MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0035088
Palghar Road Project Private Limited
Palghar Road Project Private Limited - infrastructure and utilities in Nadiad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.08 Cr
▲ 0.40% YoY
Net profit · FY 2025
₹45.82 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹10.2 Cr
EBITDA margin 78%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹48.75 Lakh
Issued & subscribed
Open charges
₹66.8 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Palghar Road Project Private Limited
Data last updated:
Palghar Road Project Private Limited is a private limited company based in Nadiad, Gujarat, India, a subsidiary of Ghv (India) Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 04 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2018PTC103124. Its GSTIN is 27AAJCP9656M1ZH (Maharashtra).
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹48.75 Lakh. It is led by directors including Amishkumar Surendra Rawal and Bhaveshbhai Chandubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Mangalmurti Complex Near Mahagujarat Hospital College Road, Nadiad, Gujarat, India – 387001.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.08 Cr. For the same year it recorded a net profit of ₹45.82 Lakh (net margin 3.5%) and EBITDA of ₹10.2 Cr (EBITDA margin 78%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹66.8 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Palghar Road Project Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0035088).
Company details
CIN U45200GJ2018PTC103124
Registration Number 103124
Incorporation Date 04 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ghv (India) Private Limited
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0035088
Key People
Amishkumar Surendra Rawal Director Bhaveshbhai Chandubhai Patel Director Alpeshbhai Girishbhai Patel Director Recognitions & Rankings of Palghar Road Project
Contact details
Palghar Road Project Private Limited's registered office is in Nadiad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Mangalmurti Complex Near Mahagujarat Hospital College Road, Nadiad, Gujarat, India – 387001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Palghar Road Project Private Limited, buy the company report.
Comprehensive company report
Palghar Road Project Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Palghar Road Project is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Palghar Road Project Private Limited, buy the company report.
Financials of Palghar Road Project Private Limited
FY 2025 filings availablePalghar Road Project Private Limited reported revenue of ₹13.08 Cr for FY 2025.
Revenue · FY 2025
₹13.08 Cr
Net profit · FY 2025
₹45.82 Lakh margin 3.5%
EBITDA · FY 2025
₹10.2 Cr margin 78%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 43%
5 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 35%
5 years · compounded
▲ 31%
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years. EBITDA rose 21% 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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| Total Expenses | |||||
| EBITDA | ₹10.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.82 Lakh | ||||
| Balance Sheet | |||||
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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 | 78% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Palghar Road Project Private Limited, buy the company report.
Board of directors of Palghar Road Project Private Limited
Palghar Road Project has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amishkumar Surendra Rawal Also directs: Goregaon Done Road Project Private Limited | Director | 03 Apr 2023 | 3 Years 6 Months | Current |
| Bhaveshbhai Chandubhai Patel | Director | 14 Jun 2021 | 5 Years 4 Months | Current |
| Alpeshbhai Girishbhai Patel | Director | 04 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Palghar Road Project Private Limited is audited by MANUBHAI & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANUBHAI & SHAH LLP | FY 2023 | 106041W |
Shareholding
The shareholding of Palghar Road Project 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 Palghar Road Project Private Limited, buy the company report.
Charges & borrowings
Open charges
₹66.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2022 | 100646050 | Sbicap Trustee Company Limited | ₹66.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Palghar Road Project Private Limited has 3 court cases on record: 3 filed by Palghar Road Project. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against The State of Maharashtra | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against The State of Maharashtra | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against The State of Maharashtra | Disposed |
To see the full case history of Palghar Road Project 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 Palghar Road Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palghar Road Project has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP9656M1ZH | Maharashtra | Active | 24 Dec 2018 |
To see the full GST registrations and return filing status of Palghar Road Project Private Limited, buy the company report.
Recent activity
Palghar Road Project Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Alpeshbhai Girishbhai Patel ceased to be Nominee Director on 07 Dec 2025.
Ceased
Alpeshbhai Girishbhai Patel ceased to be Nominee Director.
AGM
Palghar Road Project Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Palghar Road Project Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Amishkumar Surendra Rawal ceased to be Additional Director.
Appointed
Amishkumar Surendra Rawal was appointed as Director.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 6,680.00 Lakh with Charge ID 100646050 was registered on 30 Nov 2022.
Ceased
Bhaveshbhai Chandubhai Patel ceased to be Additional Director.
Ceased
Samrathdan Vaghajibhai Zula ceased to be Nominee Director.
Appointed
Bhaveshbhai Chandubhai Patel was appointed as Director.
Appointed
Alpeshbhai Girishbhai Patel was appointed as Director.
Incorporation
04 Jul 2018
Palghar Road Project Private Limited was registered on 04 Jul 2018 with Roc Ahmedabad & aged 8 years 3 months as per MCA records.
Frequently asked questions
Palghar Road Project is an active private limited company based in Nadiad, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 04 July 2018 (8+ years old) and is registered under CIN U45200GJ2018PTC103124.
Palghar Road Project has 3 current directors:
- Amishkumar Surendra Rawal - Director
- Bhaveshbhai Chandubhai Patel - Director
- Alpeshbhai Girishbhai Patel - Director
The latest financial statements of Palghar Road Project on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Palghar Road Project is 27AAJCP9656M1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palghar Road Project is U45200GJ2018PTC103124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palghar Road Project has 3 court cases on record: 3 filed by the company. 1 is pending.
Palghar Road Project was incorporated on 04 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alpeshbhai Girishbhai Patel ceased to be Nominee Director on 07 Dec 2025. Amishkumar Surendra Rawal ceased to be Additional Director on 29 Sep 2023. Amishkumar Surendra Rawal was appointed as Director on 03 Apr 2023. Palghar Road Project has 7 board changes on record in total.
Yes, Palghar Road Project is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0035088).
The registered office of Palghar Road Project is at 2nd Floor Mangalmurti Complex Near Mahagujarat Hospital College Road, Nadiad, Gujarat, India – 387001.