Meerut Proptech Private Limited

Real estate company offering building, construction, and financial services since 1942 in Uttar Pradesh.

1942 | Meerut, Uttar Pradesh (India) | Active
Last Updated: December 03, 2024

Meerut Proptech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.39 M
  • Company Age 82 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.25 M
  • Satisfied Charges ₹ 4.61 M
  • Revenue Growth 34.94%
  • Profit Growth 82.10%
  • Ebitda 114.30%
  • Net Worth -1.22%
  • Total Assets -3.10%

About Meerut Proptech

Meerut Proptech Private Limited (MPPL) was founded in India on 10 June 1942 and has a glorious history of 82 years and eight months.Its registered office is in Meerut, Uttar Pradesh, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.39 M.

The company currently has active open charges totaling ₹2.25 M. The company has closed loans amounting to ₹4.61 M, as per Ministry of Corporate Affairs (MCA) records.

Deepak Seth, Atul Gupta, and Rita Seth serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15133UP1942PTC001107

  • Company No.

    001107

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1942

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Real Estate and Construction

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rita Seth Country flag representing In Managing Director07-Feb-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Deepak Seth Country flag representing In Director 05-Sep-1991Current
Atul Gupta Country flag representing In Director 02-Sep-2005Current

Financial Performance of Meerut Proptech.

Meerut Proptech Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 34.94% increase. The company also saw a substantial improvement in profitability, with a 82.1% increase in profit. The company's net worth dipped by a decrease of 1.22%.

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
34.94%
Revenue from Operations
37.23%
Total Assets
-3.10%
Profit or Loss
82.10%
Net Worth
-1.22%
EBITDA
114.30%

What is the Ownership and Shareholding Structure of Meerut Proptech?

In 2019, Meerut Proptech 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

₹2.25 M

Satisfied Charges

₹4.61 M

Charges Breakdown by Lending Institutions

  • Others : 0.19 Cr
  • State Bank Of India : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2016Others₹1.95 MOpen
13 Sep 1984State Bank Of India₹0.30 MOpen
26 Feb 2002Bank Of Baroda₹2.90 MSatisfied
22 Mar 2001Bank Of Baroda₹0.40 MSatisfied
12 Jun 2000Bank Of Baroda₹0.14 MSatisfied

How Many Employees Work at Meerut Proptech?

Unlock and access historical data on people associated with Meerut Proptech, 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 Meerut Proptech, 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 Proptech'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 Proptech

Recent activity within the organization

  • Annual General Meeting

    Meerut Proptech Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Meerut Proptech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Director Appointment

    Rita Seth was appointed as a Managing Director was appointed as a Managing Director on 07 Feb 2019 & has been associated with this company since 6 years 15 days .

    07 Feb 2019

  • Charges

    A charge registered on 26 Feb 2002 via Charge ID 90269482 with Bank Of Baroda was fully satisfied on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge registered on 22 Mar 2001 via Charge ID 90272421 with Bank Of Baroda was fully satisfied on 28 Mar 2018.

    28 Mar 2018

  • Charges

    A charge registered on 12 Jun 2000 via Charge ID 90272332 with Bank Of Baroda was fully satisfied on 28 Mar 2018.

    28 Mar 2018

Frequently asked questions

  • Meerut Proptech Private Limited was incorporated on 10 Jun 1942.

  • The authorized share capital of Meerut Proptech Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.39 M.

  • Currently 3 directors are associated with Meerut Proptech Private Limited.

    • Deepak Seth
    • Atul Gupta
    • Rita Seth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meerut Proptech Private Limited is 22Delhi Road Meerut City India, Uttar Pradesh, 250002.

  • The corporate identification number (CIN) of Meerut Proptech Private Limited is U15133UP1942PTC001107 and the company number is 001107 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Meerut Proptech Private Limited has risen by 34.94%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Meerut Proptech Private Limited has experienced an downturn of -1.22%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Meerut Proptech Private Limited amount to ₹ 2.25 M.

  • The most recent Balance Sheet for Meerut Proptech Private Limited was filed with the ROC on 31 Mar 2024.

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