Max India Limited - Company Profile

Q: Who are the current directors of Max India Limited?

The current directors of Max India Limited are Mohit Talwar, Ajit Singh, Sandeep Pathak, Pradeep Pant, Rohit Kapoor, Sharmila Tagore, Rajit Mehta, Analjit Singh, Tara Singh Vachani, Sandeep Pathak, Niten Malhan.

It is a business outsourcing public limited company based in Mumbai, Maharashtra, India, established in 2019.

2019 Mumbai, Maharashtra, India Active

Last Updated: December 21, 2025

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About Max India Limited

Max India Limited, a active public limited company, was established on 23 January 2019 in Mumbai, Maharashtra, India. Engaging in business & it consulting within the financial and insurance service sector, it holds CIN: L74999MH2019PLC320039. Registered under ROC Roc Mumbai. it is listed on BSE: 543223 and NSE: MAXIND. It has an authorized capital of ₹60.05 Cr and a paid-up capital of ₹52.45 Cr.

Formerly known as Advaita Allied Health Services Limited. It upholds a compliant status. In 2024, it reported revenue of ₹32.27 Cr and a net worth of ₹863.99 Cr. Its leadership includes Mohit Talwar (Director), Ajit Singh (Director), Sandeep Pathak (Cfo). Past directors included Mohit Talwar, Ajit Singh, Pradeep Pant. It holds no open charges and ₹245.00 Cr settled loans. Its latest AGM occurred on 03 September 2025, with the balance sheet filed on 31 March 2025. It is based at 167, Floor 1,Plot-167A, Ready Money Mansion, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, 400018.

Company Details

CIN/LLPIN
L74999MH2019PLC320039
Registration Number
320039
Incorporation Date
23 January 2019
Authorized Capital
₹60.05 Cr
Paid-Up Capital
₹52.45 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 543223, NSE: MAXIND)
Company Status
Active

Key Metrics

Authorised Capital ₹ 60.05 Cr as on 21-12-2025
Paid Up Capital ₹ 52.45 Cr as on 21-12-2025
Company Age 7 Year, 18 Days
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 245.00 Cr as on 21-12-2025
Revenue Growth **** -2.33% (FY 2024)
Profit Growth **** -89.81% (FY 2024)
Ebitda **** -54.33% (FY 2024)
Net Worth 0.72% (FY 2024)
Total Assets **** 1.47% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Max India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Max India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mohit Talwar	Director	15 Jan 2021	Current
Ajit Singh	Director	25 May 2022	Current
Sandeep Pathak	Cfo	01 Jun 2020	Current
Pradeep Pant	Director	01 Jun 2020	Current
Rohit Kapoor	Director	25 May 2022	Current
Sharmila Tagore	Director	01 Jun 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	15 Jan 2021	Past
Pramod Abcsdd	Additional Director	18 Aug 2022	Past
Pramod Abcsdd	Additional Director	25 Sep 2020	Past
Pramod Abcsdd	Additional Director	18 Aug 2022	Past
Pramod Abcsdd	Additional Director	25 Sep 2020	Past
Pramod Abcsdd	Additional Director	25 Sep 2020	Past

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Financial Performance of Max India.

Max India Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 2.33% decrease. The company also saw a substantial fall in profitability, with a 89.81% decrease in profit. The company's net worth moved up by a moderate rise of 0.72%.

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

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-2.33%

*******

Revenue from Operations

*******

-4.00%

*******

Total Assets

*******

1.47%

*******

Profit or Loss

*******

-89.81%

*******

Net Worth

*******

0.72%

*******

EBITDA

*******

-54.33%

*******

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What is the Ownership and Shareholding Structure of Max India?

In 2024, Max India had a promoter holding of 50.94% and a public holding of 49.06%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹0

Satisfied Charges

₹2,450,000,000.00

Charges Breakdown by Lending Institutions

Others : 245.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Mar 2022	Others	₹75.00 Cr	Satisfied
26 Oct 2020	Others	₹170.00 Cr	Satisfied

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How Many Employees Work at Max India?

Max India has a workforce of 0 employees as of Apr 08, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Max India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Max India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Max India

Recent Activity within the Organization

Annual General Meeting

Progress on Max India Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records. was documented.
03 Sep 2025
Balance Sheet

The activity Max India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Charges

A charge registered on 29 Mar 2022 via Charge ID 100559269 with Others was fully satisfied on 13 Sep 2024. was recorded as a recent event.
13 Sep 2024
Director Appointment

The activity Ajit Singh was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 3 years 8 months . was completed.
25 May 2022
Director Appointment

Rohit Kapoor was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 3 years 8 months . was recorded as a recent event.
25 May 2022
Charges

Progress on A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100559269 was registered on 29 Mar 2022. was documented.
29 Mar 2022

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