Marathwada Accelerator For Growth And Incubation Council Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.55 M
- Company Age 7 Year, 24 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 84.13%
- Profit Growth 279.13%
- Ebitda 27.53%
- Net Worth 301.98%
- Total Assets 277.66%
About Marathwada Accelerator For Growth And Incubation Council
Marathwada Accelerator For Growth And Incubation Council (MAFGAIC) is a Private Not For Profit Company incorporated in India on 06 April 2018 (Seven years 24 days old ). Its registered office is in Aurangabad, Maharashtra, India.
The Company is engaged in the Business Services 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 2.00 M and a paid-up capital of Rs 0.55 M, as per Ministry of Corporate Affairs (MCA) records.
Hemant Kank, Prashant Deshpande, Mukund Bhogale, and Eight other members serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2018NPL307673
- Company No.
307673
- Company Classification
Private Not For Profit Company
- Incorporation Date
06 Apr 2018
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Business Services
Marathwada Accelerator For Growth And Incubation Council
Explore comprehensive data for Marathwada Accelerator For Growth And Incubation Council, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Marathwada Accelerator For Growth And Incubation Council?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kedar Deshpande  | Managing Director | 29-Dec-2019 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Todkar | Director | 29-Dec-2019 | Current |
| Sunil Raithatha | Director | 29-Dec-2019 | Current |
| Prashant Deshpande | Director | 29-Dec-2019 | Current |
| Mukund Bhogale | Director | 29-Dec-2019 | Current |
| Maithilee Tambolkar | Director | 31-Jul-2021 | Current |
| Hemant Kank | Director | 29-Dec-2019 | Current |
Financial Performance of Marathwada Accelerator For Growth And Incubation Council.
Marathwada Accelerator For Growth And Incubation Council, for the financial year ended 2023, experienced significant growth in revenue, with a 84.13% increase. The company also saw a substantial improvement in profitability, with a 279.13% increase in profit. The company's net worth Soared by an impressive increase of 301.98%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Marathwada Accelerator For Growth And Incubation Council?
In 2023, Marathwada Accelerator For Growth And Incubation Council 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)
Zencon Infotech Private LimitedKedar Deshpande is a mutual person
Vinodrai Engineers Private LimitedSunil Raithatha is a mutual person
Shilpin Machine Tools Private LimitedSunil Raithatha is a mutual person
Sanjay Techno Products Private LimitedPrasad Kokil is a mutual person
Sanjay Techno Plast Private LimitedPrasad Kokil is a mutual person
Marathwada Auto ClusterHemant Kank, Ashish Garde and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Marathwada Accelerator For Growth And Incubation Council?
Unlock and access historical data on people associated with Marathwada Accelerator For Growth And Incubation Council, 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 Marathwada Accelerator For Growth And Incubation Council, 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 Marathwada Accelerator For Growth And Incubation Council'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 Marathwada Accelerator For Growth And Incubation Council
Recent activity within the organization
- Annual General Meeting
Marathwada Accelerator For Growth And Incubation Council last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Marathwada Accelerator For Growth And Incubation Council has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Maithilee Sakharam Tambolkar was appointed as a Director was appointed as a Director on 31 Jul 2021 & has been associated with this company since 3 years 8 months .
- Director Appointment
Hemant Madhukar Kank was appointed as a Director was appointed as a Director on 29 Dec 2019 & has been associated with this company since 5 years 4 months .
- Director Appointment
Prashant Vijay Deshpande was appointed as a Director was appointed as a Director on 29 Dec 2019 & has been associated with this company since 5 years 4 months .
- Director Appointment
Mukund Nilkanth Bhogale was appointed as a Director was appointed as a Director on 29 Dec 2019 & has been associated with this company since 5 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Marathwada Accelerator For Growth And Incubation Council?
Marathwada Accelerator For Growth And Incubation Council was incorporated on 06 Apr 2018.
What is authorized share capital and paid-up capital of Marathwada Accelerator For Growth And Incubation Council?
The authorized share capital of Marathwada Accelerator For Growth And Incubation Council is ₹ 2.00 M and paid-up capital is ₹ 0.55 M.
Who are the current board members & directors of Marathwada Accelerator For Growth And Incubation Council?
Currently 11 directors are associated with Marathwada Accelerator For Growth And Incubation Council.
- Hemant Madhukar Kank
- Prashant Vijay Deshpande
- Mukund Nilkanth Bhogale
- Ashish Yashwant Garde
- Rohit Umesh Dashrathi
- Sunil Vinodrai Raithatha
- Ritesh Rajendraprasad Mishra
- Prasad Laxmikant Kokil
- Maithilee Sakharam Tambolkar
- Suresh Bhavrao Todkar
- Kedar Keshav Deshpande
What is the registered address of Marathwada Accelerator For Growth And Incubation Council?
As per Ministry of Corporate Affairs (Mca), the registered address of Marathwada Accelerator For Growth And Incubation Council is P No - 2 Bajaj Bhavan Station Road, India, Aurangabad, Maharashtra, 431001.
What is the corporate identification number (CIN) and company number of Marathwada Accelerator For Growth And Incubation Council?
The corporate identification number (CIN) of Marathwada Accelerator For Growth And Incubation Council is U74999MH2018NPL307673 and the company number is 307673 as per Ministry of Corporate Affairs (MCA).
What is the official website of Marathwada Accelerator For Growth And Incubation Council?
The Official website of Marathwada Accelerator For Growth And Incubation Council is https://www.magicincubation.com
What has been the recent revenue trend for Marathwada Accelerator For Growth And Incubation Council?
According to the financial reports for the fiscal year 2023, the revenue trend for Marathwada Accelerator For Growth And Incubation Council has risen by 84.13%.
What change has been observed in the net worth of Marathwada Accelerator For Growth And Incubation Council, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Marathwada Accelerator For Growth And Incubation Council has experienced an upsurge of 301.98%.
When was the last Balance Sheet of Marathwada Accelerator For Growth And Incubation Council filed with the ROC?
The most recent Balance Sheet for Marathwada Accelerator For Growth And Incubation Council was filed with the ROC on 31 Mar 2024.
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