Maxcare Kuries India Private Limited
About Maxcare Kuries India Private Limited
Data last updated:
Maxcare Kuries India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 24 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65992PN2009PTC135218. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Maxcare Chit Fund Private Limited. It is led by directors Yuvraj Sopan Ranshinge and Gitanjali Kolte.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Branch 1/352 3rd Floor B Wing Jai Ganesh Vision Beside Fame Ganesh Multiplex Akurdi, Pune, Maharashtra, India – 411035.
As per the financials filed for FY 2017, the company reported a revenue of ₹56.07 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹5,851 (net margin 0.1%) and EBITDA of ₹3.47 Lakh (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Court records list 190 cases involving the company, including 185 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Maxcare Kuries India Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBranch 1/352 3rd Floor B Wing Jai Ganesh Vision Beside Fame Ganesh Multiplex Akurdi, Pune, Maharashtra, India – 411035
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Maxcare Kuries India 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 Maxcare Kuries India 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 Maxcare Kuries India Private Limited, buy the company report.
Financials of Maxcare Kuries India Private Limited
FY 2017 filings availableMaxcare Kuries India Private Limited reported revenue of ₹56.07 Lakh (down 16% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 16% fall in the latest year. EBITDA fell 52% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹56.07 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.47 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5,851 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.2% | ||
| Net Profit Margin | 0.1% | ||
| 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 Maxcare Kuries India Private Limited, buy the company report.
Board of directors of Maxcare Kuries India Private Limited
Maxcare Kuries India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gitanjali Kolte Also directs: Maxcare Foods and Beverages Private Limited | Additional Director | 30 May 2010 | 16 Years 5 Months | Current |
| Yuvraj Sopan Ranshinge Also directs: Maxcare Foods and Beverages Private Limited | Director | 24 Dec 2009 | 16 Years 10 Months | Current |
Peer comparison
Maxcare Kuries India Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), 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 |
|---|---|---|---|---|---|---|
| Valumoorthy Velayutham Chits Private Limited | ₹56.9 Lakh (FY 2024) | -3.0% | Tuticorin, Tamil Nadu, India | |||
| Venus Star Chit Private Limited | ₹56.46 Lakh (FY 2019) | -8.0% | Chengalpet, Tamil Nadu, India | |||
| Shree Vijaya Meenakshi Chits Private Limited | ₹56.45 Lakh (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Mulloor Chitty Funds Kochi Private Limited | ₹56.41 Lakh (FY 2025) | 14.0% | Kochi, Kerala, India | |||
| SGFS Chits Private Limited | ₹56.13 Lakh (FY 2023) | 143.0% | Kochi, Kerala, India | |||
| Maxcare Kuries India Private Limitedthis company | ₹56.07 Lakh (FY 2017) | ₹5,851 | 0.1% | -16.0% | Pune, Maharashtra, India | |
| Abana Chits India Private Limited | ₹55.93 Lakh (FY 2025) | 22.0% | Kannur, Kerala, India | |||
| Runtack Nidhi Limited | ₹55.64 Lakh (FY 2024) | 22.0% | Delhi, India |
To see the full peer comparison of Maxcare Kuries India Private Limited, buy the company report.
Auditor
Maxcare Kuries India Private Limited is audited by PAWAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAR & ASSOCIATES | FY 2017 | 130148W |
Shareholding
The shareholding of Maxcare Kuries India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maxcare Kuries India Private Limited, buy the company report.
Legal cases
Maxcare Kuries India Private Limited has 190 court cases on record: 185 filed by Maxcare Kuries India, 5 filed against it. 2 cases are pending and 188 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 190 | 5 | 2 |
Cases on record (5 of 190)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Maxcare Kuries India 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 Maxcare Kuries India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxcare Kuries India 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 Maxcare Kuries India Private Limited, buy the company report.
Recent activity
Maxcare Kuries India Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Bharat Pandurang Lokhande ceased to be Director on 30 May 2010.
Frequently asked questions
Maxcare Kuries India is an active private limited company based in Pune, Maharashtra, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 24 December 2009 (17+ years old) and is registered under CIN U65992PN2009PTC135218.
Maxcare Kuries India has 2 current directors:
- Gitanjali Kolte - Additional Director
- Yuvraj Sopan Ranshinge - Director
The latest financial statements of Maxcare Kuries India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Maxcare Kuries India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maxcare Kuries India is U65992PN2009PTC135218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxcare Kuries India has 190 court cases on record: 185 filed by the company and 5 filed against it. 2 are pending.
Maxcare Kuries India was incorporated on 24 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Maxcare Kuries India by revenue are Valumoorthy Velayutham Chits Private Limited, Venus Star Chit Private Limited, Shree Vijaya Meenakshi Chits Private Limited, Mulloor Chitty Funds Kochi Private Limited, SGFS Chits Private Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Bharat Pandurang Lokhande ceased to be Director on 30 May 2010. Gitanjali Kolte was appointed as Additional Director on 30 May 2010. Pradip Ganpat Waghachaure ceased to be Director on 30 May 2010. Maxcare Kuries India has 4 board changes on record in total.
The registered office of Maxcare Kuries India is at Branch 1352 3rd Floor B Wing Jai Ganesh Vision Beside Fame Ganesh Multiplex Akurdi, Pune, Maharashtra, India – 411035.
Maxcare Kuries India operates in the financial services industry, in the microfinance institutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
