M X Systems International Private Limited

M X Systems International Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74210MH2005FTC155727 Incorporated 30 August 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2023
₹81.89 Cr
▼ 12% YoY
Net loss · FY 2023
₹12.82 Cr
Net margin -15.7%
EBITDA · FY 2023
-₹10.99 Cr
EBITDA margin -13.4%
Authorised capital
₹19.9 Cr
Registered with MCA
Paid-up capital
₹19.88 Cr
Issued & subscribed
Satisfied charges
₹50.7 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
151
Provident fund records

About M X Systems International Private Limited

Data last updated:

M X Systems International Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Minimax International Gmbh. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 30 August 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2005FTC155727. Its GSTIN is 27AAECM5026B1ZW (Maharashtra). The company holds 13 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹19.9 Cr and a paid-up capital of ₹19.88 Cr. It was formerly known as Minimax Systems Private Limited. It is led by directors including Sandeep Rameshchandra Mody (Managing Director) and Juliane Karin Gross.

Its last annual general meeting (AGM) was held on 18 June 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at T/7 3rd Floor Pinnacle Business Park Mahakali Caves Rd Andheri East, Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2023, the company reported a revenue of ₹81.89 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹12.82 Cr (net margin -15.7%) and EBITDA of -₹10.99 Cr (EBITDA margin -13.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.

The company has about 151 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Minimax. As per MCA filings, the company has satisfied charges of ₹50.7 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15 Cr; the latest was in June 2014. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 9 micro and small suppliers.

M X Systems International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0069060). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minimax.com.

Company details

CIN U74210MH2005FTC155727
Registration Number 155727
Incorporation Date 30 August 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 June 2025
Date of Balance Sheet 31 March 2023
Parent Company Minimax International Gmbh
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0069060

CIN history

M X Systems International has one previous CIN (Corporate Identification Number): U74210MH2005PTC155727. The current CIN is U74210MH2005FTC155727, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74210MH2005FTC155727Current
U74210MH2005PTC155727Previous
Key People
Sandeep Rameshchandra Mody Managing Director Juliane Karin Gross Director Weibin Gong Director

Recognitions & Rankings of M X Systems International

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0069060

Contact details

M X Systems International Private Limited's registered office is in Mumbai, Maharashtra. Its website is minimax.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    minimax.com
  • Social Media
  • Registered Address
    T/7 3rd Floor Pinnacle Business Park Mahakali Caves Rd Andheri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Machinery and Equipment, Industrial Products Retail & Distribution

To see the full contact details of M X Systems International Private Limited, buy the company report.

Comprehensive company report
M X Systems International Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

M X Systems International operates one associated brand: Minimax. Each brand links to its own profile.

BrandDescriptionWebsite
Minimax
Fire protection systems and services are designed, manufactured, and installed.minimax.com

Business activity

The main business activity of M X Systems International is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of M X Systems International Private Limited, buy the company report.

Financials of M X Systems International Private Limited

FY 2023 filings available

M X Systems International Private Limited reported revenue of ₹81.89 Cr (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹81.89 Cr ▼ 12%
Net loss · FY 2023
₹12.82 Cr margin -15.7%
EBITDA · FY 2023
-₹10.99 Cr margin -13.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 4%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 453%
3 years · compounded
▼ 63%
5 years · compounded
▼ 10%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 453% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹10.99 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.82 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-13.4%
Net Profit Margin-15.7%
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

To see the full financial statements and ratios of M X Systems International Private Limited, buy the company report.

Board of directors of M X Systems International Private Limited

M X Systems International has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandeep Rameshchandra ModyManaging Director01 Apr 20188 Years 7 MonthsCurrent
Juliane Karin Gross
Also directs: Viking Fire Products (India) Private Limited
Director31 Mar 201313 Years 7 MonthsCurrent
Weibin Gong
Also directs: Viking Fire Products (India) Private Limited
Director01 May 201412 Years 6 MonthsCurrent
Harish Ratilal Salot
Also directs: Farm 2 Fam India Private Limited, Vijay Transtech Private Limited
Nominee Director03 Oct 200620 Years 1 MonthsCurrent
View all directors

Auditor

M X Systems International Private Limited is audited by Singhi & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Singhi & Co.FY 2022302049E

