About Gwalior Bypass Project Limited
Data last updated:
Gwalior Bypass Project Limited is a public limited company based in New Delhi, Delhi, India. 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 23 June 2006.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PLC150027. Its GSTIN is 23AACCG6312J1ZW (Madhya Pradesh).
The company has an authorised share capital of ₹25.1 Cr and a paid-up capital of ₹9.8 Lakh. It was formerly known as Gwalior Bypass Project Private Limited. It is led by directors including Nakul Bharana and Vivek Bhadana.
Its last annual general meeting (AGM) was held on 09 March 2021, and its latest financial statements are for the year ended 31 March 2019. The registered office is at B – 292 Chandra Kanta Complex Shop No. 2 & 3 Near Metro Pillar No. 161 New Ashok Nag, Ar, New Delhi, Delhi, India – 110096.
As per the financials filed for FY 2019, the company reported a revenue of ₹54.02 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹11.26 Cr (net margin -20.8%) and EBITDA of ₹42.8 Cr (EBITDA margin 79.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company is associated with 1 brand: Gwalior Bypass Project Limited. As per MCA filings, the company has open charges of ₹261.55 Cr and satisfied charges of ₹449.17 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 2 cases are pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹92.25 Cr; the latest was in March 2014. Its 6 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 2 smaller; the largest is Prathvi Infrastructure Private Limited with revenue of ₹54.44 Cr.
The last known website on record is gwaliorbypass.in.
Company details
CIN history
Gwalior Bypass Project has one previous CIN (Corporate Identification Number): U70109DL2006PTC150027. The current CIN is U70109DL2006PLC150027, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109DL2006PLC150027 | Current |
| U70109DL2006PTC150027 | Previous |
Contact details
Gwalior Bypass Project Limited's registered office is in New Delhi, Delhi. Its website is gwaliorbypass.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 292 Chandra Kanta Complex Shop No. 2 & 3 Near Metro Pillar No. 161 New Ashok Nag, Ar, New Delhi, Delhi, India – 110096
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Gwalior Bypass Project 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
Brands
Gwalior Bypass Project operates one associated brand: Gwalior Bypass Project Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure project management and insolvency resolution in Gwalior, India. | gwaliorbypass.in |
Business activity
The main business activity of Gwalior Bypass Project 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 Gwalior Bypass Project Limited, buy the company report.
Financials of Gwalior Bypass Project Limited
FY 2019 filings availableGwalior Bypass Project Limited reported revenue of ₹54.02 Cr (down 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 10% fall in the latest year. EBITDA fell 9% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.26 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79.2% | ||||
| Net Profit Margin | -20.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Gwalior Bypass Project Limited, buy the company report.
Board of directors of Gwalior Bypass Project Limited
Gwalior Bypass Project has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nakul Bharana Also directs: Hyderabad Ring Road Project Private Limited, Sunnearth Infrastructure Private Limited, Jiffy Realtors Private Limited and 2 more | Director | 24 Feb 2014 | 12 Years 7 Months | As last reported |
| Vivek Bhadana | Director | 05 May 2018 | 8 Years 5 Months | As last reported |
| Praveen Kumar | Director | 20 May 2016 | 10 Years 5 Months | As last reported |
Peer comparison
Gwalior Bypass Project Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Prathvi Infrastructure Private Limited | ₹54.44 Cr (FY 2025) | -25.0% | Indore, Madhya Pradesh, India | |||
| Nagpur - Seoni Express Way Private Limited | ₹54.43 Cr (FY 2025) | 120.0% | Chennai, Tamil Nadu, India | |||
| BLN Infra Private Limited | ₹54.31 Cr (FY 2025) | -46.0% | Shimla, Himachal Pradesh, India | |||
| Aanuj Infraprojects Private Limited | ₹54.17 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India | |||
| Gwalior Bypass Project Limitedthis company | ₹54.02 Cr (FY 2019) | -₹11.26 Cr | -20.8% | -10.0% | New Delhi, Delhi, India | |
| Sarjan Construction Private Limited | ₹53.42 Cr (FY 2024) | -31.0% | Amreli, Gujarat, India | |||
| Ramseen Raniwara Highways Private Limited | ₹53.17 Cr (FY 2025) | -46.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Gwalior Bypass Project Limited, buy the company report.
