About Panagarh Palsit Road Limited
Data last updated: 18 February 2026
Panagarh Palsit Road Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Road Transport Limited. It specialises in road and bridge construction, a part of the broader infrastructure and utilities sector. Incorporated on 13 April 2021, the company has been in operation for over 5 years.
Registered with ROC Ahmedabad under CIN U45309GJ2021PTC121969.
Capital: an authorised share capital of ₹150 Cr and a paid-up capital of ₹150 Cr. Formerly known as Panagarh Palsit Road Private Limited. It is led by directors including Manasi Ganesh Rajput and Balaji.
Last AGM: 23 June 2025. Financial statements filed for year ended 31 March 2025. Office: Adani Corporate House Shantigram Nr. Vaishnodevi Circle S.G.Highway Khodiyar, Ahmedabad, Gujarat, India – 382421.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.87 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 15 employees as per the latest available data. It operates as a subsidiary of Adani Road Transport Limited.
As per MCA filings, the company has open charges of ₹1,700 Cr and satisfied charges of ₹116 Cr on record.
For more details, the company can be reached via its website adani.com.
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Registered AddressAdani Corporate House Shantigram Nr. Vaishnodevi Circle S.G.Highway Khodiyar, Ahmedabad, Gujarat, India – 382421
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IndustryInfrastructure and Utilities, Road & Bridge Construction
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Panagarh Palsit Road Limited
Panagarh Palsit Road Limited has one previous CIN (Corporate Identification Number): U45309GJ2021PTC121969. The current CIN is U45309GJ2021PLC121969, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45309GJ2021PLC121969 | Current |
| U45309GJ2021PTC121969 | Previous |
Business Activity of Panagarh Palsit Road Limited
Panagarh Palsit Road Limited is engaged in the principal business activity of construction, with detailed activities including specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities | Locked |
Business activity turnover details for Panagarh Palsit Road Limited
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Auditor Details of Panagarh Palsit Road Limited
Panagarh Palsit Road Limited is audited by S K Patodia & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K Patodia & Associates | Locked | Locked | Locked |
Complete auditor history for Panagarh Palsit Road Limited
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Board of Directors of Panagarh Palsit Road Limited
Panagarh Palsit Road Limited is currently managed by 4 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manasi Ganesh Rajput
Also directs:
Tradechoice Llp, Adani Renewable Energy Fifty Six Limited, Kps1 Transmission Limited and 5 more
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Additional Director | 25 Jul 2025 | 1 Years 0 Months | Current |
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Balaji
Also directs:
Suryapet Khammam Road Private Limited, Hardoi Unnao Road Limited, Adani Road Stpl Limited and 5 more
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Managing Director | 22 Jul 2024 | 2 Years 0 Months | Current |
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Rohit Garg
Also directs:
Adani Road Stpl Limited, Adani Road Gricl Limited, Bilaspur Pathrapali Road Private Limited and 5 more
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Director | 02 Sep 2024 | 1 Years 10 Months | Current |
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Kundan Kishor
Also directs:
Mancherial Repallewada Road Private Limited, Kodad Khammam Road Limited, Prayagraj Water Limited and 5 more
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Additional Director | 25 Jul 2025 | 1 Years 0 Months | Current |
Financials of Panagarh Palsit Road Limited FY 2025 filings available
Panagarh Palsit Road Limited reported revenue of ₹125.87 Cr (up 27400.00% YoY) for FY 2025.
Ten-year financial statements for Panagarh Palsit Road Limited
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Ownership and Shareholding of Panagarh Palsit Road Limited
Shareholding and ownership data for Panagarh Palsit Road Limited
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Group Structure of Panagarh Palsit Road Limited
Panagarh Palsit Road Limited has 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Panagarh Palsit Road Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Panagarh Palsit Road Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2021 | Others | ₹1,700 Cr | Open |
| 09 Dec 2021 | Others | ₹116 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Panagarh Palsit Road Limited
Panagarh Palsit Road Limited has a workforce of 15 employees as of Apr 04, 2024.
Employee and EPFO history for Panagarh Palsit Road Limited
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GST Compliance of Panagarh Palsit Road Limited
GST registrations and filing compliance for Panagarh Palsit Road Limited
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Credit Ratings, Litigation & Regulatory Alerts for Panagarh Palsit Road Limited
Credit ratings, litigation, and regulatory alerts for Panagarh Palsit Road Limited
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MSME Payment Delays by Panagarh Palsit Road Limited
MSME payment history for Panagarh Palsit Road Limited
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Subsidiaries & Group Companies of Panagarh Palsit Road Limited
Corporate group structure for Panagarh Palsit Road Limited
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MCA Filings & Documents of Panagarh Palsit Road Limited
MCA filings and documents for Panagarh Palsit Road Limited
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Recent Activity on Panagarh Palsit Road Limited
Frequently Asked Questions about Panagarh Palsit Road Limited
Panagarh Palsit Road Limited is an active public limited company in the infrastructure and utilities sector based in Ahmedabad, Gujarat, India. It was incorporated on 13 April 2021 (5+ years old) and is registered under CIN U45309GJ2021PLC121969. The company has 15 employees.
Panagarh Palsit Road Limited reported revenue of ₹125.87 Cr for FY 2025 (up 27400.00% YoY).
The current directors of Panagarh Palsit Road Limited are:
- Manasi Ganesh Rajput - Additional Director
- Balaji - Managing Director
- Rohit Garg - Director
- Kundan Kishor - Additional Director
The primary industry of Panagarh Palsit Road Limited is infrastructure and utilities. The company specifically operates in road and bridge construction. The company is currently active in this sector.
Panagarh Palsit Road Limited can be reached at the registered office: Adani Corporate House Shantigram Nr. Vaishnodevi Circle S.G.Highway Khodiyar, Ahmedabad, Gujarat, India – 382421, or through the website adani.com.
The authorised capital is ₹150 Cr, and the paid-up capital is ₹150 Cr.