Max Estates Limited

BSE: 544008 NSE: MAXESTATES
Max Estates Limited - real estate and construction in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L70200DL2016PLC438718 Incorporated 22 March 2016 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: MAXESTATES · BSE: 544008 Public Limited Company real estate and construction
Data last updated
Market Cap
₹8,100 Cr
MAXESTATES · NSE
Share Price
₹471.00
-4.88% today
Revenue
₹199 Cr
FY 2025-26 · +24.3% YoY
EBITDA
₹23.72 Cr
Margin 11.9%
Net Profit
−₹40.52 Cr
FY 2025-26 · -305.4% YoY
ROE
-1.6%
ROCE 1.2%
Debt / Equity
0.87
Interest cover -752.7x
Authorised capital
₹228 Cr
Registered with MCA

About Max Estates Limited

Data last updated:

Max Estates Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Max Ventures And Industries Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 March 2016 and has been in existence for over 10 years.

Its director Analjit Singh and family are #326 among India's richest people (2026). Its director Atul B Lall is #606 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L70200DL2016PLC438718. Its GSTIN is 07AAKCM2620D1ZU (Delhi). The company holds 5 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544008 and NSE: MAXESTATES.

The company has an authorised share capital of ₹228 Cr and a paid-up capital of ₹163.51 Cr. It is led by directors including Sahil Vachani (Managing Director) and Malini Thadani.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Max House 1 Dr. Jha Marg, Okhla Phase 3 Opposite Okhla Railway Station, New Delhi, Delhi, India – 110020.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹199.45 Cr, a growth of 24.3% compared to the previous year. For the same year it recorded a net loss of ₹40.52 Cr (net margin -20.3%) and EBITDA of ₹23.72 Cr (EBITDA margin 11.9%). The net worth stands at ₹2,419.91 Cr (up 6.2% YoY). Total assets are valued at ₹7,710.63 Cr (up 46.2% YoY).

Its group structure includes 10 subsidiaries.

As per MCA filings, the company has open charges of ₹540.41 Cr and satisfied charges of ₹1,714.17 Cr on record. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 5 cases are pending.

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

CIN L70200DL2016PLC438718
Registration Number 438718
Incorporation Date 22 March 2016
ROC Delhi
Listing Status Listed - Listed on NSE (MAXESTATES); Listed on BSE (544008)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Max Ventures And Industries Limited
Compliance Status Active Compliant

CIN history

Max Estates has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70200DL2016PLC438718, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L70200DL2016PLC438718Current
L70200PB2016PLC040200Previous
U70200PB2016PLC040200Previous
Key People
Sahil Vachani Managing Director Malini Thadani Director Jillian Leigh Moo Young Alternate Director

Recognitions & Rankings of Max Estates

Contact details

Max Estates Limited's registered office is in New Delhi, Delhi. Its website is maxestates.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maxestates.in
  • Social Media
  • Registered Address
    Max House 1 Dr. Jha Marg, Okhla Phase 3 Opposite Okhla Railway Station, New Delhi, Delhi, India – 110020
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Max Estates Limited, buy the company report.

Comprehensive company report
Max Estates 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
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Business activity

The main business activities of Max Estates are real estate and professional, scientific and technical. In detail, this covers real estate activities with own or leased property and management consultancy activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Max Estates Limited, buy the company report.

