About BBT Elevated Road Private Limited
Data last updated:
BBT Elevated Road Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Riverbank Developers Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 19 February 2014.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2014PTC200347. Its GSTIN is 19AAFCB8333D1ZR (West Bengal).
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sachin Gopal Jathar (Irp/Rp/Liquidator) and Venkat Praveen Kolli.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1 New Bata Road Maheshtala, Kolkata, West Bengal, India – 700140.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹17.74 Cr and EBITDA of ₹1.25 Cr (EBITDA margin 85.5%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 56% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹125.88 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 6 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹114.35 Cr; the latest was in July 2017. Its 3 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 1 larger and 2 smaller; the largest is New India Buildcon Private Limited with revenue of ₹1.51 Cr.
The last known website on record is hilandcal.com.
Company details
Contact details
BBT Elevated Road Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address1 New Bata Road Maheshtala, Kolkata, West Bengal, India – 700140
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of BBT Elevated Road 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 BBT Elevated Road Private Limited
FY 2022 filings availableBBT Elevated Road Private Limited reported revenue of ₹1.46 Cr (up 69652% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years. EBITDA rose 676% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.46 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.74 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.5% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of BBT Elevated Road Private Limited, buy the company report.
Board of directors of BBT Elevated Road Private Limited
BBT Elevated Road has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Gopal Jathar | Irp/Rp/Liquidator | 18 Mar 2024 | 2 Years 7 Months | As last reported |
| Venkat Praveen Kolli Also directs: L&T Construction Equipment Limited | Director | 19 Feb 2014 | 12 Years 8 Months | As last reported |
| Sumit Dabriwala Also directs: Belmont Towers LLP, Satyatower Affordables Projects Private Limited, River Apartment Owners Association and 5 more | Director | 19 Feb 2014 | 12 Years 8 Months | As last reported |
| Nandu Kishinchand Belani Also directs: Belmont Towers LLP, Hiland Projects Limited, Calcutta Metropolitan Group Limited and 5 more | Director | 28 Mar 2014 | 12 Years 6 Months | As last reported |
Peer comparison
BBT Elevated Road Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| New India Buildcon Private Limited | ₹1.51 Cr (FY 2025) | 12127.0% | Mehsana, Gujarat, India | |||
| BBT Elevated Road Private Limitedthis company | ₹1.46 Cr (FY 2022) | -₹17.74 Cr | 69652.0% | 1 | Kolkata, West Bengal, India | |
| Bohra Obr Realdev Private Limited | ₹1.46 Cr (FY 2024) | -57.0% | Kolkata, West Bengal, India | |||
| BVSR KP Road Projects Private Limited | ₹1.44 Cr (FY 2024) | 898.0% | Hyderabad, Telangana, India |
To see the full peer comparison of BBT Elevated Road Private Limited, buy the company report.
Auditor
BBT Elevated Road Private Limited is audited by SINGHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO | FY 2022 | 302049E |
Shareholding
The shareholding of BBT Elevated Road Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BBT Elevated Road Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2015 | 10587114 | Syndicate Bank | ₹125.88 Cr | Open |
To see the full charge records of BBT Elevated Road Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
BBT Elevated Road Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹114.35 Cr; the latest was in July 2017.
Deals on record (2 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Riverbank Developers Private Limited Seller: Riverbank Holdings Private Limited |
| Mar 2014 | Funding round | ₹90 Lakh | Investors: Riverbank Holdings Private Limited , Larsen and Toubro Limited |
To see the full deal history of BBT Elevated Road 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
BBT Elevated Road Private Limited has 12 court cases on record: 7 filed by BBT Elevated Road, 5 filed against it. 6 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 0 | 3 |
| High courts | 4 | 3 | 0 |
| District courts | 3 | 2 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against HDFC Bank and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against HDFC Bank Limited and 2 others | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Larsen and Toubro Ltd | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Larsen and Toubro Ltd. and 2 others | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against The Canara Bank Limited and Anr and 1 other | Disposed |
To see the full case history of BBT Elevated Road 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.
Credit ratings & regulatory alerts
BBT Elevated Road Private Limited was last rated by Care on 16 Jan 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 16 Jan 2026 |
To see the full credit ratings and regulatory alerts of BBT Elevated Road Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for BBT Elevated Road Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BBT Elevated Road Private Limited has a workforce of 1 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
BBT Elevated Road has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCB8333D1ZR | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of BBT Elevated Road Private Limited, buy the company report.
Recent activity
BBT Elevated Road Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Sachin Gopal Jathar was appointed as Irp/Rp/Liquidator on 18 Mar 2024.
Frequently asked questions
BBT Elevated Road is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
BBT Elevated Road is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 19 February 2014 and is registered under CIN U45400WB2014PTC200347. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
BBT Elevated Road has 4 current directors:
- Venkat Praveen Kolli - Director
- Sumit Dabriwala - Director
- Nandu Kishinchand Belani - Director
- Sachin Gopal Jathar - Irp/Rp/Liquidator
The latest financial statements of BBT Elevated Road on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of BBT Elevated Road is U45400WB2014PTC200347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BBT Elevated Road has open charges of ₹125.88 Cr and no satisfied charges on record as per latest MCA filings.
BBT Elevated Road has 12 court cases on record: 7 filed by the company and 5 filed against it. 6 are pending. Most are in the nclat.
BBT Elevated Road was incorporated on 19 February 2014. It is registered with the Registrar of Companies, Kolkata.
BBT Elevated Road has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹114.35 Cr; the latest was in July 2017.
The peers of BBT Elevated Road by revenue are New India Buildcon Private Limited, Bohra Obr Realdev Private Limited, BVSR KP Road Projects Private Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Sachin Gopal Jathar was appointed as Irp/Rp/Liquidator on 18 Mar 2024. Nidhi Bhartia ceased to be Company Secretary on 17 Nov 2023. Nandu Kishinchand Belani ceased to be Additional Director on 30 Sep 2015. BBT Elevated Road has 6 board changes on record in total.