About Max Square Limited
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Max Square Limited is a public limited company based in Noida, Uttar Pradesh, India, a subsidiary of Max Estates Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U70200UP2019PLC118369. Its GSTIN is 09AAGCN5808G1ZB (Uttar Pradesh).
The company has an authorised share capital of ₹240 Cr and a paid-up capital of ₹217.51 Cr. It was formerly known as Northern Propmart Solutions Limited. It is led by directors including Archit Goyal (Whole-Time Director) and Benjamin Scott Greene.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at L – 20 Max Towers C – 001/A/1 Sector – 16B, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹31.31 Cr (net margin -86.4%) and EBITDA of ₹20.25 Cr (EBITDA margin 55.9%).
As per MCA filings, the company has open charges of ₹984.99 Cr and satisfied charges of ₹640 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (3 convertible or debt financings, 1 funding round), with disclosed funding of ₹185.7 Cr; the latest was in October 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 1 smaller; the largest is Greenfield Housing India Private Limited with revenue of ₹36.34 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxsquare.in.
Company details
Contact details
Max Square Limited's registered office is in Noida, Uttar Pradesh. Its website is maxsquare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressL – 20 Max Towers C – 001/A/1 Sector – 16B, Noida, Uttar Pradesh, India – 201301
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Max Square Limited, buy the company report.
- 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
Business activity
The main business activity of Max Square is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Max Square Limited, buy the company report.
Financials of Max Square Limited
FY 2025 filings availableMax Square Limited reported revenue of ₹36.25 Cr (up 225% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 225% in the latest year. EBITDA rose 234% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹20.25 Cr | ||||
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| Net Profit (PAT) | -₹31.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 55.9% | ||||
| Net Profit Margin | -86.4% | ||||
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To see the full financial statements and ratios of Max Square Limited, buy the company report.
Board of directors of Max Square Limited
Max Square has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Benjamin Scott Greene | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Jillian Leigh Moo Young | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Monika Srivastava Also directs: Pharmax Corporation Ltd, Purvah Green Power Private Limited, Dhariwal Infrastructure Limited and 2 more | Director | 07 Feb 2024 | 2 Years 9 Months | Current |
| Akhil Bhalla Also directs: Max Towers Private Limited, Pharmax Corporation Ltd, Max Estates Noida Private Limited and 1 more | Director | 18 Mar 2020 | 6 Years 7 Months | Current |
| Nitin Kumar Also directs: Max Towers Private Limited, Acreage Builders Private Limited, Max Estates 128 Private Limited and 5 more | Director | 18 Mar 2020 | 6 Years 7 Months | Current |
| Gauri Padmanabhan | Additional Director | 30 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Max Square Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenfield Housing India Private Limited | ₹36.34 Cr (FY 2025) | 4.0% | Erode, Tamil Nadu, India | |||
| Max Estates 128 Private Limited | ₹36.33 Cr (FY 2025) | 303.0% | New Delhi, Delhi, India | |||
| A R Chadha and Co India Pvt Ltd | ₹36.3 Cr (FY 2025) | 72.0% | New Delhi, Delhi, India | |||
| Max Square Limitedthis company | ₹36.25 Cr (FY 2025) | -₹31.31 Cr | -86.4% | 225.0% | Noida, Uttar Pradesh, India | |
| Treis City Private Limited | ₹36.17 Cr (FY 2023) | 208.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Max Square Limited, buy the company report.
Auditor
Max Square Limited is audited by K K MANKESHWAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K MANKESHWAR & CO | FY 2022 | 106009W |
Shareholding
The shareholding of Max Square Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Max Square Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2024 | 101024815 | Axis Bank Limited | ₹7.5 Lakh | Open | |
| 24 Dec 2024 | 101028275 | Others | ₹584 Cr | Open | |
| 31 Jul 2024 | 100964193 | Axis Bank Limited | ₹25.26 Lakh | Open | |
| 20 Jun 2024 | 100944215 | Axis Bank Limited | ₹12 Lakh | Open | |
| 06 Mar 2024 | 100905700 | Axis Bank Limited | ₹5 Lakh | Open |
To see the full charge records of Max Square Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Max Square Limited has 4 deals on record (3 convertible or debt financings, 1 funding round), with disclosed funding of ₹185.7 Cr; the latest was in October 2022.
Deals on record (1 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Funding round | ₹35.7 Cr | Investors: Max Estates Limited |
To see the full deal history of Max Square Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Max Square Limited has 2 court cases on record: 2 filed by Max Square. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Union of India and 2 Others | Disposed |
To see the full case history of Max Square Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Max Square Limited was last rated by Care on 06 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jul 2022 |
To see the full credit ratings and regulatory alerts of Max Square Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Max Square Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Max Square has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCN5808G1ZB | Uttar Pradesh | Active | 10 Sep 2019 |
To see the full GST registrations and return filing status of Max Square Limited, buy the company report.
Recent activity
Max Square Limited has 20 board changes on record since 2019: 9 appointments and 11 cessations. The latest: Archit Goyal was appointed as Whole-Time Director on 30 Oct 2025.
27 earlier events are in the company report.
Frequently asked questions
Max Square is an active public limited company based in Noida, Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 June 2019 (7+ years old) and is registered under CIN U70200UP2019PLC118369.
Max Square has 7 current directors:
- Archit Goyal - Whole-Time Director
- Benjamin Scott Greene - Director
- Jillian Leigh Moo Young - Director
- Monika Srivastava - Director
- Akhil Bhalla - Director
- Nitin Kumar - Director
- Gauri Padmanabhan - Additional Director
The latest financial statements of Max Square on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Max Square is 09AAGCN5808G1ZB, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Max Square is U70200UP2019PLC118369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Square has 2 court cases on record: 2 filed by the company.
Max Square was incorporated on 24 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
Max Square has 4 deals on record (3 convertible or debt financings, 1 funding round), with disclosed funding of ₹185.7 Cr; the latest was in October 2022.
The peers of Max Square by revenue are Greenfield Housing India Private Limited, Max Estates 128 Private Limited, A R Chadha and Co India Pvt Ltd, Treis City Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Archit Goyal was appointed as Whole-Time Director on 30 Oct 2025. Gauri Padmanabhan was appointed as Additional Director on 30 Oct 2025. Niten Malhan was appointed as Additional Director on 26 Mar 2025. Max Square has 20 board changes on record in total.
Max Square can be reached through the website maxsquare.in. Its registered office is in Noida, Uttar Pradesh, India.
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