About
Basic Data Updated:
22 days agoThe story of Max Spare Limited, formerly known as Spare-Age Seals Limited, began in 1967 when it was incorporated in Mumbai, Maharashtra. The company's main focus is on manufacturing seals and V-belts, with a wide range of products including hydraulic seals, pneumatic seals, rotary seals, and O-rings. These high-quality products are used in various industries such as Indian Defense Organization (DRDO), Indian railways, steel mills, power plants, cement, and automobile industries. Max Spare Limited started its journey by producing rubber seals for both domestic and overseas markets. With its commitment to excellence and innovation, the company quickly gained recognition and expanded its operations. Today, it has two state-of-the-art manufacturing facilities located in Thane and Khopoli, Maharashtra. One of the key factors behind the success of Max Spare Limited is its technical collaboration with UK Seals and Polymers Ltd (England). This partnership has allowed the company to stay at the forefront of technology and provide its customers with the best products and services. The company's dedication to quality and customer satisfaction has earned it a loyal customer base.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
- Apps12224421
| CIN/LLPIN/FCRN | U32109MH1967PLC013711 |
| Company No. | 013711 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 04 Apr 1967 |
| Date of AGM | 30 Sep 2022 |
| Date of Balance Sheet | 31 Mar 2022 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Products or Services related to Max Spare Limited
Seals
Pipe Couplings
Rotary Shaft Seal
Pneumatic Seals
Financials of Max Spare Limited
Max Spare Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.2% increase. The company also saw a substantial improvement in profitability, with a 125.44% increase in profit. The company's net worth Soared by an impressive increase of 31.5%.
Corporate Structure
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People in Max Spare Limited
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Executive Team (1)
Jagmeet Sabharwal
Managing DirectorAppointment Date: 01-Apr-1999
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 03 Aug 2022 | ₹14.37 Cr | Open |
Others Creation Date: 29 Jun 2022 | ₹1.00 Cr | Open |
Others Creation Date: 26 Jun 2018 | ₹2.59 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Max Spare, 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 Spare's trajectory.
Rating
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Alert
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Recent activity within the organization
Director Appointment
Rubina Inderpal Sabharwal was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2024 & has been associated with this company since 1 month 13 days .
04 Apr 2024Charges
A charge with Others of Rs. 97.67 cr registered on 31 Aug 2016 with Charge ID 100061609 was modified on 29 Dec 2023.
29 Dec 2023Charges
A charge with Axis Bank Limited of Rs. 14.37 cr registered on 03 Aug 2022 with Charge ID 100609154 was modified on 21 Sep 2023.
21 Sep 2023Charges
A charge with Axis Bank Limited of Rs. 63.69 cr registered on 08 May 2014 with Charge ID 10607251 was modified on 24 Jul 2023.
24 Jul 2023Annual General Meeting
Max Spare Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
30 Sep 2022
Frequently asked questions
What is the Incorporation or founding date of Max Spare Limited?
