
About Aiipl Mu Five Project Private Limited
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Aiipl Mu Five Project Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Anish Infracon India Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 20 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45403GJ2018PTC102932. Its GSTIN is 27AARCA0446L1ZC (Maharashtra).
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹2.29 Cr. It is led by directors including Reezwan Vijapura Iliyas and Samrathdan Vaghajibhai Zula.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.98 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹39.96 Lakh (net margin 3.3%) and EBITDA of ₹5.74 Cr (EBITDA margin 47.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹57.3 Cr and satisfied charges of ₹41.77 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2020. Its 8 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 4 smaller; the largest is Patliputra Infra Construction Private Limited with revenue of ₹12.1 Cr.
For more details, the company can be reached via its website aiiplmufive.co.in.
Company details
Contact details
Aiipl Mu Five Project Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aiiplmufive.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 126/1 401 Dwarkesh Business Hub Opp. Visamo Society B/H.Atishay Bellevi, Ew Motera, Ahmedabad, Gujarat, India – 380005
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Aiipl Mu Five Project 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 Aiipl Mu Five Project Private Limited
FY 2025 filings availableAiipl Mu Five Project Private Limited reported revenue of ₹11.98 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 7% 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 | ₹5.74 Cr | ||||
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| Net Profit (PAT) | ₹39.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 47.9% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Aiipl Mu Five Project Private Limited, buy the company report.
Board of directors of Aiipl Mu Five Project Private Limited
Aiipl Mu Five Project has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reezwan Vijapura Iliyas Also directs: Sandalpur Project Private Limited, Anish Infracon India Private Limited, Karmala Road Project Private Limited and 4 more | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Samrathdan Vaghajibhai Zula Also directs: GHV Infra Projects Limited, Sandalpur Project Private Limited, Anish Infracon India Private Limited and 3 more | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Alpeshbhai Girishbhai Patel Also directs: Shahpur Road Project Private Limited, Shenwa Infrastructure Private Limited, Milan Road Buildtech LLP and 5 more | Director | 28 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Aiipl Mu Five Project Private Limited is compared with the 8 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patliputra Infra Construction Private Limited | ₹12.1 Cr (FY 2023) | 42.0% | Patna, Bihar, India | |||
| VVC MKS Project Private Limited | ₹12.06 Cr (FY 2025) | 61.0% | Radhogarh, Madhya Pradesh, India | |||
| Avr Thejas Infra Private Limited | ₹12.05 Cr (FY 2024) | 24.0% | Hyderabad, Telangana, India | |||
| JDM Engineering and Construction Private Limited | ₹12 Cr (FY 2025) | -32.0% | Patna, Bihar, India | |||
| Aiipl Mu Five Project Private Limitedthis company | ₹11.98 Cr (FY 2025) | ₹39.96 Lakh | 3.3% | 23.0% | Ahmedabad, Gujarat, India | |
| Keti Infrastructure Private Limited | ₹11.96 Cr (FY 2025) | 3.0% | Indore, Madhya Pradesh, India | |||
| SRMV Engineers Private Limited | ₹11.96 Cr (FY 2023) | 402.0% | Delhi, India | |||
| Atr Infrastructure Private Limited | ₹11.92 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India | |||
| Yugant Infrastructure Private Limited | ₹11.91 Cr (FY 2025) | 280.0% | Guwahati, Assam, India |
To see the full peer comparison of Aiipl Mu Five Project Private Limited, buy the company report.
Auditor
Aiipl Mu Five Project Private Limited is audited by MANUBHAI & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANUBHAI & SHAH LLP | FY 2023 | 106041W |
Shareholding
The shareholding of Aiipl Mu Five Project 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Aiipl Mu Five Project Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2022 | 100562976 | Sbicap Trustee Company Limited | ₹57.3 Cr | Open | |
| 09 Mar 2020 | 100330976 | Others | ₹41.77 Cr | Satisfied |
To see the full charge records of Aiipl Mu Five Project Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Aiipl Mu Five Project Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹13.91 Cr | Investors: Anish Infracon India Private Limited , Milan Road Buildtech LLP |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Milan Road Buildtech LLP Seller: Anish Infracon India Private Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aiipl Mu Five Project Private 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 Aiipl Mu Five Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aiipl Mu Five Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCA0446L1ZC | Maharashtra | Active | 28 Dec 2018 |
To see the full GST registrations and return filing status of Aiipl Mu Five Project Private Limited, buy the company report.
Recent activity
Aiipl Mu Five Project Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Alpeshbhai Girishbhai Patel ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Aiipl Mu Five Project is an active private limited company based in Ahmedabad, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 20 June 2018 (8+ years old) and is registered under CIN U45403GJ2018PTC102932.
Aiipl Mu Five Project has 3 current directors:
- Reezwan Vijapura Iliyas - Director
- Samrathdan Vaghajibhai Zula - Director
- Alpeshbhai Girishbhai Patel - Director
The latest financial statements of Aiipl Mu Five Project 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 FY 2019 are in the company report.
The GSTIN of Aiipl Mu Five Project is 27AARCA0446L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aiipl Mu Five Project is U45403GJ2018PTC102932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aiipl Mu Five Project was incorporated on 20 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aiipl Mu Five Project has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2020.
The peers of Aiipl Mu Five Project by revenue are Patliputra Infra Construction Private Limited, VVC MKS Project Private Limited, Avr Thejas Infra Private Limited, JDM Engineering and Construction Private Limited, Keti Infrastructure Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Alpeshbhai Girishbhai Patel ceased to be Additional Director on 30 Sep 2019. Alpeshbhai Girishbhai Patel was appointed as Director on 28 Jun 2018. Reezwan Vijapura Iliyas was appointed as Director on 20 Jun 2018. Aiipl Mu Five Project has 4 board changes on record in total.
Aiipl Mu Five Project can be reached through the website aiiplmufive.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Aiipl Mu Five Project is at Survey No. 1261 401 Dwarkesh Business Hub Opp. Visamo Society BH.Atishay Bellevi, Ew Motera, Ahmedabad, Gujarat, India – 380005.

