Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) is an India-based infrastructure development company specializing in the design, engineering, procurement, financing, construction, operation, and maintenance of funicular ropeway systems for steep terrains, primarily operating under a build-operate-transfer (BOT) model through public-private partnerships. The company offers core services including funicular ropeway transportation at the Saptashrungi Gad Temple in Vani, Nashik, Maharashtra; ancillary facilities such as a shopping complex with over 50 shops providing goods and food options; parking for more than 150 vehicles; and hospitality solutions comprising a 28-room hotel with dormitories, a multi-cuisine restaurant, and a coffee shop, all integrated within a 10-acre project site accessible until 2034. SGFRL serves pilgrims, tourists, and visitors to hilly pilgrimage sites, enhancing connectivity and providing end-to-end transportation and support services in the highways and railtracks segment of the transportation industry. Founded on February 11, 2010, and headquartered at 18, Suyog Industrial Estate, 1st Floor, LBS Marg, Vikhroli West, Mumbai, the company listed on the BSE SME platform in November 2021 via an initial public offering of 6.555 million equity shares. In recent developments, SGFRL reported revenue of Rs 53 crore and EBITDA of Rs 17.50 crore for the fiscal year ended March 31, 2025, reflecting a decline from Rs 63.11 crore and Rs 15.16 crore in fiscal 2024 amid ongoing operations, while maintaining focus on safety certifications and project extensions granted by Maharashtra's Public Works Department. The company continues to prioritize sustainable transportation expansions without notable acquisitions, partnerships, or new product launches in the past 1-2 years, as evidenced by board meetings for financial results in May and November 2025.