Shareholding

The shareholding of M X Systems International Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M X Systems International Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹50.7 Cr
Breakdown by lending institutions
Idbi Bank Limited₹50.70 Cr
The Hongkong and Shanghai Banking Corporation Limited₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Apr 2016100026467The Hongkong and Shanghai Banking Corporation Limited₹10,000Satisfied
29 Mar 201010214025Idbi Bank Limited₹70 LakhSatisfied
23 Jun 200910172014Idbi Bank Limited₹2.5 CrSatisfied
04 Mar 200910277648Idbi Bank Limited₹2.5 CrSatisfied
12 Sep 200810123826Idbi Bank Limited₹45 CrSatisfied

To see the full charge records of M X Systems International Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

M X Systems International Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15 Cr; the latest was in June 2014.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹15 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Jun 2014Secondary share transferUndisclosedBuyer: Minimax International Gmbh
Seller: an individual
Aug 2012Funding round₹5 CrInvestors: Minimax International Gmbh
Jul 2012Funding round₹10 CrInvestors: Minimax International Gmbh
Jun 2009Secondary share transferUndisclosedBuyer: an individual
Seller: Harnim Traders Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

M X Systems International Private Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 9)

SupplierAmount dueDue sinceReported on
Gauges Bourdon (India) Pvt Ltd
Tripti Gases Private Limited
Tubefit Engineers
an individual supplier
Safex Fire Services Limited

To see the full MSME payment records of M X Systems International Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

M X Systems International Private Limited has a workforce of 151 employees on its EPFO records as of Aug 05, 2025, across 2 active EPFO establishments.

Employee count
151
Active EPFO establishments
2
Employee growth
-1.95%

GST

M X Systems International has 13 GST registrations: 6 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
6
Cancelled / inactive
7
GSTINStateStatusRegistered on
27AAECM5026B1ZWMaharashtraActive01 Jul 2017
07AAECM5026B1ZYDelhiActive24 Jul 2017
23AAECM5026B1Z4Madhya PradeshActive27 Jul 2017
21AAECM5026B2Z7OdishaActive03 Aug 2017

To see the full GST registrations and return filing status of M X Systems International Private Limited, buy the company report.

Recent activity

M X Systems International Private Limited has 18 board changes on record since 2006: 4 appointments and 14 cessations. The latest: Kanhaiya Lal Dadheech ceased to be Alternate Director on 19 Dec 2019.

AGM
M X Systems International Private Limited last Annual general meeting of members was held on 18 Jun 2025 as per latest MCA records.
Filing
M X Systems International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Kanhaiya Lal Dadheech ceased to be Alternate Director.
Charges
A charge registered on 23 Jun 2009 via Charge ID 10172014 with Idbi Bank Limited was fully satisfied on 01 Nov 2019.
Charges
A charge registered on 12 Sep 2008 via Charge ID 10123826 with Idbi Bank Limited was fully satisfied on 01 Nov 2019.
Charges
A charge registered on 26 Apr 2016 via Charge ID 100026467 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 20 Sep 2019.
Ceased
Summit Gupta ceased to be Alternate Director.
Ceased
Sunil Shahani ceased to be Additional Director.
Appointed
Sandeep Rameshchandra Mody was appointed as Managing Director.
Ceased
Sandeep Rameshchandra Mody ceased to be Additional Director.
Ceased
Stephan Boock ceased to be Additional Director.
Ceased
Dinesh Bhatia ceased to be Additional Director.

20 earlier events are in the company report.

News

Frequently asked questions

M X Systems International is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 30 August 2005 (21+ years old) and is registered under CIN U74210MH2005FTC155727.

M X Systems International has 4 current directors:

The latest financial statements of M X Systems International on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of M X Systems International is 27AAECM5026B1ZW, registered in Maharashtra. The company has 13 GST registrations in all, of which 6 are active and 7 are cancelled or inactive. Other active GSTINs include 07AAECM5026B1ZY (Delhi), 23AAECM5026B1Z4 (Madhya Pradesh), 21AAECM5026B2Z7 (Odisha).

The CIN (Corporate Identification Number) of M X Systems International is U74210MH2005FTC155727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M X Systems International has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.

M X Systems International was incorporated on 30 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

M X Systems International has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹15 Cr; the latest was in June 2014.

Kanhaiya Lal Dadheech ceased to be Alternate Director on 19 Dec 2019. Summit Gupta ceased to be Alternate Director on 27 Jun 2019. Sunil Shahani ceased to be Additional Director on 15 Apr 2018. M X Systems International has 18 board changes on record in total.

Yes, M X Systems International is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0069060).

M X Systems International has 4 MSME Form 1 returns on record between 2019 and 2022, listing 19 overdue payments to 9 micro and small suppliers. The latest return was filed on 24 Jun 2022.