About Indore Smart City Development Limited
Data last updated: 17 February 2026
Indore Smart City Development Limited is a public limited state government company based in Indore, Madhya Pradesh, India, a subsidiary of Madhya Pradesh Urban Development Co Limited. It specialises in general infrastructure services, a part of the broader infrastructure and utilities sector. Incorporated on 11 March 2016, the company has been in operation for over 10 years.
Registered with ROC Gwalior under CIN U75100MP2016SGC035528.
Capital: an authorised share capital of ₹200 Cr and a paid-up capital of ₹200 Cr. It is led by directors including Nayan Chimanlal Parikh and Trapti Jain.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Smart City Office Nehru Park Campus, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.16 Cr, a decline of 19% compared to the previous year.
The company has a workforce of approximately 28 employees as per the latest available data. It operates as a subsidiary of Madhya Pradesh Urban Development Co Limited. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Smart City Indore.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartcityindore.org.
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Registered AddressSmart City Office Nehru Park Campus, Indore, Madhya Pradesh, India – 452003
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IndustryInfrastructure and Utilities, General Infrastructure Services
- 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
Associated Brands with Indore Smart City Development Limited
Indore Smart City Development Limited operates one associated brand: Smart City Indore. These brands represent Indore Smart City Development Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Urban development, smart city initiatives, and innovation support in Indore. | smartcityindore.org |
Business Activity of Indore Smart City Development Limited
Indore Smart City Development Limited is engaged in principal business activities including public services by government agencies and professional, scientific and technical, with detailed activities including administration relating to executive, legislation and other public service by government agencies, other professional, scientific and technical activities. 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 |
|---|---|---|---|---|
| O | Public Services by Government agencies | O1 | Administration relating to Executive, Legislation and other public service by government agencies | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Indore Smart City Development Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Indore Smart City Development Limited
Indore Smart City Development Limited is audited by MEHTA & BHORASKAR for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA & BHORASKAR | Locked | Locked | Locked |
Complete auditor history for Indore Smart City Development Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors and KMP of Indore Smart City Development Limited
Indore Smart City Development Limited currently reports 11 directors and 1 key managerial person. 45 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nayan Chimanlal Parikh | Director | 22 Feb 2020 | 6 Years 5 Months | Current |
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Trapti Jain
Also directs:
Inductsense Private Limited, Satna Smart City Development Limited
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Director | 24 Dec 2021 | 4 Years 7 Months | Current |
| Kaamesh Shrivastava | Nominee Director | 03 Dec 2025 | 0 Years 8 Months | Current |
| Arth Jain | Ceo | 23 Dec 2025 | 0 Years 7 Months | Current |
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Dileep Kumar Yadav
Also directs:
Indore Idea Factory Foundation
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Nominee Director | 29 Oct 2025 | 0 Years 9 Months | Current |
| Sanjay Kumar | Nominee Director | 13 Nov 2025 | 0 Years 9 Months | Current |
Financials of Indore Smart City Development Limited FY 2025 filings available
Indore Smart City Development Limited reported revenue of ₹39.16 Cr (down 19.00% YoY) for FY 2025.
Ten-year financial statements for Indore Smart City Development Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Indore Smart City Development Limited
Shareholding and ownership data for Indore Smart City Development Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Indore Smart City Development Limited
Indore Smart City Development Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Indore Smart City Development Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Indore Idea Factory Foundation | U93000MP2022NPL059110 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings Indore Smart City Development Limited
Indore Smart City Development Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indore Smart City Development Limited
Indore Smart City Development Limited has a workforce of 28 employees as of Oct 15, 2024.
Employee and EPFO history for Indore Smart City Development Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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- PF contributions
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GST Compliance of Indore Smart City Development Limited
GST registrations and filing compliance for Indore Smart City Development Limited
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Credit Ratings, Litigation & Regulatory Alerts for Indore Smart City Development Limited
Credit ratings, litigation, and regulatory alerts for Indore Smart City Development Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Indore Smart City Development Limited
MSME payment history for Indore Smart City Development Limited
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Subsidiaries & Group Companies of Indore Smart City Development Limited
Corporate group structure for Indore Smart City Development Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Indore Smart City Development Limited
MCA filings and documents for Indore Smart City Development Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Indore Smart City Development Limited
Frequently Asked Questions about Indore Smart City Development Limited
Indore Smart City Development Limited is an active public limited state government company in the infrastructure and utilities sector based in Indore, Madhya Pradesh, India. It was incorporated on 11 March 2016 (10+ years old) and is registered under CIN U75100MP2016SGC035528. The company has 28 employees.
Indore Smart City Development Limited reported revenue of ₹39.16 Cr for FY 2025 (down 19.00% YoY).
The current directors and KMP of Indore Smart City Development Limited are:
- Nayan Chimanlal Parikh - Director
- Trapti Jain - Director
- Kaamesh Shrivastava - Nominee Director
- Arth Jain - Ceo
- Dileep Kumar Yadav - Nominee Director
- Sanjay Kumar - Nominee Director
- Parikshit Sanjayrao Zade - Nominee Director
- Mahesh Choudhary - Nominee Director
- Kailash Wankhede - Nominee Director
- Shivam Verma - Nominee Director
- Tanvi Garg - Nominee Director
- Shubhashish Banerjee - Nominee Director
The primary industry of Indore Smart City Development Limited is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.
Indore Smart City Development Limited can be reached at the registered office: Smart City Office Nehru Park Campus, Indore, Madhya Pradesh, India – 452003, or through the website smartcityindore.org.
The authorised capital is ₹200 Cr, and the paid-up capital is ₹200 Cr.