About Manaj Tollway Private Limited
Data last updated:
Manaj Tollway Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Man Infraconstruction Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 18 November 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2011PTC224075. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹108 Cr and a paid-up capital of ₹5 Cr. It was led by directors including Mukesh Mansukhlal Sheth and Kavita Bhaskar Upadhyay.
Its last annual general meeting (AGM) was held on 24 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.87 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹20.01 Cr (net margin 69.3%) and EBITDA of ₹27.29 Cr (EBITDA margin 94.5%).
As per MCA filings, the company had satisfied charges of ₹170 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending. The company has 10 deals on record (9 funding rounds, 1 secondary share transfer), with disclosed funding of ₹93.95 Cr; the latest was in May 2018. Its 9 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 5 smaller; the largest is Shree Belhekar Patil Infra Projects Private Limited with revenue of ₹29.27 Cr.
The last known website on record is maninfra.com.
Company details
CIN history
Manaj Tollway has one previous CIN (Corporate Identification Number): U74900MH2011PTC224075. The current CIN is U70100MH2011PTC224075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2011PTC224075 | Current |
| U74900MH2011PTC224075 | Previous |
Contact details
Manaj Tollway Private Limited's registered office is in Mumbai, Maharashtra. Its website is maninfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12th Floor Krushal Commercial Complex G. M. Road Above Shoppers Stop Chembur, (West), Mumbai, Maharashtra, India – 400089
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Manaj Tollway 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
Financials of Manaj Tollway Private Limited
FY 2024 filings availableManaj Tollway Private Limited reported revenue of ₹28.87 Cr (up 92% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 92% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.01 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.5% | ||||
| Net Profit Margin | 69.3% | ||||
| 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 Manaj Tollway Private Limited, buy the company report.
Board of directors and KMP of Manaj Tollway Private Limited
Manaj Tollway Private Limited currently reports 3 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgesh Suhas Dingankar Also directs: Man Infraconstruction Limited | Company Secretary | 29 Sep 2014 | 12 Years 1 Months | As last reported |
| Mukesh Mansukhlal Sheth | Director | 29 Jul 2022 | 4 Years 3 Months | As last reported |
| Kavita Bhaskar Upadhyay | Director | 29 Jul 2022 | 4 Years 3 Months | As last reported |
| Ashok Manharlal Mehta Also directs: Man Infraconstruction Limited, Man Aaradhya Infraconstruction LLP, Man Realtors and Holdings Private Limited and 1 more | Director | 18 Nov 2011 | 14 Years 11 Months | As last reported |
Peer comparison
Manaj Tollway Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Shree Belhekar Patil Infra Projects Private Limited | ₹29.27 Cr (FY 2024) | -41.0% | Pune, Maharashtra, India | |||
| Gayatri Jhansi Roadways Limted | ₹29.25 Cr (FY 2025) | -18.0% | Hyderabad, Telangana, India | |||
| Empower Engineers Private Limited | ₹29.2 Cr (FY 2022) | 89.0% | Hyderabad, Telangana, India | |||
| Pramod Constructions Private Limited | ₹28.99 Cr (FY 2025) | 12.0% | Nagpur, Maharashtra, India | |||
| Manaj Tollway Private Limitedthis company | ₹28.87 Cr (FY 2024) | ₹20.01 Cr | 69.3% | 92.0% | Mumbai, Maharashtra, India | |
| Sbdnsk165 Buildcon Private Limited | ₹28.84 Cr (FY 2024) | 11.0% | Dhule, Maharashtra, India | |||
| Indeed Infrastructure Private Limited | ₹28.78 Cr (FY 2025) | 145.0% | New Delhi, Delhi, India | |||
| Iqbal Ahmed Infraprojects Private Limited | ₹28.75 Cr (FY 2019) | -19.0% | Mangalore, Karnataka, India | |||
| Shivam Concrete Technology and Consultancy Private Limited | ₹28.59 Cr (FY 2024) | 1.0% | Vadodara, Gujarat, India | |||
| Borkhedi-Wardner Pathways Private Limited | ₹28.56 Cr (FY 2018) | 30.0% | Mhow, Madhya Pradesh, India |
To see the full peer comparison of Manaj Tollway Private Limited, buy the company report.
Auditor
Manaj Tollway Private Limited is audited by B. P. Sanghani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. P. Sanghani & Associates | FY 2023 | 122943W |
Shareholding
The shareholding of Manaj Tollway 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 Manaj Tollway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2013 | 10411536 | Idbi Trusteeship Services Limited | ₹170 Cr | Satisfied |
To see the full charge records of Manaj Tollway Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Manaj Tollway Private Limited has 10 deals on record (9 funding rounds, 1 secondary share transfer), with disclosed funding of ₹93.95 Cr; the latest was in May 2018.
Deals on record (3 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2012 | Funding round | ₹4.85 Cr | Investors: Man Infraconstruction Limited , Ajwani Infrastructure Private Limited , Manaj Infraconstruction Limited |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: Manaj Infraconstruction Limited Seller: Man Infraconstruction Limited , an individual |
| Dec 2011 | Funding round | ₹10 Lakh | Investors: Man Infraconstruction Limited , Ajwani Infrastructure Private Limited |
To see the full deal history of Manaj Tollway 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
Manaj Tollway Private Limited has 8 court cases on record: 5 filed by Manaj Tollway, 3 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (IPA) | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Inspector General of Registration and Collector of Stamps Pune Through Dy Igr Mumbai | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by The State of Maharashtra Through the Secretary Mantralaya ,Mumbai , Maharashtra | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by The State of Maharashtra Represented by Secretary Public Works Department | Disposed |
To see the full case history of Manaj Tollway 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 Manaj Tollway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manaj Tollway has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Manaj Tollway Private Limited, buy the company report.
Recent activity
Manaj Tollway Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Suketu Ramesh Shah ceased to be Director on 01 Dec 2022.
7 earlier events are in the company report.
News
Frequently asked questions
Manaj Tollway has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Manaj Tollway was a private limited company based in Mumbai, Maharashtra, India. The company worked in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 18 November 2011 and is registered under CIN U70100MH2011PTC224075. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Manaj Tollway was incorporated on 18 November 2011. It is registered with the Registrar of Companies, Mumbai.
Manaj Tollway had 4 directors and KMP:
- Mukesh Mansukhlal Sheth - Director
- Kavita Bhaskar Upadhyay - Director
- Ashok Manharlal Mehta - Director
- Durgesh Suhas Dingankar - Company Secretary
The CIN (Corporate Identification Number) of Manaj Tollway is U70100MH2011PTC224075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Manaj Tollway is at 12th Floor Krushal Commercial Complex G. M. Road Above Shoppers Stop Chembur, West, Mumbai, Maharashtra, India – 400089.
Manaj Tollway can be reached through the website maninfra.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Manaj Tollway on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 June 2024. Year-wise statements from 2015 are in the company report.
No. Manaj Tollway has 1 GST registration on record and it is cancelled or inactive.
Manaj Tollway operated in the infrastructure and utilities industry, in the road and bridge construction segment.
Manaj Tollway has 10 deals on record (9 funding rounds, 1 secondary share transfer), with disclosed funding of ₹93.95 Cr; the latest was in May 2018.