Plus Max Duty Free(Vizak) Private Limited

Imports and exports liquor, operates duty-free shops at international airports.

2016 | Namakkal, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Plus Max Duty Free(Vizak) Profile

Key Indicators

  • Authorised Capital ₹ 2.01 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth 1975.13%
  • Profit Growth -95.55%
  • Ebitda -90.87%
  • Net Worth -83.46%
  • Total Assets -30.75%

About Plus Max Duty Free(Vizak)

Plus Max Duty Free(Vizak) Private Limited (PMDFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2016 (Eight years and nine months 13 days old ). Its registered office is in Namakkal, Tamil Nadu, 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 2.01 Cr and a paid-up capital of Rs 2.01 Cr.

The company currently has active open charges totaling ₹3.00 Cr.

Ramasamy Suriyaprakasam and Natesan Manmani serve as directors at the Company.

Company Details

  • Location

    Namakkal, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    plusmax.com.my

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TZ2016PTC027524

  • Company No.

    027524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Food and Beverages

Who are the key members and board of directors at Plus Max Duty Free(Vizak)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramasamy Suriyaprakasam Country flag representing In Managing Director11-May-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Natesan Manmani Country flag representing In Additional Director 23-Mar-2024Current

Financial Performance of Plus Max Duty Free(Vizak).

Plus Max Duty Free(Vizak) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1975.13% increase. The company also saw a substantial fall in profitability, with a 95.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.46%.

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
1975.13%
Revenue from Operations
2237.37%
Total Assets
-30.75%
Profit or Loss
-95.55%
Net Worth
-83.46%
EBITDA
-90.87%

What is the Ownership and Shareholding Structure of Plus Max Duty Free(Vizak)?

In 2023, Plus Max Duty Free(Vizak) had a promoter holding of 48.87% and a public holding of 51.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2016Syndicate Bank₹3.00 CrOpen

How Many Employees Work at Plus Max Duty Free(Vizak)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plus Max Duty Free(Vizak), 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 Plus Max Duty Free(Vizak)'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 Plus Max Duty Free(Vizak)

Recent activity within the organization

  • Director Appointment

    Natesan Manmani was appointed as a Additional Director was appointed as a Additional Director on 23 Mar 2024 & has been associated with this company since 11 months 1 day .

    23 Mar 2024

  • Annual General Meeting

    Plus Max Duty Free(Vizak) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Plus Max Duty Free(Vizak) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Syndicate Bank amounted to Rs. 3.00 Cr with Charge ID 100093715 was registered on 31 Dec 2016.

    31 Dec 2016

  • Director Appointment

    Ramasamy Suriyaprakasam was appointed as a Managing Director was appointed as a Managing Director on 11 May 2016 & has been associated with this company since 8 years 9 months .

    11 May 2016

  • Company Incorporation

    Plus Max Duty Free(Vizak) Private Limited was registered on 11 May 2016 with Roc Coimbatore & aged 8 years 9 months as per MCA records.

    11 May 2016

Frequently asked questions

  • Plus Max Duty Free(Vizak) Private Limited was incorporated on 11 May 2016.

  • The authorized share capital of Plus Max Duty Free(Vizak) Private Limited is ₹ 2.01 Cr and paid-up capital is ₹ 2.01 Cr.

  • Currently 2 directors are associated with Plus Max Duty Free(Vizak) Private Limited.

    • Ramasamy Suriyaprakasam
    • Natesan Manmani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Plus Max Duty Free(Vizak) Private Limited is No. 86/18 Royal Complex Sankari Road Seetharampalayam, India, Tiruchengode, Tamil Nadu, 637209.

  • The corporate identification number (CIN) of Plus Max Duty Free(Vizak) Private Limited is U74999TZ2016PTC027524 and the company number is 027524 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Plus Max Duty Free(Vizak) Private Limited is https://www.plusmax.com.my

  • According to the financial reports for the fiscal year 2023, the revenue trend for Plus Max Duty Free(Vizak) Private Limited has risen by 1975.13%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Plus Max Duty Free(Vizak) Private Limited has experienced an downturn of -83.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Plus Max Duty Free(Vizak) Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Plus Max Duty Free(Vizak) Private Limited was filed with the ROC on 31 Mar 2023.

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