Maharashtra Minerals Corporation Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.84 M
- Company Age 63 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.16 Cr
- Revenue Growth 14.69%
- Profit Growth 154.29%
- Ebitda 530.23%
- Net Worth 20.49%
- Total Assets 20.52%
About Maharashtra Minerals Corporation
Maharashtra Minerals Corporation Limited (MMCL) was founded in India on 16 September 1961 and has a glorious history of 63 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.84 M.
The company has closed loans amounting to ₹1.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Anil Newalkar, Amala Newalkar, and Ravindra Watve serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U14100MH1961PLC012124
- Company No.
012124
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1961
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Maharashtra Minerals Corporation Limited
Explore comprehensive data for Maharashtra Minerals Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maharashtra Minerals Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Newalkar  | Managing Director | 01-Jul-1981 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amala Newalkar | Whole-Time Director | 28-Aug-2000 | Current |
| Ravindra Watve | Director | 30-Sep-2022 | Current |
Financial Performance of Maharashtra Minerals Corporation.
Maharashtra Minerals Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.69% increase. The company also saw a substantial improvement in profitability, with a 154.29% increase in profit. The company's net worth Soared by an impressive increase of 20.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maharashtra Minerals Corporation?
In 2023, Maharashtra Minerals Corporation had a promoter holding of 80.70% and a public holding of 19.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Amala Newalkar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.16 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 0.80 Cr
- Asset Reconstruction Company (India) Ltd. : 0.18 Cr
- Dena Bank : 0.10 Cr
- Asset Reconstruction Company ( India) Ltd. : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 1988 | Bank Of India | ₹1.00 M | Satisfied |
| 17 Sep 1988 | Dena Bank | ₹1.00 M | Satisfied |
| 30 Oct 1987 | Bank Of India | ₹1.20 M | Satisfied |
| 28 Mar 1987 | Bank Of India | ₹1.34 M | Satisfied |
| 28 Mar 1987 | Bank Of India | ₹1.80 M | Satisfied |
How Many Employees Work at Maharashtra Minerals Corporation?
Unlock and access historical data on people associated with Maharashtra Minerals Corporation, 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 Minerals 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 Minerals 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 Minerals Corporation
Recent activity within the organization
- Annual General Meeting
Maharashtra Minerals Corporation Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Maharashtra Minerals Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ravindra Anant Watve was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 5 months .
- Charges
A charge registered on 17 Sep 1988 via Charge ID 80066845 with Dena Bank was fully satisfied on 25 Sep 2014.
- Charges
A charge registered on 30 Oct 1988 via Charge ID 80062968 with Bank Of India was fully satisfied on 22 Jul 2013.
- Charges
A charge registered on 30 Oct 1987 via Charge ID 80062967 with Bank Of India was fully satisfied on 22 Jul 2013.
Frequently asked questions
What is the Incorporation or founding date of Maharashtra Minerals Corporation Limited?
Maharashtra Minerals Corporation Limited was incorporated on 16 Sep 1961.
What is authorized share capital and paid-up capital of Maharashtra Minerals Corporation Limited?
The authorized share capital of Maharashtra Minerals Corporation Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.84 M.
Who are the current board members & directors of Maharashtra Minerals Corporation Limited?
Currently 3 directors are associated with Maharashtra Minerals Corporation Limited.
- Anil Ganesh Newalkar
- Amala Anil Newalkar
- Ravindra Anant Watve
What is the registered address of Maharashtra Minerals Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Minerals Corporation Limited is 303 304 3Rd Floor Orbit Plaza Co-Op. Soc. Ltd. New Prabhadevi Rd Nagusayajiwadi Prabh Adevi, India, Mumbai, Maharashtra, 400025.
What is the corporate identification number (CIN) and company number of Maharashtra Minerals Corporation Limited?
The corporate identification number (CIN) of Maharashtra Minerals Corporation Limited is U14100MH1961PLC012124 and the company number is 012124 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maharashtra Minerals Corporation Limited?
The Official website of Maharashtra Minerals Corporation Limited is https://www.mahamines.com
What has been the recent revenue trend for Maharashtra Minerals Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra Minerals Corporation Limited has risen by 14.69%.
What change has been observed in the net worth of Maharashtra Minerals Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra Minerals Corporation Limited has experienced an upsurge of 20.49%.
When was the last Balance Sheet of Maharashtra Minerals Corporation Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra Minerals Corporation Limited was filed with the ROC on 31 Mar 2024.
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