
About D B Malls Private Limited
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D B Malls Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Db Consolidated Private Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 14 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45203MP2006PTC018699. Its GSTIN is 23AACCD3913C1ZD (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹13.34 Cr and a paid-up capital of ₹6.48 Cr. It is led by directors Sharad Kumar Joshi and Satyendra Vyas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2025, the company reported a revenue of ₹155.04 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹45.06 Cr (net margin 29.1%) and EBITDA of ₹103.53 Cr (EBITDA margin 66.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 9% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,194 Cr and satisfied charges of ₹3,430.97 Cr on record. Court records list 20 cases involving the company, including 12 filed by the company and 8 filed against it; 9 cases are pending. The company has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹12.46 Cr; the latest was in March 2024. The company has 13 MSME Form 1 returns on record between 2020 and 2024, listing 28 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dbcity.in.
Company details
Contact details
D B Malls Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is dbcity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of D B Malls Private Limited, buy the company report.
- 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
Business activity
The main business activity of D B Malls is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and housekeeping & maintenance service. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of D B Malls Private Limited, buy the company report.
Financials of D B Malls Private Limited
FY 2025 filings availableD B Malls Private Limited reported revenue of ₹155.04 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 10% growth in the latest year. EBITDA fell 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹103.53 Cr | ||||
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| Net Profit (PAT) | ₹45.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 66.8% | ||||
| Net Profit Margin | 29.1% | ||||
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To see the full financial statements and ratios of D B Malls Private Limited, buy the company report.
Board of directors of D B Malls Private Limited
D B Malls has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Kumar Joshi Also directs: Surge Developers Private Limited, Decent Industries Private Limited, Divya Decent Trading Private Limited and 5 more | Director | 23 Jan 2024 | 2 Years 9 Months | Current |
| Satyendra Vyas Also directs: Surge Developers Private Limited, Decore Exxoils Private Limited, Exxoils Enterprises Private Limited and 5 more | Director | 06 Dec 2018 | 7 Years 10 Months | Current |
Auditor
D B Malls Private Limited is audited by Anil Kamal Garg & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Kamal Garg & Company | FY 2023 | 004186C |
Shareholding
The shareholding of D B Malls Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of D B Malls Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2019 | 100292163 | Others | ₹597 Cr | Open | |
| 20 Sep 2019 | 100292168 | Others | ₹597 Cr | Open | |
| 14 Jun 2019 | 100273436 | Others | ₹597 Cr | Satisfied | |
| 03 Oct 2018 | 100241270 | Others | ₹21.88 Cr | Satisfied | |
| 25 Sep 2018 | 100205122 | Others | ₹600 Cr | Satisfied |
To see the full charge records of D B Malls Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
D B Malls Private Limited has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹12.46 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: D B Infrastructures Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Aarkey Devcon Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: DB Consolidated Private Limited Seller: Aarkey Devcon Private Limited |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: D B Infrastructures Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: D B Infrastructures Private Limited , Aarkey Devcon Private Limited |
To see the full deal history of D B Malls Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
D B Malls Private Limited has 20 court cases on record: 12 filed by D B Malls, 8 filed against it. 9 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 4 |
| High courts | 7 | 5 | 5 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed against the company by M/S Cinepolis India Pvt. Ltd. | Disposed |
| High Court of Madhya Pradesh | Court case (AC) | Filed against the company by Cinepolis India Private Limited | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed against the company by Cinepolis India Pvt. Ltd. Through Hemant Buakoti | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against Business India Publications Ltd. and 1 other | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against Business India Publications Ltd | Disposed |
To see the full case history of D B Malls Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
D B Malls Private Limited has 13 MSME Form 1 returns on record between 2020 and 2024, listing 28 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Work Store Private Limited | |||
| Vedanjay Power Private Limited | |||
| an individual supplier | |||
| Duct Clean Co (Unit of M/S Accordible) |
To see the full MSME payment records of D B Malls Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
D B Malls Private Limited has a workforce of 110 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
D B Malls has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCD3913C1ZD | Madhya Pradesh | Active | 01 Jul 2017 |
| 07AACCD3913C1Z7 | Delhi | Active | 20 Jan 2024 |
To see the full GST registrations and return filing status of D B Malls Private Limited, buy the company report.
Recent activity
D B Malls Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Sharad Kumar Joshi was appointed as Director on 23 Jan 2024.
41 earlier events are in the company report.
Frequently asked questions
D B Malls is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in mall and retail management, within the business services industry. It was incorporated on 14 June 2006 (20+ years old) and is registered under CIN U45203MP2006PTC018699.
D B Malls has 2 current directors:
- Sharad Kumar Joshi - Director
- Satyendra Vyas - Director
The latest financial statements of D B Malls on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of D B Malls is 23AACCD3913C1ZD, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCD3913C1Z7 (Delhi).
The CIN (Corporate Identification Number) of D B Malls is U45203MP2006PTC018699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
D B Malls has 20 court cases on record: 12 filed by the company and 8 filed against it. 9 are pending. Most are in the district courts.
D B Malls was incorporated on 14 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
D B Malls has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹12.46 Cr; the latest was in March 2024.
Sharad Kumar Joshi was appointed as Director on 23 Jan 2024. Dev Prakash Pandey ceased to be Additional Director on 18 Jan 2024. Satyendra Vyas ceased to be Additional Director on 25 Sep 2019. D B Malls has 10 board changes on record in total.
D B Malls has 13 MSME Form 1 returns on record between 2020 and 2024, listing 28 overdue payments to 16 micro and small suppliers. The latest return was filed on 17 Nov 2023.
D B Malls can be reached through the website dbcity.in. Its registered office is in Bhopal, Madhya Pradesh, India.