About Mehul Construction Company Pvt Ltd
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Mehul Construction Company Pvt Ltd is a private limited company based in Solapur, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202MH1985PTC037560. Its GSTIN is 27AABCM2512P1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors including Bipinbhai Mahijibhai Patel (Managing Director) and Dhaval Kiritbhai Patel (Whole-Time Director).
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 Padmavati Complex91 Civil Lines Saat Rasta, Solapur, Maharashtra, India – 413003.
As per the financials filed for FY 2024, the company reported a revenue of ₹190.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.79 Cr (net margin 4.1%) and EBITDA of ₹18.41 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mehul Construction. As per MCA filings, the company has open charges of ₹119.97 Cr and satisfied charges of ₹89.49 Cr on record. Court records list 18 cases involving the company, including 3 filed by the company and 15 filed against it; 6 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.09 Cr; the latest was in March 2024. Its 4 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 1 larger and 3 smaller; the largest is Parth Infrastructure Private Limited with revenue of ₹191.73 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 166 overdue payments to 19 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mccpl.net.
Company details
Contact details
Mehul Construction Company Pvt Ltd's registered office is in Solapur, Maharashtra. Its website is mccpl.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPadmavati Complex91 Civil Lines Saat Rasta, Solapur, Maharashtra, India – 413003
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Mehul Construction Company Pvt Ltd, 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
Brands
Mehul Construction Company operates one associated brand: Mehul Construction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides real estate and infrastructure development services comprehensively. | mccpl.net |
Business activity
The main business activity of Mehul Construction Company is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Mehul Construction Company Pvt Ltd, buy the company report.
Financials of Mehul Construction Company Pvt Ltd
FY 2024 filings availableMehul Construction Company Pvt Ltd reported revenue of ₹190.18 Cr (up 283% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 283% growth in the latest year. EBITDA rose 113% 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 | ₹18.41 Cr | ||||
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| Net Profit (PAT) | ₹7.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mehul Construction Company Pvt Ltd, buy the company report.
Board of directors of Mehul Construction Company Pvt Ltd
Mehul Construction Company has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Kiritbhai Patel Also directs: Solapur Sugar Limited | Whole-Time Director | 01 Nov 2002 | 24 Years 0 Months | Current |
| Bipinbhai Mahijibhai Patel Also directs: Solapur Sugar Limited | Managing Director | 23 Sep 1985 | 41 Years 1 Months | Current |
| Shobhaben Kiritbhai Patel | Director | 04 Apr 1994 | 32 Years 7 Months | Current |
| Mehul Bipinbhai Patel Also directs: Solapur Sugar Limited | Whole-Time Director | 22 Jul 1996 | 30 Years 3 Months | Current |
| Amit Satishbhai Patel Also directs: Solapur Sugar Limited | Director | 01 Nov 2002 | 24 Years 0 Months | Current |
| Hareshbhai Mahijibhai Patel Also directs: Solapur Sugar Limited | Director | 01 Feb 1992 | 34 Years 9 Months | Current |
Peer comparison
Mehul Construction Company Pvt Ltd is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parth Infrastructure Private Limited | ₹191.73 Cr (FY 2025) | 23.0% | Porbandar, Gujarat, India | |||
| Mehul Construction Company Pvt Ltdthis company | ₹190.18 Cr (FY 2024) | ₹7.79 Cr | 4.1% | 283.0% | 52 | Solapur, Maharashtra, India |
| Ashwini Infradevelopments Private Limited | ₹189.53 Cr (FY 2025) | -20.0% | Mumbai, Maharashtra, India | |||
| Nayak Infrastructure Private Limited | ₹189.1 Cr (FY 2018) | -37.0% | Lumding, Assam, India | |||
| Dhaneshwar Construction Private Limited | ₹187.66 Cr (FY 2025) | 14.0% | Bhosari, Maharashtra, India |
To see the full peer comparison of Mehul Construction Company Pvt Ltd, buy the company report.
