Mayasheel Ventures Limited was originally formed as a Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of ‘Mayasheel Construction’ pursuant to Deed of Partnership dated May 01, 2008. Mayasheel Construction was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of ‘Mayasheel Ventures Limited’ and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated May 30, 2024.
Mayasheel Ventures is involved in the business of construction of Roads and Highways for NHIDCL (National Highways and Infrastructure Development Corporation) and other Government Departments. The company transacts the business to construct, build, alter, convert, improve, design, establish, develop, dismantle, reconstruct all types of technically complex constructions and high value projects like Express ways, National Highways, Flyovers, Bridges.
The company is a ‘Class A’ government contractor issued by Uttar Pradesh Public Works Department (U.P.P.W.D.), which means it is qualified to take on large-scale and complex infrastructure projects. Its certification allows it to bid on high-value government contracts and execute them efficiently, ensuring compliance with regulatory standards. As a 'Class A' contractor, it has demonstrated the expertise, financial capability, and technical resources necessary to handle a wide range of projects, from road construction and highways to electrical works and large-scale civil engineering tasks.
Further, the company has also been involved in various electrical works, including the construction of electrical power houses, installation of streetlights, and development of transmission lines. Though the company has not generated any amount of revenue from these projects in three preceding financial years. However, it is actively seeking new opportunities or feasible assignments in this segment also.
Business area of the company
The company is engaged in business of contractors, sub-contractors, quasi contractors and to undertake contracts and subcontracts relating to construction, modification, renovation, repairing, alteration, construction, removal, redecoration, redesigning, enlarging, improving such as technically complex and high value projects like Express ways, National Highways, Flyovers, Bridges, Roads, etc.
History and milestones
- 2008: Created the partnership ‘Mayasheel Construction’ for the Construction business.
- 2011: The company completed the project Rs 31.11 crore in Civil (Rs 24.11 crore) and Electrical (Rs 6.99 crore) Projects in Local bodies departments. (Noida/Gr. Noida/GDA)
- 2014: Completed the project Rs 51.30 crore in Civil (Rs 43.82 crore) and Electrical (Rs 7.48 crore) Projects in Local bodies departments. (Noida/GDA)
- 2015: Completed the project Rs 29.76 crore in Civil (Rs 27.10 crore) and Electrical (Rs 2.66 crore) Projects in Local bodies and State Govt. departments. (HPDA/Gr. Noida/GDA/Irrigation UK).
- 2016: It has completed the project Rs 57.79 crore in Civil (Rs 4.71 crore) and Electrical (Rs 53.08 crore) Projects in Local bodies and State Govt./Central Govt. departments. (Noida/UPAVP/HPDA/PVVNL/PWD UK).
- 2019: Completed the project Rs 100.65 crore in Civil (Rs 87.72 crore) and Electrical (Rs 12.93 crore) Projects in Local bodies and State Govt./Central Govt. departments. (PVVNL/UP PWD).
- 2020: Completed the project Rs 34.69 crore in Civil (Rs 34.69 crore) in State Govt. and awarded the project Rs 114.51 Crore in Central Govt. departments. (UP PWD/NHIDCL)
- 2021: Completed the project Rs 43.38 crore in Civil (Rs 43.38 crore) in State Govt./Central Govt. departments. (UP PWD)
- 2022: Company completed the project Rs 21.32 crore in Civil (Rs 21.32 crore) in Central Govt. departments. (NH PWD, Arunachal Pradesh)
- 2023: Company completed the project Rs 185.91 crore in Civil (Rs 185.91 crore) and awarded the project Rs 323.78 crore by Central Govt. departments. (NHIDCL)
- 2024: Incorporation of Company (Conversion of Partnership Firm to Public Limited Company) and has work in hand Rs 347.38 crore up to July 31, 2024.