Essel Highways Limited - Company Profile

Q: Where is Essel Highways Limited headquartered?

Essel Highways Limited is headquartered at 513A, 5Th Floor, Kohinoor City, Kirol Road, Kurla West, Mumbai, Maharashtra, 400070.

Q: Who are the current directors of Essel Highways Limited?

The current directors of Essel Highways Limited are Narendra Mohan Sahare, Balwan Singh, Ankur Kumar, Bhaskar Hanumant Thalesari, Pooja Ramesh Singh.

It is a infrastructure and utilities public limited company based in Mumbai, Maharashtra, India, established in 2013.

2013 Mumbai, Maharashtra, India Under Cirp

Last Updated: July 14, 2025

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About Essel Highways Limited

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.

Company Details

CIN/LLPIN
U45200MH2013PLC274877
Registration Number
274877
Incorporation Date
12 November 2013
Authorized Capital
₹1,500.00 Cr
Paid-Up Capital
₹578.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 1,500.00 Cr as on 14-07-2025
Paid Up Capital ₹ 578.00 Cr as on 14-07-2025
Company Age 12 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2,952.54 Cr as on 14-07-2025
Satisfied Charges ₹ 9,421.54 Cr as on 14-07-2025
Revenue Growth **** -99.56% (FY 2023)
Profit Growth **** -251.22% (FY 2023)
Ebitda **** -119.89% (FY 2023)
Net Worth -0.56% (FY 2023)
Total Assets **** 7.21% (FY 2023)

Comprehensive Company Insights

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.

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Who are the key members and board of directors at Essel Highways Limited?

Current Directors

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

Past Directors

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

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Financial Performance of Essel Highways.

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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-99.56%

*******

Revenue from Operations

*******

-100.00%

*******

Total Assets

*******

7.21%

*******

Profit or Loss

*******

-251.22%

*******

Net Worth

*******

-0.56%

*******

EBITDA

*******

-119.89%

*******

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What is the Ownership and Shareholding Structure of Essel Highways?

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.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹29,525,400,000.00

Satisfied Charges

₹94,215,357,717.00

Charges Breakdown by Lending Institutions

Others : 2188.87 Cr
Idbi Trusteeship Services Limited : 600.00 Cr
Sbicap Trustee Company Limited : 163.67 Cr

Latest Charge Details

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

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How Many Employees Work at Essel Highways?

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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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.

Rating

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.

Alerts

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.

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Latest Updates, News, and FAQs on Essel Highways

Recent Activity within the Organization

Annual General Meeting

Progress on Essel Highways Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Director Appointment

Progress on 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 9 months . was documented.
01 Jun 2024
Director Appointment

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 11 months . was documented.
01 Apr 2024
Balance Sheet

The activity Essel Highways Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
31 Mar 2024
Director Appointment

The activity 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 11 months . was completed.
15 Mar 2024
Director Appointment

Progress on Bhaskar Hanumant Thalesari was appointed as a Director was appointed as a Director on 29 Feb 2024 & has been associated with this company since 2 years 4 days . was documented.
29 Feb 2024

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