
Maxim Innovative Private Limited
About Maxim Innovative Private Limited
Data last updated:
Maxim Innovative Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 01 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2012PTC068814. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Falgun Bhupendra Shah and Urmiben Falgunbhai Shah.
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 B/203 Shantanu Appartment Nr Azad Society Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.09 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 68.8%) and EBITDA of ₹1.74 Lakh (EBITDA margin 83.1%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maxim Innovative Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/203 Shantanu Appartment Nr Azad Society Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Maxim Innovative Private Limited, buy the company report.
- 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
Financials of Maxim Innovative Private Limited
FY 2025 filings availableMaxim Innovative Private Limited reported revenue of ₹2.09 Lakh (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 45% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.44 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.1% | ||||
| Net Profit Margin | 68.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Maxim Innovative Private Limited, buy the company report.
Board of directors of Maxim Innovative Private Limited
Maxim Innovative has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Falgun Bhupendra Shah | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Urmiben Falgunbhai Shah Also directs: Umber Earth LLP | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Maxim Innovative Private Limited is audited by NIRAL PARIKH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAL PARIKH & ASSOCIATES | FY 2017 | 134321W |
Shareholding
The shareholding of Maxim Innovative Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maxim Innovative Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maxim Innovative Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maxim Innovative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxim Innovative has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maxim Innovative Private Limited, buy the company report.
Recent activity
Maxim Innovative Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Falgun Bhupendra Shah was appointed as Director on 01 Feb 2012.
Frequently asked questions
Maxim Innovative is an active private limited company based in Ahmedabad, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 01 February 2012 (14+ years old) and is registered under CIN U52100GJ2012PTC068814.
Maxim Innovative has 2 current directors:
- Falgun Bhupendra Shah - Director
- Urmiben Falgunbhai Shah - Director
The latest financial statements of Maxim Innovative on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Maxim Innovative has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maxim Innovative is U52100GJ2012PTC068814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxim Innovative was incorporated on 01 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Falgun Bhupendra Shah was appointed as Director on 01 Feb 2012. Urmiben Falgunbhai Shah was appointed as Director on 01 Feb 2012.
The registered office of Maxim Innovative is at B203 Shantanu Appartment Nr Azad Society Ambawadi, Ahmedabad, Gujarat, India – 380015.
Maxim Innovative operates in the financial services industry, in the advisory segment.
The compliance status of Maxim Innovative is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.