Mycon Construction Limited

Construction company specializing in civil and structural projects for public and private sectors in South India.

1989 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mycon Construction Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.87 M
  • Company Age 36 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 67.31 Cr
  • Satisfied Charges ₹ 152.47 Cr
  • Revenue Growth -31.09%
  • Profit Growth -5668.83%
  • Ebitda -468.91%
  • Net Worth -20.25%
  • Total Assets -7.61%

About Mycon Construction

Mycon Construction Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1989 and has a history of 36 years. Its registered office is in Bangaluru, Karnataka, 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 3.00 Cr and a paid-up capital of Rs 9.87 M.

The company currently has active open charges totaling ₹67.31 Cr. The company has closed loans amounting to ₹152.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anil Malpani, Sudarshan Malpani, and Sidhant Malpani serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201KA1989PLC010060

  • Company No.

    010060

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1989

  • Date of AGM

    24 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

What products or services does Mycon Construction Limited offer?

Mycon Construction Limited offers a wide range of products and services, including Irrigation System Service, Drip Irrigation Services, Plant & Equipment Erection Services, Power Station Construction Services.

Company report

Mycon Construction Limited

Explore comprehensive data for Mycon Construction Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mycon Construction?

Board Members (3)

NameDesignationAppointment DateStatus
Anil Malpani Country flag representing In Whole-Time Director 09-May-1989Current
Sudarshan Malpani Country flag representing In Whole-Time Director 09-May-1989Current
Sidhant Malpani Additional Director 30-Sep-2024Current

Financial Performance of Mycon Construction.

Mycon Construction Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.09% decrease. The company also saw a substantial fall in profitability, with a 5668.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.25%.

Mycon Construction revenue growth over time
Mycon Construction 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
-31.09%
Revenue from Operations
-31.66%
Total Assets
-7.61%
Profit or Loss
-5668.83%
Net Worth
-20.25%
EBITDA
-468.91%

What is the Ownership and Shareholding Structure of Mycon Construction?

In 2023, Mycon Construction 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

₹67.31 Cr

Satisfied Charges

₹152.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.13 Cr
  • Kotak Mahindra Bank Limited : 9.18 Cr
  • Canara Bank : 7.00 Cr
  • The Bank Of Rajasthan Ltd. : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2011Kotak Mahindra Bank Limited₹1.80 MOpen
31 Oct 2009The Bank Of Rajasthan Ltd.₹1.00 CrOpen
25 Apr 2009Kotak Mahindra Bank Limited₹9.00 CrOpen
27 Nov 2007Canara Bank₹7.00 CrOpen
14 Nov 1994Others₹50.13 CrOpen

How Many Employees Work at Mycon Construction?

Mycon Construction has a workforce of 80 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.

Employee growth trends for Mycon Construction Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mycon Construction, 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 Mycon Construction'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 Mycon Construction

Recent activity within the organization

  • Director Appointment

    Sidhant Malpani was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2024 & has been associated with this company since 7 months 13 days .

  • Annual General Meeting

    Mycon Construction Limited last Annual general meeting of members was held on 24 Nov 2023 as per latest MCA records.

  • Charges

    A charge registered on 29 Jun 2019 via Charge ID 100276631 with Others was fully satisfied on 23 Nov 2023.

  • Charges

    A charge registered on 26 Feb 2019 via Charge ID 100243177 with Others was fully satisfied on 23 Nov 2023.

  • Charges

    A charge registered on 26 Dec 2018 via Charge ID 100243708 with Others was fully satisfied on 23 Nov 2023.

  • Balance Sheet

    Mycon Construction Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Mycon Construction Limited?

    Mycon Construction Limited was incorporated on 09 May 1989.

  • What is authorized share capital and paid-up capital of Mycon Construction Limited?

    The authorized share capital of Mycon Construction Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.87 M.

  • Who are the current board members & directors of Mycon Construction Limited?

    Currently 3 directors are associated with Mycon Construction Limited.

    • Anil Kumar Malpani
    • Sudarshan Malpani
    • Sidhant Malpani

  • What is the registered address of Mycon Construction Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mycon Construction Limited is Industry House 45 Race Courseroad Road, India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Mycon Construction Limited?

    The corporate identification number (CIN) of Mycon Construction Limited is U45201KA1989PLC010060 and the company number is 010060 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mycon Construction Limited?

    The Official website of Mycon Construction Limited is https://www.myconltd.com

  • What has been the recent revenue trend for Mycon Construction Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mycon Construction Limited has fallen by -31.09%.

  • How many employees does Mycon Construction Limited currently have?

    As Per 2023 financial reports, 80 employees are currently employed by Mycon Construction Limited.

  • What change has been observed in the net worth of Mycon Construction Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mycon Construction Limited has experienced an downturn of -20.25%.

  • What are the total open charges for Mycon Construction Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mycon Construction Limited amount to ₹ 67.31 Cr.

  • When was the last Balance Sheet of Mycon Construction Limited filed with the ROC?

    The most recent Balance Sheet for Mycon Construction Limited was filed with the ROC on 31 Mar 2023.

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