Orissa Steel Expressway Private Limited
About Orissa Steel Expressway Private Limited
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Orissa Steel Expressway Private Limited is a private limited company based in Bhubaneswar, Odisha, India, a subsidiary of Bharat Road Network Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 10 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45400OR2010PTC014681. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹136 Cr and a paid-up capital of ₹78.37 Cr. It is led by directors including Manta Dey and Munayagari Rajesh Chintakunta.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. – 234 Das Tower Cuttack Road Laxmi Sagar Area Opp. Bandhan Bank, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.18 Cr. For the same year it recorded a net loss of ₹15.9 Lakh (net margin -5%) and EBITDA of -₹3.34 Cr (EBITDA margin -105%). Revenue has grown at a compounded annual rate (CAGR) of 260% over three years and 277% over five years.
As per MCA filings, the company has satisfied charges of ₹407.1 Cr on record. Court records list 25 cases involving the company, including 4 filed by the company and 21 filed against it; 14 cases are pending. The company has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹78.36 Cr; the latest was in September 2018. Its 10 peer companies in the Infrastructure industry (Roads and Bridges, Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Salasar Wires and Strips Private Limited with revenue of ₹3.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Orissa Steel Expressway has one previous CIN (Corporate Identification Number): U45400WB2010PTC150337. The current CIN is U45400OR2010PTC014681, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400OR2010PTC014681 | Current |
| U45400WB2010PTC150337 | Previous |
Contact details
Orissa Steel Expressway Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. – 234 Das Tower Cuttack Road Laxmi Sagar Area Opp. Bandhan Bank, Bhubaneswar, Odisha, India – 751006
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Orissa Steel Expressway 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 Orissa Steel Expressway Private Limited
FY 2025 filings availableOrissa Steel Expressway Private Limited reported revenue of ₹3.18 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 277% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.9 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -105% | ||||
| Net Profit Margin | -5% | ||||
| 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 Orissa Steel Expressway Private Limited, buy the company report.
Board of directors of Orissa Steel Expressway Private Limited
Orissa Steel Expressway has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manta Dey | Director | 01 Jul 2024 | 2 Years 4 Months | Current |
| Munayagari Rajesh Chintakunta | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Anirup Sen | Director | 27 Dec 2025 | 0 Years 10 Months | Current |
| Subbarami Reddy Burla Also directs: Amr Agro Farms Private Limited, Rajbar Mining Limited, Jawai Energy PSP Private Limited and 5 more | Director | 05 Feb 2021 | 5 Years 9 Months | Current |
| Darban Singh Nayal | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Jaydeep Chakraborty | Additional Director | 21 May 2026 | 0 Years 5 Months | Current |
Peer comparison
Orissa Steel Expressway Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges, Steel), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Salasar Wires and Strips Private Limited | ₹3.2 Cr (FY 2025) | 73.0% | Delhi, India | |||
| Shekhawat Engineering Private Limited | ₹3.2 Cr (FY 2025) | -10.0% | Hyderabad, Telangana, India | |||
| Real Ispat and Energy Private Limited | ₹3.2 Cr (FY 2024) | 4134.0% | Raipur, Chhattisgarh, India | |||
| Magnus Steel and Infra Limited | ₹3.19 Cr (FY 2025) | 379.0% | Nashik, Maharashtra, India | |||
| Suprabha Construction Company Private Limited | ₹3.19 Cr (FY 2021) | -40.0% | Nashik, Maharashtra, India | |||
| Orissa Steel Expressway Private Limitedthis company | ₹3.18 Cr (FY 2025) | -₹15.9 Lakh | -5% | Bhubaneswar, Odisha, India | ||
| North East Meditech Private Limited | ₹3.18 Cr (FY 2025) | -7.0% | Patna, Bihar, India | |||
| Steellord Engineering Private Limited | ₹3.18 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Cemac Construction Private Limited | ₹3.17 Cr (FY 2025) | -66.0% | Kolkata, West Bengal, India | |||
| Bhuwalka Steel Industries Limited | ₹3.17 Cr (FY 2025) | -66.0% | Bangalore, Karnataka, India | |||
| JSW Jfe Electrical Steel Nashik Private Limited | ₹3.17 Cr (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Orissa Steel Expressway Private Limited, buy the company report.
