Max Spare Limited, a active public limited company, was established on 04 April 1967 in Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U32109MH1967PLC013711. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹4.89 Cr.
Formerly known as Spare-Age Seals Limited, Spare-Age (India) Limited. It upholds a compliant status. Employing 357 professional, Its leadership includes Akshay Ashokan Veliyil (Director), Rubina Inderpal Sabharwal (Director), Tripti Mahesh Sharma (Director). Past directors included Rajpal Kaur Ushpal Singh Sabharwal, Akshay Ashokan Veliyil, Rubina Inderpal Sabharwal. It holds ₹331.57 Cr open charges and ₹111.38 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Max House,Flat No 8, 1St Floor,Shyam Kripa Chs Ltd Plot No 427,15Th Road, Khar West, Mumbai, Maharashtra, 400052.
U32109MH1967PLC013711
013711
04 April 1967
₹60.00 Cr
₹4.89 Cr
Roc Mumbai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akshay Ashokan Veliyil | Director | 01 Apr 2019 | Current |
| Rubina Inderpal Sabharwal | Director | 20 Mar 2024 | Current |
| Tripti Mahesh Sharma | Director | 28 Jul 2022 | Current |
| Jagmeet Singh Sabharwal | Managing Director | 01 Apr 1999 | Current |
| Sheetal Jagmeet Singh Sabharwal | Director | 13 Nov 2014 | Current |
| Sonal Singh | Director | 20 Mar 2019 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Whole-Time Director | 01 Apr 2024 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2019 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2024 | Past |
| Pramod Abcsdd | Director | 30 Sep 2014 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2022 | Past |
| Pramod Abcsdd | Director | 15 Jul 2017 | Past |
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Max Spare Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.7% increase. The company also saw a substantial improvement in profitability, with a 63.74% increase in profit. The company's net worth Soared by an impressive increase of 45.65%.
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In 2023, Max Spare had a promoter holding of 92.94% and a public holding of 7.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹3,315,674,000.00
₹1,113,808,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Citi Bank N.A. | ₹38.00 Cr | Open |
| 03 Aug 2022 | Axis Bank Limited | ₹14.37 Cr | Open |
| 29 Jun 2022 | Others | ₹1.00 Cr | Open |
| 26 Jun 2018 | Others | ₹2.59 Cr | Open |
| 03 May 2018 | Axis Bank Limited | ₹4.00 Cr | Open |
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Max Spare has a workforce of 357 employees as of Apr 06, 2024. 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.
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.
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The activity A charge with Others of Rs. 207.92 Cr registered on 31 Aug 2016 with Charge ID 100061609 was modified on 05 Mar 2025. was completed.
A charge with Citi Bank N.A. of Rs. 38.00 Cr registered on 28 Mar 2024 with Charge ID 100919824 was modified on 28 Oct 2024. was recorded as a recent event.
Progress on Max Spare Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
The activity Max Spare Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
A charge with Citi Bank N.A. amounted to Rs. 38.00 Cr with Charge ID 100919824 was registered on 28 Mar 2024. was recorded as a recent event.
The activity Rubina Inderpal Sabharwal was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 1 year 8 months . was completed.
The CIN of Max Spare Limited is U32109MH1967PLC013711.
Max Spare Limited is headquartered at Max House,Flat No 8, 1St Floor,Shyam Kripa Chs Ltd Plot No 427,15Th Road, Khar West, Mumbai, Maharashtra, 400052.
Max Spare Limited was incorporated on 04 April 1967.
The current directors of Max Spare Limited are
The primary industry of Max Spare Limited is Manufacturing.
Max Spare Limited is unlisted.
The authorized capital of Max Spare Limited is ₹60.00 Cr, and the paid-up capital is ₹4.89 Cr.
The compliance status of Max Spare Limited is Compliant.
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