Utkal Pipeline Infrastructure Limited
About Utkal Pipeline Infrastructure Limited
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Utkal Pipeline Infrastructure Limited is a public limited company based in Keonjhar, Odisha, India, a subsidiary of Am Mining India Private Limited. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 17 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U60200OR2014PLC018639. Its GSTIN is 21AABCO9910F2ZR (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Odisha Slurry Pipeline Infrastructure Limited and Odisha Slurry Pipelne Infrastructure Limited. It is led by directors including Ravi Kant Jha and Kaneyuki Yamamoto.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H. No. 119 Ward No. 11 Badahal Road NH – 6 Behind Indian Bank, Keonjhar, Odisha, India – 758001.
As per the financials filed for FY 2025, the company reported a revenue of ₹39,000, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹237.93 Cr and EBITDA of -₹14.68 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹426.5 Cr and satisfied charges of ₹1,675 Cr on record. Court records list 40 cases involving the company, including 8 filed by the company and 32 filed against it; 21 cases are pending. The company has 6 deals on record (1 rights issue, 1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹2,861.01 Cr; the latest was in July 2020.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Utkal Pipeline Infrastructure has undergone 2 name changes throughout its history. The company was previously known as Odisha Slurry Pipeline Infrastructure Limited, and Odisha Slurry Pipelne Infrastructure Limited. The current legal name is Utkal Pipeline Infrastructure Limited.
| Company Name | Status |
|---|---|
| Utkal Pipeline Infrastructure Limited | Current |
| Odisha Slurry Pipeline Infrastructure Limited | Previous |
| Odisha Slurry Pipelne Infrastructure Limited | Previous |
CIN history
Utkal Pipeline Infrastructure has one previous CIN (Corporate Identification Number): U60200GJ2014PLC078301. The current CIN is U60200OR2014PLC018639, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60200OR2014PLC018639 | Current |
| U60200GJ2014PLC078301 | Previous |
Contact details
Utkal Pipeline Infrastructure Limited's registered office is in Keonjhar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. No. 119 Ward No. 11 Badahal Road NH – 6 Behind Indian Bank, Keonjhar, Odisha, India – 758001
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Utkal Pipeline Infrastructure 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
Financials of Utkal Pipeline Infrastructure Limited
FY 2025 filings availableUtkal Pipeline Infrastructure Limited reported revenue of ₹39,000 (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 80% fall in the latest year. EBITDA fell 43% 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 | -₹14.68 Lakh | ||||
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| Net Profit (PAT) | -₹237.93 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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To see the full financial statements and ratios of Utkal Pipeline Infrastructure Limited, buy the company report.
Board of directors of Utkal Pipeline Infrastructure Limited
Utkal Pipeline Infrastructure has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kant Jha Also directs: Arcelormittal Digital Consulting Private Limited | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Kaneyuki Yamamoto Also directs: Nippon Steel India Private Limited, Amns Global Treasury Centre Ifsc Private Limited, Am Mining India Private Limited and 2 more | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Devinder Singh Arora | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Yoshiaki Kusuhara | Director | 13 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Utkal Pipeline Infrastructure Limited is audited by Pipara & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pipara & Co LLP | FY 2023 | 107929W/W100219 |
Shareholding
The shareholding of Utkal Pipeline Infrastructure 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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To see the full shareholding pattern of Utkal Pipeline Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2015 | 10604601 | Srei Infrastructure Finance Limited | ₹290 Cr | Open | |
| 26 Nov 2015 | 10604602 | Srei Infrastructure Finance Limited | ₹136.5 Cr | Open | |
| 06 Jun 2016 | 100035101 | Others | ₹35 Cr | Satisfied | |
