Company Intelligence Profile
Subhash Infraengineers Private Limited
Subhash Infraengineers is a civil construction contractor that builds ash bunds and ash dykes for thermal power plants, plus roads, railways and irrigation works.
Last updated 15 October 2026
Subhash Infraengineers Private Limited, known as SIPL Group, is a civil and infrastructure construction contractor. It was incorporated in Delhi on 14 October 2009 and builds ash bunds and ash dykes for thermal power plants, along with roads, railways and irrigation works. Its total assets were ₹426.3 Cr in FY2023-24. CRISIL rated it BBB+ with a Stable outlook before the ratings were withdrawn in January 2025. The company has 78 active charges registered against it.
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Company Identity
| Registered name | SUBHASH INFRAENGINEERS PRIVATE LIMITED |
|---|---|
| CIN | U45200DL2009PTC195225 |
| PAN | AANCS5001K |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 14 October 2009 |
| ROC | RoC-Delhi |
| Sector (NIC) | Construction & Real Estate (NIC 45200) |
| Registered address | SCO No-4, 1st Floor, C.S.C. Pocket-C, Sarita Vihar, New Delhi, Delhi, India - 110076 |
| Authorized capital | ₹5,00,00,000 (₹5.0 Cr) |
| Paid-up capital | ₹3,48,75,000 (₹3.49 Cr) |
Business Overview
- Subhash Infraengineers Private Limited trades as SIPL Group and is a civil and infrastructure construction contractor.
- Its core work is building ash bunds and ash dykes for thermal power plants.
- It also builds roads, railways, irrigation works and sewage treatment plants.
- Clients include NTPC, BHEL, NHPC and state and central government departments.
- It was incorporated on 14 October 2009.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Dilbag Singh Saini | 00814965 | Director | 14 Oct 2009 |
| Jasbir Saini | 00814682 | Director | 14 Oct 2009 |
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 06AANCS5001K1ZB | Haryana | AANCS5001K | Active |
| 09AANCS5001K1Z5 | Uttar Pradesh | AANCS5001K | - |
| 03AANCS5001K1ZH | Punjab | AANCS5001K | - |
| 03AANCS5001K2ZG | Punjab | AANCS5001K | - |
| 36AANCS5001K1Z8 | Telangana | AANCS5001K | - |
Financials
- Total assets ₹426.3 Cr
Charges & Borrowings
- 78 active charges are registered against the company.
Credit Ratings
| Jan 2025 | CRISIL reaffirmed its ratings on the bank facilities, then withdrew them at the company's request |
|---|---|
| Nov 2023 | CRISIL reaffirmed CRISIL BBB+/Stable/CRISIL A2 |
| Aug 2022 | CRISIL upgraded the rating to CRISIL BBB+/Stable/CRISIL A2, from CRISIL BBB/Positive/CRISIL A3+ |
Legal & Compliance
| Delhi High Court, 17 Apr 2023 | Subhash Infraengineers Pvt Ltd vs NTPC Ltd, a petition to appoint a sole arbitrator over the Starter Ash Dyke package for Barauni Thermal Power Project (2x250MW) |
|---|---|
| Supreme Court, 23 Aug 2019 | National Aluminium Company Ltd. vs Subhash Infra Engineers Pvt. Ltd. and Anr., a construction contract dispute |
Competitors
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