Mycon Construction Limited - Company Profile

It is a infrastructure and utilities public limited company based in Bangalore, Karnataka, India, established in 1989.
1989 Bangalore, Karnataka, India Active
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About Mycon Construction Limited

Mycon Construction Limited, a active public limited company, was established on 09 May 1989 in Bangalore, Karnataka, India. Engaging in general construction services within the construction sector, it holds CIN: U45201KA1989PLC010060. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹9.87 M.

It upholds a compliant status. Employing 80 professional, Its leadership includes Sudarshan Malpani (Whole-Time Director), Sidhant Malpani (Additional Director), Anil Kumar Malpani (Managing Director). Past directors included Arun Kumar Malpani, Sudarshan Malpani, Krishna Kumar Malpani. It holds ₹60.31 Cr open charges and ₹159.47 Cr settled loans. Its latest AGM occurred on 30 October 2024, with the balance sheet filed on 31 March 2024. It is based at Industry House,45, Race Courseroad, Bangalore Road,, Bangalore, Karnataka, 560001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45201KA1989PLC010060

  • Registration Number

    010060

  • Incorporation Date

    09 May 1989

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹9.87 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.87 M
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 60.31 Cr
  • Satisfied Charges ₹ 159.47 Cr
  • Revenue Growth **** -31.09%
  • Profit Growth **** -5668.83%
  • Ebitda **** -355.70%
  • Net Worth -20.25%
  • Total Assets -7.61%
Company report

Mycon Construction Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mycon Construction 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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Who are the key members and board of directors at Mycon Construction Limited?
Current Directors
Name Designation Appointment Date Status
Sudarshan Malpani Whole-Time Director 09 May 1989 Current
Sidhant Malpani Additional Director 29 Aug 2024 Current
Anil Kumar Malpani Managing Director 09 May 1989 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 29 Jun 2020 Past
Pramod Abcsdd Director 01 Jun 2008 Past
Pramod Abcsdd Managing Director 09 Aug 2024 Past
Pramod Abcsdd Director 01 Apr 2010 Past

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Financial Performance of Mycon Construction.

Mycon Construction Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.09% decrease. The company also saw a substantial fall in profitability, with a 5668.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.25%.

Mycon Construction revenue growth over time
Mycon Construction profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -31.09%
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Revenue from Operations
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 -31.66%
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Total Assets
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 -7.61%
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*******
Profit or Loss
*******
 -5668.83%
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Net Worth
*******
 -20.25%
*******
*******
*******
*******
EBITDA
*******
 -355.70%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mycon Construction?

In 2023, Mycon Construction had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹603,135,416.47

Satisfied Charges

₹1,594,721,431.00

Charges Breakdown by Lending Institutions
  • Others : 50.13 Cr
  • Kotak Mahindra Bank Limited : 9.18 Cr
  • The Bank Of Rajasthan Ltd. : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
12 Dec 2011 Kotak Mahindra Bank Limited ₹1.80 M Open
31 Oct 2009 The Bank Of Rajasthan Ltd. ₹1.00 Cr Open
25 Apr 2009 Kotak Mahindra Bank Limited ₹9.00 Cr Open
14 Nov 1994 Others ₹50.13 Cr Open
29 Jun 2019 Others ₹1.06 M Satisfied

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How Many Employees Work at Mycon Construction?

Mycon Construction has a workforce of 80 employees as of Apr 05, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mycon Construction, 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 Mycon Construction's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Mycon Construction
Recent Activity within the Organization
  • Charges

    A charge registered on 27 Nov 2007 via Charge ID 10076957 with Canara Bank was fully satisfied on 09 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    Mycon Construction Limited last Annual general meeting of members was held on 30 Oct 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Sidhant Malpani was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Mycon Construction Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge registered on 29 Jun 2019 via Charge ID 100276631 with Others was fully satisfied on 23 Nov 2023. was documented.

  • Charges

    Progress on A charge registered on 26 Feb 2019 via Charge ID 100243177 with Others was fully satisfied on 23 Nov 2023. was documented.

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Frequently Asked Questions
What is the CIN of Mycon Construction Limited?

The CIN of Mycon Construction Limited is U45201KA1989PLC010060.

Where is Mycon Construction Limited headquartered?

Mycon Construction Limited is headquartered at Industry House,45, Race Courseroad, Bangalore Road,, Bangalore, Karnataka, 560001.

When was Mycon Construction Limited incorporated?

Mycon Construction Limited was incorporated on 09 May 1989.

Who are the current directors of Mycon Construction Limited?

The current directors of Mycon Construction Limited are

What is the primary industry of Mycon Construction Limited?

The primary industry of Mycon Construction Limited is Construction.

Is Mycon Construction Limited a listed company?

Mycon Construction Limited is unlisted.

What is the capital structure of Mycon Construction Limited?

The authorized capital of Mycon Construction Limited is ₹3.00 Cr, and the paid-up capital is ₹9.87 M.

What is the compliance status of Mycon Construction Limited?

The compliance status of Mycon Construction Limited is Compliant.

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