

Maharashtra Ex-Servicemen Corporation Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 23 Year, 2 Days
- 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 23 years. 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
- 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
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 ![]() | 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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
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.

Charges (Loans)
₹0
₹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.

Deals i

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

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.
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 5 months 28 days .
- 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 6 months 27 days .
- Charges
A charge registered on 04 Aug 2015 via Charge ID 100388513 with Idbi Bank Limited was fully satisfied on 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.
- Balance Sheet
Maharashtra Ex-Servicemen Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Pune.
- Charges
A charge with Idbi Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100388513 was registered on 04 Aug 2015.
Frequently asked questions
What is the Incorporation or founding date of Maharashtra Ex-Servicemen Corporation Limited?
Maharashtra Ex-Servicemen Corporation Limited was incorporated on 26 Mar 2002.
What is authorized share capital and paid-up capital of Maharashtra Ex-Servicemen Corporation Limited?
The authorized share capital of Maharashtra Ex-Servicemen Corporation Limited is ₹ 15.00 Cr and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Maharashtra Ex-Servicemen Corporation Limited?
Currently 3 directors are associated with Maharashtra Ex-Servicemen Corporation Limited.
- Ravindra Vasantrao Devbhankar
- Varsha Mukund Ladda
- Chandrashekhar Dattatray Sawant
What is the registered address of Maharashtra Ex-Servicemen Corporation Limited?
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.
What is the corporate identification number (CIN) and company number of Maharashtra Ex-Servicemen Corporation Limited?
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).
What is the official website of Maharashtra Ex-Servicemen Corporation Limited?
The Official website of Maharashtra Ex-Servicemen Corporation Limited is https://www.mescoltd.co.in
What has been the recent revenue trend for Maharashtra Ex-Servicemen Corporation Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Maharashtra Ex-Servicemen Corporation Limited has risen by 14.23%.
How many employees does Maharashtra Ex-Servicemen Corporation Limited currently have?
As Per 2018 financial reports, 399 employees are currently employed by Maharashtra Ex-Servicemen Corporation Limited.
What change has been observed in the net worth of Maharashtra Ex-Servicemen Corporation Limited, and by what percentage?
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%.
When was the last Balance Sheet of Maharashtra Ex-Servicemen Corporation Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra Ex-Servicemen Corporation Limited was filed with the ROC on 31 Mar 2018.
People also Viewed
RK
Raviraj KulkarniNominee DirectorBD
Bhagatsinh DeshmukhDirectorBF
Bharat FadnisDirectorSJ
Suhas JatkarNominee DirectorSK
Suresh KhadeManaging DirectorPW
Prashant WankhadeNominee DirectorRP
Rajesh PatilManaging DirectorRG
Rajesh GaikwadManaging Director