| 27 May 2016 | 100029812 | Canara Bank | ₹125 Cr | Satisfied | |
| 28 Apr 2016 | 100026492 | Uco Bank | ₹25 Cr | Satisfied |
To see the full charge records of Utkal Pipeline Infrastructure Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Utkal Pipeline Infrastructure Limited has 6 deals on record (1 rights issue, 1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹2,861.01 Cr; the latest was in July 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Funding round | ₹1 Cr | Investors: Am Mining India Private Limited , AM Mining India Private Limited & Arcelor Mittal Design & Engineering Centre Private Limited, AM Mining India Private Limited & Java Joshi |
| Jul 2020 | Debt financing | ₹2,359 Cr | Investors: Am Mining India Private Limited |
| May 2015 | Acquisition | ₹60 Cr | Buyer: Srei Alternative Investment Managers |
| Mar 2015 | Rights issue | ₹25.45 Cr | Investors: Arcelor Mittal Nippon Steel India Limited |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Arcelor Mittal Nippon Steel India Limited Seller: Pradeep Steel Company Limited |
To see the full deal history of Utkal Pipeline Infrastructure 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
Utkal Pipeline Infrastructure Limited has 40 court cases on record: 8 filed by Utkal Pipeline Infrastructure, 32 filed against it. 21 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 16 | 16 | 11 |
| District courts | 10 | 4 | 6 |
| High courts | 7 | 6 | 3 |
| NCLT | 4 | 3 | 1 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Palco Recycle Industries Ltd Acting Through Kanaiyalal Babulal Agrawal | Pending |
| Bombay High Court | Writ petition | Filed against the company by Arcelor Mittal Nippon Steel India Pvt Ltd | Pending |
| Calcutta High Court | Court case (FMA) | Filed against the company by Srei Infrastructure Finance Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by M/S Sayam Shares & Securities Private Ltd and 1 other | Disposed |
| NCLT, New Delhi Bench Court-II | Court case (TA(IBC)) | Filed against the company by M/S Sayam Shares & Securities Private Limited and 1 other | Disposed |
To see the full case history of Utkal Pipeline Infrastructure 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Utkal Pipeline Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Utkal Pipeline Infrastructure Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Utkal Pipeline Infrastructure has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCO9910F2ZR | Odisha | Active | 15 Mar 2018 |
To see the full GST registrations and return filing status of Utkal Pipeline Infrastructure Limited, buy the company report.
Recent activity
Utkal Pipeline Infrastructure Limited has 25 board changes on record since 2014: 4 appointments and 21 cessations. The latest: Kaneyuki Yamamoto ceased to be Additional Director on 23 Sep 2024.
42 earlier events are in the company report.
Frequently asked questions
Utkal Pipeline Infrastructure is an active public limited company based in Keonjhar, Odisha, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 17 January 2014 (12+ years old) and is registered under CIN U60200OR2014PLC018639.
Utkal Pipeline Infrastructure has 4 current directors:
- Ravi Kant Jha - Director
- Kaneyuki Yamamoto - Director
- Devinder Singh Arora - Director
- Yoshiaki Kusuhara - Director
The latest financial statements of Utkal Pipeline Infrastructure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Utkal Pipeline Infrastructure is 21AABCO9910F2ZR, registered in Odisha. 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 Utkal Pipeline Infrastructure is U60200OR2014PLC018639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkal Pipeline Infrastructure has 40 court cases on record: 8 filed by the company and 32 filed against it. 21 are pending. Most are in the nclat.
Utkal Pipeline Infrastructure was incorporated on 17 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Cuttack.
Utkal Pipeline Infrastructure has 6 deals on record (1 rights issue, 1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹2,861.01 Cr; the latest was in July 2020.
Kaneyuki Yamamoto ceased to be Additional Director on 23 Sep 2024. Kaneyuki Yamamoto was appointed as Director on 01 Jun 2024. Devinder Singh Arora ceased to be Additional Director on 18 Sep 2023. Utkal Pipeline Infrastructure has 25 board changes on record in total.
The registered office of Utkal Pipeline Infrastructure is at H. No. 119 Ward No. 11 Badahal Road NH – 6 Behind Indian Bank, Keonjhar, Odisha, India – 758001.