MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-13-0010108
MMC Projects (India) Private Limited
MMC Projects (India) Private Limited - infrastructure and utilities in Gandhidham, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹42.83 Cr
▲ 68% YoY
Net profit · FY 2024
₹1 Cr
Net margin 2.3%
EBITDA · FY 2024
₹7.81 Cr
EBITDA margin 18.2%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.5 Cr
Issued & subscribed
Open charges
₹175.72 Cr
Satisfied ₹84.99 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
16
Provident fund records
About MMC Projects (India) Private Limited
Data last updated:
MMC Projects (India) Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 24 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2006PTC048948. Its GSTIN is 24AAECM7792A1ZJ (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.5 Cr. It is led by directors including Amritlal Velji Sorathia and Aakash Jagdish Sorathia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.21 22 & 23 Tagore Road Sector – 9, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.83 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 2.3%) and EBITDA of ₹7.81 Cr (EBITDA margin 18.2%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 29% over five years.
The company has about 16 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹175.72 Cr and satisfied charges of ₹84.99 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 2 cases are pending.
MMC Projects (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0010108). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45200GJ2006PTC048948
Registration Number 048948
Incorporation Date 24 August 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-13-0010108
Key People
Amritlal Velji Sorathia Director Aakash Jagdish Sorathia Director Manish Ratilal Sorathia Director Recognitions & Rankings of MMC Projects (India)
Contact details
MMC Projects (India) Private Limited's registered office is in Gandhidham, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.21 22 & 23 Tagore Road Sector – 9, Gandhidham, Gujarat, India – 370201
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of MMC Projects (India) Private Limited, buy the company report.
Comprehensive company report
MMC Projects (India) 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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Secure checkout · GST invoice included
Business activity
The main business activity of MMC Projects (India) 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 MMC Projects (India) Private Limited, buy the company report.
Financials of MMC Projects (India) Private Limited
FY 2024 filings availableMMC Projects (India) Private Limited reported revenue of ₹42.83 Cr (up 68% YoY) for FY 2024.
Revenue · FY 2024
₹42.83 Cr ▲ 68%
Net profit · FY 2024
₹1 Cr margin 2.3%
EBITDA · FY 2024
₹7.81 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 34%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 10%
5 years · compounded
▼ 2%
Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 15% 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 | ₹7.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1 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 | 18.2% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of MMC Projects (India) Private Limited, buy the company report.
Board of directors of MMC Projects (India) Private Limited
MMC Projects (India) has 5 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 |
|---|---|---|---|---|
| Amritlal Velji Sorathia | Director | 02 Oct 2006 | 20 Years 0 Months | Current |
| Aakash Jagdish Sorathia | Director | 31 Dec 2016 | 9 Years 9 Months | Current |
| Manish Ratilal Sorathia Also directs: Manish Entertainment Private Limited | Director | 24 Aug 2006 | 20 Years 2 Months | Current |
| Raj Jagdish Sorathia | Director | 31 Dec 2016 | 9 Years 9 Months | Current |
| Rushit Sanjay Sorathia | Director | 19 Aug 2025 | 1 Years 2 Months | Current |
Auditor
MMC Projects (India) Private Limited is audited by Amks & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amks & Co | FY 2023 | 128982W |
Shareholding
The shareholding of MMC Projects (India) 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MMC Projects (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹175.72 Cr
Satisfied charges
₹84.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2020 | 100334407 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 02 Mar 2019 | 100245891 | The Kalupur Commercial Co-Operative Bank Limited | ₹15 Cr | Open | |
| 13 Mar 2018 | 100166269 | The Kalupur Commercial Co-Operative Bank Limited | ₹55 Cr | Open | |
| 10 Jan 2018 | 100152619 | The Kalupur Commercial Co-Operative Bank Limited | ₹55 Cr | Open | |
| 03 Mar 2014 | 10485655 | The Mehsana Urban Co.-Operative Bank Limited | ₹4.5 Cr | Open |
To see the full charge records of MMC Projects (India) Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
MMC Projects (India) Private Limited has 12 court cases on record: 7 filed by MMC Projects (India), 5 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
7
Filed against the company
5
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| Supreme Court | 4 | 2 | 0 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (9999-Other) | Filed by the company against Gujarat State Electricity Corpn. Ltd Through Chief Engineer (Civil), Vidyut Bhawan , District: Race Course ,Vadodara , Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Assistant Commissioner of Income Tax | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Union of India, Through, Dy. Ce(C)I-Brc | Pending |
| District court, RAJKOT, Gujarat | Commercial matter | Filed against the company by Chiragbhai Jitendrabhai Kesariya Authorised Paerson of Epp Composites Pvt Ltd | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
To see the full case history of MMC Projects (India) 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.
