MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0059710
Maxbyte Technologies Private Limited - information technology in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹8.63 Cr
▲ 8% YoY
Net loss · FY 2023
₹93.87 Lakh
Net margin -10.9%
EBITDA · FY 2023
₹46.23 Lakh
EBITDA margin 5.4%
Authorised capital
₹43.75 Lakh
Registered with MCA
Paid-up capital
₹27.79 Lakh
Issued & subscribed
Open charges
₹5.36 Lakh
Satisfied ₹2.85 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
141
Provident fund records
About Maxbyte Technologies Private Limited
Data last updated:
Maxbyte Technologies Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2016PTC022184. Its GSTIN is 33AAKCM1347F1ZP (Tamil Nadu).
The company has an authorised share capital of ₹43.75 Lakh and a paid-up capital of ₹27.79 Lakh. It is led by directors including Viswanathan Thiyagarajan (Whole-Time Director) and Dhiraj Ramakrishnan.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.218 Cowley Brown Road Rs Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.63 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹93.87 Lakh (net margin -10.9%) and EBITDA of ₹46.23 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 42% over five years.
The company has about 141 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: byteFACTORY and Maxbyte. As per MCA filings, the company has open charges of ₹5.36 Lakh and satisfied charges of ₹2.85 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 15 deals on record (10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹18.73 Cr; the latest was in April 2022. Its 6 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 1 smaller; the largest is Camptra Technologies Private Limited with revenue of ₹8.65 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier.
Maxbyte Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0059710). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxbyte.co.
Company details
CIN U72200TZ2016PTC022184
Registration Number 022184
Incorporation Date 14 January 2016
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0059710
Key People
Viswanathan Thiyagarajan Whole-Time Director Dhiraj Ramakrishnan Director Devaraj Surendran Director Recognitions & Rankings of Maxbyte Technologies
Contact details
Maxbyte Technologies Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is maxbyte.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.218 Cowley Brown Road Rs Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Maxbyte Technologies Private Limited, buy the company report.
Comprehensive company report
Maxbyte Technologies Private Limited - one report that includes everything
- 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
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Brands
Maxbyte Technologies operates two associated brands: byteFACTORY and Maxbyte. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers real-time insights and unified intelligence for scalable manufacturing practices. | bytefactory.ai | |
| Industrial digitalization, robotics, and decarbonization solutions are provided. | maxbyte.co |
Business activity
The main business activity of Maxbyte Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Maxbyte Technologies Private Limited, buy the company report.
Financials of Maxbyte Technologies Private Limited
FY 2023 filings availableMaxbyte Technologies Private Limited reported revenue of ₹8.63 Cr (up 8% YoY) for FY 2023.
Revenue · FY 2023
₹8.63 Cr ▲ 8%
Net loss · FY 2023
₹93.87 Lakh margin -10.9%
EBITDA · FY 2023
₹46.23 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 45%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 7%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 8% growth in the latest year. EBITDA fell 53% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹46.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹93.87 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | -10.9% | ||||
| 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 Maxbyte Technologies Private Limited, buy the company report.
Board of directors of Maxbyte Technologies Private Limited
Maxbyte Technologies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiraj Ramakrishnan | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Viswanathan Thiyagarajan | Whole-Time Director | 14 Jan 2016 | 10 Years 10 Months | Current |
| Devaraj Surendran Also directs: Maxbyte Technologies Services Private Limited | Director | 30 May 2023 | 3 Years 5 Months | Current |
| Devarajan Sri Sabari Nathan | Director | 03 Sep 2019 | 7 Years 2 Months | Current |
Peer comparison
Maxbyte Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Camptra Technologies Private Limited | ₹8.65 Cr (FY 2025) | -26.0% | Hyderabad, Telangana, India | |||
| Resident Boost Technologies Private Limited | ₹8.64 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Aevitas IT Private Limited | ₹8.64 Cr (FY 2025) | 44.0% | Hyderabad, Telangana, India | |||
| Tvarit Solutions Private Limited | ₹8.63 Cr (FY 2025) | 17.0% | Vadodara, Gujarat, India | |||
| Computhink India Private Limited | ₹8.63 Cr (FY 2025) | 74.0% | Bangalore, Karnataka, India | |||
| Maxbyte Technologies Private Limitedthis company | ₹8.63 Cr (FY 2023) | -₹93.87 Lakh | -10.9% | 8.0% | 141 | Coimbatore, Tamil Nadu, India |
| Cloudbc Labs Private Limited | ₹8.6 Cr (FY 2025) | 40.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Maxbyte Technologies Private Limited, buy the company report.
