About Panipat Elevated Corridor Private Limited
Data last updated: 06 February 2026
Panipat Elevated Corridor Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India, a subsidiary of L&T Infrastructure Development Projects Limited. It specialises in road and bridge construction, a part of the broader infrastructure and utilities sector. Incorporated on 21 July 2005, the company has been in operation for over 21 years.
Registered with ROC Chennai under CIN U45203TN2005PLC056999.
Capital: an authorised share capital of ₹145 Cr and a paid-up capital of ₹30.05 Cr. Formerly known as L & T Panipat Elevated Corridor Limited and Panipat Elevated Corridor Private Limited. It is led by directors including Sandip Das and Pramod Mulchand Sharma.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 4Th Floor Tower B Commerzone It Park, 4Th Floor Tower B Commerzone It Park, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹113.14 Cr, a growth of 3% compared to the previous year.
It operates as a subsidiary of L&T Infrastructure Development Projects Limited.
The company is associated with 1 brand - L&T Idpl. As per MCA filings, the company has satisfied charges of ₹545.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lntidpl.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address4Th Floor Tower B Commerzone It Park, Mount Ponnamallee Road Porur Chennai – 600116 Tamil Nadu India, Sriperumbudur, Tamil Nadu, India – 600116
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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
Name History of Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited has undergone 2 name changes throughout its history. The company was previously known as L & T Panipat Elevated Corridor Limited, and Panipat Elevated Corridor Private Limited. The current legal name is Panipat Elevated Corridor Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Panipat Elevated Corridor Private Limited | Current |
| L & T Panipat Elevated Corridor Limited | Previous |
CIN History of Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited has one previous CIN (Corporate Identification Number): U45203TN2005PLC056999. The current CIN is U45203TN2005PTC056999, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45203TN2005PTC056999 | Current |
| U45203TN2005PLC056999 | Previous |
Associated Brands with Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited operates one associated brand: L&T IDPL. These brands represent Panipat Elevated Corridor Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Real estate and transmission infrastructure are developed by L&T IDPL. | lntidpl.com |
Competitors & Alternatives of Panipat Elevated Corridor Private Limited
Brands and companies operating in the same space as Panipat Elevated Corridor Private Limited include Ampin Energy Transition, Everrenew, Winsol and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Ampin Energy Transition
|
Developer of utility scale solar and wind power projects | Delhi, India, India | 2016 |
Everrenew
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Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions | Chennai, India, India | 2019 |
Winsol
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Sustainable wind power solutions are provided by Winsol. | Jamnagar, India, India | 2015 |
Alfa Infraprop
|
Solar and wind energy projects are developed by the company. | Mumbai, India, India | 2008 |
Bhoruka Power
|
Developer of renewable energy projects | Bengaluru, India, India | 1986 |
Kshema Power and Infrastructure
|
Develops utility-scale power and infrastructure projects for energy solutions. | Chennai, India, India | 1998 |
Enerfra
|
Renewable energy firm offering EPC, grid consulting, and asset management services. | Bengaluru, India, India | 2013 |
Business Activity of Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | ********* |
Auditor Details of Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited is audited by Gianender & 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 |
|---|---|---|---|
| Gianender & Associates | blur-value | blur-value | blur-value |
Board of Directors of Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited is currently managed by 3 directors, with 23 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 |
|---|---|---|---|---|
|
Sandip Das
Also directs:
Jorabat Shillong Expressway Limited, Srpl Roads Private Limited, Epic Concesiones 5 Private Limited and 5 more
|
Director | 11 Apr 2024 | 2 Years 2 Months | Current |
| Pramod Mulchand Sharma | Director | 11 Apr 2024 | 2 Years 2 Months | Current |
|
Esther Malini
Also directs:
Neelambur Madukkarai Tollway Private Limited, Ahmedabad - Maliya Tollway Private Limited, Png Tollway Limited and 3 more
|
Director | 27 Mar 2015 | 11 Years 3 Months | Current |
Financials of Panipat Elevated Corridor Private Limited FY 2025 filings available
Panipat Elevated Corridor Private Limited reported revenue of ₹113.14 Cr (up 3% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
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| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
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| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
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| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
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| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
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| Total Assets | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
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| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
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| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Panipat Elevated Corridor Private Limited
As of FY 2023, Panipat Elevated Corridor Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Panipat Elevated Corridor Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2012 | Idbi Trusteeship Services Limited | ₹250 Cr | Satisfied |
| 29 Dec 2005 | State Bank of India | ₹295.05 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Panipat Elevated Corridor Private Limited
View historical data on people associated with Panipat Elevated Corridor Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Panipat Elevated Corridor Private Limited
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GST Compliance of Panipat Elevated Corridor Private Limited
GSTIN & GST Filing Data of Panipat Elevated Corridor Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Panipat Elevated Corridor Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Panipat Elevated Corridor Private Limited
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MSME Payment Delays by Panipat Elevated Corridor Private Limited
MSME Payment Delays by Panipat Elevated Corridor Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Panipat Elevated Corridor Private Limited
Subsidiaries & Group Companies of Panipat Elevated Corridor Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Panipat Elevated Corridor Private Limited with ownership details.
MCA Filings & Documents of Panipat Elevated Corridor Private Limited
MCA Filings & Documents of Panipat Elevated Corridor Private Limited
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Recent Activity on Panipat Elevated Corridor Private Limited
Recent News on Panipat Elevated Corridor Private Limited
Frequently Asked Questions about Panipat Elevated Corridor Private Limited
Panipat Elevated Corridor Private Limited is an active private limited company in the infrastructure and utilities sector based in Sriperumbudur, Tamil Nadu, India. It was incorporated on 21 July 2005 (21+ years old) and is registered under CIN U45203TN2005PTC056999.
Panipat Elevated Corridor Private Limited reported revenue of ₹113.14 Cr for FY 2025 (up 3.00% YoY).
The current directors of Panipat Elevated Corridor Private Limited are:
The primary industry of Panipat Elevated Corridor Private Limited is infrastructure and utilities. The company specifically operates in road and bridge construction. The company is currently active in this sector.
Panipat Elevated Corridor Private Limited can be reached at the registered office: 4Th Floor Tower B Commerzone It Park, Mount Ponnamallee Road Porur Chennai – 600116 Tamil Nadu India, Sriperumbudur, Tamil Nadu, India – 600116, or through the website lntidpl.com.
The authorised capital is ₹145 Cr, and the paid-up capital is ₹30.05 Cr.