About Max Ventures and Industries Limited
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Max Ventures and Industries Limited was a public limited company based in Nawanshehar, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 20 January 2015.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN L85100PB2015PLC039204. Its GSTIN is 09AAFCC9174K1Z3 (Uttar Pradesh). The company held 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from BSE on 02 Mar 2024 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹150 Cr and a paid-up capital of ₹147.13 Cr. It was formerly known as Capricorn Ventures Limited. It was led by directors including Sahil Vachani (Managing Director) and Analjit Singh.
Its last annual general meeting (AGM) was held on 25 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 419 Bhai Mohan Singh Nagar Village Railmajra Tehsil Balachaur, Nawanshehar, Punjab, India – 144533.
As per the financials filed for FY 2022, the company reported a revenue of ₹508.24 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹458.73 Cr (net margin 90.3%) and EBITDA of ₹35.65 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 31% over five years.
Its group structure included 6 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹39.19 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 18 deals on record (13 market trades, 2 acquisitions, 1 rights issue), with disclosed funding of ₹4.01 Cr; the latest was in April 2022.
The last known website on record is maxvil.com.
Company details
CIN history
Max Ventures and Industries has one previous CIN (Corporate Identification Number): U85100PB2015PLC039204. The current CIN is L85100PB2015PLC039204, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85100PB2015PLC039204 | Current |
| U85100PB2015PLC039204 | Previous |
Contact details
Max Ventures and Industries Limited's registered office is in Nawanshehar, Punjab. Its website is maxvil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address419 Bhai Mohan Singh Nagar Village Railmajra Tehsil Balachaur, Nawanshehar, Punjab, India – 144533
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Max Ventures and Industries 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 activities of Max Ventures and Industries are professional, scientific and technical and financial and insurance service. In detail, this covers management consultancy activities and activities by trusts, funds and other financial holding companies. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Max Ventures and Industries Limited, buy the company report.
Financials of Max Ventures and Industries Limited
FY 2022 filings availableMax Ventures and Industries Limited reported revenue of ₹508.24 Cr (up 50% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 50% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 263% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹508.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹458.73 Cr | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 90.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Max Ventures and Industries Limited, buy the company report.
Board of directors and KMP of Max Ventures and Industries Limited
Max Ventures and Industries Limited currently reports 6 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Vachani Also directs: Max Financial Services Limited, Max Estates Limited, Max Ventures Private Limited and 5 more | Managing Director | 27 Sep 2016 | 10 Years 0 Months | As last reported |
| Analjit Singh | Director | 15 Jan 2016 | 10 Years 9 Months | As last reported |
| Gauri Padmanabhan | Director | 26 Nov 2018 | 7 Years 10 Months | As last reported |
| Ka Luk Stanley Tai | Director | 01 Feb 2022 | 4 Years 8 Months | As last reported |
| Niten Malhan | Director | 08 Nov 2019 | 6 Years 11 Months | As last reported |
| Nitin Kumar Also directs: Max Estates Developers Limited, Hometrail Properties Private Limited, Wegmans Business Park Private Limited and 5 more | Cfo | 09 Aug 2016 | 10 Years 2 Months | As last reported |
Auditor
Max Ventures and Industries Limited is audited by S.R.Batliboi & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.Batliboi & Co. LLP | FY 2022 | 301003E/E300005 |
Shareholding
The shareholding of Max Ventures and Industries Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Max Ventures and Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2018 | 100218755 | Axis Bank Limited | ₹36.5 Cr | Satisfied | |
| 30 Jun 2018 | 100189623 | Yes Bank Limited | ₹8.48 Lakh | Satisfied | |
| 26 Jun 2018 | 100196776 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied | |
| 22 Jun 2018 | 100189618 | Yes Bank Limited | ₹8.07 Lakh | Satisfied | |
| 24 Apr 2018 | 100177018 | Yes Bank Limited | ₹12.24 Lakh | Satisfied |
To see the full charge records of Max Ventures and Industries Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Max Ventures and Industries Limited has 18 deals on record (13 market trades, 2 acquisitions, 1 rights issue), with disclosed funding of ₹4.01 Cr; the latest was in April 2022.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Acquisition | Undisclosed | Buyer: Max Estates Limited |
| Jun 2021 | Market trade | ₹101.87 Cr | Buyer: Siva Finvest Private Limited Seller: Max Ventures Investment Holdings Private Limited |
| Dec 2016 | Market trade | ₹3.28 Cr | Buyer: Siva Finvest Private Limited , Max Ventures Invesment Holdings Private Limited Seller: Atherdon Investments Limited |
| Nov 2016 | Market trade | ₹8.98 Cr | Buyer: Siva Finvest Private Limited Seller: Xenok Limited |
| Jul 2016 | Market trade | ₹2.04 Cr | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
To see the full deal history of Max Ventures and Industries 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 Ventures and Industries Limited has 5 court cases on record: 2 filed by Max Ventures and Industries, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Petition | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Court case (Succ. Court) | Filed against the company by an individual | Disposed |
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Motor Vehicle Challan) | Filed against the company by U.P. State | Disposed |
To see the full case history of Max Ventures and Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Max Ventures and Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Max Ventures and Industries has 6 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pharmax Corporation Ltd | U24232PB1989PLC009741 | |
| Max Towers Private Limited | U70109UP2016PTC087374 | |
| Max Estates Limited | U70200PB2016PLC040200 | |
| Max Square Limited | U70200UP2019PLC118369 | |
| Max I. Limited | U74999PB2016PLC045450 | |
| Max Asset Services Limited | U74999PB2016PLC045648 |
To see the full group structure of Max Ventures and Industries Limited, buy the company report.
GST
Max Ventures and Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCC9174K1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Max Ventures and Industries Limited, buy the company report.
Recent activity
Max Ventures and Industries Limited has 42 board changes on record since 2015: 25 appointments and 17 cessations. The latest: Abhishek Mishra was appointed as Company Secretary on 17 Jun 2023.
48 earlier events are in the company report.
News
Frequently asked questions
Max Ventures and Industries 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 Ventures and Industries was a public limited company based in Nawanshehar, Punjab, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 20 January 2015 and is registered under CIN L85100PB2015PLC039204. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Max Ventures and Industries was incorporated on 20 January 2015. It is registered with the Registrar of Companies, Chandigarh.
Max Ventures and Industries had 8 directors and KMP:
- Sahil Vachani - Managing Director
- Analjit Singh - Director
- Gauri Padmanabhan - Director
- Ka Luk Stanley Tai - Director
- Niten Malhan - Director
- Dinesh Kumar Mittal - Director
- Nitin Kumar - Cfo
- Abhishek Mishra - Company Secretary
The CIN (Corporate Identification Number) of Max Ventures and Industries is L85100PB2015PLC039204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Ventures and Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 02 Mar 2024 · merger, and no longer trade on a stock exchange.
The registered office of Max Ventures and Industries is at 419 Bhai Mohan Singh Nagar Village Railmajra Tehsil Balachaur, Nawanshehar, Punjab, India – 144533.
Max Ventures and Industries can be reached through the website maxvil.com. Its registered office is in Nawanshehar, Punjab, India.
The latest financial statements of Max Ventures and Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 25 August 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Max Ventures and Industries is 09AAFCC9174K1Z3, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.