Tipl Jmmipl (JV) Private Limited
About Tipl Jmmipl (JV) Private Limited
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Tipl Jmmipl (JV) Private Limited is a private limited company based in Panvel, Maharashtra, India, a subsidiary of Thakur Infra Projects Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45500MH2017PTC295253. Its GSTIN is 27AAGCT2707A1ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Chetan Janardan Mhatre and Karuturi Dhananjayudu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No. 5 6 7 7A & 8 Ground Floor Om Sadanika Old Panvel Uran Road, Maharashtra, India – 410206.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.97 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹6.45 Cr (net margin -30.8%) and EBITDA of -₹6.34 Cr (EBITDA margin -30.2%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 38% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tipl Jmmipl (JV) Private Limited's registered office is in Panvel, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 5 6 7 7A & 8 Ground Floor Om Sadanika Old Panvel Uran Road, Maharashtra, India – 410206
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Tipl Jmmipl (JV) Private 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
Business activity
The main business activity of Tipl Jmmipl (JV) is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Tipl Jmmipl (JV) Private Limited, buy the company report.
Financials of Tipl Jmmipl (JV) Private Limited
FY 2025 filings availableTipl Jmmipl (JV) Private Limited reported revenue of ₹20.97 Cr (down 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 63% fall in the latest year. EBITDA fell 341% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹6.34 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹6.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.2% | ||||
| Net Profit Margin | -30.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tipl Jmmipl (JV) Private Limited, buy the company report.
Board of directors of Tipl Jmmipl (JV) Private Limited
Tipl Jmmipl (JV) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Janardan Mhatre Also directs: JMM Infra Projects Private Limited, J M Mhatre Infra Private Limited, Thakur Mhatre Kharpatil Private Limited and 3 more | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
| Karuturi Dhananjayudu Also directs: Thakur Mhatre Kharpatil Private Limited, Kolhapur Ratnagiri Highways Private Limited, Mhatre Thakur (JV) Private Limited and 2 more | Director | 01 Apr 2018 | 8 Years 7 Months | Current |
| Bharani Kumar Challagulla Also directs: Thakur Mhatre Kharpatil Private Limited, Kolhapur Ratnagiri Highways Private Limited, Mhatre Thakur (JV) Private Limited and 1 more | Director | 23 May 2017 | 9 Years 5 Months | Current |
| Sachin Janardhan Mhatre Also directs: JMM Infra Projects Private Limited, J M Mhatre Infra Private Limited, Thakur Mhatre Kharpatil Private Limited and 3 more | Director | 01 Apr 2018 | 8 Years 7 Months | Current |
Auditor
Tipl Jmmipl (JV) Private Limited is audited by E A Patil & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E A Patil & Associates | FY 2023 | 117371W/W100092 |
Shareholding
The shareholding of Tipl Jmmipl (JV) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tipl Jmmipl (JV) Private Limited, buy the company report.
Legal cases
Tipl Jmmipl (JV) Private Limited has 2 court cases on record: 2 filed by Tipl Jmmipl (JV). 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India Through the Revenue Secretary ) Ministry of Finance Department of Revenue and Ors | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr | Disposed |
To see the full case history of Tipl Jmmipl (JV) Private 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.
MSME payment delays
Tipl Jmmipl (JV) Private Limited has 2 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Saitech Instruments Private Limited |
To see the full MSME payment records of Tipl Jmmipl (JV) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tipl Jmmipl (JV) Private Limited has a workforce of 38 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Tipl Jmmipl (JV) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT2707A1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tipl Jmmipl (JV) Private Limited, buy the company report.
Recent activity
Tipl Jmmipl (JV) Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Chetan Janardan Mhatre ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Tipl Jmmipl (JV) is an active private limited company based in Panvel, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 May 2017 (9+ years old) and is registered under CIN U45500MH2017PTC295253.
Tipl Jmmipl (JV) has 4 current directors:
- Chetan Janardan Mhatre - Director
- Karuturi Dhananjayudu - Director
- Bharani Kumar Challagulla - Director
- Sachin Janardhan Mhatre - Director
The latest financial statements of Tipl Jmmipl (JV) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Tipl Jmmipl (JV) is 27AAGCT2707A1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tipl Jmmipl (JV) is U45500MH2017PTC295253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tipl Jmmipl (JV) has 2 court cases on record: 2 filed by the company. 1 is pending.
Tipl Jmmipl (JV) was incorporated on 23 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Janardan Mhatre ceased to be Additional Director on 30 Sep 2022. Chetan Janardan Mhatre was appointed as Director on 31 Mar 2022. Sunil Dagadu Mhaskar ceased to be Director on 31 Mar 2022. Tipl Jmmipl (JV) has 8 board changes on record in total.
Tipl Jmmipl (JV) has 2 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 04 May 2022.
The registered office of Tipl Jmmipl (JV) is at Shop No. 5 6 7 7A & 8 Ground Floor Om Sadanika Old Panvel Uran Road, Maharashtra, India – 410206.
Tipl Jmmipl (JV) operates in the infrastructure and utilities industry, in the general construction services segment.
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