- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0096496

About Maxim Label & Packaging (India) Private Limited
Data last updated:
Maxim Label & Packaging (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Everearth Cor Ltd. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 10 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21090KA2009FTC050365. Its GSTIN is 29AAGCM0948L1Z0 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹16.86 Cr. It is led by directors including Ruchira Sachdeva and Lee Chung Chang.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 54 Bengaluru IT Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.74 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.73 Cr (net margin -3.6%) and EBITDA of -₹1.7 Cr (EBITDA margin -2.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 147 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending. The company has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹11.95 Cr; the latest was in August 2014. The company has 23 MSME Form 1 returns on record between 2020 and 2024, listing 13,553 overdue payments to 119 micro and small suppliers.
Maxim Label & Packaging (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0096496). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxim-group.com.
Company details
Recognitions & Rankings of Maxim Label & Packaging (India)
Contact details
Maxim Label & Packaging (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is maxim-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 54 Bengaluru IT Park Industrial Area, Arebinnamangala Village Jala Hobli Yelahanka Taluk, Bangalore, Karnataka, India – 562149
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Maxim Label & Packaging (India) 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
Business activity
The main business activity of Maxim Label & Packaging (India) is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Maxim Label & Packaging (India) Private Limited, buy the company report.
Financials of Maxim Label & Packaging (India) Private Limited
FY 2024 filings availableMaxim Label & Packaging (India) Private Limited reported revenue of ₹74.74 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 109% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.7 Cr | ||||
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| Net Profit (PAT) | -₹2.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | ||||
| Net Profit Margin | -3.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maxim Label & Packaging (India) Private Limited, buy the company report.
Board of directors of Maxim Label & Packaging (India) Private Limited
Maxim Label & Packaging (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchira Sachdeva | Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Lee Chung Chang | Director | 10 Jul 2009 | 17 Years 3 Months | Current |
| Suo Jung Chai | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Maxim Label & Packaging (India) Private Limited is audited by N J Suresh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N J Suresh & Associates | FY 2023 | 010449S |
Shareholding
The shareholding of Maxim Label & Packaging (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxim Label & Packaging (India) Private Limited, buy the company report.
Deals & funding
Maxim Label & Packaging (India) Private Limited has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹11.95 Cr; the latest was in August 2014.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Rights issue | ₹4.26 Cr | Investors: Everearth Company Limited |
| Sep 2013 | Funding round | ₹7.08 Cr | Investors: Everearth Company Limited, Evermax International Limited |
| Nov 2012 | Funding round | ₹2.17 Cr | Investors: Evermax International Limited |
| Apr 2011 | Funding round | ₹2.36 Cr | Investors: Evermax International Limited |
| Sep 2009 | Funding round | ₹33.8 Lakh | Investors: Evermax International Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maxim Label & Packaging (India) Private Limited has 4 court cases on record: 2 filed by Maxim Label & Packaging (India), 2 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Commercial suit | Filed by the company against Ahura Mazda Manufacturing Company Pvt Ltd and 1 other | Pending |
| District court, South Goa, Goa | Civil suit | Filed against the company by M/S Borkar Packaging Pvt Ltd | Pending |
| High Court | Court case (CRL.P) | Filed by the company against State of Karnataka and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Maxim Label & Packaging (India) Private Limited, buy the company report.
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.
MSME payment delays
Maxim Label & Packaging (India) Private Limited has 23 MSME Form 1 returns on record between 2020 and 2024, listing 13,553 overdue payments to 119 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 119)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Continuity Printers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Maxim Label & Packaging (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Maxim Label & Packaging (India) Private Limited has a workforce of 147 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Maxim Label & Packaging (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM0948L1Z0 | Karnataka | Active | 01 Jul 2017 |
| 29AAGCM0948L2ZZ | Karnataka | Active | 28 Feb 2025 |
| 06AAGCM0948L1Z8 | Haryana | Active | 21 Jan 2019 |
To see the full GST registrations and return filing status of Maxim Label & Packaging (India) Private Limited, buy the company report.
Recent activity
Maxim Label & Packaging (India) Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Suo Jung Chai ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Maxim Label & Packaging (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 10 July 2009 (17+ years old) and is registered under CIN U21090KA2009FTC050365.
Maxim Label & Packaging (India) has 3 current directors:
- Ruchira Sachdeva - Director
- Lee Chung Chang - Director
- Suo Jung Chai - Director
The latest financial statements of Maxim Label & Packaging (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maxim Label & Packaging (India) is 29AAGCM0948L1Z0, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAGCM0948L2ZZ (Karnataka), 06AAGCM0948L1Z8 (Haryana).
The CIN (Corporate Identification Number) of Maxim Label & Packaging (India) is U21090KA2009FTC050365. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxim Label & Packaging (India) has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Maxim Label & Packaging (India) was incorporated on 10 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Maxim Label & Packaging (India) has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹11.95 Cr; the latest was in August 2014.
Suo Jung Chai ceased to be Additional Director on 30 Sep 2022. Suo Jung Chai was appointed as Director on 01 Aug 2022. Chai Swo Chung ceased to be Director on 31 Jul 2022. Maxim Label & Packaging (India) has 10 board changes on record in total.
Yes, Maxim Label & Packaging (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0096496).
Maxim Label & Packaging (India) has 23 MSME Form 1 returns on record between 2020 and 2024, listing 13,553 overdue payments to 119 micro and small suppliers. The latest return was filed on 20 Apr 2024.

