Salasar Highways Private Limited
About Salasar Highways Private Limited
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Salasar Highways Private Limited is a foreign private limited company based in Gurugram, Haryana, India, a subsidiary of Galfar Engineering & Contracting (India) Private Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 20 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400HR2012FTC047969. Its GSTIN is 08AASCS5033L1ZS (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹162 Cr and a paid-up capital of ₹161.32 Cr. It is led by directors including Anil Kumar Bhan and Chettiparambil Mohamed Cidar.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 61, Gurugram, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.27 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Cr (net margin 2.2%) and EBITDA of ₹83.14 Cr (EBITDA margin 66.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 17% over five years.
The company has about 135 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹705.98 Cr and satisfied charges of ₹190.84 Cr on record. The company has 7 deals on record (3 funding rounds, 3 convertible or debt financings, 1 rights issue), with disclosed funding of ₹273.12 Cr; the latest was in March 2024. Its 7 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 3 smaller; the largest is Gawar Pathankot Highways Private Limited with revenue of ₹126.82 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salasar Highways Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 6 & 7 15th Floor Tower – B The Digital Greens Sector 61 Golf Course Extension, Road, Gurugram, Haryana, India – 122011
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Salasar Highways 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
Business activity
The main business activity of Salasar Highways is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Salasar Highways Private Limited, buy the company report.
Financials of Salasar Highways Private Limited
FY 2025 filings availableSalasar Highways Private Limited reported revenue of ₹125.27 Cr (up 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 62% growth in the latest year. EBITDA rose 26% 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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| EBITDA | ₹83.14 Cr | ||||
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| Net Profit (PAT) | ₹2.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 66.4% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Salasar Highways Private Limited, buy the company report.
Board of directors of Salasar Highways Private Limited
Salasar Highways has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Bhan | Director | 20 Dec 2012 | 13 Years 10 Months | Current |
| Sadaq Firoz Zakir Hussain Shaik | Additional Director | 19 Nov 2025 | 0 Years 11 Months | Current |
| Chettiparambil Mohamed Cidar Also directs: Patna Arrah Highways Private Limited | Director | 27 Sep 2019 | 7 Years 0 Months | Current |
| Saurabh Jaiman | Director | 12 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Salasar Highways Private Limited is compared with the 7 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gawar Pathankot Highways Private Limited | ₹126.82 Cr (FY 2025) | 12541.0% | Hisar, Haryana, India | |||
| Bansal Pathways (N.R.R.-2) Private Limited | ₹126.47 Cr (FY 2025) | -5.0% | Bhopal, Madhya Pradesh, India | |||
| Slmi Infraprojects Private Limited | ₹125.92 Cr (FY 2025) | -40.0% | Secunderabad, Telangana, India | |||
| Gaaneshkartikey Construction Private Limited | ₹125.76 Cr (FY 2022) | 54.0% | Amritsar, Punjab, India | |||
| Salasar Highways Private Limitedthis company | ₹125.27 Cr (FY 2025) | ₹2.79 Cr | 2.2% | 62.0% | 135 | Gurugram, Haryana, India |
| Tomar Builders and Contractors Private Limited | ₹124.68 Cr (FY 2025) | -6.0% | Gwalior, Madhya Pradesh, India | |||
| Mahua Bharatpur Expressways Limited | ₹124.2 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Rohan Rajdeep Tollways Limited | ₹123.87 Cr (FY 2024) | -42.0% | Pune, Maharashtra, India |
To see the full peer comparison of Salasar Highways Private Limited, buy the company report.
Auditor
Salasar Highways Private Limited is audited by S. R. Goyal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Goyal & Co. | FY 2023 | 001537C |
Shareholding
The shareholding of Salasar Highways 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Salasar Highways Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2023 | 100767045 | Others | ₹705.98 Cr | Open | |
| 12 Nov 2013 | 10460669 | Others | ₹190.84 Cr | Satisfied |
To see the full charge records of Salasar Highways Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Salasar Highways Private Limited has 7 deals on record (3 funding rounds, 3 convertible or debt financings, 1 rights issue), with disclosed funding of ₹273.12 Cr; the latest was in March 2024.
Deals on record (3 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Funding round | ₹75 Cr | Investors: Mfar Developers Private Limited |
| Dec 2015 | Rights issue | ₹19.51 Cr | Investors: Galfar Engineering & Contracting (India) Private Limited |
| Apr 2014 | Funding round | ₹83.12 Cr | Investors: Galfar Engineering & Contracting (India) Private Limited , an individual |
To see the full deal history of Salasar Highways 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
No court or tribunal cases involving Salasar Highways Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Salasar Highways Private Limited was last rated by Care on 20 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Sep 2021 |
To see the full credit ratings and regulatory alerts of Salasar Highways Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salasar Highways Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Salasar Highways Private Limited has a workforce of 135 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Salasar Highways has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AASCS5033L1ZS | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salasar Highways Private Limited, buy the company report.
Recent activity
Salasar Highways Private Limited has 13 board changes on record since 2012: 4 appointments and 9 cessations. The latest: Sadaq Firoz Zakir Hussain Shaik was appointed as Additional Director on 19 Nov 2025.
8 earlier events are in the company report.
Frequently asked questions
Salasar Highways is an active foreign private limited company based in Gurugram, Haryana, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 20 December 2012 (14+ years old) and is registered under CIN U45400HR2012FTC047969.
Salasar Highways has 4 current directors:
- Anil Kumar Bhan - Director
- Sadaq Firoz Zakir Hussain Shaik - Additional Director
- Chettiparambil Mohamed Cidar - Director
- Saurabh Jaiman - Director
The latest financial statements of Salasar Highways on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Salasar Highways is 08AASCS5033L1ZS, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Salasar Highways is U45400HR2012FTC047969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salasar Highways was incorporated on 20 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Salasar Highways has 7 deals on record (3 funding rounds, 3 convertible or debt financings, 1 rights issue), with disclosed funding of ₹273.12 Cr; the latest was in March 2024.
The peers of Salasar Highways by revenue are Gawar Pathankot Highways Private Limited, Bansal Pathways (N.R.R.-2) Private Limited, Slmi Infraprojects Private Limited, Gaaneshkartikey Construction Private Limited, Tomar Builders and Contractors Private Limited and 2 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Sadaq Firoz Zakir Hussain Shaik was appointed as Additional Director on 19 Nov 2025. Anil Kumar Bhan ceased to be Director on 10 Jan 2025. Saurabh Jaiman ceased to be Additional Director on 03 Sep 2024. Salasar Highways has 13 board changes on record in total.
The registered office of Salasar Highways is at Unit No. 6 & 7 15th Floor Tower – B The Digital Greens Sector 61 Golf Course Extension, Road, Gurugram, Haryana, India – 122011.
Salasar Highways operates in the infrastructure and utilities industry, in the road and bridge construction segment.