Auditor
Gwalior Bypass Project Limited is audited by Gupta Nayar & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Nayar & Co. | FY 2019 | 008376N |
Shareholding
The shareholding of Gwalior Bypass Project Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gwalior Bypass Project Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2017 | 100109911 | Others | ₹20 Cr | Open | |
| 24 Dec 2014 | 10542284 | Others | ₹241.55 Cr | Open | |
| 23 Mar 2012 | 10343531 | Infrastructure Development Finance Company Limited | ₹209.17 Cr | Satisfied | |
| 29 Mar 2007 | 10046630 | Punjab National Bank (Senior Lender) | ₹240 Cr | Satisfied |
To see the full charge records of Gwalior Bypass Project Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Gwalior Bypass Project Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹92.25 Cr; the latest was in March 2014.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹13.5 Lakh | Investors: Aviatik Buildwell Private Limited |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Era Infrastructure (India) Limited Seller: Era Infra Engineering Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Era Infra Engineering Limited Seller: 4 individuals |
| Feb 2007 | Funding round | ₹4 Lakh | Investors: Ramky Infrastructure Limited , Shriram Chits Pvt Ltd , 2 individuals |
| Aug 2006 | Secondary share transfer | Undisclosed | Buyer: Era Infra Engineering Limited , Ramky Infrastructure Limited , Shriram Chits Pvt Ltd Seller: 2 individuals |
To see the full deal history of Gwalior Bypass Project Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gwalior Bypass Project Limited has 17 court cases on record: 5 filed by Gwalior Bypass Project, 12 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 0 |
| NCLAT | 4 | 4 | 2 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by L & T Infrastructure Finance Company Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Edelweiss Asset Reconstruction Company Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by L and T Infrastructure Finance Company Ltd. Brindavan, Plot No. 177, C.S.T Road, Kalina, Santacruz (East) ,Mumbai , Maharashtra | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Icici Bank Limited and Ors. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
To see the full case history of Gwalior Bypass Project 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 Gwalior Bypass Project Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gwalior Bypass Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCG6312J1ZW | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gwalior Bypass Project Limited, buy the company report.
Recent activity
Gwalior Bypass Project Limited has 20 board changes on record since 2007: 3 appointments and 17 cessations. The latest: Vivek Bhadana ceased to be Additional Director on 29 Sep 2018.
20 earlier events are in the company report.
Frequently asked questions
Gwalior Bypass Project 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.
Gwalior Bypass Project is a company under insolvency, formerly operating as a public 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 23 June 2006 and is registered under CIN U70109DL2006PLC150027. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gwalior Bypass Project has 3 current directors:
- Nakul Bharana - Director
- Vivek Bhadana - Director
- Praveen Kumar - Director
The latest financial statements of Gwalior Bypass Project on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 09 March 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gwalior Bypass Project is U70109DL2006PLC150027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gwalior Bypass Project has open charges of ₹261.55 Cr and satisfied charges of ₹449.17 Cr as per latest MCA filings.
Gwalior Bypass Project has 17 court cases on record: 5 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.
Gwalior Bypass Project was incorporated on 23 June 2006. It is registered with the Registrar of Companies, Delhi.
Gwalior Bypass Project has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹92.25 Cr; the latest was in March 2014.
The peers of Gwalior Bypass Project by revenue are Prathvi Infrastructure Private Limited, Nagpur - Seoni Express Way Private Limited, BLN Infra Private Limited, Aanuj Infraprojects Private Limited, Sarjan Construction Private Limited and 1 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Vivek Bhadana ceased to be Additional Director on 29 Sep 2018. Vivek Bhadana was appointed as Director on 05 May 2018. Alok Khanna ceased to be Director on 28 Mar 2018. Gwalior Bypass Project has 20 board changes on record in total.