Madhavi Procon Private Limited
About Madhavi Procon Private Limited
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Madhavi Procon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC060182. Its GSTIN is 24AAGCM4524Q1Z4 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Mukesh Nanubhai Sanghani and Babubhai Nanubhai Sanghani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 804 Sapath – II Opp. Rajpath Club S.G.Road Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.74 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹6.89 Lakh (net margin -396.4%) and EBITDA of ₹1.34 Lakh (EBITDA margin 77.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 32% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹22.7 Cr on record. Court records list 24 cases involving the company, including 9 filed by the company and 15 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madhavi Procon Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address804 Sapath – II Opp. Rajpath Club S.G.Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Madhavi Procon Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Madhavi Procon Private Limited
FY 2024 filings availableMadhavi Procon Private Limited reported revenue of ₹1.74 Lakh (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA rose 146% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.34 Lakh | ||||
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| Net Profit (PAT) | -₹6.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 77.3% | ||||
| Net Profit Margin | -396.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Madhavi Procon Private Limited, buy the company report.
Board of directors of Madhavi Procon Private Limited
Madhavi Procon has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Nanubhai Sanghani | Director | 06 Apr 2010 | 16 Years 6 Months | Current |
| Babubhai Nanubhai Sanghani Also directs: Agnee Financial Services Limited | Director | 06 Apr 2010 | 16 Years 6 Months | Current |
| Jaysukhlal Kanjibhai Sanghani | Director | 06 Apr 2010 | 16 Years 6 Months | Current |
| Jayantibhai Nanubhai Sanghani | Director | 06 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Madhavi Procon Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zags Infrastructure Private Limited | ₹1.75 Lakh (FY 2017) | 12.0% | Mumbai, Maharashtra, India | |||
| Aries Link Consultants Private Limited | ₹1.74 Lakh (FY 2020) | -78.0% | Jaipur, Rajasthan, India | |||
| Natureview Landscape Private Limited | ₹1.74 Lakh (FY 2025) | -88.0% | New Delhi, Delhi, India | |||
| Westtech Project and Solutions Private Limited | ₹1.74 Lakh (FY 2025) | -50.0% | Kolkata, West Bengal, India | |||
| Kinikar Construction Private Limited | ₹1.74 Lakh (FY 2025) | Thane, Maharashtra, India | ||||
| Madhavi Procon Private Limitedthis company | ₹1.74 Lakh (FY 2024) | -₹6.89 Lakh | -396.4% | 31.0% | 1 | Ahmedabad, Gujarat, India |
| Zenith Supply and Construction Company Private Limited | ₹1.73 Lakh (FY 2019) | -96.0% | Imphal, Manipur, India | |||
| Telenet Infra Private Limited | ₹1.73 Lakh (FY 2016) | -91.0% | Delhi, India | |||
| Iig Agro Infrastructure Private Limited | ₹1.73 Lakh (FY 2025) | -74.0% | Bhubaneswar, Odisha, India | |||
| Manacle Engineering & Infrastructure Limited | ₹1.73 Lakh (FY 2022) | -98.0% | Bangalore, Karnataka, India | |||
| Mavals Infrastructure India Private Limited | ₹1.73 Lakh (FY 2025) | -90.0% | Pune, Maharashtra, India |
To see the full peer comparison of Madhavi Procon Private Limited, buy the company report.
Auditor
Madhavi Procon Private Limited is audited by BHUPENDRA DUBEY & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUPENDRA DUBEY & ASSOCIATES | FY 2018 | 123667W |
Shareholding
The shareholding of Madhavi Procon Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Madhavi Procon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2011 | 10271860 | Hdfc Bank Limited | ₹37 Lakh | Satisfied | |
| 22 Feb 2011 | 10271861 | Hdfc Bank Limited | ₹40 Lakh | Satisfied | |
| 22 Feb 2011 | 10271862 | Hdfc Bank Limited | ₹33 Lakh | Satisfied | |
| 15 Dec 2010 | 10259912 | Srei Equipment Finance Private Limited | ₹1.6 Cr | Satisfied | |
| 14 Jun 2010 | 10227265 | Punjab National Bank | ₹10 Cr | Satisfied |
To see the full charge records of Madhavi Procon Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Madhavi Procon Private Limited has 24 court cases on record: 9 filed by Madhavi Procon, 15 filed against it. 1 case is pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 8 | 0 |
| High courts | 11 | 7 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Pipavav Energy Pvt Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Pipavav Energy Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Pipavav Energy Pvt Ltd | Disposed |
| District court, Amreli, Gujarat | Court case (EXE R) | Filed by the company against Pipavav Energy Pvt. Ltd | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against Pipavav Energy Private Limited (Pepl) | Disposed |
To see the full case history of Madhavi Procon Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhavi Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madhavi Procon Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Madhavi Procon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM4524Q1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhavi Procon Private Limited, buy the company report.
Recent activity
Madhavi Procon Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Chandulal Nanubhai Sanghani ceased to be Director on 27 Apr 2022.
8 earlier events are in the company report.
Frequently asked questions
Madhavi Procon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 April 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC060182.
Madhavi Procon has 4 current directors:
- Mukesh Nanubhai Sanghani - Director
- Babubhai Nanubhai Sanghani - Director
- Jaysukhlal Kanjibhai Sanghani - Director
- Jayantibhai Nanubhai Sanghani - Director
The latest financial statements of Madhavi Procon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhavi Procon is 24AAGCM4524Q1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Madhavi Procon is U45201GJ2010PTC060182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhavi Procon has 24 court cases on record: 9 filed by the company and 15 filed against it. 1 is pending. Most are in the district courts.
Madhavi Procon was incorporated on 06 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Madhavi Procon by revenue are Zags Infrastructure Private Limited, Aries Link Consultants Private Limited, Natureview Landscape Private Limited, Westtech Project and Solutions Private Limited, Kinikar Construction Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Chandulal Nanubhai Sanghani ceased to be Director on 27 Apr 2022. Babubhai Nanubhai Sanghani was appointed as Director on 06 Apr 2010. Jayantibhai Nanubhai Sanghani was appointed as Director on 06 Apr 2010. Madhavi Procon has 5 board changes on record in total.
The registered office of Madhavi Procon is at 804 Sapath – II Opp. Rajpath Club S.G.Road Bodakdev, Ahmedabad, Gujarat, India – 380054.
Madhavi Procon operates in the infrastructure and utilities industry, in the general construction services segment.