About Bangalore Elevated Tollway Private Limited
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Bangalore Elevated Tollway Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 26 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC296646. Its GSTIN is 29AACCB7712K1ZH (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹23.5 Cr and a paid-up capital of ₹12.94 Cr. It was formerly known as Bangalore Elevated Tollway Limited and Bangalore Elevated Tollway Ltd. It is led by directors including Muthu and Amit Suresh Rane.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹262.75 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹36.48 Cr (net margin 13.9%) and EBITDA of ₹175.37 Cr (EBITDA margin 66.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 9% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bangalore Elevated Tollway. As per MCA filings, the company has satisfied charges of ₹1,806.49 Cr on record. Court records list 23 cases involving the company, including 9 filed by the company and 14 filed against it; 2 cases are pending. The company has 17 deals on record (7 secondary share transfers, 6 funding rounds, 2 acquisitions), with disclosed funding of ₹735.05 Cr; the latest was in August 2023. 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, 5 larger and 3 smaller; the largest is Naagaamii Infratech Private Limited with revenue of ₹265.63 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 14 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website blrelevated.co.in.
Company details
Name history
Bangalore Elevated Tollway has undergone 2 name changes throughout its history. The company was previously known as Bangalore Elevated Tollway Limited, and Bangalore Elevated Tollway Ltd. The current legal name is Bangalore Elevated Tollway Private Limited.
| Company Name | Status |
|---|---|
| Bangalore Elevated Tollway Private Limited | Current |
| Bangalore Elevated Tollway Limited | Previous |
| Bangalore Elevated Tollway Ltd | Previous |
CIN history
Bangalore Elevated Tollway has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45200MH2005PTC296646, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2005PTC296646 | Current |
| U45200TG2005PTC048573 | Previous |
| U45200AP2005PLC048573 | Previous |
| U45200AP2005PTC048573 | Previous |
Contact details
Bangalore Elevated Tollway Private Limited's registered office is in Mumbai, Maharashtra. Its website is blrelevated.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 601 – 602 6th Floor Windsor House, Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Bangalore Elevated Tollway 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
Bangalore Elevated Tollway operates one associated brand: Bangalore Elevated Tollway. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction and management of toll highways are provided. | blrelevated.co.in |
Business activity
The main business activity of Bangalore Elevated Tollway 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 Bangalore Elevated Tollway Private Limited, buy the company report.
Financials of Bangalore Elevated Tollway Private Limited
FY 2025 filings availableBangalore Elevated Tollway Private Limited reported revenue of ₹262.75 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 8% 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 | ₹175.37 Cr | ||||
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| Net Profit (PAT) | ₹36.48 Cr | ||||
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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 | 66.7% | ||||
| Net Profit Margin | 13.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bangalore Elevated Tollway Private Limited, buy the company report.
Board of directors of Bangalore Elevated Tollway Private Limited
Bangalore Elevated Tollway has 3 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthu | Nominee Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Amit Suresh Rane Also directs: Udupi Tollway Private Limited, Unnao Highways Private Limited, Nirmal Bot Private Limited and 3 more | Nominee Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Shreenivas Gowda | Nominee Director | 30 Apr 2025 | 1 Years 5 Months | Current |
Peer comparison
Bangalore Elevated Tollway 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 |
|---|---|---|---|---|---|---|
| Naagaamii Infratech Private Limited | ₹265.63 Cr (FY 2024) | 50.0% | Dimapur, Nagaland, India | |||
| Shankar Ramchandra Infra Private Limited | ₹264.53 Cr (FY 2024) | 65.0% | Pune, Maharashtra, India | |||
| DBL Nidagatta Mysore Highways Private Limited | ₹264.18 Cr (FY 2025) | -44.0% | Mumbai, Maharashtra, India | |||
| HKR Roadways Limited | ₹264.03 Cr (FY 2025) | 7.0% | Hyderabad, Telangana, India | |||
| Ceigall Jalbehra Shahbad Greenfield Highway Private Limited | ₹263.42 Cr (FY 2025) | -1.0% | Ludhiana, Punjab, India | |||
| Bangalore Elevated Tollway Private Limitedthis company | ₹262.75 Cr (FY 2025) | ₹36.48 Cr | 13.9% | -57.0% | 23 | Mumbai, Maharashtra, India |
| Bangarupalem Gudipala Highways Limited | ₹262.33 Cr (FY 2025) | -28.0% | Bhopal, Madhya Pradesh, India | |||
| Jaipur-Mahua Tollway Private Limited | ₹261.56 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| DBL Bangalore Nidagatta Highways Private Limited | ₹259.86 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bangalore Elevated Tollway Private Limited, buy the company report.
