Essel Highways Limited, a under cirp public limited company, was established on 12 November 2013 in Mumbai, Maharashtra, India. Engaging in general construction services within the construction sector, it holds CIN: U45200MH2013PLC274877. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,500.00 Cr and a paid-up capital of ₹578.00 Cr.
Formerly known as Eil Highways Limited, Essel Roadways Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Narendra Mohan Sahare (Director), Balwan Singh (Cfo), Ankur Kumar (Whole-Time Director). Past directors included Nandita Mehul Thakar, Umesh Madanmohan Jhunjhunwala, Sandeep Kumar Chhamunya. It holds ₹2,952.54 Cr open charges and ₹9,421.54 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 513/A, 5Th Floor, Kohinoor City, Kirol Road, Kurla (West), Mumbai, Maharashtra, 400070.
U45200MH2013PLC274877
274877
12 November 2013
₹1,500.00 Cr
₹578.00 Cr
Roc Mumbai
Unlisted
Under Cirp
Explore comprehensive insights into Essel Highways Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narendra Mohan Sahare | Director | 01 Apr 2024 | Current |
| Balwan Singh | Cfo | 15 Mar 2024 | Current |
| Ankur Kumar | Whole-Time Director | 19 Feb 2024 | Current |
| Bhaskar Hanumant Thalesari | Director | 29 Feb 2024 | Current |
| Pooja Ramesh Singh | Director | 11 Feb 2020 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 10 Mar 2017 | Past |
| Pramod Abcsdd | Additional Director | 31 Dec 2020 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2019 | Past |
| Pramod Abcsdd | Company Secretary | 25 Sep 2018 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2015 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2018 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Essel Highways Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.56% decrease. The company also saw a substantial fall in profitability, with a 251.22% decrease in profit. The company's net worth dipped by a decrease of 0.56%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2023, Essel Highways had a promoter holding of 90.48% and a public holding of 9.52%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Reveal ownership structures and financial performance - Get instant access now!
₹29,525,400,000.00
₹94,215,357,717.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2022 | Others | ₹1,000.00 Cr | Open |
| 06 Apr 2018 | Others | ₹1,000.00 Cr | Open |
| 23 Mar 2016 | Others | ₹54.24 Cr | Open |
| 26 Feb 2016 | Sbicap Trustee Company Limited | ₹88.16 Cr | Open |
| 26 Feb 2016 | Sbicap Trustee Company Limited | ₹75.51 Cr | Open |
Explore comprehensive loan charge details -
Essel Highways has a workforce of 2 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Essel Highways, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Essel Highways's trajectory.
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Essel Highways Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Balwan Singh was appointed as a Cfo was appointed as a Cfo on 01 Jun 2024 & has been associated with this company since 1 year 6 months . was completed.
Progress on Narendra Mohan Sahare was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 8 months . was documented.
Progress on Essel Highways Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
Balwan Singh was appointed as a CFO was appointed as a CFO on 15 Mar 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.
Bhaskar Hanumant Thalesari was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.
The company is expected to sell around 250 MW of operational solar portfolio to renewable energy company Adani Green Energy, said two people with direct knowledge of the development.
The assets may fetch an enterprise value of up to ₹3,500 crore.The three projects comprise toll roads in Madhya Pradesh, Karnataka and Telangana.
Essel Infra is selling some of its road projects to raise funds for a lithium-ion battery plant. They are talking to companies like Adani and Cube Highways. Essel Group also plans to sell its media business and has already sold some power and solar projects. They are also looking for a structured credit transaction to refinance their debt..
The CIN of Essel Highways Limited is U45200MH2013PLC274877.
Essel Highways Limited is headquartered at 513/A, 5Th Floor, Kohinoor City, Kirol Road, Kurla (West), Mumbai, Maharashtra, 400070.
Essel Highways Limited was incorporated on 12 November 2013.
The current directors of Essel Highways Limited are
The primary industry of Essel Highways Limited is Construction.
Essel Highways Limited is unlisted.
The authorized capital of Essel Highways Limited is ₹1,500.00 Cr, and the paid-up capital is ₹578.00 Cr.
The compliance status of Essel Highways Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX