Megha Infrastructure Projects Private Limited
About Megha Infrastructure Projects Private Limited
Data last updated:
Megha Infrastructure Projects Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 16 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2002PTC040357. Its GSTIN is 24AACCM7525P1Z3 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Jagmal Bhikhabhai Mardiya and Kaushik Nanubhai Ramoliya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A/63 – 66 Mahendra Parknr. Puna Jakat Naka Puna – Kumbhariya Road, Surat, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.6 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹25.82 Lakh (net margin 2.2%) and EBITDA of ₹38.73 Lakh (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 24% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.22 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA/63 – 66 Mahendra Parknr. Puna Jakat Naka Puna – Kumbhariya Road, Surat, Gujarat, India
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Business Activity of Megha Infrastructure Projects Private Limited
The main business activity of Megha Infrastructure Projects is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Megha Infrastructure Projects Private Limited FY 2025 filings available
Megha Infrastructure Projects Private Limited reported revenue of ₹11.6 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Megha Infrastructure Projects Private Limited
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 24%. EBITDA rose 32% 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 of Megha Infrastructure Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹38.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.82 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Megha Infrastructure Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Megha Infrastructure Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jhunjhunu Khandela Tollways Private Limited | ₹11.74 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Jhunjhunu, Rajasthan, India |
| R K Civilcon Private Limited | ₹11.69 Cr (FY 2024) | •••• | •••• | 972.0% | •••• | Barmer, Rajasthan, India |
| G.S. Mago & Sons Construction Private Limited | ₹11.68 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Agra, Uttar Pradesh, India |
| Kalyan Toll Highways Private Limited | ₹11.65 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Indore, Madhya Pradesh, India |
| Caster Projects Private Limited | ₹11.62 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Raigad, Maharashtra, India |
| Megha Infrastructure Projects Private Limited this company | ₹11.6 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| Jalna Ghansawangi Highways Private Limited | ₹11.59 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Indore, Madhya Pradesh, India |
| Shivalaya Nagpur Highways Private Limited | ₹11.56 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | New Delhi, Delhi, India |
| DBL Hata-Dargawon Tollways Private Limited | ₹11.52 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Agroh Rewa Ring Road Private Limited | ₹11.49 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mhow, Madhya Pradesh, India |
| Rupashree Construction Private Limited | ₹11.48 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Yadgir, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Megha Infrastructure Projects by revenue in the Infrastructure industry (Roads and Bridges), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects Private Limited is audited by RASESH SHAH AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RASESH SHAH AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects 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 |
|---|---|---|---|---|
| Jagmal Bhikhabhai Mardiya | Director | 09 Mar 2009 | 17 Years 6 Months | Current |
| Kaushik Nanubhai Ramoliya Also directs: Dhuleshwar Industries Private Limited | Director | 12 May 2012 | 14 Years 4 Months | Current |
| Pushpa Nanubhai Ramoliya Also directs: Dhuleshwar Industries Private Limited | Director | 16 Jan 2002 | 24 Years 8 Months | Current |
| Nanubhai Vashrambhai Ramoliya Also directs: Dhuleshwar Industries Private Limited | Director | 16 Jan 2002 | 24 Years 8 Months | Current |
Ownership and Shareholding of Megha Infrastructure Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Megha Infrastructure Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2014 | Syndicate Bank | ₹3 Cr | Satisfied |
| 17 May 2012 | Lakshmi Vilas Bank Limited | ₹2.5 Cr | Satisfied |
| 29 Nov 2011 | Kotak Mahindra Bank Limited | ₹41.3 Lakh | Satisfied |
| 29 Sep 2011 | Kotak Mahindra Bank Limited | ₹12.35 Lakh | Satisfied |
| 30 Mar 2005 | Centurion Bank | ₹17.85 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects Private Limited has 8 court cases on record: 7 filed by Megha Infrastructure Projects, 1 filed against it. 2 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| Supreme Court | 2 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed by the company against State of Gujarat | Pending |
| Supreme Court | Court case | Filed by the company against Union of India | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Chief Commissioner of State Taxes | Disposed |
| District court, RAJKOT, Gujarat | Court case (RCA) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects Private Limited has a workforce of 2 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects Private Limited has 5 board changes on record since 2002: 4 appointments and 1 cessation. The latest: Jagmal Bhikhabhai Mardiya ceased to be Director on 16 Nov 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Megha Infrastructure Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Megha Infrastructure Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Megha Infrastructure Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCM7525P1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Megha Infrastructure Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Megha Infrastructure Projects Private Limited
Megha Infrastructure Projects is an active private limited company based in Surat, Gujarat, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 16 January 2002 (24+ years old) and is registered under CIN U45201GJ2002PTC040357.
Megha Infrastructure Projects reported revenue of ₹11.6 Cr for FY 2024 (up 20% YoY).
Megha Infrastructure Projects has 4 current directors:
- Jagmal Bhikhabhai Mardiya - Director
- Kaushik Nanubhai Ramoliya - Director
- Pushpa Nanubhai Ramoliya - Director
- Nanubhai Vashrambhai Ramoliya - Director
Megha Infrastructure Projects reported a net profit of ₹25.82 Lakh (net margin 2.2%) and EBITDA of ₹38.73 Lakh (EBITDA margin 3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Megha Infrastructure Projects is 20% over three years and -24% over five years. In the latest year (FY 2024) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Megha Infrastructure Projects is 24AACCM7525P1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Megha Infrastructure Projects is U45201GJ2002PTC040357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megha Infrastructure Projects has 8 court cases on record: 7 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Megha Infrastructure Projects was incorporated on 16 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Megha Infrastructure Projects by revenue are Jhunjhunu Khandela Tollways Private Limited, R K Civilcon Private Limited, G.S. Mago & Sons Construction Private Limited, Kalyan Toll Highways Private Limited, Caster Projects Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Jagmal Bhikhabhai Mardiya ceased to be Director on 16 Nov 2024. Kaushik Nanubhai Ramoliya was appointed as Director on 12 May 2012. Jagmal Bhikhabhai Mardiya was appointed as Director on 09 Mar 2009. Megha Infrastructure Projects has 5 board changes on record in total.