Maharashtra Ex-Servicemen Corporation Limited

Employs retired personnel and offers security services and trainings.

2002 | Pune, Maharashtra (India) | Active
Last Updated: January 10, 2025

Maharashtra Ex-Servicemen Corporation Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 14.23%
  • Profit Growth 22.96%
  • Ebitda 77.67%
  • Net Worth 9.93%
  • Total Assets 8.14%

About Maharashtra Ex-Servicemen Corporation

Maharashtra Ex-Servicemen Corporation Limited (MECL) is a leading Public Limited State Government Company incorporated in India on 26 March 2002 and has a history of 22 years and ten months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹7.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ravindra Devbhankar, Varsha Ladda, and Chandrashekhar Sawant serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mescoltd.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U75112PN2002SGC016845

  • Company No.

    016845

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    26 Mar 2002

  • Date of AGM

    23 Nov 2021

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Business Services
Education

Who are the key members and board of directors at Maharashtra Ex-Servicemen Corporation?

Executive Team (1)

Name Designation Appointment Date Status
Varsha Ladda Managing Director 31-Aug-2024 Current

Board Members (2)

Name Designation Appointment Date Status
Ravindra Devbhankar Additional Director 29-Sep-2024 Current
Chandrashekhar Sawant Country flag representing In Director 16-Sep-2011 Current

Financial Performance of Maharashtra Ex-Servicemen Corporation.

Maharashtra Ex-Servicemen Corporation Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 14.23% increase. The company also saw a substantial improvement in profitability, with a 22.96% increase in profit. The company's net worth moved up by a moderate rise of 9.93%.

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
14.23%
Revenue from Operations
14.68%
Total Assets
8.14%
Profit or Loss
22.96%
Net Worth
9.93%
EBITDA
77.67%

What is the Ownership and Shareholding Structure of Maharashtra Ex-Servicemen Corporation?

In 2018, Maharashtra Ex-Servicemen Corporation 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

₹0

Satisfied Charges

₹7.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
04 Aug 2015 Idbi Bank Limited ₹7.00 Cr Satisfied

How Many Employees Work at Maharashtra Ex-Servicemen Corporation?

Maharashtra Ex-Servicemen Corporation has a workforce of 399 employees as of Oct 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Ex-Servicemen 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 Ex-Servicemen 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 Ex-Servicemen Corporation

Recent activity within the organization

  • Director Appointment

    Ravindra Vasantrao Devbhankar was appointed as a Additional Director was appointed as a Additional Director on 29 Sep 2024 & has been associated with this company since 4 months 16 days .

    29 Sep 2024

  • Director Appointment

    Varsha Mukund Ladda was appointed as a Managing Director was appointed as a Managing Director on 31 Aug 2024 & has been associated with this company since 5 months 14 days .

    31 Aug 2024

  • Charges

    A charge registered on 04 Aug 2015 via Charge ID 100388513 with Idbi Bank Limited was fully satisfied on 15 Nov 2022.

    15 Nov 2022

  • Annual General Meeting

    Maharashtra Ex-Servicemen Corporation Limited last Annual general meeting of members was held on 23 Nov 2021 as per latest MCA records.

    23 Nov 2021

  • Balance Sheet

    Maharashtra Ex-Servicemen Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Pune.

    31 Mar 2018

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100388513 was registered on 04 Aug 2015.

    04 Aug 2015

Frequently asked questions

  • Maharashtra Ex-Servicemen Corporation Limited was incorporated on 26 Mar 2002.

  • The authorized share capital of Maharashtra Ex-Servicemen Corporation Limited is ₹ 15.00 Cr and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Maharashtra Ex-Servicemen Corporation Limited.

    • Ravindra Vasantrao Devbhankar
    • Varsha Mukund Ladda
    • Chandrashekhar Dattatray Sawant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Ex-Servicemen Corporation Limited is Raigad Opp National Warmemorial Ghorpadi India, Pune, Maharashtra, 411001.

  • The corporate identification number (CIN) of Maharashtra Ex-Servicemen Corporation Limited is U75112PN2002SGC016845 and the company number is 016845 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra Ex-Servicemen Corporation Limited is https://www.mescoltd.co.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Maharashtra Ex-Servicemen Corporation Limited has risen by 14.23%.

  • As Per 2018 financial reports, 399 employees are currently employed by Maharashtra Ex-Servicemen Corporation Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Maharashtra Ex-Servicemen Corporation Limited has experienced an upsurge of 9.93%.

  • The most recent Balance Sheet for Maharashtra Ex-Servicemen Corporation Limited was filed with the ROC on 31 Mar 2018.

People also Viewed

Similar Companies Based on Corporate Training & Development