Maharashtra Natural Gas Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 100.00 Cr
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,936.00 Cr
- Satisfied Charges ₹ 849.00 Cr
- Revenue Growth 73.09%
- Profit Growth 92.29%
- Ebitda 63.83%
- Net Worth 33.03%
- Total Assets 28.54%
About Maharashtra Natural Gas
Maharashtra Natural Gas Limited (MNGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 January 2006 and has a history of 19 years and four months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Energy And Power 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 100.00 Cr and a paid-up capital of Rs 100.00 Cr.
The company currently has active open charges totaling ₹3,936.00 Cr. The company has closed loans amounting to ₹849.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maharashtra Natural Gas Limited India are Shreya Prabhudesai as COMPANY SECRETARY and Sarathy as Cfo. Bageshree Manthalkar, Kamal Chatiwal, Rajeev Singhal, and Three other members 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
U11102PN2006PLC021839
- Company No.
021839
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Jan 2006
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Energy and Power
What products or services does Maharashtra Natural Gas Limited offer?
Maharashtra Natural Gas Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Gas Valves, LPG Kits, LPG Conversion Kit, Liquefied Natural Gas, Compressed Natural Gas, CNG Kit, CNG Sequential Injection Kit, Auto Rickshaw, Bajaj Auto Rickshaw.
Maharashtra Natural Gas Limited
Explore comprehensive data for Maharashtra Natural Gas Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maharashtra Natural Gas?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shreya Prabhudesai  | Company Secretary | 17-Dec-2018 | Current |
| Sarathy | CFO | 21-May-2021 | Current |
| Kumar Shanker | Managing Director | 23-Feb-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamal Chatiwal | Nominee Director | 19-Jun-2023 | Current |
| Bageshree Manthalkar | Director | 19-Mar-2021 | Current |
| Rajeev Singhal | Additional Director | 08-Nov-2024 | Current |
| Mohit Bhatia | Nominee Director | 03-May-2024 | Current |
| Shankar Karajagi | Whole-Time Director | 01-Aug-2024 | Current |
Financial Performance of Maharashtra Natural Gas.
Maharashtra Natural Gas Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 73.09% increase. The company also saw a substantial improvement in profitability, with a 92.29% increase in profit. The company's net worth Soared by an impressive increase of 33.03%.
- 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 Natural Gas?
In 2022, Maharashtra Natural Gas had a promoter holding of 45.00% and a public holding of 55.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gail (India) LimitedRajeev Singhal is a mutual person
Indraprastha Gas LimitedKamal Chatiwal and Mohit Bhatia are mutual person
Ayushglobal Medicare LlpBageshree Manthalkar is a mutual person
- Coal Gas India Limited
Rajeev Singhal is a mutual person
Charges (Loans)
Open Charges
₹3,936.00 Cr
Satisfied Charges
₹849.00 Cr
Charges Breakdown by Lending Institutions
- Others : 3920.00 Cr
- State Bank Of India : 15.00 Cr
- Axis Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2023 | Others | ₹2,780.00 Cr | Open |
| 29 Jul 2021 | Axis Bank Limited | ₹1.00 Cr | Open |
| 25 Sep 2020 | Others | ₹1,115.00 Cr | Open |
| 18 Sep 2020 | Others | ₹25.00 Cr | Open |
| 08 Mar 2016 | State Bank Of India | ₹15.00 Cr | Open |
How Many Employees Work at Maharashtra Natural Gas?
Maharashtra Natural Gas has a workforce of 176 employees as of Apr 04, 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 Natural Gas, 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 Natural Gas'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 Natural Gas
Recent activity within the organization
- Director Appointment
Rajeev Kumar Singhal was appointed as a Additional Director was appointed as a Additional Director on 08 Nov 2024 & has been associated with this company since 6 months 15 days .
- Annual General Meeting
Maharashtra Natural Gas Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Director Appointment
Shankar Nagappa Karajagi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2024 & has been associated with this company since 9 months 22 days .
