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MEP Infrastructure Developers Ltd.

BSE: 539126 Sector: Infrastructure
NSE: MEP ISIN Code: INE776I01010
BSE 00:00 | 22 Oct 41.55 -1.35
(-3.15%)
OPEN

43.00

HIGH

43.75

LOW

40.90

NSE 00:00 | 22 Oct 41.30 -1.75
(-4.07%)
OPEN

43.20

HIGH

43.60

LOW

40.90

OPEN 43.00
PREVIOUS CLOSE 42.90
VOLUME 224420
52-Week high 117.70
52-Week low 40.90
P/E 15.16
Mkt Cap.(Rs cr) 762
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 43.00
CLOSE 42.90
VOLUME 224420
52-Week high 117.70
52-Week low 40.90
P/E 15.16
Mkt Cap.(Rs cr) 762
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

MEP Infrastructure Developers Ltd. (MEP) - Company History

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.MEP is an established and leading player in tolling operations in the road infrastructure sector with a pan-India presence. It focus on pure toll collection projects as well as OMT projects which involve maintenance obligations in addition to toll collection on operational roads (including highways) constructed by third parties. According to the report on Assessment of Operate-Maintain-Transfer (OMT) and Toll Collection market for Road Projects in India dated June 2014 by CRISIL Research (the CRISIL Report) it is the leading player in OMT as well as toll collection in India based on the number of projects operated and quality of project stretches.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 68 projects with an aggregate of 122 toll plazas and 783 lanes and have an overall experience of over 12 years in this business across 12 states in India.MEP currently operates 23 toll collection projects with an aggregate of 40 toll plazas five OMT projects covering 2530.04 lane kilometres with an aggregate of 15 toll plazas and one BOT project covering 42.02 lane kilometres with five toll plazas.