About Backbone Projects Limited
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Backbone Projects Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U92199GJ1995PLC028326. Its GSTIN is 08AABCB1582E1ZZ (Rajasthan). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.55 Cr. It was formerly known as Backbone Projects Private Limited. It is led by directors including Sonalben Jayantibhai Jakasania (Whole-Time Director) and Jayantilal Mahadev Jakasania (Person Incharge).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 'Dhanvir' Nr. Ekta Jalaram Pl – 2st – 9 University Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2025, the company reported a revenue of ₹20 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹75.58 Lakh (net margin 3.8%) and EBITDA of ₹99.61 Lakh (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 12% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.67 Cr and satisfied charges of ₹96.53 Cr on record. Court records list 117 cases involving the company, including 59 filed by the company and 58 filed against it; 15 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2007.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website backboneprojects.com.
Company details
Contact details
Backbone Projects Limited's registered office is in Rajkot, Gujarat. Its website is backboneprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address'Dhanvir' Nr. Ekta Jalaram Pl – 2st – 9 University Road, Rajkot, Gujarat, India – 360005
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Backbone 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
Business activity
The main business activity of Backbone 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 Backbone Projects Limited, buy the company report.
Financials of Backbone Projects Limited
FY 2024 filings availableBackbone Projects Limited reported revenue of ₹20 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 11% fall in the latest year. EBITDA rose 706% 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 | ₹99.61 Lakh | ||||
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| Net Profit (PAT) | ₹75.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 5% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of Backbone Projects Limited, buy the company report.
Board of directors of Backbone Projects Limited
Backbone Projects has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Mahadev Jakasania Also directs: Vogue Infratech Private Limited, Karnavati Club Limited | Person Incharge | 30 Apr 2004 | 22 Years 5 Months | Current |
| Sonalben Jayantibhai Jakasania Also directs: Vogue Infratech Private Limited | Whole-Time Director | 20 Mar 1998 | 28 Years 7 Months | Current |
| Vasant Valamji Chadmiya | Director | 13 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Backbone Projects Limited is audited by RANAVAYA&Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANAVAYA&Co. | FY 2023 | 108620W |
Shareholding
The shareholding of Backbone Projects 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Backbone Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 1999 | 90110009 | Others | ₹31.67 Cr | Open | |
| 01 May 2011 | 10285668 | Srei Equipment Finance Private Limited | ₹18 Lakh | Satisfied | |
| 28 Dec 2010 | 10261701 | Bank of Baroda | ₹4.57 Lakh | Satisfied | |
| 13 Dec 2010 | 10260570 | Bank of Baroda | ₹9.2 Lakh | Satisfied | |
| 05 Dec 2010 | 10256539 | Srei Equipment Finance Private Limited | ₹22.9 Lakh | Satisfied |
To see the full charge records of Backbone Projects Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
Backbone Projects Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2007.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Backbone Projects Limited has 117 court cases on record: 59 filed by Backbone Projects, 58 filed against it. 15 cases are pending and 102 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 78 | 23 | 1 |
| District courts | 31 | 30 | 14 |
| Supreme Court | 8 | 5 | 0 |
Cases on record (5 of 117)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Pvt. Ltd. | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by N.G. Projects Ltd. | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Tarmat Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Tarmat Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by N G Projects Limited | Disposed |
To see the full case history of Backbone 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.
Credit ratings & regulatory alerts
Backbone Projects Limited was last rated by Care on 28 Nov 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Nov 2025 |
To see the full credit ratings and regulatory alerts of Backbone Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Backbone Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Backbone Projects has 3 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Backbone Projects Limited has a workforce of 11 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Backbone Projects has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCB1582E1ZZ | Rajasthan | Active | 01 Jul 2017 |
| 26AABCB1582E1Z1 | Dadra and Nagar Haveli and Daman and Diu | Active | 22 Feb 2018 |
| 37AABCB1582E2ZX | Andhra Pradesh | Active | 19 Mar 2021 |
To see the full GST registrations and return filing status of Backbone Projects Limited, buy the company report.
Recent activity
Backbone Projects Limited has 8 board changes on record since 1998: 3 appointments and 5 cessations. The latest: Vasant Valamji Chadmiya ceased to be Additional Director on 30 Nov 2021.
102 earlier events are in the company report.
Frequently asked questions
Backbone Projects is an active public limited company based in Rajkot, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 December 1995 (31+ years old) and is registered under CIN U92199GJ1995PLC028326.
Backbone Projects has 3 current directors:
- Sonalben Jayantibhai Jakasania - Whole-Time Director
- Vasant Valamji Chadmiya - Director
- Jayantilal Mahadev Jakasania - Person Incharge
The latest financial statements of Backbone Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Backbone Projects is 08AABCB1582E1ZZ, registered in Rajasthan. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 26AABCB1582E1Z1 (Dadra and Nagar Haveli and Daman and Diu), 37AABCB1582E2ZX (Andhra Pradesh).
The CIN (Corporate Identification Number) of Backbone Projects is U92199GJ1995PLC028326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Backbone Projects has 117 court cases on record: 59 filed by the company and 58 filed against it. 15 are pending. Most are in the high courts.
Backbone Projects was incorporated on 06 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Backbone Projects has 1 deal on record (1 secondary share transfer); the latest was in March 2007.
Vasant Valamji Chadmiya ceased to be Additional Director on 30 Nov 2021. Nileshbhai Khimajibhai Patel ceased to be Director on 13 Jan 2021. Vasant Valamji Chadmiya was appointed as Director on 13 Jan 2021. Backbone Projects has 8 board changes on record in total.
Backbone Projects can be reached through the website backboneprojects.com. Its registered office is in Rajkot, Gujarat, India.