Smart Bharat Private Limited
About Smart Bharat Private Limited
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Smart Bharat Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Smart Global Corporate Holding Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U67120UP1992PTC013974. Its GSTIN is 09AABCM0050A1Z9 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹84.86 Cr and a paid-up capital of ₹14.16 Cr. It was formerly known as Mcorpglobal Limited and Smart Entertainment Limited. It is led by directors Kamalapati Kashyap and Vidya Chhabra.
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 Smart Bharat Mall Ground Floor Plot No. I – 2 Sector – 25A Noida Gautam, Budh Nagar, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.99 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹23.87 Lakh (net margin 2.4%) and EBITDA of ₹4.1 Cr (EBITDA margin 41%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 12% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 28 subsidiaries.
As per MCA filings, the company has open charges of ₹49.5 Cr and satisfied charges of ₹16.75 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it. The company has 7 deals on record (6 secondary share transfers, 1 acquisition); the latest was in September 2016. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Smart Bharat has undergone 10 name changes throughout its history. The current legal name is Smart Bharat Private Limited.
| Company Name | Status |
|---|---|
| Smart Bharat Private Limited | Current |
| Mcorpglobal Limited | Previous |
| Smart Entertainment Limited | Previous |
| Digi Bharat Private Limited | Previous |
| Mcorpglobal Limited | Previous |
| Spice Enfotainment Limited | Previous |
| Spice Corp Limited | Previous |
| Smart Entertainment Private Limited | Previous |
| Spicecorp Entertainment Limited | Previous |
| Mcorpglobal Private Limited | Previous |
| Spice Corp Limited. | Previous |
CIN history
Smart Bharat has one previous CIN (Corporate Identification Number): U67120UP1992PLC013974. The current CIN is U67120UP1992PTC013974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120UP1992PTC013974 | Current |
| U67120UP1992PLC013974 | Previous |
Contact details
Smart Bharat Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSmart Bharat Mall Ground Floor Plot No. I – 2 Sector – 25A Noida Gautam, Budh Nagar, Uttar Pradesh, India – 201301
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Smart Bharat Private 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 Smart Bharat Private Limited
FY 2025 filings availableSmart Bharat Private Limited reported revenue of ₹9.99 Cr (down 63% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 63% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.87 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Smart Bharat Private Limited, buy the company report.
Board of directors of Smart Bharat Private Limited
Smart Bharat has 2 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamalapati Kashyap Also directs: Beyond 100 Delhi Private Limited, Smart Dreams Private Limited, Saket City Residences Private Limited and 5 more | Director | 28 Sep 2019 | 7 Years 0 Months | Current |
| Vidya Chhabra Also directs: Modipur Devices Private Limited, Auraa 100 Private Limited, Modipur Solar Lamps Private Limited and 5 more | Director | 06 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Smart Bharat Private Limited is audited by GUPTA GARG & AGRAWAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA GARG & AGRAWAL | FY 2022 | 505762C |
Shareholding
The shareholding of Smart Bharat Private 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 Smart Bharat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2025 | 101114505 | Hdfc Bank Limited | ₹20.5 Cr | Open | |
| 29 May 2019 | 100276012 | Hdfc Bank Limited | ₹27 Cr | Open | |
| 16 Feb 2005 | 90277851 | Housing Development Finance Corporaion Limited | ₹2 Cr | Open | |
| 07 Jul 2023 | 100747082 | Hdfc Bank Limited | ₹13 Cr | Satisfied | |
| 31 Aug 2005 | 80067937 | Abn Amro Bank | ₹1.75 Cr | Satisfied |
To see the full charge records of Smart Bharat Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Smart Bharat Private Limited has 7 deals on record (6 secondary share transfers, 1 acquisition); the latest was in September 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Modi Holdings Private Limited Seller: Spice Innovative Technologies Private Limited |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Spice Innovative Technologies Private Limited , Modi Holdings Private Limited , Protective Investment Private Limited Seller: Modi Holdings Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Spicebulls Investments Limited Seller: Spicebulls Investments Limited |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Modi Holdings Private Limited Seller: Spice Global Holding Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Spice Global Holding Private Limited, Modi Holdings Private Limited Seller: MCORP Limited, Modi Holdings Private Limited |
To see the full deal history of Smart Bharat Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smart Bharat Private Limited has 20 court cases on record: 5 filed by Smart Bharat, 15 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 0 |
| District courts | 7 | 7 | 0 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Hewlett-Packard Financial Services (India) Pvt.Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
| Supreme Court | Court case (0319-Direct Taxes Matter : Penalties/Prosecution/Settlement Commission) | Filed by the company against The Commissioner of Income Tax the Commissioner of Income Tax Moradabad ,Moradabad , Uttar Pradesh and 1 other | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against Art Development(India) Ltd UK& Ors | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by an individual | Disposed |
To see the full case history of Smart Bharat Private 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
Smart Bharat Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Smart Bharat Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Smart Bharat has 28 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 |
|---|---|---|
| Trans India House Impex Limited | L74110UP1987PLC008764 | |
| Global Mobile Infrastructure Private Limited | U00000HP2004PTC027723 | |
| Zinnia Tubes and Tyres Private Limited | U25111DL2006PTC150899 | |
| Smart Dreams Private Limited | U29253UP2016PTC077067 | |
| Modipur Solar Lamps Private Limited | U31908UP2016PTC076503 | |
| Paradise Markcon Private Limited | U45201DL1999PTC099028 |
To see the full group structure of Smart Bharat Private Limited, buy the company report.
Employees & EPFO
Smart Bharat Private Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Smart Bharat has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCM0050A1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
| 07AABCM0050A1ZD | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smart Bharat Private Limited, buy the company report.
Recent activity
Smart Bharat Private Limited has 34 board changes on record since 2007: 2 appointments and 32 cessations. The latest: Dinkar Sharma ceased to be Company Secretary on 30 Apr 2024.
35 earlier events are in the company report.
Frequently asked questions
Smart Bharat is an active private limited company based in Noida, Uttar Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 January 1992 (34+ years old) and is registered under CIN U67120UP1992PTC013974.
Smart Bharat has 2 current directors:
- Kamalapati Kashyap - Director
- Vidya Chhabra - Director
The latest financial statements of Smart Bharat 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 Smart Bharat is 09AABCM0050A1Z9, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCM0050A1ZD (Delhi).
The CIN (Corporate Identification Number) of Smart Bharat is U67120UP1992PTC013974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smart Bharat has 20 court cases on record: 5 filed by the company and 15 filed against it. Most are in the high courts.
Smart Bharat was incorporated on 24 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kanpur.
Smart Bharat has 7 deals on record (6 secondary share transfers, 1 acquisition); the latest was in September 2016.
Dinkar Sharma ceased to be Company Secretary on 30 Apr 2024. Dinesh Rai ceased to be Additional Director on 30 Sep 2022. Srinivasa Narasingarao Pandurangi ceased to be Additional Director on 30 Sep 2022. Smart Bharat has 34 board changes on record in total.
Smart Bharat has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Nov 2022.
The registered office of Smart Bharat is at Smart Bharat Mall Ground Floor Plot No. I – 2 Sector – 25A Noida Gautam, Budh Nagar, Uttar Pradesh, India – 201301.