Mahalaxmi Infracontract Limited

Mining contractor providing excavation, overburden removal, and transportation services for public sector undertakings.

2010 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 28, 2024

Mahalaxmi Infracontract Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.49 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,878.09 Cr
  • Satisfied Charges ₹ 1,116.56 Cr
  • Revenue Growth 4.95%
  • Profit Growth 8.54%
  • Ebitda -3.33%
  • Net Worth 15.55%
  • Total Assets 1.17%

About Mahalaxmi Infracontract

Mahalaxmi Infracontract Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 2010 and has a history of 14 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Mahalaxmi Infracontract Private Limited. The Company is engaged in the Metals And Minerals 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 20.00 Cr and a paid-up capital of Rs 19.49 Cr.

The company currently has active open charges totaling ₹1,878.09 Cr. The company has closed loans amounting to ₹1,116.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahalaxmi Infracontract Limited India is Disha Shah as COMPANY SECRETARY. Sanjoly Jalan, Hiralal Dholu, Mohanlal Dholu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    miplgroups.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14200GJ2010PLC060146

  • Company No.

    060146

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Mahalaxmi Infracontract?

Executive Team (2)

NameDesignationAppointment DateStatus
Abji Dholu Country flag representing In Managing Director05-Apr-2010Current
Disha Shah Company Secretary30-Sep-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjoly Jalan Country flag representing In Director 04-Jan-2019Current
Hiralal Dholu Country flag representing In Whole-Time Director 05-Apr-2010Current
Mohanlal Dholu Country flag representing In Whole-Time Director 05-Apr-2010Current
Lakhamshi Senghani Country flag representing In Director 15-Sep-2018Current

Financial Performance of Mahalaxmi Infracontract.

Mahalaxmi Infracontract Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.95% increase. The company also saw a slight improvement in profitability, with a 8.54% increase in profit. The company's net worth Soared by an impressive increase of 15.55%.

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
4.95%
Revenue from Operations
5.08%
Total Assets
1.17%
Profit or Loss
8.54%
Net Worth
15.55%
EBITDA
-3.33%

What is the Ownership and Shareholding Structure of Mahalaxmi Infracontract?

In 2022, Mahalaxmi Infracontract had a promoter holding of 100.00%. The company had 3 Subsidiaries and 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

₹1,878.09 Cr

Satisfied Charges

₹1,116.56 Cr

Charges Breakdown by Lending Institutions

  • Others : 1362.81 Cr
  • Hdfc Bank Limited : 163.77 Cr
  • State Bank Of India : 120.00 Cr
  • Yes Bank Limited : 75.00 Cr
  • Axis Bank Limited : 72.50 Cr
  • Others : 84.01 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2024Others₹505.00 CrOpen
07 Oct 2024Others₹100.00 CrOpen
31 Aug 2024Others₹1.91 CrOpen
23 Jul 2024Others₹3.05 MOpen
25 Apr 2024Uco Bank₹20.00 CrOpen

How Many Employees Work at Mahalaxmi Infracontract?

Mahalaxmi Infracontract has a workforce of 3250 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahalaxmi Infracontract, 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 Mahalaxmi Infracontract'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 Mahalaxmi Infracontract

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 505.00 Cr registered on 28 Oct 2024 with Charge ID 100999365 was modified on 28 Nov 2024.

    28 Nov 2024

  • Charges

    A charge registered on 02 Sep 2022 via Charge ID 100618900 with Others was fully satisfied on 18 Nov 2024.

    18 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 505.00 Cr with Charge ID 100999365 was registered on 28 Oct 2024.

    28 Oct 2024

  • Charges

    A charge registered on 02 Aug 2022 via Charge ID 100612422 with Others was fully satisfied on 23 Oct 2024.

    23 Oct 2024

  • Charges

    A charge registered on 12 Feb 2020 via Charge ID 100329385 with Others was fully satisfied on 23 Oct 2024.

    23 Oct 2024

  • Charges

    A charge registered on 21 Sep 2019 via Charge ID 100295124 with Others was fully satisfied on 10 Oct 2024.

    10 Oct 2024

Frequently asked questions

  • Mahalaxmi Infracontract Limited was incorporated on 05 Apr 2010.

  • The authorized share capital of Mahalaxmi Infracontract Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.49 Cr.

  • Currently 6 directors are associated with Mahalaxmi Infracontract Limited.

    • Sanjoly Alkesh Jalan
    • Hiralal Karamshi Dholu
    • Mohanlal Karamshi Dholu
    • Abji Karamshi Dholu
    • Lakhamshi Ladhabhai Senghani
    • Disha Darshil Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahalaxmi Infracontract Limited is 816-817 Binori B Square-Iii Sindhu Bhavan Road, Near Tradebulls India, Ahmadabad City, Gujarat, 380054.

  • The corporate identification number (CIN) of Mahalaxmi Infracontract Limited is U14200GJ2010PLC060146 and the company number is 060146 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahalaxmi Infracontract Limited is https://www.miplgroups.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mahalaxmi Infracontract Limited has risen by 4.95%.

  • As Per 2022 financial reports, 3250 employees are currently employed by Mahalaxmi Infracontract Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mahalaxmi Infracontract Limited has experienced an upsurge of 15.55%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mahalaxmi Infracontract Limited amount to ₹ 1,878.09 Cr.

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

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