Axis Max Life Insurance Limited

Axis Max Life Insurance Limited - financial services in Tehsil Balachaur, Punjab, India. FY 2026 financials and compliance.
CIN U74899PB2000PLC045626 Incorporated 11 July 2000 ROC Chandigarh HQ Tehsil Balachaur, Punjab, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2024
₹691 Cr
▼ 12.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹3,000 Cr
Registered with MCA
Paid-up capital
₹2,061.39 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
26 yrs
Est. 2000
Last financials
Mar 2025
Balance sheet date

About Axis Max Life Insurance Limited

Data last updated: 24 December 2025

Axis Max Life Insurance Limited is a public limited company based in Tehsil Balachaur, Punjab, India, a subsidiary of Max Financial Services Limited. It specialises in life insurance providers, a part of the broader financial services sector. Incorporated on 11 July 2000, the company has been in operation for over 26 years.

Registered with ROC Chandigarh under CIN U74899PB2000PLC045626.

Capital: an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹2,061.39 Cr. Formerly known as Max New York Life Insurance Company Limited. It is led by directors including Mohit Talwar and Pradeep Pant.

Last AGM: 13 May 2025. Financial statements filed for year ended 31 March 2025. Office: 419 Bhai Mohan Singh Nagar Railmajra, Tehsil Balachaur, Punjab, India – 144533.

As per the financials filed for FY 2024, the company reported a revenue of ₹691 Cr, a decline of 12% compared to the previous year.

It operates as a subsidiary of Max Financial Services Limited. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Max Life Insurance.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxlifeinsurance.com.

Company Details of Axis Max Life Insurance Limited
CIN U74899PB2000PLC045626
Registration Number 045626
Incorporation Date 11 July 2000
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 May 2025
Date of Balance Sheet 31 March 2025
Parent Company Max Financial Services Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    419 Bhai Mohan Singh Nagar Railmajra, Tehsil Balachaur, Punjab, India – 144533
  • Industry
    Financial Services, Life Insurance Providers
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Financials, compliance, directors, charges, ownership and filings for Axis Max Life Insurance Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited has one previous CIN (Corporate Identification Number): U74899DL2000PLC106723. The current CIN is U74899PB2000PLC045626, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74899PB2000PLC045626 Current
U74899DL2000PLC106723 Previous

Associated Brands with Axis Max Life Insurance Limited

Axis Max Life Insurance Limited operates one associated brand: Max Life Insurance. These brands represent Axis Max Life Insurance Limited's diversified market presence and brand portfolio.

Brand Description Website
Life insurance plans and policies are offered for protection. maxlifeinsurance.com

Competitors & Alternatives of Axis Max Life Insurance Limited

Brands and companies operating in the same space as Axis Max Life Insurance Limited include Allstate, Aflac, MetLife and 5 more.

Competitor Description Location Founded
Allstate Allstate Online insurance for life, property, auto, and business is provided. Chicago, United States, United States 1931
Aflac Aflac Financial protection via accident, life, and supplemental insurance is provided. Columbus, United States, United States 1955
MetLife MetLife Internet-based life, health, auto, home, and pet insurance is offered. New York, United States, United States 1868
Progressive Insurance Progressive Insurance Auto, home, life, health, and business insurance is provided online. Mayfield Heights, United States, United States 1937
AIG AIG AIG is recognized as a leading global insurance organization. New York, United States, United States 1919
Amica Amica Amica Mutual Insurance Company is engaged in providing various insurance products. Lincoln, United States, United States 1907
Direct Line Direct Line Insurance brokerage services are offered online by Direct Line. Leeds, United Kingdom, United Kingdom 1985
CopperPoint CopperPoint Offers workers' compensation and commercial insurance to businesses across various industries. Phoenix, United States, United States 1925

