About Maxcell Systems Private Limited
Data last updated:
Maxcell Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 01 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24303KA2019PTC120996. Its GSTIN is 29AAMCM4147M1ZT (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Saju Thomas (Managing Director) and Elizabeth Meena Thomas.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.12 J.R. Arcade 80Ft Road 1st Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.29 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Lakh (net margin 0.6%) and EBITDA of ₹22.47 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 136% over five years.
The company is associated with 1 brand: Maxcell. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹70 Lakh on record.
For more details, the company can be reached via its website maxcell.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.12 J.R. Arcade 80Ft Road 1st Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Associated Brands with Maxcell Systems Private Limited
Maxcell Systems operates one associated brand: Maxcell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies filtration, molecular biology, and lab consumables to the pharmaceutical industry. | maxcell.in |
Competitors & Alternatives of Maxcell Systems Private Limited
Brands and companies operating in the same space as Maxcell Systems Private Limited include Entero Healthcare, McKesson, Resilience and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Entero Healthcare | India's leading healthcare products distribution platform | Mumbai, India | 2018 |
 McKesson | Products and services are provided in the healthcare industry. | Irving, United States | 1833 |
 Resilience | Supply chain services for biopharma sector are provided. | San Diego, United States | 1995 |
 ASP Isotopes | Supply chain solution services for isotope production are provided. | Boca Raton, United States | 2021 |
 Viveo | Provider of logistic and supply chain services for biopharma sector | Sao Paulo, Brazil | 1996 |
 Zhejiang Mingdu Zhikong Technology | AI-based logistics services are provided in Hangzhou, China. | Hangzhou, China | 2017 |
 BioAscent | Compound management solutions are offered for drug discovery processes. | Motherwell, United Kingdom | 2013 |
 PAR Excellence | Supply chain logistics services are provided for the biopharma sector. | Cincinnati, United States | 1997 |
 Take Solutions | Life sciences and supply chain management services are provided. | Chennai, India | 2000 |
Business Activity of Maxcell Systems Private Limited
The main business activity of Maxcell Systems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Maxcell Systems Private Limited
Maxcell Systems Private Limited is audited by VIKAS KUMAR OSWAL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIKAS KUMAR OSWAL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maxcell Systems Private Limited
Maxcell Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elizabeth Meena Thomas | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Saju Thomas Also directs: Biolix Technologies LLP, Cell Stream Technologies Private Limited | Managing Director | 01 Feb 2019 | 7 Years 8 Months | Current |
Financials of Maxcell Systems Private Limited FY 2025 filings available
Maxcell Systems Private Limited reported revenue of ₹3.29 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxcell Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 136% over five years, including 22% growth in the latest year. EBITDA rose 86% 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 of Maxcell Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.94 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 of Maxcell Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maxcell Systems are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Maxcell Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maxcell Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2023 | Others | ₹50 Lakh | Open |
| 08 Oct 2020 | State Bank of India | ₹50 Lakh | Open |
| 25 Mar 2022 | Idbi Bank Limited | ₹70 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Maxcell Systems Private Limited
Employment history and EPFO contributions of people linked to Maxcell Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Maxcell Systems Private Limited
Maxcell Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM4147M1ZT | Karnataka | Active | 14 Feb 2019 |
| 32AAMCM4147M1Z6 | Kerala | Active | 08 Jul 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Maxcell Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maxcell Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maxcell Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maxcell Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Maxcell Systems Private Limited
Frequently Asked Questions about Maxcell Systems Private Limited
Maxcell Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 01 February 2019 (7+ years old) and is registered under CIN U24303KA2019PTC120996.
Maxcell Systems reported revenue of ₹3.29 Cr for FY 2024 (up 22% YoY).
Maxcell Systems has 2 current directors:
- Saju Thomas - Managing Director
- Elizabeth Meena Thomas - Director
Maxcell Systems reported a net profit of ₹1.94 Lakh (net margin 0.6%) and EBITDA of ₹22.47 Lakh (EBITDA margin 6.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxcell Systems is 3% over three years and 136% over five years. In the latest year (FY 2024) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxcell Systems is 29AAMCM4147M1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAMCM4147M1Z6 (Kerala).
The CIN (Corporate Identification Number) of Maxcell Systems is U24303KA2019PTC120996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxcell Systems was incorporated on 01 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Maxcell Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).