About Sabarmati Riverfront Development
Sabarmati Riverfront Development is a company based in Ahmedabad (India) founded in 1997 by Keshav Varma. Urban riverfront development is managed in Ahmedabad, India. The company has 2 employees. Its website sabarmatiriverfront.com draws about 39 thousand monthly visits. Its Indian entity Sabarmati River Front Development Corporation Limited reported revenue of ₹4.55 Cr. Sabarmati Riverfront Development offers products and services including Riverfront Development and Parks and Gardens.
Company details
The Sabarmati Riverfront Development Corporation was established in 1997 as an urban housing entity in Ahmedabad, India. Operations center on infrastructure projects along the Sabarmati River, including land reclamation, public spaces, and residential developments. Services encompass planning, construction, and maintenance of riverfront amenities. Leadership is provided by founder and chairman Keshav Varma, with activities focused on sustainable urban renewal in the Gujarat region.
- Headquarters Ahmedabad, India
- Employees 2
- Founders Keshav Varma
- Email••••••••
- Phone•••• ••••
- Website sabarmatiriverfront.com
- Social Facebook
- Legal Name Sabarmati River Front Development Corporation Limited
- Date of Incorporation 28 May, 1997
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹4.55 Cr
FY 2025 · +93% YoY
- Net Profit₹45.7 Lakh
FY 2025 · 10% margin
- EBITDA₹1.50 Cr
FY 2025 · 33% margin
- Latest Funding Round$123.37M (USD), Debt – Conventional
Mar 2006
- Employee Count2
Associated legal entities of Sabarmati Riverfront Development
Sabarmati Riverfront Development operates through Sabarmati River Front Development Corporation Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sabarmati River Front Development Corporation Limited CIN U73100GJ1997PLC032419 | Active | 28 May 1997 | Ahmedabad, Gujarat | ₹4.5 Cr | 2 | 11 | View details |
Products & Services of Sabarmati Riverfront Development
Sabarmati Riverfront Development offers a comprehensive portfolio of products and services, including Riverfront Development and Parks and Gardens.
Riverfront areas are developed and managed for environmental improvement and flood reduction
Parks and gardens are maintained to increase green cover and support biodiversity in urban settings
Funding Insights of Sabarmati Riverfront Development
- Total Rounds 1
- Last Round Debt – Conventional — $123.37M
- First Round $123.37M
(Mar 2006)
All 1 funding rounds of Sabarmati Riverfront Development with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2006 | $123.37M | Debt – Conventional | – | – | – |
Board of directors of Sabarmati River Front Development Corporation Limited (Sabarmati Riverfront Development)
Sabarmati River Front Development Corporation Limited is the primary company behind Sabarmati Riverfront Development. The board of Sabarmati River Front Development Corporation Limited currently have 9 directors; the longest-serving is Arjav Jagdishbhai Shah, appointed in 2015. 60 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arjav Jagdishbhai Shah DIN 07012157 | Director | 24 Aug 2015 | 11 yrs 2 mo | Sabarmati River Front Development Corporation Limited |
| Shehzadkhan Nasirkhan Pathan DIN 09482673 | Director | 11 Jan 2022 | 4 yrs 9 mo | Sabarmati River Front Development Corporation Limited |
| Minal Kshitij Patel DIN 00049198 | Director | 30 Jun 2023 | 3 yrs 4 mo | Sabarmati River Front Development Corporation Limited |
| Pratibha Rakeshkumar Jain DIN 10345158 | Director | 14 Sep 2023 | 3 yrs 1 mo | Sabarmati River Front Development Corporation Limited |
| Devang Jitendrabhai Dani DIN 10334619 | Director | 14 Sep 2023 | 3 yrs 1 mo | Sabarmati River Front Development Corporation Limited |
| Amrutesh Kalidas Aurangabadkar DIN 08322112 | Director | 08 Jan 2025 | 1 yr 9 mo | Sabarmati River Front Development Corporation Limited |
| Indrajeet Prasad Gautam DIN 00260908 | Additional Director | 28 Jan 2025 | 1 yr 9 mo | Sabarmati River Front Development Corporation Limited |
| Sujeet Kumar DIN 10982223 | Director | 02 Feb 2025 | 1 yr 9 mo | Sabarmati River Front Development Corporation Limited |
| Banchhanidhi Pani DIN 07667671 | Additional Director | 10 Feb 2025 | 1 yr 8 mo | Sabarmati River Front Development Corporation Limited |
People of Sabarmati Riverfront Development
1 people are tracked at Sabarmati Riverfront Development (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
| Founder & Chairman | Leadership |
Complete people profiles for Sabarmati Riverfront Development
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Sabarmati Riverfront Development
Figures of Sabarmati River Front Development Corporation Limited, the primary company behind Sabarmati Riverfront Development, for FY 2025. Revenue was ₹4.55 Cr (+93% year on year). Net profit was ₹45.7 Lakh (10% margin). EBITDA was ₹1.50 Cr (33% margin). Revenue has grown at a compounded annual rate of +24% over three years and +21% over five years.
- ₹4.55 CrRevenue · FY 2025 · +93% YoY
- ₹45.7 LakhNet profit · 10% margin
- ₹1.50 CrEBITDA · 33% margin
- ₹240 CrPaid-up capital
- 2Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sabarmati River Front Development Corporation Limited are on its company page.
Detailed financial statements for Sabarmati Riverfront Development
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Sabarmati Riverfront Development
2 dated milestones of Sabarmati Riverfront Development across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Sabarmati Riverfront Development is founded.
- Funding First funding round of $123.4M.
Web traffic of Sabarmati Riverfront Development
The website of Sabarmati Riverfront Development (sabarmatiriverfront.com) receives about 39.3K visits a month.
- Monthly visits39.3K
▲ 123.9% vs previous month
Websites whose visitors overlap most with Sabarmati Riverfront Development. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
urbanmobilityindia.in | urbanmobilityindia.in | 100% | #4,086,057 | – | |
udd.gujarat.gov.in | udd.gujarat.gov.in | 89% | – | ||
utsav.gov.in | utsav.gov.in | 83% | #257,503 | – | |
eakon.jp | eakon.jp | 30% | #3,707,044 | – | |
hcp.co.in | hcp.co.in | 26% | #2,302,744 | – |
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Related news about Sabarmati Riverfront Development
Complete news archive for Sabarmati Riverfront Development
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Frequently Asked Questions about Sabarmati Riverfront Development
Sabarmati Riverfront Development was founded in 1997 and raised its 1st funding round 9 years after it was founded.
Sabarmati Riverfront Development is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Sabarmati Riverfront Development has 2 employees.
The primary company behind Sabarmati Riverfront Development, Sabarmati River Front Development Corporation Limited, reported revenue of ₹4.55 Cr for FY 2025, up 93% year on year.
The Sabarmati Riverfront Development Corporation was established in 1997 as an urban housing entity in Ahmedabad, India. Operations center on infrastructure projects along the Sabarmati River, including land reclamation, public spaces, and residential developments. Services encompass planning, construction, and maintenance of riverfront amenities. Leadership is provided by founder and chairman Keshav Varma, with activities focused on sustainable urban renewal in the Gujarat region.
Sabarmati Riverfront Development offers Riverfront Development and Parks and Gardens.
Sabarmati Riverfront Development operates through Sabarmati River Front Development Corporation Limited.
The legal entities of Sabarmati Riverfront Development currently have 11 directors, including Banchhanidhi Pani, Pratibha Rakeshkumar Jain, Devang Jitendrabhai Dani and others.