About Montecarlo Limited
Data last updated: 07 December 2025
Montecarlo Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 20 March 1995, the company has been in operation for over 31 years.
Registered with ROC Ahmedabad under CIN U45201GJ1995PLC025082.
Capital: an authorised share capital of ₹125 Cr and a paid-up capital of ₹85.5 Cr. Formerly known as Montecarlo Construction Private Limited and Montecarlo Construction Limited. It is led by directors including Suhas Vasantrao Joshi and Brijesh Kanubhai Patel.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Montecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,127.73 Cr, a decline of 3% compared to the previous year.
The company has a workforce of approximately 4,528 employees as per the latest available data.
The company is associated with 1 brand - Montecarlo. As per MCA filings, the company has open charges of ₹5,248.31 Cr and satisfied charges of ₹4,843.23 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mclindia.com.
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Registered AddressMontecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380058
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IndustryInfrastructure and Utilities, General Construction Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Montecarlo Limited
Montecarlo Limited has undergone 2 name changes throughout its history. The company was previously known as Montecarlo Construction Private Limited, and Montecarlo Construction Limited. The current legal name is Montecarlo Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Montecarlo Limited | Current |
| Montecarlo Construction Private Limited | Previous |
| Montecarlo Construction Limited | Previous |
CIN History of Montecarlo Limited
Montecarlo Limited has one previous CIN (Corporate Identification Number): U45201GJ1995PLC025082. The current CIN is U40300GJ1995PLC025082, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300GJ1995PLC025082 | Current |
| U45201GJ1995PLC025082 | Previous |
Associated Brands with Montecarlo Limited
Montecarlo Limited operates one associated brand: Montecarlo. These brands represent Montecarlo Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Infrastructure firm constructing highways, railways, mining, and energy projects. | mclindia.com |
Competitors & Alternatives of Montecarlo Limited
Brands and companies operating in the same space as Montecarlo Limited include Legrand, Budimex, Hercules Site Services and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Legrand
|
Electrical and digital solutions for building infrastructures are provided. | Limoges, France, France | 1860 |
Budimex
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Infrastructure such as roadways, railways, and energy plants is developed. | Warsaw, Poland, Poland | 1968 |
Hercules Site Services
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Infrastructure development services are provided across various sites. | Cirencester, United Kingdom, United Kingdom | 2008 |
Afcons
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Developer of oil & gas, underground, and urban infrastructure | Mumbai, India, India | 1959 |
Balfour Beatty
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Infrastructure financing, construction, and support services are provided globally. | London, United Kingdom, United Kingdom | 1909 |
L.B. Foster
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Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets | Pittsburgh, United States, United States | 1902 |
Sdiptech
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Sustainable infrastructure development services are provided globally. | Stockholm, Sweden, Sweden | 2015 |
Mota-Engil
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Infrastructure development services are provided in the real estate sector. | Linda A Velha, Portugal, Portugal | 1946 |
Chinachem Group
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Delivers comprehensive infrastructure development services. | Tsuen Wan, China, China | 1960 |
Business Activity of Montecarlo Limited
Montecarlo Limited is engaged in principal business activities including construction and mining and quarrying, with detailed activities including roads, railways, utility projects, mining of coal and lignite. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
| B | Mining and quarrying | B1 | Mining of Coal and lignite | Locked |
Business activity turnover details for Montecarlo Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Board of Directors and KMP of Montecarlo Limited
Montecarlo Limited currently reports 8 directors and 2 key managerial personnel. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Shreyan Dipakbhai Shah
Also directs:
Montecarlo Vadodara Mumbai Expressway Private Limited
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Cfo | 12 Feb 2024 | 2 Years 5 Months | Current |
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Suhas Vasantrao Joshi
Also directs:
Montecarlo Energy Limited, Montecarlo Projects Limited
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Whole-Time Director | 26 Jun 2013 | 13 Years 0 Months | Current |
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Brijesh Kanubhai Patel
Also directs:
Montecarlo Asset Holdings Llp, Montecarlo Realty Llp, Montecarlo Enterprises Private Limited and 3 more
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Managing Director | 02 Mar 1998 | 28 Years 4 Months | Current |
| Suresh Natwarlal Patel | Director | 26 Dec 2022 | 3 Years 6 Months | Current |
| Kalpesh Punamchand Desai | Company Secretary | 01 Jun 2016 | 10 Years 1 Months | Current |
| Nareshkumar Pranshankar Suthar | Whole-Time Director | 01 Oct 2009 | 16 Years 9 Months | Current |
Financials of Montecarlo Limited FY 2024 filings available
Montecarlo Limited reported revenue of ₹5,127.73 Cr (down 3.00% YoY) for FY 2025.
Ten-year financial statements for Montecarlo Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Charges & Borrowings of Montecarlo Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2025 | Indian Overseas Bank | ₹9.8 Lakh | Open |
| 22 Sep 2025 | Indian Overseas Bank | ₹10.3 Lakh | Open |
| 16 Apr 2025 | Indian Overseas Bank | ₹21.73 Lakh | Open |
| 04 Apr 2025 | Axis Bank Limited | ₹9.98 Lakh | Open |
| 23 Dec 2024 | Axis Bank Limited | ₹10.45 Lakh | Open |
Total charge records: 852 View all charges
Employees and EPFO Compliance at Montecarlo Limited
View historical data on people associated with Montecarlo Limited, including employment history and EPFO contributions.
Employee and EPFO history for Montecarlo Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Montecarlo Limited
GST registrations and filing compliance for Montecarlo Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Montecarlo Limited
Credit ratings, litigation, and regulatory alerts for Montecarlo Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Montecarlo Limited
MSME payment history for Montecarlo Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Montecarlo Limited
Corporate group structure for Montecarlo Limited
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- Parent company
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MCA Filings & Documents of Montecarlo Limited
MCA filings and documents for Montecarlo Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Montecarlo Limited
Recent News on Montecarlo Limited
Frequently Asked Questions about Montecarlo Limited
Montecarlo Limited is an active public limited company in the infrastructure and utilities sector based in Ahmedabad, Gujarat, India. It was incorporated on 20 March 1995 (31+ years old) and is registered under CIN U40300GJ1995PLC025082. The company has 4,528 employees.
Montecarlo Limited reported revenue of ₹5,127.73 Cr for FY 2025 (down 3.00% YoY).
The current directors and KMP of Montecarlo Limited are:
- Shreyan Dipakbhai Shah - Cfo
- Suhas Vasantrao Joshi - Whole-Time Director
- Brijesh Kanubhai Patel - Managing Director
- Suresh Natwarlal Patel - Director
- Kalpesh Punamchand Desai - Company Secretary
- Nareshkumar Pranshankar Suthar - Whole-Time Director
- Dipak Kamlakar Palkar - Director
- Kanubhai Mafatlal Patel - Director
- Mrunal Kanubhai Patel - Managing Director
- Purvi Sushil Parikh - Director
The primary industry of Montecarlo Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.
Montecarlo Limited can be reached at the registered office: Montecarlo House Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380058, or through the website mclindia.com.
The authorised capital is ₹125 Cr, and the paid-up capital is ₹85.5 Cr.