About Meridian Buildpro Private Limited
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Meridian Buildpro Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mextech Realty Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2010PTC207796. Its GSTIN is 27AAGCM7815G1ZB (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10.02 Lakh. It is led by directors including Yash Ritesh Mutha and Nagraj Tolaji Mutha.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2403 A – Wing Marathon Futurex Mafatlal Mills Compound N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.04 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹6.58 Cr (net margin 14.6%) and EBITDA of ₹9.41 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nandivardhan Group. As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹158.7 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2015. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 3 smaller; the largest is Shivshahi Punarvasan Prakalp Limited with revenue of ₹45.17 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 28 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 nandivardhan.com.
Company details
Contact details
Meridian Buildpro Private Limited's registered office is in Mumbai, Maharashtra. Its website is nandivardhan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2403 A – Wing Marathon Futurex Mafatlal Mills Compound N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Meridian Buildpro 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
Brands
Meridian Buildpro operates one associated brand: Nandivardhan Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Creates innovative technologies for luxury residential properties. | nandivardhan.com |
Business activity
The main business activity of Meridian Buildpro is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Meridian Buildpro Private Limited, buy the company report.
Financials of Meridian Buildpro Private Limited
FY 2025 filings availableMeridian Buildpro Private Limited reported revenue of ₹45.04 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 6% 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 | ₹9.41 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.58 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 | 20.9% | ||||
| Net Profit Margin | 14.6% | ||||
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To see the full financial statements and ratios of Meridian Buildpro Private Limited, buy the company report.
Board of directors of Meridian Buildpro Private Limited
Meridian Buildpro has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Ritesh Mutha Also directs: Mextech Realty Private Limited, Nandi Vardhan Infrastructure Limited, Oasis Infra-Ventures Private Limited and 5 more | Director | 25 Aug 2020 | 6 Years 2 Months | Current |
| Nagraj Tolaji Mutha Also directs: Mextech Realty Private Limited, Nandi Vardhan Infrastructure Limited, Oasis Infra-Ventures Private Limited and 2 more | Director | 01 Dec 2010 | 15 Years 10 Months | Current |
| Anil Nagraj Mutha Also directs: Mextech Realty Private Limited, Nandi Vardhan Infrastructure Limited, Oasis Infra-Ventures Private Limited and 5 more | Director | 12 Apr 2014 | 12 Years 6 Months | Current |
Peer comparison
Meridian Buildpro Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivshahi Punarvasan Prakalp Limited | ₹45.17 Cr (FY 2017) | 34.0% | Mumbai, Maharashtra, India | |||
| Vishraam Builders and Developers Private Limited | ₹45.09 Cr (FY 2025) | 52.0% | Thrissur, Kerala, India | |||
| Meridian Buildpro Private Limitedthis company | ₹45.04 Cr (FY 2024) | ₹6.58 Cr | 14.6% | -25.0% | 4 | Mumbai, Maharashtra, India |
| Oasis Realtech Private Limited | ₹45.02 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Sahusons Interiors and Builders Private Limited | ₹44.99 Cr (FY 2022) | 5.0% | Chennai, Tamil Nadu, India | |||
| DMD Developers Private Limited | ₹44.99 Cr (FY 2025) | -63.0% | Surat, Gujarat, India |
To see the full peer comparison of Meridian Buildpro Private Limited, buy the company report.
Auditor
Meridian Buildpro Private Limited is audited by Raj Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raj Jain & Associates | FY 2023 | 108305W |
Shareholding
The shareholding of Meridian Buildpro Private Limited 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meridian Buildpro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2022 | 100633895 | Others | ₹90 Lakh | Open | |
| 29 Jun 2022 | 100590720 | Others | ₹18.7 Cr | Satisfied | |
| 09 Sep 2021 | 100486957 | Others | ₹45 Cr | Satisfied | |
| 26 Dec 2019 | 100315196 | Others | ₹25 Cr | Satisfied | |
| 18 Mar 2016 | 100023199 | Others | ₹70 Cr | Satisfied |
To see the full charge records of Meridian Buildpro Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Meridian Buildpro Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Mextech Realty Private Limited Seller: Naresh Hirji Gada HUF, 3 individuals |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: Mextech Realty Private Limited , 2 individuals Seller: 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Mextech Realty Private Limited , Anil N Mutha HUF, 2 individuals Seller: 4 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Dec 2010 | Funding round | ₹9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meridian Buildpro Private Limited has 4 court cases on record: 1 filed by Meridian Buildpro, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Central Board of Trustees Employees Provident Fund Through Its Authorized Signatory Asst.Prov.Coomm Ravi Subash Rattesar | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India Through the Secretary Ministry of Law and Justice and Anr | Disposed |
| Bombay High Court | Court case (PIL) | Filed against the company | Disposed |
| District court, Patiala, Punjab | Cheque dishonour complaint | Filed against the company by Kotak Mahindra Bak Ltd | Disposed |
To see the full case history of Meridian Buildpro 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
Meridian Buildpro Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pooja Enterprises | |||
| C. Bhogilal West End Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Jyoti Kitchen Industries Private Limited |
To see the full MSME payment records of Meridian Buildpro Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Meridian Buildpro Private Limited has a workforce of 4 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Meridian Buildpro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM7815G1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meridian Buildpro Private Limited, buy the company report.
Recent activity
Meridian Buildpro Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Yash Ritesh Mutha was appointed as Director on 25 Aug 2020.
14 earlier events are in the company report.
Frequently asked questions
Meridian Buildpro is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 September 2010 (16+ years old) and is registered under CIN U45400MH2010PTC207796.
Meridian Buildpro has 3 current directors:
- Yash Ritesh Mutha - Director
- Nagraj Tolaji Mutha - Director
- Anil Nagraj Mutha - Director
The latest financial statements of Meridian Buildpro on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meridian Buildpro is 27AAGCM7815G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Meridian Buildpro is U45400MH2010PTC207796. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Buildpro has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Meridian Buildpro was incorporated on 17 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Meridian Buildpro has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2015.
The peers of Meridian Buildpro by revenue are Shivshahi Punarvasan Prakalp Limited, Vishraam Builders and Developers Private Limited, Oasis Realtech Private Limited, Sahusons Interiors and Builders Private Limited, DMD Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Yash Ritesh Mutha was appointed as Director on 25 Aug 2020. Babuulal Bhavarlal Jain ceased to be Additional Director on 29 Sep 2015. Dungarchand Bhawarlal Jain ceased to be Director on 05 Feb 2015. Meridian Buildpro has 12 board changes on record in total.
Meridian Buildpro has 9 MSME Form 1 returns on record between 2019 and 2023, listing 109 overdue payments to 28 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Meridian Buildpro can be reached through the website nandivardhan.com. Its registered office is in Mumbai, Maharashtra, India.
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