Maharashtra State Handlooms Corporation Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 35.00 Cr
- Company Age 53 Year, 3 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 4.64 Cr
- Revenue Growth -17.86%
- Profit Growth -6.14%
- Ebitda 31.61%
- Net Worth -3.39%
- Total Assets 17.68%
About Maharashtra State Handlooms Corporation
Maharashtra State Handlooms Corporation Limited (MSHCL) was founded in India on 29 October 1971 and has a glorious history of 53 years and three months. Its registered office is in Nagpur, Maharashtra.
The Company is engaged in the Home & Lifestyle Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 35.00 Cr.
The company currently has active open charges totaling ₹4.64 Cr.
Anjum Rashidkhan, Shraddha Kocharekar, and Avishyant Panda serve as directors at the Company.
Company Details
- Location Nagpur, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51504MH1971SGC015409
- Company No.
015409
- Company Classification
Private Limited State Government Company
- Incorporation Date
29 Oct 1971
- Date of AGM
18 Feb 2022
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Maharashtra State Handlooms Corporation Limited offer?
Maharashtra State Handlooms Corporation Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Natural Fabric, Towels, Napkins & Handkerchieves, Napkins, Carpets & Rugs, Durries, Winter Wear & Accessories, Winter Hoodies.
Who are the key members and board of directors at Maharashtra State Handlooms Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avishyant Panda  | Managing Director | 14-Feb-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anjum Rashidkhan | Director | 26-Apr-2022 | Current |
| Shraddha Kocharekar | Director | 14-Aug-2023 | Current |
Financial Performance of Maharashtra State Handlooms Corporation.
Maharashtra State Handlooms Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 17.86% decrease. The company also saw a slight decrease in profitability, with a 6.14% decrease in profit. The company's net worth dipped by a decrease of 3.39%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Maharashtra State Handlooms Corporation?
In 2021, Maharashtra State Handlooms Corporation 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)
The Pratap Spinning Weaving And Manufacturing Company LimitedAvishyant Panda is a mutual person
Maharashtra State Textile Corporation LimitedAvishyant Panda is a mutual person
Maharashtra State Powerlooms Corporation LimitedAvishyant Panda is a mutual person
Charges (Loans)
₹4.64 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.64 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2022 | State Bank Of India | ₹6.40 M | Open |
| 05 Jun 1997 | State Bank Of India | ₹4.00 Cr | Open |
How Many Employees Work at Maharashtra State Handlooms Corporation?
Maharashtra State Handlooms Corporation has a workforce of 1 employees as of Oct 22, 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 State Handlooms 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 State Handlooms 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
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