Maha Rashtra Apex Corporation Limited logo

Maha Rashtra Apex Corporation Limited

Banking company providing leasing, hire purchase, and bill discounting services with branches in major cities.

1943 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

3 days ago

The Maharashtra Apex Bank Limited, now known as Maha Rashtra Apex Corporation Limited, is a well-known banking company. Its services include leasing, hire purchase, and bill discounting. With branches in Bangalore, Chennai, Mangalore, Kannur, New Delhi, and Mumbai, the company has a wide reach. MRACL was established in 1943 and its registered office is situated in Bangalore, Karnataka.

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNL85110KA1943PLC001177
Company No.001177
Stock Symbol BSE : 523384 NSE : BE : MAHAPEXLTD
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date26 Mar 1943
Date of AGM28 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Bangalore

Financials of Maha Rashtra Apex Corporation Limited

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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%.

Enhance accessibility to Maha Rashtra Apex Corporation's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Maha Rashtra Apex Corporation Limited

Executive Team (2)

  • aspi_katgara_396796.png
    Aspi Katgara In Managing Director

    Appointment Date: 22-Dec-2017

    Status: Current

  • JP

    Jamsheed Panday In CFO

    Appointment Date: 30-Apr-2003

    Status: Current

Board Members(5)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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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.

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Maha Rashtra Apex Corporation Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023
  • Activity

    Balance Sheet

    Maha Rashtra Apex Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Director Appointment

    Yazdin Jimmy Mistry was appointed as a Director was appointed as a Director on 20 Oct 2020 & has been associated with this company since 3 years 6 months .

    20 Oct 2020
  • Activity

    Director Appointment

    Aspi Nariman Katgara was appointed as a Managing Director was appointed as a Managing Director on 22 Dec 2017 & has been associated with this company since 6 years 4 months .

    22 Dec 2017
  • Activity

    Director Appointment

    Jyothi Vishweshwaraiah Bhadravathi was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 1 month .

    31 Mar 2015

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Maha Rashtra Apex Corporation Limited?

Maha Rashtra Apex Corporation Limited was incorporated 81 years 1 month ago on 26 Mar 1943 with Registrar of Companies Roc Bangalore.

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