Maharashtra State Powerlooms Corporation Limited - Company Profile

It is a manufacturing private limited state government company based in Thane, Maharashtra, India, established in 1972.
1972 Thane, Maharashtra, India Active
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About Maharashtra State Powerlooms Corporation Limited

Maharashtra State Powerlooms Corporation Limited, a active private limited state government company, was established on 01 February 1972 in Thane, Maharashtra, India. Engaging in textile & fabric production within the trade sector, it holds CIN: U51504MH1972SGC015583. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹19.91 Cr.

It upholds a compliant status. Its leadership includes Shrikrishna Baburao Pawar (Managing Director), Sanjay Bhayyaji Daine (Director), Sangita Dinesh Shelke (Director). Past directors included Dushyant Lakharam Sidam, Narendra Jain, Parrag Jaiin Nainutia. It holds ₹3.26 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 Handloom Haveli , 1St Floor Saiprasad Shopping Complex,, Sector , Plot No 17 , Near Sarsole Bus Depot, Thane, Maharashtra, 400706.

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

    U51504MH1972SGC015583

  • Registration Number

    015583

  • Incorporation Date

    01 February 1972

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹19.91 Cr

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.91 Cr
  • Company Age 54 Year, 29 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.26 Cr
  • Revenue Growth **** 62.44%
  • Profit Growth **** -70.39%
  • Ebitda **** 54.20%
  • Net Worth 119.78%
  • Total Assets **** 34.24%
Company report

Maharashtra State Powerlooms Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra State Powerlooms 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 State Powerlooms Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Shrikrishna Baburao Pawar Managing Director 01 Jun 2023 Current
Sanjay Bhayyaji Daine Director 29 Jan 2025 Current
Sangita Dinesh Shelke Director 18 Aug 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 04 Jul 2011 Past
Pramod Abcsdd Managing Director 20 Jul 2009 Past
Pramod Abcsdd Director 20 Jun 2011 Past
Pramod Abcsdd Director 05 Nov 2008 Past
Pramod Abcsdd Director 13 Aug 2014 Past
Pramod Abcsdd Director 19 Jan 2019 Past

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Financial Performance of Maharashtra State Powerlooms Corporation.

Maharashtra State Powerlooms Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.44% increase. The company also saw a substantial fall in profitability, with a 70.39% decrease in profit. The company's net worth Soared by an impressive increase of 119.78%.

Maharashtra State Powerlooms Corporation revenue growth over time
Maharashtra State Powerlooms 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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 62.44%
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Revenue from Operations
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 65.44%
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Total Assets
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 34.24%
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Profit or Loss
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 -70.39%
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Net Worth
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 119.78%
*******
*******
*******
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EBITDA
*******
 54.20%
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What is the Ownership and Shareholding Structure of Maharashtra State Powerlooms Corporation?

In 2023, Maharashtra State Powerlooms Corporation had a promoter holding of 100.00%. 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

₹32,635,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Syndicate Bank : 3.26 Cr
Latest Charge Details
Date Lender Amount Status
23 Jul 2015 Syndicate Bank ₹3.26 Cr Open

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How Many Employees Work at Maharashtra State Powerlooms Corporation?

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

    The activity Maharashtra State Powerlooms Corporation Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Sangita Dinesh Shelke was appointed as a Director was appointed as a Director on 18 Aug 2025 & has been associated with this company since 6 months 14 days . was completed.

  • Director Appointment

    Sharad Dattatray Aphale was appointed as a Company Secretary was appointed as a Company Secretary on 09 Apr 2025 & has been associated with this company since 10 months 22 days . was recorded as a recent event.

  • Director Appointment

    Progress on Sanjay Bhayyaji Daine was appointed as a Director was appointed as a Director on 29 Jan 2025 & has been associated with this company since 1 year 1 month . was documented.

  • Balance Sheet

    The activity Maharashtra State Powerlooms Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii. was completed.

  • Director Appointment

    Shrikrishna Baburao Pawar was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2023 & has been associated with this company since 2 years 9 months . was recorded as a recent event.

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

The CIN of Maharashtra State Powerlooms Corporation Limited is U51504MH1972SGC015583.

Where is Maharashtra State Powerlooms Corporation Limited headquartered?

Maharashtra State Powerlooms Corporation Limited is headquartered at Handloom Haveli , 1St Floor Saiprasad Shopping Complex,, Sector , Plot No 17 , Near Sarsole Bus Depot, Thane, Maharashtra, 400706.

When was Maharashtra State Powerlooms Corporation Limited incorporated?

Maharashtra State Powerlooms Corporation Limited was incorporated on 01 February 1972.

Who are the current directors of Maharashtra State Powerlooms Corporation Limited?

The current directors of Maharashtra State Powerlooms Corporation Limited are

What is the primary industry of Maharashtra State Powerlooms Corporation Limited?

The primary industry of Maharashtra State Powerlooms Corporation Limited is Trade.

Is Maharashtra State Powerlooms Corporation Limited a listed company?

Maharashtra State Powerlooms Corporation Limited is unlisted.

What is the capital structure of Maharashtra State Powerlooms Corporation Limited?

The authorized capital of Maharashtra State Powerlooms Corporation Limited is ₹20.00 Cr, and the paid-up capital is ₹19.91 Cr.

What is the compliance status of Maharashtra State Powerlooms Corporation Limited?

The compliance status of Maharashtra State Powerlooms Corporation Limited is Compliant.

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