About Max Milan Tooling Private Limited
Data last updated:
Max Milan Tooling Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 07 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29222KA2013PTC071717. Its GSTIN is 29AAICM9028R1ZH (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Mallarabanavadi Rangaswamy Srinivas and Venkatappa Gopala.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.4 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹20.07 Lakh (net margin 3.7%) and EBITDA of ₹1.38 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 25% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Max Milan Tooling and Max Milan. As per MCA filings, the company has open charges of ₹84.68 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxmilantooling.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressProp.No.180/A Sy.No.150 Laggare Village 11th Main 3rd Phase Peenya Industrial A, Rea, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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 Max Milan Tooling Private Limited
The main business activity of Max Milan Tooling is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Max Milan Tooling Private Limited FY 2025 filings available
Max Milan Tooling Private Limited reported revenue of ₹5.4 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Max Milan Tooling Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 25% growth in the latest year. EBITDA rose 187% 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 Max Milan Tooling 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 | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.07 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Max Milan Tooling Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Max Milan Tooling are in the company report.
Financial statements from 2015
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 Max Milan Tooling Private Limited
Max Milan Tooling Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iniz Plastomech Private Limited | ₹5.42 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Mehsana, Gujarat, India |
| Rift Industries & Engineering Private Limited | ₹5.42 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Chanditala, West Bengal, India |
| Gauges Industries Private Limited | ₹5.42 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Whitworth Engineers Private Limited | ₹5.41 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| STC Metaliks Private Limited | ₹5.41 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kolkata, West Bengal, India |
| Max Milan Tooling Private Limited this company | ₹5.4 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Bangalore, Karnataka, India |
| Texcelead India Private Limited | ₹5.4 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| RGP Moulds Private Limited | ₹5.39 Cr (FY 2021) | •••• | •••• | 96.0% | •••• | Kanpur, Uttar Pradesh, India |
| H T Engineers(Guj)Private Limited | ₹5.39 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Sparrow Technologies Limited | ₹5.39 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| FKL Bearings Private Limited | ₹5.38 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Garulia, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Max Milan Tooling by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Max Milan Tooling Private Limited
Max Milan Tooling Private Limited is audited by KOMANDOOR&CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOMANDOOR&CO | 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 Max Milan Tooling Private Limited
Max Milan Tooling has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallarabanavadi Rangaswamy Srinivas | Director | 07 Nov 2013 | 12 Years 11 Months | Current |
| Venkatappa Gopala | Director | 07 Nov 2013 | 12 Years 11 Months | Current |
| Gangaiah Lokesha | Director | 07 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Max Milan Tooling 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 Max Milan Tooling Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2025 | Axis Bank Limited | ₹32.65 Lakh | Open |
| 23 Jun 2023 | Hdfc Bank Limited | ₹10.03 Lakh | Open |
| 28 Aug 2020 | Axis Bank Limited | ₹42 Lakh | Open |
Total charge records: 3 View all charges
Associated Brands with Max Milan Tooling Private Limited
Max Milan Tooling operates two associated brands: Max Milan Tooling and Max Milan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of cutting tools from Bangalore, India. | maxmilantooling.in | |
| Provision of cutting tools and accessories for machining applications. | maxmilan.in |
Employees and EPFO Compliance at Max Milan Tooling Private Limited
Max Milan Tooling Private Limited has a workforce of 34 employees as of Oct 08, 2025.
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 Max Milan Tooling Private Limited
Max Milan Tooling Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Gangaiah Lokesha was appointed as Director on 07 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Max Milan Tooling 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 Max Milan Tooling 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 Max Milan Tooling 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 Max Milan Tooling Private Limited
Max Milan Tooling has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM9028R1ZH | Karnataka | Active | 01 Jul 2017 |
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 Max Milan Tooling 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 Max Milan Tooling Private Limited
Max Milan Tooling is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 07 November 2013 (13+ years old) and is registered under CIN U29222KA2013PTC071717.
Max Milan Tooling reported revenue of ₹5.4 Cr for FY 2024 (up 25% YoY).
Max Milan Tooling has 3 current directors:
- Mallarabanavadi Rangaswamy Srinivas - Director
- Venkatappa Gopala - Director
- Gangaiah Lokesha - Director
Max Milan Tooling reported a net profit of ₹20.07 Lakh (net margin 3.7%) and EBITDA of ₹1.38 Cr (EBITDA margin 25.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Max Milan Tooling is 38% over three years and 25% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Max Milan Tooling is 29AAICM9028R1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Max Milan Tooling is U29222KA2013PTC071717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Milan Tooling was incorporated on 07 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Max Milan Tooling by revenue are Iniz Plastomech Private Limited, Rift Industries & Engineering Private Limited, Gauges Industries Private Limited, Whitworth Engineers Private Limited, STC Metaliks Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Gangaiah Lokesha was appointed as Director on 07 Apr 2023. Mallarabanavadi Rangaswamy Srinivas was appointed as Director on 07 Nov 2013. Venkatappa Gopala was appointed as Director on 07 Nov 2013.
Yes, Max Milan Tooling is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).