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Maharashtra Knowledge Corporation Ltd (MKCL) Unlisted Shares
Maharashtra Knowledge Corporation Ltd (MKCL) Unlisted Shares
Education
*The above chart is presented for indicative purposes only and may not be accurate. The figures represented above are taken on an average basis, and may or may not match with the prevailing situation. Users are requested to not completely rely on the above chart and to consult an independent financial adviser and to take their investment decisions.
Overview
Maharashtra Knowledge Corporation Limited (MKCL) | MKCL Unlisted Shares
1. Promoters & Incorporation
Maharashtra Knowledge Corporation Limited (MKCL) was founded under the leadership of the Department of Higher and Technical Education, Government of Maharashtra. In January 2018, the Government transferred the coordination of MKCL’s activities to the General Administration Department (GAD) to ensure closer integration across government departments.
The company is registered as a public limited entity under CIN U80302PN2001PLC135348, with its corporate headquarters located at ICC Trade Tower, Pune.
2. Vision, Business Model & Core Offerings
MKCL’s mission is to drive digital empowerment, eLearning, and eGovernance across India through technology-led platforms.
The company designs, develops, and delivers integrated IT solutions focusing on:
- Mass IT literacy and digital inclusion
- University digital transformation
- Skill development programs
- eGovernance systems for state departments
- International education and training initiatives
Its flagship program, MS-CIT, is one of India’s largest IT literacy courses, and MKCL also runs several professional and vocational learning programs under its “KLiC” brand and other digital skilling initiatives.
3. Scale, Reach & Impact
MKCL has built one of India’s largest digital learning ecosystems:
- 5,000+ Authorized Learning Centers (ALCs) across Maharashtra
- 75,000+ computer systems deployed within the ALC network
- 1+ crore university students served through digital university platforms
- 1.5+ crore learners trained across literacy, skills, and vocational courses
- A strong presence across urban, semi-urban, and rural districts
- A growing international footprint across Asia, Africa, and the Middle East
MKCL has consistently demonstrated the ability to execute large-scale, technology-led educational programs reaching millions of learners.
4. Joint Ventures, Subsidiaries & Global Presence
MKCL has expanded through strategic partnerships:
Joint Ventures:
- Odisha Knowledge Corporation Ltd (OKCL) – 50% stake
- Haryana Knowledge Corporation Ltd (HKCL) – 30% stake
- MKCL Arabia Ltd (Saudi Arabia) – 50% stake
Subsidiary:
- MKCL Knowledge Foundation, which supports development and community-oriented initiatives.
International Partnerships:
MKCL has established operations in Saudi Arabia and Egypt, providing technology-enabled learning solutions through global collaborations.
5. Financial Strength
MKCL is known for maintaining a debt-free balance sheet with strong cash reserves.
Recent financial performance shows stability, though FY25 profits were temporarily affected by a one-time GST-related charge. Overall, the company remains financially robust, supported by recurring revenues from training programs, university solutions, and government digital services.
7. Additional Key Highlights
- MKCL operates one of India’s largest digital university ecosystems, offering online admissions, examinations, certifications, and learning management systems.
- The company’s technology platforms are used by major universities, government departments, and public institutions.
- MKCL’s revenue model includes course fees, licensing, digital university services, international projects, and government contracts.
- The company has continuously expanded into next-generation technologies such as AI-driven learning, cloud-based university ERP systems, and digital governance platforms.
Board Members
| Name | Designation |
| Dr. Anil Kakodkar | Chairman |
| Ms. Veena Kamath | Managing Director |
| Komal Chaubal | CEO |
Consolidated Results
Financial Highlights
| Particulars (All values in Cr) | FY22 | FY23 | FY24 | FY25 |
| Revenue from operations | 120 | 177 | 235 | 276 |
| EBITDA | 19.2 | 41 | 42 | 46 |
| EBIT | 16.6 | 36 | 35.7 | 40.22 |
| PAT | 37.8 | 51 | 63 | 32 |
| EPS (INR) | 47.25 | 63.75 | 77.97 | 39.6 |
Reports
Company Details
| Particulars | Details |
|---|---|
| Face Value (INR) | 10 |
| ISIN | INE03KR01016 |
News
FAQs
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In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
- Download the NSDL or CDSL mobile application from the Google Play or App Store.
- Enter your DP ID + Client ID (total of 16 characters)
2. Option 2
You may also check the credit of your shares, by logging in to your Demat account and checking under DP Holdings in your respective DP.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
In the case of CDSL, the first 8 digits of your Demat Account Number are depository participant ID and the last 8 digits are your customer ID with the depository participant. The same goes for NSDL where ‘IN’, the 6 digits are depository participant ID and the rest of the numbers reflect your customer ID with a depository participant.
National Securities Depository Limited (NSDL): The Demat account number of NSDL starts with alphabets ‘IN’ followed by 14 numeric digits.
For e.g. IN30000012345678.
Central Depository Service Limited (CDSL) : The entire DEMAT account number of CDSL is numeric.
For e.g.1234567800001234
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
The MKCL unlisted shares are credited in your Demat account within a maximum of two (working) days after the funds are received in our bank account. However, please note that at times there may be a slight delay in the credit of shares due to certain reasons like Bank Holidays.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
The financials are available in the Research Report, DRHP, and Annual Reports of Maharashtra Knowledge Corporation Ltd (MKCL) Unlisted Shares, which may be found under the Reports section of the company's specific page. You can download all the reports after logging in.
If you Liquidate the Maharashtra Knowledge Corporation Ltd (MKCL) unlisted shares within 2 years of its acquisition, then you will be required to pay tax on the short-term capital gain (STCG) as per the individual tax slab rate. Liquidating the shares after 2 years will attract a long-term capital gain (LTCG) which will be taxed at the rate of 12.5% without indexation benefits.
Investors should consult with an independent third-party taxation advisor prior to making investment decisions.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]