MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0073077
Shaarc Projects Limited - infrastructure and utilities in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.18 Cr
▲ 148% YoY
Net profit · FY 2025
₹2.93 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.27 Cr
EBITDA margin 20.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Open charges
₹39.53 Cr
Satisfied ₹7.43 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
30
Provident fund records
About Shaarc Projects Limited
Data last updated:
Shaarc Projects Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 09 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2011PLC065822. Its GSTIN is 24AAPCS9159L1ZI (Gujarat). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65 Lakh. It is led by directors including Mithileshkumar Sureshchand Tiwari and Chiranjivi Mishra.
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.18 Cr, a growth of 148% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Lakh (net margin 0.5%) and EBITDA of ₹1.27 Cr (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 39% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹39.53 Cr and satisfied charges of ₹7.43 Cr on record. Court records list 57 cases involving the company, including 12 filed by the company and 46 filed against it; 8 cases are pending.
Shaarc Projects Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0073077). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaarc.co.in.
Company details
CIN U45201GJ2011PLC065822
Registration Number 065822
Incorporation Date 09 June 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0073077
Key People
Mithileshkumar Sureshchand Tiwari Director Chiranjivi Mishra Director Rameshwar Rajbali Mishra Director Recognitions & Rankings of Shaarc Projects
Contact details
Shaarc Projects Limited's registered office is in Gandhinagar, Gujarat. Its website is shaarc.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address309 – C Teesri Manjil Megh Malhar Commercial Complex Sector – 1, 1, Gandhinagar, Gujarat, India – 382011
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Shaarc Projects Limited, buy the company report.
Comprehensive company report
Shaarc Projects Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Shaarc Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Shaarc Projects Limited, buy the company report.
Financials of Shaarc Projects Limited
FY 2025 filings availableShaarc Projects Limited reported revenue of ₹6.18 Cr (up 148% YoY) for FY 2025.
Revenue · FY 2025
₹6.18 Cr ▲ 148%
Net profit · FY 2025
₹2.93 Lakh margin 0.5%
EBITDA · FY 2025
₹1.27 Cr margin 20.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 148%
3 years · compounded
▼ 12%
5 years · compounded
▼ 39%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 10%
5 years · compounded
▼ 29%
Revenue rose 148% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA fell 29% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.93 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shaarc Projects Limited, buy the company report.
Board of directors of Shaarc Projects Limited
Shaarc Projects has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithileshkumar Sureshchand Tiwari Also directs: S R Industrial Infra (India) Private Limited | Director | 09 Jun 2011 | 15 Years 4 Months | Current |
| Chiranjivi Mishra Also directs: Superfly Racing LLP | Director | 23 May 2012 | 14 Years 5 Months | Current |
| Rameshwar Rajbali Mishra Also directs: S R Industrial Infra (India) Private Limited | Director | 09 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Shaarc Projects Limited is audited by AGARWAL GOYAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL GOYAL & CO | FY 2021 | 116930W |
Shareholding
The shareholding of Shaarc Projects 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shaarc Projects Limited, buy the company report.
Charges & borrowings
Open charges
₹39.53 Cr
Satisfied charges
₹7.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2019 | 100269144 | Others | ₹30.45 Lakh | Open | |
| 23 May 2019 | 100269145 | Others | ₹23.23 Lakh | Open | |
| 23 May 2019 | 100269146 | Others | ₹42.63 Lakh | Open | |
| 23 May 2019 | 100269148 | Others | ₹9.92 Lakh | Open | |
| 27 Apr 2019 | 100269611 | Others | ₹30.5 Lakh | Open |
To see the full charge records of Shaarc Projects Limited, buy the company report.
Total charge records: 85 View all charges
Legal cases
Shaarc Projects Limited has 57 court cases on record: 12 filed by Shaarc Projects, 46 filed against it. 8 cases are pending and 49 are disposed.
Total cases
57
Filed by the company
12
Filed against the company
46
Pending
8
Disposed
49
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 43 | 6 |
| NCLAT | 6 | 0 | 1 |
| High courts | 4 | 1 | 0 |
| NCLT | 3 | 2 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Inland World Logistics (P) Ltd. | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Adani Power Limited and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Icici Bank Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Essar Power MP Ltd and Anr and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Court case (Restoration App) | Filed by the company against Essar Power MP Ltd and 1 other | Disposed |
To see the full case history of Shaarc Projects 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
Shaarc Projects Limited was last rated by Icra on 15 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Jul 2021 |
To see the full credit ratings and regulatory alerts of Shaarc Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shaarc Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shaarc Projects Limited has a workforce of 30 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-79.17%
GST
Shaarc Projects has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
8
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCS9159L1ZI | Gujarat | Active | 01 Jul 2017 |
| 09AAPCS9159L1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 21AAPCS9159L1ZO | Odisha | Active | 01 Jul 2017 |
| 16AAPCS9159L1ZF | Tripura | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Shaarc Projects Limited, buy the company report.
Recent activity
Shaarc Projects Limited has 12 board changes on record since 2011: 3 appointments and 9 cessations. The latest: Arvind Kumar Singh ceased to be Director on 03 Aug 2021.
AGM
Shaarc Projects Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shaarc Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 0.37 Cr registered on 24 Aug 2018 with Charge ID 100203523 was modified on 13 Dec 2024.
Ceased
Arvind Kumar Singh ceased to be Director.
Ceased
Gaurav Prabhakar Sharma ceased to be Director.
Ceased
Priti Rameshwar Mishra ceased to be Director.
Ceased
Sneha Rameshwar Mishra ceased to be Director.
Ceased
Ajesh Venu Kumar ceased to be Director.
Charges
A charge registered on 27 Jun 2016 via Charge ID 100035769 with Others was fully satisfied on 20 Aug 2019.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100269144 was registered on 23 May 2019.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100269145 was registered on 23 May 2019.
Charges
A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100269146 was registered on 23 May 2019.
112 earlier events are in the company report.
Frequently asked questions
Shaarc Projects is an active public limited company based in Gandhinagar, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 09 June 2011 (15+ years old) and is registered under CIN U45201GJ2011PLC065822.
Shaarc Projects has 3 current directors:
- Mithileshkumar Sureshchand Tiwari - Director
- Chiranjivi Mishra - Director
- Rameshwar Rajbali Mishra - Director
The latest financial statements of Shaarc Projects 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 Shaarc Projects is 24AAPCS9159L1ZI, registered in Gujarat. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAPCS9159L1ZA (Uttar Pradesh), 21AAPCS9159L1ZO (Odisha), 16AAPCS9159L1ZF (Tripura).
The CIN (Corporate Identification Number) of Shaarc Projects is U45201GJ2011PLC065822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaarc Projects has 57 court cases on record: 12 filed by the company and 46 filed against it. 8 are pending. Most are in the district courts.
Shaarc Projects was incorporated on 09 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arvind Kumar Singh ceased to be Director on 03 Aug 2021. Gaurav Prabhakar Sharma ceased to be Director on 19 Dec 2020. Priti Rameshwar Mishra ceased to be Director on 19 Dec 2020. Shaarc Projects has 12 board changes on record in total.
Yes, Shaarc Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0073077).
Shaarc Projects can be reached through the website shaarc.co.in. Its registered office is in Gandhinagar, Gujarat, India.