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MEP Infrastructure Developers Ltd

NSE: MEP BSE: 539126

0.86

(-1.15%)

Thu, 09 Apr 2026, 00:20 am

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.

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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