
About DBL Jaora-Sailana Tollways Private Limited
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DBL Jaora-Sailana Tollways Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shrem Roadways Private Limited. It operates in the railways segment of the construction sector. It was incorporated on 29 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2012PTC381473. Its GSTIN is 23AAECD4621R1ZH (Madhya Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.57 Cr. It is led by directors Praveen Kumar Ostwal and Piyush Sheetalchand Jain.
Its last annual general meeting (AGM) was held on 29 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 2022, the company reported a revenue of ₹16.12 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Cr (net margin 18.4%) and EBITDA of ₹8.48 Cr (EBITDA margin 52.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹65.54 Cr and satisfied charges of ₹8,599.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shrem.in.
Company details
CIN history
DBL Jaora-Sailana Tollways has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45200MH2012PTC381473, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2012PTC381473 | Current |
| U45200MP2012PLC029593 | Previous |
| U45200MH2012PLC381473 | Previous |
Contact details
DBL Jaora-Sailana Tollways Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1001 10th Floor Viraj Towers Jn. Of Andheri Kurla Road, W. E. Highway Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryConstruction, Railways, Roads, Utility Projects
To see the full contact details of DBL Jaora-Sailana Tollways 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 DBL Jaora-Sailana Tollways Private Limited
FY 2025 filings availableDBL Jaora-Sailana Tollways Private Limited reported revenue of ₹16.12 Cr (down 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 8% fall in the latest year. EBITDA fell 25% 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 | ₹16.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.97 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 52.6% | ||||
| Net Profit Margin | 18.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of DBL Jaora-Sailana Tollways Private Limited, buy the company report.
Board of directors of DBL Jaora-Sailana Tollways Private Limited
DBL Jaora-Sailana Tollways has 2 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Ostwal Also directs: Avyukta Investments and Advisors LLP, PSV Managements and Services LLP, Kekarav Homes LLP and 5 more | Director | 30 Dec 2021 | 4 Years 10 Months | Current |
| Piyush Sheetalchand Jain | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
Auditor
DBL Jaora-Sailana Tollways Private Limited is audited by MUKUND M CHITALE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND M CHITALE & CO | FY 2021 | 106655W |
Shareholding
The shareholding of DBL Jaora-Sailana Tollways Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of DBL Jaora-Sailana Tollways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2021 | 100479468 | Others | ₹65.54 Cr | Open | |
| 04 Aug 2023 | 100766944 | Sbicap Trustee Company Limited | ₹860 Cr | Satisfied | |
| 12 Oct 2022 | 100624986 | Sbicap Trustee Company Limited | ₹4,086 Cr | Satisfied | |
| 23 Jul 2021 | 100469193 | Sbicap Trustee Company Limited | ₹3,431 Cr | Satisfied | |
| 06 Feb 2015 | 10558528 | Pnb Investment Services Limited | ₹121 Cr | Satisfied |
To see the full charge records of DBL Jaora-Sailana Tollways Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving DBL Jaora-Sailana Tollways 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
DBL Jaora-Sailana Tollways Private Limited was last rated by Care on 30 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Dec 2020 |
To see the full credit ratings and regulatory alerts of DBL Jaora-Sailana Tollways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DBL Jaora-Sailana Tollways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
DBL Jaora-Sailana Tollways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECD4621R1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of DBL Jaora-Sailana Tollways Private Limited, buy the company report.
Recent activity
DBL Jaora-Sailana Tollways Private Limited has 20 board changes on record since 2015: 2 appointments and 18 cessations. The latest: Deen Dayal Swami ceased to be CEO on 23 Feb 2024.
22 earlier events are in the company report.
Frequently asked questions
DBL Jaora-Sailana Tollways is an active private limited company based in Mumbai, Maharashtra, India. The company works in railways, within the construction industry. It was incorporated on 29 November 2012 (14+ years old) and is registered under CIN U45200MH2012PTC381473.
DBL Jaora-Sailana Tollways has 2 current directors:
- Praveen Kumar Ostwal - Director
- Piyush Sheetalchand Jain - Director
The latest financial statements of DBL Jaora-Sailana Tollways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of DBL Jaora-Sailana Tollways is 23AAECD4621R1ZH, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of DBL Jaora-Sailana Tollways is U45200MH2012PTC381473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DBL Jaora-Sailana Tollways was incorporated on 29 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Deen Dayal Swami ceased to be CEO on 23 Feb 2024. Praveen Kumar Ostwal ceased to be Additional Director on 30 Sep 2022. Praveen Kumar Ostwal was appointed as Director on 30 Dec 2021. DBL Jaora-Sailana Tollways has 20 board changes on record in total.
DBL Jaora-Sailana Tollways can be reached through the website shrem.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of DBL Jaora-Sailana Tollways is at 1001 10th Floor Viraj Towers Jn. Of Andheri Kurla Road, W. E. Highway Andheri East, Mumbai, Maharashtra, India – 400093.
DBL Jaora-Sailana Tollways operates in the construction industry, in the railways segment.

