Panipat Elevated Corridor Limited

SPV for widening and strengthening a 4 to 6 lane road on NH-1 in Haryana.

2005 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

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

Infrastructure and Utilities
Company report

Panipat Elevated Corridor Limited

Explore comprehensive data for Panipat Elevated Corridor Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Panipat Elevated Corridor?

Executive Team (2)

NameDesignationAppointment DateStatus
Parthasarathy Padmanabhan Country flag representing In CFO06-Sep-2024Current
Priti Sharma Country flag representing In Company Secretary07-Oct-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Pramod Sharma Country flag representing In Director 29-May-2024Current
Esther Malini Country flag representing In Director 27-Mar-2015Current
Sandip Das Country flag representing In Director 29-May-2024Current

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%.

Panipat Elevated Corridor revenue growth over time
Panipat Elevated Corridor profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
189.34%
Revenue from Operations
195.90%
Total Assets
-19.70%
Profit or Loss
198.85%
Net Worth
11.74%
EBITDA
314.54%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
17 Jul 2012Idbi Trusteeship Services Limited₹250.00 CrSatisfied
29 Dec 2005State Bank Of India₹295.05 CrSatisfied

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.

Employee growth trends for Panipat Elevated Corridor Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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

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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