It Expressway Limited logo

It Expressway Limited

Manages road infrastructure projects, including toll rates and maintenance, for IT corridor and LRP.
2003 | Chennai, Tamil Nadu (India) | Active

Last Updated:

October 15, 2024
HomeCompanyIt Expressway Limited

Who are the key members and board of directors at It Expressway?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramasamy Selvaraj InManaging Director05-Apr-2024Current
Loganathan VijayanCFO10-Mar-2016Current
Preetha SundaramurthyCompany Secretary09-Nov-2015Current

Board Members(2)

NameDesignationAppointment DateStatus
Senthil Kumar In Director 01-Oct-2012Current
Setty Ayyappan In Director 19-Nov-2021Current

Financial Performance and Corporate Structure Insights of It Expressway.

It Expressway Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.5% increase. The company also saw a substantial improvement in profitability, with a 81.77% increase in profit. The company's net worth dipped by a decrease of 1.8%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.50%
Revenue from Operations
2.82%
Total Assets
-1.27%
Profit or Loss
81.77%
Net Worth
-1.80%
EBITDA
1165.55%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹180.00 Cr

LenderAmountStatus

Vijaya Bank

Creation Date: 28 Mar 2008
₹65.00 CrSatisfied
Creation Date: 13 Feb 2006₹65.00 CrSatisfied

Indian Bank

Creation Date: 13 May 2005
₹50.00 CrSatisfied

How Many Employees Work at It Expressway?

It Expressway has a workforce of 50 employees as of Oct 15, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on It Expressway

Recent activity within the organization

  • Director Appointment

    Ramasamy Selvaraj was appointed as a Managing Director was appointed as a Managing Director on 05 Apr 2024 & has been associated with this company since 8 months 15 days .

    05 Apr 2024

  • Annual General Meeting

    It Expressway Limited last Annual general meeting of members was held on 28 Dec 2023 as per latest MCA records.

    28 Dec 2023

  • Balance Sheet

    It Expressway Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Setty Arumugam Ayyappan was appointed as a Director was appointed as a Director on 19 Nov 2021 & has been associated with this company since 3 years 1 month .

    19 Nov 2021

  • Charges

    A charge registered on 13 Feb 2006 with was fully satisfied on 14 Oct 2016.

    14 Oct 2016

  • Director Appointment

    Loganathan Vishnu Vijayan was appointed as a Cfo was appointed as a Cfo on 10 Mar 2016 & has been associated with this company since 8 years 9 months .

    10 Mar 2016

Frequently asked questions

  • It Expressway Limited was incorporated on 17 Apr 2003.

  • The authorized share capital of It Expressway Limited is ₹ 90.00 Cr and paid-up capital is ₹ 44.05 Cr.

  • Currently 5 directors are associated with It Expressway Limited.

    • Senthil Kumar
    • Ramasamy Selvaraj
    • Setty Arumugam Ayyappan
    • Loganathan Vishnu Vijayan
    • Preetha Sundaramurthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of It Expressway Limited is 171 Ii Floor South Kesavaperumal Puram Pasumpon Muthuramalingam Road (Greenways Road) R, A Puram, Chennai, Tamil Nadu, India, 600028.

  • The corporate identification number (CIN) of It Expressway Limited is U45203TN2003PLC050703 and the company number is 050703 as per Ministry of Corporate Affairs (MCA).

  • The Official website of It Expressway Limited is https://www.itel.tnrdc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for It Expressway Limited has risen by 8.50%.

  • As Per 2023 financial reports, 50 employees are currently employed by It Expressway Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of It Expressway Limited has experienced an downturn of -1.80%.

  • The most recent Balance Sheet for It Expressway Limited was filed with the ROC on 31 Mar 2023.

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