About Indore Smart City Development Limited
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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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSmart City Office Nehru Park Campus, Indore, Madhya Pradesh, India – 452003
- 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
Indore Smart City Development operates one associated brand: Smart City Indore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Urban development, smart city initiatives, and innovation support in Indore. | smartcityindore.org |
Business Activity of Indore Smart City Development
The main business activities of Indore Smart City Development are public services by government agencies and professional, scientific and technical. In detail, this covers administration relating to executive, legislation and other public service by government agencies and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| 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 share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Indore Smart City Development
Indore Smart City Development Limited is audited by MEHTA & BHORASKAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA & BHORASKAR | Locked | Locked | Locked |
Complete auditor history for Indore Smart City Development Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 7 Months | Current |
| Trapti Jain Also directs: Inductsense Private Limited, Satna Smart City Development Limited | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
| Kaamesh Shrivastava | Nominee Director | 03 Dec 2025 | 0 Years 9 Months | Current |
| Arth Jain | Ceo | 23 Dec 2025 | 0 Years 9 Months | Current |
| Dileep Kumar Yadav Also directs: Indore Idea Factory Foundation | Nominee Director | 29 Oct 2025 | 0 Years 11 Months | Current |
| Sanjay Kumar | Nominee Director | 13 Nov 2025 | 0 Years 10 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
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Indore Smart City Development
Shareholding and ownership data for Indore Smart City Development Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Indore Smart City Development Limited
Indore Smart City Development has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Indore Idea Factory Foundation | U93000MP2022NPL059110 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Indore Smart City Development
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
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 and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Indore Smart City Development
GST registrations and filing compliance for Indore Smart City Development Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Indore Smart City Development
Credit ratings, litigation, and regulatory alerts for Indore Smart City Development Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indore Smart City Development
MSME payment history for Indore Smart City Development Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indore Smart City Development
Corporate group structure for Indore Smart City Development Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indore Smart City Development
MCA filings and documents for Indore Smart City Development Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Indore Smart City Development
Frequently Asked Questions about Indore Smart City Development Limited
Indore Smart City Development 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 reported revenue of ₹39.16 Cr for FY 2025 (down 19.00% YoY).
The current directors and KMP of Indore Smart City Development 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 is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.
Indore Smart City Development 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.