Max Flex & Imaging Systems Limited - Company Profile

It is a information technology public limited company based in Mumbai, Maharashtra, India, established in 2002.

2002 Mumbai, Maharashtra, India Under Liquidation

Last Updated: July 25, 2025

About Max Flex & Imaging Systems Limited

Max Flex & Imaging Systems Limited, a under liquidation public limited company, was established on 25 October 2002 in Mumbai, Maharashtra, India. Engaging in electronic components & equipment manufacturing within the information technology sector, it holds CIN: U92112MH2002PLC137690. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹21.00 Cr and a paid-up capital of ₹18.37 Cr.

Formerly known as Max Flex & Imaging Systems Private Limited, Silver Digigraph Private Limited. It upholds a active non-compliant status. Employing 2 professional, Its leadership includes Nimesh Navinchandra Shah (Whole-Time Director), Hitesh Rajnikant Jobalia (Managing Director), Dipti Hitesh Jobalia (Additional Director). Past directors included Rahul Bharat Manek, Snehal Shah, Sneha Yogeshkumar Shah. It holds ₹400.00 Cr open charges and ₹511.90 Cr settled loans. Its latest AGM occurred on 16 September 2013, with the balance sheet filed on 31 March 2013. It is based at 102 Prime Plaza Jv Patelcompound Balasaheb Madhurkar Marg El Phiston (West), Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U92112MH2002PLC137690
Registration Number
137690
Incorporation Date
25 October 2002
Authorized Capital
₹21.00 Cr
Paid-Up Capital
₹18.37 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 21.00 Cr as on 25-07-2025
Paid Up Capital ₹ 18.37 Cr as on 25-07-2025
Company Age 23 Year, 4 Months
Last Filing with ROC 31 Mar 2013
Open Charges ₹ 400.00 Cr as on 25-07-2025
Satisfied Charges ₹ 511.90 Cr as on 25-07-2025

Comprehensive Company Insights

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Who are the key members and board of directors at Max Flex & Imaging Systems Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nimesh Navinchandra Shah	Whole-Time Director	25 Oct 2002	Current
Hitesh Rajnikant Jobalia	Managing Director	25 Oct 2002	Current
Dipti Hitesh Jobalia	Additional Director	15 Feb 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	15 Feb 2016	Past
Pramod Abcsdd	Director	13 Jan 2014	Past
Pramod Abcsdd	Secretary	-	Past
Pramod Abcsdd	Additional Director	16 Sep 2013	Past
Pramod Abcsdd	Director	01 Jan 2014	Past
Pramod Abcsdd	Director	01 Apr 2004	Past

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Financial Performance of Max Flex & Imaging Systems.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Max Flex & Imaging Systems?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹4,000,000,000.00

Satisfied Charges

₹5,119,000,000.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 400.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Mar 2013	Sbicap Trustee Company Limited	₹400.00 Cr	Open
16 Dec 2013	Bank Of Maharashtra	₹2.00 Cr	Satisfied
19 Dec 2012	Axis Bank Limited	₹50.00 Cr	Satisfied
22 Oct 2012	Bank Of Maharashtra	₹22.00 Cr	Satisfied
03 May 2012	Standard Chartered Bank	₹50.00 Cr	Satisfied

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How Many Employees Work at Max Flex & Imaging Systems?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Max Flex & Imaging Systems

Recent Activity within the Organization

Director Appointment

The activity Dipti Hitesh Jobalia was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2016 & has been associated with this company since 10 years 12 days . was completed.
15 Feb 2016
Charges

A charge registered on 10 Jun 2011 via Charge ID 10294148 with Axis Bank Limited was fully satisfied on 30 Aug 2014. was recorded as a recent event.
30 Aug 2014
Charges

Progress on A charge registered on 19 Dec 2012 via Charge ID 10395866 with Axis Bank Limited was fully satisfied on 16 Jul 2014. was documented.
16 Jul 2014
Charges

The activity A charge registered on 17 Oct 2011 via Charge ID 10313959 with Icici Bank Limited was fully satisfied on 06 Jun 2014. was completed.
06 Jun 2014
Charges

The activity A charge registered on 16 Dec 2013 via Charge ID 10466571 with Bank Of Maharashtra was fully satisfied on 03 Jun 2014. was completed.
03 Jun 2014
Charges

The activity A charge registered on 04 Dec 2007 via Charge ID 10084857 with State Bank Of India was fully satisfied on 29 Apr 2014. was completed.
29 Apr 2014

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