About Samast Vikas Limited
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Samast Vikas Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PLC149722. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹708.65 Cr and a paid-up capital of ₹335.91 Cr. It was formerly known as Spring Infradev Limited and Spring Infradev Private Limited. It is led by directors including Shikha Agarwal (Whole-Time Director) and Sachin Agarwal.
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 Dpt – 103 Prime Towers Okhla Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.38 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹29.62 Cr (net margin 66.7%) and EBITDA of ₹42.42 Cr (EBITDA margin 95.6%). Revenue has grown at a compounded annual rate (CAGR) of 138% over three years and 8% over five years.
Its group structure includes 26 subsidiaries.
As per MCA filings, the company has open charges of ₹520 Cr and satisfied charges of ₹2,120 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 2 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 springindia.in.
Company details
Name history
Samast Vikas has undergone 2 name changes throughout its history. The company was previously known as Spring Infradev Limited, and Spring Infradev Private Limited. The current legal name is Samast Vikas Limited.
| Company Name | Status |
|---|---|
| Samast Vikas Limited | Current |
| Spring Infradev Limited | Previous |
| Spring Infradev Private Limited | Previous |
CIN history
Samast Vikas has one previous CIN (Corporate Identification Number): U70109DL2006PTC149722. The current CIN is U70109DL2006PLC149722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109DL2006PLC149722 | Current |
| U70109DL2006PTC149722 | Previous |
Contact details
Samast Vikas Limited's registered office is in New Delhi, Delhi. Its website is springindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDpt – 103 Prime Towers Okhla Phase – I, New Delhi, Delhi, India – 110020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Samast Vikas 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
Financials of Samast Vikas Limited
FY 2025 filings availableSamast Vikas Limited reported revenue of ₹44.38 Cr (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 59% 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 | ₹42.42 Cr | ||||
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| Net Profit (PAT) | ₹29.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.6% | ||||
| Net Profit Margin | 66.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Samast Vikas Limited, buy the company report.
Board of directors of Samast Vikas Limited
Samast Vikas has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Agarwal Also directs: Sampann Utpadan India Limited, Superteck Printing Private Limited, Helios Aviation Private Limited and 5 more | Director | 14 Jun 2006 | 20 Years 4 Months | Current |
| Shikha Agarwal Also directs: Superteck Printing Private Limited, Helios Aviation Private Limited, Saket Buildcon Private Limited and 5 more | Whole-Time Director | 08 Jan 2015 | 11 Years 9 Months | Current |
| Pramod Agrawal Also directs: Shubham Electrochem Limited . | Director | 30 Nov 2020 | 5 Years 10 Months | Current |
| Ashok Jolly Also directs: Sampann Utpadan India Limited | Director | 28 Jul 2020 | 6 Years 2 Months | Current |
Auditor
Samast Vikas Limited is audited by R A K & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A K & COMPANY | FY 2022 | 022130C |
Shareholding
The shareholding of Samast Vikas 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Samast Vikas Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2019 | 100291855 | Sbicap Trustee Company Limited | ₹520 Cr | Open | |
| 17 Mar 2023 | 100687264 | Others | ₹50 Cr | Satisfied | |
| 30 Dec 2022 | 100660177 | Indian Bank | ₹50 Cr | Satisfied | |
| 23 Sep 2022 | 100610604 | Uco Bank | ₹50 Cr | Satisfied | |
| 11 Aug 2022 | 100603866 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Samast Vikas Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Samast Vikas Limited has 13 court cases on record: 11 filed by Samast Vikas, 2 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 2 | 0 |
| District courts | 3 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed by the company against individuals | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against State and 1 other | Pending |
| High Court of Delhi | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax -Central -1 | Disposed |
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala, and 4 others | Disposed |
To see the full case history of Samast Vikas 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.
Credit ratings & regulatory alerts
Samast Vikas Limited was last rated by Care on 01 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Dec 2021 |
To see the full credit ratings and regulatory alerts of Samast Vikas Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Samast Vikas Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Samast Vikas has 26 subsidiary companies and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Cogent Steelcast Private Limited | U28110DL2012PTC242266 | |
| Millenium Steelcast Private Limited | U28939DL2012PTC241716 | |
| Enercore Diesels Private Limited | U29200DL2012PTC241289 | |
| Vayu Builders and Developers Private Limited | U45200DL2006PTC156581 | |
| Saket Buildcon Private Limited | U45200DL2006PTC156718 | |
| Shri Jagannath Buildcon Private Limited | U45200DL2007PTC157282 |
To see the full group structure of Samast Vikas Limited, buy the company report.
GST
Samast Vikas has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Samast Vikas Limited, buy the company report.
Recent activity
Samast Vikas Limited has 16 board changes on record since 2006: 4 appointments and 12 cessations. The latest: Pramod Agrawal ceased to be Additional Director on 30 Sep 2021.
46 earlier events are in the company report.
Frequently asked questions
Samast Vikas is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 June 2006 (20+ years old) and is registered under CIN U70109DL2006PLC149722.
Samast Vikas has 4 current directors:
- Shikha Agarwal - Whole-Time Director
- Sachin Agarwal - Director
- Pramod Agrawal - Director
- Ashok Jolly - Director
The latest financial statements of Samast Vikas 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.
No. Samast Vikas has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Samast Vikas is U70109DL2006PLC149722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samast Vikas has 13 court cases on record: 11 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Samast Vikas was incorporated on 14 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Pramod Agrawal ceased to be Additional Director on 30 Sep 2021. Pramod Agrawal was appointed as Director on 30 Nov 2020. Shambari Prasad Singh ceased to be Director on 04 Oct 2020. Samast Vikas has 16 board changes on record in total.
Samast Vikas can be reached through the website springindia.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Samast Vikas is at Dpt – 103 Prime Towers Okhla Phase – I, New Delhi, Delhi, India – 110020.