About Jodhpur Pali Expressway Private Limited
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Jodhpur Pali Expressway Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Highways Infrastructure Trust. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 10 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2013PTC308861. Its GSTIN is 08AADCJ0179R1ZZ (Rajasthan).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.16 Lakh. It was formerly known as Jodhpur Pali Expressway Limited. It is led by directors including Rahul Uday Nadkarni and Sachin Kishor Joshi.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.86 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹50.98 Cr (net margin -70%) and EBITDA of ₹39.58 Cr (EBITDA margin 54.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jodhpur Pali Expressway. As per MCA filings, the company has open charges of ₹255.3 Cr and satisfied charges of ₹882.04 Cr on record. The company has 7 deals on record (2 debt financings, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹383.97 Cr; the latest was in August 2022. Its 7 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 3 smaller; the largest is Kalthia Bagodara Tarapur Highway Private Limited with revenue of ₹73.67 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 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 jodhpurpaliexpressway.com.
Company details
CIN history
Jodhpur Pali Expressway has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45203MH2013PTC308861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203MH2013PTC308861 | Current |
| U45203DL2013PLC247219 | Previous |
| U45203DL2013PTC247219 | Previous |
Contact details
Jodhpur Pali Expressway Private Limited's registered office is in Mumbai, Maharashtra. Its website is jodhpurpaliexpressway.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No.601 – 602 6th Floor Windsor House, Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Jodhpur Pali Expressway 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
Brands
Jodhpur Pali Expressway operates one associated brand: Jodhpur Pali Expressway. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Expressway connecting Jodhpur and Pali | jodhpurpaliexpressway.com |
Business activity
The main business activity of Jodhpur Pali Expressway 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 Jodhpur Pali Expressway Private Limited, buy the company report.
Financials of Jodhpur Pali Expressway Private Limited
FY 2025 filings availableJodhpur Pali Expressway Private Limited reported revenue of ₹72.86 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 1% growth in the latest year. EBITDA rose 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹39.58 Cr | ||||
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| Net Profit (PAT) | -₹50.98 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 | 54.3% | ||||
| Net Profit Margin | -70% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Jodhpur Pali Expressway Private Limited, buy the company report.
Board of directors of Jodhpur Pali Expressway Private Limited
Jodhpur Pali Expressway has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Uday Nadkarni | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Sachin Kishor Joshi Also directs: North Telangana Expressway Private Limited, Nirmal Bot Private Limited, Aligarh Highways Private Limited and 1 more | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Venkata Sathya Sarabha Srikanth Kallakuri | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Jodhpur Pali Expressway Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Kalthia Bagodara Tarapur Highway Private Limited | ₹73.67 Cr (FY 2024) | -29.0% | Ahmedabad, Gujarat, India | |||
| Shrikishan and Company Private Limited | ₹73.44 Cr (FY 2025) | -43.0% | Korba, Chhattisgarh, India | |||
| Dra Dharmapuri Infra Private Limited | ₹73.06 Cr (FY 2025) | -89.0% | Ahmedabad, Gujarat, India | |||
| Hariharganj - Parwa Highways Private Limited | ₹73.04 Cr (FY 2025) | -72.0% | Delhi, India | |||
| Jodhpur Pali Expressway Private Limitedthis company | ₹72.86 Cr (FY 2025) | -₹50.98 Cr | -70% | 1.0% | 39 | Mumbai, Maharashtra, India |
| HSC Infraprojects Private Limited | ₹72.86 Cr (FY 2025) | -26.0% | Banswara, Rajasthan, India | |||
| Raipur Expressways Limited | ₹72.13 Cr (FY 2023) | 22.0% | New Delhi, Delhi, India | |||
| GV Road Projects Private Limited | ₹71.85 Cr (FY 2024) | -10.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Jodhpur Pali Expressway Private Limited, buy the company report.