Financials of Max Estates Limited

FY 2025-26 filings available

Max Estates Limited reported revenue of ₹199.45 Cr (up 24.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹199 Cr
+24.3% YoY
EBITDA
₹23.72 Cr
-46.6% YoY
Profit After Tax
−₹40.52 Cr
-305.4% YoY
Net Worth
₹2,420 Cr
+6.2% YoY
Total Assets
₹7,711 Cr
+46.2% YoY
Total Debt
₹2,412 Cr
+45.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue19916092.9410769.29
Revenue growth+24.3%+72.7%-13.4%+54.9%-
EBITDA23.7244.39(26.67)31.6530.67
EBITDA margin+11.9%+27.7%-28.7%+29.5%+44.3%
Profit before tax23.2537.61(67.73)22.068.47
Net profit(40.52)19.73(8.65)18.154.99
Net profit margin-20.3%+12.3%-9.3%+16.9%+7.2%
EPS (₹)0.772.53(2.87)0.000.64
Balance sheet
Total assets7,7115,2752,5462,163996
Net worth2,4202,2781,1711,211609
Total debt2,4121,656962862315
Cash & bank6151,08326041.3748.39
Net working capital3,4441,68135640960.17
Cash flow
Cash from operations(616)225271(456)40.71
Cash from investing(288)(1,993)(292)(52.14)(121)
Cash from financing8791,76623452177.98
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue51.9149.4349.7748.7751.4739.7840.0440.18
Revenue growth (YoY)+0.9%+24.3%+24.3%+21.4%+27.1%---
Other income28.1721.1521.6825.8628.6637.5231.8512.60
EBITDA8.12(3.21)2.9310.0813.919.0511.578.54
EBITDA margin+15.6%-6.5%+5.9%+20.7%+27.0%+22.8%+28.9%+21.3%
Depreciation8.177.938.028.048.418.768.168.41
Interest16.7316.1915.6316.2817.3216.5514.8313.94
Profit before tax11.39(6.18)0.9611.6216.8421.2620.43(1.21)
Tax3.03(2.09)0.933.824.907.284.620.17
Net profit8.36(4.09)0.037.8011.9413.9815.81(1.38)
EPS (₹)0.51(0.26)0.010.480.740.901.04(0.09)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue55.4741.1029.3749.2939.0118.7211.05
Revenue growth+35.0%+39.9%-40.4%+26.4%+108.4%+69.4%-
EBITDA(17.61)(11.14)(9.98)0.173.50(10.65)(6.93)
EBITDA margin-31.8%-27.1%-34.0%+0.3%+9.0%-56.9%-62.7%
Profit before tax96.3833917.6533.265.26(12.17)(12.47)
Net profit44.68(52.15)17.8728.255.12(12.25)(12.55)
Net profit margin+80.6%-126.9%+60.8%+57.3%+13.1%-65.4%-113.6%
EPS (₹)3.8917.451.580.000.68(1.56)(1.60)
Balance sheet
Total assets2,7902,4281,4811,454680675630
Net worth2,5532,3611,2591,234606599409
Total debt21652.1820820564.9271.48218
Cash & bank15.9532718.6115.4536.0055.7954.09
Net working capital47192222219380.2092.7596.28
Cash flow
Cash from operations(208)(48.71)(36.34)(19.77)6.006.04(23.88)
Cash from investing(61.55)(606)60.43(104)4.24(48.92)(168)
Cash from financing269654(24.15)125(12.56)44.58243
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue18.8414.2113.4514.0913.7210.827.997.48
Revenue growth (YoY)+37.3%+31.3%+68.3%+88.4%-7.4%---
Other income27.4027.3528.9326.9643.5629.4331.20292
Total expenses22.9021.1417.7419.0715.1214.6514.2410.62
EBITDA(4.06)(6.93)(4.29)(4.98)(1.40)(3.83)(6.25)(3.14)
EBITDA margin-21.5%-48.8%-31.9%-35.3%-10.2%-35.4%-78.2%-42.0%
Depreciation1.821.851.621.611.821.631.651.80
Interest2.921.861.281.361.411.431.261.51
Profit before tax18.6016.7121.7419.0138.9322.5422.04285
Tax6.488.746.887.509.687.385.2243.63

