About Ideal Toll & Infrastructure Private Limited
Data last updated:
Ideal Toll & Infrastructure Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 27 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1998PTC115966. Its GSTIN is 27AAACJ9074C1ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹135.64 Cr. It was formerly known as Jvd Infrastructure Private Limited and Ideal Toll & Infrastructure Company Private Limited. It is led by directors Sameer Anil Apte and Jayant Dattatray Mhaiskar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B1 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri (E), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.09 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹48.71 Cr and EBITDA of ₹1.88 Cr (EBITDA margin 45.9%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 22% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹815.1 Cr and satisfied charges of ₹43.5 Cr on record. Court records list 18 cases involving the company, including 1 filed by the company and 17 filed against it; 6 cases are pending. The company has 10 deals on record (8 funding rounds, 2 secondary share transfers), with disclosed funding of ₹52.67 Cr; the latest was in June 2014. Its 5 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 2 larger and 3 smaller; the largest is Shubh Vinayak Infra Private Limited with revenue of ₹4.24 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itipl.co.in.
Company details
Name history
Ideal Toll & Infrastructure has undergone 3 name changes throughout its history. The company was previously known as Jvd Infrastructure Private Limited, Ideal Toll & Infrastructure Company Private Limited, and Jvd Finlease Private Limited. The current legal name is Ideal Toll & Infrastructure Private Limited.
| Company Name | Status |
|---|---|
| Ideal Toll & Infrastructure Private Limited | Current |
| Jvd Infrastructure Private Limited | Previous |
| Ideal Toll & Infrastructure Company Private Limited | Previous |
| Jvd Finlease Private Limited | Previous |
Contact details
Ideal Toll & Infrastructure Private Limited's registered office is in Mumbai, Maharashtra. Its website is itipl.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB1 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Ideal Toll & Infrastructure 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
Business activity
The main business activity of Ideal Toll & Infrastructure 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 Ideal Toll & Infrastructure Private Limited, buy the company report.
Financials of Ideal Toll & Infrastructure Private Limited
FY 2022 filings availableIdeal Toll & Infrastructure Private Limited reported revenue of ₹4.09 Cr (down 68% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 68% fall in the latest year. EBITDA rose 150% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.71 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.9% | ||||
| Net Profit Margin | |||||
| 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 Ideal Toll & Infrastructure Private Limited, buy the company report.
Board of directors of Ideal Toll & Infrastructure Private Limited
Ideal Toll & Infrastructure has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Anil Apte Also directs: VCR Toll Services Private Limited, Mep Roads & Bridges Private Limited, Mep Sanjose Kante Waked Road Private Limited and 5 more | Director | 04 Jan 2018 | 8 Years 9 Months | Current |
| Jayant Dattatray Mhaiskar Also directs: Jarr Infrastructure LLP, Mhaiskar Landmarks Private Limited, Ideal Infoware Private Limited and 1 more | Director | 27 Jul 1998 | 28 Years 3 Months | Current |
Peer comparison
Ideal Toll & Infrastructure Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Shubh Vinayak Infra Private Limited | ₹4.24 Cr (FY 2025) | -39.0% | Motihari, Bihar, India | |||
| Chafal Road Developers Private Limited | ₹4.19 Cr (FY 2025) | -21.0% | Thane, Maharashtra, India | |||
| Green Solutions Private Limited | ₹4.13 Cr (FY 2023) | 30.0% | Jharsuguda, Odisha, India | |||
| Adityabhushan Infra Projects Private Limited | ₹4.11 Cr (FY 2024) | -34.0% | Aut, Himachal Pradesh, India | |||
| Lokesh Industrial Services Private Limited | ₹4.11 Cr (FY 2025) | -32.0% | Nagpur, Maharashtra, India | |||
| Ideal Toll & Infrastructure Private Limitedthis company | ₹4.09 Cr (FY 2021) | -₹48.71 Cr | -68.0% | 1 | Mumbai, Maharashtra, India |
To see the full peer comparison of Ideal Toll & Infrastructure Private Limited, buy the company report.
