Massskill Development Private Limited

A company providing employment placement, skill development training, and human resource consulting services.

2016 | Pune, Maharashtra (India) | Active
Last Updated: December 23, 2024

Massskill Development Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.86 Cr
  • Revenue Growth -91.81%
  • Profit Growth -95.51%
  • Ebitda -91.43%
  • Net Worth 1.43%
  • Total Assets 60.71%

About Massskill Development

Massskill Development Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 2016 (Eight years and four months 30 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Massskill Skill Development Private Limited. The Company is engaged in the Education Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹53.86 Cr.

Mahesh Kshirsagar and Maruti Shinde serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2016PTC166591

  • Company No.

    166591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Education
Business Outsourcing

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

Board Members (2)

NameDesignationAppointment DateStatus
Mahesh Kshirsagar Country flag representing In Director 27-Sep-2016Current
Maruti Shinde Country flag representing In Director 01-Aug-2017Current

Financial Performance of Massskill Development.

Massskill Development Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.81% decrease. The company also saw a substantial fall in profitability, with a 95.51% decrease in profit. The company's net worth moved up by a moderate rise of 1.43%.

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
-91.81%
Revenue from Operations
-91.69%
Total Assets
60.71%
Profit or Loss
-95.51%
Net Worth
1.43%
EBITDA
-91.43%

What is the Ownership and Shareholding Structure of Massskill Development?

Unlock access to Massskill Development's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹538.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 53.86 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 2023Canara Bank₹53.86 CrOpen

How Many Employees Work at Massskill Development?

Unlock and access historical data on people associated with Massskill Development, 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 Massskill Development, 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 Massskill Development'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 Massskill Development

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 538.60 M registered on 26 May 2023 with Charge ID 100727072 was modified on 06 Feb 2024.

    06 Feb 2024

  • Annual General Meeting

    Massskill Development Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 538.60 M with Charge ID 100727072 was registered on 26 May 2023.

    26 May 2023

  • Balance Sheet

    Massskill Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Maruti M Shinde was appointed as a Director was appointed as a Director on 01 Aug 2017 & has been associated with this company since 7 years 6 months .

    01 Aug 2017

  • Director Appointment

    Mahesh Pandurangrao Kshirsagar was appointed as a Director was appointed as a Director on 27 Sep 2016 & has been associated with this company since 8 years 4 months .

    27 Sep 2016

Frequently asked questions

  • Massskill Development Private Limited was incorporated on 27 Sep 2016.

  • The authorized share capital of Massskill Development Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Massskill Development Private Limited.

    • Mahesh Pandurangrao Kshirsagar
    • Maruti M Shinde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Massskill Development Private Limited is S No. 1314 H No B/123 Kumar Kruti Bld A3 Fl 303 Wadgaon Sheri, India, Pune, Maharashtra, 411014.

  • The corporate identification number (CIN) of Massskill Development Private Limited is U74999PN2016PTC166591 and the company number is 166591 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Massskill Development Private Limited has fallen by -91.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Massskill Development Private Limited has experienced an upsurge of 1.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Massskill Development Private Limited amount to ₹ 53.86 Cr.

  • The most recent Balance Sheet for Massskill Development Private Limited was filed with the ROC on 31 Mar 2023.

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