Maharashtra Knowledge Corporation Limited Unlisted Shares
In the sprawling landscape of India’s diverse states, Maharashtra stands out for its entrepreneurial spirit and unwavering commitment to progress. Yet, within this bustling realm lies a silent divide – a gap between knowledge and opportunity, aspiration and fulfillment. Bridging this chasm is the mission of Maharashtra Knowledge Corporation Limited (MKCL), a unique public limited company established by the Department of Higher and Technical Education, Government of Maharashtra.
Maharashtra Knowledge Corporation Limited (MKCL) 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.
MKCL commenced its business operations in April 2002 over the entire state of Maharashtra ( the most industrialized state in India admeasuring about 300,000 sq. km. and having the population exceeding 100 million) and in a span of seventeen years it has emerged as a high-tech and high-touch initiative focused on design, development, and delivery of innovative eLearning, eGovernance, and empowerment technologies, solutions, and services to its ever-growing base of millions of customers in public at large, Universities, Governments, and Communities.
MKCL envisioned a state empowered by readily accessible knowledge and essential services. This ambitious vision translated into a multi-pronged approach:
Education Revolution: MKCL spearheads an educational revolution through its iconic KLiC (Knowledge Lit Careers) brand. By collaborating with ten leading universities in the state, it offers industry-aligned vocational courses, bridging the gap between academic qualifications and skill sets demanded by the market. Over 5,000 Authorized Learning Centers (ALCs) across Maharashtra deliver these courses, ensuring accessibility for even the most remote communities.
Governance Reinvention: MKCL champions digital governance, streamlining administrative processes and enhancing transparency. Its SDDMS (Skill Development Data Management System) platform empowers skill development missions to manage activities efficiently and effectively. MKCL Libreria, an end-to-end library management software, enhances the functionality of libraries across the state.
Empowering Individuals: MKCL’s reach extends beyond institutions, directly impacting individuals. Its PFM (Personal Financial Management) course equips citizens with financial literacy, enabling informed financial decisions. TiliMili, a Doordarshan series, makes learning engaging and interactive for students from primary to secondary levels.
The Impactful Tapestry:
MKCL’s footprint weaves a rich tapestry of achievements:
Over 1 crore university students have benefited from MKCL’s educational e-Governance services.
More than 1.5 crore learners have accessed digital empowerment through the MS-CIT (Maharashtra State Certificate in Information Technology) course.
MKCL’s network of authorized learning centers employs over 25,000 trainers, generating sustainable livelihoods and contributing to local economies.
Beyond Numbers, an Impact:
However, MKCL’s impact transcends mere numbers. It ignites the spark of knowledge in young minds, fosters inclusive economic growth, and equips individuals with the tools to navigate the modern world. For rural students, an MKCL ALC might represent the only access to quality education. For underprivileged communities, its financial literacy programs pave the way for financial independence.
Looking Ahead:
MKCL’s journey is far from over. Its future plans envision:
Expanding its KLiC offerings to address emerging industry needs and skill gaps.
Forging strategic partnerships with international institutions to further enhance educational offerings.
Leveraging cutting-edge technologies like Artificial Intelligence and Virtual Reality to create immersive learning experiences.
A Beacon of Hope:
Maharashtra Knowledge Corporation Limited stands as a beacon of hope in the pursuit of a knowledge-driven Maharashtra. By democratizing access to education, skills training, and essential services, it empowers individuals and communities, paving the way for a brighter, more inclusive future. As MKCL continues its unwavering journey, its transformative impact echoes across the state, whispering a promise: to bridge the divide, one step, one empowered individual at a time
In order to make the capabilities of MKCL available to all the departments of Government of Maharashtra, governmental coordination of the affairs of the company has been handed over from January 05, 2018, to the General Administration Department (GAD) from Department of Higher & Technical Education. Subsequently, it was allocated to the Directorate of Information Technology under GAD.
