About Arss Infrastructure Projects Limited
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Arss Infrastructure Projects Limited is a public limited company based in Khurda, Odisha, 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 road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 17 May 2000.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN L14103OR2000PLC006230. Its GSTIN is 21AADCA4203D1ZO (Odisha). The company holds 18 GST registrations, of which 10 are active. Its shares are listed on BSE: 533163 and NSE: ARSSINFRA.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹22.74 Cr. It was formerly known as Arss Infrastructure Projects Private Limited and Arss Stones Private Limited. It is led by directors including Rajesh Agarwal (Managing Director) and Subash Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No 38 Sector A Zone Dmancheswar Indl Estate Bbsr, Khurda, Odisha, India – 751010.
As per the financials filed for FY 2025, the company reported a revenue of ₹171.72 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹7.77 Cr (net margin -4.5%) and EBITDA of -₹6.95 Cr (EBITDA margin -4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The company has about 201 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: ARSS. As per MCA filings, the company has open charges of ₹6,376.12 Cr and satisfied charges of ₹245.48 Cr on record. Court records list 583 cases involving the company, including 249 filed by the company and 334 filed against it; 126 cases are pending. The company has 171 deals on record (161 market trades, 8 funding rounds, 1 ipo), with disclosed funding of ₹127.25 Cr; the latest was in January 2022. Its 3 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 1 larger and 2 smaller; the largest is Bucon Engineers & Infrastructure Private Limited with revenue of ₹173.65 Cr.
The last known website on record is arssgroup.in.
Company details
Name history
Arss Infrastructure Projects has undergone 2 name changes throughout its history. The company was previously known as Arss Infrastructure Projects Private Limited, and Arss Stones Private Limited. The current legal name is Arss Infrastructure Projects Limited.
| Company Name | Status |
|---|---|
| Arss Infrastructure Projects Limited | Current |
| Arss Infrastructure Projects Private Limited | Previous |
| Arss Stones Private Limited | Previous |
CIN history
Arss Infrastructure Projects has one previous CIN (Corporate Identification Number): U14103OR2000PLC006230. The current CIN is L14103OR2000PLC006230, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L14103OR2000PLC006230 | Current |
| U14103OR2000PLC006230 | Previous |
Contact details
Arss Infrastructure Projects Limited's registered office is in Khurda, Odisha. Its website is arssgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 38 Sector A Zone Dmancheswar Indl Estate Bbsr, Khurda, Odisha, India – 751010
- IndustryInfrastructure and Utilities, Road & Bridge Construction, Railway Infrastructure Development
To see the full contact details of Arss Infrastructure Projects 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
Arss Infrastructure Projects operates one associated brand: ARSS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Civil engineering and construction services for infrastructure projects are offered. | arssgroup.in |
Business activity
The main business activity of Arss Infrastructure Projects 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 Arss Infrastructure Projects Limited, buy the company report.
Financials of Arss Infrastructure Projects Limited
FY 2022 filings availableArss Infrastructure Projects Limited reported revenue of ₹171.72 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 49% fall in the latest year. EBITDA rose 79% 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 | -₹6.95 Cr | ||||
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| Net Profit (PAT) | -₹7.77 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 | -4% | ||||
| Net Profit Margin | -4.5% | ||||
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To see the full financial statements and ratios of Arss Infrastructure Projects Limited, buy the company report.
Board of directors and KMP of Arss Infrastructure Projects Limited
Arss Infrastructure Projects Limited currently reports 3 directors and 2 key managerial personnel. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chhajer Also directs: PC Corporate Advisors Private Limited | Company Secretary | 28 May 2019 | 7 Years 4 Months | As last reported |
| Rajesh Agarwal | Managing Director | 17 May 2000 | 26 Years 5 Months | As last reported |
| Subash Agarwal | Whole-Time Director | 05 Nov 2007 | 18 Years 11 Months | As last reported |
| Pareswar Panda | Director | 09 Aug 2017 | 9 Years 2 Months | As last reported |
| Soumendra Keshari Pattanaik Also directs: Arss Damoh - Hirapur Tolls Private Limited | Cfo | 31 Mar 2015 | 11 Years 6 Months | As last reported |
Peer comparison
Arss Infrastructure Projects Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), 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 |
|---|---|---|---|---|---|---|
| Bucon Engineers & Infrastructure Private Limited | ₹173.65 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Arss Infrastructure Projects Limited this company | ₹171.72 Cr (FY 2025) | -₹7.77 Cr | -4.5% | -49.0% | 201 | Khurda, Odisha, India |
| Shristi Developers Private Limited | ₹171.62 Cr (FY 2025) | -4.0% | Patna, Bihar, India | |||
| P.Venkata Ramanaiah Engineers & Contractors Private Limited | ₹171.53 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Arss Infrastructure Projects Limited, buy the company report.
