Maharashtra State Mining Corporation Limited

Government-owned mining company promoting systematic development and conservation of mineral wealth in Maharashtra.

1973 | Nagpur, Maharashtra (India) | Active
Last Updated: January 01, 2025

Maharashtra State Mining Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.07 Cr
  • Company Age 51 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 201.68 Cr
  • Revenue Growth 33.86%
  • Profit Growth -23.81%
  • Ebitda 11.85%
  • Net Worth 2.54%
  • Total Assets 6.77%

About Maharashtra State Mining Corporation

Maharashtra State Mining Corporation Limited (MSMCL) was founded in India on 14 November 1973 and has a glorious history of 51 years and three months. Its registered office is in Nagpur, 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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.07 Cr.

The company currently has active open charges totaling ₹201.68 Cr.

Anil Pophare, Ramakishan Tanugula, Ashok Dharmadhikari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    msmc.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U10100MH1973SGC017008

  • Company No.

    017008

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    14 Nov 1973

  • Date of AGM

    26 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Maharashtra State Mining Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramakishan Tanugula Country flag representing In Managing Director16-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Anil Pophare Country flag representing In Director 12-Oct-2006Current
Ashok Dharmadhikari Country flag representing In Nominee Director 06-Mar-2017Current
Rajendra Kalamkar Country flag representing In Nominee Director 02-Jul-2016Current
Ashish Jaiswal Country flag representing In Director 07-Sep-2018Current
Ravindra Gurav Country flag representing In Nominee Director 10-Mar-2021Current

Financial Performance of Maharashtra State Mining Corporation.

Maharashtra State Mining Corporation Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 33.86% increase. The company also saw a substantial fall in profitability, with a 23.81% decrease in profit. The company's net worth moved up by a moderate rise of 2.54%.

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
33.86%
Revenue from Operations
37.34%
Total Assets
6.77%
Profit or Loss
-23.81%
Net Worth
2.54%
EBITDA
11.85%

What is the Ownership and Shareholding Structure of Maharashtra State Mining Corporation?

In 2020, Maharashtra State Mining Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹201.68 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 200.00 Cr
  • The Joint Commicener Of Income Tax : 1.22 Cr
  • Punjab National Bank : 0.35 Cr
  • State Bank Of India : 0.06 Cr
  • Central Bank Of India : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jan 2020Others₹200.00 CrOpen
03 Aug 1999The Joint Commicener Of Income Tax₹1.22 CrOpen
14 Jun 1994Central Bank Of India₹0.50 MOpen
09 Mar 1990State Bank Of India₹0.30 MOpen
17 Jan 1990State Bank Of India₹0.30 MOpen

How Many Employees Work at Maharashtra State Mining Corporation?

Maharashtra State Mining Corporation has a workforce of 130 employees as of Apr 01, 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 State Mining 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 Mining Corporation'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 State Mining Corporation

Recent activity within the organization

  • Director Appointment

    Ramakishan Rao Tanugula was appointed as a Managing Director was appointed as a Managing Director on 16 Mar 2024 & has been associated with this company since 11 months 8 days .

    16 Mar 2024

  • Annual General Meeting

    Maharashtra State Mining Corporation Limited last Annual general meeting of members was held on 26 Sep 2022 as per latest MCA records.

    26 Sep 2022

  • Balance Sheet

    Maharashtra State Mining Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Ravindra Vasantrao Gurav was appointed as a Nominee Director was appointed as a Nominee Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .

    10 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100334740 was registered on 07 Jan 2020.

    07 Jan 2020

  • Director Appointment

    Ashish Nandkishore Jaiswal was appointed as a Director was appointed as a Director on 07 Sep 2018 & has been associated with this company since 6 years 5 months .

    07 Sep 2018

Frequently asked questions

  • Maharashtra State Mining Corporation Limited was incorporated on 14 Nov 1973.

  • The authorized share capital of Maharashtra State Mining Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.07 Cr.

  • Currently 6 directors are associated with Maharashtra State Mining Corporation Limited.

    • Anil Mahadeo Pophare
    • Ramakishan Rao Tanugula
    • Ashok Prabhakar Dharmadhikari
    • Rajendra Shivdas Kalamkar
    • Ashish Nandkishore Jaiswal
    • Ravindra Vasantrao Gurav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra State Mining Corporation Limited is Plot No. 7, Ajni Chowk Wardha Road India, Nagpur, Maharashtra, 440015.

  • The corporate identification number (CIN) of Maharashtra State Mining Corporation Limited is U10100MH1973SGC017008 and the company number is 017008 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra State Mining Corporation Limited is https://www.msmc.gov.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Maharashtra State Mining Corporation Limited has risen by 33.86%.

  • As Per 2020 financial reports, 130 employees are currently employed by Maharashtra State Mining Corporation Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Maharashtra State Mining Corporation Limited has experienced an upsurge of 2.54%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Maharashtra State Mining Corporation Limited amount to ₹ 201.68 Cr.

  • The most recent Balance Sheet for Maharashtra State Mining Corporation Limited was filed with the ROC on 31 Mar 2022.

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