What is the price of Maharashtra Knowledge Corporation (MKCL) unlisted share?

We provide a two way quote on all the shares we deal in. Your buy price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹490 and your sell price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹370. The price is based on our estimates and market conditions.

How is the price of Maharashtra Knowledge Corporation (MKCL) calculated?

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Maharashtra Knowledge Corporation (MKCL) unlisted share.

What are the lot sizes for Maharashtra Knowledge Corporation (MKCL) unlisted shares?

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Maharashtra Knowledge Corporation (MKCL) unlisted shares with us kindly click here.

What are the financials of Maharashtra Knowledge Corporation (MKCL)?

The financials of Maharashtra Knowledge Corporation (MKCL) which includes the P/L of Maharashtra Knowledge Corporation (MKCL) and the Balance Sheet of Maharashtra Knowledge Corporation (MKCL) is in the financials section.

Where can I find the annual report of Maharashtra Knowledge Corporation (MKCL)?

The annual report of Maharashtra Knowledge Corporation (MKCL) is available in the annual report section.

What is the lock-in period of Maharashtra Knowledge Corporation (MKCL) unlisted share?

The minimum lock-in period of Maharashtra Knowledge Corporation (MKCL) unlisted share is 1 year post the listing date. Prior to listing the shares can be sold in the active unlisted market. We provide a two way quote on all the shares we deal in. Your buy price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹490 and your sell price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹370.

Altius Investech - Buy Sell Unlisted Shares of Maharashtra Knowledge Corporation (MKCL)

Maharashtra Knowledge Corporation (MKCL)

INE03KR01016

Listing Status: DRHP Not Filed

Buy Sell

Price

Buy Price: 490

Sell Price: 370

Updated on 22-09-2023

52 week High

540

52 Week Low

343

1W 1M 1Y MAX

Corporate Action of Maharashtra Knowledge Corporation (MKCL)

About Maharashtra Knowledge Corporation (MKCL)

Maharashtra Knowledge Corporation Limited (MKCL) is engaged in the business of providing educational courses, skill development courses namely, MS-CIT (Maharashtra State Certificate in Information Technology) and MKCL’s WAVE, KLIC. The company also offers services through own admission, examination and recruitment software frameworks and MKCL’s Online Application Solutions and Integrated Services (MKCL’s OASIS). The company was incorporated in 2001 and has its registered office located in Pune, Maharashtra.

Overview of Maharashtra Knowledge Corporation (MKCL)

Maharashtra Knowledge Corporation Limited CIN U80302 PN2001 PLC135348 (”The Company or the parent”) is an unlisted public company incorporated in India having its registered office at ICC Trade Tower, ‘A’ Wing 5th Floor, Senapati Bapat Road, Shivajinagar, Pune 411016, Maharashtra, India. The Company was promoted by the Department of Higher and Technical Education (H & TE), Government of Maharashtra (GoM), India and was incorporated under the Companies Act, 1956 on 20th August, 2001 as a Public Limited Company.

MKCL is a high tech initiative by Government of Maharashtra in design, development and delivery of eLearning, eGovernance, and eEmpowerment programs, technologies, solutions and services and has proven experience in the said fields.

The Consolidated Financial Statements (CFS) comprise of financial statements of Maharashtra Knowledge Corporation Limited i.e. MKCL (the ‘Company’) for the year ended 31st March, 2020 and its joint ventures. The company is primarily engaged in the business of IT literacy, IT skill development, Digital University, eGovernance and related IT services.

Insights of Maharashtra Knowledge Corporation (MKCL)

Total Income for the year ended March 31, 2021 amounted to Rs.10,489.02 Lakhs as against Rs.20,076.48 Lakhs for the

corresponding previous year, the decrease in total Income is Rs. 9,587.46 Lakhs i.e. 47.75% over last year.

Revenue from operations for the F.Y.2020-21 is Rs.6,837.70 Lakhs as against Rs.15,790.37 Lakhs in the previous F.Y.2019-20

i.e. decrease by Rs.8,952.67 Lakhs. The main reason for decrease in revenue is COVID-19 pandemic situation resulting into

lockdown and restrictions being imposed in the state of Maharashtra by the State and local authorities from time to time.

Hence, all our Authorized Learning Centers (ALCs) were closed during period of lockdown. As a result of lockdown and

subsequent restrictions, there was a major decline in MS-CIT admissions for F.Y. 2020-21. The total learners count in F.Y.

2020-21 was 3,17,532 learners as against learner count of 6,96,618 in F.Y. 2019-20, so there was a comparative short fall of

3,79,086 Learners in F.Y. 2020-21 as compared to F.Y. 2019-20 which has resulted in decline in revenue by Rs. 5,269.30 lakhs.

Another reason for decrease in revenue is due to closure of learning centers in Bihar, due to the COVID-19 pandemic,

where your Company is implementing the Skill Development Program under Bihar Skill Development Mission (BSDM). This

has resulted into decline in learners count under ‘Kushal Yuva Program’ by 3,85,335 i.e. total 2,072 count in F.Y. 2020-21 as

compared to 3,87,407 in F.Y. 2019-2020. Consequently, the revenue has dropped by approximately by Rs.3,192.29 lakhs in

F.Y. 2020-21 as against the segment revenue of Rs.3,317.28 lakhs of F.Y. 2019-2020.

The Learner count for KLiC courses has decreased from 70,720 learners in F.Y.2019-20 to 35,837 Learners in F.Y.2020-21 i.e.

decrease by 34,883 learners which is 49.33% decrease as compared to previous F.Y. This has resulted in to decline in revenue

by approximately Rs.279.06 lakhs.

