Maharashtra Small Scale Industries Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 14.50 Cr
- Company Age 62 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 38.00 Cr
- Revenue Growth -47.05%
- Profit Growth -87.15%
- Ebitda -127.73%
- Net Worth 1.39%
- Total Assets -17.14%
About Maharashtra Small Scale Industries Development Corporation
Maharashtra Small Scale Industries Development Corporation Limited (MSSIDCL) was founded in India on 19 October 1962 and has a glorious history of 62 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Trading 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 20.00 Cr and a paid-up capital of Rs 14.50 Cr.
The company currently has active open charges totaling ₹38.00 Cr.
The Key Managerial Personnel (KMP) at Maharashtra Small Scale Industries Development Corporation Limited India are Vijay Kapate as CFO and Akshay Pathak as Company Secretary. Rajendra Nimbalkar, Mohdtarique Farooqui, Manisha Verma, and Two other members 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
U74999MH1962SGC012501
- Company No.
012501
- Company Classification
Public Limited State Government Company
- Incorporation Date
19 Oct 1962
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Other Industry
Trading
Who are the key members and board of directors at Maharashtra Small Scale Industries Development Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendra Nimbalkar  | Managing Director | 03-Oct-2022 | Current |
| Vijay Kapate | CFO | 01-Apr-2022 | Current |
| Akshay Pathak | Company Secretary | 18-Jul-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohdtarique Farooqui | Nominee Director | 01-Jul-2014 | Current |
| Manisha Verma | Nominee Director | 01-Sep-2023 | Current |
| Deependra Kushwah | Nominee Director | 16-Nov-2022 | Current |
| Anil Bhandari | Nominee Director | 16-Mar-2023 | Current |
Financial Performance of Maharashtra Small Scale Industries Development Corporation.
Maharashtra Small Scale Industries Development Corporation Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 47.05% decrease. The company also saw a substantial fall in profitability, with a 87.15% decrease in profit. The company's net worth moved up by a moderate rise of 1.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maharashtra Small Scale Industries Development Corporation?
In 2018, Maharashtra Small Scale Industries Development Corporation 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.
Related Corporates (Common Directorship)
Sicom LimitedDeependra Kushwah is a mutual person
- Maharashtra State Housing Corpn Ltd
Rajendra Nimbalkar is a mutual person
- Maharashtra Vikrikar Rokhe Pradhikaran Limited
Rajendra Nimbalkar and Deependra Kushwah are mutual person
- Maharashtra Petro Chemicals Corporation Limited
Deependra Kushwah is a mutual person
Charges (Loans)
Open Charges
₹38.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 33.00 Cr
- Small Industries Development Bank Of India : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 1999 | State Bank Of India | ₹19.00 Cr | Open |
| 18 Oct 1998 | State Bank Of India | ₹1.75 Cr | Open |
| 18 Jun 1992 | Small Industries Development Bank Of India | ₹5.00 Cr | Open |
| 29 Apr 1991 | State Bank Of India | ₹10.00 Cr | Open |
| 30 Jan 1987 | State Bank Of India | ₹7.50 M | Open |
How Many Employees Work at Maharashtra Small Scale Industries Development Corporation?
Unlock and access historical data on people associated with Maharashtra Small Scale Industries Development 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 Small Scale Industries Development 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 Small Scale Industries Development 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 Small Scale Industries Development Corporation
Recent activity within the organization
- Annual General Meeting
Maharashtra Small Scale Industries Development Corporation Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Maharashtra Small Scale Industries Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Manisha Verma was appointed as a Nominee Director was appointed as a Nominee Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Anil Bhandari was appointed as a Nominee Director was appointed as a Nominee Director on 16 Mar 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Deependra Singh Kushwah was appointed as a Nominee Director was appointed as a Nominee Director on 16 Nov 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Rajendra Vijayrao Nimbalkar was appointed as a Managing Director was appointed as a Managing Director on 03 Oct 2022 & has been associated with this company since 2 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Maharashtra Small Scale Industries Development Corporation Limited?
Maharashtra Small Scale Industries Development Corporation Limited was incorporated on 19 Oct 1962.
What is authorized share capital and paid-up capital of Maharashtra Small Scale Industries Development Corporation Limited?
The authorized share capital of Maharashtra Small Scale Industries Development Corporation Limited is ₹ 20.00 Cr and paid-up capital is ₹ 14.50 Cr.
Who are the current board members & directors of Maharashtra Small Scale Industries Development Corporation Limited?
Currently 7 directors are associated with Maharashtra Small Scale Industries Development Corporation Limited.
- Rajendra Vijayrao Nimbalkar
- Mohdtarique Mohdyunus Farooqui
- Manisha Verma
- Deependra Singh Kushwah
- Vijay Digambar Kapate
- Akshay Shrikrishna Pathak
- Anil Bhandari
What is the registered address of Maharashtra Small Scale Industries Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Small Scale Industries Development Corporation Limited is Krupanidhi 9, W.H.Marge Ballard Estate India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Maharashtra Small Scale Industries Development Corporation Limited?
The corporate identification number (CIN) of Maharashtra Small Scale Industries Development Corporation Limited is U74999MH1962SGC012501 and the company number is 012501 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maharashtra Small Scale Industries Development Corporation Limited?
The Official website of Maharashtra Small Scale Industries Development Corporation Limited is https://www.mssidc.maharashtra.gov.in
What has been the recent revenue trend for Maharashtra Small Scale Industries Development Corporation Limited?
According to the financial reports for the fiscal year 2015, the revenue trend for Maharashtra Small Scale Industries Development Corporation Limited has fallen by -47.05%.
What change has been observed in the net worth of Maharashtra Small Scale Industries Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2015 indicates that The net worth of Maharashtra Small Scale Industries Development Corporation Limited has experienced an upsurge of 1.39%.
What are the total open charges for Maharashtra Small Scale Industries Development Corporation Limited?
As per the financial statements for fiscal Year 2015, The total open charges for Maharashtra Small Scale Industries Development Corporation Limited amount to ₹ 38.00 Cr.
When was the last Balance Sheet of Maharashtra Small Scale Industries Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for Maharashtra Small Scale Industries Development Corporation Limited was filed with the ROC on 31 Mar 2024.
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