Auditor
Jodhpur Pali Expressway Private Limited is audited by Mahesh C. Solanki & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh C. Solanki & Co. | FY 2023 | 006228C |
Shareholding
The shareholding of Jodhpur Pali Expressway Private 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 Jodhpur Pali Expressway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2022 | 100647180 | Others | ₹255.3 Cr | Open | |
| 16 Dec 2017 | 100154033 | Idbi Trusteeship Services Limited | ₹144.57 Cr | Satisfied | |
| 02 May 2017 | 100109859 | Idbi Trusteeship Services Limited | ₹145.44 Cr | Satisfied | |
| 09 Apr 2016 | 100026107 | Others | ₹292.04 Cr | Satisfied | |
| 02 Sep 2013 | 10452983 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied |
To see the full charge records of Jodhpur Pali Expressway Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Jodhpur Pali Expressway Private Limited has 7 deals on record (2 debt financings, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹383.97 Cr; the latest was in August 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Highways Infrastructure Trust Seller: KKR India Private Equity |
| Dec 2021 | Debt financing | ₹233.38 Cr | Investors: KKR India Private Equity |
| Dec 2021 | Acquisition | ₹289.87 Cr | Buyer: KKR India Private Equity Seller: Global Infrastructure Partners |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners Seller: G R Infraprojects Limited , India Infrastructure Fund II & Narayanan Gopalakrishnan |
| Mar 2017 | Acquisition | ₹91.29 Cr | Buyer: Global Infrastructure Partners Seller: G R Infraprojects Limited |
To see the full deal history of Jodhpur Pali Expressway 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
No court or tribunal cases involving Jodhpur Pali Expressway Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Jodhpur Pali Expressway Private Limited was last rated by Indiarating on 21 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 21 Feb 2022 |
To see the full credit ratings and regulatory alerts of Jodhpur Pali Expressway Private Limited, buy the company report.
MSME payment delays
Jodhpur Pali Expressway Private Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahesh C. Solanki & Co. | |||
| an individual supplier | |||
| Metro Infrasys Private Limited | |||
| Rudraksh Tours & Travels Private Limited | |||
| Karma Management Global Consulting Solutions Private Limited |
To see the full MSME payment records of Jodhpur Pali Expressway Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jodhpur Pali Expressway Private Limited has a workforce of 39 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 39 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Jodhpur Pali Expressway Private Limited, buy the company report.
GST
Jodhpur Pali Expressway has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCJ0179R1ZZ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jodhpur Pali Expressway Private Limited, buy the company report.
Recent activity
Jodhpur Pali Expressway Private Limited has 16 board changes on record since 2017: 3 appointments and 13 cessations. The latest: Abhishek Chhajer ceased to be Nominee Director on 30 Apr 2025.
19 earlier events are in the company report.
Frequently asked questions
Jodhpur Pali Expressway 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 10 January 2013 (13+ years old) and is registered under CIN U45203MH2013PTC308861.
Jodhpur Pali Expressway has 3 current directors:
- Rahul Uday Nadkarni - Nominee Director
- Sachin Kishor Joshi - Nominee Director
- Venkata Sathya Sarabha Srikanth Kallakuri - Nominee Director
The latest financial statements of Jodhpur Pali Expressway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Jodhpur Pali Expressway is 08AADCJ0179R1ZZ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Jodhpur Pali Expressway is U45203MH2013PTC308861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jodhpur Pali Expressway was incorporated on 10 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Jodhpur Pali Expressway has 7 deals on record (2 debt financings, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹383.97 Cr; the latest was in August 2022.
The peers of Jodhpur Pali Expressway by revenue are Kalthia Bagodara Tarapur Highway Private Limited, Shrikishan and Company Private Limited, Dra Dharmapuri Infra Private Limited, Hariharganj - Parwa Highways Private Limited, HSC Infraprojects Private Limited and 2 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Abhishek Chhajer ceased to be Nominee Director on 30 Apr 2025. Rahul Uday Nadkarni was appointed as Nominee Director on 30 Apr 2025. Sachin Kishor Joshi was appointed as Nominee Director on 30 Apr 2025. Jodhpur Pali Expressway has 16 board changes on record in total.
Jodhpur Pali Expressway has 5 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Jodhpur Pali Expressway can be reached through the website jodhpurpaliexpressway.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Jodhpur Pali Expressway is at Unit No.601 – 602 6th Floor Windsor House, Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
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