About Rave Maxpro IT Solutions Limited
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Rave Maxpro IT Solutions Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2008PLC069110. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rajeshkumar Chandan and Muthaiah Selvaraj.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 7/4 Ist Floor Karuneegar Street, Chennai, Tamil Nadu, India – 600088.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.18 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹26,930 (net margin -2.6%) and EBITDA of ₹86,399 (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ravemaxpro.co.in.
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- Website
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- Registered Address7/4 Ist Floor Karuneegar Street, Chennai, Tamil Nadu, India – 600088
- IndustryInformation Technology, IT Consulting & Support 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
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Business Activity of Rave Maxpro IT Solutions Limited
The main business activity of Rave Maxpro IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, 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 Rave Maxpro IT Solutions Limited FY 2019 filings available
Rave Maxpro IT Solutions Limited reported revenue of ₹10.18 Lakh (down 83% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Rave Maxpro IT Solutions Limited
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 83% fall in the latest year. EBITDA rose 105% 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 Rave Maxpro IT Solutions Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹10.18 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹86,399 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26,930 | •••• | •••• | •••• | •••• |
| 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 Rave Maxpro IT Solutions Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.6% | •••• | •••• | •••• | •••• |
| 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 Rave Maxpro IT Solutions 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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techgarner IT Services Private Limited | ₹10.19 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Nashik, Maharashtra, India |
| Show My Bills Private Limited | ₹10.19 Lakh (FY 2024) | •••• | •••• | 146.0% | •••• | Pune, Maharashtra, India |
| Fots Info Solutions Private Limited | ₹10.19 Lakh (FY 2024) | •••• | •••• | •••• | Ranchi, Jharkhand, India | |
| SMP Infosolutions Private Limited | ₹10.19 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Savik Zenextec Private Limited | ₹10.19 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Thane, Maharashtra, India |
| Rave Maxpro IT Solutions Limited this company | ₹10.18 Lakh (FY 2019) | •••• | •••• | -83.0% | •••• | Chennai, Tamil Nadu, India |
| Ur Technology and Computers Private Limited | ₹10.18 Lakh (FY 2024) | •••• | •••• | •••• | Udaipur, Rajasthan, India | |
| Kapiital Kapslock Private Limited | ₹10.18 Lakh (FY 2022) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Pramalik IT Solutions Private Limited | ₹10.17 Lakh (FY 2025) | •••• | •••• | •••• | Cuttack, Odisha, India | |
| Calisto Technologies Private Limited | ₹10.16 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Secunderabad, Telangana, India |
| Aevum Infosoft Private Limited | ₹10.13 Lakh (FY 2020) | •••• | •••• | 11.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Rave Maxpro IT Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions Limited is audited by G P D B & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G P D B & 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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Chandan | Director | 01 Sep 2008 | 18 Years 1 Months | Current |
| Muthaiah Selvaraj Also directs: Maxpro Technologies Private Limited | Director | 01 Sep 2008 | 18 Years 1 Months | Current |
| Sinthalapadi Venkatasubramania Raja Ramkumar Also directs: Maxpro Technologies Private Limited | Director | 01 Sep 2008 | 18 Years 1 Months | Current |
Ownership and Shareholding of Rave Maxpro IT Solutions 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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rave Maxpro IT Solutions Limited
Employment history and EPFO contributions of people linked to Rave Maxpro IT Solutions.
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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions Limited has 3 board changes on record since 2008: 3 appointments. The latest: Muthaiah Selvaraj was appointed as Director on 01 Sep 2008.
Credit Ratings, Litigation & Regulatory Alerts for Rave Maxpro IT Solutions 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 Rave Maxpro IT Solutions 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 Rave Maxpro IT Solutions 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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Rave Maxpro IT Solutions 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 Rave Maxpro IT Solutions Limited
Rave Maxpro IT Solutions is an active public limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 September 2008 (18+ years old) and is registered under CIN U72200TN2008PLC069110.
Rave Maxpro IT Solutions reported revenue of ₹10.18 Lakh for FY 2019 (down 83% YoY).
Rave Maxpro IT Solutions has 3 current directors:
- Rajeshkumar Chandan - Director
- Muthaiah Selvaraj - Director
- Sinthalapadi Venkatasubramania Raja Ramkumar - Director
Rave Maxpro IT Solutions reported a net loss of ₹26,930 (net margin -2.6%) and EBITDA of ₹86,399 (EBITDA margin 8.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rave Maxpro IT Solutions is -52% over three years. In the latest year (FY 2019) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.
No. Rave Maxpro IT Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rave Maxpro IT Solutions is U72200TN2008PLC069110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rave Maxpro IT Solutions was incorporated on 01 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Rave Maxpro IT Solutions by revenue are Techgarner IT Services Private Limited, Show My Bills Private Limited, Fots Info Solutions Private Limited, SMP Infosolutions Private Limited, Savik Zenextec Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Muthaiah Selvaraj was appointed as Director on 01 Sep 2008. Rajeshkumar Chandan was appointed as Director on 01 Sep 2008. Sinthalapadi Venkatasubramania Raja Ramkumar was appointed as Director on 01 Sep 2008.
Rave Maxpro IT Solutions can be reached through the website ravemaxpro.co.in. Its registered office is in Chennai, Tamil Nadu, India.