Max India Profile
Key Indicators
- Authorised Capital ₹ 60.05 Cr
- Paid Up Capital ₹ 43.17 Cr
- Company Age 6 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 245.00 Cr
- Revenue Growth -2.42%
- Profit Growth 93.42%
- Ebitda 0.95%
- Net Worth -8.31%
- Total Assets -8.34%
About Max India
Max India Limited (MIL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 23 January 2019 (Six years and one month 23 days old ). Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543223 and on the National Stock Exchange(NSE) under MAXIND.
The Corporate was formerly known as Advaita Allied Health Services Limited. The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.05 Cr and a paid-up capital of Rs 43.17 Cr.
The company has closed loans amounting to ₹245.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Max India Limited India is Sandeep Pathak as CFO. Analjit Singh, Sharmila Tagore, Niten Malhan, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Business Outsourcing
Max India Limited
Explore comprehensive data for Max India Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Max India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajit Mehta  | Managing Director | 15-Jan-2021 | Current |
| Sandeep Pathak | CFO | 01-Jun-2020 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rohit Kapoor | Director | 25-May-2022 | Current |
Pradeep Pant  | Director | 01-Jun-2020 | Current |
| Niten Malhan | Director | 01-Feb-2021 | Current |
| Analjit Singh | Director | 01-Jun-2020 | Current |
| Sharmila Tagore | Director | 01-Jun-2020 | Current |
| Mohit Talwar | Director | 01-Jun-2020 | Current |
Financial Performance of Max India.
Max India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.42% decrease. The company also saw a substantial improvement in profitability, with a 93.42% increase in profit. The company's net worth dipped by a decrease of 8.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Max India?
In 2023, Max India had a promoter holding of 51.11% and a public holding of 48.89%. The company had 5 Subsidiaries and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Windows Consultants Private LimitedRajit Mehta is a mutual person
Max Estates LimitedAnaljit Singh and Niten Malhan are mutual person
Max Financial Services LimitedAnaljit Singh is a mutual person
New Mark Advisors LlpNiten Malhan is a mutual person
- New Mark Capital Aif Llp
Niten Malhan is a mutual person
Indian School Of BusinessTara Vachani is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹245.00 Cr
Charges Breakdown by Lending Institutions
- Others : 245.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2022 | Others | ₹75.00 Cr | Satisfied |
| 26 Oct 2020 | Others | ₹170.00 Cr | Satisfied |
How Many Employees Work at Max India?
Unlock and access historical data on people associated with Max India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Max India, 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 India's trajectory.
Rating
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
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 India
Recent activity within the organization
- Annual General Meeting
Max India Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 29 Mar 2022 via Charge ID 100559269 with Others was fully satisfied on 13 Sep 2024.
- Balance Sheet
Max India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ajit Singh was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 9 months .
- Director Appointment
Rohit Kapoor was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 9 months .
- Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100559269 was registered on 29 Mar 2022.
Recent News, Updates & Announcement
- Max India gets shareholders' nod for stake sale in health insurance biz.
Under the special resolution for 'divestment of equity share of Max Bupa Health Insurance Company, a material subsidiary of the company" 94.13% votes were received in favour of the stake sale..
Frequently asked questions
What is the Incorporation or founding date of Max India Limited?
Max India Limited was incorporated on 23 Jan 2019.
What is authorized share capital and paid-up capital of Max India Limited?
The authorized share capital of Max India Limited is ₹ 60.05 Cr and paid-up capital is ₹ 43.17 Cr.
Who are the current board members & directors of Max India Limited?
Currently 10 directors are associated with Max India Limited.
- Analjit Singh
- Sharmila Tagore
- Niten Malhan
- Pradeep Pant
- Rajit Mehta
- Mohit Talwar
- Ajit Singh
- Tara Singh Vachani
- Rohit Kapoor
- Sandeep Pathak
What is the registered address of Max India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Max India Limited is 167 Floor 1 Plot-167A Ready Money Mansion Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Max India Limited?
The corporate identification number (CIN) of Max India Limited is L74999MH2019PLC320039 and the company number is 320039 as per Ministry of Corporate Affairs (MCA).
Is Max India Limited registered with any stock exchange in India?
Yes, Max India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAXIND.
What is the official website of Max India Limited?
The Official website of Max India Limited is https://www.maxindia.com
What has been the recent revenue trend for Max India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Max India Limited has fallen by -2.42%.
What change has been observed in the net worth of Max India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Max India Limited has experienced an downturn of -8.31%.
When was the last Balance Sheet of Max India Limited filed with the ROC?
The most recent Balance Sheet for Max India Limited was filed with the ROC on 31 Mar 2024.
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