Bhubaneshwar Expressways Private Limited
About Bhubaneshwar Expressways Private Limited
Data last updated:
Bhubaneshwar Expressways Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Kss Petron 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 02 July 2010.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2010PTC205121. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹105 Cr and a paid-up capital of ₹103.37 Cr. It is led by directors including Monika Agarwal (Irp/Rp/Liquidator) and Gangadhar Rao Seelam.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 427 2nd Floor, Ramphal Chowk Palam Extn. Sector – 7 Dwarka, New Delhi, Delhi, India – 110075.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹376.95 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹101.8 Cr; the latest was in December 2018. 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, 3 larger and 5 smaller; the largest is Fasil Construction Private Limited with revenue of ₹1,004.
Company details
Contact details
Bhubaneshwar Expressways Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 427 2nd Floor, Ramphal Chowk Palam Extn. Sector – 7 Dwarka, New Delhi, Delhi, India – 110075
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Bhubaneshwar Expressways 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 Bhubaneshwar Expressways Private Limited
FY 2024 filings availableBhubaneshwar Expressways Private Limited reported revenue of ₹780 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 93% over three years. 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
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Financial Ratios
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To see the full financial statements and ratios of Bhubaneshwar Expressways Private Limited, buy the company report.
Board of directors of Bhubaneshwar Expressways Private Limited
Bhubaneshwar Expressways has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Agarwal | Irp/Rp/Liquidator | 21 Jan 2025 | 1 Years 9 Months | As last reported |
| Gangadhar Rao Seelam | Director | 07 Oct 2019 | 7 Years 0 Months | As last reported |
| Sanjiv Kumar Malhotra | Director | 07 Sep 2016 | 10 Years 1 Months | As last reported |
Peer comparison
Bhubaneshwar Expressways 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 |
|---|---|---|---|---|---|---|
| Fasil Construction Private Limited | ₹1,004 (FY 2025) | Goa, India | ||||
| MBL (MP) Road Nirman Company Limited | ₹1,000 (FY 2025) | -67.0% | New Delhi, Delhi, India | |||
| Riddhidha Marbles & Infrastructure Private Limited | ₹918 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Bhubaneshwar Expressways Private Limitedthis company | ₹780 (FY 2023) | 2 | New Delhi, Delhi, India | |||
| CDM Construction Private Limited | ₹778 (FY 2021) | -100.0% | Bhubaneswar, Odisha, India | |||
| Gorakhpur Expressway Limited | ₹487 (FY 2022) | Mumbai, Maharashtra, India | ||||
| A N Enterprises Infrastructure Services Private Limited | ₹483 (FY 2024) | -88.0% | Mumbai, Maharashtra, India | |||
| D. R. Agrawal Infraventures Private Limited | ₹386 (FY 2025) | -97.0% | Indore, Madhya Pradesh, India | |||
| NG Infra-Buildtech Private Limited | ₹341 (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Bhubaneshwar Expressways Private Limited, buy the company report.
Auditor
Bhubaneshwar Expressways Private Limited is audited by GOEL D & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOEL D & COMPANY | FY 2022 | 029913N |
Shareholding
The shareholding of Bhubaneshwar Expressways 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 |
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To see the full shareholding pattern of Bhubaneshwar Expressways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2011 | 10271382 | Others | ₹376.95 Cr | Open |
To see the full charge records of Bhubaneshwar Expressways Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Bhubaneshwar Expressways Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹101.8 Cr; the latest was in December 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: KSS Petron Private Limited Seller: Valecha Engineering Limited |
| Oct 2011 | Funding round | ₹101.8 Cr | Investors: KazStroyService Investment Pte Limited, Valecha Engineering Limited , KSS Petron Private Limited |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: KSS Petron Private Limited , Valecha Engineering Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhubaneshwar Expressways Private Limited has 4 court cases on record: 1 filed by Bhubaneshwar Expressways, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Feedback Brisa Highways Omt Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Sayam Shares & Securities (P) Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against National Highways Authority of India | Disposed |
To see the full case history of Bhubaneshwar Expressways 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
No delayed payments to MSME suppliers are on our record for Bhubaneshwar Expressways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhubaneshwar Expressways Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Bhubaneshwar Expressways has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bhubaneshwar Expressways Private Limited, buy the company report.
Recent activity
Bhubaneshwar Expressways Private Limited has 17 board changes on record since 2010: 3 appointments and 14 cessations. The latest: Monika Agarwal was appointed as Irp/Rp/Liquidator on 21 Jan 2025.
10 earlier events are in the company report.
Frequently asked questions
Bhubaneshwar Expressways 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.
Bhubaneshwar Expressways is a company under insolvency, formerly operating as a 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 02 July 2010 and is registered under CIN U45200DL2010PTC205121. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bhubaneshwar Expressways has 3 current directors:
- Gangadhar Rao Seelam - Director
- Sanjiv Kumar Malhotra - Director
- Monika Agarwal - Irp/Rp/Liquidator
The latest financial statements of Bhubaneshwar Expressways on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bhubaneshwar Expressways is U45200DL2010PTC205121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhubaneshwar Expressways has open charges of ₹376.95 Cr and no satisfied charges on record as per latest MCA filings.
Bhubaneshwar Expressways has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
Bhubaneshwar Expressways was incorporated on 02 July 2010. It is registered with the Registrar of Companies, Delhi.
Bhubaneshwar Expressways has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹101.8 Cr; the latest was in December 2018.
The peers of Bhubaneshwar Expressways by revenue are Fasil Construction Private Limited, MBL (MP) Road Nirman Company Limited, Riddhidha Marbles & Infrastructure Private Limited, CDM Construction Private Limited, Gorakhpur Expressway Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Monika Agarwal was appointed as Irp/Rp/Liquidator on 21 Jan 2025. Karayil Balakrishnan Menon ceased to be Additional Director on 21 Jun 2024. Naina Goyal ceased to be Company Secretary on 01 Nov 2022. Bhubaneshwar Expressways has 17 board changes on record in total.