Auditor
Orissa Steel Expressway Private Limited is audited by Burman Singh & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Burman Singh & Associates | FY 2025 | 326113E |
Shareholding
The shareholding of Orissa Steel Expressway Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orissa Steel Expressway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2011 | 10284859 | Axis Trustee Services Limited | ₹407.1 Cr | Satisfied |
To see the full charge records of Orissa Steel Expressway Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Orissa Steel Expressway Private Limited has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹78.36 Cr; the latest was in September 2018.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Amr India Limited Seller: Mbl Infastructures Limited |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Bharat Road Network Limited Seller: Srei Infrastructure Finance Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Bharat Road Network Limited Seller: Srei Infrastructure Finance Limited |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Srei Infrastructure Finance Limited Seller: Srei Alternative Investment Managers |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Srei Infrastructure Finance Limited Seller: Srei Alternative Investment Managers |
To see the full deal history of Orissa Steel Expressway 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
Orissa Steel Expressway Private Limited has 25 court cases on record: 4 filed by Orissa Steel Expressway, 21 filed against it. 14 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 13 | 13 | 11 |
| High courts | 11 | 8 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by MBL Infrastructure Ltd. | Pending |
| NCLAT, Court II | Tribunal matter | Filed against the company by MBL Infrastructure Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by MBL Infrastructure Ltd. | Pending |
| Calcutta High Court | Court case (CO) | Filed against the company by Amr India Limited | Disposed |
| High Court | Court case (AP-COM) | Filed against the company by Srei Infrastructure Finance Limited and Anr. Sanjay Ginodia | Disposed |
To see the full case history of Orissa Steel Expressway 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 Orissa Steel Expressway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Orissa Steel Expressway 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 Orissa Steel Expressway Private Limited, buy the company report.
Recent activity
Orissa Steel Expressway Private Limited has 29 board changes on record since 2012: 9 appointments and 20 cessations. The latest: Jaydeep Chakraborty was appointed as Additional Director on 21 May 2026.
23 earlier events are in the company report.
Frequently asked questions
Orissa Steel Expressway is an active private limited company based in Bhubaneswar, Odisha, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 10 June 2010 (16+ years old) and is registered under CIN U45400OR2010PTC014681.
Orissa Steel Expressway has 6 current directors:
- Manta Dey - Director
- Munayagari Rajesh Chintakunta - Director
- Anirup Sen - Director
- Subbarami Reddy Burla - Director
- Darban Singh Nayal - Director
- Jaydeep Chakraborty - Additional Director
The latest financial statements of Orissa Steel Expressway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
No. Orissa Steel Expressway has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Orissa Steel Expressway is U45400OR2010PTC014681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orissa Steel Expressway has 25 court cases on record: 4 filed by the company and 21 filed against it. 14 are pending. Most are in the nclat.
Orissa Steel Expressway was incorporated on 10 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Orissa Steel Expressway has 12 deals on record (9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹78.36 Cr; the latest was in September 2018.
The peers of Orissa Steel Expressway by revenue are Salasar Wires and Strips Private Limited, Shekhawat Engineering Private Limited, Real Ispat and Energy Private Limited, Magnus Steel and Infra Limited, Suprabha Construction Company Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges, Steel).
Jaydeep Chakraborty was appointed as Additional Director on 21 May 2026. Anirup Sen was appointed as Director on 27 Dec 2025. Subhrajeet Choudhury ceased to be Additional Director on 16 Sep 2025. Orissa Steel Expressway has 29 board changes on record in total.
The registered office of Orissa Steel Expressway is at Plot No. – 234 Das Tower Cuttack Road Laxmi Sagar Area Opp. Bandhan Bank, Bhubaneswar, Odisha, India – 751006.
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