About MAXAM
MAXAM is a Natural Resources company based in Madrid (Spain) founded in 1872, and was acquired by Rhone Group in April 2020. Operations are managed across multiple industries by the diversified conglomerate. Its chief executive, as recorded, is Jose Fernando Sanchez-Junco. Its Indian entity Maxam India Private Limited reported revenue of ₹2.20 Cr. MAXAM offers products and services including Civil Explosives and X-Energy Platform. Its focus areas include Enterprise Applications, Mining Tech, Exploration and Blasting.
Company details
Founded in 1872 and headquartered in Madrid, Spain, MAXAM functions as a diversified conglomerate with activities spanning various sectors. Operations are extended globally, encompassing manufacturing, energy, and infrastructure services. Leadership is provided by executives including Jose Fernando Sanchez-Junco and Mike Aiken as CEOs. The companys domain, maxamcorp.com, supports its broad industrial engagements.
- Headquarters Madrid, Spain
- Stage Acquired
- SectorsNatural Resources
- Email••••••••
- Website maxamcorp.com
- Social LinkedIn X Facebook YouTube
- Acquired by Rhone Group (Apr 2020)
- Legal Name Maxam India Private Limited
- Date of Incorporation 09 Nov, 2006
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹2.20 Cr
FY 2024 · -83% YoY
- Indian entity net loss-₹2.15 Cr
FY 2024 · -98% margin
- Indian entity EBITDA-₹2.01 Cr
FY 2024 · -91% margin
- Latest Funding Round$1.13M (USD), Grant
Jun 2021
- InvestorsEuropean Union
& 2 more
- Acquired byRhone Group
(Apr 2020)
Associated legal entities of MAXAM
MAXAM operates through Maxam India Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxam India Private Limited CIN U74999DL2006FTC155331 | Under Liquidation | 09 Nov 2006 | New Delhi, Delhi | ₹2.2 Cr | 5 | View details |
Products & Services of MAXAM
MAXAM offers a comprehensive portfolio of products and services, including Civil Explosives and X-Energy Platform.
Civil explosives are supplied for industrial uses, including mining and construction, where they are applied to enhance efficiency in blasting operations.
Digital tools are offered as part of the X-Energy platform, where they are used to optimize drilling and blasting processes through engineering technologies and expertise.
Apps and channels of MAXAM
its YouTube channel MAXAM has 186 subscribers and 30 videos.
Videos from MAXAM
The most watched videos on MAXAM's YouTube channel, MAXAM (186 subscribers). Click a video to play it here.
More on MAXAM.
Funding Insights of MAXAM
- Total Rounds 3
- Last Round Grant — $1.13M
- Investors Count 2
All 3 funding rounds of MAXAM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $1.13M | Grant | – | – | |
| Nov 2016 | $1.16M | Grant | – | – | |
| Feb 2012 | Private Equity Round | – | Advent International | – |
3 investors in total: 3 institutional.
Investors in MAXAM
MAXAM has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Advent International and Rhone Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | adventinternational.com | Sao Paulo, Brazil | ||
Investment banking firm offering private equity investments | rhonegroup.com | New York, United States | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for MAXAM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Maxam India Private Limited (MAXAM)
Maxam India Private Limited is the primary company behind MAXAM. The board of Maxam India Private Limited currently have 5 directors; the longest-serving is Maxim Karlov, appointed in 2015. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maxim Karlov DIN 07220880 | Director | 01 Jul 2015 | 11 yrs 4 mo | Maxam India Private Limited |
| Juan Carlos Garcia Lujan DIN 08762839 | Director | 18 Jun 2020 | 6 yrs 4 mo | Maxam India Private Limited |
| Ajay Jain DIN 02225646 | Director | 03 Jun 2024 | 2 yrs 5 mo | Maxam India Private Limited |
| Ramses Esperon Campos DIN 10672258 | Director | 11 Jul 2024 | 2 yrs 3 mo | Maxam India Private Limited |
| Adarsh Sharma DIN 01935543 | IRP/RP/Liquidator | 02 May 2025 | 1 yr 6 mo | Maxam India Private Limited |
People of MAXAM
2 people are tracked at MAXAM (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jose Fernando Sanchez-Junco | CEO | Leadership |
Mike Aiken | CEO | Leadership |
Complete people profiles for MAXAM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MAXAM
Figures of Maxam India Private Limited, the primary company behind MAXAM, for FY 2024. Revenue was ₹2.20 Cr (-83% year on year). Net loss was -₹2.15 Cr (-98% margin). EBITDA was -₹2.01 Cr (-91% margin). Revenue has grown at a compounded annual rate of -31% over three years and -35% over five years.
- ₹2.20 CrRevenue · FY 2024 · -83% YoY
- -₹2.15 CrNet loss · -98% margin
- -₹2.01 CrEBITDA · -91% margin
- ₹2.76 CrPaid-up capital
- -31%Revenue CAGR, 3 years
- -35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maxam India Private Limited are on its company page.
Detailed financial statements for MAXAM
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MAXAM
4 dated milestones of MAXAM across 149 years, from founding to its latest funding, stage changes and deals.
- Founded MAXAM is founded.
- Funding First funding round.
- Exit Acquired by Rhone Group.
- Funding Latest funding round, Grant, of $1.1M.
Web traffic of MAXAM
The website of MAXAM (maxamcorp.com) receives about 9.3K visits a month.
- Monthly visits9.3K
▲ 5% vs previous month
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Related news about Maxam
Complete news archive for MAXAM
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Frequently Asked Questions about MAXAM
MAXAM was founded in 1872 and raised its 1st funding round 140 years after it was founded.
MAXAM is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Jose Fernando Sanchez-Junco is the CEO of MAXAM, as recorded in our data.
The primary company behind MAXAM, Maxam India Private Limited, reported revenue of ₹2.20 Cr for FY 2024, down 83% year on year.
Founded in 1872 and headquartered in Madrid, Spain, MAXAM functions as a diversified conglomerate with activities spanning various sectors. Operations are extended globally, encompassing manufacturing, energy, and infrastructure services. Leadership is provided by executives including Jose Fernando Sanchez-Junco and Mike Aiken as CEOs. The companys domain, maxamcorp.com, supports its broad industrial engagements.
MAXAM offers Civil Explosives and X-Energy Platform.
MAXAM has 3 investors. Key investors include European Union, Advent International, and Rhone Group.
MAXAM operates through Maxam India Private Limited.
Yes. MAXAM was acquired by Rhone Group in April 2020.
The legal entities of MAXAM currently have 5 directors, including Ajay Jain, Adarsh Sharma, Juan Carlos Garcia Lujan and others.