Maxgrow Overseas Limited

Trading company specializing in agri-commodities, metals, oils, and various other products.

2008 | Kolkata, West Bengal (India) | Under Insolvency
Last Updated: January 15, 2025

Maxgrow Overseas Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 45.00 Cr
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 137.80 Cr
  • Satisfied Charges ₹ 79.67 Cr
  • Revenue Growth -12.03%
  • Profit Growth -328.51%
  • Ebitda -159.81%
  • Net Worth 43.46%
  • Total Assets 21.26%

About Maxgrow Overseas

Maxgrow Overseas Limited (MOL) is Under Cirp company established on 05 Aug 2008 with its office registered at Kolkata, West Bengal, India and has been running since 16 Year, 6 Months with a paid up capital of 45.00 Cr. According to MCA records, 5 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maxgrow.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB2008PLC128225

  • Company No.

    128225

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2008

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Food and Beverages
Metals and Minerals

What products or services does Maxgrow Overseas Limited offer?

Maxgrow Overseas Limited offers a wide range of products and services, including Chemical Compound, Caustic Soda, Caustic Potash, Caustic Potash Flakes, Beauty Cream, Cosmetic Creams, Essential & Aromatic Oils, Castor Oil, Industrial Chemicals & Supplies, Disinfectant Chemicals.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajendra Saraf Country flag representing In Managing Director01-Apr-2009Current

Board Members (4)

NameDesignationAppointment DateStatus
Mukesh Desai Country flag representing In Additional Director 14-Aug-2017Current
Ashokkumar Dansingani Country flag representing In Additional Director 25-Feb-2019Current
Revati Kapoor Country flag representing In Additional Director 10-Mar-2018Current
Manoj Thakar Country flag representing In Additional Director 25-Feb-2019Current

Financial Performance of Maxgrow Overseas.

Maxgrow Overseas Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 12.03% decrease. The company also saw a substantial fall in profitability, with a 328.51% decrease in profit. The company's net worth Soared by an impressive increase of 43.46%.

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
-12.03%
Revenue from Operations
-12.72%
Total Assets
21.26%
Profit or Loss
-328.51%
Net Worth
43.46%
EBITDA
-159.81%

What is the Ownership and Shareholding Structure of Maxgrow Overseas?

In 2015, Maxgrow Overseas had a promoter holding of 99.48% and a public holding of 0.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹137.80 Cr

Satisfied Charges

₹79.67 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 79.00 Cr
  • Others : 58.03 Cr
  • Bank Of Baroda : 0.77 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2017Others₹50.00 CrOpen
25 Jan 2017Others₹4.10 CrOpen
22 Jul 2016Others₹3.93 CrOpen
29 Feb 2016Bank Of Baroda₹7.70 MOpen
21 Jan 2015Bank Of India₹79.00 CrOpen

How Many Employees Work at Maxgrow Overseas?

Maxgrow Overseas has a workforce of 5 employees as of Apr 09, 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 Overseas, 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 Overseas'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 Overseas

Recent activity within the organization

  • Director Appointment

    Ashokkumar Jivatram Dansingani was appointed as a Additional Director was appointed as a Additional Director on 25 Feb 2019 & has been associated with this company since 5 years 11 months .

    25 Feb 2019

  • Director Appointment

    Manoj Dhaneshbhai Thakar was appointed as a Additional Director was appointed as a Additional Director on 25 Feb 2019 & has been associated with this company since 5 years 11 months .

    25 Feb 2019

  • Annual General Meeting

    Maxgrow Overseas Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Maxgrow Overseas Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Kolkata.

    31 Mar 2018

  • Director Appointment

    Revati Ashok Kapoor was appointed as a Additional Director was appointed as a Additional Director on 10 Mar 2018 & has been associated with this company since 6 years 11 months .

    10 Mar 2018

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 07 Nov 2017 with Charge ID 100137135 was modified on 20 Nov 2017.

    20 Nov 2017

Frequently asked questions

  • Maxgrow Overseas Limited was incorporated on 05 Aug 2008.

  • The authorized share capital of Maxgrow Overseas Limited is ₹ 45.00 Cr and paid-up capital is ₹ 45.00 Cr.

  • Currently 5 directors are associated with Maxgrow Overseas Limited.

    • Mukesh Nanubhai Desai
    • Rajendra Prasad Saraf
    • Ashokkumar Jivatram Dansingani
    • Revati Ashok Kapoor
    • Manoj Dhaneshbhai Thakar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maxgrow Overseas Limited is Natural Height Complex 1C Building No. 5 Phase I Vip Road, Opp. Haldiram (Air Po Rt) India, Kolkata, West Bengal, 700052.

  • The corporate identification number (CIN) of Maxgrow Overseas Limited is U51909WB2008PLC128225 and the company number is 128225 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maxgrow Overseas Limited is https://www.maxgrow.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Maxgrow Overseas Limited has fallen by -12.03%.

  • As Per 2018 financial reports, 5 employees are currently employed by Maxgrow Overseas Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Maxgrow Overseas Limited has experienced an upsurge of 43.46%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Maxgrow Overseas Limited amount to ₹ 137.80 Cr.

  • The most recent Balance Sheet for Maxgrow Overseas Limited was filed with the ROC on 31 Mar 2018.

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