About Wagad Infraprojects Private Limited
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Wagad Infraprojects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 27 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70200GJ2011PTC117129. Its GSTIN is 24AABCW1489K1Z1 (Gujarat). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹28.67 Cr. It is led by directors including Vinod Jain and Andesh Jain.
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 414 4th Floor Times Square Arcade Opp. Rambaug Nr. Ravija Plaza Thaltej Shilaj Road, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2024, the company reported a revenue of ₹661.62 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.78 Cr (net margin 6.6%) and EBITDA of ₹100.02 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 26% over five years.
The company has about 255 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wagad Infraprojects. As per MCA filings, the company has open charges of ₹734.72 Cr and satisfied charges of ₹103.09 Cr on record. Court records list 43 cases involving the company, including 18 filed by the company and 25 filed against it; 19 cases are pending. The company has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹2.51 Cr; the latest was in September 2023. Its 3 peer companies in the Manufacturing industry (Cement and Cement Products, Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 2 larger and 1 smaller; the largest is Sri Durga Condev Private Limited with revenue of ₹682.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wagadinfra.com.
Company details
CIN history
Wagad Infraprojects has one previous CIN (Corporate Identification Number): U70200RJ2011PTC036296. The current CIN is U70200GJ2011PTC117129, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200GJ2011PTC117129 | Current |
| U70200RJ2011PTC036296 | Previous |
Contact details
Wagad Infraprojects Private Limited's registered office is in Ahmedabad, Gujarat. Its website is wagadinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address414 4th Floor Times Square Arcade Opp. Rambaug Nr. Ravija Plaza Thaltej Shilaj Road, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Construction Materials
To see the full contact details of Wagad Infraprojects 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
Brands
Wagad Infraprojects operates one associated brand: Wagad Infraprojects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services in infrastructure, roads, highways, bridges, and diaphragm walls in India. | wagadinfra.com |
Business activity
The main business activities of Wagad Infraprojects are construction and manufacturing. In detail, this covers roads, railways, utility projects and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Wagad Infraprojects Private Limited, buy the company report.
Financials of Wagad Infraprojects Private Limited
FY 2025 filings availableWagad Infraprojects Private Limited reported revenue of ₹661.62 Cr (up 166% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 166% growth in the latest year. EBITDA rose 124% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹100.02 Cr | ||||
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| Net Profit (PAT) | ₹43.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 6.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Wagad Infraprojects Private Limited, buy the company report.
Board of directors of Wagad Infraprojects Private Limited
Wagad Infraprojects has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Jain | Director | 27 Aug 2011 | 15 Years 1 Months | Current |
| Andesh Jain Also directs: Wagad Netrang Road Private Limited | Director | 27 Aug 2011 | 15 Years 1 Months | Current |
| Ashok Jain Also directs: Peringidamala Estates Private Limited, Payyoli Granites Private Limited, QB Concretes Private Limited and 1 more | Director | 27 Aug 2011 | 15 Years 1 Months | Current |
| Ankush Jain Also directs: Somi Sale E-Commerce Private Limited | Director | 27 Aug 2011 | 15 Years 1 Months | Current |
Peer comparison
Wagad Infraprojects Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products, Construction Services), 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 |
|---|---|---|---|---|---|---|
| Sri Durga Condev Private Limited | ₹682.2 Cr (FY 2025) | 21.0% | Cuttack, Odisha, India | |||
| Welspun Michigan Engineers Limited | ₹672.39 Cr (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Wagad Infraprojects Private Limitedthis company | ₹661.62 Cr (FY 2024) | ₹43.78 Cr | 6.6% | 166.0% | 255 | Ahmedabad, Gujarat, India |
| Shiwalay Infra Projects Private Limited | ₹650.63 Cr (FY 2025) | 32.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Wagad Infraprojects Private Limited, buy the company report.
