MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0000676
Mycon Construction Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.1 Cr
▲ 9% YoY
Net profit · FY 2024
₹37.4 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹5.91 Cr
EBITDA margin 17.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹98.65 Lakh
Issued & subscribed
Open charges
₹60.31 Cr
Satisfied ₹159.47 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
80
Provident fund records
About Mycon Construction Limited
Data last updated:
Mycon Construction Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 09 May 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA1989PLC010060. Its GSTIN is 29AAACM7140E1ZN (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹98.65 Lakh. It is led by directors including Anil Kumar Malpani (Managing Director) and Sudarshan Malpani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Industry House 45 Race Courseroad Bangalore Road, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.1 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹37.4 Lakh (net margin 1.1%) and EBITDA of ₹5.91 Cr (EBITDA margin 17.3%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 14% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.31 Cr and satisfied charges of ₹159.47 Cr on record. Court records list 94 cases involving the company, including 61 filed by the company and 34 filed against it; 13 cases are pending.
Mycon Construction Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0000676). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myconltd.com.
Company details
CIN U45201KA1989PLC010060
Registration Number 010060
Incorporation Date 09 May 1989
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 November 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0000676
CIN history
Mycon Construction has one previous CIN (Corporate Identification Number): U85110KA1989PLC010060. The current CIN is U45201KA1989PLC010060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KA1989PLC010060 | Current |
| U85110KA1989PLC010060 | Previous |
Key People
Anil Kumar Malpani Managing Director Sudarshan Malpani Whole-Time Director Sidhant Malpani Additional Director Recognitions & Rankings of Mycon Construction
Contact details
Mycon Construction Limited's registered office is in Bangalore, Karnataka. Its website is myconltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIndustry House 45 Race Courseroad Bangalore Road, Karnataka, India – 560001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Mycon Construction Limited, buy the company report.
Comprehensive company report
Mycon Construction Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Mycon Construction is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Mycon Construction Limited, buy the company report.
Financials of Mycon Construction Limited
FY 2025 filings availableMycon Construction Limited reported revenue of ₹34.1 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹34.1 Cr ▲ 9%
Net profit · FY 2024
₹37.4 Lakh margin 1.1%
EBITDA · FY 2024
₹5.91 Cr margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 16%
5 years · compounded
▼ 14%
EBITDA CAGR growth
3 years · compounded
▼ 5%
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.91 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹37.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mycon Construction Limited, buy the company report.
Board of directors of Mycon Construction Limited
Mycon Construction has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudarshan Malpani Also directs: Sangam Solvent Extracts Limited, Gem Properties Private Limited, Karnataka Transport Co Private Limited and 1 more | Whole-Time Director | 09 May 1989 | 37 Years 5 Months | Current |
| Sidhant Malpani Also directs: Sangam Solvent Extracts Limited | Additional Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Anil Kumar Malpani Also directs: Raichur Solvents Private Limited | Managing Director | 09 May 1989 | 37 Years 5 Months | Current |
Auditor
Mycon Construction Limited is audited by DAGLIYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAGLIYA & CO. | FY 2023 | 16444 |
Shareholding
The shareholding of Mycon Construction Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mycon Construction Limited, buy the company report.
Charges & borrowings
Open charges
₹60.31 Cr
Satisfied charges
₹159.47 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2011 | 10331592 | Kotak Mahindra Bank Limited | ₹18 Lakh | Open | |
| 31 Oct 2009 | 10188724 | The Bank of Rajasthan Ltd. | ₹1 Cr | Open | |
| 25 Apr 2009 | 10158781 | Kotak Mahindra Bank Limited | ₹9 Cr | Open | |
| 14 Nov 1994 | 80037905 | Others | ₹50.13 Cr | Open | |
| 29 Jun 2019 | 100276631 | Others | ₹10.63 Lakh | Satisfied |
To see the full charge records of Mycon Construction Limited, buy the company report.
Total charge records: 42 View all charges
Legal cases
Mycon Construction Limited has 94 court cases on record: 61 filed by Mycon Construction, 34 filed against it. 13 cases are pending and 81 are disposed.
