Montecarlo Construction Private Limited
About Montecarlo Construction Private Limited
Data last updated:
Montecarlo Construction Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 May 2009.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2009PTC056989. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹11 Lakh. It was formerly known as Mahiar Construction Private Limited.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.07 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹17,863 (net margin 0%) and EBITDA of -₹17,863 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 50% over five years.
As per MCA filings, the company has satisfied charges of ₹3.66 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Company details
Contact details
Montecarlo Construction Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address706 Shilp Building 7th Floor Near Municipal Market C. G. Road Navra, Ngpura, Ahmedabad, Gujarat, India – 380009
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Montecarlo Construction 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
Financials of Montecarlo Construction Private Limited
FY 2016 filings availableMontecarlo Construction Private Limited reported revenue of ₹14.07 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 18% growth in the latest year. EBITDA fell 9% 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 | -₹17,863 | ||||
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| Net Profit (PAT) | -₹17,863 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Montecarlo Construction Private Limited, buy the company report.
Board of directors of Montecarlo Construction Private Limited
Montecarlo Construction has 5 former directors on record and no current directors listed.
Peer comparison
Montecarlo Construction Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Icad Airports Private Limited | ₹14.11 Cr (FY 2024) | 221.0% | Noida, Uttar Pradesh, India | |||
| Forentec Engineers Private Limited | ₹14.11 Cr (FY 2024) | 11.0% | Ranchi, Jharkhand, India | |||
| Navnath Infraproject Developers Private Limited | ₹14.1 Cr (FY 2025) | 24.0% | Atgaon, Maharashtra, India | |||
| Neelkantham Systems Private Limited | ₹14.09 Cr (FY 2024) | -11.0% | Korba, Chhattisgarh, India | |||
| Rd Concrete Solutions Private Limited | ₹14.08 Cr (FY 2025) | 173.0% | Nagpur, Maharashtra, India | |||
| Montecarlo Construction Private Limitedthis company | ₹14.07 Cr (FY 2024) | -₹17,863 | 0% | 18.0% | Ahmedabad, Gujarat, India | |
| House of Power Electricals Private Limited | ₹14.06 Cr (FY 2024) | 367.0% | Patna, Bihar, India | |||
| Open Access Electricity Private Limited | ₹14.06 Cr (FY 2024) | -40.0% | Delhi, India | |||
| GSD Projects Private Limited | ₹14.06 Cr (FY 2025) | 272.0% | Delhi, India | |||
| Park Town Complex Private Limited | ₹14.05 Cr (FY 2025) | -58.0% | Delhi, India | |||
| Marudhara Agri Infra Private Limited | ₹14.05 Cr (FY 2024) | 76.0% | Bikaner, Rajasthan, India |
To see the full peer comparison of Montecarlo Construction Private Limited, buy the company report.
Auditor
Montecarlo Construction Private Limited is audited by SURANA MALOO & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURANA MALOO & CO | FY 2016 | 112171W |
Shareholding
The shareholding of Montecarlo Construction Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Montecarlo Construction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2014 | 10543704 | Kotak Mahindra Bank Limited | ₹3.66 Cr | Satisfied |
To see the full charge records of Montecarlo Construction Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Montecarlo Construction Private Limited has 5 court cases on record: 2 filed by Montecarlo Construction, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Revision petition | Filed against the company by Monte Carlo Limited and Ors | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-Ii | Disposed |
| Supreme Court | Court case (4203-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by State Governments / Union Territories) | Filed by the company against State of M.P. . | Disposed |
To see the full case history of Montecarlo Construction 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 Montecarlo Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Montecarlo Construction has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Montecarlo Construction Private Limited, buy the company report.
Recent activity
Montecarlo Construction Private Limited has 5 board changes on record since 2012: 0 appointments and 5 cessations. The latest: Brijesh Kanubhai Patel ceased to be Director on 21 Mar 2017.
Frequently asked questions
Montecarlo Construction has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Montecarlo Construction was a private limited company based in Ahmedabad, Gujarat, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 May 2009 and is registered under CIN U45201GJ2009PTC056989. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Montecarlo Construction is U45201GJ2009PTC056989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Montecarlo Construction was incorporated on 19 May 2009. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Montecarlo Construction is at 706 Shilp Building 7th Floor Near Municipal Market C. G. Road Navra, Ngpura, Ahmedabad, Gujarat, India – 380009.
The latest financial statements of Montecarlo Construction on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Montecarlo Construction has 1 GST registration on record and it is cancelled or inactive.
Montecarlo Construction operated in the infrastructure and utilities industry, in the general construction services segment.
The peers of Montecarlo Construction by revenue are Icad Airports Private Limited, Forentec Engineers Private Limited, Navnath Infraproject Developers Private Limited, Neelkantham Systems Private Limited, Rd Concrete Solutions Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Montecarlo Construction has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.
Brijesh Kanubhai Patel ceased to be Director on 21 Mar 2017. Mrunal Kanubhai Patel ceased to be Director on 21 Mar 2017. Bhagwatbhai Dayashankar Trivedi ceased to be Director on 18 Oct 2013. Montecarlo Construction has 5 board changes on record in total.