- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0124153

About Shillong Expressway Private Limited
Data last updated:
Shillong Expressway Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Highways Infrastructure Trust. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 09 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45204MH2010PTC315633. Its GSTIN is 17AAOCS3427L1ZV (Meghalaya).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Shillong Expressway Limited. It is led by directors including Sanved Ulhas Raut and Sachin Kishor Joshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.92 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Cr (net margin 5.7%) and EBITDA of ₹7.51 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹557.73 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹44.95 Cr; the latest was in March 2019. Its 6 peer companies in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 3 smaller; the largest is KPM Infrastructure Private Limited with revenue of ₹38.49 Cr.
Shillong Expressway Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0124153). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highwaystrust.com.
Company details
Name history
Shillong Expressway has undergone 2 name changes throughout its history. The company was previously known as Shillong Expressway Private Limited, and Shillong Expressway Limited. The current legal name is Shillong Expressway Private Limited.
| Company Name | Status |
|---|---|
| Shillong Expressway Private Limited | Current |
| Shillong Expressway Limited | Previous |
CIN history
Shillong Expressway has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45204MH2010PTC315633, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45204MH2010PTC315633 | Current |
| U45204DL2010PTC203893 | Previous |
| U45204DL2010PLC203893 | Previous |
Recognitions & Rankings of Shillong Expressway
Contact details
Shillong Expressway Private Limited's registered office is in Mumbai, Maharashtra. Its website is highwaystrust.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 601 – 602 6th Floor Windsor House, Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Shillong Expressway 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 Shillong Expressway 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 Shillong Expressway Private Limited, buy the company report.
Financials of Shillong Expressway Private Limited
FY 2025 filings availableShillong Expressway Private Limited reported revenue of ₹37.92 Cr (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 51% 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 | ₹7.51 Cr | ||||
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| Net Profit (PAT) | ₹2.16 Cr | ||||
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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 | 19.8% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shillong Expressway Private Limited, buy the company report.
Board of directors of Shillong Expressway Private Limited
Shillong Expressway has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanved Ulhas Raut Also directs: Dausa Lalsot Highways Private Limited, Triveni Sangam Highways Private Limited, Aligarh Highways Private Limited and 4 more | Nominee Director | 19 Jun 2025 | 1 Years 4 Months | Current |
| Sachin Kishor Joshi Also directs: Aligarh Highways Private Limited, North Telangana Expressway Private Limited, Nirmal Bot Private Limited and 1 more | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Sunil Kumar Rai Also directs: Aligarh Highways Private Limited | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Shillong Expressway Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| KPM Infrastructure Private Limited | ₹38.49 Cr (FY 2025) | -2.0% | Delhi, India | |||
| MP Highways Private Limited | ₹37.95 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Govindam BRJ Infra Projects Private Limited | ₹37.93 Cr (FY 2025) | 9.0% | Gopalpura Bypass Road, Rajasthan, India | |||
| Shillong Expressway Private Limitedthis company | ₹37.92 Cr (FY 2025) | ₹2.16 Cr | 5.7% | -41.0% | 6 | Mumbai, Maharashtra, India |
| Maa Rajeshwari Construction Private Limited | ₹37.76 Cr (FY 2024) | 71.0% | Saran, Bihar, India | |||
| Sri Ganganagar Bikaner Highways Private Limited | ₹37.48 Cr (FY 2025) | -66.0% | Udaipur, Rajasthan, India | |||
| Mokama - Munger Highway Limited | ₹37.45 Cr (FY 2025) | -40.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shillong Expressway Private Limited, buy the company report.
Auditor
Shillong Expressway Private Limited is audited by GIANENDER & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIANENDER & ASSOCIATES | FY 2023 | 004661N |
Shareholding
The shareholding of Shillong Expressway Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shillong Expressway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2017 | 100131762 | Idbi Trusteeship Services Limited | ₹163.56 Cr | Satisfied | |
| 11 Nov 2014 | 10563725 | Idbi Trusteeship Services Limited | ₹207.17 Cr | Satisfied | |
| 28 Mar 2012 | 10347576 | Sbicap Trustee Company Limited | ₹187 Cr | Satisfied |
To see the full charge records of Shillong Expressway Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Shillong Expressway Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹44.95 Cr; the latest was in March 2019.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Global Infrastructure Partners |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners Seller: G R Infraprojects Limited , an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners Seller: 4 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Global Infrastructure Partners, 3 individuals Seller: G R Infraprojects Limited , Chetak Enterprises Limited , 2 individuals |
| Jan 2011 | Funding round | ₹45 Lakh | Investors: G R Infraprojects Limited , Chetak Enterprises Limited |
To see the full deal history of Shillong Expressway 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
Shillong Expressway Private Limited has 4 court cases on record: 3 filed by Shillong Expressway, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Company petition | Filed by the company | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by National Highways Authority of India (Nhai) | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against National Highway Authority of India & Anr. | Disposed |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against National Highways Authority of India | Disposed |
To see the full case history of Shillong Expressway Private Limited, 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.
Credit ratings & regulatory alerts
Shillong Expressway Private Limited was last rated by Indiarating on 08 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 08 Nov 2021 |
To see the full credit ratings and regulatory alerts of Shillong Expressway Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shillong Expressway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shillong Expressway Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Shillong Expressway has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17AAOCS3427L1ZV | Meghalaya | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shillong Expressway Private Limited, buy the company report.
Recent activity
Shillong Expressway Private Limited has 21 board changes on record since 2014: 3 appointments and 18 cessations. The latest: Sanved Ulhas Raut was appointed as Nominee Director on 19 Jun 2025.
18 earlier events are in the company report.
Frequently asked questions
Shillong Expressway is an active private limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 09 June 2010 (16+ years old) and is registered under CIN U45204MH2010PTC315633.
Shillong Expressway has 3 current directors:
- Sanved Ulhas Raut - Nominee Director
- Sachin Kishor Joshi - Nominee Director
- Sunil Kumar Rai - Nominee Director
The latest financial statements of Shillong Expressway on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shillong Expressway is 17AAOCS3427L1ZV, registered in Meghalaya.
The CIN (Corporate Identification Number) of Shillong Expressway is U45204MH2010PTC315633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shillong Expressway has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Shillong Expressway was incorporated on 09 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Shillong Expressway has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹44.95 Cr; the latest was in March 2019.
The peers of Shillong Expressway by revenue are KPM Infrastructure Private Limited, MP Highways Private Limited, Govindam BRJ Infra Projects Private Limited, Maa Rajeshwari Construction Private Limited, Sri Ganganagar Bikaner Highways Private Limited and 1 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Sanved Ulhas Raut was appointed as Nominee Director on 19 Jun 2025. Abhishek Chhajer ceased to be Nominee Director on 30 Apr 2025. Sachin Kishor Joshi was appointed as Nominee Director on 30 Apr 2025. Shillong Expressway has 21 board changes on record in total.
Yes, Shillong Expressway is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0124153).

