Maharashtra Knowledge Corporation Unlisted Share Price

Maharashtra Knowledge Corporation logo

Maharashtra Knowledge Corporation unlisted share price is ₹435 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 58 shares), the same ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠for every company. Sector: IT & Industrials. Status: unlisted, no DRHP on record.

All unlisted share prices: dated indicative prices for every company the desk tracks.

Updated 18 Oct 2026, 08:02 IST. Dated dealer references.

BuyUnlistedShares tracks 230 unlisted companies with dated prices; Maharashtra Knowledge Corporation’s indicative price is ₹435 per share ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠as of 18 Oct 2026, a lot of 58 shares.

Key facts

Indicative price
₹435 per share
Price as of
17 Oct 2026
Minimum investment
₹25,000
Lot size
58 shares
Sector
IT & Industrials
Listing status
Unlisted
Settlement
Demat to demat; terms agreed in writing for each deal
Last updated
18 Oct 2026, 08:02 IST

Indicative and dated. BuyUnlistedShares deals as principal.

Buying at a glance

Minimum ticket
₹25,000
Price shown
Indicative, dated 17 Oct 2026
Delivery
Shares are credited to your demat account

Enquire

In plain words

Lock-in if it lists
Shares bought before an IPO are generally locked in for six months from the IPO allotment date under SEBI rules. The issue documents set the exact terms.
Demat
Yes. ISIN INE03KR01016: the shares sit in your own demat account and move demat to demat through NSDL or CDSL.
IPO status
Unlisted. No DRHP on record.

Facts only, not a rating or a recommendation.

Compare it against the full unlisted share price list: every company the desk quotes, each with a dated indicative price.

Only one price change on record since 13 Sep 2025 (779 dated quotes); not enough to chart.

Key figures

Maharashtra Knowledge Corporation key figures, as of 18 Oct 2026
Market cap₹351.49 Cr
Minimum investment₹25,000
Lot size58
P/E ratio5.79x
ROE5.21%
Book value₹759.65
Face value₹10
52-week high₹450
52-week low₹435
ISININE03KR01016
Dividend yield0.56%

Financials (₹ Cr)

Maharashtra Knowledge Corporation financials, ₹ Cr
MetricFY23FY24FY25
Revenue178235276
PAT47.862.632.0
EPS (₹)59.177.539.7

About the company

Maharashtra Knowledge Corporation Limited (MKCL) is a Pune-headquartered education-technology and e-governance company incorporated in 2001. It was set up on the initiative of the Department of Higher and Technical Education, Government of Maharashtra, and operates as a government-promoted public limited company that remains unlisted.

Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.

Registered in Pune, Maharashtra.

Registry

Company facts

Maharashtra Knowledge Corporation company facts
CINU80302PN2001PLC135348
Incorporated2001
ISININE03KR01016
Face value₹10
Registered officeICC Trade Tower, A Wing, 5th Floor, Senapati Bapat Road, Shivajinagar, Pune 411016, Maharashtra, India
Shares outstanding80,80,195
Lot size58 shares
Minimum units25
DRHPNot filed

Financial statements (₹ Cr)

Maharashtra Knowledge Corporation financials by year, ₹ Cr
MetricFY22FY23FY24FY25FY26FY26 vs FY25
Revenue120.17177.51234.53276.06201.5−27%
EBITDA—41424639.3−14.6%
Profit before tax—65804077.3+93.2%
Profit after tax38.6847.7662.632.0560.7+89.4%
EPS (₹)—59.1177.4839.6675.12+89.4%
Operating margin——37.2%33.4%——
Net margin——26.7%11.6%——
Share capital——8.088.08——
Reserves & surplus——574.26605.72——
Net worth——582.34613.8——
Fixed assets——14.8114.05——
Investments——260.1308.44——
Trade receivables——21.357.49——
Trade payables——38.1267.58——
Cash from operations——83.25−36.34——
Cash from investing——−66.9546.78——
Cash from financing——−3.68−3.96——
Net cash generated——12.626.48——

Key ratios and valuation

Maharashtra Knowledge Corporation key ratios at the indicative price of ₹435
MeasureValueBasis
Indicative price₹435dealer reference, 17 Oct 2026
Market cap₹351.49 Crprice × 80,80,195 shares
P/E5.79xprice ÷ EPS ₹75.12 (FY26)
P/B0.57xprice ÷ book value ₹759.65
EPS₹75.12per share, FY26
Book value₹759.65per share, latest books
RoE5.21%return on equity, latest FY
Debt / equity0latest balance sheet
Dividend yield0.56%at the indicative price
Face value₹10per share
52-week range₹435 (unchanged)quote unchanged since 17 Oct 2025
Shares outstanding80,80,195per company record

Shareholding pattern

Maharashtra Knowledge Corporation shareholding pattern (latest in our records)
CategoryHolder% of equity
OthersState Government (Govt. Of Maharashtra)37.13%
OthersUniversities33.91%
PublicIndian Residents / Public22.19%
OthersOthers6.77%

Public 22.19% · Others 77.81%

Management and promoters

Maharashtra Knowledge Corporation management
NameDesignationExperience
Dr. Anil KakodkarChairman—
Sameer PandeManaging Director—
Komal ChaubalCompany Secretary—
Dr. Charudatta MayeeIndependent Director—
Girish SohaniIndependent Director—

Business model

Maharashtra Knowledge Corporation Limited develops and delivers education, digital-literacy, assessment and higher-education technology solutions. Its website calls MS-CIT, launched ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠in 2001, a digital-literacy course, and lists courses intended to skill, reskill and upskill learners. It operates delivery networks of learning centres, facilitators and computers, according to its site’s operating statistics. On the institutional side, MKCL lists LearnLive, ExamLive, CampusLive and a Digital University Framework.

