Maharashtra State Textile Corporation Profile
Key Indicators
- Authorised Capital ₹ 240.00 Cr
- Paid Up Capital ₹ 236.16 Cr
- Company Age 58 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.08 Cr
- Satisfied Charges ₹ 36.42 Cr
- Revenue Growth 25.18%
- Profit Growth 1.93%
- Ebitda -12.50%
- Net Worth -3.84%
- Total Assets 5.57%
About Maharashtra State Textile Corporation
Maharashtra State Textile Corporation Limited (MSTCL) was founded in India on 06 September 1966 and has a glorious history of 58 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing 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 240.00 Cr and a paid-up capital of Rs 236.16 Cr.
The company currently has active open charges totaling ₹10.08 Cr. The company has closed loans amounting to ₹36.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gauri Mhaske, Siva Pujari, Shrikrishna Pawar, and One other member 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
U17120MH1966SGC013568
- Company No.
013568
- Company Classification
Public Limited State Government Company
- Incorporation Date
06 Sep 1966
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Maharashtra State Textile Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shrikrishna Pawar  | Managing Director | 08-Mar-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gauri Mhaske | Director | 28-Dec-2017 | Current |
| Siva Pujari | Director | 19-Nov-2022 | Current |
| Avishyant Panda | Director | 08-Feb-2024 | Current |
Financial Performance of Maharashtra State Textile Corporation.
Maharashtra State Textile Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.18% increase. The company also saw a slight improvement in profitability, with a 1.93% increase in profit. The company's net worth dipped by a decrease of 3.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Maharashtra State Textile Corporation?
In 2022, Maharashtra State Textile 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)
Maharashtra State Handlooms Corporation LimitedAvishyant Panda is a mutual person
Charges (Loans)
₹10.08 Cr
₹36.42 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 5.82 Cr
- State Bank Of India : 2.26 Cr
- Central Bank Of India : 1.50 Cr
- Dena Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 1984 | State Bank Of India | ₹1.13 Cr | Open |
| 03 Dec 1984 | State Bank Of India | ₹1.00 M | Open |
| 15 Jun 1984 | Bank Of India | ₹2.91 Cr | Open |
| 16 May 1984 | Bank Of India | ₹2.91 Cr | Open |
| 15 Apr 1983 | State Bank Of India | ₹1.00 M | Open |
How Many Employees Work at Maharashtra State Textile Corporation?
Maharashtra State Textile Corporation has a workforce of 0 employees as of Oct 24, 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 Textile 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 Textile 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.
