Meerut Budaun Expressway Limited

Infrastructure development for a 129.700 km expressway in Uttar Pradesh under PPP model.

2022 | Mumbai, Maharashtra (India) | Active
Last Updated: November 06, 2024

Meerut Budaun Expressway Profile

Key Indicators

  • Authorised Capital ₹ 535.00 Cr
  • Paid Up Capital ₹ 533.25 Cr
  • Company Age 3 Year, 26 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,659.00 Cr
  • Revenue Growth %
  • Profit Growth 1135400.00%
  • Ebitda 2036266.67%
  • Net Worth 1206934.04%
  • Total Assets 175681.74%

About Meerut Budaun Expressway

Meerut Budaun Expressway Limited (MBEL) is a Public Limited Indian Non-Government Company incorporated in India on 05 January 2022 (Three years 26 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Meerut Budaun Expressway Private Limited. 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 535.00 Cr and a paid-up capital of Rs 533.25 Cr.

The company currently has active open charges totaling ₹2,659.00 Cr.

The Key Managerial Personnel (KMP) at Meerut Budaun Expressway Limited India are Rajpaul Sharma as Ceo, Mehulkumar Patel as Company Secretary, and Tushar Kawedia as Cfo. Krishnamurthy Gopalratnam, Sandeep Shah, Dhananjay Joshi, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45309MH2022PLC374506

  • Company No.

    374506

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 2022

  • Date of AGM

    07 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Meerut Budaun Expressway?

Executive Team (3)

NameDesignationAppointment DateStatus
Tushar Kawedia Country flag representing In CFO19-Oct-2022Current
Rajpaul Sharma CEO19-Oct-2022Current
Mehulkumar Patel Company Secretary19-Oct-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Krishnamurthy Gopalratnam Country flag representing In Director 15-Dec-2022Current
Sandeep Shah Country flag representing In Additional Director 04-Jul-2023Current
Dhananjay Joshi Country flag representing In Director 05-Jan-2022Current
Ranjana Paranjape Country flag representing In Director 15-Dec-2022Current

Financial Performance of Meerut Budaun Expressway.

Meerut Budaun Expressway Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 1135400% increase in profit. The company's net worth Soared by an impressive increase of 1206934.04%.

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
Revenue from Operations
Total Assets
175681.74%
Profit or Loss
1135400.00%
Net Worth
1206934.04%
EBITDA
2036266.67%

What is the Ownership and Shareholding Structure of Meerut Budaun Expressway?

In 2023, Meerut Budaun Expressway had a promoter holding of 51.00% and a public holding of 49.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,659.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2659.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2022Others₹2,659.00 CrOpen

How Many Employees Work at Meerut Budaun Expressway?

Meerut Budaun Expressway has a workforce of 0 employees as of Apr 11, 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 Meerut Budaun Expressway, 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 Meerut Budaun Expressway'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 Meerut Budaun Expressway

Recent activity within the organization

  • Annual General Meeting

    Meerut Budaun Expressway Limited last Annual general meeting of members was held on 07 Aug 2023 as per latest MCA records.

    07 Aug 2023

  • Director Appointment

    Sandeep Jasvantlal Shah was appointed as a Additional Director was appointed as a Additional Director on 04 Jul 2023 & has been associated with this company since 1 year 6 months .

    04 Jul 2023

  • Balance Sheet

    Meerut Budaun Expressway Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2,659.00 Cr registered on 15 Jun 2022 with Charge ID 100586461 was modified on 13 Feb 2023.

    13 Feb 2023

  • Director Appointment

    Krishnamurthy Kulumani Gopalratnam was appointed as a Director was appointed as a Director on 15 Dec 2022 & has been associated with this company since 2 years 1 month .

    15 Dec 2022

  • Director Appointment

    Ranjana Vinay Paranjape was appointed as a Director was appointed as a Director on 15 Dec 2022 & has been associated with this company since 2 years 1 month .

    15 Dec 2022

Frequently asked questions

  • Meerut Budaun Expressway Limited was incorporated on 05 Jan 2022.

  • The authorized share capital of Meerut Budaun Expressway Limited is ₹ 535.00 Cr and paid-up capital is ₹ 533.25 Cr.

  • Currently 7 directors are associated with Meerut Budaun Expressway Limited.

    • Krishnamurthy Kulumani Gopalratnam
    • Sandeep Jasvantlal Shah
    • Dhananjay Krishnaji Joshi
    • Ranjana Vinay Paranjape
    • Rajpaul Satyapaul Sharma
    • Mehulkumar Natwarlal Patel
    • Tushar Kantilal Kawedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meerut Budaun Expressway Limited is 11Th Flr 1101 Hiranandani Knowledge Park Technology Street Hill Side Avenue Powai India, Mumbai, Maharashtra, 400076.

  • The corporate identification number (CIN) of Meerut Budaun Expressway Limited is U45309MH2022PLC374506 and the company number is 374506 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meerut Budaun Expressway Limited is https://www.irb.co.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meerut Budaun Expressway Limited has experienced an upsurge of 1206934.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Meerut Budaun Expressway Limited amount to ₹ 2,659.00 Cr.

  • The most recent Balance Sheet for Meerut Budaun Expressway Limited was filed with the ROC on 31 Mar 2023.

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