The ‘Other Income’ has decreased from Rs.4,286.11 Lakhs in F.Y. 2019-20 to Rs.3,651.32 Lakhs in F.Y.2020-21 i.e. decrease

by Rs.634.79 Lakhs. In F.Y. 2019-2020, the company had higher ‘Other Income’ due to repatriation of funds from MKCL

International FZE (the liquidated foreign subsidiary) considered as dividend amounting to Rs. 1,490.14 Lakhs.

The ‘Other expenses’ of the Company has comparatively decreased from Rs.1,106.70 Lakhs in F.Y.2019-20 to Rs.712.74

Lakhs in F.Y.2020-21 i.e. decrease by Rs.393.96 Lakhs. The main reason for decrease in ‘Other expenses’ is that in F.Y. 2019-

20, Company had written-off investments in Equity share capital of Rs.199.99 lakhs in MKCL Knowledge Foundation (100%

Subsidiary) as it is a ‘Not for Profit’ Company (Section 8 Company) and there is no future economic benefit to be received

from the Section 8 Company. Further, due to the Nationwide lockdown initially and later Governmental directives to allow

employees to ’Work from Home’ (WFH), there was reduction in operational administrative overheads of around Rs.148

lakhs in expenses like communication expenses, electricity expenses, maintenance expenses, travelling, etc. Further, in

view of the option of WFH exercised by majority of the employees, to optimize resources in this exceptional situation, the

Company discontinued the rental premises on 6th Floor of ICC Trade Tower, Pune in January 2021. This also has resulted in

reduction of maintenance and operational expenses.

Balance Sheet of Maharashtra Knowledge Corporation (MKCL)

in Rs. Cr.

Profit and Loss of Maharashtra Knowledge Corporation (MKCL)

in Rs. Cr.

Shareholdings of Maharashtra Knowledge Corporation (MKCL)

Management of Maharashtra Knowledge Corporation (MKCL)

VEENA VIDYADHAR KAMATH - Managing Director

Shareholding in the company - 0.23 %

KOMAL ABHIJEET CHAUBAL - Company Secretary

Shareholding in the company - 0.08 %

MANOJ NARVEKAR DINKAR - Chief Financial Officer

ABHA SHUKLA - Nominee Director

SUHAS RAGHUNATH PEDNEKAR - Director

ETAKULA VAYUNANDAN - Director

ANANT VITHAL SARDESHMUKH - Director

GIRISH SOHANI GHANSHYAM - Director

RAJARAM BAPUSAHEB DESHMUKH - Director

CHARUDATTA DIGAMBAR MAYEE - Director

DEEPAK BHASKAR PHATAK - Director

ANIL PURUSHOTTAM KAKODKAR - Director

Ancillary of Maharashtra Knowledge Corporation (MKCL)

Ratio Analysis

Peers

Industry Benchmarking

Segment Revenue

Subsidaries

Security Allotment

Corporate Governance

Press of Maharashtra Knowledge Corporation (MKCL)

Annual Report of Maharashtra Knowledge Corporation (MKCL)

Maharashtra Knowledge Corporation (MKCL) Annual Report 2022-23

Maharashtra Knowledge Corporation (MKCL) Annual Report 2021-22

Maharashtra Knowledge Corporation (MKCL) Annual Report 2020-21

Maharashtra Knowledge Corporation (MKCL) Annual Report 2019-20

Maharashtra Knowledge Corporation (MKCL) Annual Report 2018-19

Maharashtra Knowledge Corporation (MKCL) Annual Report 2017-18

Company Information of Maharashtra Knowledge Corporation (MKCL)

Can I buy unlisted shares of Maharashtra Knowledge Corporation (MKCL)?

Yes, you can buy Maharashtra Knowledge Corporation (MKCL) shares. We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy share of Maharashtra Knowledge Corporation (MKCL) Please click on the trade button at the top of this page
Can I sell unlisted shares of Maharashtra Knowledge Corporation (MKCL)?

Yes, you can sell Maharashtra Knowledge Corporation (MKCL) shares. We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded (Click on link). To submit a request to sell shares of Maharashtra Knowledge Corporation (MKCL) Please click on the trade button at the top of this page
What is the price of Maharashtra Knowledge Corporation (MKCL) unlisted share?

We provide a two way quote on all the shares we deal in. Your buy price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹490 and your sell price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹370. The price is based on our estimates and market conditions.
How is the price of Maharashtra Knowledge Corporation (MKCL) calculated?

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Maharashtra Knowledge Corporation (MKCL) unlisted share.
What are the lot sizes for Maharashtra Knowledge Corporation (MKCL) unlisted shares?

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Maharashtra Knowledge Corporation (MKCL) unlisted shares with us kindly click here.
What are the financials of Maharashtra Knowledge Corporation (MKCL)?

The financials of Maharashtra Knowledge Corporation (MKCL) which includes the P/L of Maharashtra Knowledge Corporation (MKCL) and the Balance Sheet of Maharashtra Knowledge Corporation (MKCL) is in the financials section (Click on link).
Where can I find the annual report of Maharashtra Knowledge Corporation (MKCL)?

The annual report of Maharashtra Knowledge Corporation (MKCL) is available in the annual report section (Click on link).
What is the lock-in period of Maharashtra Knowledge Corporation (MKCL) unlisted share?

The minimum lock-in period of Maharashtra Knowledge Corporation (MKCL) unlisted share is 1 year post the listing date. Prior to listing the shares can be sold in the active unlisted market. We provide a two way quote on all the shares we deal in. Your buy price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹490 and your sell price for Maharashtra Knowledge Corporation (MKCL) unlisted share is ₹370.

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