Startup India Government of India
Maxgrade Private Limited - information technology in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹23.63 Cr
▲ 341% YoY
Net profit · FY 2023
₹2.31 Cr
Net margin 9.8%
EBITDA · FY 2023
₹3.59 Cr
EBITDA margin 15.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹27.09 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
84
Provident fund records
About Maxgrade Private Limited
Data last updated:
Maxgrade Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U01114RJ2019PTC067295. Its GSTIN is 08AANCM1404A1ZZ (Rajasthan). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Maxgrade Pravite Limited. It is led by directors including Surendra Kumar Jat and Krishan Kumar.
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 Jaipur, Rajasthan.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 9.8%) and EBITDA of ₹3.59 Cr (EBITDA margin 15.2%).
The company has about 84 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Maxgrade and Acrylic Photo Frames. As per MCA filings, the company has open charges of ₹27.09 Lakh on record.
Maxgrade Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0137945). For more details, the company can be reached via its website maxgrade.in.
Company details
CIN U01114RJ2019PTC067295
Registration Number 067295
Incorporation Date 09 December 2019
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0137945
Recognitions & Rankings of Maxgrade
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0137945
Contact details
Maxgrade Private Limited's registered office is in Jaipur, Rajasthan. Its website is maxgrade.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 1/57, Kanakpura RIICO Area Sirsi Road, Jaipur, Rajasthan, India – 302034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Maxgrade Private Limited, buy the company report.
Comprehensive company report
Maxgrade 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
Brands
Maxgrade operates two associated brands: Maxgrade and Acrylic Photo Frames. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive solutions for website development, storage, and ecommerce. | maxgrade.in | |
| Online retail of acrylic photo frames and prints in India. | acrylicphotoframes.com |
Financials of Maxgrade Private Limited
FY 2025 filings availableMaxgrade Private Limited reported revenue of ₹23.63 Cr (up 341% YoY) for FY 2023.
Revenue · FY 2023
₹23.63 Cr ▲ 341%
Net profit · FY 2023
₹2.31 Cr margin 9.8%
EBITDA · FY 2023
₹3.59 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 341%
EBITDA CAGR growth
1 year
▲ 754%
Revenue rose 341% in the latest year. EBITDA rose 754% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹23.63 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.59 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.31 Cr | |||
| 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.2% | |||
| Net Profit Margin | 9.8% | |||
| 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 Maxgrade Private Limited, buy the company report.
Board of directors of Maxgrade Private Limited
Maxgrade has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Jat | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Krishan Kumar Also directs: Digital Hoax Media LLP, Skintific Private Limited, Zopoxo Express Private Limited and 2 more | Director | 08 Oct 2022 | 4 Years 0 Months | Current |
| Narendra Kumar Jat | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Rohit Kumar Also directs: Digital Hoax Media LLP, Skintific Private Limited, Zopoxo Express Private Limited and 2 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Auditor
Maxgrade Private Limited is audited by ROHIT VIJAY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT VIJAY & ASSOCIATES | FY 2023 | 450691 |
Shareholding
The shareholding of Maxgrade Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maxgrade Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.09 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2023 | 100819981 | Hdfc Bank Limited | ₹27.09 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Maxgrade Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maxgrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxgrade Private Limited has a workforce of 84 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
84
Active EPFO establishments
1
Employee growth
61.54%
GST
Maxgrade has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AANCM1404A1ZZ | Rajasthan | Active | 11 Feb 2021 |
| 08AANCM1404A2ZY | Rajasthan | Active | 17 Feb 2023 |
| 29AANCM1404A1ZV | Karnataka | Active | 23 Jan 2023 |
To see the full GST registrations and return filing status of Maxgrade Private Limited, buy the company report.
Recent activity
Maxgrade Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Krishan Kumar was appointed as Director on 08 Oct 2022.
AGM
Maxgrade Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxgrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.09 Lakh with Charge ID 100819981 was registered on 03 Nov 2023.
Appointed
Krishan Kumar was appointed as Director.
Appointed
Rohit Kumar was appointed as Director.
Ceased
Pawan Kumar ceased to be Additional Director.
Appointed
Narendra Kumar Jat was appointed as Director.
Appointed
Surendra Kumar Jat was appointed as Director.
Incorporation
09 Dec 2019
Maxgrade Private Limited was registered on 09 Dec 2019 with Roc Jaipur & aged 6 years 10 months as per MCA records.
Frequently asked questions
Maxgrade is an active private limited company based in Jaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 December 2019 (7+ years old) and is registered under CIN U01114RJ2019PTC067295.
Maxgrade has 4 current directors:
- Surendra Kumar Jat - Director
- Krishan Kumar - Director
- Narendra Kumar Jat - Director
- Rohit Kumar - Director
The latest financial statements of Maxgrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Maxgrade is 08AANCM1404A1ZZ, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AANCM1404A2ZY (Rajasthan), 29AANCM1404A1ZV (Karnataka).
The CIN (Corporate Identification Number) of Maxgrade is U01114RJ2019PTC067295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxgrade was incorporated on 09 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
Krishan Kumar was appointed as Director on 08 Oct 2022. Rohit Kumar was appointed as Director on 30 Sep 2022. Pawan Kumar ceased to be Additional Director on 01 Jun 2021. Maxgrade has 5 board changes on record in total.
Yes, Maxgrade is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Maxgrade is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0137945).
Maxgrade can be reached through the website maxgrade.in. Its registered office is in Jaipur, Rajasthan, India.