About Max Estates 128 Private Limited
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Max Estates 128 Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Max Estates Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 29 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2006PTC151422.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.65 Cr. It was formerly known as Accord Hotels and Resorts Private Limited. It is led by directors including Anshul Gaurav and Nitin Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Max House 1 Dr. Jha Marg Okhla, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.54 Cr (net margin 26.2%) and EBITDA of ₹34.58 Cr (EBITDA margin 95.2%). Revenue has grown at a compounded annual rate (CAGR) of 546% over five years.
The company is associated with 2 brands: Accord Hotels and Max Estates. As per MCA filings, the company has open charges of ₹450.17 Cr and satisfied charges of ₹150 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 acquisition); the latest was in June 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is Greenfield Housing India Private Limited with revenue of ₹36.34 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxestates.in.
Company details
Contact details
Max Estates 128 Private Limited's registered office is in New Delhi, Delhi. Its website is maxestates.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressMax House 1 Dr. Jha Marg Okhla, New Delhi, Delhi, India – 110020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Max Estates 128 Private Limited, buy the company report.
- 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
Brands
Max Estates 128 operates two associated brands: Accord Hotels and Max Estates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury accommodations are provided in Indian resort locations. | theaccordhotels.com | |
| Provider of residential & commercial development services | maxestates.in |
Business activity
The main business activity of Max Estates 128 is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Max Estates 128 Private Limited
FY 2025 filings availableMax Estates 128 Private Limited reported revenue of ₹36.33 Cr (up 303% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 546% over five years, including 303% growth in the latest year. EBITDA rose 743% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹34.58 Cr | ||||
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| Net Profit (PAT) | ₹9.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 95.2% | ||||
| Net Profit Margin | 26.2% | ||||
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To see the full financial statements and ratios of Max Estates 128 Private Limited, buy the company report.
Board of directors of Max Estates 128 Private Limited
Max Estates 128 has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshul Gaurav Also directs: Max Estates Noida Two Limited, Max Estates Developers Limited, Acreage Builders Private Limited and 4 more | Director | 17 Jun 2022 | 4 Years 4 Months | Current |
| Nitin Kumar Also directs: Max Estates Noida Two Limited, Max Estates Developers Limited, Base Buildwell Private Limited and 5 more | Director | 17 Jun 2022 | 4 Years 4 Months | Current |
| Akshay Lall | Director | 19 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Max Estates 128 Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenfield Housing India Private Limited | ₹36.34 Cr (FY 2025) | 4.0% | Erode, Tamil Nadu, India | |||
| Max Estates 128 Private Limitedthis company | ₹36.33 Cr (FY 2025) | ₹9.54 Cr | 26.2% | 303.0% | New Delhi, Delhi, India | |
| A R Chadha and Co India Pvt Ltd | ₹36.3 Cr (FY 2025) | 72.0% | New Delhi, Delhi, India | |||
| Max Square Limited | ₹36.25 Cr (FY 2025) | 225.0% | Noida, Uttar Pradesh, India | |||
| Treis City Private Limited | ₹36.17 Cr (FY 2023) | 208.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Max Estates 128 Private Limited, buy the company report.
Auditor
Max Estates 128 Private Limited is audited by P K NARULA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K NARULA & CO | FY 2022 | 016470N |
Shareholding
The shareholding of Max Estates 128 Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Max Estates 128 Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2024 | 101002139 | Others | ₹450 Cr | Open | |
| 06 Jun 2024 | 100954782 | Others | ₹10 Lakh | Open | |
| 21 Jul 2023 | 100764921 | Others | ₹6.5 Lakh | Open | |
| 29 Sep 2022 | 100628787 | Others | ₹150 Cr | Satisfied |
To see the full charge records of Max Estates 128 Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Max Estates 128 Private Limited has 1 deal on record (1 acquisition); the latest was in June 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Acquisition | ₹293 Cr | Buyer: Max Estates Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Max Estates 128 Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by an individual | Disposed |
To see the full case history of Max Estates 128 Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Max Estates 128 Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Max Estates 128 Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Max Estates 128 Private Limited has 18 board changes on record since 2009: 4 appointments and 14 cessations. The latest: Akshay Lall ceased to be Additional Director on 29 Sep 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Max Estates 128 is an active private limited company based in New Delhi, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 29 July 2006 (20+ years old) and is registered under CIN U55101DL2006PTC151422.
Max Estates 128 has 3 current directors:
- Anshul Gaurav - Director
- Nitin Kumar - Director
- Akshay Lall - Director
The latest financial statements of Max Estates 128 on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Max Estates 128 is U55101DL2006PTC151422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Estates 128 has 1 court case on record: 1 filed against it.
Max Estates 128 was incorporated on 29 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Max Estates 128 has 1 deal on record (1 acquisition); the latest was in June 2022.
The peers of Max Estates 128 by revenue are Greenfield Housing India Private Limited, A R Chadha and Co India Pvt Ltd, Max Square Limited, Treis City Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Akshay Lall ceased to be Additional Director on 29 Sep 2025. Akshay Lall was appointed as Director on 19 Sep 2025. Anshul Gaurav ceased to be Additional Director on 26 Sep 2022. Max Estates 128 has 18 board changes on record in total.
Max Estates 128 can be reached through the website maxestates.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Max Estates 128 is at Max House 1 Dr. Jha Marg Okhla, New Delhi, Delhi, India – 110020.
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