About Maxlite
Maxlite is a Real Estate & Construction company based in Bengaluru (India) founded in 2017, and was acquired by Magicrete in March 2024. It operates as a 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. Its competitors include Consolis, RDC Concrete, Alkern, GCC and Kent Companies and 5 more; 1 of its 10 listed competitors has raised funding.
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
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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
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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
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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.
Competitors of Maxlite
Maxlite has 10 listed competitors in our database, 1 of them funded. They include Consolis, RDC Concrete, Alkern, GCC and Kent Companies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consolis.com | 2005 | Courbevoie, France | $58.42M | – | Precast concrete solutions are provided for building and utilities sectors. | |
| rdc.in | 1993 | Thane, India | – | 640 | Ready-mix concrete is manufactured and supplied for construction needs. | |
| alkern.fr | 2001 | Harnes, France | – | – | Prefabricated concrete products are manufactured by Alkern in France. | |
| gcc.com | 1941 | Denver, United States | – | 1,173 | GCC is engaged in producing cement and concrete for construction. | |
| kentcompanies.com | 1957 | Grand Rapids, United States | – | 835 | Specialty trade contractor offering concrete, facilities, underlayments, and foundation services. | |
| alcrete.com | 2020 | Pell, United States | – | – | Precast concrete products are manufactured for construction applications. | |
| panunited.com.sg | 1958 | Singapore | – | – | Supplier of ready-mixed concrete & cement | |
| teichert.com | 1887 | Sacramento, United States | – | 2,526 | Teichert offers construction services, materials supply, and infrastructure development in California. | |
| jensenprecast.com | 1968 | Reno, United States | – | 978 | Precast concrete manufacturer serving utilities, transportation, and agricultural sectors. | |
| besblock.com | 1972 | Telford, United Kingdom | – | 66 | Manufacturer & supplier of concrete building blocks |
Detailed competitors of Maxlite
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Building Materials
10 companies that operate in the same segment as Maxlite (Building Materials), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Construction materials and building products are supplied by Boral. | 1946 | Sydney, New South Wales, Australia | USD 22.4 M | – | – | |
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 | |
Diversified building materials are manufactured and supplied worldwide. | 1970 | Dublin, Ireland | – | USD 37.45 B | 79,800 | |
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India | – | – | – | |
Vectus is recognized as a leading manufacturer of water storage solutions in India. | 1989 | Noida, Uttar Pradesh, India | USD 16.7 M | – | – | |
Glass products are manufactured for construction, automotive, and industrial sectors. | 1985 | Delhi, Delhi, India | USD 147.22 M | USD 212.02 M | 1,293 | |
Piping systems are designed, manufactured, and distributed for multiple sectors. | 2003 | Brussels, Brussels-capital Region, Belgium | USD 260 M | – | – | |
Developer of chemical products, construction & packaging materials, and water solutions | 1802 | United States | – | USD 6.85 B | 24,000 | |
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 |
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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's top competitors include Consolis, RDC Concrete and GCC.
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.