Maxgrow Industries Limited
Organic chemical trading company established in 2013 with headquarters in Mumbai, Maharashtra.
2013 | Mumbai, Maharashtra (India) | Active
Maxgrow Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 11 Year, 11 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 50.00 Cr
- Revenue Growth -93.96%
- Profit Growth -575.28%
- Ebitda -172.04%
- Net Worth 177.15%
- Total Assets 87.19%
About Maxgrow Industries
Maxgrow Industries Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 21 March 2013 and has a history of 11 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as South Asian Oleo-Chemicals Private Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹50.00 Cr.
Bakulesh Parekh, Rajendra Shah, and Kenny Devassa serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27310MH2013PLC241232
- Company No.
241232
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Mar 2013
- Date of AGM
29 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
Who are the key members and board of directors at Maxgrow Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bakulesh Parekh  | Additional Director | 04-Mar-2016 | Current |
| Rajendra Shah | Additional Director | 26-Feb-2018 | Current |
| Kenny Devassa | Additional Director | 28-Mar-2019 | Current |
Financial Performance of Maxgrow Industries.
Maxgrow Industries Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 93.96% decrease. The company also saw a substantial fall in profitability, with a 575.28% decrease in profit. The company's net worth Soared by an impressive increase of 177.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maxgrow Industries?
In 2018, Maxgrow Industries had a promoter holding of 14.80% and a public holding of 85.20%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Unnao Trading Pvt. Ltd.Rajendra Shah is a mutual person
- Lavina Traders Private Limited
Rajendra Shah is a mutual person
- Rv Techno Park Private Limited
Rajendra Shah is a mutual person
- Matra Realty Limited
Kenny Devassa is a mutual person
Charges (Loans)
Open Charges
₹50.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2017 | Others | ₹50.00 Cr | Open |
How Many Employees Work at Maxgrow Industries?
Unlock and access historical data on people associated with Maxgrow Industries, 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 Maxgrow Industries, 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 Industries'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 Maxgrow Industries
Recent activity within the organization
- Director Appointment
Kenny Kanikaraj Devassa was appointed as a Additional Director was appointed as a Additional Director on 28 Mar 2019 & has been associated with this company since 5 years 11 months .
- Annual General Meeting
Maxgrow Industries Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
- Balance Sheet
Maxgrow Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
- Director Appointment
Rajendra Mansukhlal Shah was appointed as a Additional Director was appointed as a Additional Director on 26 Feb 2018 & has been associated with this company since 7 years 6 days .
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100177869 was registered on 24 Nov 2017.
- Director Appointment
Bakulesh Anantrai Parekh was appointed as a Additional Director was appointed as a Additional Director on 04 Mar 2016 & has been associated with this company since 8 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Maxgrow Industries Limited?
Maxgrow Industries Limited was incorporated on 21 Mar 2013.
What is authorized share capital and paid-up capital of Maxgrow Industries Limited?
The authorized share capital of Maxgrow Industries Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.
Who are the current board members & directors of Maxgrow Industries Limited?
Currently 3 directors are associated with Maxgrow Industries Limited.
- Bakulesh Anantrai Parekh
- Rajendra Mansukhlal Shah
- Kenny Kanikaraj Devassa
What is the registered address of Maxgrow Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maxgrow Industries Limited is 103 Hubtown Solaris N S Phadke Marg, Andheri East India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Maxgrow Industries Limited?
The corporate identification number (CIN) of Maxgrow Industries Limited is U27310MH2013PLC241232 and the company number is 241232 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Maxgrow Industries Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Maxgrow Industries Limited has fallen by -93.96%.
What change has been observed in the net worth of Maxgrow Industries Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Maxgrow Industries Limited has experienced an upsurge of 177.15%.
What are the total open charges for Maxgrow Industries Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Maxgrow Industries Limited amount to ₹ 50.00 Cr.
When was the last Balance Sheet of Maxgrow Industries Limited filed with the ROC?
The most recent Balance Sheet for Maxgrow Industries Limited was filed with the ROC on 31 Mar 2018.
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