About Elsamex Maintenance Services Limited
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Elsamex Maintenance Services Limited is a public limited foreign company incorporated in india based in Mumbai, Maharashtra, India, a subsidiary of Il&Fs Transportation Networks Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 12 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2013FLC285659. Its GSTIN is 27AADCE5042Q1ZA (Maharashtra). The company holds 22 GST registrations, of which 19 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sunil Kumar Singh and Rajnish Saxena (Manager).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at The Il&Fs Financial Centre Plot C – 22 G Block Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹235.91 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹3.6 Cr (net margin -1.5%) and EBITDA of -₹4.55 Cr (EBITDA margin -1.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹20.51 Cr and satisfied charges of ₹1.1 Cr on record. Court records list 19 cases involving the company, including 3 filed by the company and 16 filed against it; 2 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2017. The company has 22 MSME Form 1 returns on record between 2018 and 2024, listing 947 overdue payments to 71 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 elsamexindia.com.
Company details
CIN history
Elsamex Maintenance Services has one previous CIN (Corporate Identification Number): U45201DL2013FLC257680. The current CIN is U45201MH2013FLC285659, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH2013FLC285659 | Current |
| U45201DL2013FLC257680 | Previous |
Contact details
Elsamex Maintenance Services Limited's registered office is in Mumbai, Maharashtra. Its website is elsamexindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressThe Il&Fs Financial Centre Plot C – 22 G Block Bandra Kurla Complex Bandra – East, Mumbai, Maharashtra, India – 400051
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Elsamex Maintenance Services 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
Business activity
The main business activity of Elsamex Maintenance Services 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 Elsamex Maintenance Services Limited, buy the company report.
Financials of Elsamex Maintenance Services Limited
FY 2025 filings availableElsamex Maintenance Services Limited reported revenue of ₹235.91 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 15% growth in the latest year. EBITDA fell 114% 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 | -₹4.55 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹3.6 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 | -1.9% | ||||
| Net Profit Margin | -1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elsamex Maintenance Services Limited, buy the company report.
Board of directors of Elsamex Maintenance Services Limited
Elsamex Maintenance Services has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankar Ghosh Also directs: Rajasthan Land Holdings Limited | Additional Director | 10 Dec 2025 | 0 Years 10 Months | Current |
| Sunil Kumar Singh Also directs: Matangi Rubber Limited | Director | 25 Aug 2025 | 1 Years 2 Months | Current |
| Shantanu Kumar Singh Also directs: Rajasthan Land Holdings Limited, Pario Developers Private Limited, Chirayu Kath Real Estate Private Limited and 1 more | Nominee Director | 27 Jun 2025 | 1 Years 4 Months | Current |
| Rajnish Saxena | Manager | 06 Jun 2025 | 1 Years 4 Months | Current |
| Prasanta Kumar Rout Also directs: Fagne Songadh Expressway Limited | Nominee Director | 27 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Elsamex Maintenance Services Limited is audited by TALATI & TALATI LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TALATI & TALATI LLP | FY 2023 | 110758W/W100377 |
Shareholding
The shareholding of Elsamex Maintenance Services 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elsamex Maintenance Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2018 | 100178594 | Axis Bank Limited | ₹29.6 Lakh | Open | |
| 23 Dec 2016 | 100072490 | Others | ₹20.95 Lakh | Open | |
| 26 Feb 2016 | 100022871 | Axis Bank Limited | ₹20 Cr | Open | |
| 11 Feb 2016 | 10627281 | Icici Bank Limited | ₹24.09 Lakh | Satisfied | |
| 05 Dec 2015 | 10608960 | Icici Bank Limited | ₹15.5 Lakh | Satisfied |
To see the full charge records of Elsamex Maintenance Services Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Elsamex Maintenance Services Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: IL&FS Transportation Networks Limited & Rajiv Subashchandra Dubey, IL&FS Transportation Networks Limited & Vijay Kini, IL&FS Transportation Networks Limited & Jyotsna Matondkar Seller: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Elsamex Maintenance Services Limited has 19 court cases on record: 3 filed by Elsamex Maintenance Services, 16 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 14 | 2 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed by the company against M/S Ahilya Developers Pvt .Ltd and 3 others | Pending |
| High Court | Writ petition | Filed by the company against Managing Director, Jharkhand Accelerated Road Development Company Limited and 36 others | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Bhushan Dealmark Private Limited | Disposed |
| District court, Akola, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Elsamex Maintenance Services 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
Elsamex Maintenance Services Limited has 22 MSME Form 1 returns on record between 2018 and 2024, listing 947 overdue payments to 71 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 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Kuber Solutions and Infrastructure Private Limited | |||
| Creativerace Signs & Projects Private Limited |
To see the full MSME payment records of Elsamex Maintenance Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Elsamex Maintenance Services Limited has 1 active EPFO establishment as of Jul 01, 2024.
GST
Elsamex Maintenance Services has 22 GST registrations: 19 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE5042Q1ZA | Maharashtra | Active | 01 Jul 2017 |
| 02AADCE5042Q1ZM | Himachal Pradesh | Active | 01 Jul 2017 |
| 07AADCE5042Q1ZC | Delhi | Active | 01 Jul 2017 |
| 08AADCE5042Q1ZA | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elsamex Maintenance Services Limited, buy the company report.
Recent activity
Elsamex Maintenance Services Limited has 35 board changes on record since 2013: 20 appointments and 15 cessations. The latest: Sankar Ghosh was appointed as Additional Director on 10 Dec 2025.
40 earlier events are in the company report.
Frequently asked questions
Elsamex Maintenance Services is an active public limited foreign company incorporated in india based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 12 September 2013 (13+ years old) and is registered under CIN U45201MH2013FLC285659.
Elsamex Maintenance Services has 5 current directors:
- Sankar Ghosh - Additional Director
- Sunil Kumar Singh - Director
- Shantanu Kumar Singh - Nominee Director
- Prasanta Kumar Rout - Nominee Director
- Rajnish Saxena - Manager
The latest financial statements of Elsamex Maintenance Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elsamex Maintenance Services is 27AADCE5042Q1ZA, registered in Maharashtra. The company has 22 GST registrations in all, of which 19 are active and 3 are cancelled or inactive. Other active GSTINs include 02AADCE5042Q1ZM (Himachal Pradesh), 07AADCE5042Q1ZC (Delhi), 08AADCE5042Q1ZA (Rajasthan).
The CIN (Corporate Identification Number) of Elsamex Maintenance Services is U45201MH2013FLC285659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elsamex Maintenance Services has 19 court cases on record: 3 filed by the company and 16 filed against it. 2 are pending. Most are in the district courts.
Elsamex Maintenance Services was incorporated on 12 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Elsamex Maintenance Services has 2 deals on record (2 secondary share transfers); the latest was in November 2017.
Sankar Ghosh was appointed as Additional Director on 10 Dec 2025. Milind Ramesh Gandhi ceased to be Nominee Director on 09 Dec 2025. Sunil Kumar Singh was appointed as Director on 25 Aug 2025. Elsamex Maintenance Services has 35 board changes on record in total.
Elsamex Maintenance Services has 22 MSME Form 1 returns on record between 2018 and 2024, listing 947 overdue payments to 71 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Elsamex Maintenance Services can be reached through the website elsamexindia.com. Its registered office is in Mumbai, Maharashtra, India.
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