Maharashtra Knowledge Corporation (MKCL) Limited Unlisted Shares Details:
Total Available Shares: | 1,000 |
Face Value: | ₹ 10 Per Equity Share |
ISIN: | INE03KR01016 |
Lot Size: | 100 Shares |
Current Unlisted Share Price: | ₹ Best In Industry Per Equity Share |
Promoters And Management:
Shareholding Pattern:
Top 10 Shareholders as on 31.03.2020
Name | No. of Shares | % of Total Shares |
Dr. Babasaheb Ambedkar Marathwada University, Aurangabad | 3,70,000 | 4.58 |
Savitribai Phule Pune University | 3,70,000 | 4.58 |
University of Mumbai | 3,70,000 | 4.58 |
Sant Gadgebaba Amravati University, Amravati | 3,70,000 | 4.58 |
Rashtrasant Tukadoji Maharaj Nagpur University | 3,70,000 | 4.58 |
Shivaji University, Kolhapur | 3,10,000 | 3.84 |
Yahswantrao Chavan Maharashtra Open University | 1,85,000 | 2.29 |
Swami Ramanand Teerth Marathwada University, Nanded | 1,85,000 | 2.29 |
North Maharashtra University, Jalgaon | 1,85,000 | 2.29 |
Secretary, Maharashtra State Board of Technical Education | 1,85,000 | 2.29 |
Mehmooda Shikshan & Mahila Gramin Bahuuddeshiya Sanstha | 1,85,000 | 2.29 |
Financials of Maharashtra Knowledge Corporation (MKCL) Limited Unlisted Shares:
(Fig. in Lakhs)
Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS | NW | RONW |
2016 | 16195 | 5019 | 31% | 3122 | 19% | 80.80 | 10 | 38 | 22,262 | 14% |
2017 | 14394 | 3914 | 27% | 2612 | 18% | 80.80 | 10 | 32 | 24,679 | 11% |
2018 | 17663 | 4845 | 27% | 3282 | 19% | 80.80 | 10 | 40 | 28,226 | 12% |
2019 | 19007 | 6291 | 33% | 4507 | 24% | 80.80 | 10 | 55 | 32,487 | 14% |
2020 | 20076 | 7319 | 36% | 6797 | 33% | 80.80 | 10 | 65 | 39042 | 17% |
Company Address:
Maharashtra Knowledge Corporation Limited (MKCL) Unlisted Share – Company Overview
MAHARASHTRA KNOWLEDGE CORPORATION LIMITED was established by the Department of Higher and Technical Education, Government of Maharashtra. Maharashtra Knowledge Corporation Limited started its operations in April 2020 in Maharashtra. It offers education, governance and empowerment solutions and services to a very large population with various diversities with high quality of relevance and applicability in life and works at an affordable cost.
In 18 years, it has emerged as a high-touch and high-tech initiative focused on the development, design and delivery of eGovernance, eLearning, and empowerment technologies, solutions and services to its ever-growing base of millions of customers in public at large, Communities, Universities and Government. Maharashtra Knowledge Corporation Limited comprises a network of Authorized Learning Centres (ALCs). These learning centres have been established by small and medium IT entrepreneurs and educational enterprises spread across the whole of Maharashtra. The company runs Channel Partner Network Management Program to execute various activities across the state. The company has the largest network of IT training centres in India. It has more than 5000 Authorized learning centres. More than 70 Lakh students have benefited from the services of the company. It has also helped in providing employment to 25000+ people.
Maharashtra Knowledge Corporation Limited Incorporation Details
CIN of Maharashtra Knowledge Corporation Limited |
U80302PN2001PLC135348 |
Registration Date of Maharashtra Knowledge Corporation Limited |
20 August 2001 |
Maharashtra Knowledge Corporation Limited Registered office address and contact details |
ICC Trade Towers, ‘A’ Wing, 5th Floor, Senapati
Bapat Road, Shivaji Nagar, Pune 411 016, Maharashtra, India. Contact no.: 020 4011 4500 |
Maharashtra Knowledge Corporation Limited Registrar and Transfer Agent address and contact details |
Alankit Assignments Limited
RTA & DP Division Alankit Hosue”, 4E/2, Jhandewalan Extension, New Delhi-110055 Tel.: 011-42541234 / 23541234 |
Maharashtra Knowledge Corporation Limited Principal Business Activities
Name and Description of main products/services | NIC Code of the product/service | % to total turnover of the Company |
Educational Courses, Skill Development Courses | 8522 | 62.20% |
Services through Admission, Examination and Recruitment Software Frameworks | 6311 | 37.80% |
Maharashtra Knowledge Corporation Limited Board of Directors
Dr Anil Kakodkar (Chairman & Independent Directors)
Dr Deepak Phatak (Independent Director)
Dr Charudatta Mayee (Independent Director)
Dr Rajaram Deshmukh (Independent Director)
Dr Anant Sardeshmukh (Independent Director)
Mr Girish Sohani (Independent Director)
Ms. Veena Kamath (Managing Director)
Professor E. Vayunandan (University Representatives)
Professor Suhas Pednekar (University Representatives)
Maharashtra Knowledge Corporation Particulars of Subsidiary and Associate Companies
Name of the Company | Subsidiary/Associate | % of shares held |
MKCL Knowledge Foundation | Subsidiary | 100% |
Rajasthan Knowledge Corporation Limited | Associate | 30% |
Odisha Knowledge Corporation Limited | Associate | 50% |
Haryana Knowledge Corporation Limited | Associate | 30% |
MKCL Arabia Limited | Associate | 50% |
Maharashtra Knowledge Corporation Limited Shareholding Pattern (As of 31-03-2020)
S. No. | Shareholders’ Name | Number of shares | % of total Shares of the company |
1 | Government of Maharashtra (Promoter) | 30,00,000 | 37.13% |
2 | Public Shareholding | 50,80,195 | 62.86% |
Total | 80,80,195 | 100.00% |