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue51.9149.4349.7748.7751.4739.7840.0440.18
Revenue growth (YoY)+0.9%+24.3%+24.3%+21.4%+27.1%---
Other income28.1721.1521.6825.8628.6637.5231.8512.60
EBITDA8.12(3.21)2.9310.0813.919.0511.578.54
EBITDA margin+15.6%-6.5%+5.9%+20.7%+27.0%+22.8%+28.9%+21.3%
Depreciation8.177.938.028.048.418.768.168.41
Interest16.7316.1915.6316.2817.3216.5514.8313.94
Profit before tax11.39(6.18)0.9611.6216.8421.2620.43(1.21)
Tax3.03(2.09)0.933.824.907.284.620.17
Net profit8.36(4.09)0.037.8011.9413.9815.81(1.38)
EPS (₹)0.51(0.26)0.010.480.740.901.04(0.09)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue19916092.9410769.29
Revenue growth+24.3%+72.7%-13.4%+54.9%-
Other income97.3589.1927.3323.944.65
Total expenses17611612075.6938.62
Employee cost33.2617.6312.2815.383.47
EBITDA23.7244.39(26.67)31.6530.67
EBITDA margin+11.9%+27.7%-28.7%+29.5%+44.3%
Depreciation32.4134.1025.4014.9110.68
Interest65.4161.8742.9918.6216.17
Profit before tax23.2537.61(67.73)22.068.47
Tax7.5611.19(12.62)3.613.53
Net profit(40.52)19.73(8.65)18.154.99
Net profit margin-20.3%+12.3%-9.3%+16.9%+7.2%
EPS (₹)0.772.53(2.87)0.000.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital1631611470.0077.91
Reserves & surplus2,2562,0801,0231,064(40.68)
Shareholders' funds (net worth)2,4202,2781,1711,211609
Minority interest74138228042.6734.23
Secured loans1,8981,529736684254
Unsecured loans51412722617760.98
Total debt2,4121,656962862315
Total liabilities7,7115,2752,5462,163996
Assets
Gross block2,6462,1401,9031,493926
Net block2,5232,0471,8261,427898
Capital work in progress0.000.000.270.000.00
Investments38558792.6616012.74
Inventories6,8882,28553338713.76
Sundry debtors12.2714.508.015.781.93
Cash & bank balances6151,08326041.3748.39
Loans & advances63225310328.9321.17
Total current assets8,1483,63690446385.25
Total current liabilities4,7031,95554853.7925.08
Net working capital3,4441,68135640960.17
Total assets7,7115,2752,5462,163996
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash22923117.634.834.98
Net cash from operating activities(616)225271(456)40.71
Net cash from investing activities(288)(1,993)(292)(52.14)(121)
Net cash from financing activities8791,76623452177.98
Net change in cash(24.14)(1.72)21312.79(2.26)
Closing cash6151,08326041.3748.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+24.3%+72.7%-13.4%+54.9%-
EBITDA growth-46.6%+266.4%-184.3%+3.2%-
PBT growth-38.2%+9998.0%-+160.5%+9997.0%
Net income growth-305.4%+328.1%-147.7%+263.7%-
Revenue CAGR (3Y)+22.9%+32.3%---
EBITDA CAGR (3Y)-9.2%+13.1%---
Profitability & leverage
Net income margin+7.9%+16.5%-59.3%+17.2%+7.1%
Return on capital employed+1.2%+2.4%+0.5%+1.9%+2.5%
Return on net worth-1.6%+0.3%-1.8%+1.9%+0.8%
Debt / equity0.870.760.770.650.52
Long-term debt / equity0.840.720.690.590.47
Interest cover-752.70601.26-82.56111.2380.89
Efficiency & per share
Fixed asset turnover0.080.080.050.090.07
Inventory turnover0.040.110.200.545.04
Debtors turnover14.9014.2613.4827.8435.90
EPS (₹)0.772.53(2.87)0.000.64
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)148.05139.1979.550.004.78
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue18.8414.2113.4514.0913.7210.827.997.48
Revenue growth (YoY)+37.3%+31.3%+68.3%+88.4%-7.4%---
Other income27.4027.3528.9326.9643.5629.4331.20292
Total expenses22.9021.1417.7419.0715.1214.6514.2410.62
