Urban Ring Development Corporation Limited
About Urban Ring Development Corporation Limited
Data last updated:
Urban Ring Development Corporation Limited is a public limited company based in Surat, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 02 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45205GJ2015PLC083744. Its GSTIN is 24AABCU8349J1Z0 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Shalini Shivkumar Agarwal (Managing Director) and Sourabh Zamsingh Pardhi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fourth Floor Suda Bhavan Opp. Aagam Arcade Vesu – Abhwa Road Vesu, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹40.31 Lakh (net margin 17.7%) and EBITDA of ₹58.34 Lakh (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Urban Ring Development Corporation Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFourth Floor Suda Bhavan Opp. Aagam Arcade Vesu – Abhwa Road Vesu, Surat, Gujarat, India – 395006
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Urban Ring 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
Financials of Urban Ring Development Corporation Limited
FY 2025 filings availableUrban Ring Development Corporation Limited reported revenue of ₹2.28 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 11% growth in the latest year. EBITDA fell 40% 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 | ₹58.34 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹40.31 Lakh | ||||
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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 | 25.6% | ||||
| Net Profit Margin | 17.7% | ||||
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To see the full financial statements and ratios of Urban Ring Development Corporation Limited, buy the company report.
Board of directors of Urban Ring Development Corporation Limited
Urban Ring Development Corporation has 8 current directors and 44 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sourabh Zamsingh Pardhi | Director | 02 Feb 2024 | 2 Years 9 Months | Current |
| Shivani Goyal | Director | 23 Jul 2024 | 2 Years 3 Months | Current |
| Amit Prashant | Director | 01 May 2024 | 2 Years 6 Months | Current |
| Shalini Shivkumar Agarwal | Managing Director | 08 Oct 2022 | 4 Years 1 Months | Current |
| Rakesh Kumar | Director | 04 May 2024 | 2 Years 6 Months | Current |
| Ashwinikumar Rajendraprasad Yadav | Director | 27 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Urban Ring Development Corporation Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| D V Builders and Developers Private Limited | ₹2.28 Cr (FY 2024) | 1974.0% | Mira Road, Maharashtra, India | |||
| Muzaffarpur Smart City Limited | ₹2.28 Cr (FY 2019) | -19.0% | Muzaffarpur, Bihar, India | |||
| Madras Materials and Construction Private Limited | ₹2.28 Cr (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Banyanwoods Conserve & Engineers Private Limited | ₹2.28 Cr (FY 2024) | 7.0% | Vadodara, Gujarat, India | |||
| Raj Dev Buildcon Private Limited | ₹2.28 Cr (FY 2024) | -36.0% | Hazaribagh, Jharkhand, India | |||
| Urban Ring Development Corporation Limitedthis company | ₹2.28 Cr (FY 2025) | ₹40.31 Lakh | 17.7% | 11.0% | Surat, Gujarat, India | |
| Sledgehammer Works Private Limited | ₹2.27 Cr (FY 2025) | -9.0% | Chandigarh, India | |||
| B.S.K. Civitech Private Limited | ₹2.27 Cr (FY 2025) | -48.0% | Gwalior, Madhya Pradesh, India | |||
| GR Tarakote Sanjichhat Ropeway Private Limited | ₹2.27 Cr (FY 2025) | Udaipur, Rajasthan, India | ||||
| Joneja Infraprojects Private Limited | ₹2.27 Cr (FY 2025) | -75.0% | Faridabad, Haryana, India | |||
| Anandia Engi-Tech Private Limited | ₹2.27 Cr (FY 2025) | 207.0% | Ankleshwar, Gujarat, India |
To see the full peer comparison of Urban Ring Development Corporation Limited, buy the company report.
Auditor
Urban Ring Development Corporation Limited is audited by P K AGRAWAL AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K AGRAWAL AND ASSOCIATES | FY 2024 | 136331W |
Shareholding
The shareholding of Urban Ring Development Corporation Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Urban Ring Development Corporation Limited, buy the company report.
Legal cases
No court or tribunal cases involving Urban Ring Development Corporation Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Urban Ring Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Urban Ring Development Corporation has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCU8349J1Z0 | Gujarat | Active | 06 Mar 2018 |
| 24AABCU8349J1D9 | Gujarat | Active | 23 Aug 2019 |
To see the full GST registrations and return filing status of Urban Ring Development Corporation Limited, buy the company report.
Recent activity
Urban Ring Development Corporation Limited has 50 board changes on record since 2016: 9 appointments and 41 cessations. The latest: Raj Suthar was appointed as Director on 31 Jul 2025.
41 earlier events are in the company report.
Frequently asked questions
Urban Ring Development Corporation is an active public limited company based in Surat, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 02 July 2015 (11+ years old) and is registered under CIN U45205GJ2015PLC083744.
Urban Ring Development Corporation has 8 current directors:
- Shalini Shivkumar Agarwal - Managing Director
- Sourabh Zamsingh Pardhi - Director
- Shivani Goyal - Director
- Amit Prashant - Director
- Rakesh Kumar - Director
- Ashwinikumar Rajendraprasad Yadav - Director
- Remya Mohan - Additional Director
- Raj Suthar - Director
The latest financial statements of Urban Ring Development Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Urban Ring Development Corporation is 24AABCU8349J1Z0, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCU8349J1D9 (Gujarat).
The CIN (Corporate Identification Number) of Urban Ring Development Corporation is U45205GJ2015PLC083744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Urban Ring Development Corporation was incorporated on 02 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Urban Ring Development Corporation by revenue are D V Builders and Developers Private Limited, Muzaffarpur Smart City Limited, Madras Materials and Construction Private Limited, Banyanwoods Conserve & Engineers Private Limited, Raj Dev Buildcon Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Raj Suthar was appointed as Director on 31 Jul 2025. Anand Babulal Patel ceased to be Additional Director on 04 Mar 2025. Remya Mohan was appointed as Additional Director on 04 Feb 2025. Urban Ring Development Corporation has 50 board changes on record in total.
The registered office of Urban Ring Development Corporation is at Fourth Floor Suda Bhavan Opp. Aagam Arcade Vesu – Abhwa Road Vesu, Surat, Gujarat, India – 395006.
Urban Ring Development Corporation operates in the infrastructure and utilities industry, in the general construction services segment.
The compliance status of Urban Ring Development Corporation is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
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