Maxwell Merchants Private Limited
About Maxwell Merchants Private Limited
Data last updated:
Maxwell Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC166319.
The company has an authorised share capital of ₹1.08 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Pawan Kumar Anchalia and Kovid Mukherjee.
Its last annual general meeting (AGM) was held on 29 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3A R. K. Chatterjee Road, Kolkata, West Bengal, India – 700042.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.19 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹49.53 Lakh (net margin 56.8%) and EBITDA of ₹66.09 Lakh (EBITDA margin 75.8%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 18% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3A R. K. Chatterjee Road, Kolkata, West Bengal, India – 700042
- IndustryFinancial Services, Brokerage & Trading Services
- 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 Maxwell Merchants Private Limited
The main business activity of Maxwell Merchants is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Maxwell Merchants Private Limited FY 2025 filings available
Maxwell Merchants Private Limited reported revenue of ₹87.19 Lakh (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maxwell Merchants Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 23% fall in the latest year. EBITDA rose 1% 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 Maxwell Merchants Private 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 | ₹66.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.53 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 Maxwell Merchants Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 56.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Maxwell Merchants 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 Maxwell Merchants Private Limited
Maxwell Merchants Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking 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 |
|---|---|---|---|---|---|---|
| Ashlar Commodities Private Limited | ₹87.7 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Noida, Uttar Pradesh, India |
| Wavin Investments Private Limited | ₹87.68 Lakh (FY 2025) | •••• | •••• | 92.0% | •••• | Chennai, Tamil Nadu, India |
| Shenbagam Investments Private Limited | ₹87.66 Lakh (FY 2025) | •••• | •••• | 100.0% | •••• | Madurai, Tamil Nadu, India |
| Fidelity Brokerage Private Limited | ₹87.41 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Ahmedabad, Gujarat, India |
| B O Constructions Private Limited | ₹87.3 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Kolkata, West Bengal, India |
| Maxwell Merchants Private Limited this company | ₹87.19 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| CGS International Securities India Private Limited | ₹87.12 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Excelium Technologies Private Limited | ₹86.99 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Max Value Plus Capital Private Limited | ₹86.9 Lakh (FY 2024) | •••• | •••• | 65.0% | •••• | Delhi, India |
| Om Dayal Holdings Limited | ₹86.84 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Mumbai, Maharashtra, India |
| Dhanwanti Projects Private Limited | ₹86.78 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Maxwell Merchants by revenue in the BFSI industry (Broking 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 Maxwell Merchants Private Limited
Maxwell Merchants Private Limited is audited by J B S & COMPANY for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J B S & COMPANY | 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 Maxwell Merchants Private Limited
Maxwell Merchants has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Kumar Anchalia | Director | 13 Oct 2015 | 11 Years 0 Months | Current |
| Kovid Mukherjee | Director | 04 Jan 2016 | 10 Years 9 Months | Current |
Ownership and Shareholding of Maxwell Merchants Private 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 Maxwell Merchants Private Limited
Maxwell Merchants Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Maxwell Merchants Private Limited
Maxwell Merchants Private Limited has 2 court cases on record: 2 filed by Maxwell Merchants. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 2 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 Maxwell Merchants Private Limited
Employment history and EPFO contributions of people linked to Maxwell Merchants.
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.
Recent Activity on Maxwell Merchants Private Limited
Maxwell Merchants Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Kovid Mukherjee ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Maxwell Merchants Private 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 Maxwell Merchants Private 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 Maxwell Merchants Private 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 Maxwell Merchants Private Limited
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 Maxwell Merchants Private 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 Maxwell Merchants Private Limited
Maxwell Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 11 August 2011 (15+ years old) and is registered under CIN U51909WB2011PTC166319.
Maxwell Merchants reported revenue of ₹87.19 Lakh for FY 2025 (down 23% YoY).
Maxwell Merchants has 2 current directors:
- Pawan Kumar Anchalia - Director
- Kovid Mukherjee - Director
Maxwell Merchants reported a net profit of ₹49.53 Lakh (net margin 56.8%) and EBITDA of ₹66.09 Lakh (EBITDA margin 75.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxwell Merchants is -29% over three years and -18% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Maxwell Merchants is U51909WB2011PTC166319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxwell Merchants has 2 court cases on record: 2 filed by the company.
Maxwell Merchants was incorporated on 11 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Maxwell Merchants by revenue are Ashlar Commodities Private Limited, Wavin Investments Private Limited, Shenbagam Investments Private Limited, Fidelity Brokerage Private Limited, B O Constructions Private Limited and 5 more, all in the BFSI industry (Broking Services).
Kovid Mukherjee ceased to be Additional Director on 29 Sep 2017. Pawan Kumar Anchalia ceased to be Additional Director on 29 Sep 2017. Tanmoy Kuthari ceased to be Additional Director on 05 Jan 2016. Maxwell Merchants has 7 board changes on record in total.
The registered office of Maxwell Merchants is at 3A R. K. Chatterjee Road, Kolkata, West Bengal, India – 700042.