Maharashtra Small Scale Industries Development Corporation Limited Company Logo

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. 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 25 September 2024, 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

  • 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

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 14.50 Cr
  • Company Age 63 Year, 1 Month
  • 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

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

NameDesignationAppointment DateStatus
Jagannath Pandharinath DangeAdditional Director30 Dec 2024Current
Deependra Singh KushwahNominee Director16 Nov 2022Current
Jaideep Jogendra KawadeNominee Director29 Nov 2024Current
Mohdtarique Mohdyunus FarooquiNominee Director01 Jul 2014Current
Geetanjali Shriram BaviskarNominee Director06 Mar 2025Current
Kunal Prakash KhemnarNominee Director17 Feb 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector04 Jun 2010Past
Pramod AbcsddManaging Director25 Feb 2025Past
Pramod AbcsddDirector14 Jun 2010Past
Pramod AbcsddManaging Director20 Jan 2014Past
Pramod AbcsddNominee Director18 Feb 2019Past
Pramod AbcsddNominee Director29 Aug 2024Past

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

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.

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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

DateLenderAmountStatus
27 May 1999State Bank Of India₹19.00 CrOpen
18 Oct 1998State Bank Of India₹1.75 CrOpen
18 Jun 1992Small Industries Development Bank Of India₹5.00 CrOpen
29 Apr 1991State Bank Of India₹10.00 CrOpen
30 Jan 1987State Bank Of India₹7.50 MOpen

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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 growth trends for Maharashtra Small Scale Industries Development Corporation Limited

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

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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 Small Scale Industries Development Corporation

Recent Activity within the Organization

  • Director Appointment

    Smita Ratan Kharat was appointed as a Cfo was appointed as a Cfo on 26 Aug 2025 & has been associated with this company since 3 months . was recorded as a recent event.

  • Director Appointment

    The activity 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 6 months 4 days . was completed.

  • Director Appointment

    Progress on Nidhi Pandey was appointed as a Managing Director was appointed as a Managing Director on 02 Apr 2025 & has been associated with this company since 7 months 24 days . was documented.

  • Director Appointment

    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 8 months 20 days . was recorded as a recent event.

  • Director Appointment

    Progress on 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 9 months 7 days . was documented.

  • Annual General Meeting

    Maharashtra Small Scale Industries Development Corporation Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was recorded as a recent event.

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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