Montecarlo Projects Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6,452.47 Cr
- Satisfied Charges ₹ 1,275.75 Cr
- Revenue Growth %
- Profit Growth -69.96%
- Ebitda -69.96%
- Net Worth 48.19%
- Total Assets 48.21%
About Montecarlo Projects
Montecarlo Projects Limited (MPL) is a Public Limited Indian Non-Government Company incorporated in India on 18 August 2016 (Eight years and eight months 12 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Montecarlo Projects India 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹6,452.47 Cr. The company has closed loans amounting to ₹1,275.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Montecarlo Projects Limited India is Satish Nair as CFO. Brijesh Patel, Mrunal Patel, and Suhas Joshi serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45303GJ2016PLC093407
- Company No.
093407
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Aug 2016
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Infrastructure and Utilities
Montecarlo Projects Limited
Explore comprehensive data for Montecarlo Projects Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Montecarlo Projects?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satish Nair | CFO | 01-Oct-2021 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Brijesh Patel  | Director | 18-Aug-2016 | Current |
| Mrunal Patel | Director | 18-Aug-2016 | Current |
| Suhas Joshi | Director | 05-Apr-2022 | Current |
Financial Performance of Montecarlo Projects.
Montecarlo Projects Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 69.96% decrease in profit. The company's net worth Soared by an impressive increase of 48.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Montecarlo Projects?
In 2023, Montecarlo Projects had a promoter holding of 100.00%. The company had 13 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Montecarlo Limited
Brijesh Patel, Mrunal Patel and 1 more are mutual person
- Montecarlo Enterprises Private Limited
Brijesh Patel and Mrunal Patel are mutual person
- Montecarlo Munger Mirzachauki 1 Highway Private Limited
Suhas Joshi is a mutual person
- Montecarlo Hubli Haveri Highway Private Limited
Suhas Joshi is a mutual person
Montecarlo Asset Holdings LlpBrijesh Patel and Mrunal Patel are mutual person
- Montecarlo Realty Llp
Brijesh Patel and Mrunal Patel are mutual person
Charges (Loans)
Open Charges
₹64,524.70 M
Satisfied Charges
₹12,757.50 M
Charges Breakdown by Lending Institutions
- Others : 4919.52 Cr
- Sbicap Trustee Company Limited : 1532.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2024 | Sbicap Trustee Company Limited | ₹1,532.95 Cr | Open |
| 12 Aug 2024 | Others | ₹399.89 Cr | Open |
| 26 Mar 2024 | Others | ₹367.31 Cr | Open |
| 16 Jan 2024 | Others | ₹532.83 Cr | Open |
| 27 Sep 2023 | Others | ₹387.25 Cr | Open |
How Many Employees Work at Montecarlo Projects?
Montecarlo Projects has a workforce of 28 employees as of Mar 28, 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 Montecarlo Projects, 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 Montecarlo Projects'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.
Latest Updates, News, and FAQs on Montecarlo Projects
Recent activity within the organization
- Charges
A charge registered on 11 Jan 2020 via Charge ID 100321430 with Others was fully satisfied on 15 Oct 2024.
- Annual General Meeting
Montecarlo Projects Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 15,329.50 M with Charge ID 100968366 was registered on 20 Aug 2024.
- Charges
A charge with Others amounted to Rs. 3,998.90 M with Charge ID 100966379 was registered on 12 Aug 2024.
- Charges
A charge registered on 10 Jan 2018 via Charge ID 100151000 with Others was fully satisfied on 30 May 2024.
- Balance Sheet
Montecarlo Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Recent News, Updates & Announcement
CyanConnode Holdings Wins Second Significant Order from Montecarlo Ltd.CyanConnode Holdings Wins Second Significant Order from Montecarlo Ltd.
- Montecarlo Ltd Plans Rs 550 Crore IPO, Aims to Fund Projects and Expand with Support from Top Financial Firms.
Montecarlo Ltd wants to raise Rs 550 crore through IPO. They will issue new shares worth Rs 450 crore and sell 30 lakh shares from existing shareholder Kanubhai M Patel Trust. They may also do a pre-IPO placement for Rs 100 crore. The IPO is expected to fetch Rs 550 crore and the money will be used for projects and other purposes. Edelweiss Financial Services, Axis Capital, and HDFC Bank will manage the IPO. Montecarlo has completed 67 projects in 20 years. They had approval for IPO in 2018 but didn't launch it. Now they have to refile for approval..
- Sembcorp Energy, Montecarlo get Sebi's go-ahead for IPO.
Sembcorp Energy had approached the regulator in February seeking its clearance for the IPO, while Montecarlo had filed its draft papers with Sebi in May.
- Montecarlo files papers for Rs 550 crore IPO with Sebi.
The IPO comprises fresh issuance of shares worth Rs 450 crore besides an offer for sale of up to 30 lakh equity stocks..
- Montecarlo eyes up to $100 million through IPO, appoints investment bank | Mint.
Montecarlo has appointed Edeweiss Financial Services to start work on the proposed IPO, through which it seeks to raise around Rs500-600 crore.
Frequently asked questions
What is the Incorporation or founding date of Montecarlo Projects Limited?
Montecarlo Projects Limited was incorporated on 18 Aug 2016.
What is authorized share capital and paid-up capital of Montecarlo Projects Limited?
The authorized share capital of Montecarlo Projects Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Montecarlo Projects Limited?
Currently 4 directors are associated with Montecarlo Projects Limited.
- Brijesh Kanubhai Patel
- Mrunal Kanubhai Patel
- Suhas Vasantrao Joshi
- Satish Nair
What is the registered address of Montecarlo Projects Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Montecarlo Projects Limited is Montecarlo House Sindhu Bhavan Road Bodakdev, India, Ahmedabad, Gujarat, 380058.
What is the corporate identification number (CIN) and company number of Montecarlo Projects Limited?
The corporate identification number (CIN) of Montecarlo Projects Limited is U45303GJ2016PLC093407 and the company number is 093407 as per Ministry of Corporate Affairs (MCA).
What is the official website of Montecarlo Projects Limited?
The Official website of Montecarlo Projects Limited is https://www.mclindia.com
How many employees does Montecarlo Projects Limited currently have?
As Per 2023 financial reports, 28 employees are currently employed by Montecarlo Projects Limited.
What change has been observed in the net worth of Montecarlo Projects Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Montecarlo Projects Limited has experienced an upsurge of 48.19%.
What are the total open charges for Montecarlo Projects Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Montecarlo Projects Limited amount to ₹ 6,452.47 Cr.
When was the last Balance Sheet of Montecarlo Projects Limited filed with the ROC?
The most recent Balance Sheet for Montecarlo Projects Limited was filed with the ROC on 31 Mar 2024.
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