About MP Border Checkpost Development Company Limited
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MP Border Checkpost Development Company Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Il&Fs Transportation Networks Limited. It operates in the utility projects segment of the construction sector. It was incorporated on 15 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2010PLC209046. Its GSTIN is 27AAGCM8030K1Z9 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹149.02 Cr. It is led by directors including Milind Ramesh Gandhi and Sanjay Kumar Arora.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at The Il&Fs Financial Centre Plot C – 22 G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2026, the company reported a revenue of ₹3.2 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 57.1%) and EBITDA of ₹2.65 Cr (EBITDA margin 83%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 49% over five years.
The company is associated with 1 brand: Infrastructure Leasing & Financial Services. As per MCA filings, the company has open charges of ₹945 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹148.97 Cr; the latest was in April 2014.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ilfsindia.com.
Company details
Contact details
MP Border Checkpost Development Company Limited's registered office is in Mumbai, Maharashtra. Its website is ilfsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Il&Fs Financial Centre Plot C – 22 G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryConstruction, Utility Projects, Roads, Railways
To see the full contact details of MP Border Checkpost Development Company 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
Brands
MP Border Checkpost Development Company operates one associated brand: Infrastructure Leasing & Financial Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure financing and advisory solutions are provided by the NBFC. | ilfsindia.com |
Business activity
The main business activity of MP Border Checkpost Development Company is construction. In detail, this covers civil engineering.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 42 | Civil engineering |
Financials of MP Border Checkpost Development Company Limited
FY 2026 filings availableMP Border Checkpost Development Company Limited reported revenue of ₹3.2 Cr (down 92% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 92% fall in the latest year. EBITDA fell 89% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹3.2 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83% | ||||
| Net Profit Margin | 57.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of MP Border Checkpost Development Company Limited, buy the company report.
Board of directors of MP Border Checkpost Development Company Limited
MP Border Checkpost Development Company has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Ramesh Gandhi | Additional Director | 12 Sep 2020 | 6 Years 2 Months | Current |
| Sanjay Kumar Arora Also directs: Futureage Infrastructure India Limited, Vansh Nimay Infraprojects Limited, Khed Sinnar Expressway Limited and 1 more | Nominee Director | 19 Mar 2019 | 7 Years 7 Months | Current |
| Sumathy Sivaramakrishnan Also directs: Kiratpur Ner Chowk Expressway Limited | Nominee Director | 21 Jan 2015 | 11 Years 9 Months | Current |
Auditor
MP Border Checkpost Development Company Limited is audited by Gianender & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gianender & Associates | FY 2026 | 004661N |
Shareholding
The shareholding of MP Border Checkpost Development Company Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MP Border Checkpost Development Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2011 | 10285642 | Il & Fs Trust Company Limited | ₹945 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
MP Border Checkpost Development Company Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹148.97 Cr; the latest was in April 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Funding round | ₹53.06 Cr | Investors: Il&Fs Transportation Networks Limited |
| Apr 2014 | Secondary share transfer | Undisclosed | Buyer: Il&Fs Transportation Networks Limited Seller: Spanco Limited |
| Jan 2012 | Funding round | ₹95.92 Cr | Investors: Il&Fs Transportation Networks Limited , Spanco Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MP Border Checkpost Development Company Limited has 3 court cases on record: 1 filed by MP Border Checkpost Development Company, 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 2 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Canara Bank | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Central Bank of India and 11 others | Disposed |
To see the full case history of MP Border Checkpost Development Company 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.
Credit ratings & regulatory alerts
MP Border Checkpost Development Company Limited was last rated by Care on 25 Feb 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Feb 2026 |
To see the full credit ratings and regulatory alerts of MP Border Checkpost Development Company Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MP Border Checkpost Development Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MP Border Checkpost Development Company has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM8030K1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 23AAGCM8030K1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MP Border Checkpost Development Company Limited, buy the company report.
Recent activity
MP Border Checkpost Development Company Limited has 17 board changes on record since 2012: 3 appointments and 14 cessations. The latest: Mohit Bhasin ceased to be Additional Director on 01 Oct 2022.
9 earlier events are in the company report.
Frequently asked questions
MP Border Checkpost Development Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in utility projects, within the construction industry. It was incorporated on 15 October 2010 (16+ years old) and is registered under CIN U45203MH2010PLC209046.
MP Border Checkpost Development Company has 3 current directors:
- Milind Ramesh Gandhi - Additional Director
- Sanjay Kumar Arora - Nominee Director
- Sumathy Sivaramakrishnan - Nominee Director
The latest financial statements of MP Border Checkpost Development Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MP Border Checkpost Development Company is 27AAGCM8030K1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAGCM8030K1ZH (Madhya Pradesh).
The CIN (Corporate Identification Number) of MP Border Checkpost Development Company is U45203MH2010PLC209046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MP Border Checkpost Development Company has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending.
MP Border Checkpost Development Company was incorporated on 15 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
MP Border Checkpost Development Company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹148.97 Cr; the latest was in April 2014.
Mohit Bhasin ceased to be Additional Director on 01 Oct 2022. Milind Ramesh Gandhi was appointed as Additional Director on 12 Sep 2020. Mallikarjun Baswanappa Bajulge ceased to be Nominee Director on 05 Apr 2019. MP Border Checkpost Development Company has 17 board changes on record in total.
MP Border Checkpost Development Company can be reached through the website ilfsindia.com. Its registered office is in Mumbai, Maharashtra, India.
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