Mep Infrastructure Developers Limited - Due diligence report

A 360° intelligence report on Mep Infrastructure Developers: trust score, financial health, credit view, compliance, directors, growth and d…

2002-08-08 Mumbai, Maharashtra Under Cirp Listed Active Compliant
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MI Mep Infrastructure Developers Limited
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Mep Infrastructure Developers — 360° Intelligence Report

Generated from MCA filings & public records
34/100
Trust Score
Caution Indicated

Mep Infrastructure Developers is assessed as Caution Indicated with a Trust Score of 34/100. Mep Infrastructure Developers is a public limited indian non-government company incorporated in 2002, operating in the Infrastructure and Utilities sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 29 Jun 2026 from the latest processed filings. Mep Infrastructure Developers Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
34/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 54 open (6,191.42 cr) · 36 satisfied (993.53 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others53 48.0 cr
Canara Bank3 48.0 cr
Icici Bank Limited4 48.0 cr
Idbi Bank Limited1 48.0 cr
Yes Bank Limited2 48.0 cr
Idbi Trusteeship Services Limited1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • Litigation present in 5 court forum(s).
  • 1 auditor resignation(s) filed - latest: B S R & Co. LLP on 2017-01-28.
  • Delayed payments to MSME suppliers disclosed (44 disclosure(s)).
  • 1 active GST registration(s).
Legal cases on record (5)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
JAYANT DATTATRAY MHAISKAR 01234567 Director 01/04/2018 6 yrs Approved
ANUYA JAYANT MHAISKAR 01234567 Director 01/04/2018 6 yrs Approved
SUBODH RAMCHANDRA GARUD 01234567 Director 01/04/2018 6 yrs Approved
Arvind Narayan Vinze 01234567 Director 01/04/2018 6 yrs Approved
PRAKASH DATTATRAYA NARINGREKAR 01234567 Director 01/04/2018 6 yrs Approved
ANAND ARUN DESAI 01234567 Director 01/04/2018 6 yrs Approved
NEERAJ VASANT HARDIKAR 01234567 Director 01/04/2018 6 yrs Approved
RAJENDRA VISHWANATH PAWAR 01234567 Director 01/04/2018 6 yrs Approved
Nitisha Saurabh Sohoni 01234567 Director 01/04/2018 6 yrs Approved
  • 9 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
7
Capital events
1 allotment(s) · 1 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Mep Chennai Bypass Toll Road Private Limited Subsidiary Company 74.00%
Mep Highway Solutions Private Limited Subsidiary Company 74.00%
Mep Infra Constructions Private Limited Subsidiary Company 74.00%
Mep Infraprojects Private Limited Subsidiary Company 74.00%
Mep Infrastructure Private Limited Subsidiary Company 74.00%
Mep Irdp Solapur Toll Road Private Limited Subsidiary Company 74.00%
Mep Nagzari Toll Road Private Limited Subsidiary Company 74.00%
Mep Rgsl Toll Bridge Private Limited Subsidiary Company 74.00%
Mep Roads & Bridges Private Limited Subsidiary Company 74.00%
Mep Toll & Infrastructure Private Limited Subsidiary Company 74.00%

Key managerial personnel: JAYANT DATTATRAY MHAISKAR (Managing Director) · SUBODH RAMCHANDRA GARUD (CEO) · RAJENDRA VISHWANATH PAWAR (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 20
Growth signals & trust indicators
Operating for 23+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (5/100).
54 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 97.50 Lakh.
5 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence18/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment21/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 54 open charge(s) of 6,191.42 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view26/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
09 Jan 2026
Director appointed
Nitisha Saurabh Sohoni (Company Secretary)
10 Feb 2024
Director ceased
Arvind Narayan Vinze
14 Nov 2023
Director appointed
Arvind Narayan Vinze (Director)
30 Sep 2023
Last AGM held
Annual general meeting
16 Apr 2023
Charge satisfied
The Kalyan Janata Sahakari Bank Limited
13 Apr 2023
Charge satisfied
The Kalyan Janata Sahakari Bank Limited
12 Apr 2023
Charge satisfied
Others
Charge satisfied
The Kalyan Janata Sahakari Bank Limited
31 Mar 2023
Latest balance sheet
Filed with ROC
12 Feb 2023
Director ceased
ANAND ARUN DESAI
Director ceased
DEEPAK DATTATRAYA GADGIL
Director ceased
NEERAJ VASANT HARDIKAR
14 Nov 2022
Director appointed
ANAND ARUN DESAI (Director)
Director appointed
NEERAJ VASANT HARDIKAR (Director)
Director ceased
UTTAM SADASHIV PAWAR
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
9 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Janav Constructions Private Limited U45309TN2019PTC128218 Chennai, Tamil Nadu, India
Tacon Infrastructure Private Limited U45202GJ2000PTC037924 Porbandar, Gujarat, India
Swayambhu Construction Private Limited U45200MH1993PTC072672 Nagpur, Maharashtra, India
Kache Construction (Opc) Private Limited U45500AS2020OPC020105 Diphu, Assam, India
Ceekay Associates Private Limited U29248UP1980PTC005092 Uttar Pradesh, Uttar Pradesh, India
Stoneconcern Infrastructure Development Private Limited U45400WB2007PTC116576 Kolkata, West Bengal, India
Sadbhav Una Highway U45500GJ2016PLC092589 Ahmadabad City, Gujarat, India
Prime Civil Infrastructures Private Limited U45200MH2009PTC190504 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Mep Infrastructure Developers before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mep Infrastructure Developers: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Mep Infrastructure Developers - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 34/100, distress signals and MSME payment-delay disclosures - know whether Mep Infrastructure Developers pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (5 case(s) on record), regulatory flags, charge documents trail and director networks for Mep Infrastructure Developers - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mep Infrastructure Developers an active company?

Mep Infrastructure Developers has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).

Is Mep Infrastructure Developers financially healthy?

Mep Infrastructure Developers has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Mep Infrastructure Developers?

Its overall Trust Score is 34/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mep Infrastructure Developers?

Promoters hold the largest single block of equity - exact percentages are in the full report. 9 active director(s) are on record.

Does Mep Infrastructure Developers have loans or charges against its assets?

54 open charge(s) are registered against its assets, and 36 earlier charge(s) stand satisfied.

Is Mep Infrastructure Developers up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Mep Infrastructure Developers?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.