Maharashtra Airport Development Company Limited logo

Maharashtra Airport Development Company Limited

Special purpose company developing airports in Maharashtra, including MIHAN and other projects for various clients.

2002 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

19 days ago

The Multi-modal International Hub Airport at Nagpur (MIHAN) project, a significant undertaking by the Government of Maharashtra, is being planned and implemented by Maharashtra Airport Development Company Limited (MADCL). This special purpose company was incorporated in 2002 with the primary objective of developing the MIHAN project. However, MADCL's scope of work extends beyond MIHAN, as it is also involved in the planning, development, and management of other airports in Maharashtra. According to a credit rating report, MADCL will also undertake the development of airports in Shirdi, Solapur, Amravati, and Karad, which are not under the purview of the Airport Authority of India. This expansion of MADCL's portfolio showcases the company's expertise and capabilities in the aviation sector. MADCL's impressive clientele includes renowned companies such as Air India, HCL, Infosys, L&T, Tech Mahindra, Tata Consultancy Services, Wipro, GATI, and TAL Manufacturing Solutions Limited. These partnerships speak volumes about the company's reputation and reliability in the industry. The company's registered office is located in Mumbai, Maharashtra, and it continues to make significant contributions to the development of the state's aviation infrastructure.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU45203MH2002SGC136979
Company No.136979
Company ClassificationPublic Limited State Government Company
Incorporation Date26 Aug 2002
Date of AGM27 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Products or Services related to Maharashtra Airport Development Company Limited

Transmission Line

Transmission Lines

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Maharashtra Airport Development Company Limited offers a wide range of products and services, including: Power Plants & Spare Parts, Electrical Work, Transmission Lines.

Financials of Maharashtra Airport Development Company Limited

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Maharashtra Airport Development Company Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 23.12% increase. The company also saw a substantial improvement in profitability, with a 89.59% increase in profit. The company's net worth moved up by a moderate rise of 9.65%.

Corporate Structure

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People in Maharashtra Airport Development Company Limited

Executive Team (3)

  • SP

    Swati Pandey In Managing Director

    Appointment Date: 25-Jul-2023

    Status: Current

  • SK

    Sanjay Kangne In CFO

    Appointment Date: 01-Jul-2019

    Status: Current

  • PB

    Pranita Bhise Company Secretary

    Appointment Date: 01-Sep-2016

    Status: Current

Board Members(12)

Charges (Loans)

Open Charges Satisfied Charges

₹479.00 cr

₹562.00 cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 28 Mar 2018
₹29.00 CrOpen

Housing And Urban Development Corporation Limited

Creation Date: 12 Feb 2013
₹450.00 CrOpen

Syndicate Bank

Creation Date: 15 Nov 2010
₹56.00 CrSatisfied

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Sanjay Meena was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2024 & has been associated with this company since 23 days .

    18 Apr 2024
  • Activity

    Director Appointment

    Sanjay Jagdishchandra Sethi was appointed as a Additional Director was appointed as a Additional Director on 21 Mar 2024 & has been associated with this company since 1 month 20 days .

    21 Mar 2024
  • Activity

    Director Appointment

    Om Prakash Gupta was appointed as a Additional Director was appointed as a Additional Director on 19 Mar 2024 & has been associated with this company since 1 month 22 days .

    19 Mar 2024
  • Activity

    Director Appointment

    Vijay Jagdish Prasad Singhal was appointed as a Additional Director was appointed as a Additional Director on 19 Mar 2024 & has been associated with this company since 1 month 22 days .

    19 Mar 2024
  • Activity

    Annual General Meeting

    Maharashtra Airport Development Company Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

Frequently asked questions

What is the Incorporation or founding date of Maharashtra Airport Development Company Limited?

Maharashtra Airport Development Company Limited was incorporated 21 years 8 months ago on 26 Aug 2002 with Registrar of Companies Roc Mumbai.

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