MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-10-0009325
Serman India Road Makers Pvt Ltd
Serman India Road Makers Pvt Ltd - infrastructure and utilities in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹68.68 Cr
▲ 6% YoY
Net profit · FY 2025
₹5.01 Cr
Net margin 7.3%
EBITDA · FY 2025
₹12.67 Cr
EBITDA margin 18.5%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.75 Cr
Issued & subscribed
Open charges
₹257.15 Cr
Satisfied ₹2.87 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
11
Provident fund records
About Serman India Road Makers Pvt Ltd
Data last updated:
Serman India Road Makers Pvt Ltd is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 07 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45203MP1988PTC004500. Its GSTIN is 23AAECS9371D1ZE (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.75 Cr. It was formerly known as Serman India Food Products Private Limited. It is led by directors including Ishnarayan Sharma (Managing Director) and Mukesh Sharma.
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 9 First Floor Nadra Complex Opp. State Bank Of India Sultania Road, Bhopal, Madhya Pradesh, India – 462001.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.68 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.01 Cr (net margin 7.3%) and EBITDA of ₹12.67 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 35% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹257.15 Cr and satisfied charges of ₹2.87 Cr on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 1 case is pending.
Serman India Road Makers Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-10-0009325). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45203MP1988PTC004500
Registration Number 004500
Incorporation Date 07 April 1988
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-10-0009325
Recognitions & Rankings of Serman India Road Makers
Contact details
Serman India Road Makers Pvt Ltd's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 First Floor Nadra Complex Opp. State Bank Of India Sultania Road, Bhopal, Madhya Pradesh, India – 462001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Serman India Road Makers Pvt Ltd, buy the company report.
Comprehensive company report
Serman India Road Makers Pvt Ltd - 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Serman India Road Makers 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 Serman India Road Makers Pvt Ltd, buy the company report.
Financials of Serman India Road Makers Pvt Ltd
FY 2025 filings availableSerman India Road Makers Pvt Ltd reported revenue of ₹68.68 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹68.68 Cr ▲ 6%
Net profit · FY 2025
₹5.01 Cr margin 7.3%
EBITDA · FY 2025
₹12.67 Cr margin 18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 21%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 46%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 6% growth in the latest year. EBITDA rose 44% 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 | ₹12.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.01 Cr | ||||
| 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 | 18.5% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 Serman India Road Makers Pvt Ltd, buy the company report.
Board of directors of Serman India Road Makers Pvt Ltd
Serman India Road Makers has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ishnarayan Sharma | Managing Director | 07 Apr 1988 | 38 Years 6 Months | Current |
| Mukesh Sharma | Director | 01 Apr 2002 | 24 Years 6 Months | Current |
| Rakesh Sharma Also directs: SSN Annapurna Heights LLP, Serman Infra LLP | Director | 07 Apr 1988 | 38 Years 6 Months | Current |
| Chirag Sharma | Director | 07 Jul 2021 | 5 Years 3 Months | Current |
| Ram Sharma Also directs: Serman Infra LLP | Director | 27 Mar 2024 | 2 Years 6 Months | Current |
Peer comparison
Serman India Road Makers Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Rba Constructions Private Limited | ₹69.49 Cr (FY 2024) | -32.0% | Rohtas, Bihar, India | |||
| Millenium Road Construction Private Limited | ₹69.46 Cr (FY 2024) | 3.0% | Raiganj, West Bengal, India | |||
| Damas Civil Constructions India Private Limited | ₹69.34 Cr (FY 2025) | 278.0% | Kaimur, Bihar, India | |||
| Bareilly Nainital Highways Private Limited | ₹69.03 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Serman India Road Makers Pvt Ltdthis company | ₹68.68 Cr (FY 2025) | ₹5.01 Cr | 7.3% | 6.0% | 11 | Bhopal, Madhya Pradesh, India |
| Acsc-Pc Infrastructure Private Limited | ₹68.65 Cr (FY 2022) | 42.0% | Ahmednagar, Maharashtra, India | |||
| New Mangalore Port Road Company Limited | ₹68.36 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Vijayawada Tollway Private Limited | ₹68.32 Cr (FY 2025) | -62.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Serman India Road Makers Pvt Ltd, buy the company report.