- Director Appointment
Mohit Bhatia was appointed as a Nominee Director was appointed as a Nominee Director on 03 May 2024 & has been associated with this company since 1 year 20 days .
- Balance Sheet
Maharashtra Natural Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with State Bank Of India of Rs. 15.00 Cr registered on 08 Mar 2016 with Charge ID 100047950 was modified on 27 Dec 2023.
Recent News, Updates & Announcement
- Maharashtra: More stations soon to refill CNG vehicles.
Maharashtra Natural Gas Limited (MNGL) officials on Friday said 12 more pumps in Pune and Pimpri Chinchwad were expected to soon start dispensing the compressed natural gas (CNG)..
- Maharashtra: MNGL seeks vacant spaces for setting up CNG refilling stations.
The gas supplier plans to set up about 10 more stations in the next five months. Pune and Pimpri Chinchwad require about 75 refilling stations to cater to the daily demand of CNG-run vehicles.
- Maharashtra Natural Gas Ltd to invest Rs 1,600 crore in Nashik to supply CNG.
The state-owned PSU has won the bids to supply compressed natural gas (CNG) for vehicles and piped natural gas (PNG) for domestic purpose in Nashik, Dhule and Sindhdurg districts.
Frequently asked questions
What is the Incorporation or founding date of Maharashtra Natural Gas Limited?
Maharashtra Natural Gas Limited was incorporated on 13 Jan 2006.
What is authorized share capital and paid-up capital of Maharashtra Natural Gas Limited?
The authorized share capital of Maharashtra Natural Gas Limited is ₹ 100.00 Cr and paid-up capital is ₹ 100.00 Cr.
Who are the current board members & directors of Maharashtra Natural Gas Limited?
Currently 8 directors are associated with Maharashtra Natural Gas Limited.
- Bageshree Milind Manthalkar
- Kamal Kishore Chatiwal
- Rajeev Kumar Singhal
- Mohit Bhatia
- Shankar Nagappa Karajagi
- Shreya Anant Prabhudesai
- Sarathy
- Kumar Shanker
What is the registered address of Maharashtra Natural Gas Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Natural Gas Limited is Plot No 27 Narveer Tanaji Wadi Pmt Bus Depot Commercial Building First Floor, Shivaj I Nagar India, Pune, Maharashtra, 411005.
What is the corporate identification number (CIN) and company number of Maharashtra Natural Gas Limited?
The corporate identification number (CIN) of Maharashtra Natural Gas Limited is U11102PN2006PLC021839 and the company number is 021839 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maharashtra Natural Gas Limited?
The Official website of Maharashtra Natural Gas Limited is https://www.mngl.in
What has been the recent revenue trend for Maharashtra Natural Gas Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Maharashtra Natural Gas Limited has risen by 73.09%.
How many employees does Maharashtra Natural Gas Limited currently have?
As Per 2022 financial reports, 176 employees are currently employed by Maharashtra Natural Gas Limited.
What change has been observed in the net worth of Maharashtra Natural Gas Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Maharashtra Natural Gas Limited has experienced an upsurge of 33.03%.
What are the total open charges for Maharashtra Natural Gas Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Maharashtra Natural Gas Limited amount to ₹ 3,936.00 Cr.
When was the last Balance Sheet of Maharashtra Natural Gas Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra Natural Gas Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Vinod GiriNominee Director
Vinayshil GautamAdditional Director
Vandana ChananaNominee Director
Sanjay KumarNominee Director
Nilmoni BhaktaNominee Director
Krishna GangadharanNominee Director
Deepak SawantManaging Director
Deepak GuptaNominee Director
Similar Companies Based on Oil & Gas Distribution & Transmission
- Gail (India) Limited Delhi, India
Adani Total Gas Limited Gandhi Nagar, Gujarat, India
Petronet Lng Limited New Delhi, India
Shell Energy India Private Limited Ahmedabad, Gujarat, India
Gujarat State Petroleum Corporation Limited Gandhi Nagar, Gujarat, India
Aegis Logistics Limited Valsad, Gujarat, India
Mahanagar Gas Limited Mumbai, Maharashtra, India