Mmc Projects (India) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 29-12-2024
- Paid Up Capital ₹ 10.50 Cr
as on 29-12-2024
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 175.72 Cr
as on 29-12-2024
- Satisfied Charges ₹ 84.99 Cr
as on 29-12-2024
- Revenue -72.59%
(FY 2022)
- Profit -70.37%
(FY 2022)
- Ebitda -56.47%
(FY 2022)
- Net Worth 1.05%
(FY 2022)
- Total Assets -0.10%
(FY 2022)
About Mmc Projects (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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 10.50 Cr.
The company currently has active open charges totaling ₹175.72 Cr. The company has closed loans amounting to ₹84.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mmc Projects (India) Private Limited India is Pooja Jain as COMPANY SECRETARY. Sanjay Sorathia, Manish Sorathia, Amritlal Sorathia, and Two other members serve as directors at the Company.
- CIN/LLPIN
U45200GJ2006PTC048948
- Company No.
048948
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Aug 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Kachchh, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Mmc Projects (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pooja Jain | Company Secretary | 01-Feb-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Sorathia  | Director | 24-Aug-2006 | Current |
| Manish Sorathia | Director | 24-Aug-2006 | Current |
| Amritlal Sorathia | Director | 02-Oct-2006 | Current |
| Aakash Sorathia | Director | 31-Dec-2016 | Current |
| Raj Sorathia | Director | 31-Dec-2016 | Current |
Financial Performance of Mmc Projects (India).
Mmc Projects (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 72.59% decrease. The company also saw a substantial fall in profitability, with a 70.37% decrease in profit. The company's net worth moved up by a moderate rise of 1.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mmc Projects (India)?
In 2022, Mmc Projects (India) had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Modcon Constructions Pvt LtdActive 38 years 2 monthsSanjay Sorathia, Aakash Sorathia and 1 more are mutual person
- Manish Entertainment Private LimitedActive 24 years 10 months
Sanjay Sorathia, Manish Sorathia and 2 more are mutual person
- Madhuban Resorts (Club) Private LimitedActive 36 years 4 months
Sanjay Sorathia, Aakash Sorathia and 1 more are mutual person
Charges (Loans)
₹175.72 Cr
₹84.99 Cr
Charges Breakdown by Lending Institutions
- The Kalupur Commercial Co-Operative Bank Limited : 125.00 Cr
- Others : 26.22 Cr
- Hdfc Bank Limited : 20.00 Cr
- The Mehsana Urban Co.-Operative Bank Limited : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2020 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 02 Mar 2019 | The Kalupur Commercial Co-Operative Bank Limited | ₹15.00 Cr | Open |
| 13 Mar 2018 | The Kalupur Commercial Co-Operative Bank Limited | ₹55.00 Cr | Open |
| 10 Jan 2018 | The Kalupur Commercial Co-Operative Bank Limited | ₹55.00 Cr | Open |
| 03 Mar 2014 | The Mehsana Urban Co.-Operative Bank Limited | ₹4.50 Cr | Open |
How Many Employees Work at Mmc Projects (India)?
Mmc Projects (India) has a workforce of 16 employees as of Mar 29, 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 Mmc Projects (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 Mmc Projects (India)'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.
