Maasheetla Ventures Limited

Founded in 2003 and headquartered in Uttarakhand, India.

2003 | Nainital, Uttarakhand (India) | Active
Last Updated: November 15, 2024

Maasheetla Ventures Profile

Key Indicators

  • Authorised Capital ₹ 44.00 Cr
  • Paid Up Capital ₹ 34.71 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 371.75 Cr
  • Satisfied Charges ₹ 85.20 Cr
  • Revenue Growth 8.09%
  • Profit Growth 107.92%
  • Ebitda 50.79%
  • Net Worth 21.01%
  • Total Assets 62.34%

About Maasheetla Ventures

Maasheetla Ventures Limited (MVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 2003 and has a history of 21 years and three months. Its registered office is in Nainital, Uttarakhand, India.

The Corporate was formerly known as Btc Industries Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 44.00 Cr and a paid-up capital of Rs 34.71 Cr.

The company currently has active open charges totaling ₹371.75 Cr. The company has closed loans amounting to ₹85.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maasheetla Ventures Limited India are Neha Agarwal as COMPANY SECRETARY and Govind Koranga as Cfo. Tushar Agarwal, Sakshi Agarwal, Yasoda Agarwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Nainital, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U10612UR2003PLC028002

  • Company No.

    028002

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Metals and Minerals

Who are the key members and board of directors at Maasheetla Ventures?

Executive Team (3)

NameDesignationAppointment DateStatus
Neha Agarwal Country flag representing In Company Secretary28-Dec-2019Current
Govind Koranga Country flag representing In CFO09-Jun-2015Current
Navneet Agarwal Country flag representing In Managing Director21-Oct-2003Current

Board Members (7)

NameDesignationAppointment DateStatus
Tushar Agarwal Country flag representing In Whole-Time Director 21-Oct-2003Current
Sakshi Agarwal Country flag representing In Director 20-Mar-2021Current
Yasoda Agarwal Country flag representing In Director 06-Feb-2023Current
Ishan Baveja Country flag representing In Director 16-Dec-2021Current
Bhanu Singh Country flag representing In Additional Director 25-Sep-2024Current
Shikha Agarwal Country flag representing In Director 20-Mar-2021Current

Financial Performance of Maasheetla Ventures.

Maasheetla Ventures Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.09% increase. The company also saw a substantial improvement in profitability, with a 107.92% increase in profit. The company's net worth Soared by an impressive increase of 21.01%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.09%
Revenue from Operations
8.09%
Total Assets
62.34%
Profit or Loss
107.92%
Net Worth
21.01%
EBITDA
50.79%

What is the Ownership and Shareholding Structure of Maasheetla Ventures?

In 2023, Maasheetla Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹371.75 Cr

Satisfied Charges

₹85.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 235.00 Cr
  • Indian Bank : 115.40 Cr
  • Indian Overseas Bank : 21.35 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Others₹25.00 CrOpen
30 Jul 2023Indian Bank₹93.00 CrOpen
27 Mar 2023Indian Bank₹22.40 CrOpen
28 Feb 2023Others₹210.00 CrOpen
20 May 2014Indian Overseas Bank₹21.35 CrOpen

How Many Employees Work at Maasheetla Ventures?

Unlock and access historical data on people associated with Maasheetla Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maasheetla Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maasheetla Ventures's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maasheetla Ventures

Recent activity within the organization

  • Director Appointment

    Bhanu Pratap Singh was appointed as a Additional Director was appointed as a Additional Director on 25 Sep 2024 & has been associated with this company since 4 months 7 days .

    25 Sep 2024

  • Director Appointment

    Anuradha Singh was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 4 months 23 days .

    09 Sep 2024

  • Charges

    A charge with Others of Rs. 210.00 Cr registered on 28 Feb 2023 with Charge ID 100687863 was modified on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge registered on 04 Dec 2008 via Charge ID 10136480 with State Bank Of India was fully satisfied on 06 Jan 2024.

    06 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100860836 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Maasheetla Ventures Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Maasheetla Ventures Limited was incorporated on 21 Oct 2003.

  • The authorized share capital of Maasheetla Ventures Limited is ₹ 44.00 Cr and paid-up capital is ₹ 34.71 Cr.

  • Currently 10 directors are associated with Maasheetla Ventures Limited.

    • Tushar Agarwal
    • Sakshi Agarwal
    • Yasoda Nandan Agarwal
    • Ishan Baveja
    • Bhanu Pratap Singh
    • Shikha Agarwal
    • Anuradha Singh
    • Neha Agarwal
    • Govind Singh Koranga
    • Navneet Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maasheetla Ventures Limited is Plot No. 572A Maa Sheetla Tower Adjacent To Volkswagaon Showroom Rampur Road, India, Haldwani, Uttarakhand, 263139.

  • The corporate identification number (CIN) of Maasheetla Ventures Limited is U10612UR2003PLC028002 and the company number is 028002 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maasheetla Ventures Limited is https://www.btcil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maasheetla Ventures Limited has risen by 8.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maasheetla Ventures Limited has experienced an upsurge of 21.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maasheetla Ventures Limited amount to ₹ 371.75 Cr.

  • The most recent Balance Sheet for Maasheetla Ventures Limited was filed with the ROC on 31 Mar 2023.

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