The college was established on 10th of June ,1891 by the ruler of the earstwhile INDORE (HOLKAR) dynasty Maharaja SHIVAJI RAO HOLKAR in the memory of his father MAHARAJA TUKOJI RAO HOLKAR to meet the requirement of education in this central provinces. As no building was available , initially the classes were started in MAHARAJA SHIVAJI RAO school for some years. A new building was constructed in 1894 in Navlakha area beautifully situated and full of countless trees. In the beginning Subjects Taught were English Literature, Sanskrit, Persian, Logic, History, Political Economy, Maths & Science. Oxford University graduate and Bar-at-law . Mr. E.C. Cholmondeley became the first reqular Principal of this College B.Sc. Classes were stated his times