Total cases
94
Filed by the company
61
Filed against the company
34
Pending
13
Disposed
81
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 46 | 14 | 6 |
| District courts | 42 | 17 | 7 |
| Supreme Court | 6 | 3 | 0 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by State Project Director | Disposed |
| Supreme Court | Court case (4703-Transfer Petitions : Civil Transfer Petitions under Section 25 of the Code of Civil Procedure,1908) | Filed against the company by Mecon Ltd | Disposed |
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by The State Project Director | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Linear Commercial Pvt. Ltd. Through Its Authorized Signatory Sachin Dilip Sakhle | Pending |
| District court, YADGIR, Karnataka | Court case (Com.EX.) | Filed by the company against The Krishna Bhagya Jala Nigam Limited | Disposed |
To see the full case history of Mycon Construction 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
Mycon Construction Limited was last rated by Crisil on 01 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Sep 2020 |
To see the full credit ratings and regulatory alerts of Mycon Construction Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mycon Construction Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mycon Construction Limited has a workforce of 80 employees on its EPFO records as of Apr 05, 2024, across 3 active EPFO establishments.
Employee count
80
Active EPFO establishments
3
Employee growth
33.33%
GST
Mycon Construction has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACM7140E1ZN | Karnataka | Active | 01 Jul 2017 |
| 33AAACM7140E1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAACM7140E1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mycon Construction Limited, buy the company report.
Recent activity
Mycon Construction Limited has 7 board changes on record since 1989: 3 appointments and 4 cessations. The latest: Sidhant Malpani was appointed as Additional Director on 29 Aug 2024.
AGM
Mycon Construction Limited last Annual general meeting of members was held on 28 Nov 2025 as per latest MCA records.
Charges
A charge registered on 27 Nov 2007 via Charge ID 10076957 with Canara Bank was fully satisfied on 09 Sep 2025.
Filing
Mycon Construction Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Sidhant Malpani was appointed as Additional Director.
Ceased
Krishna Kumar Malpani ceased to be Managing Director.
Charges
A charge registered on 29 Jun 2019 via Charge ID 100276631 with Others was fully satisfied on 23 Nov 2023.
Charges
A charge registered on 26 Feb 2019 via Charge ID 100243177 with Others was fully satisfied on 23 Nov 2023.
Charges
A charge registered on 26 Dec 2018 via Charge ID 100243708 with Others was fully satisfied on 23 Nov 2023.
Charges
A charge registered on 08 Apr 2019 via Charge ID 100260026 with Others was fully satisfied on 04 Jan 2023.
Charges
A charge registered on 20 Mar 2019 via Charge ID 100251669 with Canara Bank was fully satisfied on 17 Sep 2021.
Charges
A charge registered on 13 Jul 2017 via Charge ID 100117764 with Others was fully satisfied on 07 Nov 2020.
Charges
A charge with Others of Rs. 50.13 Cr registered on 14 Nov 1994 with Charge ID 80037905 was modified on 12 Oct 2020.
90 earlier events are in the company report.
Frequently asked questions
Mycon Construction is an active public limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 09 May 1989 (37+ years old) and is registered under CIN U45201KA1989PLC010060.
Mycon Construction has 3 current directors:
- Anil Kumar Malpani - Managing Director
- Sudarshan Malpani - Whole-Time Director
- Sidhant Malpani - Additional Director
The latest financial statements of Mycon Construction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mycon Construction is 29AAACM7140E1ZN, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAACM7140E1ZY (Tamil Nadu), 37AAACM7140E1ZQ (Andhra Pradesh).
The CIN (Corporate Identification Number) of Mycon Construction is U45201KA1989PLC010060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mycon Construction has 94 court cases on record: 61 filed by the company and 34 filed against it. 13 are pending. Most are in the high courts.
Mycon Construction was incorporated on 09 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Sidhant Malpani was appointed as Additional Director on 29 Aug 2024. Krishna Kumar Malpani ceased to be Managing Director on 09 Aug 2024. Arun Kumar Malpani ceased to be Whole-Time Director on 29 Jun 2020. Mycon Construction has 7 board changes on record in total.
Yes, Mycon Construction is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0000676).
Mycon Construction can be reached through the website myconltd.com. Its registered office is in Bangalore, Karnataka, India.