Max Motors Private Limited - automotive in Thane West, Maharashtra, India. FY 2026 financials and compliance.
CIN U51909MH2004PTC149571 Incorporated 18 November 2004 ROC Mumbai HQ Thane West, Maharashtra, India
Merged Private Limited Company automotive
Data last updated
Revenue · FY 2024
₹2.95 Cr
▼ 63.00% YoY
EBITDA · FY 2024
*****
▼ 63.00% YoY
Net profit · FY 2024
*****
▼ 64.00% YoY
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹21.6 Cr
Satisfied ₹29.6 Cr
Company age
22 yrs
Est. 2004
Last financials
Mar 2024
Balance sheet date

About Max Motors Private Limited

Data last updated: 19 July 2025

Max Motors Private Limited was a private limited company based in Thane West, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in electrical and bio fuel vehicles, a part of the broader automotive sector. Incorporated on 18 November 2004.

Registered with ROC Mumbai under CIN U51909MH2004PTC149571.

Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Ajay Pratap Ashar and Anju Ajay Ashar.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 11Th Floor Ashar It Park, Thane West, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.95 Cr, a decline of 63% compared to the previous year.

As per MCA filings, the company had open charges of ₹21.6 Cr and satisfied charges of ₹29.6 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is maxmotors.in.

Company Details of Max Motors Private Limited
CIN U51909MH2004PTC149571
Registration Number 149571
Incorporation Date 18 November 2004
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Registered Address
    11Th Floor Ashar It Park Road No – 16Z Wagle Industrial Estate Agriculture Bus, Stop, Thane West, Maharashtra, India – 400604
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles
Company report
Max Motors Private Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Max Motors Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Auditor Details of Max Motors Private Limited

Max Motors Private Limited is audited by ATMS & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
ATMS & CO LLP blur-value blur-value blur-value

Board of Directors of Max Motors Private Limited

Max Motors Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Ajay Pratap Ashar Director 18 Nov 2004 21 Years 7 Months As last reported
Anju Ajay Ashar Director 02 Jul 2012 14 Years 0 Months As last reported

Financials of Max Motors Private Limited FY 2024 filings available

Max Motors Private Limited reported revenue of ₹2.95 Cr (down 63% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹2.95 Cr ▼ -63%
Profit
***** ▼ -64%
EBITDA
***** ▼ -63%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Max Motors Private Limited

As of FY 2023, Max Motors Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Max Motors Private Limited

Open charges
₹21.6 Cr
Satisfied charges
₹29.6 Cr
Breakdown by lending institutions
Tjsb Sahakari Bank Limited₹21.60 Cr
Icici Bank Ltd₹8.00 Cr
Latest charge details
DateLenderAmountStatus
16 Mar 2022 Tjsb Sahakari Bank Limited ₹11 Cr Satisfied
24 Nov 2021 Tjsb Sahakari Bank Limited ₹10.6 Cr Satisfied
20 Oct 2007 Icici Bank Ltd ₹8 Cr Satisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Max Motors Private Limited

View historical data on people associated with Max Motors Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Max Motors Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Max Motors Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Max Motors Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Max Motors Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Max Motors Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Max Motors Private Limited

MSME Payment Delays by Max Motors Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Max Motors Private Limited

Subsidiaries & Group Companies of Max Motors Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Max Motors Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Max Motors Private Limited

MCA Filings & Documents of Max Motors Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Max Motors Private Limited

Charges
18 Oct 2024
A charge registered on 16 Mar 2022 via Charge ID 100552227 with Tjsb Sahakari Bank Limited was fully satisfied on 18 Oct 2024.
Charges
18 Oct 2024
A charge registered on 24 Nov 2021 via Charge ID 100515431 with Tjsb Sahakari Bank Limited was fully satisfied on 18 Oct 2024.
Activity
30 Sep 2024
Max Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
06 Jul 2024
A charge registered on 20 Oct 2007 via Charge ID 10074458 with Icici Bank Ltd was fully satisfied on 06 Jul 2024.
Charges
18 Apr 2024
A charge with Tjsb Sahakari Bank Limited of Rs. 1,060.00 Lakh registered on 24 Nov 2021 with Charge ID 100515431 was modified on 18 Apr 2024.
Activity
31 Mar 2024
Max Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently Asked Questions about Max Motors Private Limited

Max Motors Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Max Motors Private Limited is a amalgamated private limited company in the automotive sector based in Thane West, Maharashtra, India. It was incorporated on 18 November 2004 and is registered under CIN U51909MH2004PTC149571. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Max Motors Private Limited was incorporated on 18 November 2004. Registered with ROC Mumbai.

The current directors of Max Motors Private Limited are:

The CIN (Corporate Identification Number) of Max Motors Private Limited is U51909MH2004PTC149571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Max Motors Private Limited is automotive. The company specifically operates in electrical and bio fuel vehicles.

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