About Ankleshwar Manubar Expressway Private Limited
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Ankleshwar Manubar Expressway Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Ashoka Concessions Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 12 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45500DL2018PTC332404. Its GSTIN is 24AAQCA7795M1ZR (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹76.3 Cr and a paid-up capital of ₹76.29 Cr. It was formerly known as Ashoka Ankleshwar Manubar Expressway Private Limited. It is led by directors including Pramod Mulchand Sharma and Niraj Mohanty.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B1/H3 Mohan Co – Operative, Industrial Area Mathura Road Block B, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.51 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹47.81 Cr (net margin 40.3%) and EBITDA of ₹107.37 Cr (EBITDA margin 90.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 21% over five years.
The company is associated with 1 brand: Ashoka Ankleshwar. As per MCA filings, the company has open charges of ₹590 Cr and satisfied charges of ₹600 Cr on record. The company has 2 deals on record (1 rights issue, 1 acquisition); the latest was in June 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 Malur Bangarpet Highways Limited with revenue of ₹120.14 Cr.
For more details, the company can be reached via its website ashokamanubar.com.
Company details
Contact details
Ankleshwar Manubar Expressway Private Limited's registered office is in New Delhi, Delhi. Its website is ashokamanubar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB1/H3 Mohan Co – Operative, Industrial Area Mathura Road Block B, New Delhi, Delhi, India – 110044
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Ankleshwar Manubar Expressway 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
Brands
Ankleshwar Manubar Expressway operates one associated brand: Ashoka Ankleshwar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides civil engineering and construction services for infrastructure projects like roads, bridges, and canals. | ashokamanubar.com |
Business activity
The main business activity of Ankleshwar Manubar Expressway 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 Ankleshwar Manubar Expressway Private Limited, buy the company report.
Financials of Ankleshwar Manubar Expressway Private Limited
FY 2025 filings availableAnkleshwar Manubar Expressway Private Limited reported revenue of ₹118.51 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 7% fall in the latest year. EBITDA fell 2% 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 | ₹107.37 Cr | ||||
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| Net Profit (PAT) | ₹47.81 Cr | ||||
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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 | 90.6% | ||||
| Net Profit Margin | 40.3% | ||||
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To see the full financial statements and ratios of Ankleshwar Manubar Expressway Private Limited, buy the company report.
Board of directors of Ankleshwar Manubar Expressway Private Limited
Ankleshwar Manubar Expressway has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Mulchand Sharma Also directs: Epic Concesiones 4 Private Limited, Kharar Ludhiana Road Limited, Khairatunda Barwa Adda Road Limited and 5 more | Director | 29 Sep 2025 | 1 Years 1 Months | Current |
| Niraj Mohanty Also directs: Thanjavur Trichy Tollway Private Limited, Madurai Tuticorin Tollway Private Limited, Epic Concesiones 4 Private Limited and 5 more | Director | 29 Sep 2025 | 1 Years 1 Months | Current |
| Deepak Danaram Chaudhary Also directs: Kharar Ludhiana Road Limited, Khairatunda Barwa Adda Road Limited, Kandi Ramsanpalle Road Private Limited and 3 more | Director | 29 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Ankleshwar Manubar Expressway 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 |
|---|---|---|---|---|---|---|
| Malur Bangarpet Highways Limited | ₹120.14 Cr (FY 2025) | -73.0% | Bhopal, Madhya Pradesh, India | |||
| Montecarlo Singhara Binjhabahal Highway Private Limited | ₹120.07 Cr (FY 2025) | 6.0% | Ahmedabad, Gujarat, India | |||
| Bangalore Malur Highways Limited | ₹119.57 Cr (FY 2025) | -70.0% | Bhopal, Madhya Pradesh, India | |||
| Ambe Infraprojects Private Limited | ₹118.93 Cr (FY 2025) | -34.0% | Lucknow, Uttar Pradesh, India | |||
| Ankleshwar Manubar Expressway Private Limitedthis company | ₹118.51 Cr (FY 2025) | ₹47.81 Cr | 40.3% | -7.0% | New Delhi, Delhi, India | |
| Kotwa-Muzaffarpur Tollway Private Limited | ₹117.68 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Patna Bakhtiyarpur Tollway Limited | ₹116.74 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Nelamangala Devihalli Expressway Private Limited | ₹116.6 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Dodaballapur Hoskote Highways Limited | ₹116.47 Cr (FY 2025) | -56.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Ankleshwar Manubar Expressway Private Limited, buy the company report.
