About Maksym IT Services Private Limited
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Maksym IT Services Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2017PTC026298. Its GSTIN is 06AAKCM8254H1Z6 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nidhi Dheri and Lajpat Rai Makkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 24 Sect – A Mancheswar Industrial Estate, Bhubaneswar, Orissa, India – 751010.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.49 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹11.29 Lakh (net margin -3.2%) and EBITDA of -₹11.25 Lakh (EBITDA margin -3.2%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maksymitservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 24 Sect – A Mancheswar Industrial Estate, Bhubaneswar, Orissa, India – 751010
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Maksym IT Services Private Limited
The main business activity of Maksym IT Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maksym IT Services Private Limited FY 2024 filings available
Maksym IT Services Private Limited reported revenue of ₹3.49 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maksym IT Services Private Limited
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 90%. EBITDA fell 159% 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 of Maksym IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹11.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.29 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Maksym IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maksym IT Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maksym IT Services Private Limited
Maksym IT Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qplus Learning Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bhandari Motors Pvt Ltd | •••• | •••• | •••• | •••• | 95 | Kolkata, West Bengal, India |
| Blizzard Skill Facility Services Private Limited | •••• | •••• | •••• | •••• | - | Sarita Vihar, Delhi, India |
| Ayra Management Consulting Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Servewell Facility Management Services Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Maksym IT Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| South India Facility Management Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Jse Multi Skilled Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
| Pursuit Corporate Services Private Limited | •••• | •••• | •••• | •••• | 82 | Gurugram, Haryana, India |
| Atlasjob Services Private Limited | •••• | •••• | •••• | •••• | 55 | Lucknow, Uttar Pradesh, India |
| Sun India Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maksym IT Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Maksym IT Services Private Limited
Maksym IT Services Private Limited is audited by S D S S & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S D S S & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maksym IT Services Private Limited
Maksym IT Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Dheri | Director | 15 Jul 2021 | 5 Years 2 Months | Current |
| Lajpat Rai Makkar Also directs: Deepak Infratech Private Limited | Director | 17 Jan 2017 | 9 Years 8 Months | Current |
Ownership and Shareholding of Maksym IT Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maksym IT Services Private Limited
Maksym IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maksym IT Services Private Limited
Employment history and EPFO contributions of people linked to Maksym IT Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maksym IT Services Private Limited
Maksym IT Services Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Nidhi Dheri was appointed as Director on 15 Jul 2021.
Credit Ratings, Litigation & Regulatory Alerts for Maksym IT Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maksym IT Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maksym IT Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maksym IT Services Private Limited
Maksym IT Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAKCM8254H1Z6 | Haryana | Active | 13 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maksym IT Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maksym IT Services Private Limited
Maksym IT Services is an active private limited company based in Bhubaneswar, Orissa, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under CIN U72900OR2017PTC026298.
Maksym IT Services reported revenue of ₹3.49 Cr for FY 2024 (down 13% YoY).
Maksym IT Services has 2 current directors:
- Nidhi Dheri - Director
- Lajpat Rai Makkar - Director
Maksym IT Services reported a net loss of ₹11.29 Lakh (net margin -3.2%) and EBITDA of -₹11.25 Lakh (EBITDA margin -3.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maksym IT Services is 90% over three years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maksym IT Services is 06AAKCM8254H1Z6, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Maksym IT Services is U72900OR2017PTC026298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maksym IT Services was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Maksym IT Services by revenue are Qplus Learning Private Limited, Bhandari Motors Pvt Ltd, Blizzard Skill Facility Services Private Limited, Ayra Management Consulting Private Limited, Servewell Facility Management Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Nidhi Dheri was appointed as Director on 15 Jul 2021. Sachin Makkar ceased to be Director on 15 Jul 2021. Lajpat Rai Makkar was appointed as Director on 17 Jan 2017.
Maksym IT Services can be reached through the website maksymitservices.com. Its registered office is in Bhubaneswar, Orissa, India.