Marathwada Development Corporation Limited

Provides social security services since 1967, based in Maharashtra.

1967 | Aurangabad, Maharashtra (India) | Active
Last Updated: November 16, 2024

Marathwada Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.17 Cr
  • Company Age 57 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024

About Marathwada Development Corporation

Marathwada Development Corporation Limited (MDCL) was founded in India on 22 August 1967 and has a glorious history of 57 years and six months.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 12.00 Cr and a paid-up capital of Rs 10.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karuna Kharat, Balasaheb Yeshwante, and Chetan Girase 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

    U74999MH1967SGC013808

  • Company No.

    013808

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    22 Aug 1967

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

Who are the key members and board of directors at Marathwada Development Corporation?

Executive Team (1)

NameDesignationAppointment DateStatus
Balasaheb Yeshwante Country flag representing In Managing Director05-Jun-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Karuna Kharat Country flag representing In Director 02-Jun-2018Current
Chetan Girase Country flag representing In Director 03-Nov-2022Current

Financial Performance of Marathwada Development Corporation.

Marathwada Development Corporation Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Marathwada Development Corporation?

In 2023, Marathwada Development Corporation had a promoter holding of 100.00%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Marathwada Development Corporation?

Unlock and access historical data on people associated with Marathwada Development Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marathwada 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 Marathwada Development Corporation's trajectory.

Rating

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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 Marathwada Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Marathwada Development Corporation Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Marathwada Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Balasaheb Trimbak Yeshwante was appointed as a Managing Director was appointed as a Managing Director on 05 Jun 2023 & has been associated with this company since 1 year 8 months .

    05 Jun 2023

  • Director Appointment

    Chetan Anandsing Girase was appointed as a Director was appointed as a Director on 03 Nov 2022 & has been associated with this company since 2 years 3 months .

    03 Nov 2022

  • Director Appointment

    Karuna Vishwanath Kharat was appointed as a Director was appointed as a Director on 02 Jun 2018 & has been associated with this company since 6 years 8 months .

    02 Jun 2018

  • Company Incorporation

    Marathwada Development Corporation Limited was registered on 22 Aug 1967 with Roc Mumbai & aged 57 years 6 months as per MCA records.

    22 Aug 1967

Frequently asked questions

  • Marathwada Development Corporation Limited was incorporated on 22 Aug 1967.

  • The authorized share capital of Marathwada Development Corporation Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.17 Cr.

  • Currently 3 directors are associated with Marathwada Development Corporation Limited.

    • Karuna Vishwanath Kharat
    • Balasaheb Trimbak Yeshwante
    • Chetan Anandsing Girase
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marathwada Development Corporation Limited is Vikas Bhavan Dr. Rajendra Prasad Road, Adalat India, Aurangabad, Maharashtra, 431001.

  • The corporate identification number (CIN) of Marathwada Development Corporation Limited is U74999MH1967SGC013808 and the company number is 013808 as per Ministry of Corporate Affairs (MCA).

  • The most recent Balance Sheet for Marathwada Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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