Maharashtra Small Scale Industries Development Corporation Limited - Company Profile

It is a other industry public limited state government company based in Mumbai, Maharashtra, India, established in 1962.
1962 Mumbai, Maharashtra, India Active
Last Updated:
About Maharashtra Small Scale Industries Development Corporation Limited

Maharashtra Small Scale Industries Development Corporation Limited, a active public limited state government company, was established on 19 October 1962 in Mumbai, Maharashtra, India. Engaging in other services within the other industry sector, it holds CIN: U74999MH1962SGC012501. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹14.50 Cr.

It upholds a compliant status. Its leadership includes Jagannath Pandharinath Dange (Additional Director), Deependra Singh Kushwah (Nominee Director), Jaideep Jogendra Kawade (Nominee Director). Past directors included Avinash Narayanprasad Pande, Rajendra Vijayrao Nimbalkar, Viswanath Giriraj. It holds ₹38.00 Cr open charges and no settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2024. It is based at Krupanidhi,9,W.H.Marge Ballard Estate, Mumbai, Maharashtra, 400001.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999MH1962SGC012501

  • Registration Number

    012501

  • Incorporation Date

    19 October 1962

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹14.50 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.50 Cr
  • Company Age 63 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 38.00 Cr
  • Revenue Growth **** -47.05%
  • Profit Growth **** -87.15%
  • Ebitda **** -127.73%
  • Net Worth 1.39%
  • Total Assets -17.14%
Company report

Maharashtra Small Scale Industries Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Small Scale Industries 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 Small Scale Industries Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Jagannath Pandharinath Dange Additional Director 30 Dec 2024 Current
Deependra Singh Kushwah Nominee Director 16 Nov 2022 Current
Jaideep Jogendra Kawade Nominee Director 29 Nov 2024 Current
Mohdtarique Mohdyunus Farooqui Nominee Director 01 Jul 2014 Current
Geetanjali Shriram Baviskar Nominee Director 06 Mar 2025 Current
Kunal Prakash Khemnar Nominee Director 17 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Jun 2010 Past
Pramod Abcsdd Managing Director 25 Feb 2025 Past
Pramod Abcsdd Director 14 Jun 2010 Past
Pramod Abcsdd Managing Director 20 Jan 2014 Past
Pramod Abcsdd Nominee Director 18 Feb 2019 Past
Pramod Abcsdd Nominee Director 29 Aug 2024 Past

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Financial Performance of Maharashtra Small Scale Industries Development Corporation.

Maharashtra Small Scale Industries Development Corporation Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 47.05% decrease. The company also saw a substantial fall in profitability, with a 87.15% decrease in profit. The company's net worth moved up by a moderate rise of 1.39%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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-47.05%
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Revenue from Operations
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-52.11%
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Total Assets
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-17.14%
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Profit or Loss
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-87.15%
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Net Worth
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1.39%
*******
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*******
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EBITDA
*******
-127.73%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Maharashtra Small Scale Industries Development Corporation?

In 2018, Maharashtra Small Scale Industries Development Corporation had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹380,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 33.00 Cr
  • Small Industries Development Bank Of India : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
27 May 1999 State Bank Of India ₹19.00 Cr Open
18 Oct 1998 State Bank Of India ₹1.75 Cr Open
18 Jun 1992 Small Industries Development Bank Of India ₹5.00 Cr Open
29 Apr 1991 State Bank Of India ₹10.00 Cr Open
30 Jan 1987 State Bank Of India ₹7.50 M Open

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How Many Employees Work at Maharashtra Small Scale Industries Development Corporation?

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

    Progress on Maharashtra Small Scale Industries Development Corporation Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Vikas Maruti Pansare was appointed as a Managing Director was appointed as a Managing Director on 25 Sep 2025 & has been associated with this company since 5 months 4 days . was recorded as a recent event.

  • Director Appointment

    The activity Smita Ratan Kharat was appointed as a Cfo was appointed as a Cfo on 26 Aug 2025 & has been associated with this company since 6 months 4 days . was completed.

  • Director Appointment

    Bhanudas Haribhau Palwe was appointed as a Nominee Director was appointed as a Nominee Director on 23 May 2025 & has been associated with this company since 9 months 7 days . was recorded as a recent event.

  • Director Appointment

    Progress on Geetanjali Shriram Baviskar was appointed as a Nominee Director was appointed as a Nominee Director on 06 Mar 2025 & has been associated with this company since 11 months 24 days . was documented.

  • Director Appointment

    Kunal Prakash Khemnar was appointed as a Nominee Director was appointed as a Nominee Director on 17 Feb 2025 & has been associated with this company since 1 year 10 days . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Maharashtra Small Scale Industries Development Corporation Limited?

The CIN of Maharashtra Small Scale Industries Development Corporation Limited is U74999MH1962SGC012501.

Where is Maharashtra Small Scale Industries Development Corporation Limited headquartered?

Maharashtra Small Scale Industries Development Corporation Limited is headquartered at Krupanidhi,9,W.H.Marge Ballard Estate, Mumbai, Maharashtra, 400001.

When was Maharashtra Small Scale Industries Development Corporation Limited incorporated?

Maharashtra Small Scale Industries Development Corporation Limited was incorporated on 19 October 1962.

Who are the current directors of Maharashtra Small Scale Industries Development Corporation Limited?

The current directors of Maharashtra Small Scale Industries Development Corporation Limited are

What is the primary industry of Maharashtra Small Scale Industries Development Corporation Limited?

The primary industry of Maharashtra Small Scale Industries Development Corporation Limited is Other Industry.

Is Maharashtra Small Scale Industries Development Corporation Limited a listed company?

Maharashtra Small Scale Industries Development Corporation Limited is unlisted.

What is the capital structure of Maharashtra Small Scale Industries Development Corporation Limited?

The authorized capital of Maharashtra Small Scale Industries Development Corporation Limited is ₹20.00 Cr, and the paid-up capital is ₹14.50 Cr.

What is the compliance status of Maharashtra Small Scale Industries Development Corporation Limited?

The compliance status of Maharashtra Small Scale Industries Development Corporation Limited is Compliant.

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