Western Maharashtra Development Corpn Ltd - Company Profile

It is a financial services private limited company based in Pune, Maharashtra, India, established in 1970.

1970 Pune, Maharashtra, India Active

Last Updated: February 24, 2026

About Western Maharashtra Development Corpn Ltd

Western Maharashtra Development Corpn Ltd, a active private limited company, was established on 03 December 1970 in Pune, Maharashtra, India. Engaging in diversified financial services within the public services by government agencies sector, it holds CIN: U45209MH1970PTC014896. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.06 Cr.

It upholds a compliant status. Its leadership includes Vinod Sopanrao Mendhe (Director), Sanjana Sanjay Rasam (Director), Rajeev Vitthal Rajmane (Director). Past directors included Subrav Patil, Vishwanath Laxmanrao Rajale, Ashok Sahebrao Sawant. It holds ₹10.89 Cr open charges and no settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Kubera Chamberssecond Floor Shivajinagar, Pune, Maharashtra, 411005.

Company Details

CIN/LLPIN
U74900MH1970PTC014896
Registration Number
014896
Incorporation Date
03 December 1970
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹3.06 Cr
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 24-02-2026
Paid Up Capital ₹ 3.06 Cr as on 24-02-2026
Company Age 55 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 10.89 Cr as on 24-02-2026
Revenue Growth **** -9.85% (FY 2022)
Profit Growth **** -1.89% (FY 2022)
Ebitda **** 53.38% (FY 2022)
Net Worth 3.21% (FY 2022)
Total Assets **** 0.12% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Western Maharashtra Development Corpn 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 Western Maharashtra Development Corpn Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Vinod Sopanrao Mendhe	Director	31 Aug 2020	Current
Sanjana Sanjay Rasam	Director	05 Jan 2021	Current
Rajeev Vitthal Rajmane	Director	04 Oct 2023	Current
Ajit Tukaram Sasulkar	Director	06 Jun 2025	Current
Shubham Gupta	Managing Director	06 Jun 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	28 Feb 2014	Past
Pramod Abcsdd	Managing Director	28 Oct 2020	Past
Pramod Abcsdd	Managing Director	26 Feb 2015	Past
Pramod Abcsdd	Managing Director	31 Jan 2015	Past
Pramod Abcsdd	Director	04 May 2018	Past
Pramod Abcsdd	Director	27 Dec 2018	Past

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Financial Performance of Western Maharashtra Development Corpn.

Western Maharashtra Development Corpn Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 9.85% decrease. The company also saw a slight decrease in profitability, with a 1.89% decrease in profit. The company's net worth moved up by a moderate rise of 3.21%.

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

********

-9.85%

*******

Revenue from Operations

*******

85.60%

*******

Total Assets

*******

0.12%

*******

Profit or Loss

*******

-1.89%

*******

Net Worth

*******

3.21%

*******

EBITDA

*******

53.38%

*******

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What is the Ownership and Shareholding Structure of Western Maharashtra Development Corpn?

Unlock access to Western Maharashtra Development Corpn's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹108,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 10.89 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Feb 2021	Others	₹10.89 Cr	Open

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How Many Employees Work at Western Maharashtra Development Corpn?

Unlock and access historical data on people associated with Western Maharashtra Development Corpn, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Western Maharashtra Development Corpn, 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 Western Maharashtra Development Corpn's trajectory.

Rating

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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 Western Maharashtra Development Corpn

Recent Activity within the Organization

Annual General Meeting

The activity Western Maharashtra Development Corpn Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.
26 Sep 2025
Director Appointment

Ajit Tukaram Sasulkar was appointed as a Director was appointed as a Director on 06 Jun 2025 & has been associated with this company since 9 months 11 days . was recorded as a recent event.
06 Jun 2025
Director Appointment

Shubham Gupta was appointed as a Managing Director was appointed as a Managing Director on 06 Jun 2025 & has been associated with this company since 9 months 11 days . was recorded as a recent event.
06 Jun 2025
Balance Sheet

Progress on Western Maharashtra Development Corpn Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.
31 Mar 2025
Director Appointment

Progress on Rajeev Vitthal Rajmane was appointed as a Director was appointed as a Director on 04 Oct 2023 & has been associated with this company since 2 years 5 months . was documented.
04 Oct 2023
Charges

The activity A charge with Others amounted to Rs. 10.89 Cr with Charge ID 100425715 was registered on 22 Feb 2021. was completed.
22 Feb 2021

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Frequently Asked Questions

What is the CIN of Western Maharashtra Development Corpn Ltd?

The CIN of Western Maharashtra Development Corpn Ltd is U74900MH1970PTC014896.

Where is Western Maharashtra Development Corpn Ltd headquartered?

Western Maharashtra Development Corpn Ltd is headquartered at Kubera Chamberssecond Floor Shivajinagar, Pune, Maharashtra, 411005.

When was Western Maharashtra Development Corpn Ltd incorporated?

Western Maharashtra Development Corpn Ltd was incorporated on 03 December 1970.

Who are the current directors of Western Maharashtra Development Corpn Ltd?

The current directors of Western Maharashtra Development Corpn Ltd are

What is the primary industry of Western Maharashtra Development Corpn Ltd?

The primary industry of Western Maharashtra Development Corpn Ltd is Public Services By Government Agencies.

Is Western Maharashtra Development Corpn Ltd a listed company?

Western Maharashtra Development Corpn Ltd is unlisted.

What is the capital structure of Western Maharashtra Development Corpn Ltd?

The authorized capital of Western Maharashtra Development Corpn Ltd is ₹5.00 Cr, and the paid-up capital is ₹3.06 Cr.

What is the compliance status of Western Maharashtra Development Corpn Ltd?

The compliance status of Western Maharashtra Development Corpn Ltd is Compliant.

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