Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited

State government company providing loans and advances for the betterment of other backward classes.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 85.46 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Revenue Growth 10.72%
  • Profit Growth 29.57%
  • Ebitda -94.06%
  • Net Worth 6.62%
  • Total Assets 3.47%

About Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal

Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited (MRIMVVAVML) is a leading Public Limited State Government Company incorporated in India on 23 April 1999 and has a history of 25 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial 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 250.00 Cr and a paid-up capital of Rs 85.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited India are Pratibha Chougule as CFO and Mohan Bavkar as Company Secretary. Atul Save, Madan Yerawar, Anand Mali, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    msobcfdc.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1999SGC119586

  • Company No.

    119586

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    23 Apr 1999

  • Date of AGM

    29 Jan 2020

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal?

Executive Team (3)

NameDesignationAppointment DateStatus
Pratibha Chougule CFO23-Mar-2024Current
Anand Mali Country flag representing In Managing Director20-Sep-2024Current
Mohan Bavkar Company Secretary22-Mar-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Atul Save Country flag representing In Director 15-Aug-2022Current
Madan Yerawar Country flag representing In Director 11-Jul-2017Current
Pramod Karnad Country flag representing In Director 27-May-2015Current

Financial Performance of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal.

Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 10.72% increase. The company also saw a substantial improvement in profitability, with a 29.57% increase in profit. The company's net worth moved up by a moderate rise of 6.62%.

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
10.72%
Revenue from Operations
-2.44%
Total Assets
3.47%
Profit or Loss
29.57%
Net Worth
6.62%
EBITDA
-94.06%

What is the Ownership and Shareholding Structure of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal?

In 2018, Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal?

Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal has a workforce of 47 employees as of Oct 16, 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 Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal, 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 Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal'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 Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal

Recent activity within the organization

  • Director Appointment

    Anand Arjun Mali was appointed as a Managing Director was appointed as a Managing Director on 20 Sep 2024 & has been associated with this company since 5 months 3 days .

    20 Sep 2024

  • Director Appointment

    Pratibha Anand Chougule was appointed as a Cfo was appointed as a Cfo on 23 Mar 2024 & has been associated with this company since 11 months 1 day .

    23 Mar 2024

  • Director Appointment

    Mohan Punaji Bavkar was appointed as a Company Secretary was appointed as a Company Secretary on 22 Mar 2024 & has been associated with this company since 11 months 2 days .

    22 Mar 2024

  • Director Appointment

    Atul Moreshawar Save was appointed as a Director was appointed as a Director on 15 Aug 2022 & has been associated with this company since 2 years 6 months .

    15 Aug 2022

  • Annual General Meeting

    Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited last Annual general meeting of members was held on 29 Jan 2020 as per latest MCA records.

    29 Jan 2020

  • Balance Sheet

    Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

Frequently asked questions

  • Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited was incorporated on 23 Apr 1999.

  • The authorized share capital of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited is ₹ 250.00 Cr and paid-up capital is ₹ 85.46 Cr.

  • Currently 6 directors are associated with Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited.

    • Pratibha Anand Chougule
    • Atul Moreshawar Save
    • Madan Madhukarrao Yerawar
    • Anand Arjun Mali
    • Pramod Ramkrishna Karnad
    • Mohan Punaji Bavkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited is 4Th Flr New Admin Buildinggoverment Of Ramkrishna Chembuer Kar Marg India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited is U74999MH1999SGC119586 and the company number is 119586 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited is https://www.msobcfdc.gov.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited has risen by 10.72%.

  • As Per 2018 financial reports, 47 employees are currently employed by Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited has experienced an upsurge of 6.62%.

  • The most recent Balance Sheet for Maharashtra Rajya Itar Magas Vargiya Vitta Ani Vikas Mahamandal Limited was filed with the ROC on 31 Mar 2018.

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