Indore Smart City Development Limited - Company Profile

It is a infrastructure and utilities public limited state government company based in Indore, Madhya Pradesh, India, established in 2016.
2016 Indore, Madhya Pradesh, India Active
Last Updated:
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About Indore Smart City Development Limited

Indore Smart City Development Limited, a active public limited state government company, was established on 11 March 2016 in Indore, Madhya Pradesh, India. Engaging in general infrastructure services within the professional, scientific and technical sector, it holds CIN: U75100MP2016SGC035528. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹200.00 Cr.

It upholds a compliant status. Employing 28 professional, Its leadership includes Mahesh Choudhary (Nominee Director), Shubhashish Banerjee (Nominee Director), Tanvi Garg (Nominee Director). Past directors included Manju Sharma, Shiv Kant Mudgal, Divyank . Singh. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Smart City Office, Nehru Park Campus, Indore, Madhya Pradesh, 452003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U75100MP2016SGC035528

  • Registration Number

    035528

  • Incorporation Date

    11 March 2016

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹200.00 Cr

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 200.00 Cr
  • Company Age 10 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -11.78%
  • Profit Growth **** -180.16%
  • Ebitda **** 10.31%
  • Net Worth -0.40%
  • Total Assets -2.15%
Company report

Indore Smart City Development Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Indore Smart City Development Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Indore Smart City Development Limited?
Current Directors
Name Designation Appointment Date Status
Mahesh Choudhary Nominee Director 11 Jul 2023 Current
Shubhashish Banerjee Nominee Director 13 Jul 2023 Current
Tanvi Garg Nominee Director 21 Feb 2023 Current
Nayan Chimanlal Parikh Director 22 Feb 2020 Current
Trapti Jain Director 24 Dec 2021 Current
Shivam Verma Nominee Director 25 Jul 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 16 Jul 2018 Past
Pramod Abcsdd Nominee Director 13 Jul 2023 Past
Pramod Abcsdd Ceo 18 Sep 2025 Past
Pramod Abcsdd Company Secretary 31 May 2022 Past
Pramod Abcsdd Director 07 Jan 2020 Past
Pramod Abcsdd Nominee Director 18 May 2020 Past

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Financial Performance of Indore Smart City Development.

Indore Smart City Development Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.78% decrease. The company also saw a substantial fall in profitability, with a 180.16% decrease in profit. The company's net worth dipped by a decrease of 0.4%.

Indore Smart City Development revenue growth over time
Indore Smart City Development profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -11.78%
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Revenue from Operations
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 -84.37%
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Total Assets
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 -2.15%
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Profit or Loss
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 -180.16%
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*******
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Net Worth
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 -0.40%
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*******
*******
*******
EBITDA
*******
 10.31%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Indore Smart City Development?

In 2023, Indore Smart City Development had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Indore Smart City Development?

Indore Smart City Development has a workforce of 28 employees as of Oct 15, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indore Smart City Development, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indore Smart City Development's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Indore Smart City Development
Recent Activity within the Organization
  • Director Appointment

    Arth Jain was appointed as a Ceo was appointed as a Ceo on 23 Dec 2025 & has been associated with this company since 4 months 21 days . was recorded as a recent event.

  • Director Appointment

    Kaamesh Shrivastava was appointed as a Nominee Director was appointed as a Nominee Director on 03 Dec 2025 & has been associated with this company since 5 months 10 days . was recorded as a recent event.

  • Director Appointment

    Sanjay Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 13 Nov 2025 & has been associated with this company since 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on Parikshit Sanjayrao Zade was appointed as a Nominee Director was appointed as a Nominee Director on 10 Nov 2025 & has been associated with this company since 6 months 3 days . was documented.

  • Director Appointment

    The activity Dileep Kumar Yadav was appointed as a Nominee Director was appointed as a Nominee Director on 29 Oct 2025 & has been associated with this company since 6 months 15 days . was completed.

  • Annual General Meeting

    The activity Indore Smart City Development Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Indore Smart City Development Limited?

The CIN of Indore Smart City Development Limited is U75100MP2016SGC035528.

Where is Indore Smart City Development Limited headquartered?

Indore Smart City Development Limited is headquartered at Smart City Office, Nehru Park Campus, Indore, Madhya Pradesh, 452003.

When was Indore Smart City Development Limited incorporated?

Indore Smart City Development Limited was incorporated on 11 March 2016.

Who are the current directors of Indore Smart City Development Limited?

The current directors of Indore Smart City Development Limited are

What is the primary industry of Indore Smart City Development Limited?

The primary industry of Indore Smart City Development Limited is Professional, Scientific And Technical.

Is Indore Smart City Development Limited a listed company?

Indore Smart City Development Limited is unlisted.

What is the capital structure of Indore Smart City Development Limited?

The authorized capital of Indore Smart City Development Limited is ₹200.00 Cr, and the paid-up capital is ₹200.00 Cr.

What is the compliance status of Indore Smart City Development Limited?

The compliance status of Indore Smart City Development Limited is Compliant.

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