Business Activity of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including life/non-life insurance and reinsurance activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K3 Life/Non-life Insurance and Reinsurance activities Locked
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Auditor Details of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited is audited by B.K. Khare & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
B.K. Khare & Co. Locked Locked Locked
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Board of Directors and KMP of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited currently reports 11 directors and 1 key managerial person. 45 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Mohit Talwar Director 30 Jan 2016 10 Years 6 Months Current
Pradeep Pant Director 07 Feb 2019 7 Years 6 Months Current
Sahil Vachani Director 18 May 2018 8 Years 3 Months Current
Girish Shrikrishna Paranjape Director 06 Apr 2021 5 Years 4 Months Current
Mitsuru Yasuda Director 24 Jul 2020 6 Years 0 Months Current
Mohanty Subrat Director 06 Apr 2021 5 Years 4 Months Current
Showing 6 of 12 current directors and KMP. View all directors and KMP

Financials of Axis Max Life Insurance Limited FY 2025 filings available

Axis Max Life Insurance Limited reported revenue of ₹691 Cr (down 12.00% YoY) for FY 2024.

Revenue · FY 2024
₹691 Cr ▼ 12.00%
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Ten-year financial statements for Axis Max Life Insurance Limited

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Ownership and Shareholding of Axis Max Life Insurance Limited

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Group Structure of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Axis Max Life Insurance Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Max Life Pension Fund Management Limited U66020HR2022PLC101655 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings Axis Max Life Insurance Limited

Axis Max Life Insurance Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Axis Max Life Insurance Limited

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Employee and EPFO history for Axis Max Life Insurance Limited

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GST Compliance of Axis Max Life Insurance Limited

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GST registrations and filing compliance for Axis Max Life Insurance Limited

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Credit Ratings, Litigation & Regulatory Alerts for Axis Max Life Insurance Limited

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Credit ratings, litigation, and regulatory alerts for Axis Max Life Insurance Limited

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MSME Payment Delays by Axis Max Life Insurance Limited

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MSME payment history for Axis Max Life Insurance Limited

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Subsidiaries & Group Companies of Axis Max Life Insurance Limited

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Corporate group structure for Axis Max Life Insurance Limited

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MCA Filings & Documents of Axis Max Life Insurance Limited

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MCA filings and documents for Axis Max Life Insurance Limited

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Recent Activity on Axis Max Life Insurance Limited

Directors
23 Oct 2025
Sumit Madan was appointed as a Ceo on 23 Oct 2025 & has been associated with this company since 9 months 29 days.
Directors
01 Oct 2025
Sumit Madan was appointed as a CEO on 01 Oct 2025 & has been associated with this company since 10 months 20 days.
Directors
01 Oct 2025
Rajkamal Vempati was appointed as a Additional Director on 01 Oct 2025 & has been associated with this company since 10 months 20 days.
Activity
13 May 2025
Axis Max Life Insurance Limited last Annual general meeting of members was held on 13 May 2025 as per latest MCA records.
Activity
31 Mar 2025
Axis Max Life Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Directors
29 Apr 2024
Munish Sharda was appointed as a Director on 29 Apr 2024 & has been associated with this company since 2 years 3 months.

Recent News on Axis Max Life Insurance Limited

Frequently Asked Questions about Axis Max Life Insurance Limited

Axis Max Life Insurance Limited is an active public limited company in the financial services sector based in Tehsil Balachaur, Punjab, India. It was incorporated on 11 July 2000 (26+ years old) and is registered under CIN U74899PB2000PLC045626.

Axis Max Life Insurance Limited reported revenue of ₹691 Cr for FY 2024 (down 12.00% YoY).

The current directors and KMP of Axis Max Life Insurance Limited are:

The primary industry of Axis Max Life Insurance Limited is financial services. The company specifically operates in life insurance providers. The company is currently active in this sector.

Axis Max Life Insurance Limited can be reached at the registered office: 419 Bhai Mohan Singh Nagar Railmajra, Tehsil Balachaur, Punjab, India – 144533, or through the website maxlifeinsurance.com.

The authorised capital is ₹3,000 Cr, and the paid-up capital is ₹2,061.39 Cr.

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