EBITDA(4.06)(6.93)(4.29)(4.98)(1.40)(3.83)(6.25)(3.14)
EBITDA margin-21.5%-48.8%-31.9%-35.3%-10.2%-35.4%-78.2%-42.0%
Depreciation1.821.851.621.611.821.631.651.80
Interest2.921.861.281.361.411.431.261.51
Profit before tax18.6016.7121.7419.0138.9322.5422.04285
Tax6.488.746.887.509.687.385.2243.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue55.4741.1029.3749.2939.0118.7211.05
Revenue growth+35.0%+39.9%-40.4%+26.4%+108.4%+69.4%-
Other income12736647.0049.5610.4610.712.48
Total expenses73.0852.2439.3549.1235.5129.3717.98
Employee cost35.7422.1216.4417.515.995.023.04
EBITDA(17.61)(11.14)(9.98)0.173.50(10.65)(6.93)
EBITDA margin-31.8%-27.1%-34.0%+0.3%+9.0%-56.9%-62.7%
Depreciation6.896.965.265.141.440.660.15
Interest5.918.8514.1111.337.2611.577.87
Profit before tax96.3833917.6533.265.26(12.17)(12.47)
Tax32.8058.11(5.67)0.520.000.000.00
Net profit44.68(52.15)17.8728.255.12(12.25)(12.55)
Net profit margin+80.6%-126.9%+60.8%+57.3%+13.1%-65.4%-113.6%
EPS (₹)3.8917.451.580.000.68(1.56)(1.60)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital1631611470.0077.9177.9177.91
Reserves & surplus2,3902,1621,1121,087(45.21)(51.17)(38.92)
Shareholders' funds (net worth)2,5532,3611,2591,234606599409
Secured loans1.190.2498.3810338.2538.8814.80
Unsecured loans21551.9411010326.6732.60203
Total debt21652.1820820564.9271.48218
Total liabilities2,7902,4281,4811,454680675630
Assets
Gross block20.4919.8097.0097.7178.0576.4859.36
Net block14.9515.6389.7892.5975.7075.3658.85
Capital work in progress0.000.000.270.000.000.000.00
Investments2,0761,4901,1511,109500497473
Inventories0.000.001.941.9513.4532.1747.44
Sundry debtors6.9821.0711.023.941.630.510.17
Cash & bank balances15.9532718.6115.4536.0055.7954.09
Loans & advances47059120418937.5917.987.84
Total current assets49394023621088.67106110
Total current liabilities21.7917.2213.8716.388.4713.7013.26
Net working capital47192222219380.2092.7596.28
Total assets2,7902,4281,4811,454680675630
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.961.501.560.562.8854.093.21
Net cash from operating activities(208)(48.71)(36.34)(19.77)6.006.04(23.88)
Net cash from investing activities(61.55)(606)60.43(104)4.24(48.92)(168)
Net cash from financing activities269654(24.15)125(12.56)44.58243
Net change in cash(0.13)(0.55)(0.05)1.00(2.32)1.7050.88
Closing cash15.9532718.6115.4536.0055.7954.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+35.0%+39.9%-40.4%+26.4%+108.4%+69.4%-
EBITDA growth-58.1%-11.6%-5970.6%-95.1%+132.9%-53.7%-
PBT growth-71.6%+1820.7%-46.9%+532.3%+9998.0%+2.4%+35.5%
Net income growth+185.7%-391.8%-36.7%+451.8%+141.8%+2.4%-
Revenue CAGR (3Y)+4.0%+1.8%+16.2%+64.6%+1.6%--
EBITDA CAGR (3Y)---2.1%----
Profitability & leverage
Net income margin+114.6%+683.4%+79.4%+66.4%+13.5%-65.0%-112.9%
Return on capital employed+3.4%+3.2%+1.8%+3.0%+1.8%0.0%0.0%
Return on net worth+1.8%-2.9%+1.4%+3.0%+0.8%0.0%0.0%
Debt / equity0.050.070.170.150.110.290.39
Long-term debt / equity0.010.050.110.090.060.050.02
Interest cover-24.12-48.90-92.59-227.97352.43-102.30-111.16
Efficiency & per share
Fixed asset turnover2.750.700.300.560.500.280.21
Inventory turnover0.0042.3715.106.401.710.470.21
Debtors turnover3.962.563.9317.7036.4655.0640.93
EPS (₹)3.8917.451.580.000.68(1.56)(1.60)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)156.22144.3185.550.004.203.435.01

