About Sagar Smart City Limited
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Sagar Smart City Limited is a public limited state government company based in Sagar, Madhya Pradesh, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 20 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U75100MP2017SGC044372. Its GSTIN is 23AAZCS4176M1ZH (Madhya Pradesh).
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹200 Cr. It is led by directors including Bindu Krishnankutty Nair and Nabaroon Bhattacharjee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sagar Smart City Office 2nd Floor Iccc Building New Collectorate Premises, Madhya Pradesh, India – 470002.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.4 Lakh (net margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years and 841% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
Court records list 18 cases involving the company, including 1 filed by the company and 17 filed against it; 7 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 sagarsmartcity.org.
Company details
Contact details
Sagar Smart City Limited's registered office is in Sagar, Madhya Pradesh. Its website is sagarsmartcity.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSagar Smart City Office 2nd Floor Iccc Building New Collectorate Premises, Madhya Pradesh, India – 470002
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Sagar Smart City 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
Business activity
The main business activity of Sagar Smart City is public services by government agencies. In detail, this covers administration relating to executive, legislation and other public service by government agencies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| O | Public Services by Government agencies | O1 | Administration relating to Executive, Legislation and other public service by government agencies |
To see the full business activity and turnover split of Sagar Smart City Limited, buy the company report.
Financials of Sagar Smart City Limited
FY 2024 filings availableSagar Smart City Limited reported revenue of ₹97.11 Cr (up 516% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 841% over five years, including 516% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹97.11 Cr | ||||
| Cost of Materials Consumed | |||||
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| Net Profit (PAT) | -₹3.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sagar Smart City Limited, buy the company report.
Board of directors of Sagar Smart City Limited
Sagar Smart City has 9 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindu Krishnankutty Nair | Director | 15 Nov 2018 | 7 Years 11 Months | Current |
| Nabaroon Bhattacharjee | Director | 15 Nov 2018 | 7 Years 11 Months | Current |
| Rajiva Kumar Pandey | Nominee Director | 18 Jun 2020 | 6 Years 4 Months | Current |
| Deepak Arya | Nominee Director | 06 Sep 2021 | 5 Years 1 Months | Current |
| Ramroop Jaroliya Also directs: Ujjain Smart City Limited | Nominee Director | 06 Feb 2025 | 1 Years 8 Months | Current |
| Devendra Kumar | Nominee Director | 10 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Sagar Smart City Limited is audited by NAVIN K. JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVIN K. JAIN & CO. | FY 2023 | 008897C |
Shareholding
The shareholding of Sagar Smart City Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sagar Smart City Limited, buy the company report.
Legal cases
Sagar Smart City Limited has 18 court cases on record: 1 filed by Sagar Smart City, 17 filed against it. 7 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 15 | 7 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Court case (AC) | Filed against the company by Ms Kalchuri Contractors Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Kalchuri Contractors Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Incubation Masters (Im) Pvt. Ltd. (Member Consortium M/S Kalchuri Contractor Ltd. Incubation Masters and 1 other | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by Yashi Consulting Services Private Limited | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company | Pending |
To see the full case history of Sagar Smart City 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
Sagar Smart City Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Xeam Ventures Private Limited | |||
| Chaster IT Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sagar Smart City Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sagar Smart City Limited has a workforce of 27 employees on its EPFO records as of Oct 16, 2024, across 1 active EPFO establishment.
GST
Sagar Smart City has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAZCS4176M1ZH | Madhya Pradesh | Active | 04 Jan 2019 |
To see the full GST registrations and return filing status of Sagar Smart City Limited, buy the company report.
Recent activity
Sagar Smart City Limited has 37 board changes on record since 2017: 23 appointments and 14 cessations. The latest: Ramroop Jaroliya was appointed as Nominee Director on 06 Feb 2025.
28 earlier events are in the company report.
Frequently asked questions
Sagar Smart City is an active public limited state government company based in Sagar, Madhya Pradesh, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 20 October 2017 (9+ years old) and is registered under CIN U75100MP2017SGC044372.
Sagar Smart City has 9 current directors:
- Bindu Krishnankutty Nair - Director
- Nabaroon Bhattacharjee - Director
- Rajiva Kumar Pandey - Nominee Director
- Deepak Arya - Nominee Director
- Ramroop Jaroliya - Nominee Director
- Devendra Kumar - Nominee Director
- Surya Narayan Jha - Nominee Director
- Rajkumar Khatri - Director
- Vinod Kumar Tiwari - Nominee Director
The latest financial statements of Sagar Smart City on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sagar Smart City is 23AAZCS4176M1ZH, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Sagar Smart City is U75100MP2017SGC044372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sagar Smart City has 18 court cases on record: 1 filed by the company and 17 filed against it. 7 are pending. Most are in the high courts.
Sagar Smart City was incorporated on 20 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
Ramroop Jaroliya was appointed as Nominee Director on 06 Feb 2025. Vijay Kumar Gupta ceased to be Nominee Director on 06 Feb 2025. Chandra Shekhar Shukla ceased to be Director on 14 Mar 2024. Sagar Smart City has 37 board changes on record in total.
Sagar Smart City has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Sagar Smart City can be reached through the website sagarsmartcity.org. Its registered office is in Sagar, Madhya Pradesh, India.
The registered office of Sagar Smart City is at Sagar Smart City Office 2nd Floor Iccc Building New Collectorate Premises, Madhya Pradesh, India – 470002.