Maxstar Appliance Limited

Manufacturer of home appliances with a wide range of products and a modern manufacturing facility.

1996 | Delhi (India) | Active
Last Updated:

Maxstar Appliance Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 29 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -9.84%
  • Profit Growth -57.75%
  • Ebitda 0.49%
  • Net Worth 1.81%
  • Total Assets -7.02%

About Maxstar Appliance

Maxstar Appliance Limited (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 February 1996 and has a history of 29 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Appliance City Limited. The Company is engaged in the Consumer Electronics & Durables 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harish Kumar, Anita Kumar, and Sarthak Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maxstar.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909DL1996PLC076773

  • Company No.

    076773

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Maxstar Appliance?

Board Members (3)

NameDesignationAppointment DateStatus
Harish Kumar Country flag representing In Director 12-May-2017Current
Anita Kumar Country flag representing In Director 09-May-1996Current
Sarthak Kumar Country flag representing In Director 20-Jul-2020Current

Financial Performance of Maxstar Appliance.

Maxstar Appliance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.84% decrease. The company also saw a substantial fall in profitability, with a 57.75% decrease in profit. The company's net worth moved up by a moderate rise of 1.81%.

Maxstar Appliance revenue growth over time
Maxstar Appliance 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
-9.84%
Revenue from Operations
-10.13%
Total Assets
-7.02%
Profit or Loss
-57.75%
Net Worth
1.81%
EBITDA
0.49%

What is the Ownership and Shareholding Structure of Maxstar Appliance?

In 2023, Maxstar Appliance had a promoter holding of 99.50% and a public holding of 0.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2021State Bank Of India₹5.00 CrOpen
09 Feb 2019Yes Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Maxstar Appliance?

Unlock and access historical data on people associated with Maxstar Appliance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Maxstar Appliance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maxstar Appliance, 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 Maxstar Appliance'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 Maxstar Appliance

Recent activity within the organization

  • Annual General Meeting

    Maxstar Appliance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Maxstar Appliance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 100453336 was registered on 17 Mar 2021.

  • Charges

    A charge registered on 09 Feb 2019 via Charge ID 100255330 with Yes Bank Limited was fully satisfied on 15 Oct 2020.

  • Director Appointment

    Sarthak Harish Kumar was appointed as a Director was appointed as a Director on 20 Jul 2020 & has been associated with this company since 4 years 7 months .

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100255330 was registered on 09 Feb 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Maxstar Appliance Limited?

    Maxstar Appliance Limited was incorporated on 29 Feb 1996.

  • What is authorized share capital and paid-up capital of Maxstar Appliance Limited?

    The authorized share capital of Maxstar Appliance Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Maxstar Appliance Limited?

    Currently 3 directors are associated with Maxstar Appliance Limited.

    • Harish Kumar
    • Anita Kumar
    • Sarthak Harish Kumar

  • What is the registered address of Maxstar Appliance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maxstar Appliance Limited is 1/7 West Patel Nagar India, New Delhi, 110008.

  • What is the corporate identification number (CIN) and company number of Maxstar Appliance Limited?

    The corporate identification number (CIN) of Maxstar Appliance Limited is U51909DL1996PLC076773 and the company number is 076773 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maxstar Appliance Limited?

    The Official website of Maxstar Appliance Limited is https://www.maxstar.in

  • What has been the recent revenue trend for Maxstar Appliance Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Maxstar Appliance Limited has fallen by -9.84%.

  • What change has been observed in the net worth of Maxstar Appliance Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Maxstar Appliance Limited has experienced an upsurge of 1.81%.

  • What are the total open charges for Maxstar Appliance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Maxstar Appliance Limited amount to ₹ 5.00 Cr.

  • When was the last Balance Sheet of Maxstar Appliance Limited filed with the ROC?

    The most recent Balance Sheet for Maxstar Appliance Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Electronics Manufacturing