Maha Rashtra Apex Corporation Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 14.41 Cr
- Company Age 81 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 15.96%
- Profit Growth 0.66%
- Ebitda -1305.84%
- Net Worth -26.66%
- Total Assets -20.31%
About Maha Rashtra Apex Corporation
Maha Rashtra Apex Corporation Limited (MRACL) was founded in India on 26 March 1943 and has a glorious history of 81 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523384 and on the National Stock Exchange(NSE) under BE : MAHAPEXLTD.
The Corporate was formerly known as The Maharashtra Apex Bank Limited. The Company is engaged in the Financial Services 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 40.00 Cr and a paid-up capital of Rs 14.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maha Rashtra Apex Corporation Limited India is Jamsheed Panday as CFO. Kudi Shetty, Nagarajan Sivaramakrishnan, Vidya More, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L85110KA1943PLC001177
- Company No.
001177
- Stock Symbol
BSE : 523384 NSE : BE : MAHAPEXLTD
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Mar 1943
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Maha Rashtra Apex Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aspi Katgara  | Managing Director | 22-Dec-2017 | Current |
| Jamsheed Panday | CFO | 30-Apr-2003 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yazdin Mistry | Director | 20-Oct-2020 | Current |
| Nagarajan Sivaramakrishnan | Director | 11-Jun-2024 | Current |
| Kudi Shetty | Director | 10-Jul-2006 | Current |
| Vidya More | Director | 23-Mar-2022 | Current |
| Jyothi Bhadravathi | Director | 31-Mar-2015 | Current |
Financial Performance of Maha Rashtra Apex Corporation.
Maha Rashtra Apex Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.96% increase. The company also saw a slight improvement in profitability, with a 0.66% increase in profit. The company's net worth observed a substantial decline by a decrease of 26.66%.
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What is the Ownership and Shareholding Structure of Maha Rashtra Apex Corporation?
In 2022, Maha Rashtra Apex Corporation had a promoter holding of 62.54% and a public holding of 37.47%. The company had 3 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gromax Agri Equipment LimitedNagarajan Sivaramakrishnan is a mutual person
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Manipal Ventures LlpAspi Katgara is a mutual person
Polo Queen Industrial And Fintech LimitedAspi Katgara is a mutual person
Alpasara Finvest Care Advisory Private LimitedYazdin Mistry is a mutual person
Swaraj Engines LtdNagarajan Sivaramakrishnan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Maha Rashtra Apex Corporation?
Maha Rashtra Apex Corporation has a workforce of 10 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Maha Rashtra Apex Corporation, 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 Maha Rashtra Apex Corporation's trajectory.
Rating
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
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.