Auditor
Bangalore Elevated Tollway Private Limited is audited by MKPS & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MKPS & Associates | FY 2022 | 302014E |
Shareholding
The shareholding of Bangalore Elevated Tollway Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bangalore Elevated Tollway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Apr 2017 | 100107097 | Idbi Trusteeship Services Limited | ₹199.15 Cr | Satisfied | |
| 24 Nov 2016 | 100065446 | Idbi Trusteeship Services Limited | ₹437.34 Cr | Satisfied | |
| 29 Mar 2012 | 10349257 | Punjab National Bank | ₹570 Cr | Satisfied | |
| 18 Oct 2006 | 10026716 | Canara Bank | ₹600 Cr | Satisfied |
To see the full charge records of Bangalore Elevated Tollway Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Bangalore Elevated Tollway Private Limited has 17 deals on record (7 secondary share transfers, 6 funding rounds, 2 acquisitions), with disclosed funding of ₹735.05 Cr; the latest was in August 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: KKR India Private Equity Seller: Il&Fs Engineering and Construction Company Limited |
| Aug 2023 | Secondary share transfer | Undisclosed | Seller: Il&Fs Engineering and Construction Company Limited |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Il&Fs Engineering and Construction Company Limited Seller: India Infrastructure Fund - Ii & Arun Kumar Saha |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners Seller: Soma Enterprise Limited, NCC Infrastructure Holdings Limited |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners Seller: Soma Enterprise Limited, NCC Infrastructure Holdings Limited |
To see the full deal history of Bangalore Elevated Tollway 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
Bangalore Elevated Tollway Private Limited has 23 court cases on record: 9 filed by Bangalore Elevated Tollway, 14 filed against it. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 2 |
| District courts | 11 | 8 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Markoline Infra Private Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by PWD, Government of Karnataka | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by M/S Steel Rocks Inc and 1 other | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (CRL.R.P.) | Filed against the company by M/S Steel Rocks (Regd) | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by National Highways Authority of India | Disposed |
To see the full case history of Bangalore Elevated Tollway 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
Bangalore Elevated Tollway Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 14 overdue payments to 6 micro and small suppliers. 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Euro Cars India Private Limited | |||
| Markolines Infra Limited | |||
| Egis Road Operation India Private Limited | |||
| Inclusive Indiahr Consultants (OPC) Private Limited |
To see the full MSME payment records of Bangalore Elevated Tollway Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bangalore Elevated Tollway Private Limited has a workforce of 23 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Bangalore Elevated Tollway has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB7712K1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bangalore Elevated Tollway Private Limited, buy the company report.
Recent activity
Bangalore Elevated Tollway Private Limited has 34 board changes on record since 2008: 4 appointments and 30 cessations. The latest: Amit Suresh Rane was appointed as Nominee Director on 30 Apr 2025.
36 earlier events are in the company report.
Frequently asked questions
Bangalore Elevated Tollway is an active private limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 26 December 2005 (21+ years old) and is registered under CIN U45200MH2005PTC296646.
Bangalore Elevated Tollway has 3 current directors:
- Muthu - Nominee Director
- Amit Suresh Rane - Nominee Director
- Shreenivas Gowda - Nominee Director
The latest financial statements of Bangalore Elevated Tollway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bangalore Elevated Tollway is 29AACCB7712K1ZH, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bangalore Elevated Tollway is U45200MH2005PTC296646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bangalore Elevated Tollway has 23 court cases on record: 9 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Bangalore Elevated Tollway was incorporated on 26 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Bangalore Elevated Tollway has 17 deals on record (7 secondary share transfers, 6 funding rounds, 2 acquisitions), with disclosed funding of ₹735.05 Cr; the latest was in August 2023.
The peers of Bangalore Elevated Tollway by revenue are Naagaamii Infratech Private Limited, Shankar Ramchandra Infra Private Limited, DBL Nidagatta Mysore Highways Private Limited, HKR Roadways Limited, Ceigall Jalbehra Shahbad Greenfield Highway Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Amit Suresh Rane was appointed as Nominee Director on 30 Apr 2025. Muthu was appointed as Nominee Director on 30 Apr 2025. Shreenivas Gowda was appointed as Nominee Director on 30 Apr 2025. Bangalore Elevated Tollway has 34 board changes on record in total.
Bangalore Elevated Tollway has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 14 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Apr 2023.
Bangalore Elevated Tollway can be reached through the website blrelevated.co.in. Its registered office is in Mumbai, Maharashtra, India.