MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0042507
Mid India Civil Erectors Private Limited - infrastructure and utilities in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.35 Cr
▼ 9% YoY
Net profit · FY 2024
₹1.13 Cr
Net margin 2.5%
EBITDA · FY 2024
₹2.62 Cr
EBITDA margin 5.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹13.4 Lakh
Issued & subscribed
Open charges
₹18.57 Cr
Satisfied ₹7.21 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
35
Provident fund records
About Mid India Civil Erectors Private Limited
Data last updated:
Mid India Civil Erectors Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U04520MP2004PTC017112. Its GSTIN is 23AAECM0952G1ZT (Madhya Pradesh). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13.4 Lakh. It is led by directors including Ashish Gupta (Managing Director) and Vinay Ramchandra Pingle (Managing Director).
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.35 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Cr (net margin 2.5%) and EBITDA of ₹2.62 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 6% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Micepl. As per MCA filings, the company has open charges of ₹18.57 Cr and satisfied charges of ₹7.21 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.
Mid India Civil Erectors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0042507). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midindia.in.
Company details
CIN U04520MP2004PTC017112
Registration Number 017112
Incorporation Date 23 November 2004
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0042507
Key People
Ashish Gupta Managing Director Vinay Ramchandra Pingle Managing Director Rahul Parkhi Director Recognitions & Rankings of Mid India Civil Erectors
Contact details
Mid India Civil Erectors Private Limited's registered office is in Indore, Madhya Pradesh. Its website is midindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address08th Floor Flat No. 801 To 808 Plot No. R.C.M., 09 Shanti Dazzel Scheme No. 140 Opposite T.N.C.P. Office, Indore, Madhya Pradesh, India – 452016
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Mid India Civil Erectors Private Limited, buy the company report.
Comprehensive company report
Mid India Civil Erectors Private Limited - one report that includes everything
- 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
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Brands
Mid India Civil Erectors operates one associated brand: MICEPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services in civil, structural, and development works in India. | midindia.in |
Business activity
The main business activity of Mid India Civil Erectors 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 Mid India Civil Erectors Private Limited, buy the company report.
Financials of Mid India Civil Erectors Private Limited
FY 2025 filings availableMid India Civil Erectors Private Limited reported revenue of ₹44.35 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹44.35 Cr ▼ 9%
Net profit · FY 2024
₹1.13 Cr margin 2.5%
EBITDA · FY 2024
₹2.62 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 40%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 9%
5 years · compounded
▼ 3%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 19% 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 | ₹2.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Cr | ||||
| Balance Sheet | |||||
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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 | 5.9% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mid India Civil Erectors Private Limited, buy the company report.
Board of directors of Mid India Civil Erectors Private Limited
Mid India Civil Erectors has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Parkhi | Director | 19 Mar 2007 | 19 Years 7 Months | Current |
| Ashish Gupta Also directs: Punarvasu Homes & Housing Projects LLP, Aegis Lifestyle LLP | Managing Director | 23 Nov 2004 | 21 Years 11 Months | Current |
| Deepak Pingle Also directs: Dsa Devcon Private Limited | Director | 20 Jun 2024 | 2 Years 4 Months | Current |
| Vinay Ramchandra Pingle Also directs: Punarvasu Homes & Housing Projects LLP, Aegis Lifestyle LLP | Managing Director | 23 Nov 2004 | 21 Years 11 Months | Current |
Auditor
Mid India Civil Erectors Private Limited is audited by KAUSHAL & AGRAWAL for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHAL & AGRAWAL | FY 2021 | 008846C |
Shareholding
The shareholding of Mid India Civil Erectors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | 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 Mid India Civil Erectors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.57 Cr
