About Pune Solapur Expressways Private Limited
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Pune Solapur Expressways Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 20 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74120PN2009PTC164629. Its GSTIN is 27AAFCP0158C1ZR (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.77 Cr. It is led by directors including Ivan Giacoppo and Roberto Mengucci.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Patas Plaza Km65 NH 65 (Old NH 9) Taluka Daund, Pune, Maharashtra, India – 412219.
As per the financials filed for FY 2025, the company reported a revenue of ₹294.17 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹96.12 Cr (net margin 32.7%) and EBITDA of ₹243.47 Cr (EBITDA margin 82.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹711 Cr and satisfied charges of ₹2,361.01 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 4 cases are pending. The company has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹205.98 Cr; the latest was in June 2011. Its 10 peer companies in the Infrastructure industry (Roads and Bridges) are compared by revenue, 5 larger and 5 smaller; the largest is NCC Infraspace Private Limited with revenue of ₹297.98 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website psepl.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPatas Plaza Km65 NH 65 (Old NH 9) Taluka Daund, Pune, Maharashtra, India – 412219
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Business Activity of Pune Solapur Expressways Private Limited
The main business activity of Pune Solapur Expressways is construction. In detail, this covers 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pune Solapur Expressways Private Limited FY 2025 filings available
Pune Solapur Expressways Private Limited reported revenue of ₹294.17 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pune Solapur Expressways Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA rose 10% 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 of Pune Solapur Expressways Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹243.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96.12 Cr | •••• | •••• | •••• | •••• |
| 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 of Pune Solapur Expressways Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pune Solapur Expressways are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pune Solapur Expressways Private Limited
Pune Solapur Expressways Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NCC Infraspace Private Limited | ₹297.98 Cr (FY 2023) | •••• | •••• | 17.0% | •••• | Mehsana, Gujarat, India |
| H.G. Khammam Devarapalle Pkg-1 Private Limited | ₹296.42 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Jodhpur, Rajasthan, India |
| Montecarlo Bangalore Chennai Expressway P2p1 Private Limited | ₹296.38 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| Irb Hapur Moradabad Tollway Limited | ₹296.3 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| GR Yamuna Bridge Highway Private Limited | ₹295.53 Cr (FY 2025) | •••• | •••• | 182327.0% | •••• | Udaipur, Rajasthan, India |
| Pune Solapur Expressways Private Limited this company | ₹294.17 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Pune, Maharashtra, India |
| Ram Van Gaman Path Private Limited | ₹294.1 Cr (FY 2025) | •••• | •••• | 183.0% | •••• | New Delhi, Delhi, India |
| Bengaluru-Vijayawada Expressway Package-4 Limited | ₹294.03 Cr (FY 2025) | •••• | •••• | 592.0% | •••• | Bhopal, Madhya Pradesh, India |
| B N A Infrastructure Private Limited | ₹293.75 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Bhusawal, Maharashtra, India |
| Vadodara Mumbai Expressway PKG 10 Private Limited | ₹293.75 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Pune, Maharashtra, India |
| Samkhiali Bhachau Gandhidham Tollway Private Limited | ₹292.74 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Sriperumbudur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Pune Solapur Expressways by revenue in the Infrastructure industry (Roads and Bridges), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pune Solapur Expressways Private Limited
Pune Solapur Expressways Private Limited is audited by Gianender & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gianender & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pune Solapur Expressways Private Limited
Pune Solapur Expressways has 6 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ivan Giacoppo | Director | 17 Jun 2015 | 11 Years 3 Months | Current |
| Roberto Mengucci | Director | 26 Mar 2009 | 17 Years 6 Months | Current |
| Alok Kapoor | Additional Director | 05 May 2025 | 1 Years 5 Months | Current |
| Rajesh Sirohia | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
| Neha Anand Pandit Also directs: Durg Shivnath Expressways Private Limited, Uchit Expressways Private Limited, Hampi Expressways Private Limited and 3 more | Additional Director | 29 Apr 2025 | 1 Years 5 Months | Current |
