Maxtone Electronics P Ltd

Provides a wide range of computer and mobile accessories, processors, and boards since 1994.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Maxtone Electronics P Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.07 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.19 M
  • Satisfied Charges ₹ 29.14 Cr
  • Revenue Growth -56.76%
  • Profit Growth 32.37%
  • Ebitda 104.03%
  • Net Worth -12.88%
  • Total Assets -14.40%

About Maxtone Electronics P

Maxtone Electronics P Ltd (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 1994 and has a history of 30 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 3.07 Cr.

The company currently has active open charges totaling ₹0.19 M. The company has closed loans amounting to ₹29.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naresh Parmar, Nipun Sancheti, Kunal Sancheti, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maxtone.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32109MH1994PTC079143

  • Company No.

    079143

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Maxtone Electronics P Ltd offer?

Maxtone Electronics P Ltd offers a wide range of products and services, including Speakers, Power Bank, Mobile Phone Cable, USB Cable.

Who are the key members and board of directors at Maxtone Electronics P?

Board Members (4)

NameDesignationAppointment DateStatus
Naresh Parmar Country flag representing In Director 22-May-2015Current
Nipun Sancheti Country flag representing In Director 25-Jan-2024Current
Kunal Sancheti Country flag representing In Director 25-Jan-2024Current
Champakraj Gurjar Country flag representing In Director 23-Jun-1994Current

Financial Performance of Maxtone Electronics P.

Maxtone Electronics P Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.76% decrease. The company also saw a substantial improvement in profitability, with a 32.37% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.88%.

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
-56.76%
Revenue from Operations
-48.05%
Total Assets
-14.40%
Profit or Loss
32.37%
Net Worth
-12.88%
EBITDA
104.03%

What is the Ownership and Shareholding Structure of Maxtone Electronics P?

In 2021, Maxtone Electronics P had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.02 Cr

Satisfied Charges

₹29.14 Cr

Charges Breakdown by Lending Institutions

  • Mashreq Bank : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
04 Apr 1997Mashreq Bank₹0.19 MOpen
01 Dec 2017Others₹2.97 CrSatisfied
29 Mar 2014Deutsche Bank Ag₹3.32 CrSatisfied
22 Oct 2011Yes Bank Limited₹4.50 CrSatisfied
19 Oct 2011Yes Bank Limited₹4.50 CrSatisfied

How Many Employees Work at Maxtone Electronics P?

Maxtone Electronics P has a workforce of 1 employees as of Apr 04, 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 Maxtone Electronics P, 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 Maxtone Electronics P'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 Maxtone Electronics P

Recent activity within the organization

  • Director Appointment

    Nipun Dhiraj Sancheti was appointed as a Director was appointed as a Director on 25 Jan 2024 & has been associated with this company since 1 year 29 days .

    25 Jan 2024

  • Director Appointment

    Kunal Pankaj Sancheti was appointed as a Director was appointed as a Director on 25 Jan 2024 & has been associated with this company since 1 year 29 days .

    25 Jan 2024

  • Charges

    A charge registered on 01 Dec 2017 via Charge ID 100184273 with Others was fully satisfied on 11 Jan 2024.

    11 Jan 2024

  • Annual General Meeting

    Maxtone Electronics P Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Maxtone Electronics P Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.97 Cr with Charge ID 100184273 was registered on 01 Dec 2017.

    01 Dec 2017

Frequently asked questions

  • Maxtone Electronics P Ltd was incorporated on 23 Jun 1994.

  • The authorized share capital of Maxtone Electronics P Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.07 Cr.

  • Currently 4 directors are associated with Maxtone Electronics P Ltd.

    • Naresh Shantilal Parmar
    • Nipun Dhiraj Sancheti
    • Kunal Pankaj Sancheti
    • Champakraj Juharmal Gurjar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maxtone Electronics P Ltd is 414 Creative Ind Estaten M Marg Parel India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Maxtone Electronics P Ltd is U32109MH1994PTC079143 and the company number is 079143 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maxtone Electronics P Ltd is https://www.maxtone.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maxtone Electronics P Ltd has fallen by -56.76%.

  • As Per 2023 financial reports, 1 employees are currently employed by Maxtone Electronics P Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maxtone Electronics P Ltd has experienced an downturn of -12.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maxtone Electronics P Ltd amount to ₹ 0.19 M.

  • The most recent Balance Sheet for Maxtone Electronics P Ltd was filed with the ROC on 31 Mar 2023.

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