About Davanagere Smart City Limited
Data last updated:
Davanagere Smart City Limited is a public limited company based in Davanagere, Karnataka, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 19 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PLC093411. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹200 Cr. It is led by directors including Renuka (Managing Director) and Alakananda Somashekharappa Mysore.
Its last annual general meeting (AGM) was held on 12 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 77 Zilladalitha Bhavana Premises Karur Industrial Area Old P. B. Road, Davanagere, Karnataka, India – 577006.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.09 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Lakh (net margin 9.3%) and EBITDA of ₹21.09 Lakh (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 239% over five years.
Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dvg.karnatakasmartcity.in.
Company details
Contact details
Davanagere Smart City Limited's registered office is in Davanagere, Karnataka. Its website is dvg.karnatakasmartcity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No. 77 Zilladalitha Bhavana Premises Karur Industrial Area Old P. B. Road, Davanagere, Karnataka, India – 577006
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Davanagere Smart City 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
Financials of Davanagere Smart City Limited
FY 2025 filings availableDavanagere Smart City Limited reported revenue of ₹21.09 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 239% over five years, including 1% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| 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 | ₹21.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.97 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 9.3% | ||||
| 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 Davanagere Smart City Limited, buy the company report.
Board of directors of Davanagere Smart City Limited
Davanagere Smart City has 9 current directors and 67 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka | Managing Director | 07 Jan 2023 | 3 Years 9 Months | Current |
| Kavalikatti Prabhuling | Nominee Director | 05 Jan 2024 | 2 Years 9 Months | Current |
| Rajesh Kumar Sahu Also directs: Uttar Pradesh State Handloom Corporation Limited | Nominee Director | 03 Apr 2023 | 3 Years 6 Months | Current |
| Ahammed Shamla | Nominee Director | 11 Jul 2024 | 2 Years 3 Months | Current |
| Alakananda Somashekharappa Mysore | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
| Selvamani Ramasamy | Nominee Director | 11 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Davanagere Smart City Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Strategise.In Private Limited | ₹21.79 Lakh (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Arthaat Mass Communications Private Limited | ₹21.63 Lakh (FY 2024) | 20.0% | Mumbai, Maharashtra, India | |||
| Esntls Technologies Private Limited | ₹21.49 Lakh (FY 2024) | -6.0% | Ranchi, Jharkhand, India | |||
| Combined Freight Networks (OPC) Private Limited | ₹21.23 Lakh (FY 2024) | 0.0% | Chennai, Tamil Nadu, India | |||
| Conbuss Online Manufacturing Private Limited | ₹21.15 Lakh (FY 2025) | 33.0% | Sion, Mumbai, Maharashtra, India | |||
| Davanagere Smart City Limitedthis company | ₹21.09 Lakh (FY 2025) | ₹1.97 Lakh | 9.3% | 1.0% | Davanagere, Karnataka, India | |
| Vijo Fitness Academy Private Limited | ₹21.05 Lakh (FY 2024) | Ernakulam, Kerala, India | ||||
| Ceekr Concepts Private Limited | ₹21.01 Lakh (FY 2025) | -32.0% | New Delhi, Delhi, India | |||
| Roadmetrics Private Limited | ₹20.99 Lakh (FY 2024) | -11.0% | Bengaluru, Karnataka, India | |||
| Codentheme Private Limited | ₹20.98 Lakh (FY 2025) | -71.0% | Pali, Rajasthan, India | |||
| Geneque Tracker (OPC) Private Limited | ₹20.91 Lakh (FY 2022) | Bangalore, Karnataka, India |
To see the full peer comparison of Davanagere Smart City Limited, buy the company report.
Auditor
Davanagere Smart City Limited is audited by BELAGAVI AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BELAGAVI AND ASSOCIATES | FY 2021 | 00413S |
Shareholding
The shareholding of Davanagere Smart City 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 Davanagere Smart City Limited, buy the company report.
Legal cases
Davanagere Smart City Limited has 14 court cases on record: 4 filed by Davanagere Smart City, 10 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 10 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Signpost India Limited | Disposed |
| High Court, KARNATAKA | Appeal | Filed against the company by M/S SKS Karkala Infra Projects Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| District court, DAVANGERE, Karnataka | Interim or miscellaneous application | Filed by the company against M/S Kinetic Green Energy and Power Solution Limited R/By Director Ritesh Mantri | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Davanagere Smart City 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
No delayed payments to MSME suppliers are on our record for Davanagere Smart City Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Davanagere Smart City has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Davanagere Smart City Limited, buy the company report.
Recent activity
Davanagere Smart City Limited has 78 board changes on record since 2016: 16 appointments and 62 cessations. The latest: Subramanian Poovitha was appointed as Nominee Director on 12 Dec 2025.
69 earlier events are in the company report.
Frequently asked questions
Davanagere Smart City is an active public limited company based in Davanagere, Karnataka, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 19 May 2016 (10+ years old) and is registered under CIN U74999KA2016PLC093411.
Davanagere Smart City has 9 current directors:
- Renuka - Managing Director
- Kavalikatti Prabhuling - Nominee Director
- Rajesh Kumar Sahu - Nominee Director
- Ahammed Shamla - Nominee Director
- Alakananda Somashekharappa Mysore - Director
- Selvamani Ramasamy - Nominee Director
- Gangadhara Swamy Gangapathihally Muddappa - Nominee Director
- Nagaraja Madivalara - Director
- Subramanian Poovitha - Nominee Director
The latest financial statements of Davanagere Smart City on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 December 2025. Year-wise statements from FY 2017 are in the company report.
No. Davanagere Smart City has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Davanagere Smart City is U74999KA2016PLC093411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Davanagere Smart City has 14 court cases on record: 4 filed by the company and 10 filed against it. 3 are pending. Most are in the high courts.
Davanagere Smart City was incorporated on 19 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Davanagere Smart City by revenue are Strategise.In Private Limited, Arthaat Mass Communications Private Limited, Esntls Technologies Private Limited, Combined Freight Networks (OPC) Private Limited, Conbuss Online Manufacturing Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Subramanian Poovitha was appointed as Nominee Director on 12 Dec 2025. Renuka ceased to be Nominee Director on 14 Nov 2025. Mahantesh Neelappa Naik ceased to be Nominee Director on 08 May 2025. Davanagere Smart City has 78 board changes on record in total.
Davanagere Smart City can be reached through the website dvg.karnatakasmartcity.in. Its registered office is in Davanagere, Karnataka, India.
The registered office of Davanagere Smart City is at Plot No. 77 Zilladalitha Bhavana Premises Karur Industrial Area Old P. B. Road, Davanagere, Karnataka, India – 577006.