| Massimo Di Casola | Director | 28 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Pune Solapur Expressways Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pune Solapur Expressways Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹711 Cr | Open |
| 12 Dec 2020 | Idbi Trusteeship Services Limited | ₹358.7 Cr | Satisfied |
| 16 Jul 2015 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied |
| 16 Jul 2015 | Idbi Trusteeship Services Limited | ₹787.81 Cr | Satisfied |
| 14 Jun 2010 | Axis Bank Limited | ₹55.5 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Pune Solapur Expressways Private Limited
Pune Solapur Expressways Private Limited has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹205.98 Cr; the latest was in June 2011.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2011 | Funding round | ₹64.26 Cr | Investors: Tril Roads Private Limited , an individual |
| Sep 2009 | Funding round | ₹141.72 Cr | Investors: Tril Roads Private Limited , an individual |
| Mar 2009 | Acquisition | Undisclosed | Buyer: Tril Roads Private Limited Seller: 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pune Solapur Expressways Private Limited
Pune Solapur Expressways Private Limited has 10 court cases on record: 8 filed by Pune Solapur Expressways, 2 filed against it. 4 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 4 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Union of India | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 2 Pune | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by National Highways Authority of India | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against National Highway Authority of India | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Pune Solapur Expressways Private Limited
Pune Solapur Expressways Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Sheetal Wireless Technologies Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Pune Solapur Expressways Private Limited
Employment history and EPFO contributions of people linked to Pune Solapur Expressways.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Pune Solapur Expressways Private Limited
Pune Solapur Expressways has one previous CIN (Corporate Identification Number): U74120DL2009PTC188631. The current CIN is U74120PN2009PTC164629, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120PN2009PTC164629 | Current |
| U74120DL2009PTC188631 | Previous |
Recent Activity on Pune Solapur Expressways Private Limited
Pune Solapur Expressways Private Limited has 30 board changes on record since 2009: 6 appointments and 24 cessations. The latest: Alok Kapoor was appointed as Additional Director on 05 May 2025.
36 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pune Solapur Expressways Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pune Solapur Expressways Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pune Solapur Expressways Private Limited
Pune Solapur Expressways has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP0158C1ZR | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pune Solapur Expressways Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pune Solapur Expressways Private Limited
Pune Solapur Expressways is an active private limited company based in Pune, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 20 March 2009 (17+ years old) and is registered under CIN U74120PN2009PTC164629.
Pune Solapur Expressways reported revenue of ₹294.17 Cr for FY 2025 (up 8% YoY).
Pune Solapur Expressways has 6 current directors:
- Ivan Giacoppo - Director
- Roberto Mengucci - Director
- Alok Kapoor - Additional Director
- Rajesh Sirohia - Director
- Neha Anand Pandit - Additional Director
- Massimo Di Casola - Director
Pune Solapur Expressways reported a net profit of ₹96.12 Cr (net margin 32.7%) and EBITDA of ₹243.47 Cr (EBITDA margin 82.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pune Solapur Expressways is 16% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pune Solapur Expressways is 27AAFCP0158C1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pune Solapur Expressways is U74120PN2009PTC164629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pune Solapur Expressways has 10 court cases on record: 8 filed by the company and 2 filed against it. 4 are pending.
Pune Solapur Expressways was incorporated on 20 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Pune Solapur Expressways has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹205.98 Cr; the latest was in June 2011.
The peers of Pune Solapur Expressways by revenue are NCC Infraspace Private Limited, H.G. Khammam Devarapalle Pkg-1 Private Limited, Montecarlo Bangalore Chennai Expressway P2p1 Private Limited, Irb Hapur Moradabad Tollway Limited, GR Yamuna Bridge Highway Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Alok Kapoor was appointed as Additional Director on 05 May 2025. Neha Anand Pandit was appointed as Additional Director on 29 Apr 2025. Massimo Di Casola ceased to be Additional Director on 08 Sep 2024. Pune Solapur Expressways has 30 board changes on record in total.