About Gandhinagar Smart City Development Limited
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Gandhinagar Smart City Development Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 06 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2017PLC099371. Its GSTIN is 24AAHCG0324K1ZV (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Pareshkumar Purushottamdas Vakharia and Sailesh Jogiani.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹23.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34,675 (net margin 0%) and EBITDA of -₹9.72 Cr (EBITDA margin -41%). Revenue has grown at a compounded annual rate (CAGR) of 233% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gandhinagarmunicipal.com.
Company details
Contact details
Gandhinagar Smart City Development Limited's registered office is in Gandhinagar, Gujarat. Its website is gandhinagarmunicipal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressPandit Dindayal Upadhyay Bhavan, Behind Fire Station Sector – 17, Gandhinagar, Gujarat, India – 382016
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Gandhinagar Smart City Development 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 Gandhinagar Smart City Development Limited
FY 2024 filings availableGandhinagar Smart City Development Limited reported revenue of ₹23.71 Cr (up 1756% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 233% over three years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹23.71 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹9.72 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹34,675 | |||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -41% | |||
| Net Profit Margin | 0% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Gandhinagar Smart City Development Limited, buy the company report.
Board of directors of Gandhinagar Smart City Development Limited
Gandhinagar Smart City Development has 9 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pareshkumar Purushottamdas Vakharia | Director | 09 Feb 2018 | 8 Years 9 Months | Current |
| Sailesh Jogiani | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Jyotsna Shailesh Rathod | Director | 19 Mar 2018 | 8 Years 7 Months | Current |
| Remya Mohan Also directs: Urban Ring Development Corporation Limited, Guj Info Petro Limited, Surat Smart City Development Limited and 3 more | Director | 01 Feb 2025 | 1 Years 9 Months | Current |
| Kesharbhai Ghemarbhai Chaudhary | Director | 03 Jul 2024 | 2 Years 4 Months | Current |
| Bharat Kantilal Pandya Also directs: Gandhinagar Greenline Transport Service Limited | Director | 06 Oct 2017 | 9 Years 1 Months | Current |
Auditor
Gandhinagar Smart City Development Limited is audited by B UPADHYAY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B UPADHYAY & CO | FY 2021 | 111166W |
Shareholding
The shareholding of Gandhinagar Smart City Development Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gandhinagar Smart City Development Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gandhinagar Smart City Development Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gandhinagar Smart City Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gandhinagar Smart City Development has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG0324K1ZV | Gujarat | Active | 02 Jan 2018 |
| 24AAHCG0324K1D4 | Gujarat | Active | 13 Jan 2020 |
To see the full GST registrations and return filing status of Gandhinagar Smart City Development Limited, buy the company report.
Recent activity
Gandhinagar Smart City Development Limited has 36 board changes on record since 2017: 9 appointments and 27 cessations. The latest: Kesharbhai Ghemarbhai Chaudhary ceased to be Director on 08 Dec 2025.
27 earlier events are in the company report.
Frequently asked questions
Gandhinagar Smart City Development is an active public limited company based in Gandhinagar, Gujarat, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 06 October 2017 (9+ years old) and is registered under CIN U93000GJ2017PLC099371.
Gandhinagar Smart City Development has 9 current directors:
- Pareshkumar Purushottamdas Vakharia - Director
- Sailesh Jogiani - Director
- Jyotsna Shailesh Rathod - Director
- Remya Mohan - Director
- Kesharbhai Ghemarbhai Chaudhary - Director
- Bharat Kantilal Pandya - Director
- Jitendrasinh Vaghela - Director
- Gaurang Ravindrakumar Vyas - Director
- Patanjali Janhvinarayan Mishra - Director
The latest financial statements of Gandhinagar Smart City Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Gandhinagar Smart City Development is 24AAHCG0324K1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAHCG0324K1D4 (Gujarat).
The CIN (Corporate Identification Number) of Gandhinagar Smart City Development is U93000GJ2017PLC099371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gandhinagar Smart City Development was incorporated on 06 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kesharbhai Ghemarbhai Chaudhary ceased to be Director on 08 Dec 2025. Remya Mohan was appointed as Director on 01 Feb 2025. Patanjali Janhvinarayan Mishra was appointed as Director on 13 Jan 2025. Gandhinagar Smart City Development has 36 board changes on record in total.
Gandhinagar Smart City Development can be reached through the website gandhinagarmunicipal.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Gandhinagar Smart City Development is at Pandit Dindayal Upadhyay Bhavan, Behind Fire Station Sector – 17, Gandhinagar, Gujarat, India – 382016.
Gandhinagar Smart City Development operates in the infrastructure and utilities industry, in the general infrastructure services segment.
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