I-Max Services Limited
About I-Max Services Limited
Data last updated:
I-Max Services Limited is a public limited company based in Bhubaneswar, Odisha, India, a subsidiary of Skb Realty Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74140OR2010PLC012264. Its GSTIN is 21AADCI7182H1ZO (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹88 Lakh. It was formerly known as I-Max Services Private Limited. It is led by directors including Chandan Raypattnaik and Biswaranjan Sahoo.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Idco Tower Janpath, Bhubaneswar, Odisha, India – 751022.
As per the financials filed for FY 2025, the company reported a revenue of ₹77,381, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Lakh (net margin -141.5%) and EBITDA of -₹1.06 Lakh (EBITDA margin -136.7%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 26% over five years.
Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address5th Floor Idco Tower Janpath, Bhubaneswar, Odisha, India – 751022
- IndustryBusiness Outsourcing, Business & IT Consulting
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of I-Max Services Limited
The main business activity of I-Max Services is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of I-Max Services Limited FY 2025 filings available
I-Max Services Limited reported revenue of ₹77,381 (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of I-Max Services Limited
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA fell 38% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of I-Max Services Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.1 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of I-Max Services Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -136.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -141.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of I-Max Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of I-Max Services Limited
I-Max Services Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumitra Finance Private Limited | ₹77,870 (FY 2024) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| RMS Diversified Private Limited | ₹77,858 (FY 2025) | •••• | •••• | 121.0% | •••• | New Delhi, Delhi, India |
| V Kumar Construction Private Limited | ₹77,853 (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Upasna India Nidhi Limited | ₹77,500 (FY 2020) | •••• | •••• | •••• | Patna, Bihar, India | |
| Mangla Star Marketing Private Limited | ₹77,467 (FY 2025) | •••• | •••• | 30.0% | •••• | Jaipur, Rajasthan, India |
| I-Max Services Limited this company | ₹77,381 (FY 2025) | •••• | •••• | 25.0% | •••• | Bhubaneswar, Odisha, India |
| Ashakiran Enterprises Private Limited | ₹77,292 (FY 2025) | •••• | •••• | -79.0% | •••• | Vadodara, Gujarat, India |
| Techflow Consultancy Private Limited | ₹77,270 (FY 2024) | •••• | •••• | -68.0% | •••• | Tezpur, Assam, India |
| Exolvo Technologies Private Limited | ₹77,100 (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Bhansali Comtrade Intermediate Private Limited | ₹77,093 (FY 2025) | •••• | •••• | -94.0% | •••• | Bhavnagar, Gujarat, India |
| Anuradha Investments Ltd | ₹76,960 (FY 2025) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below I-Max Services by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of I-Max Services Limited
I-Max Services Limited is audited by R. K. Sahoo & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. K. Sahoo & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of I-Max Services Limited
I-Max Services has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandan Raypattnaik Also directs: Nav Durga Aviation Private Limited | Director | 14 Jan 2015 | 11 Years 8 Months | Current |
| Biswaranjan Sahoo Also directs: Paltronics Allied Industries Private Limited, BBB Hotel Private Limited, BBB Resorts Private Limited and 3 more | Director | 22 Jul 2014 | 12 Years 2 Months | Current |
| Baijayanti Sahoo Also directs: Paltronics Allied Industries Private Limited, RKF Infoservices Private Limited, SKB Realty Private Limited and 5 more | Director | 26 Jul 2010 | 16 Years 2 Months | Current |
Ownership and Shareholding of I-Max Services Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of I-Max Services Limited
I-Max Services Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of I-Max Services Limited
I-Max Services Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at I-Max Services Limited
Employment history and EPFO contributions of people linked to I-Max Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of I-Max Services Limited
I-Max Services has one previous CIN (Corporate Identification Number): U74140OR2010PTC012264. The current CIN is U74140OR2010PLC012264, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140OR2010PLC012264 | Current |
| U74140OR2010PTC012264 | Previous |
Recent Activity on I-Max Services Limited
I-Max Services Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Abhiram Prasad Patnaik ceased to be Director on 14 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for I-Max Services Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by I-Max Services Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of I-Max Services Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of I-Max Services Limited
I-Max Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCI7182H1ZO | Odisha | Active | 01 Feb 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of I-Max Services Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about I-Max Services Limited
I-Max Services is an active public limited company based in Bhubaneswar, Odisha, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 July 2010 (16+ years old) and is registered under CIN U74140OR2010PLC012264.
I-Max Services reported revenue of ₹77,381 for FY 2025 (up 25% YoY).
I-Max Services has 3 current directors:
- Chandan Raypattnaik - Director
- Biswaranjan Sahoo - Director
- Baijayanti Sahoo - Director
I-Max Services reported a net loss of ₹1.1 Lakh (net margin -141.5%) and EBITDA of -₹1.06 Lakh (EBITDA margin -136.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of I-Max Services is 37% over three years and -26% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of I-Max Services is 21AADCI7182H1ZO, registered in Odisha.
The CIN (Corporate Identification Number) of I-Max Services is U74140OR2010PLC012264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Max Services has 1 court case on record.
I-Max Services was incorporated on 26 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of I-Max Services by revenue are Sumitra Finance Private Limited, RMS Diversified Private Limited, V Kumar Construction Private Limited, Upasna India Nidhi Limited, Mangla Star Marketing Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Abhiram Prasad Patnaik ceased to be Director on 14 Aug 2025. Dhaneswar Patra ceased to be Director on 12 Mar 2020. Bikram Kishora Das ceased to be Director on 20 May 2019. I-Max Services has 7 board changes on record in total.