Max Granito Private Limited

Manufactures and trades various types of tiles and sanitary wares since 2006.

2006 | Jambudiya, Gujarat (India) | Active
Last Updated: July 17, 2024

Max Granito Profile

Key Indicators

  • Authorised Capital ₹ 9.25 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 152.95 Cr
  • Satisfied Charges ₹ 81.21 Cr
  • Revenue Growth -21.84%
  • Profit Growth -73.56%
  • Ebitda 637.50%
  • Net Worth 1.23%
  • Total Assets 20.37%

About Max Granito

Max Granito Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 October 2006 and has a history of 18 years and four months. Its registered office is in Jambudiya, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.25 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹152.95 Cr. The company has closed loans amounting to ₹81.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Patel, Ashokbhai Aghara, and Sukhdevbhai Patel serve as directors at the Company.

Company Details

  • Location

    Jambudiya, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26933GJ2006PTC049192

  • Company No.

    049192

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Max Granito?

Board Members (3)

Name Designation Appointment Date Status
Raj Patel Country flag representing In Director 14-May-2020 Current
Ashokbhai Aghara Country flag representing In Director 08-Jun-2022 Current
Sukhdevbhai Patel Country flag representing In Director 03-Oct-2006 Current

Financial Performance of Max Granito.

Max Granito Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.84% decrease. The company also saw a substantial fall in profitability, with a 73.56% decrease in profit. The company's net worth moved up by a moderate rise of 1.23%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-21.84%
Revenue from Operations
-20.21%
Total Assets
20.37%
Profit or Loss
-73.56%
Net Worth
1.23%
EBITDA
637.50%

What is the Ownership and Shareholding Structure of Max Granito?

In 2023, Max Granito had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹152.95 Cr

Satisfied Charges

₹81.21 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 79.60 Cr
  • Others : 73.35 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2023 Others ₹9.11 Cr Open
03 May 2023 State Bank Of India ₹40.65 Cr Open
28 Mar 2023 State Bank Of India ₹38.95 Cr Open
10 Mar 2022 Others ₹25.50 Cr Open
11 Feb 2022 Others ₹2.40 M Open

How Many Employees Work at Max Granito?

Max Granito has a workforce of 6 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Max Granito, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Max Granito's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Max Granito

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 38.95 Cr registered on 28 Mar 2023 with Charge ID 100714581 was modified on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 9.11 Cr with Charge ID 100829535 was registered on 21 Nov 2023.

    21 Nov 2023

  • Annual General Meeting

    Max Granito Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 40.65 Cr with Charge ID 100714579 was registered on 03 May 2023.

    03 May 2023

  • Balance Sheet

    Max Granito Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 38.95 Cr with Charge ID 100714581 was registered on 28 Mar 2023.

    28 Mar 2023

Frequently asked questions

  • Max Granito Private Limited was incorporated on 03 Oct 2006.

  • The authorized share capital of Max Granito Private Limited is ₹ 9.25 Cr and paid-up capital is ₹ 7.00 Cr.

  • Currently 3 directors are associated with Max Granito Private Limited.

    • Raj Sukhdevbhai Patel
    • Ashokbhai Tribhovanbhai Aghara
    • Sukhdevbhai Laljibhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Max Granito Private Limited is Survey No. 139/Paiki National Highway 8-A Tal. Morbi. Dist. Rajkot, Jambudiya, Gujarat, India, 363642.

  • The corporate identification number (CIN) of Max Granito Private Limited is U26933GJ2006PTC049192 and the company number is 049192 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Max Granito Private Limited has fallen by -21.84%.

  • As Per 2023 financial reports, 6 employees are currently employed by Max Granito Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Max Granito Private Limited has experienced an upsurge of 1.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Max Granito Private Limited amount to ₹ 152.95 Cr.

  • The most recent Balance Sheet for Max Granito Private Limited was filed with the ROC on 31 Mar 2023.

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