Salem Tollways Limited

Special purpose company responsible for widening and maintaining highway stretches in Tamil Nadu.

2005 | Hyderabad, Telangana (India) | Active
Last Updated: December 02, 2024

Salem Tollways Profile

Key Indicators

  • Authorised Capital ₹ 101.50 Cr
  • Paid Up Capital ₹ 101.30 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 316.50 Cr
  • Revenue Growth 1.94%
  • Profit Growth -25.21%
  • Ebitda -9.84%
  • Net Worth -26.18%
  • Total Assets -2.67%

About Salem Tollways

Salem Tollways Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 November 2005 and has a history of 19 years and three months. Its registered office is in Hyderabad, Telangana, 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 101.50 Cr and a paid-up capital of Rs 101.30 Cr.

The company has closed loans amounting to ₹316.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Salem Tollways Limited India is Ramachandra Gollakota as COMPANY SECRETARY. Raj Yellamilli, Snarayanan, and Kirthivas serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ivrcl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200TG2005PLC047961

  • Company No.

    047961

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Salem Tollways?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramachandra Gollakota Country flag representing In Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Raj Yellamilli Country flag representing In Director 27-May-2019Current
Snarayanan Country flag representing In Director 08-May-2023Current
Kirthivas Country flag representing In Additional Director 07-Sep-2023Current

Financial Performance of Salem Tollways.

Salem Tollways Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 1.94% increase. The company also saw a substantial fall in profitability, with a 25.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 26.18%.

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
1.94%
Revenue from Operations
1.22%
Total Assets
-2.67%
Profit or Loss
-25.21%
Net Worth
-26.18%
EBITDA
-9.84%

What is the Ownership and Shareholding Structure of Salem Tollways?

In 2021, Salem Tollways 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

₹316.50 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 316.50 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2006Idbi Trusteeship Services Limited₹316.50 CrSatisfied

How Many Employees Work at Salem Tollways?

Unlock and access historical data on people associated with Salem Tollways, 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 Salem Tollways, 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 Salem Tollways'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 Salem Tollways

Recent activity within the organization

  • Charges

    A charge registered on 03 Oct 2006 via Charge ID 10025956 with Idbi Trusteeship Services Limited was fully satisfied on 17 May 2024.

    17 May 2024

  • Annual General Meeting

    Salem Tollways Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Kirthivas was appointed as a Additional Director was appointed as a Additional Director on 07 Sep 2023 & has been associated with this company since 1 year 5 months .

    07 Sep 2023

  • Director Appointment

    Snarayanan was appointed as a Director was appointed as a Director on 08 May 2023 & has been associated with this company since 1 year 9 months .

    08 May 2023

  • Balance Sheet

    Salem Tollways Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Raj Kumar Yellamilli was appointed as a Director was appointed as a Director on 27 May 2019 & has been associated with this company since 5 years 8 months .

    27 May 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Salem Tollways Limited was incorporated on 07 Nov 2005.

  • The authorized share capital of Salem Tollways Limited is ₹ 101.50 Cr and paid-up capital is ₹ 101.30 Cr.

  • Currently 4 directors are associated with Salem Tollways Limited.

    • Raj Kumar Yellamilli
    • Snarayanan
    • Kirthivas
    • Ramachandra Murthy Gollakota
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salem Tollways Limited is Mihir 8-2-350/5/A/24/1B 2 Panchavaticolonyroadno.2 Banjarahills, India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Salem Tollways Limited is U45200TG2005PLC047961 and the company number is 047961 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Salem Tollways Limited is https://www.ivrcl.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Salem Tollways Limited has risen by 1.94%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Salem Tollways Limited has experienced an downturn of -26.18%.

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

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