Credit ratings & regulatory alerts
MMC Projects (India) Private Limited was last rated by Brickwork on 02 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 02 Nov 2021 |
To see the full credit ratings and regulatory alerts of MMC Projects (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MMC Projects (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
MMC Projects (India) has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Kimcs JV Infra Project Private Limited | U45309GA2022PTC015274 |
To see the full group structure of MMC Projects (India) Private Limited, buy the company report.
Employees & EPFO
MMC Projects (India) Private Limited has a workforce of 16 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
GST
MMC Projects (India) has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM7792A1ZJ | Gujarat | Active | 01 Jul 2017 |
| 08AAECM7792A1ZD | Rajasthan | Active | 19 Feb 2020 |
| 23AAECM7792A1ZL | Madhya Pradesh | Active | 04 Sep 2020 |
To see the full GST registrations and return filing status of MMC Projects (India) Private Limited, buy the company report.
Recent activity
MMC Projects (India) Private Limited has 7 board changes on record since 2006: 5 appointments and 2 cessations. The latest: Rushit Sanjay Sorathia was appointed as Director on 19 Aug 2025.
Appointed
Rushit Sanjay Sorathia was appointed as Director.
Ceased
Sanjay Ratilal Sorathia ceased to be Director.
AGM
Mmc Projects (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mmc Projects (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 26.22 Cr registered on 06 Dec 2013 with Charge ID 10475247 was modified on 05 Jun 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 31 Mar 2020 with Charge ID 100334407 was modified on 17 Sep 2020.
Charges
A charge registered on 27 Jun 2019 via Charge ID 100271782 with Others was fully satisfied on 16 Jul 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 55.00 Cr registered on 13 Mar 2018 with Charge ID 100166269 was modified on 03 Jul 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 55.00 Cr registered on 10 Jan 2018 with Charge ID 100152619 was modified on 03 Jul 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100334407 was registered on 31 Mar 2020.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 100271782 was registered on 27 Jun 2019.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100245891 was registered on 02 Mar 2019.
30 earlier events are in the company report.
Frequently asked questions
MMC Projects (India) is an active private limited company based in Gandhidham, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 24 August 2006 (20+ years old) and is registered under CIN U45200GJ2006PTC048948.
MMC Projects (India) has 5 current directors:
- Amritlal Velji Sorathia - Director
- Aakash Jagdish Sorathia - Director
- Manish Ratilal Sorathia - Director
- Raj Jagdish Sorathia - Director
- Rushit Sanjay Sorathia - Director
The latest financial statements of MMC Projects (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of MMC Projects (India) is 24AAECM7792A1ZJ, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AAECM7792A1ZD (Rajasthan), 23AAECM7792A1ZL (Madhya Pradesh).
The CIN (Corporate Identification Number) of MMC Projects (India) is U45200GJ2006PTC048948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MMC Projects (India) has 12 court cases on record: 7 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
MMC Projects (India) was incorporated on 24 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rushit Sanjay Sorathia was appointed as Director on 19 Aug 2025. Sanjay Ratilal Sorathia ceased to be Director on 21 Jun 2025. Aakash Jagdish Sorathia was appointed as Director on 31 Dec 2016. MMC Projects (India) has 7 board changes on record in total.
Yes, MMC Projects (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-13-0010108).
The registered office of MMC Projects (India) is at Plot No.21 22 & 23 Tagore Road Sector – 9, Gandhidham, Gujarat, India – 370201.