Maxben Finance Private Limited
About Maxben Finance Private Limited
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Maxben Finance Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U65921PB1995PTC015622. Its GSTIN is 03AAACM9965B1ZM (Punjab).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.07 Lakh. It is led by directors including Manmohan Singh and Esha Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15 – I Sarabha Nagar, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.88 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹6.66 Lakh (net margin -96.8%) and EBITDA of -₹8.78 Lakh (EBITDA margin -127.7%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 20% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maxben Finance Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 – I Sarabha Nagar, Ludhiana, Punjab, India – 141001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Maxben Finance 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
Business activity
The main business activity of Maxben Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Maxben Finance Private Limited, buy the company report.
Financials of Maxben Finance Private Limited
FY 2024 filings availableMaxben Finance Private Limited reported revenue of ₹6.88 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 52% fall in the latest year. EBITDA fell 204% 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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| Total Expenses | |||||
| EBITDA | -₹8.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.66 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -127.7% | ||||
| Net Profit Margin | -96.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Maxben Finance Private Limited, buy the company report.
Board of directors of Maxben Finance Private Limited
Maxben Finance has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manmohan Singh | Director | 01 Aug 2021 | 5 Years 3 Months | Current |
| Esha Aggarwal Also directs: Orelia Metals and Chemicals Private Limited | Director | 18 Jul 2021 | 5 Years 3 Months | Current |
| Tajinder Kaur Arora | Director | 24 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Maxben Finance Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fortis Management Services Private Limited | ₹6.88 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Maxben Finance Private Limitedthis company | ₹6.88 Lakh (FY 2025) | -₹6.66 Lakh | -96.8% | -52.0% | Ludhiana, Punjab, India | |
| Silver Star Futures Private Limited | ₹6.87 Lakh (FY 2016) | 0.0% | Jaipur, Rajasthan, India | |||
| Bharati and Vidhushekhara Ventures Private Limited | ₹6.87 Lakh (FY 2024) | -85.0% | Guduvancherry, Tamil Nadu, India | |||
| Healthcare Capital Private Limited | ₹6.87 Lakh (FY 2024) | 189.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Maxben Finance Private Limited, buy the company report.
Auditor
Maxben Finance Private Limited is audited by RAVI GARG & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI GARG & CO | FY 2024 | 016998N |
Shareholding
The shareholding of Maxben Finance Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxben Finance Private Limited, buy the company report.
Legal cases
Maxben Finance Private Limited has 5 court cases on record: 3 filed by Maxben Finance, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Original application | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Maxben Finance 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 Maxben Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxben Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACM9965B1ZM | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxben Finance Private Limited, buy the company report.
Recent activity
Maxben Finance Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Esha Aggarwal ceased to be Additional Director on 30 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Maxben Finance is an active private limited company based in Ludhiana, Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 January 1995 (31+ years old) and is registered under CIN U65921PB1995PTC015622.
Maxben Finance has 3 current directors:
- Manmohan Singh - Director
- Esha Aggarwal - Director
- Tajinder Kaur Arora - Director
The latest financial statements of Maxben Finance on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maxben Finance is 03AAACM9965B1ZM, registered in Punjab.
The CIN (Corporate Identification Number) of Maxben Finance is U65921PB1995PTC015622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxben Finance has 5 court cases on record: 3 filed by the company and 2 filed against it.
Maxben Finance was incorporated on 12 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Maxben Finance by revenue are Fortis Management Services Private Limited, Silver Star Futures Private Limited, Bharati and Vidhushekhara Ventures Private Limited, Healthcare Capital Private Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
Esha Aggarwal ceased to be Additional Director on 30 Nov 2021. Mahesh Kumar Jain ceased to be Additional Director on 14 Sep 2021. Manmohan Singh was appointed as Director on 01 Aug 2021. Maxben Finance has 10 board changes on record in total.
The registered office of Maxben Finance is at 15 – I Sarabha Nagar, Ludhiana, Punjab, India – 141001.
Maxben Finance operates in the financial services industry, in the diversified financial services segment.
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