About
Basic Data Updated:
2 months agoThe Corporate was formerly known as Montecarlo Construction Private Limited. The Company is engaged in the Infrastructure Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 125.00 cr and a paid-up capital of Rs 85.50 cr.
The Corporate currently has active open charges totaling ₹5,691.22 cr. It has already closed loans amounting to ₹884.91 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Montecarlo Limited India are Shreyan Shah as Cfo and Kalpesh Desai as Company Secretary. Nareshkumar Suthar, Suhas Joshi, Suresh Patel, and Six other members serve as directors at the Company.
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U40300GJ1995PLC025082 |
| Company No. | 025082 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 20 Mar 1995 |
| Date of AGM | 29 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Ahmedabad |
Products or Services related to Montecarlo Limited
Second Hand Fly Ash Brick Making Machine
Bulldozer
Crushing Machines & Plants
Brick Making Machines
Financials of Montecarlo Limited
Montecarlo Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.01% increase. The company also saw a substantial improvement in profitability, with a 14.14% increase in profit. The company's net worth Soared by an impressive increase of 16.28%.
Corporate Structure
Unlock access to Montecarlo's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Montecarlo Limited
Unlock and access historical data on people associated with Montecarlo, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
Kalpesh Desai
Company SecretaryAppointment Date: 01-Jun-2016
Status: Current
SS
Shreyan Shah CFOAppointment Date: 07-Mar-2024
Status: Current
MP
Mrunal Patel Managing DirectorAppointment Date: 23-Jan-2002
Status: Current
BP
Brijesh Patel Managing DirectorAppointment Date: 02-Mar-1998
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 13 Mar 2024 | ₹1.34 M | Open |
Hdfc Bank Limited Creation Date: 13 Mar 2024 | ₹3.46 M | Open |
Hdfc Bank Limited Creation Date: 13 Mar 2024 | ₹5.66 M | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Montecarlo, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Montecarlo's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Montecarlo Munger Mirzachauki 1 Highway Private Limited
Active
3 years 6 months Nareshkumar Suthar and Suhas Joshi are mutual person
Montecarlo Hubli Haveri Highway Private Limited
Active 7 years 5 months Nareshkumar Suthar and Suhas Joshi are mutual person
Montecarlo Barjora Mining Private Limited
Active 8 years 1 month Nareshkumar Suthar is a mutual person
Montecarlo Amravati Chikhli Highway Private Limited
Active 4 years 6 months Nareshkumar Suthar is a mutual person
Recent activity within the organization
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 cr with Charge ID 100883012 was registered on 13 Mar 2024.
13 Mar 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 cr with Charge ID 100883013 was registered on 13 Mar 2024.
13 Mar 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.57 cr with Charge ID 100883018 was registered on 13 Mar 2024.
13 Mar 2024Director Appointment
Shreyan Dipakbhai Shah was appointed as a Cfo was appointed as a Cfo on 07 Mar 2024 & has been associated with this company since 6 months 13 days .
07 Mar 2024Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.02 cr with Charge ID 100853517 was registered on 24 Jan 2024.
24 Jan 2024
Recent News, Updates & Announcement
CyanConnode Holdings Wins Second Significant Order from Montecarlo Ltd.CyanConnode Holdings Wins Second Significant Order from Montecarlo Ltd.
DirectorsTalk Interviews 11 Jan 2024
- Montecarlo Ltd Plans Rs 550 Crore IPO Aims to Fund Projects and Expand with Support from Top Financial Firms.
Montecarlo Ltd wants to raise Rs 550 crore through IPO They will issue new shares worth Rs 450 crore and sell 30 lakh shares from existing shareholder Kanubhai M Patel Trust They may also do a preIPO placement for Rs 100 crore The IPO is expected to fetch Rs 550 crore and the money will be used for projects and other purposes Edelweiss Financial Services Axis Capital and HDFC Bank will manage the IPO Montecarlo has completed 67 projects in 20 years They had approval for IPO in 2018 but didnt launch it Now they have to refile for approval.
Economic Times 30 Sep 2019
- Sembcorp Energy Montecarlo get Sebis goahead for IPO.
Sembcorp Energy had approached the regulator in February seeking its clearance for the IPO while Montecarlo had filed its draft papers with Sebi in May.
PTI 06 Aug 2018
- Montecarlo files papers for Rs 550 crore IPO with Sebi.
The IPO comprises fresh issuance of shares worth Rs 450 crore besides an offer for sale of up to 30 lakh equity stocks.
Economic Times 11 May 2018
- Montecarlo eyes up to 100 million through IPO appoints investment bank Mint.
Montecarlo has appointed Edeweiss Financial Services to start work on the proposed IPO through which it seeks to raise around Rs500600 crore.
mint 27 Feb 2018
Frequently asked questions
What is the Incorporation or founding date of Montecarlo Limited?
