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Maxtech Healthcare Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.84 Cr
▲ 19% YoY
Net loss · FY 2024
₹58.23 Lakh
Net margin -12%
EBITDA · FY 2024
₹5.13 Lakh
EBITDA margin 1.1%
Authorised capital
₹6.3 Lakh
Registered with MCA
Paid-up capital
₹1.46 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
29
Provident fund records
Directors on board
4
As per MCA filings
About Maxtech Healthcare Private Limited
Data last updated:
Maxtech Healthcare Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 14 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2020PTC347912. Its GSTIN is 27AANCM9092Q1ZA (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.3 Lakh and a paid-up capital of ₹1.46 Lakh. It is led by directors including Jayesh Navinbhai Sheth and Nilesh Parasmal 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 2024. The registered office is at Shop No.10 Pragati Shopping Centre Nr. Railway Station Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.84 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹58.23 Lakh (net margin -12%) and EBITDA of ₹5.13 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 181% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxtech Healthcare. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
For more details, the company can be reached via its website maxtechhealth.com.
Company details
CIN U36999MH2020PTC347912
Registration Number 347912
Incorporation Date 14 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Key People
Uttamchand Bastimal Jain Additional Director Jayesh Navinbhai Sheth Director Manish Parasmal Shah Additional Director Recognitions & Rankings of Maxtech Healthcare
Contact details
Maxtech Healthcare Private Limited's registered office is in Mumbai, Maharashtra. Its website is maxtechhealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No.10 Pragati Shopping Centre Nr. Railway Station Malad East, Mumbai, Maharashtra, India – 400097
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Maxtech Healthcare Private Limited, buy the company report.
Comprehensive company report
Maxtech Healthcare Private Limited - one report that includes everything
- 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
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Brands
Maxtech Healthcare operates one associated brand: Maxtech Healthcare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies and rents medical equipment including oxygen machines and diapers. | maxtechhealth.com |
Business activity
The main business activity of Maxtech Healthcare is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maxtech Healthcare Private Limited, buy the company report.
Financials of Maxtech Healthcare Private Limited
FY 2024 filings availableMaxtech Healthcare Private Limited reported revenue of ₹4.84 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹4.84 Cr ▲ 19%
Net loss · FY 2024
₹58.23 Lakh margin -12%
EBITDA · FY 2024
₹5.13 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 181%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 181% over three years, including 19% growth in the latest year. EBITDA fell 26% 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 |
|---|---|---|---|---|
| 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 | ₹5.13 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹58.23 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.1% | |||
| Net Profit Margin | -12% | |||
| 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 Maxtech Healthcare Private Limited, buy the company report.
Board of directors of Maxtech Healthcare Private Limited
Maxtech Healthcare has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttamchand Bastimal Jain Also directs: Maxwell Agency LLP, Maxtech Health LLP, Medilife Health Sciences Private Limited and 5 more | Additional Director | 12 Mar 2025 | 1 Years 8 Months | Current |
| Jayesh Navinbhai Sheth | Director | 08 Nov 2022 | 4 Years 0 Months | Current |
| Manish Parasmal Shah Also directs: Maxwell Agency LLP, Maxtech Health LLP, Medilife Health Sciences Private Limited and 4 more | Additional Director | 12 Mar 2025 | 1 Years 8 Months | Current |
| Nilesh Parasmal Shah Also directs: Maxwell Agency LLP, Maxtech Health LLP, Medirise Life Sciences Private Limited and 3 more | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Maxtech Healthcare Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forsure Healthcare Products Private Limited | ₹4.94 Cr (FY 2024) | 65.0% | Delhi, India | |||
| Senechio Pharma Private Limited | ₹4.85 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Maxtech Healthcare Private Limitedthis company | ₹4.84 Cr (FY 2024) | -₹58.23 Lakh | -12% | 19.0% | 29 | Mumbai, Maharashtra, India |
| Megh Meditech Private Limited | ₹4.63 Cr (FY 2022) | 3840.0% | Delhi, India |
To see the full peer comparison of Maxtech Healthcare Private Limited, buy the company report.
Auditor
Maxtech Healthcare Private Limited is audited by GORADIYA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORADIYA & ASSOCIATES | FY 2022 | 122620 |
Shareholding
The shareholding of Maxtech Healthcare Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maxtech Healthcare Private Limited, buy the company report.
Legal cases
Maxtech Healthcare Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
To see the full case history of Maxtech Healthcare 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
No delayed payments to MSME suppliers are on our record for Maxtech Healthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxtech Healthcare Private Limited has a workforce of 29 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
7.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 29 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Maxtech Healthcare Private Limited, buy the company report.
GST
Maxtech Healthcare has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM9092Q1ZA | Maharashtra | Active | 02 Nov 2020 |
| 24AANCM9092Q1ZG | Gujarat | Active | 07 Dec 2022 |
To see the full GST registrations and return filing status of Maxtech Healthcare Private Limited, buy the company report.
Recent activity
Maxtech Healthcare Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Manish Parasmal Shah was appointed as Additional Director on 12 Mar 2025.
AGM
Maxtech Healthcare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Manish Parasmal Shah was appointed as Additional Director.
Appointed
Uttamchand Bastimal Jain was appointed as Additional Director.
Filing
Maxtech Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Uttamchand Bastimal Jain ceased to be Director.
Ceased
Manish Parasmal Shah ceased to be Additional Director.
Appointed
Jayesh Navinbhai Sheth was appointed as Director.
Appointed
Nilesh Parasmal Shah was appointed as Director.
Incorporation
14 Oct 2020
Maxtech Healthcare Private Limited was registered on 14 Oct 2020 with Roc Mumbai & aged 6 years 29 days as per MCA records.
Frequently asked questions
Maxtech Healthcare is an active private limited company based in Mumbai, Maharashtra, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 14 October 2020 (6+ years old) and is registered under CIN U36999MH2020PTC347912.
Maxtech Healthcare has 4 current directors:
- Uttamchand Bastimal Jain - Additional Director
- Jayesh Navinbhai Sheth - Director
- Manish Parasmal Shah - Additional Director
- Nilesh Parasmal Shah - Director
The latest financial statements of Maxtech Healthcare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Maxtech Healthcare is 27AANCM9092Q1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AANCM9092Q1ZG (Gujarat).
The CIN (Corporate Identification Number) of Maxtech Healthcare is U36999MH2020PTC347912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxtech Healthcare has 2 court cases on record: 2 filed against it. 2 are pending.
Maxtech Healthcare was incorporated on 14 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maxtech Healthcare by revenue are Forsure Healthcare Products Private Limited, Senechio Pharma Private Limited, Megh Meditech Private Limited, all in the Ecommerce and Internet industry (Healthcare Products), with the same principal business activity (wholesale trading).
Manish Parasmal Shah was appointed as Additional Director on 12 Mar 2025. Uttamchand Bastimal Jain was appointed as Additional Director on 12 Mar 2025. Uttamchand Bastimal Jain ceased to be Director on 20 Mar 2024. Maxtech Healthcare has 6 board changes on record in total.
Yes, Maxtech Healthcare is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Maxtech Healthcare can be reached through the website maxtechhealth.com. Its registered office is in Mumbai, Maharashtra, India.
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