Maharashtra Natural Gas Limited Company Logo

Maharashtra Natural Gas Limited - Company Profile

It is a energy and power public limited company based in Pune, Maharashtra, India, established in 2006.

2006 | Pune, Maharashtra, India | Active
Last Updated:

About Maharashtra Natural Gas Limited

Maharashtra Natural Gas Limited, a active public limited company, was established on 13 January 2006 in Pune, Maharashtra, India. Engaging in oil & gas distribution & transmission within the electricity, gas, steam and air condition supply sector, it holds CIN: U11102PN2006PLC021839. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹100.00 Cr.

It upholds a compliant status. Employing 176 professional, Its leadership includes Mohit Bhatia (Nominee Director), Rajeev Kumar Singhal (Additional Director), Kumar Shanker (Managing Director). Past directors included Vinod Premchand Giri, Deepak Kumar Jamsaheb Mukadam, Padmini Bhalchandra Khare. It holds ₹3,936.00 Cr open charges and ₹849.00 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 27, Narveer Tanaji Wadi, Pmt Bus Depot, Commercial Building, First Floor, Shivaj, I Nagar, Pune, Maharashtra, 411005.

Company Details

  • CIN/LLPIN

    U11102PN2006PLC021839

  • Registration Number

    021839

  • Incorporation Date

    13 January 2006

  • Authorized Capital

    ₹100.00 Cr

  • Paid-Up Capital

    ₹100.00 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 100.00 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,936.00 Cr
  • Satisfied Charges ₹ 849.00 Cr
  • Revenue Growth 95.01%
  • Profit Growth 26.60%
  • Ebitda 28.21%
  • Net Worth 29.33%
  • Total Assets 27.09%
Company report

Maharashtra Natural Gas Limited

Company Report FY 2025-2026

Explore comprehensive insights into Maharashtra Natural Gas 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 Natural Gas Limited?

Current Directors

NameDesignationAppointment DateStatus
Mohit BhatiaNominee Director03 May 2024Current
Rajeev Kumar SinghalAdditional Director08 Nov 2024Current
Kumar ShankerManaging Director23 Feb 2023Current
Kamal Kishore ChatiwalNominee Director19 Jun 2023Current
Shankar Nagappa KarajagiWhole-Time Director01 Aug 2024Current
Bageshree Milind ManthalkarDirector19 Mar 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director19 Sep 2014Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddNominee Director31 Aug 2018Past
Pramod AbcsddAdditional Director25 Sep 2012Past
Pramod AbcsddNominee Director23 Nov 2016Past

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Financial Performance of Maharashtra Natural Gas.

Maharashtra Natural Gas Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.01% increase. The company also saw a substantial improvement in profitability, with a 26.6% increase in profit. The company's net worth Soared by an impressive increase of 29.33%.

Maharashtra Natural Gas revenue growth over time
Maharashtra Natural Gas 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
95.01%
Revenue from Operations
95.47%
Total Assets
27.09%
Profit or Loss
26.60%
Net Worth
29.33%
EBITDA
28.21%

What is the Ownership and Shareholding Structure of Maharashtra Natural Gas?

In 2023, Maharashtra Natural Gas had a promoter holding of 45.00% and a public holding of 55.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹39,360,000,000.00

Satisfied Charges

₹8,490,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 3920.00 Cr
  • State Bank Of India : 15.00 Cr
  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jun 2023Others₹2,780.00 CrOpen
29 Jul 2021Axis Bank Limited₹1.00 CrOpen
25 Sep 2020Others₹1,115.00 CrOpen
18 Sep 2020Others₹25.00 CrOpen
08 Mar 2016State Bank Of India₹15.00 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Maharashtra Natural Gas?

Maharashtra Natural Gas has a workforce of 176 employees as of Apr 04, 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.

Employee growth trends for Maharashtra Natural Gas Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Natural Gas, 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 Natural Gas'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 Maharashtra Natural Gas

Recent Activity within the Organization

  • Director Appointment

    Debashis Naik was appointed as a Additional Director was appointed as a Additional Director on 31 Jan 2025 & has been associated with this company since 9 months 30 days . was recorded as a recent event.

  • Director Appointment

    Progress on Rajeev Kumar Singhal was appointed as a Additional Director was appointed as a Additional Director on 08 Nov 2024 & has been associated with this company since 1 year 22 days . was documented.

  • Annual General Meeting

    Progress on Maharashtra Natural Gas Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    The activity Shankar Nagappa Karajagi was appointed as a Whole-time director was appointed as a Whole-time director on 01 Aug 2024 & has been associated with this company since 1 year 4 months . was completed.

  • Director Appointment

    Mohit Bhatia was appointed as a Nominee Director was appointed as a Nominee Director on 03 May 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Balance Sheet

    The activity Maharashtra Natural Gas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Maharashtra Natural Gas Limited?

    The CIN of Maharashtra Natural Gas Limited is U11102PN2006PLC021839.

  • Where is Maharashtra Natural Gas Limited headquartered?

    Maharashtra Natural Gas Limited is headquartered at Plot No 27, Narveer Tanaji Wadi, Pmt Bus Depot, Commercial Building, First Floor, Shivaj, I Nagar, Pune, Maharashtra, 411005.

  • When was Maharashtra Natural Gas Limited incorporated?

    Maharashtra Natural Gas Limited was incorporated on 13 January 2006.

  • Who are the current directors of Maharashtra Natural Gas Limited?

    The current directors of Maharashtra Natural Gas Limited are

  • What is the primary industry of Maharashtra Natural Gas Limited?

    The primary industry of Maharashtra Natural Gas Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Maharashtra Natural Gas Limited a listed company?

    Maharashtra Natural Gas Limited is unlisted.

  • What is the capital structure of Maharashtra Natural Gas Limited?

    The authorized capital of Maharashtra Natural Gas Limited is ₹100.00 Cr, and the paid-up capital is ₹100.00 Cr.

  • What is the compliance status of Maharashtra Natural Gas Limited?

    The compliance status of Maharashtra Natural Gas Limited is Compliant.

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