About Imagine Panaji Smart City Development Limited
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Imagine Panaji Smart City Development Limited is a public limited state government company based in Panaji, Goa, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 16 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74999GA2016SGC012967. Its GSTIN is 30AAECI2324J1Z1 (Goa).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹100 Lakh. It is led by directors including Hage Mamu (Managing Director) and Uttam Prabhakar Parsekar.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Adil Shah Palace Old Secretariat, Panaji, Goa, India – 403001.
As per the financials filed for FY 2018, the company reported a revenue of ₹95.76 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.91 Lakh (net margin 7.2%) and EBITDA of ₹12.83 Lakh (EBITDA margin 13.4%).
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ipscdl. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 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 imaginepanaji.com.
Company details
Contact details
Imagine Panaji Smart City Development Limited's registered office is in Panaji, Goa.
- Social Media
- Registered AddressAdil Shah Palace Old Secretariat, Panaji, Goa, India – 403001
- IndustryInfrastructure and Utilities, Infrastructure Project Management
- 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
Brands
Imagine Panaji Smart City Development operates one associated brand: IPSCDL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Smart city development and urban infrastructure projects in Panaji, Goa. | imaginepanaji.com |
Business activity
The main business activity of Imagine Panaji Smart City Development is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Imagine Panaji Smart City Development Limited, buy the company report.
Financials of Imagine Panaji Smart City Development Limited
FY 2020 filings availableImagine Panaji Smart City Development Limited reported revenue of ₹95.76 Lakh (up 1295% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| Revenue from Operations | ||
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| EBITDA | ₹12.83 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6.91 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.4% | |
| Net Profit Margin | 7.2% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Imagine Panaji Smart City Development Limited, buy the company report.
Board of directors of Imagine Panaji Smart City Development Limited
Imagine Panaji Smart City Development has 9 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Kumar Goel | Nominee Director | 26 May 2021 | 5 Years 5 Months | Current |
| Ramesh Verma | Nominee Director | 23 Feb 2023 | 3 Years 8 Months | Current |
| Clen Madeira | Nominee Director | 23 Feb 2023 | 3 Years 8 Months | Current |
| Atanasio Monserrate Teoflio Martins Also directs: Raj Hospitality Private Limited | Nominee Director | 26 May 2021 | 5 Years 5 Months | Current |
| Uttam Prabhakar Parsekar | Director | 16 Aug 2016 | 10 Years 2 Months | Current |
| Hage Mamu | Managing Director | 20 Oct 2022 | 4 Years 0 Months | Current |
Legal cases
Imagine Panaji Smart City Development Limited has 7 court cases on record: 1 filed by Imagine Panaji Smart City Development, 6 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| Bombay High Court | Court case (MCA) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (MCA) | Filed against the company | Disposed |
| Bombay High Court | Court case (PILWP) | Filed against the company | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
To see the full case history of Imagine Panaji Smart City Development 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 Imagine Panaji Smart City Development Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Imagine Panaji Smart City Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECI2324J1Z1 | Goa | Active | 09 Apr 2018 |
To see the full GST registrations and return filing status of Imagine Panaji Smart City Development Limited, buy the company report.
Recent activity
Imagine Panaji Smart City Development Limited has 26 board changes on record since 2016: 14 appointments and 12 cessations. The latest: Candavelou Vinayagam was appointed as Nominee Director on 23 Feb 2023.
17 earlier events are in the company report.
Frequently asked questions
Imagine Panaji Smart City Development is an active public limited state government company based in Panaji, Goa, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 16 August 2016 (10+ years old) and is registered under CIN U74999GA2016SGC012967.
Imagine Panaji Smart City Development has 9 current directors:
- Hage Mamu - Managing Director
- Puneet Kumar Goel - Nominee Director
- Ramesh Verma - Nominee Director
- Clen Madeira - Nominee Director
- Atanasio Monserrate Teoflio Martins - Nominee Director
- Uttam Prabhakar Parsekar - Director
- Candavelou Vinayagam - Nominee Director
- Rohit Monserrate - Nominee Director
- Gurudas Paco Pilernekar - Nominee Director
The latest financial statements of Imagine Panaji Smart City Development on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Imagine Panaji Smart City Development is 30AAECI2324J1Z1, registered in Goa.
The CIN (Corporate Identification Number) of Imagine Panaji Smart City Development is U74999GA2016SGC012967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Imagine Panaji Smart City Development has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending.
Imagine Panaji Smart City Development was incorporated on 16 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Goa.
Candavelou Vinayagam was appointed as Nominee Director on 23 Feb 2023. Clen Madeira was appointed as Nominee Director on 23 Feb 2023. Ramesh Verma was appointed as Nominee Director on 23 Feb 2023. Imagine Panaji Smart City Development has 26 board changes on record in total.
Imagine Panaji Smart City Development can be reached through the website imaginepanaji.com. Its registered office is in Panaji, Goa, India.
The registered office of Imagine Panaji Smart City Development is at Adil Shah Palace Old Secretariat, Panaji, Goa, India – 403001.
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