About Sabarmati River Front Development Corporation Limited
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Sabarmati River Front Development Corporation Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the port infrastructure and development segment of the infrastructure and utilities sector. It was incorporated on 28 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ1997PLC032419. Its GSTIN is 24AACCS1188C1ZP (Gujarat).
The company has an authorised share capital of ₹465 Cr and a paid-up capital of ₹240 Cr. It is led by directors including Pratibha Rakeshkumar Jain and Devang Jitendrabhai Dani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.55 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹45.7 Lakh (net margin 10.1%) and EBITDA of ₹1.5 Cr (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sabarmati Riverfront Development. Court records list 57 cases involving the company, including 3 filed by the company and 54 filed against it; 3 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 sabarmatiriverfront.com.
Company details
Contact details
Sabarmati River Front Development Corporation Limited's registered office is in Ahmedabad, Gujarat. Its website is sabarmatiriverfront.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address2nd Floor Riverfront House B/H H.K.Arts College B/W Gandhi & Nehru Bridge Riverfront Ro, Ad (West), Ahmedabad, Gujarat, India – 380009
- IndustryInfrastructure and Utilities, Port Infrastructure & Development
To see the full contact details of Sabarmati River Front Development Corporation Limited, buy the company report.
- 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
Sabarmati River Front Development Corporation operates one associated brand: Sabarmati Riverfront Development. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Urban riverfront development is managed in Ahmedabad, India. | sabarmatiriverfront.com |
Business activity
The main business activity of Sabarmati River Front Development Corporation is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Sabarmati River Front Development Corporation Limited, buy the company report.
Financials of Sabarmati River Front Development Corporation Limited
FY 2025 filings availableSabarmati River Front Development Corporation Limited reported revenue of ₹4.55 Cr (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 93% growth in the latest year. EBITDA rose 305% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.5 Cr | ||||
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| Net Profit (PAT) | ₹45.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 32.9% | ||||
| Net Profit Margin | 10.1% | ||||
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To see the full financial statements and ratios of Sabarmati River Front Development Corporation Limited, buy the company report.
Board of directors of Sabarmati River Front Development Corporation Limited
Sabarmati River Front Development Corporation has 9 current directors and 57 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Banchhanidhi Pani | Additional Director | 10 Feb 2025 | 1 Years 8 Months | Current |
| Pratibha Rakeshkumar Jain | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Devang Jitendrabhai Dani | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Minal Kshitij Patel Also directs: Strategic Solutions Private Limited | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Arjav Jagdishbhai Shah | Director | 24 Aug 2015 | 11 Years 2 Months | Current |
| Indrajeet Prasad Gautam | Additional Director | 28 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Sabarmati River Front Development Corporation Limited is audited by S G D G & ASSOCIATES LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G D G & ASSOCIATES LLP | FY 2021 | W100188 |
Shareholding
The shareholding of Sabarmati River Front Development Corporation Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sabarmati River Front Development Corporation Limited, buy the company report.
Legal cases
Sabarmati River Front Development Corporation Limited has 57 court cases on record: 3 filed by Sabarmati River Front Development Corporation, 54 filed against it. 3 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 51 | 49 | 2 |
| District courts | 6 | 5 | 1 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. N. J Devani Builders Pvt. Ltd. | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Laxmi Security Gujarat Ltd | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Messrs N J Devani Builders Pvt. Ltd. and 3 others | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed against the company | Pending |
To see the full case history of Sabarmati River Front Development Corporation 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 Sabarmati River Front Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sabarmati River Front Development Corporation Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Sabarmati River Front Development Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS1188C1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sabarmati River Front Development Corporation Limited, buy the company report.
Recent activity
Sabarmati River Front Development Corporation Limited has 67 board changes on record since 2003: 11 appointments and 56 cessations. The latest: Amrutesh Kalidas Aurangabadkar ceased to be Additional Director on 10 Aug 2025.
58 earlier events are in the company report.
Frequently asked questions
Sabarmati River Front Development Corporation is an active public limited company based in Ahmedabad, Gujarat, India. The company works in port infrastructure and development, within the infrastructure and utilities industry. It was incorporated on 28 May 1997 (29+ years old) and is registered under CIN U73100GJ1997PLC032419.
Sabarmati River Front Development Corporation has 9 current directors:
- Banchhanidhi Pani - Additional Director
- Pratibha Rakeshkumar Jain - Director
- Devang Jitendrabhai Dani - Director
- Minal Kshitij Patel - Director
- Arjav Jagdishbhai Shah - Director
- Indrajeet Prasad Gautam - Additional Director
- Shehzadkhan Nasirkhan Pathan - Director
- Amrutesh Kalidas Aurangabadkar - Director
- Sujeet Kumar - Director
The latest financial statements of Sabarmati River Front Development Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sabarmati River Front Development Corporation is 24AACCS1188C1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Sabarmati River Front Development Corporation is U73100GJ1997PLC032419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sabarmati River Front Development Corporation has 57 court cases on record: 3 filed by the company and 54 filed against it. 3 are pending. Most are in the high courts.
Sabarmati River Front Development Corporation was incorporated on 28 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amrutesh Kalidas Aurangabadkar ceased to be Additional Director on 10 Aug 2025. Sujeet Kumar ceased to be Additional Director on 10 Aug 2025. Shivangi Bipinchandra Gajjar ceased to be Company Secretary on 28 Feb 2025. Sabarmati River Front Development Corporation has 67 board changes on record in total.
Sabarmati River Front Development Corporation can be reached through the website sabarmatiriverfront.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sabarmati River Front Development Corporation is at 2nd Floor Riverfront House BH H.K.Arts College BW Gandhi & Nehru Bridge Riverfront Ro, Ad West, Ahmedabad, Gujarat, India – 380009.
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