To see the full year-wise statements and ratios of Max Estates Limited, buy the company report.

Board of directors of Max Estates Limited

Max Estates has 10 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Malini Thadani
Also directs: Max Financial Services Limited, Au Small Finance Bank Limited, Mirae Asset Investment Managers (India) Private Limited and 3 more
Director22 May 20242 Years 5 MonthsCurrent
Sahil Vachani
Also directs: Max Financial Services Limited, Max Ventures Private Limited, Max Ventures Investment Holdings Private Limited and 5 more
Managing Director31 Jul 20233 Years 2 MonthsCurrent
Jillian Leigh Moo Young
Also directs: Pharmax Corporation Ltd, Max Estates Noida Private Limited, Acreage Builders Private Limited and 3 more
Alternate Director27 Mar 20242 Years 6 MonthsCurrent
Analjit Singh
Also directs: Max Financial Services Limited, Max India Limited, Delhi Guest Houses Pvt Ltd and 5 more
Director31 Jul 20233 Years 2 MonthsCurrent
Atul Behari Lall
Also directs: Happy Forgings Limited, Dixon Technologies (India) Limited, Aditya Infotech Limited and 5 more
Director27 Mar 20242 Years 6 MonthsCurrent
Dinesh Kumar Mittal
Also directs: Lohia Corp Limited, Indus Towers Limited, Apl Apollo Tubes Limited and 5 more
Director31 Jul 20233 Years 2 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Max Estates 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
DLF Info Park Developers (Chennai) Limited₹251.01 Cr (FY 2025)733.0%Chennai, Tamil Nadu, India
Pearls Infrastructure Projects Limited₹250.91 Cr (FY 2016)919.0%New Delhi, Delhi, India
Suncity Buildcon Private Limited₹249.26 Cr (FY 2024)118.0%Ahmedabad, Gujarat, India
Suncity Infrastructures Private Limited₹248.79 Cr (FY 2022)64.0%Ahmedabad, Gujarat, India
Max Estates Limitedthis company₹199.45 Cr (FY 2026)-₹40.52 Cr-20.3%24.3%New Delhi, Delhi, India

To see the full peer comparison of Max Estates Limited, buy the company report.

Auditor

Max Estates Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Co. LLPFY 2024301003E/E300005

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 45.30%, foreign institutional investors hold 25.80%, domestic institutional investors hold 8.20% and retail and other public shareholders hold 20.70%.

Promoters: 45.30%DII (Domestic Institutional): 8.20%FII (Foreign Institutional): 25.80%Retail & Others: 20.70%
Sep 2026
QUARTER
45.30% Promoters
8.20% DII (Domestic Institutional)
25.80% FII (Foreign Institutional)
20.70% Retail & Others
Promoter holding - history
Now 45.30% · Sep 2026High 45.30% · Jun 2026Low 44.90% · Mar 2026
43%44%45%46%47%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 45.20%Mar 2026: 44.90%Jun 2026: 45.30%Sep 2026: 45.30%45.30%44.90%45.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters45.30%45.30%44.90%45.20%
Public54.70%54.70%55.10%54.80%

Charges & borrowings

Open charges
₹540.41 Cr
Satisfied charges
₹1,714.17 Cr
Breakdown by lending institutions
Others₹539.58 Cr
Hdfc Bank Limited₹0.76 Cr
Yes Bank Limited₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 2026101277650Others₹37 LakhOpen
12 Mar 2026101265851Yes Bank Limited₹7 LakhOpen
26 Nov 2025101200743Hdfc Bank Limited₹30.82 LakhOpen
19 Nov 2025101191938Hdfc Bank Limited₹45.23 LakhOpen
19 Sep 2025101156719Others₹387 CrOpen

To see the full charge records of Max Estates Limited, buy the company report.

Total charge records: 38 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Max Estates Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Max Estates has 10 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

10
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Pharmax Corporation LtdU24232PB1989PLC009741
Max Estates 128 Private LimitedU55101DL2006PTC151422
Max Estates Gurgaon Two LimitedU68100DL2024PLC424818
Astiki Realty Private LimitedU68200DL2023PTC416407
Acreage Builders Private LimitedU70101HR2010PTC047012
Max Towers Private LimitedU70109UP2016PTC087374

To see the full group structure of Max Estates Limited, buy the company report.

