Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited - Company Profile

It is a infrastructure and utilities private limited company based in Vadodara, Gujarat, India, established in 2013.

2013 Vadodara, Gujarat, India Active

Last Updated: January 03, 2026

About Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited

Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited, a active private limited company, was established on 01 March 2013 in Vadodara, Gujarat, India. Engaging in road & bridge construction within the construction sector, it holds CIN: U45203GJ2013PTC073810. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹42.64 Cr and a paid-up capital of ₹41.64 Cr.

It upholds a compliant status. Its leadership includes Chhatrasinh P Padhiar (Director), Amit Khurana Ashok (Director). Past directors included Manju Ashok Khurana, Vaid Bhumiben Nitinbhai, Rasika Vikramsinh Chauhan. It holds ₹163.99 Cr open charges and ₹15.00 Cr settled loans. Its latest AGM occurred on 22 September 2025, with the balance sheet filed on 31 March 2025. It is based at Madhav House Nr. Panchratna Building, Subhanpura, Vadodara, Gujarat, 390023.

Company Details

CIN/LLPIN
U45203GJ2013PTC073810
Registration Number
073810
Incorporation Date
01 March 2013
Authorized Capital
₹42.64 Cr
Paid-Up Capital
₹41.64 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 42.64 Cr as on 03-01-2026
Paid Up Capital ₹ 41.64 Cr as on 03-01-2026
Company Age 13 Year,
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 163.99 Cr as on 03-01-2026
Satisfied Charges ₹ 15.00 Cr as on 03-01-2026
Revenue Growth **** -1.00% (FY 2023)
Profit Growth **** 48.35% (FY 2023)
Ebitda **** 5.27% (FY 2023)
Net Worth 8.36% (FY 2023)
Total Assets -7.49% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private 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 Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chhatrasinh P Padhiar	Director	12 Oct 2017	Current
Amit Khurana Ashok	Director	28 Mar 2013	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	08 May 2019	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	08 May 2019	Past
Pramod Abcsdd	Additional Director	28 Sep 2018	Past

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Financial Performance of Madhav (Phoolsagar Niwas Shahpura Corridor) Highways.

Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1% decrease. The company also saw a substantial improvement in profitability, with a 48.35% increase in profit. The company's net worth moved up by a moderate rise of 8.36%.

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

********

-1.00%

*******

Revenue from Operations

*******

Total Assets

*******

-7.49%

*******

Profit or Loss

*******

48.35%

*******

Net Worth

*******

8.36%

*******

EBITDA

*******

5.27%

*******

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What is the Ownership and Shareholding Structure of Madhav (Phoolsagar Niwas Shahpura Corridor) Highways?

In 2023, Madhav (Phoolsagar Niwas Shahpura Corridor) Highways had a promoter holding of 100.00%. The company had 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

₹1,639,855,000.00

Satisfied Charges

₹150,000,000.00

Charges Breakdown by Lending Institutions

: 127.75 Cr
Others : 25.12 Cr
Icici Bank Limited : 11.00 Cr
Hdfc Bank Limited : 0.12 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 May 2023	Hdfc Bank Limited	₹1.16 M	Open
19 Dec 2016	Others	₹25.12 Cr	Open
21 Sep 2015	Icici Bank Limited	₹11.00 Cr	Open
28 Aug 2013		₹127.75 Cr	Open
24 Aug 2016	Others	₹15.00 Cr	Satisfied

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How Many Employees Work at Madhav (Phoolsagar Niwas Shahpura Corridor) Highways?

Unlock and access historical data on people associated with Madhav (Phoolsagar Niwas Shahpura Corridor) Highways, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Madhav (Phoolsagar Niwas Shahpura Corridor) 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 Madhav (Phoolsagar Niwas Shahpura Corridor) 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 Madhav (Phoolsagar Niwas Shahpura Corridor) Highways

Recent Activity within the Organization

Annual General Meeting

Progress on Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records. was documented.
22 Sep 2025
Balance Sheet

The activity Madhav (Phoolsagar Niwas Shahpura Corridor) Highways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100715869 was registered on 01 May 2023. was completed.
01 May 2023
Director Appointment

Chhatrasinh P Padhiar was appointed as a Director was appointed as a Director on 12 Oct 2017 & has been associated with this company since 8 years 4 months . was recorded as a recent event.
12 Oct 2017
Charges

Progress on A charge with Others amounted to Rs. 25.12 Cr with Charge ID 100068210 was registered on 19 Dec 2016. was documented.
19 Dec 2016
Charges

The activity A charge registered on 24 Aug 2016 via Charge ID 100048303 with Others was fully satisfied on 18 Nov 2016. was completed.
18 Nov 2016

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