Montecarlo Projects Limited

Infrastructure development, power transmission, distribution, and mining services since 2016.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 29, 2024

Montecarlo Projects Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4,879.63 Cr
  • Satisfied Charges ₹ 915.75 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 five months 15 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 2023. 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 ₹4,879.63 Cr. The company has closed loans amounting to ₹915.75 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

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

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 Country flag representing In Director 18-Aug-2016 Current
Mrunal Patel Country flag representing In Director 18-Aug-2016 Current
Suhas Joshi Country flag representing In 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%.

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
48.21%
Profit or Loss
-69.96%
Net Worth
48.19%
EBITDA
-69.96%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48,796.30 M

Satisfied Charges

₹9,157.50 M

Charges Breakdown by Lending Institutions

  • Others : 4879.63 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2024 Others ₹367.31 Cr Open
16 Jan 2024 Others ₹532.83 Cr Open
27 Sep 2023 Others ₹387.25 Cr Open
20 Oct 2022 Others ₹412.90 Cr Open
30 Mar 2022 Others ₹515.06 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Montecarlo Projects

Recent activity within the organization

  • Charges

    A charge registered on 10 Jan 2018 via Charge ID 100151000 with Others was fully satisfied on 30 May 2024.

    30 May 2024

  • Charges

    A charge with Others of Rs. 5,328.30 M registered on 16 Jan 2024 with Charge ID 100853904 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3,673.10 M with Charge ID 100905930 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge registered on 04 Dec 2017 via Charge ID 100144630 with Others was fully satisfied on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5,328.30 M with Charge ID 100853904 was registered on 16 Jan 2024.

    16 Jan 2024

  • Annual General Meeting

    Montecarlo Projects Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Montecarlo Projects Limited was incorporated on 18 Aug 2016.

  • The authorized share capital of Montecarlo Projects Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Montecarlo Projects Limited.

    • Brijesh Kanubhai Patel
    • Mrunal Kanubhai Patel
    • Suhas Vasantrao Joshi
    • Satish Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Montecarlo Projects Limited is Montecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India, 380058.

  • The corporate identification number (CIN) of Montecarlo Projects Limited is U45303GJ2016PLC093407 and the company number is 093407 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Montecarlo Projects Limited is https://www.mclindia.com

  • As Per 2023 financial reports, 28 employees are currently employed by Montecarlo Projects Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Montecarlo Projects Limited has experienced an upsurge of 48.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Montecarlo Projects Limited amount to ₹ 4,879.63 Cr.

  • The most recent Balance Sheet for Montecarlo Projects Limited was filed with the ROC on 31 Mar 2023.

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