Montecarlo Projects Limited, a active public limited company, was established on 18 August 2016 in Ahmedabad, Gujarat, India. Engaging in general infrastructure services within the infrastructure and utilities sector, it holds CIN: U45303GJ2016PLC093407. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.
Formerly known as Montecarlo Projects India Limited. It upholds a compliant status. Employing 28 professional, Its leadership includes Suhas Vasantrao Joshi (Director), Brijesh Kanubhai Patel (Director), Mrunal Kanubhai Patel (Director). Past directors included Suhas Vasantrao Joshi, Kalpesh Mahendrakumarsoni, Nareshkumar Pranshankar Suthar. It holds ₹6,607.30 Cr open charges and ₹1,275.75 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Montecarlo House, Sindhu Bhavan Road, Bodakdev,, Ahmedabad, Gujarat, 380058.
U45303GJ2016PLC093407
093407
18 August 2016
₹0.50 M
₹0.10 M
Roc Ahmedabad
Unlisted
Active
Explore comprehensive insights into Montecarlo Projects Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suhas Vasantrao Joshi | Director | 05 Apr 2022 | Current |
| Brijesh Kanubhai Patel | Director | 18 Aug 2016 | Current |
| Mrunal Kanubhai Patel | Director | 18 Aug 2016 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 29 Sep 2022 | Past |
| Pramod Abcsdd | Director | - | Past |
| Pramod Abcsdd | Director | 05 Apr 2022 | Past |
| Pramod Abcsdd | Director | 16 Jan 2019 | Past |
| Pramod Abcsdd | Cfo | - | Past |
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Montecarlo Projects Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 154.74% decrease in profit. The company's net worth Soared by an impressive increase of 54.55%.
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In 2023, Montecarlo Projects had a promoter holding of 100.00%. The company had 13 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹66,073,000,000.00
₹12,757,500,000.00
| 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 | ₹534.80 Cr | Open |
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Montecarlo Projects has a workforce of 28 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Montecarlo Projects, 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 Projects's trajectory.
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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.
A charge with Others of Rs. 2,338.10 M registered on 23 Nov 2020 with Charge ID 100405390 was modified on 14 Aug 2025. was recorded as a recent event.
A charge with Others of Rs. 5,348.00 M registered on 27 Sep 2023 with Charge ID 100797851 was modified on 23 Jun 2025. was recorded as a recent event.
Progress on A charge registered on 11 Jan 2020 via Charge ID 100321430 with Others was fully satisfied on 15 Oct 2024. was documented.
Progress on Montecarlo Projects Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.
A charge with Sbicap Trustee Company Limited amounted to Rs. 15,329.50 M with Charge ID 100968366 was registered on 20 Aug 2024. was recorded as a recent event.
A charge with Others amounted to Rs. 3,998.90 M with Charge ID 100966379 was registered on 12 Aug 2024. was recorded as a recent event.
CyanConnode Holdings Wins Second Significant Order from Montecarlo Ltd.
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 pre-IPO 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 didn't launch it. Now they have to refile for approval..
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.
The IPO comprises fresh issuance of shares worth Rs 450 crore besides an offer for sale of up to 30 lakh equity stocks..
Montecarlo has appointed Edeweiss Financial Services to start work on the proposed IPO, through which it seeks to raise around Rs500-600 crore.
The CIN of Montecarlo Projects Limited is U45303GJ2016PLC093407.
Montecarlo Projects Limited is headquartered at Montecarlo House, Sindhu Bhavan Road, Bodakdev,, Ahmedabad, Gujarat, 380058.
Montecarlo Projects Limited was incorporated on 18 August 2016.
The current directors of Montecarlo Projects Limited are
The primary industry of Montecarlo Projects Limited is Infrastructure And Utilities.
Montecarlo Projects Limited is unlisted.
The authorized capital of Montecarlo Projects Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.
The compliance status of Montecarlo Projects Limited is Compliant.
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