About Udupi Tollway Private Limited
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Udupi Tollway Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Navayuga Engineering Company Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 04 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45204MH2009PTC426135. Its GSTIN is 29AADCN1480F1ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.71 Cr and a paid-up capital of ₹3.7 Cr. It was formerly known as Navayuga Udupi Tollway Private Limited. It is led by directors including Muthu and Amit Suresh Rane.
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 ₹162.72 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹51.68 Cr (net margin -31.8%) and EBITDA of ₹124.01 Cr (EBITDA margin 76.2%).
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹528.63 Cr and satisfied charges of ₹578.85 Cr on record. Court records list 5 cases involving the company, including 5 filed against it. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹110.89 Cr; the latest was in November 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navayuga.com.
Company details
CIN history
Udupi Tollway has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45204MH2009PTC426135, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45204MH2009PTC426135 | Current |
| U45204TG2009PTC066139 | Previous |
| U45204AP2009PTC066139 | Previous |
Contact details
Udupi Tollway Private Limited's registered office is in Mumbai, Maharashtra. Its website is navayuga.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit Nos. 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 Udupi Tollway 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 Udupi Tollway is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Udupi Tollway Private Limited, buy the company report.
Financials of Udupi Tollway Private Limited
FY 2025 filings availableUdupi Tollway Private Limited reported revenue of ₹162.72 Cr (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year. EBITDA rose 260% in the latest 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 | ₹124.01 Cr | ||||
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| Net Profit (PAT) | -₹51.68 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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| Profitability | |||||
| EBITDA Margin | 76.2% | ||||
| Net Profit Margin | -31.8% | ||||
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To see the full financial statements and ratios of Udupi Tollway Private Limited, buy the company report.
Board of directors of Udupi Tollway Private Limited
Udupi Tollway has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthu | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Amit Suresh Rane Also directs: Bangalore Elevated Tollway Private Limited, Unnao Highways Private Limited, Nirmal Bot Private Limited and 3 more | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Ritam Ganguly | Nominee Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Amurthalingam | Nominee Director | 10 Sep 2025 | 1 Years 2 Months | Current |
Auditor
Udupi Tollway Private Limited is audited by R C V & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R C V & CO | FY 2023 | 017180S |
Shareholding
The shareholding of Udupi Tollway 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 Udupi Tollway Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2023 | 100826580 | Others | ₹132.76 Cr | Open | |
| 15 Nov 2023 | 100826227 | Others | ₹395.87 Cr | Open | |
| 25 Jun 2010 | 10235071 | Axis Bank Limited | ₹578.85 Cr | Satisfied |
To see the full charge records of Udupi Tollway Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Udupi Tollway Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹110.89 Cr; the latest was in November 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Highways Infrastructure Trust Seller: Navayuga Engineering Company Limited , Navayuga Road Projects Private Limited |
| Nov 2023 | Debt financing | ₹15 Lakh | Investors: Navayuga Road Projects Private Limited |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Navayuga Engineering Company Limited Seller: Adani Krishnapatnam Port Company Limited |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Navayuga Engineering Company Limited Seller: Adani Krishnapatnam Port Company Limited |
| Jan 2011 | Funding round | ₹110.74 Cr | Investors: Adani Krishnapatnam Port Company Limited, Navayuga Road Projects Private Limited , Navayuga Engineering Company Limited |
To see the full deal history of Udupi Tollway 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
Udupi Tollway Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Udupi Tollway 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
Udupi Tollway Private Limited was last rated by Care on 07 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jan 2022 |
To see the full credit ratings and regulatory alerts of Udupi Tollway Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Udupi Tollway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Udupi Tollway Private Limited has a workforce of 41 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Udupi Tollway has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN1480F1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Udupi Tollway Private Limited, buy the company report.
Recent activity
Udupi Tollway Private Limited has 19 board changes on record since 2012: 4 appointments and 15 cessations. The latest: Amurthalingam was appointed as Nominee Director on 10 Sep 2025.
15 earlier events are in the company report.
Frequently asked questions
Udupi Tollway 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 04 December 2009 (17+ years old) and is registered under CIN U45204MH2009PTC426135.
Udupi Tollway has 4 current directors:
- Muthu - Nominee Director
- Amit Suresh Rane - Nominee Director
- Ritam Ganguly - Nominee Director
- Amurthalingam - Nominee Director
The latest financial statements of Udupi Tollway 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 Udupi Tollway is 29AADCN1480F1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Udupi Tollway is U45204MH2009PTC426135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udupi Tollway has 5 court cases on record: 5 filed against it. Most are in the high courts.
Udupi Tollway was incorporated on 04 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Udupi Tollway has 6 deals on record (4 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹110.89 Cr; the latest was in November 2023.
Amurthalingam was appointed as Nominee Director on 10 Sep 2025. Ritam Ganguly ceased to be Nominee Director on 06 Sep 2025. Amit Suresh Rane was appointed as Nominee Director on 30 Apr 2025. Udupi Tollway has 19 board changes on record in total.
Udupi Tollway can be reached through the website navayuga.com. Its registered office is in Mumbai, Maharashtra, India.
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