About Mid-City Infrastructure Private Limited
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Mid-City Infrastructure Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1985PTC035229. Its GSTIN is 27AABCK5821D1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.68 Cr. It was formerly known as Kram Trading and Investments P Ltd. It is led by directors including Hiren Vasantkumar Dhruv and Ajay Prakash Parekh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Link Corner Mall Junction Of 24th & 33rd Road Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.64 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹10.64 Cr (net margin -123%) and EBITDA of ₹6.29 Cr (EBITDA margin 72.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company is associated with 1 brand: Mid City Infra. As per MCA filings, the company has open charges of ₹126.49 Cr on record. Court records list 24 cases involving the company, including 1 filed by the company and 23 filed against it; 10 cases are pending. The company has 5 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹3.46 Cr; the latest was in October 2019. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 2 smaller; the largest is Leverage Realtors Private Limited with revenue of ₹8.66 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midcityinfra.com.
Company details
Contact details
Mid-City Infrastructure Private Limited's registered office is in Mumbai, Maharashtra. Its website is midcityinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLink Corner Mall Junction Of 24th & 33rd Road Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mid-City Infrastructure 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
Mid-City Infrastructure operates one associated brand: Mid City Infra. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure development and project amalgamation services are offered by Mid City Infra. | midcityinfra.com |
Business activity
The main business activity of Mid-City Infrastructure 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 |
Financials of Mid-City Infrastructure Private Limited
FY 2018 filings availableMid-City Infrastructure Private Limited reported revenue of ₹8.64 Cr (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 20% fall in the latest year. EBITDA fell 29% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.64 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.29 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.64 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 | ||||
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| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 72.7% | |||
| Net Profit Margin | -123% | |||
| 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 Mid-City Infrastructure Private Limited, buy the company report.
Board of directors of Mid-City Infrastructure Private Limited
Mid-City Infrastructure has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Vasantkumar Dhruv Also directs: Mid-City Projects LLP, Mid-City Landmarks LLP, Mid-City Bhoomi Developers Private Limited and 1 more | Additional Director | 15 Jul 2019 | 7 Years 3 Months | Current |
| Ajay Prakash Parekh | Additional Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Rajen Vasant Dhruv Also directs: Mid-City Projects LLP, Mid-City Landmarks LLP, Primo Realtors Private Limited and 4 more | Additional Director | 15 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Mid-City Infrastructure 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 |
|---|---|---|---|---|---|---|
| Leverage Realtors Private Limited | ₹8.66 Cr (FY 2025) | -38.0% | Nagpur, Maharashtra, India | |||
| Gerarie Enterprises and Developers Private Limited | ₹8.65 Cr (FY 2018) | -21.0% | Mumbai, Maharashtra, India | |||
| Sri Kartikeya Infra & Mining Private Limited | ₹8.65 Cr (FY 2024) | -9.0% | Hyderabad, Telangana, India | |||
| Mid-City Infrastructure Private Limitedthis company | ₹8.64 Cr (FY 2018) | -₹10.64 Cr | -123% | -20.0% | Mumbai, Maharashtra, India | |
| Ubber Buildcon Private Limited | ₹8.63 Cr (FY 2025) | -34.0% | Chandigarh, India | |||
| Nihit Enterprises Private Limited | ₹8.63 Cr (FY 2025) | 22.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Mid-City Infrastructure Private Limited, buy the company report.
Auditor
Mid-City Infrastructure Private Limited is audited by Ramesh Vora & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh Vora & Co. | FY 2018 | 108579W |
Shareholding
The shareholding of Mid-City Infrastructure Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mid-City Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2014 | 10578499 | Idbi Trusteeship Services Limited | ₹50 Cr | Open | |
| 30 Mar 2011 | 10286885 | The Mogaveera Co-Operative Bank Ltd. | ₹3 Cr | Open | |
| 07 Oct 2008 | 10125770 | The Lakshmivilas Bank Limited | ₹6 Cr | Open | |
| 06 Sep 2008 | 10126390 | State Bank of India | ₹28 Cr | Open | |
| 05 May 2008 | 10148298 | The Lakshmivilas Bank Limited | ₹10 Cr | Open |
To see the full charge records of Mid-City Infrastructure Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Mid-City Infrastructure Private Limited has 5 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹3.46 Cr; the latest was in October 2019.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Acquisition | ₹80.12 Cr | Buyer: 360 ONE (IIFL Asset Management) |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Orbit Venture & Company & Hiren Dhruv, Orbit Venture & Hiren Dhruv, 2 individuals Seller: 4 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Mid-City Bhoomi Developers Private Limited , 3 individuals Seller: Midcity Bhoomi Developers Private Limited & Aditya Builders, Aries Fiscal Services Private Limited , Orbit Ventures & Company, an individual |
| Mar 2007 | Funding round | ₹2.46 Cr | Investors: Midcity Bhoomi Developers Private Limited & Aditya Builders, Aries Fiscal Services Private Limited |
To see the full deal history of Mid-City Infrastructure Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mid-City Infrastructure Private Limited has 24 court cases on record: 1 filed by Mid-City Infrastructure, 23 filed against it. 10 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 14 | 8 |
| District courts | 9 | 9 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Fedbank Financial Services Ltd | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Idbi Trusteeship Services Ltd. and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by Idbi Trusteeship Services Ltd. and Anr. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Fedbank Financialservices Ltd. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Assets Care and Reconstruction Enterprise Limited (Acre) Dhaval Vussonji and Associates | Disposed |
To see the full case history of Mid-City Infrastructure 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-City Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mid-City Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK5821D1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mid-City Infrastructure Private Limited, buy the company report.
Recent activity
Mid-City Infrastructure Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Kishore Shantilal Parekh ceased to be Additional Director on 15 Nov 2019.
11 earlier events are in the company report.
Frequently asked questions
Mid-City Infrastructure 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 01 February 1985 (41+ years old) and is registered under CIN U51900MH1985PTC035229.
Mid-City Infrastructure has 3 current directors:
- Hiren Vasantkumar Dhruv - Additional Director
- Ajay Prakash Parekh - Additional Director
- Rajen Vasant Dhruv - Additional Director
The latest financial statements of Mid-City Infrastructure on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Mid-City Infrastructure is 27AABCK5821D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mid-City Infrastructure is U51900MH1985PTC035229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mid-City Infrastructure has 24 court cases on record: 1 filed by the company and 23 filed against it. 10 are pending. Most are in the high courts.
Mid-City Infrastructure was incorporated on 01 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Mid-City Infrastructure has 5 deals on record (2 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹3.46 Cr; the latest was in October 2019.
The peers of Mid-City Infrastructure by revenue are Leverage Realtors Private Limited, Gerarie Enterprises and Developers Private Limited, Sri Kartikeya Infra & Mining Private Limited, Ubber Buildcon Private Limited, Nihit Enterprises Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kishore Shantilal Parekh ceased to be Additional Director on 15 Nov 2019. Ruby Rajen Dhruv ceased to be Additional Director on 15 Nov 2019. Ajay Prakash Parekh was appointed as Additional Director on 01 Nov 2019. Mid-City Infrastructure has 10 board changes on record in total.
Mid-City Infrastructure can be reached through the website midcityinfra.com. Its registered office is in Mumbai, Maharashtra, India.