

Panipat Elevated Corridor Profile
Key Indicators
- Authorised Capital ₹ 145.00 Cr
- Paid Up Capital ₹ 30.05 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 545.05 Cr
- Revenue Growth 189.34%
- Profit Growth 198.85%
- Ebitda 314.54%
- Net Worth 11.74%
- Total Assets -19.70%
About Panipat Elevated Corridor
Panipat Elevated Corridor Limited (PECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 July 2005 and has a history of 19 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as L & T Panipat Elevated Corridor Limited. The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 145.00 Cr and a paid-up capital of Rs 30.05 Cr.
The company has closed loans amounting to ₹545.05 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Panipat Elevated Corridor Limited India are Parthasarathy Padmanabhan as CFO and Priti Sharma as Company Secretary. Esther Malini, Pramod Sharma, and Sandip Das serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45203TN2005PLC056999
- Company No.
056999
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Jul 2005
- Date of AGM
08 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Panipat Elevated Corridor?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Parthasarathy Padmanabhan ![]() | CFO | 06-Sep-2024 | Current |
Priti Sharma ![]() | Company Secretary | 07-Oct-2020 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Pramod Sharma ![]() | Director | 29-May-2024 | Current |
Esther Malini ![]() | Director | 27-Mar-2015 | Current |
Sandip Das ![]() | Director | 29-May-2024 | Current |
Financial Performance of Panipat Elevated Corridor.
Panipat Elevated Corridor Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 189.34% increase. The company also saw a substantial improvement in profitability, with a 198.85% increase in profit. The company's net worth Soared by an impressive increase of 11.74%.


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What is the Ownership and Shareholding Structure of Panipat Elevated Corridor?
In 2023, Panipat Elevated Corridor had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Indian Highways Management Company Limited
Esther Malini is a mutual person
- Neelambur Madukkarai Tollway Limited
Esther Malini and Parthasarathy Padmanabhan are mutual person
- Vadodara Bharuch Tollway Limited
Esther Malini is a mutual person
- Palanpur-Swaroopgunj Road Project Limited
Esther Malini, Pramod Sharma and 1 more are mutual person
- Ahmedabad - Maliya Tollway Limited
Esther Malini, Pramod Sharma and 1 more are mutual person
- Png Tollway Limited
Esther Malini and Parthasarathy Padmanabhan are mutual person
Charges (Loans)
₹0
₹545.05 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 295.05 Cr
- Idbi Trusteeship Services Limited : 250.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
17 Jul 2012 | Idbi Trusteeship Services Limited | ₹250.00 Cr | Satisfied |
29 Dec 2005 | State Bank Of India | ₹295.05 Cr | Satisfied |
How Many Employees Work at Panipat Elevated Corridor?
Unlock and access historical data on people associated with Panipat Elevated Corridor, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Panipat Elevated Corridor, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panipat Elevated Corridor's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Panipat Elevated Corridor
Recent activity within the organization
- Director Appointment
Parthasarathy Padmanabhan was appointed as a Cfo was appointed as a Cfo on 06 Sep 2024 & has been associated with this company since 8 months 12 days .
- Director Appointment
Pramod Mulchand Sharma was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 11 months 21 days .
- Director Appointment
Sandip Das was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 11 months 21 days .
- Charges
A charge registered on 17 Jul 2012 via Charge ID 10369050 with Idbi Trusteeship Services Limited was fully satisfied on 18 Apr 2024.
- Annual General Meeting
Panipat Elevated Corridor Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.
- Balance Sheet
Panipat Elevated Corridor Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Recent News, Updates & Announcement
- Canada Pension Plan Investment Board makes two investments, one exit in India in Q3 FY23.
During the quarter, CPP Investments made an investment of $53 million for a 2.7 per cent stake in IIFL Wealth, alongside Bain Capital Asia.
- L&T IDPL bags EPC contract for Navi Mumbai airport.
The Navi Mumbai airport, once commissioned, will initially have passenger handling capacity 10 mpa (million passengers per annum), which will be later scaled up to 20 mpa..
- L&T road project in Gujarat faces insolvency.
The petition to seek action under the Insolvency & Bankruptcy Code was moved by Oriental Bank of Commerce against L&T, one of the marquee names in the corporate..
Frequently asked questions
What is the Incorporation or founding date of Panipat Elevated Corridor Limited?
Panipat Elevated Corridor Limited was incorporated on 21 Jul 2005.
What is authorized share capital and paid-up capital of Panipat Elevated Corridor Limited?
The authorized share capital of Panipat Elevated Corridor Limited is ₹ 145.00 Cr and paid-up capital is ₹ 30.05 Cr.
Who are the current board members & directors of Panipat Elevated Corridor Limited?
Currently 5 directors are associated with Panipat Elevated Corridor Limited.
- Esther Malini
- Pramod Mulchand Sharma
- Sandip Das
- Parthasarathy Padmanabhan
- Priti Sharma
What is the registered address of Panipat Elevated Corridor Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Panipat Elevated Corridor Limited is Mount Poonamallee Road Manapakkam India, Chennai, Tamil Nadu, 600089.
What is the corporate identification number (CIN) and company number of Panipat Elevated Corridor Limited?
The corporate identification number (CIN) of Panipat Elevated Corridor Limited is U45203TN2005PLC056999 and the company number is 056999 as per Ministry of Corporate Affairs (MCA).
What is the official website of Panipat Elevated Corridor Limited?
The Official website of Panipat Elevated Corridor Limited is https://www.lntidpl.com
What has been the recent revenue trend for Panipat Elevated Corridor Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Panipat Elevated Corridor Limited has risen by 189.34%.
What change has been observed in the net worth of Panipat Elevated Corridor Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Panipat Elevated Corridor Limited has experienced an upsurge of 11.74%.
When was the last Balance Sheet of Panipat Elevated Corridor Limited filed with the ROC?
The most recent Balance Sheet for Panipat Elevated Corridor Limited was filed with the ROC on 31 Mar 2023.
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