Mehul Construction Company Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 2.05 Cr
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 118.24 Cr
- Satisfied Charges ₹ 87.68 Cr
- Revenue Growth -69.79%
- Profit Growth -73.25%
- Ebitda -35.48%
- Net Worth 1.92%
- Total Assets 2.57%
About Mehul Construction Company
Mehul Construction Company Pvt Ltd (MCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 1985 and has a history of 39 years and five months. Its registered office is in Solapur, Maharashtra, India.
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 4.50 Cr and a paid-up capital of Rs 2.05 Cr.
The company currently has active open charges totaling ₹118.24 Cr. The company has closed loans amounting to ₹87.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bipinbhai Patel, Hareshbhai Patel, Shobhaben Patel, and Four other members serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U45202MH1985PTC037560
- Company No.
037560
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Sep 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Mehul Construction Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bipinbhai Patel  | Managing Director | 23-Sep-1985 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hareshbhai Patel | Director | 01-Feb-1992 | Current |
| Shobhaben Patel | Director | 04-Apr-1994 | Current |
| Mehul Patel | Director | 22-Jul-1996 | Current |
| Dhaval Patel | Director | 01-Nov-2002 | Current |
| Amit Patel | Director | 01-Nov-2002 | Current |
| Bhartiben Patel | Director | 04-Apr-1994 | Current |
Financial Performance of Mehul Construction Company.
Mehul Construction Company Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 69.79% decrease. The company also saw a substantial fall in profitability, with a 73.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mehul Construction Company?
In 2023, Mehul Construction Company had a promoter holding of 81.67% and a public holding of 18.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Solapur Sugar LimitedBipinbhai Patel, Hareshbhai Patel and 3 more are mutual person
Charges (Loans)
₹118.24 Cr
₹87.68 Cr
Charges Breakdown by Lending Institutions
- Others : 71.00 Cr
- Canara Bank : 40.37 Cr
- Axis Bank Limited : 3.99 Cr
- Hdfc Bank Limited : 2.88 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2024 | Hdfc Bank Limited | ₹9.14 M | Open |
| 31 Jan 2024 | Axis Bank Limited | ₹8.19 M | Open |
| 27 Jun 2023 | Hdfc Bank Limited | ₹1.12 Cr | Open |
| 25 Jun 2023 | Hdfc Bank Limited | ₹8.44 M | Open |
| 31 May 2023 | Others | ₹26.00 Cr | Open |
How Many Employees Work at Mehul Construction Company?
Mehul Construction Company has a workforce of 52 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mehul Construction Company, 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 Mehul Construction Company's trajectory.
Rating
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
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.
