About Montecarlo Projects Limited
Data last updated: 09 January 2026
Montecarlo Projects Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Montecarlo Limited. It specialises in general infrastructure services, a part of the broader infrastructure and utilities sector. Incorporated on 18 August 2016, the company has been in operation for over 10 years.
Registered with ROC Ahmedabad under CIN U45303GJ2016PLC093407.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. Formerly known as Montecarlo Projects India Limited. It is led by directors including Suhas Vasantrao Joshi and Brijesh Kanubhai Patel.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. 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 ₹2,956.44 Cr, a growth of 12% compared to the previous year.
The company has a workforce of approximately 28 employees as per the latest available data. It operates as a subsidiary of Montecarlo Limited. Its group structure includes 13 subsidiaries.
The company is associated with 1 brand - Montecarlo. As per MCA filings, the company has open charges of ₹6,607.3 Cr and satisfied charges of ₹1,275.75 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 Infrastructure Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Montecarlo Projects Limited
Montecarlo Projects Limited operates one associated brand: Montecarlo. These brands represent Montecarlo Projects 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 Projects Limited
Brands and companies operating in the same space as Montecarlo Projects Limited include Legrand, Budimex, Hercules Site Services and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Legrand
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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 Projects Limited
Montecarlo Projects Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.
| 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 |
Business activity turnover details for Montecarlo Projects Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Montecarlo Projects Limited
Montecarlo Projects Limited is audited by T R CHADHA CO & LLP for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T R CHADHA CO & LLP | Locked | Locked | Locked |
Complete auditor history for Montecarlo Projects Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Montecarlo Projects Limited
Montecarlo Projects Limited is currently managed by 3 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Suhas Vasantrao Joshi
Also directs:
Montecarlo Energy Limited, Montecarlo Limited
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Director | 05 Apr 2022 | 4 Years 4 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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Director | 18 Aug 2016 | 10 Years 0 Months | Current |
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Mrunal Kanubhai Patel
Also directs:
Montecarlo Asset Holdings Llp, Montecarlo Realty Llp, Montecarlo Enterprises Private Limited and 4 more
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Director | 18 Aug 2016 | 10 Years 0 Months | Current |
Financials of Montecarlo Projects Limited FY 2025 filings available
Montecarlo Projects Limited reported revenue of ₹2,956.44 Cr (up 12.00% YoY) for FY 2025.
Ten-year financial statements for Montecarlo Projects Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Montecarlo Projects Limited
Shareholding and ownership data for Montecarlo Projects Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Montecarlo Projects Limited
Montecarlo Projects Limited has 13 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Montecarlo Projects Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Montecarlo Hura Mining Private Limited | U10100GJ2022PTC136635 | Locked |
| Montecarlo Barjora Mining Private Limited | U10300GJ2016PTC093311 | Locked |
| Montecarlo Jabalpur Smart Metering Private Limited | U40300GJ2022PTC136709 | Locked |
| Montecarlo Bangalore Chennai Expressway P2p1 Private Limited | U45201GJ2021PTC125910 | Locked |
| Montecarlo Balagondapalli Highway Private Limited | U45201GJ2022PTC130914 | Locked |
| Montecarlo Munger Mirzachauki 1 Highway Private Limited | U45203GJ2021PTC121099 | Locked |
Showing major subsidiaries. Total: 13.
Charges & Borrowings of Montecarlo Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2024 | Sbicap Trustee Company Limited | ₹1,532.95 Cr | Open |
| 12 Aug 2024 | Others | ₹399.89 Cr | Open |
| 26 Mar 2024 | Others | ₹367.31 Cr | Open |
| 16 Jan 2024 | Others | ₹532.83 Cr | Open |
| 27 Sep 2023 | Others | ₹534.8 Cr | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Montecarlo Projects Limited
Montecarlo Projects Limited has a workforce of 28 employees as of Mar 28, 2024.
Employee and EPFO history for Montecarlo Projects Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Montecarlo Projects Limited
GST registrations and filing compliance for Montecarlo Projects Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Montecarlo Projects Limited
Credit ratings, litigation, and regulatory alerts for Montecarlo Projects Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Montecarlo Projects Limited
MSME payment history for Montecarlo Projects 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
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Montecarlo Projects Limited
Corporate group structure for Montecarlo Projects Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Montecarlo Projects Limited
MCA filings and documents for Montecarlo Projects 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
Verified entity values are shown only after access is granted.
Recent Activity on Montecarlo Projects Limited
Recent News on Montecarlo Projects Limited
Frequently Asked Questions about Montecarlo Projects Limited
Montecarlo Projects Limited is an active public limited company in the infrastructure and utilities sector based in Ahmedabad, Gujarat, India. It was incorporated on 18 August 2016 (10+ years old) and is registered under CIN U45303GJ2016PLC093407. The company has 28 employees.
Montecarlo Projects Limited reported revenue of ₹2,956.44 Cr for FY 2025 (up 12.00% YoY).
The current directors of Montecarlo Projects Limited are:
- Suhas Vasantrao Joshi - Director
- Brijesh Kanubhai Patel - Director
- Mrunal Kanubhai Patel - Director
The primary industry of Montecarlo Projects Limited is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.
Montecarlo Projects 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 ₹5 Lakh, and the paid-up capital is ₹1 Lakh.