GST

Max Estates has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAKCM2620D1ZUDelhiActive01 Jan 2018
05AAKCM2620D1ZYUttarakhandActive01 Jul 2017
09AAKCM2620D1ZQUttar PradeshActive01 Jul 2017
09AAKCM2620D3ZOUttar PradeshActive26 Mar 2025

To see the full GST registrations and return filing status of Max Estates Limited, buy the company report.

Recent activity

Max Estates Limited has 32 board changes on record since 2016: 12 appointments and 20 cessations. The latest: Benjamin Scott Greene was appointed as Alternate Director on 22 May 2026.

Charges
A charge registered on 17 Jun 2023 via Charge ID 100743133 with Others was fully satisfied on 24 Jun 2026.
Appointed
Benjamin Scott Greene was appointed as Alternate Director.
Filing
Max Estates Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge with Others amounted to Rs. 0.37 Cr with Charge ID 101277650 was registered on 30 Mar 2026.
Charges
A charge registered on 30 Mar 2025 via Charge ID 101084039 with Others was fully satisfied on 16 Mar 2026.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.07 Cr with Charge ID 101265851 was registered on 12 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101200743 was registered on 26 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 101191938 was registered on 19 Nov 2025.
Charges
A charge registered on 03 Nov 2022 via Charge ID 100644191 with Others was fully satisfied on 10 Nov 2025.
Charges
A charge registered on 16 Aug 2023 via Charge ID 100783313 with Others was fully satisfied on 15 Oct 2025.
Charges
A charge with Others amounted to Rs. 387.00 Cr with Charge ID 101156719 was registered on 19 Sep 2025.
AGM
Max Estates Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.

98 earlier events are in the company report.

News

Max Estates: Reports About Rs. 3,200 Crore Pre-Sales In First Half Of FY2027; Q2FY2027 Pre-Sales Hit Approximately Rs. 2,100 Crore, Rising 1,246% Compared To Last Year; Strong Sales Noted In Noida And Gurgaon With 274 Units Sold In Q2FY2027.
06 Oct 2026 · Exchange Update
Max Estates: Co Plans Significant Project Launches in Noida and Gurugram During the Last Two Quarters of FY2027.
06 Oct 2026 · Exchange Update
Max Estates: Co Earns 5-Star Rating Again In GRESB 2026, Top Rank In Development With Scores Of 100 And 93.5.
02 Oct 2026 · Exchange Update
Max Estates: To Host Analyst And Investor Meeting On September 29 At 10 AM
24 Sep 2026 · Exchange Update
Max Estates: Company Has Signed Agreement For Joint Development Of Approximately 9.76-Acre Land In Ghaziabad With A Potential Gross Development Value Of ₹2,500-3,000 Crore.
23 Sep 2026 · Exchange Update

Frequently asked questions

Max Estates is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 March 2016 (10+ years old) and is registered under CIN L70200DL2016PLC438718. Listed on BSE: 544008 and NSE: MAXESTATES.

Max Estates reported revenue of ₹199.45 Cr for FY 2025-26 (up 24.3% YoY) based on consolidated financials.

Max Estates has 10 current directors:

The latest financial statements of Max Estates on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Max Estates is 07AAKCM2620D1ZU, registered in Delhi. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 05AAKCM2620D1ZY (Uttarakhand), 09AAKCM2620D1ZQ (Uttar Pradesh), 09AAKCM2620D3ZO (Uttar Pradesh).

The CIN (Corporate Identification Number) of Max Estates is L70200DL2016PLC438718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Max Estates is a listed company as per MCA records. Its shares are listed on both BSE (code: 544008) and NSE (symbol: MAXESTATES).

Max Estates has 15 court cases on record: 4 filed by the company and 11 filed against it. 5 are pending. Most are in the nclat.

Max Estates was incorporated on 22 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Max Estates by revenue are DLF Info Park Developers (Chennai) Limited, Pearls Infrastructure Projects Limited, Suncity Buildcon Private Limited, Suncity Infrastructures 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).

Benjamin Scott Greene was appointed as Alternate Director on 22 May 2026. Ira Gupta ceased to be Additional Director on 25 May 2025. Ira Gupta was appointed as Director on 27 Mar 2025. Max Estates has 32 board changes on record in total.