About Maxan Corporation Private Limited
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Maxan Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH2012PTC228553. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.13 Cr. It is led by directors including Pravinbhai Dhanjibhai Mangukiya and Dhanjibhai Mohanbhai Mangukiya.
Its last annual general meeting (AGM) was held on 16 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at B – 1/9 Chirag Chs Ltd Khira Nagar Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2015, the company reported a revenue of ₹4.76 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.73 Cr (net margin -36.4%) and EBITDA of -₹6.27 Cr (EBITDA margin -131.7%).
As per MCA filings, the company has open charges of ₹94.32 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹56.56 Cr; the latest was in February 2013.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website maxangroup.com.
Company details
Contact details
Maxan Corporation Private Limited's registered office is in Mumbai, Maharashtra. Its website is maxangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 1/9 Chirag Chs Ltd Khira Nagar Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryManufacturing, Plastic-Based Products, Rubber-Based Products
To see the full contact details of Maxan Corporation Private 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
Financials of Maxan Corporation Private Limited
FY 2015 filings availableMaxan Corporation Private Limited reported revenue of ₹4.76 Cr (up 1549857% YoY) for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹4.76 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹6.27 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.73 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -131.7% |
| Net Profit Margin | -36.4% |
| 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 Maxan Corporation Private Limited, buy the company report.
Board of directors of Maxan Corporation Private Limited
Maxan Corporation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravinbhai Dhanjibhai Mangukiya | Director | 03 Sep 2012 | 14 Years 1 Months | Current |
| Dhanjibhai Mohanbhai Mangukiya | Director | 21 Mar 2012 | 14 Years 7 Months | Current |
| Maheshbhai Dhanjibhai Mangukiya Also directs: Emmkae Trading Corporation Private Limited | Director | 21 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Maxan Corporation Private Limited is audited by MANUBHAI & SHAH LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANUBHAI & SHAH LLP | FY 2015 | 106041W |
Shareholding
The shareholding of Maxan Corporation Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Maxan Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2014 | 10519655 | Union Bank of India | ₹94.32 Cr | Open |
To see the full charge records of Maxan Corporation Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Maxan Corporation Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹56.56 Cr; the latest was in February 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2013 | Funding round | ₹47.57 Cr | Investors: Grace Usa Inc |
| Dec 2012 | Funding round | ₹8.99 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maxan Corporation Private Limited has 4 court cases on record: 2 filed by Maxan Corporation, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 2 others | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Reserve Bank of India and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Disposed |
To see the full case history of Maxan Corporation Private 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 Maxan Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxan Corporation Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Maxan Corporation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maxan Corporation Private Limited, buy the company report.
Recent activity
Maxan Corporation Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Pravinbhai Dhanjibhai Mangukiya was appointed as Director on 03 Sep 2012.
Frequently asked questions
Maxan Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 21 March 2012 (14+ years old) and is registered under CIN U25190MH2012PTC228553.
Maxan Corporation has 3 current directors:
- Pravinbhai Dhanjibhai Mangukiya - Director
- Dhanjibhai Mohanbhai Mangukiya - Director
- Maheshbhai Dhanjibhai Mangukiya - Director
The latest financial statements of Maxan Corporation on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 16 September 2015. Year-wise statements from 2015 are in the company report.
No. Maxan Corporation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maxan Corporation is U25190MH2012PTC228553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxan Corporation has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Maxan Corporation was incorporated on 21 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Maxan Corporation has 2 deals on record (2 funding rounds), with disclosed funding of ₹56.56 Cr; the latest was in February 2013.
Pravinbhai Dhanjibhai Mangukiya was appointed as Director on 03 Sep 2012. Dhanjibhai Mohanbhai Mangukiya was appointed as Director on 21 Mar 2012. Maheshbhai Dhanjibhai Mangukiya was appointed as Director on 21 Mar 2012.
Maxan Corporation can be reached through the website maxangroup.com. Its registered office is in Mumbai, Maharashtra, India.
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