The Maharashtra Agro Industries Development Corporation Limited - Company Profile

It is a agriculture private limited state government company based in Mumbai, Maharashtra, India, established in 1965.
1965 Mumbai, Maharashtra, India Active
Last Updated:
Access Report
About The Maharashtra Agro Industries Development Corporation Limited

The Maharashtra Agro Industries Development Corporation Limited, a active private limited state government company, was established on 15 December 1965 in Mumbai, Maharashtra, India. Engaging in fertilizers & soil enhancers within the agriculture, forestry, fishing sector, it holds CIN: U05000MH1965SGC013380. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹8.00 Cr and a paid-up capital of ₹5.50 Cr.

It upholds a compliant status. Employing 220 professional, Its leadership includes Mangesh Manohar Gondavale (Managing Director), Ashish Nandkishore Jaiswal (Additional Director), Suraj Dinkarrao Mandhare (Additional Director). Past directors included Suhas Krishna Diwase, Eknath Rajaram Dawale, Dhananjay Panditrao Munde. It holds no open charges and ₹60.52 Cr settled loans. Its latest AGM occurred on 12 September 2023, with the balance sheet filed on 31 March 2023. It is based at Krushi Udyog Bhavan, Aarey Milk Colony, Dinkarrao Desai Marg, Goregaon East,, Mumbai, Maharashtra, 400065.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U05000MH1965SGC013380

  • Registration Number

    013380

  • Incorporation Date

    15 December 1965

  • Authorized Capital

    ₹8.00 Cr

  • Paid-Up Capital

    ₹5.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 60 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 60.52 Cr
  • Revenue Growth **** -17.68%
  • Profit Growth **** 15934.18%
  • Ebitda **** -18.36%
  • Net Worth 1.90%
  • Total Assets **** 18.65%
Company report

The Maharashtra Agro Industries Development Corporation Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into The Maharashtra Agro 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.

Access Report Banner Element
Who are the key members and board of directors at The Maharashtra Agro Industries Development Corporation Limited?
Current Directors
Name Designation Appointment Date Status
Mangesh Manohar Gondavale Managing Director 01 Sep 2023 Current
Ashish Nandkishore Jaiswal Additional Director 07 Mar 2025 Current
Suraj Dinkarrao Mandhare Additional Director 07 Mar 2025 Current
Vikas Chandra Rastogi Additional Director 07 Mar 2025 Current
Suresh Balkrushna Sonavane Manager 16 Sep 2016 Current
Dattatraya Vithoba Bharane Additional Director 31 Jul 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Jul 2020 Past
Pramod Abcsdd Director 12 Jun 2023 Past
Pramod Abcsdd Director 07 Mar 2025 Past
Pramod Abcsdd Director 04 Jun 2016 Past
Pramod Abcsdd Director 01 Nov 2014 Past
Pramod Abcsdd Director 29 Jun 2022 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of The Maharashtra Agro Industries Development Corporation.

The Maharashtra Agro Industries Development Corporation Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 17.68% decrease. The company also saw a substantial improvement in profitability, with a 15934.18% increase in profit. The company's net worth moved up by a moderate rise of 1.9%.

The Maharashtra Agro Industries Development Corporation revenue growth over time
The Maharashtra Agro 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
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
********
 -17.68%
*******
*******
*******
*******
Revenue from Operations
*******
 -19.62%
*******
*******
*******
*******
Total Assets
*******
 18.65%
*******
*******
*******
*******
Profit or Loss
*******
 15934.18%
*******
*******
*******
*******
Net Worth
*******
 1.90%
*******
*******
*******
*******
EBITDA
*******
 -18.36%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of The Maharashtra Agro Industries Development Corporation?

In 2021, The Maharashtra Agro 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹605,219,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 40.00 Cr
  • Indian Bank : 20.52 Cr
Latest Charge Details
Date Lender Amount Status
04 Jun 2009 Indian Bank ₹5.22 M Satisfied
28 May 2007 Indian Bank ₹10.00 Cr Satisfied
27 Apr 2007 Indian Bank ₹10.00 Cr Satisfied
10 Jan 2005 State Bank Of India ₹20.00 Cr Satisfied
04 Jan 2005 State Bank Of India ₹20.00 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at The Maharashtra Agro Industries Development Corporation?

The Maharashtra Agro Industries Development Corporation has a workforce of 220 employees as of Apr 01, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Maharashtra Agro 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 The Maharashtra Agro 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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on The Maharashtra Agro Industries Development Corporation
Recent Activity within the Organization
  • Director Appointment

    The activity Dattatraya Vithoba Bharane was appointed as a Additional Director was appointed as a Additional Director on 31 Jul 2025 & has been associated with this company since 6 months 4 days . was completed.

  • Director Appointment

    Progress on Ashish Nandkishore Jaiswal was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2025 & has been associated with this company since 10 months 27 days . was documented.

  • Director Appointment

    Suraj Dinkarrao Mandhare was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2025 & has been associated with this company since 10 months 27 days . was recorded as a recent event.

  • Director Appointment

    Vikas Chandra Rastogi was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2025 & has been associated with this company since 10 months 27 days . was recorded as a recent event.

  • Annual General Meeting

    The activity The Maharashtra Agro Industries Development Corporation Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records. was completed.

  • Director Appointment

    Mangesh Manohar Gondavale was appointed as a Managing Director was appointed as a Managing Director on 01 Sep 2023 & has been associated with this company since 2 years 5 months . was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of The Maharashtra Agro Industries Development Corporation Limited?

The CIN of The Maharashtra Agro Industries Development Corporation Limited is U05000MH1965SGC013380.

Where is The Maharashtra Agro Industries Development Corporation Limited headquartered?

The Maharashtra Agro Industries Development Corporation Limited is headquartered at Krushi Udyog Bhavan, Aarey Milk Colony, Dinkarrao Desai Marg, Goregaon East,, Mumbai, Maharashtra, 400065.

When was The Maharashtra Agro Industries Development Corporation Limited incorporated?

The Maharashtra Agro Industries Development Corporation Limited was incorporated on 15 December 1965.

Who are the current directors of The Maharashtra Agro Industries Development Corporation Limited?

The current directors of The Maharashtra Agro Industries Development Corporation Limited are

What is the primary industry of The Maharashtra Agro Industries Development Corporation Limited?

The primary industry of The Maharashtra Agro Industries Development Corporation Limited is Agriculture, Forestry, Fishing.

Is The Maharashtra Agro Industries Development Corporation Limited a listed company?

The Maharashtra Agro Industries Development Corporation Limited is unlisted.

What is the capital structure of The Maharashtra Agro Industries Development Corporation Limited?

The authorized capital of The Maharashtra Agro Industries Development Corporation Limited is ₹8.00 Cr, and the paid-up capital is ₹5.50 Cr.

What is the compliance status of The Maharashtra Agro Industries Development Corporation Limited?

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

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available