Maharashtra Insectcides Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 40 Year, 8 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 9.30 Cr
- Revenue Growth 48.35%
- Profit Growth 93.38%
- Ebitda 105.04%
- Net Worth 18.24%
- Total Assets 3.45%
About Maharashtra Insectcides
Maharashtra Insectcides Limited (MIL) is a leading Private Limited State Government Company incorporated in India on 10 May 1984 and has a history of 40 years and eight months. Its registered office is in Akola, Maharashtra, India.
The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company has closed loans amounting to ₹9.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sujit Sonavane, Vijay Patharkar, Pravin Deshmukh, and Two other members serve as directors at the Company.
Company Details
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Location
Akola, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24210MH1984SGC032856
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Company No.
032856
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Company Classification
Private Limited State Government Company
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Incorporation Date
10 May 1984
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Date of AGM
13 Feb 2024
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharashtra Insectcides?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sujit Sonavane
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Nominee Director | 29-Jan-2020 | Current |
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Vijay Patharkar
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Nominee Director | 31-Jul-2019 | Current |
| Pravin Deshmukh | Nominee Director | 06-Apr-2023 | Current |
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Mangesh Gondavale
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Nominee Director | 31-Aug-2023 | Current |
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Ganesh Patil
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Nominee Director | 22-Feb-2019 | Current |
Financial Performance of Maharashtra Insectcides.
Maharashtra Insectcides Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 48.35% increase. The company also saw a substantial improvement in profitability, with a 93.38% increase in profit. The company's net worth Soared by an impressive increase of 18.24%.
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What is the Ownership and Shareholding Structure of Maharashtra Insectcides?
In 2022, Maharashtra Insectcides had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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The Maharashtra Agro Industries Development Corporation LimitedMangesh Gondavale is a mutual person
Charges (Loans)
₹0
₹9.30 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.80 Cr
- Syndicate Bank : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 1999 | Syndicate Bank | ₹4.50 Cr | Satisfied |
| 13 Dec 1989 | State Bank Of India | ₹4.80 Cr | Satisfied |
How Many Employees Work at Maharashtra Insectcides?
Unlock and access historical data on people associated with Maharashtra Insectcides, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Maharashtra Insectcides, 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 Insectcides'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.