The website describes LearnLive as a software framework for services, ExamLive as a secure assessment and certification framework, and CampusLive as a framework for administrative and academic functions. The Digital University Framework covers workflows from admissions and convocation through student ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠and college life cycles, e-services, analytics and business intelligence. Its business combines course content and learner delivery with software frameworks that education institutions and assessment programmes can use.

Corporate actions and events

Maharashtra Knowledge Corporation corporate actions and events
DateTypeDetailRatio / amountSource
UndatedAgmThe company issued a 24th AGM notice for an AGM scheduled on 18 September 2025. (7 Aug 2025)—Desk note

Reports and filings

No filings uploaded yet.

Annual reports

Frequently asked questions

What does Maharashtra Knowledge Corporation (MKCL) do?

MKCL is a Pune-based education-technology and e-governance company incorporated in 2001 on the initiative of the Government of Maharashtra's Department of Higher and Technical Education. It delivers IT literacy and digital skilling programmes (notably the MS-CIT course) through a network of authorised learning centres, and builds platforms for online examinations, assessments, ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠admissions and eGovernance services for public bodies and institutions.

Is MKCL listed on the stock exchange, and how are its unlisted shares bought?

No. Maharashtra Knowledge Corporation is not listed on the NSE or BSE; it is an unlisted public company. Its shares are transferred privately in the unlisted market through dealers and platforms, with shares typically held in demat form via NSDL or CDSL. Any purchase ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠involves off-market negotiation and settlement rather than an exchange order, and this information is provided for general awareness only, not as advice.

What determines MKCL's indicative unlisted share price?

Because there is no exchange quote, the indicative price reflects negotiated buyer-seller transactions in the private market. It is influenced by factors such as the company's reported financial performance, demand and supply among unlisted-share participants, sector sentiment ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠around education and skilling, and broader market conditions. The price shown is indicative market data only and can change frequently.

What are the key fundamentals of MKCL?

MKCL's CIN is U80302PN2001PLC135348 and its ISIN is INE03KR01016. The face value per share is ₹10. The company was incorporated in 2001 and is ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠registered in Pune, Maharashtra. It operates in the education-technology and e-governance space, with revenue drawn mainly from course fees, skilling programmes and technology services. These are factual reference details and not a recommendation.

What is the Maharashtra Knowledge Corporation unlisted share price today?

The indicative over-the-counter reference price is ₹435 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.

Is Maharashtra Knowledge Corporation listed on a stock exchange?

Not yet. Maharashtra Knowledge Corporation changes hands in the unlisted market, over the counter and settle into your demat account through NSDL and CDSL.

What is the minimum investment in Maharashtra Knowledge Corporation?

The minimum ticket is ₹25,000, the same for every company on the site.

What is the ISIN of Maharashtra Knowledge Corporation?

INE03KR01016. Holdings are settled in demat form through NSDL and CDSL.

How do I buy Maharashtra Knowledge Corporation unlisted shares?

Send an enquiry with the quantity you have in mind. The desk replies with a dated quote, ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠the paperwork list and the demat steps, and the shares settle demat to demat into your own account.

Is there a lock-in if Maharashtra Knowledge Corporation lists?

Pre-IPO shareholders other than promoters are generally locked in for six ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠months from the date of IPO allotment under SEBI ICDR regulation 17. The final offer document sets the exact terms.

Sources

How to cite this page: BuyUnlistedShares, “Maharashtra Knowledge Corporation unlisted share price”, https://buyunlistedshares.com/unlisted-shares/maharashtra-knowledge-corporation, as of 18 Oct 2026.

Other IT & Industrials unlisted shares

Enquire to buy Maharashtra Knowledge Corporation · Sell a holding

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​⁠​​​​⁠​⁠​⁠​⁠​​⁠⁠​⁠​​​⁠​⁠⁠​⁠​​​⁠​⁠⁠​​⁠⁠​​⁠​​⁠⁠⁠​​⁠​​⁠⁠⁠⁠⁠⁠⁠​⁠​⁠⁠⁠⁠⁠unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 18 Oct 2026.

Before you buy: guides

All unlisted shares · IPO calendar · Research & learning · Send an enquiry · Calculators · Jobs · About · Contact · Privacy · Terms · Disclaimer · Grievance redressal

Guides: Start investing · Evaluate a company · How prices are set · Risks · Lock-in periods · After the IPO · Sell ESOPs · NRI investors · Buybacks · Choosing a platform

BuyUnlistedShares (BUS) · Gayatri Financial Synergy LLP (LLPIN ACU-4678) · SCO-39, 1st Floor, HUDA Market, Sector-7, Faridabad, Haryana 121006 · +91 916-916-59-59

Maharashtra Knowledge Corporation Share Price ₹435 (17 Oct)