
Melstar Developers Private Limited
About Melstar Developers Private Limited
Data last updated:
Melstar Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1991PTC063631. Its GSTIN is 27AAACM3337P1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.93 Lakh. It is led by directors including Sunil Tolaram Kukreja and Mohan Tolaram Kukreja.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No 219 Laalasis 11th Road Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.21 Cr. For the same year it recorded a net profit of ₹1.55 Cr (net margin 70%) and EBITDA of ₹2.08 Cr (EBITDA margin 93.9%).
As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 63 cases involving the company, including 54 filed by the company and 9 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Melstar Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No 219 Laalasis 11th Road Chembur, Mumbai, Maharashtra, India – 400071
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Melstar Developers 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 Melstar Developers Private Limited
FY 2020 filings availableMelstar Developers Private Limited reported revenue of ₹2.21 Cr for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Cr | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 93.9% | ||||
| Net Profit Margin | 70% | ||||
| 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 | |||||
To see the full financial statements and ratios of Melstar Developers Private Limited, buy the company report.
Board of directors of Melstar Developers Private Limited
Melstar Developers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Tolaram Kukreja Also directs: Victory Flask Company Private Limited, Ravi Estate Private Limited, Timestar Developers Private Limited and 5 more | Director | 09 May 2002 | 24 Years 5 Months | Current |
| Mohan Tolaram Kukreja Also directs: Victory Flask Company Private Limited, Ravi Estate Private Limited, Timestar Developers Private Limited and 5 more | Director | 09 May 2002 | 24 Years 5 Months | Current |
| Vrushali Navale Also directs: Ravi Estate Private Limited | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
| Prakash Anant Joshi | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Melstar Developers 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 |
|---|---|---|---|---|---|---|
| Tradewill Prefab Private Limited | ₹2.22 Cr (FY 2025) | 19.0% | Gurgaon, Haryana, India | |||
| JKS Infratech Engineers Private Limited | ₹2.22 Cr (FY 2025) | 272.0% | Faridabad, Haryana, India | |||
| Geotech Instrumentations Private Limited | ₹2.22 Cr (FY 2025) | -42.0% | Surat, Gujarat, India | |||
| Elecmech Engineers Private Limited | ₹2.22 Cr (FY 2025) | -60.0% | Shimla, Himachal Pradesh, India | |||
| Hyderabad Readymix and Applications Private Limited | ₹2.22 Cr (FY 2022) | 165.0% | Hyderabad, Telangana, India | |||
| Melstar Developers Private Limitedthis company | ₹2.21 Cr (FY 2020) | ₹1.55 Cr | 70% | Mumbai, Maharashtra, India | ||
| TKP Engineering Solutions Private Limited | ₹2.21 Cr (FY 2024) | 19.0% | Chennai, Tamil Nadu, India | |||
| Aurobindo Infrastructures Private Limited | ₹2.21 Cr (FY 2025) | 220.0% | Chennai, Tamil Nadu, India | |||
| Madhubala Infrastructure Development Private Limited | ₹2.21 Cr (FY 2025) | 67.0% | Delhi, India | |||
| Ramdev Buildcon Private Limited | ₹2.21 Cr (FY 2024) | 121.0% | Bhilwara, Rajasthan, India | |||
| Sandhi Engineers Private Limited | ₹2.21 Cr (FY 2025) | 59.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Melstar Developers Private Limited, buy the company report.
Auditor
Melstar Developers Private Limited is audited by MITESH MEHTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITESH MEHTA & ASSOCIATES | FY 2020 | 106447W |
Shareholding
The shareholding of Melstar Developers Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Melstar Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 1996 | 90163384 | The Vysya Bank Ltd. | ₹2 Cr | Open | |
| 16 Apr 1993 | 90164993 | The Vysya Bank Ltd. | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Melstar Developers Private Limited has 63 court cases on record: 54 filed by Melstar Developers, 9 filed against it. 2 cases are pending and 61 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 6 | 1 |
| District courts | 15 | 3 | 1 |
| Supreme Court | 5 | 0 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TD) | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against an individual | Disposed |
To see the full case history of Melstar Developers 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 Melstar Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Melstar Developers has 2 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
Melstar Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3337P1Z5 | Maharashtra | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Melstar Developers Private Limited, buy the company report.
Recent activity
Melstar Developers Private Limited has 4 board changes on record since 2002: 4 appointments. The latest: Prakash Anant Joshi was appointed as Additional Director on 20 Dec 2025.
Frequently asked questions
Melstar Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 October 1991 (35+ years old) and is registered under CIN U51900MH1991PTC063631.
Melstar Developers has 4 current directors:
- Sunil Tolaram Kukreja - Director
- Mohan Tolaram Kukreja - Director
- Vrushali Navale - Additional Director
- Prakash Anant Joshi - Additional Director
The latest financial statements of Melstar Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Melstar Developers is 27AAACM3337P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Melstar Developers is U51900MH1991PTC063631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Melstar Developers has 63 court cases on record: 54 filed by the company and 9 filed against it. 2 are pending. Most are in the high courts.
Melstar Developers was incorporated on 16 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Melstar Developers by revenue are Tradewill Prefab Private Limited, JKS Infratech Engineers Private Limited, Geotech Instrumentations Private Limited, Elecmech Engineers Private Limited, Hyderabad Readymix and Applications Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Prakash Anant Joshi was appointed as Additional Director on 20 Dec 2025. Vrushali Navale was appointed as Additional Director on 20 Dec 2025. Mohan Tolaram Kukreja was appointed as Director on 09 May 2002. Melstar Developers has 4 board changes on record in total.
The registered office of Melstar Developers is at Plot No 219 Laalasis 11th Road Chembur, Mumbai, Maharashtra, India – 400071.
Melstar Developers operates in the infrastructure and utilities industry, in the general construction services segment.

