Maxvita Foods (India) Private Limited

Produces a variety of snack foods in Mysore, Karnataka since 2011.

2011 | Mandya, Karnataka (India) | Active
Last Updated: October 23, 2024

Maxvita Foods (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.51 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.48 Cr
  • Satisfied Charges ₹ 4.23 Cr
  • Revenue Growth 61.85%
  • Profit Growth -47.43%
  • Ebitda 27.23%
  • Net Worth 114.07%
  • Total Assets 25.10%

About Maxvita Foods (India)

Maxvita Foods (India) Private Limited (MFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2011 and has a history of 13 years and eight months. Its registered office is in Mandya, Karnataka, India.

The Company is engaged in the Food And Beverages 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 2.50 M and a paid-up capital of Rs 0.51 M.

The company currently has active open charges totaling ₹23.48 Cr. The company has closed loans amounting to ₹4.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Siji Jiji and Jijy Mathew serve as directors at the Company.

Company Details

  • Location

    Mandya, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maxvitafoods.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15400KA2011PTC134029

  • Company No.

    028478

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Food and Beverages

What products or services does Maxvita Foods (India) Private Limited offer?

Maxvita Foods (India) Private Limited offers a wide range of products and services, including Snacks and Namkeen, Chips, Snack Foods, Namkeen, Ready to Eat & Instant Food Mixes, Noodles Pasta & Instant Food, Potato Salted Chips, Cooking Spices and Masala, Masala Mix, Raw Kurkure.

Who are the key members and board of directors at Maxvita Foods (India)?

Executive Team (1)

Name Designation Appointment Date Status
Jijy Mathew Country flag representing In Managing Director 25-May-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Siji Jiji Country flag representing In Director 25-May-2011 Current

Financial Performance of Maxvita Foods (India).

Maxvita Foods (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.85% increase. The company also saw a substantial fall in profitability, with a 47.43% decrease in profit. The company's net worth Soared by an impressive increase of 114.07%.

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
61.85%
Revenue from Operations
62.07%
Total Assets
25.10%
Profit or Loss
-47.43%
Net Worth
114.07%
EBITDA
27.23%

What is the Ownership and Shareholding Structure of Maxvita Foods (India)?

In 2022, Maxvita Foods (India) had a promoter holding of 98.00% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹234.84 M

Satisfied Charges

₹42.31 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 16.25 Cr
  • Axis Bank Limited : 4.00 Cr
  • Sidbi : 3.01 Cr
  • Canara Bank : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
25 Jun 2024 Sidbi ₹5.62 M Open
03 Oct 2023 Sidbi ₹1.03 Cr Open
29 Sep 2023 Axis Bank Limited ₹4.00 Cr Open
16 Jun 2023 Sidbi ₹4.28 M Open
12 May 2023 Sidbi ₹5.38 M Open

How Many Employees Work at Maxvita Foods (India)?

Maxvita Foods (India) has a workforce of 44 employees as of Apr 01, 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 Maxvita Foods (India), 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 Maxvita Foods (India)'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 Maxvita Foods (India)

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 5.62 M with Charge ID 100941814 was registered on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 M registered on 29 Sep 2023 with Charge ID 100788637 was modified on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 160.20 M registered on 29 Oct 2022 with Charge ID 100649898 was modified on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge registered on 27 Jul 2016 via Charge ID 100057162 with Canara Bank was fully satisfied on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge with Sidbi amounted to Rs. 10.30 M with Charge ID 100799781 was registered on 03 Oct 2023.

    03 Oct 2023

  • Annual General Meeting

    Maxvita Foods (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Maxvita Foods (India) Private Limited was incorporated on 25 May 2011.

  • The authorized share capital of Maxvita Foods (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.51 M.

  • Currently 2 directors are associated with Maxvita Foods (India) Private Limited.

    • Siji Jiji
    • Jijy Mathew
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maxvita Foods (India) Private Limited is Kiadb Plot No.48 Hebbal 2Nd Phase Industrial Area, India, Mandya, Karnataka, 571606.

  • The corporate identification number (CIN) of Maxvita Foods (India) Private Limited is U15400KA2011PTC134029 and the company number is 028478 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maxvita Foods (India) Private Limited is https://www.maxvitafoods.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maxvita Foods (India) Private Limited has risen by 61.85%.

  • As Per 2023 financial reports, 44 employees are currently employed by Maxvita Foods (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maxvita Foods (India) Private Limited has experienced an upsurge of 114.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maxvita Foods (India) Private Limited amount to ₹ 23.48 Cr.

  • The most recent Balance Sheet for Maxvita Foods (India) Private Limited was filed with the ROC on 31 Mar 2023.