Auditor
Ankleshwar Manubar Expressway Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Ankleshwar Manubar Expressway 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Ankleshwar Manubar Expressway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2022 | 100651609 | Axis Bank Limited | ₹590 Cr | Open | |
| 04 Oct 2018 | 100206644 | Others | ₹600 Cr | Satisfied |
To see the full charge records of Ankleshwar Manubar Expressway Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ankleshwar Manubar Expressway Private Limited has 2 deals on record (1 rights issue, 1 acquisition); the latest was in June 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Rights issue | ₹16.28 Cr | Investors: Ashoka Concessions Limited |
| Oct 2018 | Acquisition | ₹60 Cr | Buyer: Ashoka Concessions Limited |
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 Ankleshwar Manubar Expressway Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Ankleshwar Manubar Expressway Private Limited was last rated by Icra on 09 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 May 2022 |
To see the full credit ratings and regulatory alerts of Ankleshwar Manubar Expressway Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ankleshwar Manubar Expressway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ankleshwar Manubar Expressway has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA7795M1ZR | Gujarat | Active | 13 Jul 2018 |
| 27AAQCA7795M1ZL | Maharashtra | Active | 20 Jul 2018 |
To see the full GST registrations and return filing status of Ankleshwar Manubar Expressway Private Limited, buy the company report.
Recent activity
Ankleshwar Manubar Expressway Private Limited has 17 board changes on record since 2018: 10 appointments and 7 cessations. The latest: Ajay Kankariya Amolakchand ceased to be Nominee Director on 29 Sep 2025.
12 earlier events are in the company report.
Frequently asked questions
Ankleshwar Manubar Expressway is an active private limited company based in New Delhi, Delhi, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 12 April 2018 (8+ years old) and is registered under CIN U45500DL2018PTC332404.
Ankleshwar Manubar Expressway has 3 current directors:
- Pramod Mulchand Sharma - Director
- Niraj Mohanty - Director
- Deepak Danaram Chaudhary - Director
The latest financial statements of Ankleshwar Manubar Expressway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ankleshwar Manubar Expressway is 24AAQCA7795M1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAQCA7795M1ZL (Maharashtra).
The CIN (Corporate Identification Number) of Ankleshwar Manubar Expressway is U45500DL2018PTC332404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ankleshwar Manubar Expressway was incorporated on 12 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Ankleshwar Manubar Expressway has 2 deals on record (1 rights issue, 1 acquisition); the latest was in June 2020.
The peers of Ankleshwar Manubar Expressway by revenue are Malur Bangarpet Highways Limited, Montecarlo Singhara Binjhabahal Highway Private Limited, Bangalore Malur Highways Limited, Ambe Infraprojects Private Limited, Kotwa-Muzaffarpur Tollway Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Ajay Kankariya Amolakchand ceased to be Nominee Director on 29 Sep 2025. Deepak Danaram Chaudhary was appointed as Director on 29 Sep 2025. Niraj Mohanty was appointed as Director on 29 Sep 2025. Ankleshwar Manubar Expressway has 17 board changes on record in total.
Ankleshwar Manubar Expressway can be reached through the website ashokamanubar.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Ankleshwar Manubar Expressway is at B1H3 Mohan Co – Operative, Industrial Area Mathura Road Block B, New Delhi, Delhi, India – 110044.
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