- #1,090 Prem Bhutani & family ₹2,400 Cr

About Max-Digi Infotech Private Limited
Data last updated:
Max-Digi Infotech Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Parmesh Construction Co. Ltd.. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 July 2007 and has been in existence for over 19 years.
Its director Prem Bhutani and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U68100UP2007PTC192546. Its GSTIN is 09AAFCM1580M1Z3 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.7 Cr. It is led by directors Ashish Bhutani and Prem Bhutani.
Its last annual general meeting (AGM) was held on 10 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Noida, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹320.62 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹19.16 Cr (net margin 6%) and EBITDA of ₹47.64 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹255.45 Cr and satisfied charges of ₹150 Cr on record. Court records list 32 cases involving the company, including 7 filed by the company and 25 filed against it; 14 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹14.7 Lakh; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhutanigroup.com.
Company details
CIN history
Max-Digi Infotech has one previous CIN (Corporate Identification Number): U72300DL2007PTC165933. The current CIN is U68100UP2007PTC192546, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100UP2007PTC192546 | Current |
| U72300DL2007PTC165933 | Previous |
Recognitions & Rankings of Max-Digi Infotech
Contact details
Max-Digi Infotech Private Limited's registered office is in Noida, Uttar Pradesh. Its website is bhutanigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th Floor Tower C, Plot No. 1 Sec 90, Noida, Uttar Pradesh, India – 201301
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Max-Digi Infotech 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 Max-Digi Infotech is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Max-Digi Infotech Private Limited, buy the company report.
Financials of Max-Digi Infotech Private Limited
FY 2024 filings availableMax-Digi Infotech Private Limited reported revenue of ₹320.62 Cr (up 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 44% growth in the latest year. EBITDA rose 50% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Revenue | ₹320.62 Cr | ||||
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| EBITDA | ₹47.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.16 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Max-Digi Infotech Private Limited, buy the company report.
Board of directors of Max-Digi Infotech Private Limited
Max-Digi Infotech has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Bhutani | Director | 10 Oct 2018 | 8 Years 1 Months | Current |
| Prem Bhutani | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Max-Digi Infotech Private Limited is audited by Ashish Mangaul & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashish Mangaul & Co. | FY 2024 | 024664N |
Shareholding
The shareholding of Max-Digi Infotech 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Max-Digi Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2023 | 100723848 | Axis Bank Limited | ₹1.94 Cr | Open | |
| 23 Feb 2023 | 100688042 | Others | ₹250 Cr | Open | |
| 14 Feb 2023 | 100709248 | Axis Bank Limited | ₹67 Lakh | Open | |
| 02 Feb 2023 | 100704728 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 18 Jan 2023 | 100672433 | Hdfc Bank Limited | ₹1.19 Cr | Open |
To see the full charge records of Max-Digi Infotech Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Max-Digi Infotech Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹14.7 Lakh; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Parmesh Construction Company Limited & Ashish Bhutani Seller: Parmesh Construction Company Limited & Anil Bhutani |
| Mar 2020 | Funding round | ₹14.7 Lakh | Investors: Parmesh Construction Company Limited , Parmesh Construction Company Limited & Prem Bhutani, Parmesh Construction Company Limited & Anil Bhutani |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Parmesh Construction Company Limited & Anil Bhutani, Parmesh Construction Company Limited , Parmesh Construction Company Limited & Prem Bhutani Seller: Urbtech Finvest Private Limited , 3 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Vistar Construction Private Limited, 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Vistar Construction Private Limited, 3 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Max-Digi Infotech Private Limited has 32 court cases on record: 7 filed by Max-Digi Infotech, 25 filed against it. 14 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 20 | 13 |
| High courts | 10 | 5 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Nexellence Consulting Services Pvt Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| High Court of Delhi | Court case (TR.P.(C.)) | Filed against the company by an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
To see the full case history of Max-Digi Infotech 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 Max-Digi Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Max-Digi Infotech Private Limited has a workforce of 19 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 19 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Max-Digi Infotech Private Limited, buy the company report.
GST
Max-Digi Infotech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCM1580M1Z3 | Uttar Pradesh | Active | 17 Nov 2018 |
To see the full GST registrations and return filing status of Max-Digi Infotech Private Limited, buy the company report.
Recent activity
Max-Digi Infotech Private Limited has 20 board changes on record since 2008: 2 appointments and 18 cessations. The latest: Prem Bhutani ceased to be Additional Director on 30 Nov 2021.
19 earlier events are in the company report.
News
Frequently asked questions
Max-Digi Infotech is an active private limited company based in Noida, Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 July 2007 (19+ years old) and is registered under CIN U68100UP2007PTC192546.
Max-Digi Infotech has 2 current directors:
- Ashish Bhutani - Director
- Prem Bhutani - Director
The latest financial statements of Max-Digi Infotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 February 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Max-Digi Infotech is 09AAFCM1580M1Z3, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Max-Digi Infotech is U68100UP2007PTC192546. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max-Digi Infotech has 32 court cases on record: 7 filed by the company and 25 filed against it. 14 are pending. Most are in the district courts.
Max-Digi Infotech was incorporated on 17 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kanpur.
Max-Digi Infotech has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹14.7 Lakh; the latest was in March 2021.
Prem Bhutani ceased to be Additional Director on 30 Nov 2021. Prem Bhutani was appointed as Director on 30 Mar 2021. Sanchit Bhutani ceased to be Additional Director on 30 Mar 2021. Max-Digi Infotech has 20 board changes on record in total.
Max-Digi Infotech can be reached through the website bhutanigroup.com. Its registered office is in Noida, Uttar Pradesh, India.

