Maharashtra Scooters Ltd - Company Profile

Q: Where is Maharashtra Scooters Ltd headquartered?

Maharashtra Scooters Ltd is headquartered at CO Bajaj Auto Ltd Bombaypoonaroad Akurdi, Poona, Maharashtra, 411035.

Q: Who are the current directors of Maharashtra Scooters Ltd?

The current directors of Maharashtra Scooters Ltd are Rajagopalan, Ravikumar Srinivasan, Mayur Chandrakant Chokshi, Sanjivnayan Rahulkumar Bajaj, Anant Gopal Marathe, Jasmine Arish Chaney, Mayur Patwardhan Gajanan, Saurabh Surendra Erande.

It is a automotive public limited company based in Poona, Maharashtra, India, established in 1975.

1975 Poona, Maharashtra, India Active

Last Updated: December 30, 2025

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About Maharashtra Scooters Ltd

Maharashtra Scooters Ltd, a active public limited company, was established on 11 June 1975 in Poona, Maharashtra, India. Engaging in auto parts & components within the financial and insurance service sector, it holds CIN: L35912MH1975PLC018376. Registered under ROC Roc Pune. it is listed on BSE: 500266 and NSE: MAHSCOOTER. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹11.43 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹217.76 Cr and a net worth of ₹19,042.81 Cr. Employing 108 professional, Its leadership includes Rajagopalan (Director), Ravikumar Srinivasan (Director), Mayur Chandrakant Chokshi (Director). Past directors included Rajagopalan, Vishwanath Laxmanrao Rajale, Ashok Sahebrao Sawant. It holds ₹2.50 M open charges and ₹1.75 Cr settled loans. Its latest AGM occurred on 23 July 2025, with the balance sheet filed on 31 March 2025. It is based at C/O Bajaj Auto Ltd Bombaypoonaroad Akurdi, Poona, Maharashtra, 411035.

Company Details

CIN/LLPIN
L35912MH1975PLC018376
Registration Number
018376
Incorporation Date
11 June 1975
Authorized Capital
₹12.00 Cr
Paid-Up Capital
₹11.43 Cr
ROC Code
Roc Pune
Listing Status
Listed (BSE: 500266, NSE: MAHSCOOTER)
Company Status
Active

Key Metrics

Authorised Capital ₹ 12.00 Cr as on 30-12-2025
Paid Up Capital ₹ 11.43 Cr as on 30-12-2025
Company Age 50 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2.50 M as on 30-12-2025
Satisfied Charges ₹ 1.75 Cr as on 30-12-2025
Revenue Growth **** 11.98% (FY 2023)
Profit Growth **** 36.84% (FY 2023)
Ebitda **** 6471.12% (FY 2023)
Net Worth -16.67% (FY 2023)
Total Assets -17.41% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Scooters Ltd — 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 Scooters Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Rajagopalan	Director	25 Jul 2019	Current
Ravikumar Srinivasan	Director	01 Oct 2024	Current
Mayur Chandrakant Chokshi	Director	01 Oct 2024	Current
Sanjivnayan Rahulkumar Bajaj	Director	18 Oct 2006	Current
Jasmine Arish Chaney	Director	24 Jul 2024	Current
Mayur Patwardhan Gajanan	Director	01 Oct 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	20 Jul 2020	Past
Pramod Abcsdd	Additional Director	16 Jul 2018	Past
Pramod Abcsdd	Nominee Director	12 May 2015	Past
Pramod Abcsdd	Director	12 May 2015	Past
Pramod Abcsdd	Nominee Director	09 May 2018	Past
Pramod Abcsdd	Director	03 Jul 2019	Past

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Financial Performance of Maharashtra Scooters.

Maharashtra Scooters Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 11.98% increase. The company also saw a substantial improvement in profitability, with a 36.84% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.67%.

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

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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

********

11.98%

*******

Revenue from Operations

*******

1158.61%

*******

Total Assets

*******

-17.41%

*******

Profit or Loss

*******

36.84%

*******

Net Worth

*******

-16.67%

*******

EBITDA

*******

6471.12%

*******

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What is the Ownership and Shareholding Structure of Maharashtra Scooters?

In 2023, Maharashtra Scooters had a promoter holding of 51.00% and a public holding of 49.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹2,500,000.00

Satisfied Charges

₹17,500,000.00

Charges Breakdown by Lending Institutions

Central Bank Of India : 1.75 Cr

Latest Charge Details

Date	Lender	Amount	Status
04 Sep 2000	Central Bank Of India	₹1.00 Cr	Satisfied
09 Jun 1976	Central Bank Of India	₹2.50 M	Satisfied
08 Jun 1976	Central Bank Of India	₹5.00 M	Satisfied

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How Many Employees Work at Maharashtra Scooters?

Maharashtra Scooters has a workforce of 108 employees as of Mar 27, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Scooters, 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 Scooters'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.

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Latest Updates, News, and FAQs on Maharashtra Scooters

Recent Activity within the Organization

Director Appointment

Saurabh Surendra Erande was appointed as a Company Secretary was appointed as a Company Secretary on 03 Oct 2025 & has been associated with this company since 4 months 11 days . was recorded as a recent event.
03 Oct 2025
Annual General Meeting

The activity Maharashtra Scooters Ltd last Annual general meeting of members was held on 23 Jul 2025 as per latest MCA records. was completed.
23 Jul 2025
Balance Sheet

Maharashtra Scooters Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Ravikumar Srinivasan was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 1 year 4 months . was documented.
01 Oct 2024
Director Appointment

Progress on Mayur Chandrakant Chokshi was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 1 year 4 months . was documented.
01 Oct 2024
Director Appointment

Mayur Patwardhan Gajanan was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.
01 Oct 2024

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