Auditor
Mehul Construction Company Pvt Ltd is audited by Reetesh Champak & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Reetesh Champak & Associates | FY 2023 | 128147W |
Shareholding
The shareholding of Mehul Construction Company Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mehul Construction Company Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2024 | 101021280 | Hdfc Bank Limited | ₹1.67 Cr | Open | |
| 06 Nov 2024 | 101009699 | Hdfc Bank Limited | ₹1.87 Cr | Open | |
| 01 Jun 2024 | 100939461 | Hdfc Bank Limited | ₹91.42 Lakh | Open | |
| 31 Jan 2024 | 100870630 | Axis Bank Limited | ₹81.9 Lakh | Open | |
| 27 Jun 2023 | 100751627 | Hdfc Bank Limited | ₹1.12 Cr | Open |
To see the full charge records of Mehul Construction Company Pvt Ltd, buy the company report.
Total charge records: 67 View all charges
Deals & funding
Mehul Construction Company Pvt Ltd has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.09 Cr; the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Solapur Sugar Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Apr 2015 | Funding round | ₹5.01 Cr | Investors: Solapur Sugar Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Mehul Construction Company Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mehul Construction Company Pvt Ltd has 18 court cases on record: 3 filed by Mehul Construction Company, 15 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 15 | 6 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, BIDAR, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against The State of Maharashtra Etc 5 and 5 others | Pending |
To see the full case history of Mehul Construction Company Pvt Ltd, 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.
Credit ratings & regulatory alerts
Mehul Construction Company Pvt Ltd was last rated by Brickwork on 12 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 12 May 2022 |
To see the full credit ratings and regulatory alerts of Mehul Construction Company Pvt Ltd, buy the company report.
MSME payment delays
Mehul Construction Company Pvt Ltd has 9 MSME Form 1 returns on record between 2019 and 2023, listing 166 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Gubbi the Construction | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mehul Construction Company Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mehul Construction Company Pvt Ltd has a workforce of 52 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Mehul Construction Company has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2512P1ZD | Maharashtra | Active | 01 Jul 2017 |
| 29AABCM2512P1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mehul Construction Company Pvt Ltd, buy the company report.
Recent activity
Mehul Construction Company Pvt Ltd has 13 board changes on record since 1985: 7 appointments and 6 cessations. The latest: Dhaval Kiritbhai Patel ceased to be Director on 31 Jan 2025.
131 earlier events are in the company report.
Frequently asked questions
Mehul Construction Company is an active private limited company based in Solapur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 September 1985 (41+ years old) and is registered under CIN U45202MH1985PTC037560.
Mehul Construction Company has 7 current directors:
- Bipinbhai Mahijibhai Patel - Managing Director
- Dhaval Kiritbhai Patel - Whole-Time Director
- Mehul Bipinbhai Patel - Whole-Time Director
- Shobhaben Kiritbhai Patel - Director
- Amit Satishbhai Patel - Director
- Hareshbhai Mahijibhai Patel - Director
- Bhartiben Bipinbhai Patel - Director
The latest financial statements of Mehul Construction Company 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 Mehul Construction Company is 27AABCM2512P1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCM2512P1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Mehul Construction Company is U45202MH1985PTC037560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehul Construction Company has 18 court cases on record: 3 filed by the company and 15 filed against it. 6 are pending.
Mehul Construction Company was incorporated on 23 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
Mehul Construction Company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹6.09 Cr; the latest was in March 2024.
The peers of Mehul Construction Company by revenue are Parth Infrastructure Private Limited, Ashwini Infradevelopments Private Limited, Nayak Infrastructure Private Limited, Dhaneshwar Construction Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Dhaval Kiritbhai Patel ceased to be Director on 31 Jan 2025. Mehul Bipinbhai Patel ceased to be Director on 31 Jan 2025. Kiritbhai Mahijibhai Patel ceased to be Director on 17 Dec 2018. Mehul Construction Company has 13 board changes on record in total.
Mehul Construction Company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 166 overdue payments to 19 micro and small suppliers. The latest return was filed on 19 Dec 2023.
Mehul Construction Company can be reached through the website mccpl.net. Its registered office is in Solapur, Maharashtra, India.
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