Maxforte India Private Limited

Maxforte India Private Limited - automotive in Ranchi, Jharkhand, India. FY 2026 financials & compliance.
CIN U50404JH2017PTC009703 Incorporated 02 March 2017 ROC Ranchi HQ Ranchi, Jharkhand, India
Active Private Limited Company automotive Startup India
Data last updated
Revenue · FY 2021
₹12 Lakh
Latest filing
Net loss · FY 2021
₹40,615
Net margin -3.4%
EBITDA · FY 2021
₹10,937
EBITDA margin 0.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹9.5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Maxforte India Private Limited

Data last updated:

Maxforte India Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U50404JH2017PTC009703. The company has 3 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Anil Kumar Goyal and Ajay Goyal.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1st Floor West Park Hehal Near Rantak, Ranchi, Jharkhand, India – 834005.

As per the financials filed for FY 2021, the company reported a revenue of ₹12 Lakh. For the same year it recorded a net loss of ₹40,615 (net margin -3.4%) and EBITDA of ₹10,937 (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years.

As per MCA filings, the company has open charges of ₹9.5 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U50404JH2017PTC009703
Registration Number 009703
Incorporation Date 02 March 2017
ROC Ranchi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Maxforte India

Startup India Government of India

Contact details

Maxforte India Private Limited's registered office is in Ranchi, Jharkhand. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1st Floor West Park Hehal Near Rantak, Ranchi, Jharkhand, India – 834005
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Maxforte India Private Limited, buy the company report.

Comprehensive company report
Maxforte India 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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Secure checkout · GST invoice included

Business activity

The main business activity of Maxforte India is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Maxforte India Private Limited, buy the company report.

Financials of Maxforte India Private Limited

FY 2021 filings available

Maxforte India Private Limited reported revenue of ₹12 Lakh for FY 2021.

Revenue · FY 2021
₹12 Lakh
Net loss · FY 2021
₹40,615 margin -3.4%
EBITDA · FY 2021
₹10,937 margin 0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 65%
EBITDA CAGR growth
1 year
▲ 152%
3 years · compounded
▲ 27%

Revenue has grown at a compounded annual rate (CAGR) of 65% over three years. EBITDA rose 152% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹12 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹10,937
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹40,615
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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin0.9%
Net Profit Margin-3.4%
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 Maxforte India Private Limited, buy the company report.

Board of directors of Maxforte India Private Limited

Maxforte India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Kumar GoyalDirector08 Sep 20206 Years 1 MonthsCurrent
Ajay GoyalDirector08 Sep 20206 Years 1 MonthsCurrent

Auditor

Maxforte India Private Limited is audited by PRADEEP R AGARWAL & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
PRADEEP R AGARWAL & ASSOCIATESFY 2021014526C

Shareholding

The shareholding of Maxforte India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Maxforte India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Sep 2021100484370Others₹9.5 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maxforte India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Maxforte India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Maxforte India Private Limited, buy the company report.

Recent activity

Maxforte India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Bharat Bhushan Bhatt ceased to be Director on 23 Jun 2021.

AGM
Maxforte India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 9.50 Lakh with Charge ID 100484370 was registered on 09 Sep 2021.
Ceased
Bharat Bhushan Bhatt ceased to be Director.
Ceased
Rajeev Ranjan Das ceased to be Director.
Filing
Maxforte India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ranchi.
Appointed
Ajay Goyal was appointed as Director.
Appointed
Anil Kumar Goyal was appointed as Director.
Incorporation
02 Mar 2017
Maxforte India Private Limited was registered on 02 Mar 2017 with Roc Ranchi & aged 9 years 7 months as per MCA records.

Frequently asked questions

Maxforte India is an active private limited company based in Ranchi, Jharkhand, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 March 2017 (9+ years old) and is registered under CIN U50404JH2017PTC009703.

Maxforte India has 2 current directors:

The latest financial statements of Maxforte India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.

No. Maxforte India has 3 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Maxforte India is U50404JH2017PTC009703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maxforte India was incorporated on 02 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ranchi.

Bharat Bhushan Bhatt ceased to be Director on 23 Jun 2021. Rajeev Ranjan Das ceased to be Director on 23 Jun 2021. Ajay Goyal was appointed as Director on 08 Sep 2020. Maxforte India has 4 board changes on record in total.

Yes, Maxforte India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Maxforte India is at 1st Floor West Park Hehal Near Rantak, Ranchi, Jharkhand, India – 834005.

Maxforte India operates in the automotive industry, in the auto dealership and trading segment.