Patel Highway Management Private Limited

Special purpose vehicle responsible for major maintenance on a 260.5 km stretch of national highways.

2009 | Vadodara, Gujarat (India) | Active
Last Updated: July 04, 2024

Patel Highway Management Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 250.00 Cr
  • Satisfied Charges ₹ 402.03 Cr
  • Revenue Growth -94.02%
  • Profit Growth -2073.91%
  • Ebitda -234.92%
  • Net Worth -0.46%
  • Total Assets -5.49%

About Patel Highway Management

Patel Highway Management Private Limited (PHMPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 September 2009 and has a history of 15 years and five months. Its registered office is in Vadodara, Gujarat, India.

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 7.50 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹250.00 Cr. The company has closed loans amounting to ₹402.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pravinbhai Patel and Arvind Patel serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    patelinfra.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45203GJ2009PTC058178

  • Company No.

    058178

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Patel Highway Management?

Board Members (2)

NameDesignationAppointment DateStatus
Pravinbhai Patel Country flag representing In Director 24-Sep-2009Current
Arvind Patel Country flag representing In Director 24-Sep-2009Current

Financial Performance of Patel Highway Management.

Patel Highway Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.02% decrease. The company also saw a substantial fall in profitability, with a 2073.91% decrease in profit. The company's net worth dipped by a decrease of 0.46%.

Graph illustrating revenue growth over time
Graph showing 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
-94.02%
Revenue from Operations
-97.71%
Total Assets
-5.49%
Profit or Loss
-2073.91%
Net Worth
-0.46%
EBITDA
-234.92%

What is the Ownership and Shareholding Structure of Patel Highway Management?

In 2023, Patel Highway Management had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.00 Cr

Satisfied Charges

₹402.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 250.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2022Others₹150.00 CrOpen
13 Oct 2021Others₹100.00 CrOpen
09 Jul 2019Others₹200.00 CrSatisfied
05 Dec 2012Punjab National Bank₹178.89 CrSatisfied
20 Jun 2012Kotak Mahindra Prime Limited₹1.36 MSatisfied

How Many Employees Work at Patel Highway Management?

Unlock and access historical data on people associated with Patel Highway Management, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patel Highway Management, 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 Patel Highway Management'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 Patel Highway Management

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 150.00 Cr registered on 13 Oct 2022 with Charge ID 100621697 was modified on 08 Feb 2024.

    08 Feb 2024

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 13 Oct 2021 with Charge ID 100495852 was modified on 08 Feb 2024.

    08 Feb 2024

  • Charges

    A charge registered on 09 Jul 2019 via Charge ID 100278999 with Others was fully satisfied on 13 Dec 2023.

    13 Dec 2023

  • Annual General Meeting

    Patel Highway Management Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Patel Highway Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100621697 was registered on 13 Oct 2022.

    13 Oct 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Patel Highway Management Private Limited was incorporated on 24 Sep 2009.

  • The authorized share capital of Patel Highway Management Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 2 directors are associated with Patel Highway Management Private Limited.

    • Pravinbhai Vithalbhai Patel
    • Arvind Vithalbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Highway Management Private Limited is PatelhouseBesideprakrutiresortChhaniroadChh, Ani, Vadodara, Gujarat, India, 391740.

  • The corporate identification number (CIN) of Patel Highway Management Private Limited is U45203GJ2009PTC058178 and the company number is 058178 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patel Highway Management Private Limited is https://www.patelinfra.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patel Highway Management Private Limited has fallen by -94.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patel Highway Management Private Limited has experienced an downturn of -0.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patel Highway Management Private Limited amount to ₹ 250.00 Cr.

  • The most recent Balance Sheet for Patel Highway Management Private Limited was filed with the ROC on 31 Mar 2023.

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