Mek Construction (India) Limited

Founded in 1970 headquartered in Maharashtra, India.

1970 | Thane, Maharashtra (India) | Active
Last Updated: December 27, 2024

Mek Construction (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 54 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 2.24 Cr
  • Revenue Growth %
  • Profit Growth -16.44%
  • Ebitda -16.44%
  • Net Worth -49.92%
  • Total Assets -1.15%

About Mek Construction (India)

Mek Construction (India) Limited (MCIL) was founded in India on 24 July 1970 and has a glorious history of 54 years and six months.Its registered office is in Thane, Maharashtra, 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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹2.24 Cr.

Sabir Lokhandwala, Shakir Lokhandwala, Safiya Sabir, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1970PLC014721

  • Company No.

    014721

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1970

  • Date of AGM

    23 Jun 2023

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Mek Construction (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Sabir Lokhandwala Country flag representing In Director 11-Jan-1990Current
Shakir Lokhandwala Country flag representing In Director 01-Oct-1994Current
Safiya Sabir Country flag representing In Director 06-Jul-2020Current
Asif Lokhandwala Country flag representing In Director 06-Jul-2020Current

Financial Performance of Mek Construction (India).

Mek Construction (India) Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 16.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 49.92%.

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
-1.15%
Profit or Loss
-16.44%
Net Worth
-49.92%
EBITDA
-16.44%

What is the Ownership and Shareholding Structure of Mek Construction (India)?

In 2022, Mek Construction (India) 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

₹22.37 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 1.94 Cr
  • Union Bank : 0.24 Cr
  • Dena Bank : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 1998Union Bank Of India₹1.32 MOpen
12 Jan 1989Union Bank Of India₹7.50 MOpen
12 Jan 1989Union Bank Of India₹7.50 MOpen
18 Jan 1986Union Bank Of India₹0.20 MOpen
18 Aug 1981Union Bank Of India₹0.40 MOpen

How Many Employees Work at Mek Construction (India)?

Unlock and access historical data on people associated with Mek Construction (India), 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 Mek Construction (India), 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 Mek Construction (India)'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 Mek Construction (India)

Recent activity within the organization

  • Annual General Meeting

    Mek Construction (India) Limited last Annual general meeting of members was held on 23 Jun 2023 as per latest MCA records.

    23 Jun 2023

  • Balance Sheet

    Mek Construction (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Safiya Lokhandwala Sabir was appointed as a Director was appointed as a Director on 06 Jul 2020 & has been associated with this company since 4 years 6 months .

    06 Jul 2020

  • Director Appointment

    Asif Sabir Lokhandwala was appointed as a Director was appointed as a Director on 06 Jul 2020 & has been associated with this company since 4 years 6 months .

    06 Jul 2020

  • Charges

    A charge with Union Bank Of India of Rs. 1.32 M registered on 05 Mar 1998 with Charge ID 90360057 was modified on 20 Dec 1999.

    20 Dec 1999

  • Charges

    A charge with Union Bank Of India of Rs. 7.50 M registered on 12 Jan 1989 with Charge ID 90359939 was modified on 20 Dec 1999.

    20 Dec 1999

Frequently asked questions

  • Mek Construction (India) Limited was incorporated on 24 Jul 1970.

  • The authorized share capital of Mek Construction (India) Limited is ₹ 5.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Mek Construction (India) Limited.

    • Sabir Ibahim Lokhandwala
    • Shakir Lokhandwala
    • Safiya Lokhandwala Sabir
    • Asif Sabir Lokhandwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mek Construction (India) Limited is 102.13 Old Mumbai Poona Road, Mumbra India, Thane, Maharashtra, 400612.

  • The corporate identification number (CIN) of Mek Construction (India) Limited is U99999MH1970PLC014721 and the company number is 014721 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Mek Construction (India) Limited has experienced an downturn of -49.92%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Mek Construction (India) Limited amount to ₹ 2.24 Cr.

  • The most recent Balance Sheet for Mek Construction (India) Limited was filed with the ROC on 31 Mar 2022.