Auditor
Arss Infrastructure Projects Limited is audited by ARMS & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARMS & ASSOCIATES | FY 2022 | 013019N |
Shareholding
The shareholding of Arss Infrastructure Projects Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arss Infrastructure Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2015 | 100029606 | Others | ₹64.3 Cr | Open | |
| 22 Sep 2015 | 10622920 | Srei Equipment Finance Limited | ₹20 Cr | Open | |
| 12 Mar 2015 | 10578017 | Punjab National Bank | ₹5 Cr | Open | |
| 27 Jan 2015 | 10545453 | Others | ₹5 Cr | Open | |
| 01 Jun 2013 | 10430587 | Others | ₹1,733.41 Cr | Open |
To see the full charge records of Arss Infrastructure Projects Limited, buy the company report.
Total charge records: 123 View all charges
Deals & funding
Arss Infrastructure Projects Limited has 171 deals on record (161 market trades, 8 funding rounds, 1 ipo), with disclosed funding of ₹127.25 Cr; the latest was in January 2022.
Deals on record (5 of 171)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Sidhant Financial Services Ltd , 3 individuals |
| Dec 2017 | Market trade | ₹1.13 Cr | Buyer: Graviton Research Capital LLP , BP Comtrade Private Limited Seller: Graviton Research Capital LLP , BP Comtrade Private Limited |
| Nov 2017 | Market trade | ₹2.72 Cr | Buyer: J M Global Equities Private Limited , 2 individuals Seller: J M Global Equities Private Limited , 2 individuals |
| Nov 2017 | Market trade | ₹38.5 Lakh | Buyer: Lydia Construction Private Limited Seller: Lydia Construction Private Limited |
| Oct 2017 | Market trade | ₹1.42 Cr | Buyer: Silver Stream Equities Private Limited Seller: Silver Stream Equities Private Limited |
To see the full deal history of Arss Infrastructure Projects 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
Arss Infrastructure Projects Limited has 583 court cases on record: 249 filed by Arss Infrastructure Projects, 334 filed against it. 126 cases are pending and 457 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 293 | 92 | 27 |
| District courts | 278 | 232 | 98 |
| NCLAT | 7 | 6 | 0 |
| Supreme Court | 4 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 583)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed against the company by M/S. D.D. Builders Ltd.,Bhubaneswar | Pending |
| District court, Bokaro, Jharkhand | Arbitration matter | Filed by the company against Steel Authority of India Limited (Sail), Bokaro Steel Plant Through Its the Chairman and Anr. | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Rail Vikas Nigam Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Ocean Capital Market Limited and 1 other | Pending |
| High Court | Writ petition | Filed by the company against NMDC Ltd. and 3 others | Pending |
To see the full case history of Arss Infrastructure Projects 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 Arss Infrastructure Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Arss Infrastructure Projects has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Arss Damoh - Hirapur Tolls Private Limited | U45201OR2011PTC013524 |
To see the full group structure of Arss Infrastructure Projects Limited, buy the company report.
Employees & EPFO
Arss Infrastructure Projects Limited has a workforce of 201 employees on its EPFO records as of Mar 28, 2024, across 5 active EPFO establishments.
GST
Arss Infrastructure Projects has 18 GST registrations: 10 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCA4203D1ZO | Odisha | Active | 01 Jul 2017 |
| 08AADCA4203D1ZC | Rajasthan | Active | 01 Jul 2017 |
| 15AADCA4203D1ZH | Mizoram | Active | 01 Jul 2017 |
| 20AADCA4203D1ZQ | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arss Infrastructure Projects Limited, buy the company report.
Recent activity
Arss Infrastructure Projects Limited has 51 board changes on record since 2000: 28 appointments and 23 cessations. The latest: Rajender Parshad Indoria ceased to be Director on 01 Apr 2024.
270 earlier events are in the company report.
News
Frequently asked questions
Arss Infrastructure Projects 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.
Arss Infrastructure Projects is a company under insolvency, formerly operating as a public limited company based in Khurda, Odisha, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 17 May 2000 and is registered under CIN L14103OR2000PLC006230. Listed on BSE: 533163 and NSE: ARSSINFRA. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Arss Infrastructure Projects has 5 current directors and KMP:
- Rajesh Agarwal - Managing Director
- Subash Agarwal - Whole-Time Director
- Pareswar Panda - Director
- Prakash Chhajer - Company Secretary
- Soumendra Keshari Pattanaik - Cfo
The latest financial statements of Arss Infrastructure Projects on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Arss Infrastructure Projects is L14103OR2000PLC006230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Arss Infrastructure Projects is listed on both BSE (code: 533163) and NSE (symbol: ARSSINFRA).
Arss Infrastructure Projects has open charges of ₹6,376.12 Cr and satisfied charges of ₹245.48 Cr as per latest MCA filings.
Arss Infrastructure Projects has 583 court cases on record: 249 filed by the company and 334 filed against it. 126 are pending. Most are in the high courts.
Arss Infrastructure Projects was incorporated on 17 May 2000. It is registered with the Registrar of Companies, Cuttack.
Arss Infrastructure Projects has 171 deals on record (161 market trades, 8 funding rounds, 1 ipo), with disclosed funding of ₹127.25 Cr; the latest was in January 2022.
The peers of Arss Infrastructure Projects by revenue are Bucon Engineers & Infrastructure Private Limited, Shristi Developers Private Limited, P.Venkata Ramanaiah Engineers & Contractors Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).