Auditor
Serman India Road Makers Pvt Ltd is audited by SURESH WADHWANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH WADHWANI & ASSOCIATES | FY 2023 | 075522 |
Shareholding
The shareholding of Serman India Road Makers Pvt Ltd 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 Serman India Road Makers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹257.15 Cr
Satisfied charges
₹2.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101188298 | Hdfc Bank Limited | ₹29.46 Lakh | Open | |
| 07 Oct 2025 | 101172931 | Others | ₹1.64 Cr | Open | |
| 30 Jul 2025 | 101152141 | Hdfc Bank Limited | ₹1.09 Cr | Open | |
| 27 Mar 2025 | 101082681 | Others | ₹1.58 Cr | Open | |
| 03 Mar 2025 | 101062884 | Hdfc Bank Limited | ₹2 Cr | Open |
To see the full charge records of Serman India Road Makers Pvt Ltd, buy the company report.
Total charge records: 43 View all charges
Legal cases
Serman India Road Makers Pvt Ltd has 10 court cases on record: 9 filed by Serman India Road Makers, 1 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
9
Filed against the company
1
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against State of Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Revision petition | Filed by the company against The State of Madhya Pradesh | Disposed |
To see the full case history of Serman India Road Makers Pvt Ltd, 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 Serman India Road Makers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Serman India Road Makers Pvt Ltd has a workforce of 11 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-21.43%
GST
Serman India Road Makers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECS9371D1ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAXFS4672D1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Serman India Road Makers Pvt Ltd, buy the company report.
Recent activity
Serman India Road Makers Pvt Ltd has 9 board changes on record since 1988: 7 appointments and 2 cessations. The latest: Ram Sharma was appointed as Director on 27 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101188298 was registered on 24 Oct 2025.
Charges
A charge with Others amounted to Rs. 1.64 Cr with Charge ID 101172931 was registered on 07 Oct 2025.
AGM
Serman India Road Makers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.09 Cr with Charge ID 101152141 was registered on 30 Jul 2025.
Filing
Serman India Road Makers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 1.58 Cr with Charge ID 101082681 was registered on 27 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 101062884 was registered on 03 Mar 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 53.00 Cr registered on 04 May 2024 with Charge ID 100924634 was modified on 08 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.81 Cr with Charge ID 101023463 was registered on 18 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101013494 was registered on 04 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.10 Cr with Charge ID 101013470 was registered on 29 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 101013473 was registered on 29 Nov 2024.
54 earlier events are in the company report.
Frequently asked questions
Serman India Road Makers is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 07 April 1988 (38+ years old) and is registered under CIN U45203MP1988PTC004500.
Serman India Road Makers has 5 current directors:
- Ishnarayan Sharma - Managing Director
- Mukesh Sharma - Director
- Rakesh Sharma - Director
- Chirag Sharma - Director
- Ram Sharma - Director
The latest financial statements of Serman India Road Makers 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 2015 are in the company report.
The GSTIN of Serman India Road Makers is 23AAECS9371D1ZE, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAXFS4672D1ZV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Serman India Road Makers is U45203MP1988PTC004500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Serman India Road Makers has 10 court cases on record: 9 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Serman India Road Makers was incorporated on 07 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Serman India Road Makers by revenue are Rba Constructions Private Limited, Millenium Road Construction Private Limited, Damas Civil Constructions India Private Limited, Bareilly Nainital Highways Private Limited, Acsc-Pc Infrastructure Private Limited and 2 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Ram Sharma was appointed as Director on 27 Mar 2024. Chirag Sharma was appointed as Director on 07 Jul 2021. Deepak Sharma ceased to be Director on 29 May 2021. Serman India Road Makers has 9 board changes on record in total.
Yes, Serman India Road Makers is registered as a small enterprise under Udyam registration (number: UDYAM-MP-10-0009325).
The registered office of Serman India Road Makers is at 9 First Floor Nadra Complex Opp. State Bank Of India Sultania Road, Bhopal, Madhya Pradesh, India – 462001.