

Madhav Infra Projects Profile
Key Indicators
- Authorised Capital ₹ 91.15 Cr
- Paid Up Capital ₹ 64.86 Cr
- Company Age 32 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 961.57 Cr
- Satisfied Charges ₹ 763.69 Cr
- Revenue Growth 42.57%
- Profit Growth 161.61%
- Ebitda 48.00%
- Net Worth 5.75%
- Total Assets -5.49%
About Madhav Infra Projects
Madhav Infra Projects Limited (MIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 October 1992 and has a history of 32 years and six months. Its registered office is in Vadodara, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539894.
The Corporate was formerly known as Myraj Consultancy 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 91.15 Cr and a paid-up capital of Rs 64.86 Cr.
The company currently has active open charges totaling ₹961.57 Cr. The company has closed loans amounting to ₹763.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Madhav Infra Projects Limited India are Rajendrasinh Rana as CFO and Kinjal Khandelwal as Company Secretary. Ashok Madhavdas, Amit Ashok, Neelakshi Khurana, and Three other members serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L45200GJ1992PLC018392
- Company No.
018392
- Stock Symbol
BSE : 539894
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Oct 1992
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Madhav Infra Projects Limited offer?
Madhav Infra Projects Limited offers a wide range of products and services, including Environment Protection & Auditing, Environmental Consultants, Energy Conservation, Solar Power Plants, Solar Power Systems.
Who are the key members and board of directors at Madhav Infra Projects?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Amit Ashok ![]() | Managing Director | 14-Feb-2019 | Current |
Rajendrasinh Rana ![]() | CFO | 13-Aug-2022 | Current |
Kinjal Khandelwal ![]() | Company Secretary | 02-Sep-2023 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Neelakshi Khurana ![]() | Director | 29-Jan-2024 | Current |
Ashok Madhavdas ![]() | Director | 14-Feb-2019 | Current |
Shankar Bhagat ![]() | Director | 05-Aug-2024 | Current |
Kamal Lalani ![]() | Director | 05-Aug-2024 | Current |
Hiral Patel ![]() | Director | 05-Aug-2024 | Current |
Financial Performance of Madhav Infra Projects.
Madhav Infra Projects Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.57% increase. The company also saw a substantial improvement in profitability, with a 161.61% increase in profit. The company's net worth moved up by a moderate rise of 5.75%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Madhav Infra Projects?
In 2023, Madhav Infra Projects had a promoter holding of 69.00% and a public holding of 31.01%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Starlineps Enterprises Limited
Hiral Patel is a mutual person
- Waa Solar Limited
Amit Ashok, Neelakshi Khurana and 2 more are mutual person
- Easy Pay Private Limited
Hiral Patel is a mutual person
- Madhav Solar (J) Private Limited
Amit Ashok is a mutual person
- Sainergy Industrial Products Private Limited
Ashok Madhavdas is a mutual person
- Madhav Power Private Limited
Ashok Madhavdas is a mutual person
Charges (Loans)
₹961.57 Cr
₹763.69 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 414.84 Cr
- Sbicap Trustee Company Limited : 347.02 Cr
- State Bank Of India : 80.08 Cr
- Others : 67.48 Cr
- Axis Bank Limited : 29.58 Cr
- Others : 22.58 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
06 Nov 2024 | Axis Bank Limited | ₹2.66 M | Open |
29 Sep 2024 | Others | ₹8.05 M | Open |
29 Sep 2024 | Others | ₹1.32 M | Open |
27 Sep 2024 | Others | ₹6.40 M | Open |
12 Sep 2024 | Sbicap Trustee Company Limited | ₹255.58 Cr | Open |
How Many Employees Work at Madhav Infra Projects?
Madhav Infra Projects has a workforce of 113 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 Madhav Infra 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 Madhav Infra 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 Madhav Infra Projects
Recent activity within the organization
- Charges
A charge registered on 26 Aug 2020 via Charge ID 100366417 with Others was fully satisfied on 26 Nov 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101009186 was registered on 06 Nov 2024.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 400.00 Cr registered on 17 Dec 2014 with Charge ID 10542267 was modified on 05 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100986983 was registered on 29 Sep 2024.
- Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100986989 was registered on 29 Sep 2024.
- Charges
A charge with Others amounted to Rs. 0.64 Cr with Charge ID 100986990 was registered on 27 Sep 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Madhav Infra Projects Limited?
Madhav Infra Projects Limited was incorporated on 07 Oct 1992.
What is authorized share capital and paid-up capital of Madhav Infra Projects Limited?
The authorized share capital of Madhav Infra Projects Limited is ₹ 91.15 Cr and paid-up capital is ₹ 64.86 Cr.
Who are the current board members & directors of Madhav Infra Projects Limited?
Currently 8 directors are associated with Madhav Infra Projects Limited.
- Ashok Khurana Madhavdas
- Amit Khurana Ashok
- Neelakshi Amit Khurana
- Shankar Prasad Bhagat
- Kamal Ashwinbhai Lalani
- Hiral Vinodbhai Patel
- Rajendrasinh Kishorsinh Rana
- Kinjal Khandelwal
What is the registered address of Madhav Infra Projects Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Madhav Infra Projects Limited is Madhav House Plot No. 04 Nr. Panchratna Building, Subhanpura India, Vadodara, Gujarat, 390023.
What is the corporate identification number (CIN) and company number of Madhav Infra Projects Limited?
The corporate identification number (CIN) of Madhav Infra Projects Limited is L45200GJ1992PLC018392 and the company number is 018392 as per Ministry of Corporate Affairs (MCA).
Is Madhav Infra Projects Limited registered with any stock exchange in India?
Yes, Madhav Infra Projects Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Madhav Infra Projects Limited?
The Official website of Madhav Infra Projects Limited is https://www.madhavcorp.com
What has been the recent revenue trend for Madhav Infra Projects Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Madhav Infra Projects Limited has risen by 42.57%.
How many employees does Madhav Infra Projects Limited currently have?
As Per 2022 financial reports, 113 employees are currently employed by Madhav Infra Projects Limited.
What change has been observed in the net worth of Madhav Infra Projects Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Madhav Infra Projects Limited has experienced an upsurge of 5.75%.
What are the total open charges for Madhav Infra Projects Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Madhav Infra Projects Limited amount to ₹ 961.57 Cr.
When was the last Balance Sheet of Madhav Infra Projects Limited filed with the ROC?
The most recent Balance Sheet for Madhav Infra Projects Limited was filed with the ROC on 31 Mar 2024.
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