Satisfied charges
₹7.21 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2024 | 100948101 | Others | ₹5.5 Lakh | Open | |
| 16 Jan 2023 | 100685791 | Hdfc Bank Limited | ₹4 Lakh | Open | |
| 23 Mar 2021 | 100431964 | Hdfc Bank Limited | ₹4.14 Lakh | Open | |
| 25 Feb 2021 | 100424873 | Others | ₹3.71 Lakh | Open | |
| 25 Feb 2021 | 100424889 | Others | ₹3.85 Lakh | Open |
To see the full charge records of Mid India Civil Erectors Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Mid India Civil Erectors Private Limited has 4 court cases on record: 1 filed by Mid India Civil Erectors, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Spartan Engineering Industries Pvt. Ltd. | Disposed |
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed by the company against Bank of India | Pending |
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed against the company by Bank of India Through Sridhar Sehsadri | Disposed |
| District court, Prayagraj, Uttar Pradesh | Court case (COMPLAINT) | Filed against the company by Union of India | Disposed |
To see the full case history of Mid India Civil Erectors 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 Mid India Civil Erectors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mid India Civil Erectors Private Limited has a workforce of 35 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
29.63%
GST
Mid India Civil Erectors has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
5
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECM0952G1ZT | Madhya Pradesh | Active | 01 Jul 2017 |
| 08AAECM0952G1ZL | Rajasthan | Active | 01 Jul 2017 |
| 27AAECM0952G1ZL | Maharashtra | Active | 07 Sep 2017 |
| 09AAECM0952G1ZJ | Uttar Pradesh | Active | 13 Jan 2018 |
To see the full GST registrations and return filing status of Mid India Civil Erectors Private Limited, buy the company report.
Recent activity
Mid India Civil Erectors Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Deepak Pingle ceased to be Additional Director on 29 Sep 2024.
AGM
Mid India Civil Erectors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 04 Jan 2022 via Charge ID 100527895 with Hdfc Bank Limited was fully satisfied on 10 Jul 2025.
Charges
A charge registered on 11 Mar 2020 via Charge ID 100332600 with Hdfc Bank Limited was fully satisfied on 10 Jul 2025.
Charges
A charge registered on 03 Sep 2019 via Charge ID 100297515 with Hdfc Bank Limited was fully satisfied on 10 Jul 2025.
Filing
Mid India Civil Erectors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Hdfc Bank Limited of Rs. 1,700.00 Lakh registered on 16 Aug 2012 with Charge ID 10372308 was modified on 19 Feb 2025.
Ceased
Deepak Pingle ceased to be Additional Director.
Appointed
Deepak Pingle was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.50 Lakh with Charge ID 100948101 was registered on 27 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Lakh with Charge ID 100685791 was registered on 16 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.65 Lakh with Charge ID 100527895 was registered on 04 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.14 Lakh with Charge ID 100431964 was registered on 23 Mar 2021.
33 earlier events are in the company report.
Frequently asked questions
Mid India Civil Erectors is an active private limited company based in Indore, Madhya Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 November 2004 (22+ years old) and is registered under CIN U04520MP2004PTC017112.
Mid India Civil Erectors has 4 current directors:
- Ashish Gupta - Managing Director
- Vinay Ramchandra Pingle - Managing Director
- Rahul Parkhi - Director
- Deepak Pingle - Director
The latest financial statements of Mid India Civil Erectors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mid India Civil Erectors is 23AAECM0952G1ZT, registered in Madhya Pradesh. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAECM0952G1ZL (Rajasthan), 27AAECM0952G1ZL (Maharashtra), 09AAECM0952G1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Mid India Civil Erectors is U04520MP2004PTC017112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mid India Civil Erectors has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Mid India Civil Erectors was incorporated on 23 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Gwalior.
Deepak Pingle ceased to be Additional Director on 29 Sep 2024. Deepak Pingle was appointed as Director on 20 Jun 2024. Ashish Gupta ceased to be Director on 01 Jul 2014. Mid India Civil Erectors has 7 board changes on record in total.
Yes, Mid India Civil Erectors is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0042507).
Mid India Civil Erectors can be reached through the website midindia.in. Its registered office is in Indore, Madhya Pradesh, India.