About Mep Highway Solutions Private Limited
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Mep Highway Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mep Infrastructure Developers Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 12 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2012PTC237871. Its GSTIN is 27AAICM2832P1ZZ (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.19 Cr. It is led by directors Rajesh Manohar Powale and Subramany Padmanabhan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B1 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri (E), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.12 Cr (net margin -41.5%) and EBITDA of -₹7.28 Cr (EBITDA margin -37.2%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹176.24 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mepinfra.com.
Company details
Contact details
Mep Highway Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is mepinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB1 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryInfrastructure and Utilities, General Construction Services, Road & Bridge Construction
To see the full contact details of Mep Highway Solutions 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
Business activity
The main business activity of Mep Highway Solutions 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 Mep Highway Solutions Private Limited, buy the company report.
Financials of Mep Highway Solutions Private Limited
FY 2023 filings availableMep Highway Solutions Private Limited reported revenue of ₹19.57 Cr (up 3141% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 92% over three years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹7.28 Cr | ||||
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| Net Profit (PAT) | -₹8.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -37.2% | ||||
| Net Profit Margin | -41.5% | ||||
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To see the full financial statements and ratios of Mep Highway Solutions Private Limited, buy the company report.
Board of directors of Mep Highway Solutions Private Limited
Mep Highway Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Manohar Powale Also directs: Raima Toll Road Private Limited, Nexa Global Private Limited, Mep Nagzari Toll Road Private Limited and 5 more | Director | 11 Feb 2021 | 5 Years 9 Months | Current |
| Subramany Padmanabhan Also directs: Mep Roads & Bridges Private Limited, Mep Tormato Private Limited, Balaji Toll Road Private Limited and 2 more | Director | 06 Dec 2018 | 7 Years 11 Months | Current |
Peer comparison
Mep Highway Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services, Roads and Bridges), 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 |
|---|---|---|---|---|---|---|
| Mep Highway Solutions Private Limitedthis company | ₹19.57 Cr (FY 2023) | -₹8.12 Cr | -41.5% | 3141.0% | 14 | Mumbai, Maharashtra, India |
| Krishnal Infrastructure Private Limited | ₹19.57 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Sri Om Constructions Private Limited | ₹19.56 Cr (FY 2024) | 15.0% | Darbhanga, Bihar, India | |||
| Bharat Infracon Private Limited | ₹19.56 Cr (FY 2025) | -26.0% | Patna, Bihar, India |
To see the full peer comparison of Mep Highway Solutions Private Limited, buy the company report.
Auditor
Mep Highway Solutions Private Limited is audited by G D APTE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D APTE & CO | FY 2021 | 100515W |
Shareholding
The shareholding of Mep Highway Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mep Highway Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2014 | 10536532 | Srei Equipment Finance Limited | ₹85.65 Lakh | Open | |
| 08 Nov 2014 | 10536544 | Srei Equipment Finance Limited | ₹38.47 Lakh | Open | |
| 08 Sep 2014 | 10519093 | Idbi Trusteeship Services Limited | ₹175 Cr | Open |
Total charge records: 3 View all charges
Legal cases
Mep Highway Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Mep Infrstructure Developers Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Municipal Corporation of Delhi | Pending |
| High Court | Company petition | Filed against the company by Municipal Corporation of Delhi | Pending |
To see the full case history of Mep Highway Solutions 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 Mep Highway Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mep Highway Solutions Private Limited has a workforce of 14 employees on its EPFO records as of Aug 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 14 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Mep Highway Solutions Private Limited, buy the company report.
GST
Mep Highway Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM2832P1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mep Highway Solutions Private Limited, buy the company report.
Recent activity
Mep Highway Solutions Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Rajesh Manohar Powale ceased to be Additional Director on 29 Sep 2021.
5 earlier events are in the company report.
News
Frequently asked questions
Mep Highway Solutions 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 12 November 2012 (14+ years old) and is registered under CIN U45209MH2012PTC237871.
Mep Highway Solutions has 2 current directors:
- Rajesh Manohar Powale - Director
- Subramany Padmanabhan - Director
The latest financial statements of Mep Highway Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mep Highway Solutions is 27AAICM2832P1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mep Highway Solutions is U45209MH2012PTC237871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mep Highway Solutions has 3 court cases on record: 3 filed against it. 3 are pending.
Mep Highway Solutions was incorporated on 12 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mep Highway Solutions by revenue are Krishnal Infrastructure Private Limited, Sri Om Constructions Private Limited, Bharat Infracon Private Limited, all in the Infrastructure industry (Construction Services, Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Rajesh Manohar Powale ceased to be Additional Director on 29 Sep 2021. Rajesh Manohar Powale was appointed as Director on 11 Feb 2021. Khimji Shamji Pandav ceased to be Director on 11 Nov 2019. Mep Highway Solutions has 11 board changes on record in total.
Mep Highway Solutions can be reached through the website mepinfra.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mep Highway Solutions is at B1 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri E, Mumbai, Maharashtra, India – 400072.
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