Maharashtra Minerals Corporation Limited - Company Profile

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1961.
1961 Mumbai, Maharashtra, India Active
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About Maharashtra Minerals Corporation Limited

Maharashtra Minerals Corporation Limited, a active public limited company, was established on 16 September 1961 in Mumbai, Maharashtra, India. Engaging in mining & mineral extraction within the mining and quarrying sector, it holds CIN: U14100MH1961PLC012124. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.84 M.

It upholds a compliant status. Employing 45 professional, Its leadership includes Ravindra Anant Watve (Director), Amala Anil Newalkar (Whole-Time Director), Anil Ganesh Newalkar (Managing Director). Past directors included Ravindra Anant Watve, Anujkumar Manishkumar Singh, Amala Anil Newalkar. It holds no open charges and ₹1.16 Cr settled loans. Its latest AGM occurred on 29 November 2025, with the balance sheet filed on 31 March 2025. It is based at 303 & 304, 3Rd Floor,Orbit Plaza Co-Op. Soc. Ltd. New Prabhadevi Rd, Nagusayajiwadi, Prabh, Adevi,, Mumbai, Maharashtra, 400025.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U14100MH1961PLC012124

  • Registration Number

    012124

  • Incorporation Date

    16 September 1961

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹5.84 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.84 M
  • Company Age 64 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 1.16 Cr
  • Revenue Growth **** 14.69%
  • Profit Growth **** 154.29%
  • Ebitda **** 982.76%
  • Net Worth 20.49%
  • Total Assets **** 20.52%
Company report

Maharashtra Minerals Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Minerals 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 Minerals Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Ravindra Anant Watve Director 30 Sep 2022 Current
Amala Anil Newalkar Whole-Time Director 28 Aug 2000 Current
Anil Ganesh Newalkar Managing Director 01 Jul 1981 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 15 Sep 2023 Past
Pramod Abcsdd Additional Director 27 Sep 2019 Past
Pramod Abcsdd Director 01 May 2016 Past
Pramod Abcsdd Director 01 May 2016 Past
Pramod Abcsdd Director 22 Apr 2019 Past
Pramod Abcsdd Director 12 May 2016 Past

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Financial Performance of Maharashtra Minerals Corporation.

Maharashtra Minerals Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.69% increase. The company also saw a substantial improvement in profitability, with a 154.29% increase in profit. The company's net worth Soared by an impressive increase of 20.49%.

Maharashtra Minerals Corporation revenue growth over time
Maharashtra Minerals 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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 14.69%
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Revenue from Operations
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 26.73%
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Total Assets
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 20.52%
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Profit or Loss
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 154.29%
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Net Worth
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 20.49%
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EBITDA
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 982.76%
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What is the Ownership and Shareholding Structure of Maharashtra Minerals Corporation?

In 2023, Maharashtra Minerals Corporation had a promoter holding of 80.70% and a public holding of 19.30%. 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

₹11,580,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.80 Cr
  • Asset Reconstruction Company (India) Ltd. : 0.18 Cr
  • Dena Bank : 0.10 Cr
  • Asset Reconstruction Company ( India) Ltd. : 0.08 Cr
Latest Charge Details
Date Lender Amount Status
30 Oct 1988 Bank Of India ₹1.00 M Satisfied
17 Sep 1988 Dena Bank ₹1.00 M Satisfied
30 Oct 1987 Bank Of India ₹1.20 M Satisfied
28 Mar 1987 Bank Of India ₹1.34 M Satisfied
28 Mar 1987 Bank Of India ₹1.80 M Satisfied

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How Many Employees Work at Maharashtra Minerals Corporation?

Unlock and access historical data on people associated with Maharashtra Minerals 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 Minerals 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 Minerals 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 Minerals Corporation
Recent Activity within the Organization
  • Annual General Meeting

    The activity Maharashtra Minerals Corporation Limited last Annual general meeting of members was held on 29 Nov 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Maharashtra Minerals Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.

  • Director Appointment

    The activity Ravindra Anant Watve was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 3 years 6 months . was completed.

  • Charges

    A charge registered on 17 Sep 1988 via Charge ID 80066845 with Dena Bank was fully satisfied on 25 Sep 2014. was recorded as a recent event.

  • Charges

    The activity A charge registered on 30 Oct 1988 via Charge ID 80062968 with Bank Of India was fully satisfied on 22 Jul 2013. was completed.

  • Charges

    The activity A charge registered on 30 Oct 1987 via Charge ID 80062967 with Bank Of India was fully satisfied on 22 Jul 2013. was completed.

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

The CIN of Maharashtra Minerals Corporation Limited is U14100MH1961PLC012124.

Where is Maharashtra Minerals Corporation Limited headquartered?

Maharashtra Minerals Corporation Limited is headquartered at 303 & 304, 3Rd Floor,Orbit Plaza Co-Op. Soc. Ltd. New Prabhadevi Rd, Nagusayajiwadi, Prabh, Adevi,, Mumbai, Maharashtra, 400025.

When was Maharashtra Minerals Corporation Limited incorporated?

Maharashtra Minerals Corporation Limited was incorporated on 16 September 1961.

Who are the current directors of Maharashtra Minerals Corporation Limited?

The current directors of Maharashtra Minerals Corporation Limited are

What is the primary industry of Maharashtra Minerals Corporation Limited?

The primary industry of Maharashtra Minerals Corporation Limited is Mining And Quarrying.

Is Maharashtra Minerals Corporation Limited a listed company?

Maharashtra Minerals Corporation Limited is unlisted.

What is the capital structure of Maharashtra Minerals Corporation Limited?

The authorized capital of Maharashtra Minerals Corporation Limited is ₹1.00 Cr, and the paid-up capital is ₹5.84 M.

What is the compliance status of Maharashtra Minerals Corporation Limited?

The compliance status of Maharashtra Minerals Corporation Limited is Compliant.

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