Riverfront Development Corporation has 7 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit PrashantDirector02 Feb 20224 Years 9 MonthsCurrent
Dharmesh BhagwagarDirector02 Dec 20250 Years 11 MonthsCurrent
Raj SutharDirector31 Jul 20251 Years 3 MonthsCurrent
Sanjaykumar Madhusudan YadavDirector30 Dec 20241 Years 10 MonthsCurrent
Daxeshkumar Kishorbhai MavaniDirector08 Jan 20242 Years 10 MonthsCurrent
Sureshbhai Balubhai DeshmukhDirector23 Aug 20233 Years 2 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Peer comparison

Tapi Riverfront Development Corporation Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tapi Riverfront Development Corporation Limitedthis company₹5,000 (FY 2025)-1.0%Surat, Gujarat, India
KLG Properties Private Limited₹5,000 (FY 2025)New Delhi, Delhi, India
Mahodadhi Arcade Private Limited₹5,000 (FY 2019)Bhubaneswar, Odisha, India
Sulabh Tradecom Private Limited₹5,000 (FY 2024)-50.0%Kolkata, West Bengal, India
Pragati Construction Services Private Limited₹5,000 (FY 2025)-100.0%Shiral, Maharashtra, India
Thorson Consultants & Engineering (OPC) Private Limited₹5,000 (FY 2022)New Delhi, Delhi, India
Dream Shelters Private Limited₹5,000 (FY 2020)Uttar Pradesh, India
Zenser Vinimay Private Limited₹5,000 (FY 2017)Kolkata, West Bengal, India
Rabban Infrastructures Private Limited₹5,000 (FY 2017)-81.0%Solan, Himachal Pradesh, India
Metasys Industries Private Limited₹4,976 (FY 2025)-100.0%Mumbai, Maharashtra, India
Estimators On Line Private Limited₹4,957 (FY 2025)-100.0%Pune, Maharashtra, India

To see the full peer comparison of Tapi Riverfront Development Corporation Limited, buy the company report.

Auditor

Tapi Riverfront Development Corporation Limited is audited by VCAS & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VCAS & COFY 2023123372W

Shareholding

The shareholding of Tapi Riverfront Development Corporation Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tapi Riverfront Development Corporation Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tapi Riverfront Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tapi Riverfront Development Corporation Limited has 1 active EPFO establishment as of Nov 12, 2026.

Active EPFO establishments
1

GST

Tapi Riverfront Development Corporation has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAJCT1573D1ZIGujaratActive27 Feb 2024
24AAJCT1573D1DRGujaratActive01 Mar 2024

To see the full GST registrations and return filing status of Tapi Riverfront Development Corporation Limited, buy the company report.

Recent activity

Tapi Riverfront Development Corporation Limited has 35 board changes on record since 2022: 21 appointments and 14 cessations. The latest: Dharmesh Bhagwagar was appointed as Director on 02 Dec 2025.

Appointed
Dharmesh Bhagwagar was appointed as Director.
Ceased
Jatinkumar Manubhai Desai ceased to be Director.
AGM
Tapi Riverfront Development Corporation Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Raj Suthar was appointed as Director.
Ceased
Kisanbhai Samsing Vasava ceased to be Director.
Appointed
Jatinkumar Manubhai Desai was appointed as Director.
Filing
Tapi Riverfront Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Akshaykumar Jagdishchandra Pandya ceased to be Director.
Appointed
Sanjaykumar Madhusudan Yadav was appointed as Director.
Ceased
Premlal Patel ceased to be Director.
Appointed
Sourabh Zamsingh Pardhi was appointed as Director.
Ceased
Shalini Shivkumar Agarwal ceased to be Additional Director.

26 earlier events are in the company report.

Frequently asked questions

Tapi Riverfront Development Corporation is an active public limited state government company based in Surat, Gujarat, India. The company works in other services, within the service industry. It was incorporated on 02 February 2022 (4+ years old) and is registered under CIN U93000GJ2022SGC129041.

Tapi Riverfront Development Corporation has 7 current directors:

The latest financial statements of Tapi Riverfront Development Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Tapi Riverfront Development Corporation is 24AAJCT1573D1ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAJCT1573D1DR (Gujarat).

The CIN (Corporate Identification Number) of Tapi Riverfront Development Corporation is U93000GJ2022SGC129041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tapi Riverfront Development Corporation was incorporated on 02 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Tapi Riverfront Development Corporation by revenue are KLG Properties Private Limited, Mahodadhi Arcade Private Limited, Sulabh Tradecom Private Limited, Pragati Construction Services Private Limited, Thorson Consultants & Engineering (OPC) Private Limited and 5 more, all in the Infrastructure industry (Construction Services).

Dharmesh Bhagwagar was appointed as Director on 02 Dec 2025. Jatinkumar Manubhai Desai ceased to be Director on 29 Nov 2025. Raj Suthar was appointed as Director on 31 Jul 2025. Tapi Riverfront Development Corporation has 35 board changes on record in total.

The registered office of Tapi Riverfront Development Corporation is at Room No. 117 City Engineer Special Cell Gordhandas Chokhawala Marg Muglisara, Surat, Gujarat, India – 395003.

Tapi Riverfront Development Corporation operates in the service industry, in the other services segment.

Tapi Riverfront Development Corporation can be reached at its registered office: Room No. 117 City Engineer Special Cell Gordhandas Chokhawala Marg Muglisara, Surat, Gujarat, India – 395003.