About Maxlite
Maxlite is a Real Estate & Construction company based in Bengaluru (India) founded in 2017, and was acquired by Magicrete in March 2024. Provider of LED lighting and controls solutions, including commercial charging stations and slim flood lights, with a focus on performance and scalability. The company has 9 employees. Its Indian entity Maxlite Aac Blocks (India) Private Limited reported revenue of ₹31.43 Cr. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Concrete.
Company details
MaxLite is a leading provider of LED lighting and controls solutions. The company offers a wide range of products including flood lights, bollards, high bay linear lights, and retrofit lamps. MaxLite is known for delivering high performance and quality LED solutions to its customers.
- Headquarters Bengaluru, India
- Employees 9
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website maxlite.in
- Social LinkedIn X
- Acquired by Magicrete (Mar 2024)
- Legal Name Maxlite Aac Blocks (India) Private Limited
- Date of Incorporation 06 Feb, 2019
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Maxlite
Maxlite operates through Maxlite Aac Blocks (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxlite Aac Blocks (India) Private Limited CIN U26990KA2019PTC121148 | Active | 06 Feb 2019 | Bengaluru, Karnataka | ₹31.4 Cr | 9 | 5 | View details |
Investors in Maxlite
Maxlite has secured backing from 1 investor. Prominent investors backing the company include Magicrete.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AAC blocks, construction chemicals, and precast solutions are manufactured. | 2008 | magicrete.in | Surat, India |
Investor details for Maxlite
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 Maxlite Aac Blocks (India) Private Limited (Maxlite)
Maxlite Aac Blocks (India) Private Limited is the primary company behind Maxlite. The board of Maxlite Aac Blocks (India) Private Limited currently have 5 directors; the longest-serving is Darshan R Kumar, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darshan R Kumar DIN 07543112 | Managing Director | 06 Feb 2019 | 7 yrs 8 mo | Maxlite Aac Blocks (India) Private Limited |
| Ramaiah Giriyappa DIN 07543053 | Director | 06 Feb 2019 | 7 yrs 8 mo | Maxlite Aac Blocks (India) Private Limited |
| Sourabh Bimalkumar Bansal DIN 00527233 | Director | 05 Feb 2024 | 2 yrs 8 mo | Maxlite Aac Blocks (India) Private Limited |
| Siddharth Bimal Bansal DIN 01553023 | Director | 05 Feb 2024 | 2 yrs 8 mo | Maxlite Aac Blocks (India) Private Limited |
| Puneet Vinod Mittal DIN 05353138 | Director | 05 Feb 2024 | 2 yrs 8 mo | Maxlite Aac Blocks (India) Private Limited |
People of Maxlite
1 people are tracked at Maxlite (1 in leadership); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Maxlite
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 Maxlite
Figures of Maxlite Aac Blocks (India) Private Limited, the primary company behind Maxlite, for FY 2024. Revenue was ₹31.43 Cr (+1% year on year). Net profit was ₹75.8 Lakh (2% margin). EBITDA was ₹2.93 Cr (9% margin). Revenue has grown at a compounded annual rate of +14% over three years.
- ₹31.43 CrRevenue · FY 2024 · +1% YoY
- ₹75.8 LakhNet profit · 2% margin
- ₹2.93 CrEBITDA · 9% margin
- ₹84.5 LakhPaid-up capital
- 9Employees (provident fund records)
- +14%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Maxlite Aac Blocks (India) Private Limited are on its company page.
Detailed financial statements for Maxlite
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 Maxlite
2 dated milestones of Maxlite across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Maxlite is founded.
- Exit Acquired by Magicrete.
Top companies in Building Materials
3 companies that operate in the same segment as Maxlite (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Maxlite
Maxlite was founded in 2017.
Maxlite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Maxlite has 9 employees.
The primary company behind Maxlite, Maxlite Aac Blocks (India) Private Limited, reported revenue of ₹31.43 Cr for FY 2024, up 1% year on year.
MaxLite is a leading provider of LED lighting and controls solutions. The company offers a wide range of products including flood lights, bollards, high bay linear lights, and retrofit lamps. MaxLite is known for delivering high performance and quality LED solutions to its customers.
Maxlite has 1 investor. Key investors include Magicrete.
Maxlite operates through Maxlite Aac Blocks (India) Private Limited.
Yes. Maxlite was acquired by Magicrete in March 2024.
The legal entities of Maxlite currently have 5 directors, including Darshan R Kumar, Sourabh Bimalkumar Bansal, Siddharth Bimal Bansal and others.