About Il&Fs Cluster Development Initiative Limited
Data last updated: 09 February 2026
Il&Fs Cluster Development Initiative Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Infrastructure Leasing And Financial Services Limited. It specialises in infrastructure project management, a part of the broader infrastructure and utilities sector. Incorporated on 14 September 2006, the company has been in operation for over 20 years.
Registered with ROC Delhi under CIN U70109DL2006PLC153767.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹12 Cr. Formerly known as Clusternet India Limited and Industry Growth Advisers Limited. It is led by directors including Satyen Gajanand Trivedi and Priya Prempal Shetty.
Last AGM: 08 September 2025. Financial statements filed for year ended 31 March 2025. Office: D – 114 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.4 Lakh, a decline of 59% compared to the previous year.
It operates as a subsidiary of Infrastructure Leasing And Financial Services Limited.
As per MCA filings, the company has open charges of ₹272.5 Cr and satisfied charges of ₹50 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iuiml.com.
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Registered AddressD – 114 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020
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IndustryInfrastructure and Utilities, Infrastructure Project Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Il&Fs Cluster Development Initiative Limited
Il&Fs Cluster Development Initiative Limited has undergone 5 name changes throughout its history. The current legal name is Il&Fs Cluster Development Initiative Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Il&Fs Cluster Development Initiative Limited | Current |
| Clusternet India Limited | Previous |
| Industry Growth Advisers Limited | Previous |
| Il And Fs Cluster Development Initiatives Company Limited | Previous |
| Industry Growth Partners Limited | Previous |
| Capacity Swap Linkages Limited | Previous |
Business Activity of Il&Fs Cluster Development Initiative Limited
Il&Fs Cluster Development Initiative Limited is engaged in principal business activities including professional, scientific and technical and education, with detailed activities including management consultancy activities, higher education, technical & vocational education. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | ********* |
| P | Education | P2 | Higher education, technical & vocational education | ********* |
Auditor Details of Il&Fs Cluster Development Initiative Limited
Il&Fs Cluster Development Initiative Limited is audited by MITUL M SHAH & ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MITUL M SHAH & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Il&Fs Cluster Development Initiative Limited
Il&Fs Cluster Development Initiative Limited is currently managed by 4 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyen Gajanand Trivedi | Director | 28 Mar 2022 | 4 Years 3 Months | Current |
| Priya Prempal Shetty | Director | 08 Sep 2020 | 5 Years 10 Months | Current |
| Shekhar Sharad Prabhudesai | Director | 14 Jan 2021 | 5 Years 5 Months | Current |
Financials of Il&Fs Cluster Development Initiative Limited FY 2025 filings available
Il&Fs Cluster Development Initiative Limited reported revenue of ₹45.4 Lakh (down 59% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Il&Fs Cluster Development Initiative Limited
As of FY 2021, Il&Fs Cluster Development Initiative Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Il&Fs Cluster Development Initiative Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2016 | Others | ₹2.5 Cr | Open |
| 12 Jul 2016 | Others | ₹270 Cr | Open |
| 03 Apr 2013 | Il&Fs Financial Services Limited | ₹5 Cr | Satisfied |
| 16 Jun 2011 | Yes Bank Limited | ₹45 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Il&Fs Cluster Development Initiative Limited
View historical data on people associated with Il&Fs Cluster Development Initiative Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Il&Fs Cluster Development Initiative Limited
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GST Compliance of Il&Fs Cluster Development Initiative Limited
GSTIN & GST Filing Data of Il&Fs Cluster Development Initiative Limited
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Credit Ratings, Litigation & Regulatory Alerts for Il&Fs Cluster Development Initiative Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Il&Fs Cluster Development Initiative Limited
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MSME Payment Delays by Il&Fs Cluster Development Initiative Limited
MSME Payment Delays by Il&Fs Cluster Development Initiative Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Il&Fs Cluster Development Initiative Limited
Subsidiaries & Group Companies of Il&Fs Cluster Development Initiative Limited
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MCA Filings & Documents of Il&Fs Cluster Development Initiative Limited
MCA Filings & Documents of Il&Fs Cluster Development Initiative Limited
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Recent Activity on Il&Fs Cluster Development Initiative Limited
Frequently Asked Questions about Il&Fs Cluster Development Initiative Limited
Il&Fs Cluster Development Initiative Limited is an active public limited company in the infrastructure and utilities sector based in New Delhi, Delhi, India. It was incorporated on 14 September 2006 (20+ years old) and is registered under CIN U70109DL2006PLC153767.
Il&Fs Cluster Development Initiative Limited reported revenue of ₹45.4 Lakh for FY 2025 (down 59.00% YoY).
The current directors of Il&Fs Cluster Development Initiative Limited are:
- Satyen Gajanand Trivedi
- Priya Prempal Shetty
- Shekhar Sharad Prabhudesai
- Umesh Prakash Tela
The primary industry of Il&Fs Cluster Development Initiative Limited is infrastructure and utilities. The company specifically operates in infrastructure project management. The company is currently active in this sector.
Il&Fs Cluster Development Initiative Limited can be reached at the registered office: D – 114 Okhla Industrial Area Phase – I, New Delhi, Delhi, India – 110020, or through the website iuiml.com.
The authorised capital is ₹20 Cr, and the paid-up capital is ₹12 Cr.