Auditor
Maxbyte Technologies Private Limited is audited by PSG AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PSG AND COMPANY | FY 2023 | 007279S |
Shareholding
The shareholding of Maxbyte Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxbyte Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.36 Lakh
Satisfied charges
₹2.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2022 | 100595087 | Others | ₹5.36 Lakh | Open | |
| 07 Mar 2022 | 100565837 | Others | ₹50 Lakh | Satisfied | |
| 30 Dec 2019 | 100316927 | Others | ₹1 Cr | Satisfied | |
| 28 May 2019 | 100270329 | The South Indian Bank Limited | ₹1.35 Cr | Satisfied |
To see the full charge records of Maxbyte Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Maxbyte Technologies Private Limited has 15 deals on record (10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹18.73 Cr; the latest was in April 2022.
Total deals
15
Funding rounds
10
Secondary share transfers
5
Disclosed funding
₹18.73 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹5.38 Cr | Investors: 2 individuals |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2021 | Funding round | ₹7.42 Cr | Investors: 2 individuals |
| Sep 2020 | Funding round | ₹2.92 Cr | Investors: 2 individuals |
| Oct 2017 | Funding round | ₹1.72 Cr | Investors: Macro Infotech Private Limited , 3 individuals |
To see the full deal history of Maxbyte Technologies Private 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
Maxbyte Technologies Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by M/S Oberoi Exhibition@Decor | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Court case (Complaint Cases) | Filed against the company by M/S Oberoi Exhibition@Decor | Disposed |
To see the full case history of Maxbyte Technologies 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
Maxbyte Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Centum Controls Private Limited |
To see the full MSME payment records of Maxbyte Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Maxbyte Technologies Private Limited has a workforce of 141 employees on its EPFO records as of Nov 2023, across 1 active EPFO establishment.
Employee count
141
Active EPFO establishments
1
Employee growth
33%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 141 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Maxbyte Technologies Private Limited, buy the company report.
GST
Maxbyte Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM1347F1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxbyte Technologies Private Limited, buy the company report.
Recent activity
Maxbyte Technologies Private Limited has 11 board changes on record since 2016: 4 appointments and 7 cessations. The latest: Coimbatore Ramshankar Somasundaram ceased to be Managing Director on 29 Sep 2023.
AGM
Maxbyte Technologies Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Charges
A charge registered on 07 Mar 2022 via Charge ID 100565837 with Others was fully satisfied on 01 Nov 2023.
Ceased
Coimbatore Ramshankar Somasundaram ceased to be Managing Director.
Appointed
Devaraj Surendran was appointed as Director.
Charges
A charge registered on 30 Dec 2019 via Charge ID 100316927 with Others was fully satisfied on 21 Apr 2023.
Filing
Maxbyte Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Ceased
Mettupalayam Velumani Saravanakumar ceased to be Director.
Charges
A charge with Others of Rs. 50.00 Lakh registered on 07 Mar 2022 with Charge ID 100565837 was modified on 28 Jul 2022.
Charges
A charge with Others amounted to Rs. 5.36 Lakh with Charge ID 100595087 was registered on 27 May 2022.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100565837 was registered on 07 Mar 2022.
Charges
A charge registered on 28 May 2019 via Charge ID 100270329 with The South Indian Bank Limited was fully satisfied on 14 Feb 2022.
Ceased
Devarajan Sri Sabari Nathan ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Maxbyte Technologies is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 January 2016 (10+ years old) and is registered under CIN U72200TZ2016PTC022184.
Maxbyte Technologies has 4 current directors:
- Viswanathan Thiyagarajan - Whole-Time Director
- Dhiraj Ramakrishnan - Director
- Devaraj Surendran - Director
- Devarajan Sri Sabari Nathan - Director
The latest financial statements of Maxbyte Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Maxbyte Technologies is 33AAKCM1347F1ZP, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Maxbyte Technologies is U72200TZ2016PTC022184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxbyte Technologies has 4 court cases on record: 4 filed against it.
Maxbyte Technologies was incorporated on 14 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Maxbyte Technologies has 15 deals on record (10 funding rounds, 5 secondary share transfers), with disclosed funding of ₹18.73 Cr; the latest was in April 2022.
The peers of Maxbyte Technologies by revenue are Camptra Technologies Private Limited, Resident Boost Technologies Private Limited, Aevitas IT Private Limited, Tvarit Solutions Private Limited, Computhink India Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Coimbatore Ramshankar Somasundaram ceased to be Managing Director on 29 Sep 2023. Devaraj Surendran was appointed as Director on 30 May 2023. Mettupalayam Velumani Saravanakumar ceased to be Director on 28 Sep 2022. Maxbyte Technologies has 11 board changes on record in total.
Yes, Maxbyte Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0059710).
Maxbyte Technologies has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
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