Shareholding
The shareholding of Wagad Infraprojects 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wagad Infraprojects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2025 | 101232949 | Others | ₹14 Cr | Open | |
| 12 Dec 2025 | 101198178 | Others | ₹275.66 Cr | Open | |
| 15 Nov 2025 | 101194124 | Others | ₹1.29 Cr | Open | |
| 03 Sep 2025 | 101157326 | Others | ₹1.31 Cr | Open | |
| 08 Aug 2025 | 101148141 | Others | ₹3 Cr | Open |
To see the full charge records of Wagad Infraprojects Private Limited, buy the company report.
Total charge records: 119 View all charges
Deals & funding
Wagad Infraprojects Private Limited has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹2.51 Cr; the latest was in September 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Rights issue | ₹10 Cr | Investors: 4 individuals |
| Mar 2020 | Rights issue | ₹12 Cr | Investors: 4 individuals |
| Jan 2018 | Rights issue | ₹10 Cr | Investors: 4 individuals |
| Mar 2016 | Rights issue | ₹12.48 Cr | Investors: 4 individuals |
| Sep 2013 | Funding round | ₹2.51 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wagad Infraprojects Private Limited has 43 court cases on record: 18 filed by Wagad Infraprojects, 25 filed against it. 19 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 20 | 9 |
| High courts | 21 | 5 | 10 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company by Kerala State Electricity Board Limited | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (EX AB) | Filed against the company by Aryavrat Projects and Developers Pvt. Ltd. | Pending |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against M/S Aryavrat Projects Developers Pvt.Ltd. | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (MJC AV) | Filed against the company by M/S Aryavrat Projects and Developers Pvt. Ltd. Through GM Ashwani Kumar Mishra | Disposed |
| High Court of Madhya Pradesh | Court case (AC) | Filed by the company against M/S Aryavrat Projects and Developers Pvt. Ltd. | Disposed |
To see the full case history of Wagad Infraprojects 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wagad Infraprojects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wagad Infraprojects Private Limited has a workforce of 255 employees on its EPFO records as of Jun 20, 2024, across 4 active EPFO establishments.
GST
Wagad Infraprojects has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCW1489K1Z1 | Gujarat | Active | 01 Jul 2017 |
| 24AABCW1489K2Z0 | Gujarat | Active | 13 Apr 2022 |
| 08AABCW1489K1ZV | Rajasthan | Active | 01 Jul 2017 |
| 23AABCW1489K1Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wagad Infraprojects Private Limited, buy the company report.
Recent activity
Wagad Infraprojects Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Andesh Jain was appointed as Director on 27 Aug 2011.
148 earlier events are in the company report.
Frequently asked questions
Wagad Infraprojects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 27 August 2011 (15+ years old) and is registered under CIN U70200GJ2011PTC117129.
Wagad Infraprojects has 4 current directors:
- Vinod Jain - Director
- Andesh Jain - Director
- Ashok Jain - Director
- Ankush Jain - Director
The latest financial statements of Wagad Infraprojects 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 Wagad Infraprojects is 24AABCW1489K1Z1, registered in Gujarat. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCW1489K2Z0 (Gujarat), 08AABCW1489K1ZV (Rajasthan), 23AABCW1489K1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Wagad Infraprojects is U70200GJ2011PTC117129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wagad Infraprojects has 43 court cases on record: 18 filed by the company and 25 filed against it. 19 are pending. Most are in the district courts.
Wagad Infraprojects was incorporated on 27 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Wagad Infraprojects has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹2.51 Cr; the latest was in September 2023.
The peers of Wagad Infraprojects by revenue are Sri Durga Condev Private Limited, Welspun Michigan Engineers Limited, Shiwalay Infra Projects Private Limited, all in the Manufacturing industry (Cement and Cement Products, Construction Services), with the same principal business activity (roads, railways, utility projects).
Andesh Jain was appointed as Director on 27 Aug 2011. Ankush Jain was appointed as Director on 27 Aug 2011. Ashok Jain was appointed as Director on 27 Aug 2011. Wagad Infraprojects has 4 board changes on record in total.
Wagad Infraprojects can be reached through the website wagadinfra.com. Its registered office is in Ahmedabad, Gujarat, India.