MEP Infrastructure Developers Ltd
NSE: MEP BSE: 539126
₹0.86
(-1.15%)
Thu, 09 Apr 2026, 00:20 am
Market Cap161.43M
PE Ratio0
Dividend0
Company History
2002
- The Company was incorporated as MEP Toll Road Private Limited.
- Ideal Road Builders Private Limited was allotted 990,000 Equity Shares pursuant to which the Company became a subsidiary of Ideal Road Builders Private Limited.
- We started collection of toll at the Mumbai Entry Points.
2006
- 891,000 Equity Shares held by Ideal Road Builders Private Limited were transferred to Jayant D. Mhaiskar.
2009
- We started collection of toll for the Rajiv Gandhi Sea Link project.
2010
- We were awarded a toll collection contract in Rajasthan by RIDCOR for a period of five years.
- We obtained securitization of ` 21,000 million for the Mumbai Entry Points Project.
- Our Company started toll collection pursuant to contracts with NHAI across multiple states in India.
2011
- The name of our Company was changed from MEP Toll Road Private Limited to MEP Infrastructure Developers Private Limited.
- A fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Mumbai, to the Company.
- We acquired BTPL having a BOT project in Maharashtra for a consideration of ` 10.1 million.
2012
- MEP – IEPL consortium received award of the OMT project from NHAI, being the Hyderabad – Bangalore Project.
- We were awarded our first project by NHAI in Rajasthan for toll collection at the Paduna Toll Plaza.
- We launched Electronic Toll Collection at the Rajiv Gandhi Sea Link.
2013
- We entered into a concession agreement with NHAI for the Chennai Bypass Project.
- We entered into a concession agreement with NHAI for the Madurai – Kanyakumari Project in Tamil Nadu.
- We were awarded the Vidyasagar Setu Project by HRBC.
2014
- The name of the Company was changed from MEP Infrastructure Developers Private Limited to MEP Infrastructure Developers Limited.
- The company was issued a fresh certificate of incorporation consequent upon change of name.
- We were awarded the OMT project for maintenance of, and collection of toll at the toll plaza at Bandra for, the Rajiv Gandhi Sea Link in Mumbai, Maharashtra by MSRDC.
2016
- MEP Infra gets toll collection rights for Athur toll plaza.
- MEP Infra gets toll collection rights for Pundag toll plaza.
- MEP Infra gets LoA from NHAI.
- MEP Infra wins contracts worth Rs 1,762 crores under hybrid model.
- MEP Infra bags road project from NHAI in Gujarat.
- MEP Infra bags LOA for collection project.
- MEP Infra bags new road project from MSRDC.
2017
- MEP Infra bags LOA for toll collection from SDMC.
2018
- MEP Infra bags LoA from NHAI for road project.
- MEP Infra achieves milestone one for Nagpur Ring Road.
2021
- MEP Infrastructure Developers received a contract from NHAI.
2022
- The company issued rights shares of Rs. 1 in the ratio of 23:1 at a premium of Rs. 2 per share.
- The Company name has changed to Mercury Ev-Tech Ltd. from MEP Infrastructure Developers Limited.
2023
- The Company Board of directors has approved the amalgamation of Ev Nest Private Limited with Mercury Ev-Tech Limited.
Open Your Free Demat Account Now!
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800