Maxtone Electronics P Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.07 Cr
- Company Age 30 Year, 9 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 nine 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naresh Parmar  | Director | 22-May-2015 | Current |
| Nipun Sancheti | Director | 25-Jan-2024 | Current |
| Kunal Sancheti | Director | 25-Jan-2024 | Current |
| Champakraj Gurjar | Director | 23-Jun-1994 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Trade Association Of Information TechnologyChampakraj Gurjar is a mutual person
- Minitex International Private Limited
Naresh Parmar is a mutual person
- Ecotribe Sustainability Solutions Private Limited
Nipun Sancheti and Kunal Sancheti are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Apr 1997 | Mashreq Bank | ₹0.19 M | Open |
| 01 Dec 2017 | Others | ₹2.97 Cr | Satisfied |
| 29 Mar 2014 | Deutsche Bank Ag | ₹3.32 Cr | Satisfied |
| 22 Oct 2011 | Yes Bank Limited | ₹4.50 Cr | Satisfied |
| 19 Oct 2011 | Yes Bank Limited | ₹4.50 Cr | Satisfied |
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.
Deals i
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
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 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 2 months .
- 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 2 months .
- Charges
A charge registered on 01 Dec 2017 via Charge ID 100184273 with Others was fully satisfied on 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.
- Balance Sheet
Maxtone Electronics P Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 2.97 Cr with Charge ID 100184273 was registered on 01 Dec 2017.
Frequently asked questions
What is the Incorporation or founding date of Maxtone Electronics P Ltd?
Maxtone Electronics P Ltd was incorporated on 23 Jun 1994.
What is authorized share capital and paid-up capital of Maxtone Electronics P Ltd?
The authorized share capital of Maxtone Electronics P Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.07 Cr.
Who are the current board members & directors of Maxtone Electronics P Ltd?
Currently 4 directors are associated with Maxtone Electronics P Ltd.
- Naresh Shantilal Parmar
- Nipun Dhiraj Sancheti
- Kunal Pankaj Sancheti
- Champakraj Juharmal Gurjar
What is the registered address of Maxtone Electronics P Ltd?
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.
What is the corporate identification number (CIN) and company number of Maxtone Electronics P Ltd?
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).
What is the official website of Maxtone Electronics P Ltd?
The Official website of Maxtone Electronics P Ltd is https://www.maxtone.com
What has been the recent revenue trend for Maxtone Electronics P Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Maxtone Electronics P Ltd has fallen by -56.76%.
How many employees does Maxtone Electronics P Ltd currently have?
As Per 2023 financial reports, 1 employees are currently employed by Maxtone Electronics P Ltd.
What change has been observed in the net worth of Maxtone Electronics P Ltd, and by what percentage?
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%.
What are the total open charges for Maxtone Electronics P Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Maxtone Electronics P Ltd amount to ₹ 0.19 M.
When was the last Balance Sheet of Maxtone Electronics P Ltd filed with the ROC?
The most recent Balance Sheet for Maxtone Electronics P Ltd was filed with the ROC on 31 Mar 2023.
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