About Make Indiasmart Private Limited
Data last updated:
Make Indiasmart Private Limited is a private limited company based in Delhi, India. It operates in the csw professional segment of the business services sector. It was incorporated on 23 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U05102DL2013PTC247515. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Hari Om and Mohd Irshad.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ground Floor Room No. 1 D – 54 New Jafrabad West Gorakh Park Extension Shahdara, Delhi, India – 110032.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.4 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹7.15 Lakh (net margin 1.6%) and EBITDA of ₹24.21 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹64.05 Lakh on record. Court records list 9 cases involving the company, including 1 filed by the company and 6 filed against it; 1 case is 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 makeindiasmart.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor Room No. 1 D – 54 New Jafrabad West Gorakh Park Extension Shahdara, Delhi, India – 110032
- IndustryBusiness Services, Csw Professional, Scientific And Technical Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Make Indiasmart Private Limited
The main business activity of Make Indiasmart is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
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.
Financials of Make Indiasmart Private Limited FY 2019 filings available
Make Indiasmart Private Limited reported revenue of ₹4.4 Cr (down 49% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Make Indiasmart Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 49% fall in the latest year. EBITDA fell 75% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Make Indiasmart Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.15 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Make Indiasmart Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Make Indiasmart are in the company report.
Financial statements from 2015
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.
Peer Comparison of Make Indiasmart Private Limited
Make Indiasmart Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Gateways). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paydeck Technologies Private Limited | ₹4.71 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | North 24 Parganas, West Bengal, India |
| Ease One Pay Solutions Private Limited | ₹4.69 Cr (FY 2025) | •••• | •••• | 97.0% | •••• | Mumbai, Maharashtra, India |
| Bigpay India Private Limited | ₹4.65 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Unnao, Uttar Pradesh, India |
| Pelocal Fintech Private Limited | ₹4.54 Cr (FY 2024) | •••• | •••• | 493.0% | •••• | Chennai, Tamil Nadu, India |
| Opensky Tradebiz Solutions Private Limited | ₹4.49 Cr (FY 2024) | •••• | •••• | 835.0% | •••• | Delhi, India |
| Make Indiasmart Private Limited this company | ₹4.4 Cr (FY 2019) | •••• | •••• | -49.0% | •••• | Delhi, India |
| Hotpay Solutions Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Go Pay Digital World Private Limited | ₹4.28 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Gurgaon, Haryana, India |
| MV E-Commerce Services Private Limited | ₹4.28 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Surat, Gujarat, India |
| Paygoal Business Solutions Private Limited | ₹4.28 Cr (FY 2025) | •••• | •••• | 297.0% | •••• | Delhi, India |
| Eris Global LLP | ₹4.26 Cr (FY 2023) | •••• | •••• | 52.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Make Indiasmart by revenue in the BFSI industry (Payment Gateways), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Make Indiasmart Private Limited
Make Indiasmart Private Limited is audited by AADITYA GARG & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AADITYA GARG & CO | Locked | Locked | Locked |
Complete auditor history
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 of Make Indiasmart Private Limited
Make Indiasmart has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Irshad Also directs: Ganga Contracts and Projects Limited, P-Net Healthcare Tpa Private Limited, STH Infratech Private Limited and 1 more | Additional Director | 22 Mar 2018 | 8 Years 6 Months | Current |
| Hari Om | Director | 10 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Make Indiasmart Private Limited
Shareholding and ownership data
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.
Charges & Borrowings of Make Indiasmart Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2016 | Others | ₹28 Lakh | Open |
| 28 Mar 2014 | Others | ₹36.05 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Make Indiasmart Private Limited
Make Indiasmart Private Limited has 9 court cases on record: 1 filed by Make Indiasmart, 6 filed against it, 2 where it is another party. 1 case is pending and 8 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 4 | 4 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by RST Semiconductors Private Limited | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Health Assist Insurance Tpa Private Limited | Disposed |
| District court, Central, Delhi | Execution petition | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Toyota Financial Services India Limited | Disposed |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by Volkswagen Fiduciary Services Private Limited | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Make Indiasmart Private Limited
Make Indiasmart Private Limited has a workforce of 33 employees as of Mar 28, 2024.
Employee and EPFO history
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.
CIN History of Make Indiasmart Private Limited
Make Indiasmart has one previous CIN (Corporate Identification Number): U74999DL2013PTC247515. The current CIN is U05102DL2013PTC247515, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05102DL2013PTC247515 | Current |
| U74999DL2013PTC247515 | Previous |
Recent Activity on Make Indiasmart Private Limited
Make Indiasmart Private Limited has 12 board changes on record since 2013: 2 appointments and 10 cessations. The latest: Jile Yadav ceased to be Director on 25 Jan 2019.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Make Indiasmart Private Limited
Credit ratings, litigation, and regulatory alerts
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 Make Indiasmart Private Limited
MSME payment history
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 Make Indiasmart Private Limited
Corporate group structure
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.
GST Compliance of Make Indiasmart Private Limited
Make Indiasmart has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
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.
MCA Filings & Documents of Make Indiasmart Private Limited
MCA filings and documents
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.
Frequently Asked Questions about Make Indiasmart Private Limited
Make Indiasmart is an active private limited company based in Delhi, India. The company works in csw professional, within the business services industry. It was incorporated on 23 January 2013 (13+ years old) and is registered under CIN U05102DL2013PTC247515.
Make Indiasmart reported revenue of ₹4.4 Cr for FY 2019 (down 49% YoY).
Make Indiasmart has 2 current directors:
- Mohd Irshad - Additional Director
- Hari Om - Director
Make Indiasmart reported a net profit of ₹7.15 Lakh (net margin 1.6%) and EBITDA of ₹24.21 Lakh (EBITDA margin 5.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Make Indiasmart is -6% over three years. In the latest year (FY 2019) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
No. Make Indiasmart has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Make Indiasmart is U05102DL2013PTC247515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Make Indiasmart has 9 court cases on record: 1 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Make Indiasmart was incorporated on 23 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Make Indiasmart by revenue are Paydeck Technologies Private Limited, Ease One Pay Solutions Private Limited, Bigpay India Private Limited, Pelocal Fintech Private Limited, Opensky Tradebiz Solutions Private Limited and 5 more, all in the BFSI industry (Payment Gateways).
Jile Yadav ceased to be Director on 25 Jan 2019. Mohd Irshad was appointed as Additional Director on 22 Mar 2018. Hari Om ceased to be Additional Director on 30 Sep 2017. Make Indiasmart has 12 board changes on record in total.