Krosslink Infrastructure Limited
About Krosslink Infrastructure Limited
Data last updated:
Krosslink Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, 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 general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 26 February 1983.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L29269MH1983PLC186778. The company has 2 GST registrations on record, none of which is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹30.44 Cr. It is led by directors including Madan Lall and Jagdish Chandra Bhatia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 511 Vyapar Bhavan 5th Floor 49 P.D'Mello Road Carnac Bunder Masjid (E), Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.47 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹14.37 Cr and EBITDA of -₹66.7 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 61% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹105.11 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 6 cases are pending.
Company details
CIN history
Krosslink Infrastructure has one previous CIN (Corporate Identification Number): L29269GJ1983PLC040735. The current CIN is L29269MH1983PLC186778, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L29269MH1983PLC186778 | Current |
| L29269GJ1983PLC040735 | Previous |
Contact details
Krosslink Infrastructure Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address511 Vyapar Bhavan 5th Floor 49 P.D'Mello Road Carnac Bunder Masjid (E), Mumbai, Maharashtra, India – 400009
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Krosslink Infrastructure 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
Financials of Krosslink Infrastructure Limited
FY 2021 filings availableKrosslink Infrastructure Limited reported revenue of ₹4.47 Lakh (down 18% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 18% fall in the latest year. EBITDA rose 66% 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
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| EBITDA | -₹66.7 Lakh | ||||
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| Net Profit (PAT) | ₹14.37 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Krosslink Infrastructure Limited, buy the company report.
Board of directors of Krosslink Infrastructure Limited
Krosslink Infrastructure has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Lall | Director | 08 Dec 1999 | 26 Years 11 Months | As last reported |
| Jagdish Chandra Bhatia Also directs: Hemaa Builders and Developers Private Limited | Director | 13 Aug 2012 | 14 Years 3 Months | As last reported |
| Urmila Bhatia | Director | 10 Sep 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Krosslink Infrastructure Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Infrastructure Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Milsan Mansion Infra India Private Limited | ₹4.52 Lakh (FY 2024) | 45.0% | Safidon, Haryana, India | |||
| Glotherm India Private Limited | ₹4.51 Lakh (FY 2022) | Pune, Maharashtra, India | ||||
| Nitech Projects Private Limited | ₹4.51 Lakh (FY 2025) | -14.0% | Kottayam, Kerala, India | |||
| Prethish Associates (OPC) Private Limited | ₹4.5 Lakh (FY 2025) | -91.0% | Bangalore, Karnataka, India | |||
| New India Realtors Pvt Ltd | ₹4.48 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Krosslink Infrastructure Limitedthis company | ₹4.47 Lakh (FY 2021) | ₹14.37 Cr | -18.0% | 3 | Mumbai, Maharashtra, India | |
| Usp Infraventures Private Limited | ₹4.44 Lakh (FY 2019) | -32.0% | Lucknow, Uttar Pradesh, India | |||
| Rideema Toll Bridge Private Limited | ₹4.43 Lakh (FY 2021) | -100.0% | Mumbai, Maharashtra, India | |||
| Ajax Projects Private Limited | ₹4.43 Lakh (FY 2025) | -97.0% | Delhi, India | |||
| Chalett Infrastructure Solutions Private Limited | ₹4.41 Lakh (FY 2024) | Thiruvananthapuram, Kerala, India | ||||
| Rama Infrastructures Private Limited | ₹4.4 Lakh (FY 2019) | Delhi, India |
To see the full peer comparison of Krosslink Infrastructure Limited, buy the company report.
Auditor
Krosslink Infrastructure Limited is audited by PRAMOD P JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAMOD P JAIN & CO | FY 2020 | 136226W |
Shareholding
The shareholding of Krosslink Infrastructure Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Krosslink Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2003 | 90112824 | Dena Bank | ₹103.61 Cr | Satisfied | |
| 13 Jan 2003 | 90112763 | The Malad Sahakari Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Krosslink Infrastructure Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Krosslink Infrastructure Limited has 8 court cases on record: 8 filed against it. 6 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 5 |
| District courts | 2 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Reliance Naval and Engineering Limited | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Sikkim Ferro Alloys Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax Central 3 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - Centerl-3 Suresh Kumar | Pending |
| District court, Amreli, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Pending |
To see the full case history of Krosslink Infrastructure 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 Krosslink Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Krosslink Infrastructure Limited has a workforce of 3 employees on its EPFO records as of Mar 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 3 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Krosslink Infrastructure Limited, buy the company report.
GST
Krosslink Infrastructure has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Krosslink Infrastructure Limited, buy the company report.
Recent activity
Krosslink Infrastructure Limited has 25 board changes on record since 1999: 14 appointments and 11 cessations. The latest: Sanjay Maganlal Doshi ceased to be Whole-Time Director on 05 Apr 2019.
20 earlier events are in the company report.
Frequently asked questions
Krosslink Infrastructure 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.
Krosslink Infrastructure is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 26 February 1983 and is registered under CIN L29269MH1983PLC186778. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Krosslink Infrastructure has 3 current directors:
- Madan Lall - Director
- Jagdish Chandra Bhatia - Director
- Urmila Bhatia - Director
The latest financial statements of Krosslink Infrastructure on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Krosslink Infrastructure is L29269MH1983PLC186778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Krosslink Infrastructure is a listed company as per MCA records.
Krosslink Infrastructure has no open charges and satisfied charges of ₹105.11 Cr as per latest MCA filings.
Krosslink Infrastructure has 8 court cases on record: 8 filed against it. 6 are pending. Most are in the high courts.
Krosslink Infrastructure was incorporated on 26 February 1983. It is registered with the Registrar of Companies, Mumbai.
The peers of Krosslink Infrastructure by revenue are Milsan Mansion Infra India Private Limited, Glotherm India Private Limited, Nitech Projects Private Limited, Prethish Associates (OPC) Private Limited, New India Realtors Pvt Ltd and 5 more, all in the Infrastructure industry (Infrastructure Services).
Sanjay Maganlal Doshi ceased to be Whole-Time Director on 05 Apr 2019. Jaisal Mohatta ceased to be Company Secretary on 29 Feb 2016. Urmila Bhatia was appointed as Director on 10 Sep 2015. Krosslink Infrastructure has 25 board changes on record in total.
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