Maxgrow Development Foundation

Promotes economic and social welfare through developmental activities for public welfare.

2020 | Thrissur, Kerala (India) | Active
Last Updated: December 09, 2024

Maxgrow Development Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.90 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 1264.52%
  • Profit Growth 10.90%
  • Ebitda 75.70%
  • Net Worth -143.39%
  • Total Assets -16.49%

About Maxgrow Development Foundation

Maxgrow Development Foundation (MDF) is a Private Not For Profit Company incorporated in India on 04 October 2020 (Four years and four months 7 days old ). Its registered office is in Thrissur, Kerala, India.

The Company is engaged in the Healthcare 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 1.00 Cr and a paid-up capital of Rs 1.90 M.

The company currently has active open charges totaling ₹5.00 Cr.

Saneeth and Zulfath Yoosaf serve as directors at the Company.

Company Details

  • Location

    Thrissur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85100KL2020NPL064801

  • Company No.

    064801

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    04 Oct 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Healthcare

Who are the key members and board of directors at Maxgrow Development Foundation?

Executive Team (1)

Name Designation Appointment Date Status
Saneeth Country flag representing In Managing Director 04-Oct-2020 Current

Board Members (1)

Name Designation Appointment Date Status
Zulfath Yoosaf Country flag representing In Director 04-Oct-2020 Current

Financial Performance of Maxgrow Development Foundation.

Maxgrow Development Foundation, for the financial year ended 2022, experienced significant growth in revenue, with a 1264.52% increase. The company also saw a substantial improvement in profitability, with a 10.9% increase in profit. The company's net worth observed a substantial decline by a decrease of 143.39%.

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
1264.52%
Revenue from Operations
5144.32%
Total Assets
-16.49%
Profit or Loss
10.90%
Net Worth
-143.39%
EBITDA
75.70%

What is the Ownership and Shareholding Structure of Maxgrow Development Foundation?

Unlock access to Maxgrow Development Foundation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Jan 2021 Others ₹5.00 Cr Open

How Many Employees Work at Maxgrow Development Foundation?

Maxgrow Development Foundation has a workforce of 0 employees as of Apr 03, 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 Maxgrow Development Foundation, 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 Maxgrow Development Foundation'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 Maxgrow Development Foundation

Recent activity within the organization

  • Annual General Meeting

    Maxgrow Development Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Maxgrow Development Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100408662 was registered on 07 Jan 2021.

    07 Jan 2021

  • Director Appointment

    Saneeth was appointed as a Managing Director was appointed as a Managing Director on 04 Oct 2020 & has been associated with this company since 4 years 4 months .

    04 Oct 2020

  • Director Appointment

    Zulfath Pathayapurakal Yoosaf was appointed as a Director was appointed as a Director on 04 Oct 2020 & has been associated with this company since 4 years 4 months .

    04 Oct 2020

  • Company Incorporation

    Maxgrow Development Foundation was registered on 04 Oct 2020 with Roc Ernakulam & aged 4 years 4 months as per MCA records.

    04 Oct 2020

Frequently asked questions

  • Maxgrow Development Foundation was incorporated on 04 Oct 2020.

  • The authorized share capital of Maxgrow Development Foundation is ₹ 1.00 Cr and paid-up capital is ₹ 1.90 M.

  • Currently 2 directors are associated with Maxgrow Development Foundation.

    • Saneeth
    • Zulfath Pathayapurakal Yoosaf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maxgrow Development Foundation is Building No. 35/319C 1St Floor Kizhakkeveettil Complex, T K S Puram India, Kodungallur, Kerala, 680664.

  • The corporate identification number (CIN) of Maxgrow Development Foundation is U85100KL2020NPL064801 and the company number is 064801 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Maxgrow Development Foundation has risen by 1264.52%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Maxgrow Development Foundation has experienced an downturn of -143.39%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Maxgrow Development Foundation amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for Maxgrow Development Foundation was filed with the ROC on 31 Mar 2024.