Auditor
Ideal Toll & Infrastructure Private Limited is audited by SAINI ASHOK & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAINI ASHOK & ASSOCIATES | FY 2021 | 154487W |
Shareholding
The shareholding of Ideal Toll & Infrastructure Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Toll & Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2021 | 100503085 | Others | ₹9 Cr | Open | |
| 28 Sep 2018 | 100260827 | Yes Bank Limited | ₹75 Cr | Open | |
| 27 Sep 2018 | 100211957 | Others | ₹75 Cr | Open | |
| 29 Apr 2017 | 100129125 | Yes Bank Limited | ₹80 Cr | Open | |
| 08 Sep 2014 | 10519095 | Idbi Trusteeship Services Limited | ₹175 Cr | Open |
To see the full charge records of Ideal Toll & Infrastructure Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Ideal Toll & Infrastructure Private Limited has 10 deals on record (8 funding rounds, 2 secondary share transfers), with disclosed funding of ₹52.67 Cr; the latest was in June 2014.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Jayant Mhaiskar HUF, an individual Seller: Rideema Toll Private Limited , A J Tolls Private Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Rideema Toll Private Limited , A J Tolls Private Limited Seller: Others Ideal Toll & Infrastructure Private Limited, an individual |
| Feb 2007 | Funding round | ₹75.4 Lakh | Investors: A J Tolls Private Limited , 3 individuals |
| Dec 2006 | Funding round | ₹18.52 Cr | Investors: Rideema Toll Private Limited , an individual |
| Nov 2006 | Funding round | ₹1.17 Cr | Investors: Rideema Toll Private Limited , an individual |
To see the full deal history of Ideal Toll & Infrastructure Private 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
Ideal Toll & Infrastructure Private Limited has 18 court cases on record: 1 filed by Ideal Toll & Infrastructure, 17 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 5 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Suraksha Realty Limited /Bhavesh Babubhai Darji | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Suraksha Realty Limited /Bhavesh Babubhai Darji | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Suraksha Realty Limited /Bhavesh Babubhai Darji | Disposed |
| Bombay High Court | Writ petition | Filed against the company by M/S Ideal Energy Projects Limited, THR. Its Promoter/Director, J.D. Mhaiskar and Others | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Vision Finstock Limited | Disposed |
To see the full case history of Ideal Toll & Infrastructure Private 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 Ideal Toll & Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ideal Toll & Infrastructure has 4 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Iepl Power Trading Company Private Limited | U40101MH2010PTC202447 | |
| Mep Hamirpur Bus Terminal Private Limited | U45203MH2011PTC216790 | |
| Mep Una Bus Terminal Private Limited | U45400MH2011PTC224034 | |
| A J Tolls Private Limited | U74999MH1999PTC122187 |
To see the full group structure of Ideal Toll & Infrastructure Private Limited, buy the company report.
Employees & EPFO
Ideal Toll & Infrastructure Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ideal Toll & Infrastructure has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ9074C1ZL | Maharashtra | Active | 01 Jul 2017 |
| 08AAACJ9074C1ZL | Rajasthan | Active | 14 May 2018 |
To see the full GST registrations and return filing status of Ideal Toll & Infrastructure Private Limited, buy the company report.
Recent activity
Ideal Toll & Infrastructure Private Limited has 11 board changes on record since 1998: 2 appointments and 9 cessations. The latest: Deepak Yeshwant Chitnis ceased to be Director on 11 Nov 2019.
18 earlier events are in the company report.
Frequently asked questions
Ideal Toll & Infrastructure is an active private limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 27 July 1998 (28+ years old) and is registered under CIN U65910MH1998PTC115966.
Ideal Toll & Infrastructure has 2 current directors:
- Sameer Anil Apte - Director
- Jayant Dattatray Mhaiskar - Director
The latest financial statements of Ideal Toll & Infrastructure on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ideal Toll & Infrastructure is 27AAACJ9074C1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAACJ9074C1ZL (Rajasthan).
The CIN (Corporate Identification Number) of Ideal Toll & Infrastructure is U65910MH1998PTC115966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Toll & Infrastructure has 18 court cases on record: 1 filed by the company and 17 filed against it. 6 are pending. Most are in the district courts.
Ideal Toll & Infrastructure was incorporated on 27 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Ideal Toll & Infrastructure has 10 deals on record (8 funding rounds, 2 secondary share transfers), with disclosed funding of ₹52.67 Cr; the latest was in June 2014.
The peers of Ideal Toll & Infrastructure by revenue are Shubh Vinayak Infra Private Limited, Chafal Road Developers Private Limited, Green Solutions Private Limited, Adityabhushan Infra Projects Private Limited, Lokesh Industrial Services Private Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Deepak Yeshwant Chitnis ceased to be Director on 11 Nov 2019. Khimji Shamji Pandav ceased to be Director on 11 Nov 2019. Vijay Gopi Kishan Agarwal ceased to be Director on 11 Nov 2019. Ideal Toll & Infrastructure has 11 board changes on record in total.
Ideal Toll & Infrastructure can be reached through the website itipl.co.in. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
