The Maharashtra Agro Industries Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 5.50 Cr
- Company Age 59 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 60.52 Cr
- Revenue Growth -17.68%
- Profit Growth 15934.18%
- Ebitda -18.36%
- Net Worth 1.90%
- Total Assets 18.65%
About The Maharashtra Agro Industries Development Corporation
The Maharashtra Agro Industries Development Corporation Limited (TMAIDCL) was founded in India on 15 December 1965 and has a glorious history of 59 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Agriculture 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 8.00 Cr and a paid-up capital of Rs 5.50 Cr.
The company has closed loans amounting to ₹60.52 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Dhananjay Munde, Chandrashekhar Lohi, Anoop Srivastava, and Two other members 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
U05000MH1965SGC013380
- Company No.
013380
- Company Classification
Private Limited State Government Company
- Incorporation Date
15 Dec 1965
- Date of AGM
12 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Agriculture
What products or services does The Maharashtra Agro Industries Development Corporation Limited offer?
The Maharashtra Agro Industries Development Corporation Limited offers a wide range of products and services, including Cooking Spices and Masala, Cooking Paste, Juices, Soups & Soft Drinks, Fruit Juice, Mango Juice, Fruit Drinks, Orange Juice, Preserved Fruits, Pineapple Slices, Jam.
The Maharashtra Agro Industries Development Corporation Limited
Explore comprehensive data for The Maharashtra Agro Industries Development Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at The Maharashtra Agro Industries Development Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mangesh Gondavale  | Managing Director | 01-Sep-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Chavan | Director | 30-Nov-2022 | Current |
| Dhananjay Munde | Director | 14-Jul-2023 | Current |
| Chandrashekhar Lohi | Director | 22-Feb-2013 | Current |
| Anoop Srivastava | Director | 12-Jun-2023 | Current |
Financial Performance of The Maharashtra Agro Industries Development Corporation.
The Maharashtra Agro Industries Development Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 17.68% decrease. The company also saw a substantial improvement in profitability, with a 15934.18% increase in profit. The company's net worth moved up by a moderate rise of 1.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Maharashtra Agro Industries Development Corporation?
In 2021, The Maharashtra Agro Industries Development 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)
The Kerala Agro Industries Corporation LimitedChandrashekhar Lohi is a mutual person
- Dr. Babasaheb Ambedkar Samata Pratishthan
Dhananjay Munde is a mutual person
- Odisha Agro Industries Corporation Limited
Chandrashekhar Lohi is a mutual person
- Annasaheb Patil Arthik-Magas Vikas Mahamandal Maryadit
Anoop Srivastava is a mutual person
- Maharashtra Insectcides Limited
Mangesh Gondavale is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹60.52 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 40.00 Cr
- Indian Bank : 20.52 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2009 | Indian Bank | ₹5.22 M | Satisfied |
| 28 May 2007 | Indian Bank | ₹10.00 Cr | Satisfied |
| 27 Apr 2007 | Indian Bank | ₹10.00 Cr | Satisfied |
| 10 Jan 2005 | State Bank Of India | ₹20.00 Cr | Satisfied |
| 04 Jan 2005 | State Bank Of India | ₹20.00 Cr | Satisfied |
How Many Employees Work at The Maharashtra Agro Industries Development Corporation?
The Maharashtra Agro Industries Development Corporation has a workforce of 220 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Maharashtra Agro Industries 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 The Maharashtra Agro Industries Development 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.
Latest Updates, News, and FAQs on The Maharashtra Agro Industries Development Corporation
Recent activity within the organization
- Annual General Meeting
The Maharashtra Agro Industries Development Corporation Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records.
- Director Appointment
Mangesh Manohar Gondavale was appointed as a Managing Director was appointed as a Managing Director on 01 Sep 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Dhananjay Panditrao Munde was appointed as a Director was appointed as a Director on 14 Jul 2023 & has been associated with this company since 1 year 9 months .
- Director Appointment
Anoop Kumar Srivastava was appointed as a Director was appointed as a Director on 12 Jun 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
The Maharashtra Agro Industries Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Sunil Sahebrao Chavan was appointed as a Director was appointed as a Director on 30 Nov 2022 & has been associated with this company since 2 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of The Maharashtra Agro Industries Development Corporation Limited?
The Maharashtra Agro Industries Development Corporation Limited was incorporated on 15 Dec 1965.
What is authorized share capital and paid-up capital of The Maharashtra Agro Industries Development Corporation Limited?
The authorized share capital of The Maharashtra Agro Industries Development Corporation Limited is ₹ 8.00 Cr and paid-up capital is ₹ 5.50 Cr.
Who are the current board members & directors of The Maharashtra Agro Industries Development Corporation Limited?
Currently 5 directors are associated with The Maharashtra Agro Industries Development Corporation Limited.
- Dhananjay Panditrao Munde
- Chandrashekhar Ramrao Lohi
- Anoop Kumar Srivastava
- Sunil Sahebrao Chavan
- Mangesh Manohar Gondavale
What is the registered address of The Maharashtra Agro Industries Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of The Maharashtra Agro Industries Development Corporation Limited is Krushi Udyog Bhavan Aarey Milk Colony Dinkarrao Desai Marg Goregaon East, India, Mumbai, Maharashtra, 400065.
What is the corporate identification number (CIN) and company number of The Maharashtra Agro Industries Development Corporation Limited?
The corporate identification number (CIN) of The Maharashtra Agro Industries Development Corporation Limited is U05000MH1965SGC013380 and the company number is 013380 as per Ministry of Corporate Affairs (MCA).
What is the official website of The Maharashtra Agro Industries Development Corporation Limited?
The Official website of The Maharashtra Agro Industries Development Corporation Limited is https://www.maidcmumbai.com
What has been the recent revenue trend for The Maharashtra Agro Industries Development Corporation Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for The Maharashtra Agro Industries Development Corporation Limited has fallen by -17.68%.
How many employees does The Maharashtra Agro Industries Development Corporation Limited currently have?
As Per 2019 financial reports, 220 employees are currently employed by The Maharashtra Agro Industries Development Corporation Limited.
What change has been observed in the net worth of The Maharashtra Agro Industries Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of The Maharashtra Agro Industries Development Corporation Limited has experienced an upsurge of 1.90%.
When was the last Balance Sheet of The Maharashtra Agro Industries Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for The Maharashtra Agro Industries Development Corporation Limited was filed with the ROC on 31 Mar 2023.
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