MEP Infrastructure Developers Ltd

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NSEBSE

15.10-0.10 (-0.66%)

03:49 PM,4th Mar 2024

15.490.38 (2.51%)

04:01 PM,4th Mar 2024

BSE : 539126

NSE : MEP

Sector : Infrastructure

ISIN Code : INE776I01010

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Last Updated: Mar 04 2024 | 04:01 PM IST

Market Cap (₹ Cr)

277

Turnover (₹ Cr)

0.04

Volume (Shares)

297225

Face Value

10

52-WK High

22.25

52-WK High Date

12 Feb 2024

52-WK Low

9.80

52-WK Low Date

10 Jul 2023

All Time High

150.00

All Time High Date

10 Jul 2017

All Time Low

9.75

All Time Low Date

09 Apr 2020

MEP Infrastructure Developers Ltd

MEP Infrastructure Developers Ltd is an integrated road infrastructure developer with a pan-India presence. It is one of the leading players in the realms of Hybrid Annuity Model (HAM) Operate-Maintain-Transfer (OMT) and toll collection projects in India. The company focuses on serving central and state road authorities across the country managing operating and maintaining their road assets. The company along with its subsidiaries has completed 135 projects across 15 states in India covering 3376 lane kms under HAM Build Operate Transfer (BOT) and OMT.MEP Infrastructure Developers Ltd was incorporated as MEP Toll Road Private Limited on August 8 2002 at Mumbai Maharashtra as a private limited company. The name of the company was changed from MEP Toll Road Private Limited to MEP Infrastructure Developers Private Limited on November 28 2011. Subsequently the name of the Company was changed from MEP Infrastructure Developers Private Limited to MEP Infrastructure Developers Limited on September 8 2014.The company commenced its business with collection of toll at the five Mumbai Entry Points in December 2002 which was undertake for a period of eight years till November 2008 pursuant to a contract with MSRDC (and subsequent extensions thereof until November 2010). Till date it has completed 120 projects with an aggregate of 222 toll plazas and 1393 lanes across 15 states in India and has 15 ongoing projects.MEP Infrastructure Developers came out with an initial public offer during the period from 21 to 23 April 2015 to raise Rs 324 crore. The IPO was priced at Rs 63 per share. During the financial year ended 31 March 2016 the company entered the projects under Hybrid Annuity Model (HAM) and won 5 road projects under the HAM.During the year ended 31 March 2017 the company bagged another project from National Highways Authority of India (NHAI) under the Hybrid Annuity Model (HAM) viz. Mahuva to Kagavadar of NH-8E from km. 100.100 to km 139.915 (design chainage from km 100.450 to km 140.470) (Package-III) in the State of Gujarat. During the year under review the company received the Appointed Date for 4 of its HAM Projects. The company retained the long term toll collection project at Bhiwandi-Kalyan-Shilphata (with 2 toll plazas) from The Maharashtra State Road Development Corporation Limited (MSRDC) in the State of Maharashtra and bagged one year tolling project at Brijghat from NHAI in the State of Uttar Pradesh.In terms of Regulation 6 (2) of The Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations 2014 (the 'InvIT Regulations') the SEBI has granted the Certificate of Registration as an Infrastructure Investment Trust to MEP Infrastructure Investment Trust (MEP InvIT).During the year ended 31 March 2018 the company bagged 4 projects under the Hybrid Annuity Model (HAM). During the year under review the company received the Appointed Date for 4 HAM Projects.In March 2018 the company successfully raised Rs 16179.57 lakh via issue of equity shares through a Qualified Institutional Placement (QIP). The company had targeted raising a base deal amount of Rs 13500 lakh with an option to upsize the deal. This option was exercised by the company as it received bids in excess of the base deal amount of Rs 13500 lakh. It closed the QIP at an issue price of Rs 77.50 per equity share including a discount of 4.90 per cent to the floor price of Rs 81.49 per equity share calculated in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2009. The issue was opened for subscription on 22 March 2018 and closed on 27 March 2018.

MEP Infrastructure Developers Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

277

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

1.16

Face Value (₹) 10
Latest Dividend (%)3.00
Latest Dividend Date 29 Aug 2019
Dividend Yield (%) -
Book Value Share (₹) [S]12.97
P/B Ratio (₹) [S]1.16
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
HDFC Balanced Advantage Fund (G) 13.34 8083148 0.02
HDFC Balanced Advantage Fund (IDCW) 13.34 8083148 0.02
HDFC Balanced Advantage Fund - Direct (IDCW) 13.34 8083148 0.02
HDFC Balanced Advantage Fund - Direct (G) 13.34 8083148 0.02

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

14.45

15.95

Week Low/High

14.45

17.00

Month Low/High

14.45

22.00

Year Low/High

9.80

22.00

All time Low/High

9.43

150.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-7.98%-7.36%1.491.28%
1 Month-5.63%-5.92%2.482.52%
3 Month17.24%17.51%7.278.31%
6 Month28.40%29.06%12.5614.73%
1 Year-11.44%-11.44%23.5127.35%
3 Year-16.11%-16.11%45.2948.57%

Company Info

Company Information

Chairman & Managing Director : Jayant D Mhaiskar

Director : Anuya J Mhaiskar

Deputy Managing Director : Murzash Manekshana

Independent Director : Khimji Pandav

Independent Director : Vijay Agarwal

Independent Director : Deepak Chitnis

Independent Director : Mira Mehrishi

Company Secretary : Harshad Pusalkar

Additional Director : Sudha D Mhaiskar

Registered Office: A 412 Boomerang, Chandivali Farm Rd Andheri(E),Mumbai,Maharashtra-400072 Ph: 91-22-61204800

Email:investorrelations@mepinfra.com

URL:http://www.mepinfra.com