Maharashtra Cooperative Development Corporation Limited

Provides financial services, consultancy, and training to co-operatives, FPCs, SHGs, and entrepreneurs.

2000 | Pune, Maharashtra (India) | Active
Last Updated: December 25, 2024

Maharashtra Cooperative Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 8.94 Cr
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth -30.64%
  • Profit Growth -653.45%
  • Ebitda -182.66%
  • Net Worth -44.47%
  • Total Assets -96.58%

About Maharashtra Cooperative Development Corporation

Maharashtra Cooperative Development Corporation Limited (MCDCL) is a leading Public Limited State Government Company incorporated in India on 28 August 2000 and has a history of 24 years and five months. Its registered office is in Pune, Maharashtra, India.

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 2021. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 8.94 Cr.

The company has closed loans amounting to ₹100.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anil Kawade, Dilip Patil, Gokul Rathi, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65191PN2000SGC015260

  • Company No.

    015260

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    28 Aug 2000

  • Date of AGM

    28 Mar 2022

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

Who are the key members and board of directors at Maharashtra Cooperative Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Milind Akre Country flag representing In Managing Director05-Mar-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Gokul Rathi Country flag representing In Director 07-May-2018Current
Anil Kawade Country flag representing In Director 21-Jan-2021Current
Dilip Patil Country flag representing In Additional Director 14-Jul-2023Current

Financial Performance of Maharashtra Cooperative Development Corporation.

Maharashtra Cooperative Development Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.64% decrease. The company also saw a substantial fall in profitability, with a 653.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.47%.

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
-30.64%
Revenue from Operations
-99.97%
Total Assets
-96.58%
Profit or Loss
-653.45%
Net Worth
-44.47%
EBITDA
-182.66%

What is the Ownership and Shareholding Structure of Maharashtra Cooperative Development Corporation?

In 2021, Maharashtra Cooperative Development Corporation had a promoter holding of 84.24% and a public holding of 15.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹100.00 Cr

Charges Breakdown by Lending Institutions

  • The Western India Trustecs And Executors Co. Ltd. : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2001The Western India Trustecs And Executors Co. Ltd.₹100.00 CrSatisfied

How Many Employees Work at Maharashtra Cooperative Development Corporation?

Unlock and access historical data on people associated with Maharashtra Cooperative Development Corporation, 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 Maharashtra Cooperative Development 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 Maharashtra Cooperative Development Corporation'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 Maharashtra Cooperative Development Corporation

Recent activity within the organization

  • Director Appointment

    Dilip Dattatray Walse Patil was appointed as a Additional Director was appointed as a Additional Director on 14 Jul 2023 & has been associated with this company since 1 year 6 months .

    14 Jul 2023

  • Annual General Meeting

    Maharashtra Cooperative Development Corporation Limited last Annual general meeting of members was held on 28 Mar 2022 as per latest MCA records.

    28 Mar 2022

  • Balance Sheet

    Maharashtra Cooperative Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.

    31 Mar 2021

  • Director Appointment

    Anil Mahadeo Kawade was appointed as a Director was appointed as a Director on 21 Jan 2021 & has been associated with this company since 4 years 9 days .

    21 Jan 2021

  • Charges

    A charge registered on 16 Aug 2001 via Charge ID 90088314 with The Western India Trustecs And Executors Co. Ltd. was fully satisfied on 23 Dec 2019.

    23 Dec 2019

  • Director Appointment

    Gokul Bankatlalji Rathi was appointed as a Director was appointed as a Director on 07 May 2018 & has been associated with this company since 6 years 8 months .

    07 May 2018

Frequently asked questions

  • Maharashtra Cooperative Development Corporation Limited was incorporated on 28 Aug 2000.

  • The authorized share capital of Maharashtra Cooperative Development Corporation Limited is ₹ 100.00 Cr and paid-up capital is ₹ 8.94 Cr.

  • Currently 4 directors are associated with Maharashtra Cooperative Development Corporation Limited.

    • Anil Mahadeo Kawade
    • Dilip Dattatray Walse Patil
    • Gokul Bankatlalji Rathi
    • Milind Waman Akre
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Cooperative Development Corporation Limited is Sankhar Sankool Shivajinagar N Tanajiwadi India, Pune, Maharashtra, 411005.

  • The corporate identification number (CIN) of Maharashtra Cooperative Development Corporation Limited is U65191PN2000SGC015260 and the company number is 015260 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra Cooperative Development Corporation Limited is https://www.mahamcdc.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Maharashtra Cooperative Development Corporation Limited has fallen by -30.64%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Maharashtra Cooperative Development Corporation Limited has experienced an downturn of -44.47%.

  • The most recent Balance Sheet for Maharashtra Cooperative Development Corporation Limited was filed with the ROC on 31 Mar 2021.

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