About Horizon Projects (Indore) Private Limited
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Horizon Projects (Indore) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 12 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U00741MP1999PTC013629. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.86 Lakh. It is led by directors including Nikhil Kothari and Surbhi Kothari.
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 401 The Horizon 11/5 South Tukoganj, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,020, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹11,550 (net margin 115.3%) and EBITDA of ₹5,020 (EBITDA margin 50.1%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 68% over five years.
As per MCA filings, the company has open charges of ₹36.04 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website horizonindia.co.in.
Company details
Contact details
Horizon Projects (Indore) Private Limited's registered office is in Indore, Madhya Pradesh. Its website is horizonindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address401 The Horizon 11/5 South Tukoganj, Indore, Madhya Pradesh, India – 452001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Horizon Projects (Indore) 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
Financials of Horizon Projects (Indore) Private Limited
FY 2025 filings availableHorizon Projects (Indore) Private Limited reported revenue of ₹10,020 (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 68%. EBITDA rose 35% 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 | ₹5,020 | ||||
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| Net Profit (PAT) | ₹11,550 | ||||
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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 | 50.1% | ||||
| Net Profit Margin | 115.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Horizon Projects (Indore) Private Limited, buy the company report.
Board of directors of Horizon Projects (Indore) Private Limited
Horizon Projects (Indore) has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Kothari | Director | 05 Nov 2005 | 21 Years 0 Months | Current |
| Surbhi Kothari | Director | 01 Mar 2005 | 21 Years 8 Months | Current |
| Santosh Ramesh Sawant | Director | 23 Oct 2025 | 1 Years 0 Months | Current |
| Shankar Vitthal Shinde Also directs: Greeneration Handiworks Traders Private Limited | Director | 23 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Horizon Projects (Indore) Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Materials Retail and Distribution, Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prestres Build Worth Pvt Ltd | ₹10,174 (FY 2022) | 4.0% | Assam, India | |||
| Jaygogagalaxy Infra Private Limited | ₹10,110 (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Meenakshi Planners and Construction Ptrivate Limited | ₹10,059 (FY 2024) | 217.0% | Patna, Bihar, India | |||
| Alankar Tradelinks Private Limited | ₹10,032 (FY 2025) | -59.0% | Kolkata, West Bengal, India | |||
| Sukhmani Engineers Private Limited | ₹10,030 (FY 2025) | 5.0% | Surat, Gujarat, India | |||
| Horizon Projects (Indore) Private Limitedthis company | ₹10,020 (FY 2025) | ₹11,550 | 115.3% | 15.0% | Indore, Madhya Pradesh, India | |
| Shree Padmavati Natural Granimarmo Private Limited | ₹10,010 (FY 2025) | 43.0% | Ajmer, Rajasthan, India | |||
| Miniature Township and Properties Private Limited | ₹10,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Basilio Universal Private Limited | ₹10,000 (FY 2025) | -75.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Ashwathi Realty Private Limited | ₹10,000 (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Harshali Multitrade Private Limited | ₹10,000 (FY 2025) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Horizon Projects (Indore) Private Limited, buy the company report.
Auditor
Horizon Projects (Indore) Private Limited is audited by SHERIL GUPTA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHERIL GUPTA & ASSOCIATES | FY 2021 | 031361C |
Shareholding
The shareholding of Horizon Projects (Indore) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Horizon Projects (Indore) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2012 | 10385263 | Bank of Baroda | ₹30.94 Cr | Open | |
| 04 Feb 2010 | 10200827 | Housing and Urban Development Corporation Limited | ₹5.1 Cr | Open |
To see the full charge records of Horizon Projects (Indore) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Horizon Projects (Indore) Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, Indore, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Fnance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Ifoline Finance Limited | Disposed |
To see the full case history of Horizon Projects (Indore) 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
No delayed payments to MSME suppliers are on our record for Horizon Projects (Indore) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Horizon Projects (Indore) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Horizon Projects (Indore) Private Limited, buy the company report.
Recent activity
Horizon Projects (Indore) Private Limited has 4 board changes on record since 2005: 4 appointments. The latest: Santosh Ramesh Sawant was appointed as Director on 23 Oct 2025.
Frequently asked questions
Horizon Projects (Indore) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 12 July 1999 (27+ years old) and is registered under CIN U00741MP1999PTC013629.
Horizon Projects (Indore) has 4 current directors:
- Nikhil Kothari - Director
- Surbhi Kothari - Director
- Santosh Ramesh Sawant - Director
- Shankar Vitthal Shinde - Director
The latest financial statements of Horizon Projects (Indore) 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 2015 are in the company report.
No. Horizon Projects (Indore) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Horizon Projects (Indore) is U00741MP1999PTC013629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Projects (Indore) has 6 court cases on record: 6 filed against it. 2 are pending.
Horizon Projects (Indore) was incorporated on 12 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Horizon Projects (Indore) by revenue are Prestres Build Worth Pvt Ltd, Jaygogagalaxy Infra Private Limited, Meenakshi Planners and Construction Ptrivate Limited, Alankar Tradelinks Private Limited, Sukhmani Engineers Private Limited and 5 more, all in the Infrastructure industry (Construction Materials Retail and Distribution, Construction Services).
Santosh Ramesh Sawant was appointed as Director on 23 Oct 2025. Shankar Vitthal Shinde was appointed as Director on 23 Oct 2025. Nikhil Kothari was appointed as Director on 05 Nov 2005. Horizon Projects (Indore) has 4 board changes on record in total.
Horizon Projects (Indore) can be reached through the website horizonindia.co.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Horizon Projects (Indore) is at 401 The Horizon 115 South Tukoganj, Indore, Madhya Pradesh, India – 452001.
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