Maharashtra Cooperative Development Corporation Limited - Company Profile

It is a financial services public limited state government company based in Pune, Maharashtra, India, established in 2000.
2000 Pune, Maharashtra, India Active
Last Updated:
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About Maharashtra Cooperative Development Corporation Limited

Maharashtra Cooperative Development Corporation Limited, a active public limited state government company, was established on 28 August 2000 in Pune, Maharashtra, India. Engaging in investment & credit nbfc within the trade sector, it holds CIN: U65191PN2000SGC015260. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹8.94 Cr.

It upholds a compliant status. Its leadership includes Milind Waman Akre (Managing Director), Kunal Prakash Khemnar (Additional Director), Vikas Vilas Rasal (Additional Director). Past directors included Chandrakant Laxmanrao Pulkundwar, Milind Waman Akre, Subhash Sureshchandra Deshmukh. It holds no open charges and ₹100.00 Cr settled loans. Its latest AGM occurred on 23 January 2025, with the balance sheet filed on 31 March 2022. It is based at Sankhar Sankool Shivajinagar N Tanajiwadi, Pune, Maharashtra, 411005.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65191PN2000SGC015260

  • Registration Number

    015260

  • Incorporation Date

    28 August 2000

  • Authorized Capital

    ₹100.00 Cr

  • Paid-Up Capital

    ₹8.94 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 8.94 Cr
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth **** -30.64%
  • Profit Growth **** -653.45%
  • Ebitda **** -182.66%
  • Net Worth -44.47%
  • Total Assets -96.58%
Company report

Maharashtra Cooperative Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Cooperative Development Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maharashtra Cooperative Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Milind Waman Akre Managing Director 05 Mar 2018 Current
Kunal Prakash Khemnar Additional Director 30 Aug 2024 Current
Vikas Vilas Rasal Additional Director 30 Aug 2024 Current
Deepak Ramchandra Taware Additional Director 30 Aug 2024 Current
Gokul Bankatlalji Rathi Director 07 May 2018 Current
Mangesh Bhagwant Titkare Managing Director 03 Sep 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 06 Feb 2024 Past
Pramod Abcsdd Additional Director 05 Mar 2018 Past
Pramod Abcsdd Director 13 Nov 2019 Past
Pramod Abcsdd Additional Director 26 Nov 2024 Past
Pramod Abcsdd Additional Director 29 Dec 2022 Past
Pramod Abcsdd Director 30 Nov 2019 Past

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Financial Performance of Maharashtra Cooperative Development Corporation.

Maharashtra Cooperative Development Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.64% decrease. The company also saw a substantial fall in profitability, with a 653.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 44.47%.

Maharashtra Cooperative Development Corporation revenue growth over time
Maharashtra Cooperative Development Corporation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -30.64%
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Revenue from Operations
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 -99.97%
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*******
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Total Assets
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 -96.58%
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Profit or Loss
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 -653.45%
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*******
*******
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Net Worth
*******
 -44.47%
*******
*******
*******
*******
EBITDA
*******
 -182.66%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Maharashtra Cooperative Development Corporation?

In 2021, Maharashtra Cooperative Development Corporation had a promoter holding of 84.24% and a public holding of 15.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,000,000,000.00

Charges Breakdown by Lending Institutions
  • The Western India Trustecs And Executors Co. Ltd. : 100.00 Cr
Latest Charge Details
Date Lender Amount Status
16 Aug 2001 The Western India Trustecs And Executors Co. Ltd. ₹100.00 Cr Satisfied

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How Many Employees Work at Maharashtra Cooperative Development Corporation?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Cooperative 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 Maharashtra Cooperative Development Corporation'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.

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Latest Updates, News, and FAQs on Maharashtra Cooperative Development Corporation
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Maharashtra Cooperative Development Corporation Limited last Annual general meeting of members was held on 23 Jan 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Mangesh Bhagwant Titkare was appointed as a Managing Director was appointed as a Managing Director on 03 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    The activity Kunal Prakash Khemnar was appointed as a Additional Director was appointed as a Additional Director on 30 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    Progress on Vikas Vilas Rasal was appointed as a Additional Director was appointed as a Additional Director on 30 Aug 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Director Appointment

    The activity Deepak Ramchandra Taware was appointed as a Additional Director was appointed as a Additional Director on 30 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Balance Sheet

    Progress on Maharashtra Cooperative Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune. was documented.

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Frequently Asked Questions
What is the CIN of Maharashtra Cooperative Development Corporation Limited?

The CIN of Maharashtra Cooperative Development Corporation Limited is U65191PN2000SGC015260.

Where is Maharashtra Cooperative Development Corporation Limited headquartered?

Maharashtra Cooperative Development Corporation Limited is headquartered at Sankhar Sankool Shivajinagar N Tanajiwadi, Pune, Maharashtra, 411005.

When was Maharashtra Cooperative Development Corporation Limited incorporated?

Maharashtra Cooperative Development Corporation Limited was incorporated on 28 August 2000.

Who are the current directors of Maharashtra Cooperative Development Corporation Limited?

The current directors of Maharashtra Cooperative Development Corporation Limited are

What is the primary industry of Maharashtra Cooperative Development Corporation Limited?

The primary industry of Maharashtra Cooperative Development Corporation Limited is Trade.

Is Maharashtra Cooperative Development Corporation Limited a listed company?

Maharashtra Cooperative Development Corporation Limited is unlisted.

What is the capital structure of Maharashtra Cooperative Development Corporation Limited?

The authorized capital of Maharashtra Cooperative Development Corporation Limited is ₹100.00 Cr, and the paid-up capital is ₹8.94 Cr.

What is the compliance status of Maharashtra Cooperative Development Corporation Limited?

The compliance status of Maharashtra Cooperative Development Corporation Limited is Compliant.

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