MEP Infrastructure Developers Ltd SHARE PRICE [LIVE]
BSE: INE776I01010 NSE: MEP SECTOR: Real Estate
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About MEP
Today's live share price for MEP Infrastructure Developers Ltd is NSE: ₹ 17.40, BSE: ₹ 17.40 with a current market capitalization of .
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 2,530.04 lane kilometres with an aggregate of 15 toll plazas and one BOT project covering 42.02 lane kilometres with five toll plazas.
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