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Maha Rashtra Apex Corporation Ltd

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NSEBSE

140.201.75 (1.26%)

03:40 PM,3rd Oct 2023

138.70-0.95 (-0.68%)

04:01 PM,3rd Oct 2023

BSE : 523384

NSE : MAHAPEXLTD

Sector : Financials

ISIN Code : INE843B01013

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Last Updated: Oct 03 2023 | 04:01 PM IST

Market Cap (₹ Cr)

198

Turnover (₹ Cr)

0.02

Volume (Shares)

11167

Face Value

10

52-WK High

172.80

52-WK High Date

05 Jul 2023

52-WK Low

84.50

52-WK Low Date

31 Mar 2023

All Time High

270.00

All Time High Date

26 Apr 2018

All Time Low

1.00

All Time Low Date

02 Sep 2002

Maha Rashtra Apex Corporation Ltd

Maha Rashtra Apex Corporation (MACL) was incorporated as a banking company in Apr.'43 in the name of Maharashtra Apex Bank. Later in 1955 the branches were transferred to Canara Industrial and Banking Syndicate. The company was converted into a hire-purchase company and changed its name to the present one. It was promoted by the late Upendra Anantha Pai. T Ramesh U Pai is the Chairman of MACL and T Sudhakar Pai is the Managing Director. The group companies are ICDS Manipal Finance Corporation Canara Steel and Karnataka Consumer Products. The company came out with a rights issue of 42.55 shares -- at a premium of Rs 5/- with detachable warrants to consolidate its capital base and further augment its long-term resources and to broadbase and expand public holdings. The main activities of the company are lease and hire purchase automobile financing bill discounting corporate finance etc. The company plans to diversify into merchant banking OTCEI dealership stock exchange membership money changing business mutual funds etc. With respect to diversification and expansion MACL has promoted Manipal Home Finance for housing finance Manipal Share and Stock Brokers and Manipal Motors. It is also diversifying into telecom and cellular telephone services. In 1971 a company called General Investments Trusts was amalgamated with the company. In 1995-96 the company issued 3214260 warrants to the promoters of the company on preferential basis. These warrants were converted into equity shares and allotted in Nov.'95. Its subsidiary Karnataka Consumer Products changed its name to Kurlon during the year.During the year 1999-2000 the company diversified its activities and taking up the retail sale of almost all top mutual funds and has a strong network of around 100 branches. The company also took-up the agency of Western Union a reputed US Company which specialises in offering quick and efficient Money Transfer Service from abroad. It has tied-up with M/s Citicorp Finance (India) Ltd for doing business in Light and Heavy Commercial Vehicles and also with leading Amercian NBFC Associates to canvass business for them on commission basis.With a move to diversify the company had taken up the Marketing of Mutual Funds of reputed brands and also ventured into retail marketing of gold coins.

Maha Rashtra Apex Corporation Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

198

EPS - TTM (₹) [S]

2.22

P/E Ratio (X) [S]

1.93

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]72.46
P/B Ratio (₹) [S]1.93
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

134.55

148.00

Week Low/High

134.55

151.00

Month Low/High

121.10

155.00

Year Low/High

84.50

173.00

All time Low/High

0.34

270.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.07%-0.18%-0.66-0.69%
1 Month10.26%12.79%0.190.48%
3 Month-10.24%-10.59%0.471.07%
6 Month56.98%59.14%10.8412.25%
1 Year47.58%52.97%15.3615.64%
3 Year154.91%159.87%69.2971.05%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
27-03-2017JAYA SUDHAKAR PAIBSESELL50000067.20
27-03-2017JAYA SUDHAKAR PAIBSESELL50000067.20
27-03-2017METROPOLIS BUILDERS PVT LTDBSEBUY50000067.20
27-03-2017METROPOLIS BUILDERS PVT LTDBSEBUY50000067.20
31-01-2017PARAS NARESHCHANDRA BERAWALABSEBUY90000120.95
15-12-2016SURESHBHAI POPATBHAI BHANDERIBSESELL14000025.75

Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter62.54
Financial Institutions Banks0.01
Foreign Institutional Investors0.00
Insurance Companies0.00
Mutual Funds Uti0.00
Other Institutional Investors0.00
Indian Public32.84
Others Non Institutional Investors4.61
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

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Company Info

Company Information

Chairman & Independent Directo : K B Shetty

Company Sec. & Compli. Officer : J M Pandey

Independent Director : Jyothi V B

Managing Director : ASPI NARIMAN KATGARA

Director : Manjunath Manohar Singh

Director : Yazdin Jimmy Mistry

Independent Director : Vidya Mananjay More

Registered Office: 3rd Floor Front Wing North Blo, Manipal Centre 47 Dickenson Rd,Bangalore,Karnataka-560042 Ph: 91-820-2571021

Email:mrachl.ho@manipal.com

URL:http://www.maharashtraapex.com