MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0035672
_PRIVATE_LIMITED.webp)
Maxgrid Securicor (India) Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.21 Cr
▼ 21% YoY
Net profit · FY 2025
₹8.52 Lakh
Net margin 2%
EBITDA · FY 2025
₹13.12 Lakh
EBITDA margin 3.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹81.62 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
110
Provident fund records
About Maxgrid Securicor (India) Private Limited
Data last updated:
Maxgrid Securicor (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 07 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2011PTC061515. Its GSTIN is 29AAHCM5748F1Z4 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Banakal Narendra Sanjay and Pratap Madhava Rao Heblikar.
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 Trunc Towers No – 301 III Floor No – 5/2 Egale Street Langford Town, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.21 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹8.52 Lakh (net margin 2%) and EBITDA of ₹13.12 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 7% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxgrid Securicor. As per MCA filings, the company has open charges of ₹81.62 Lakh on record.
Maxgrid Securicor (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0035672). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxgridsecuricor.com.
Company details
CIN U74900KA2011PTC061515
Registration Number 061515
Incorporation Date 07 December 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0035672
Key People
Banakal Narendra Sanjay Director Pratap Madhava Rao Heblikar Director Manjunath Ganapathi Hegde Director Recognitions & Rankings of Maxgrid Securicor (India)
Contact details
Maxgrid Securicor (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is maxgridsecuricor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTrunc Towers No – 301 III Floor No – 5/2 Egale Street Langford Town, Bangalore, Karnataka, India – 560025
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Maxgrid Securicor (India) Private Limited, buy the company report.
Comprehensive company report
Maxgrid Securicor (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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Brands
Maxgrid Securicor (India) operates one associated brand: Maxgrid Securicor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Security services, training, and consulting in India. | maxgridsecuricor.com |
Business activity
The main business activity of Maxgrid Securicor (India) is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Maxgrid Securicor (India) Private Limited, buy the company report.
Financials of Maxgrid Securicor (India) Private Limited
FY 2025 filings availableMaxgrid Securicor (India) Private Limited reported revenue of ₹4.21 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹4.21 Cr ▼ 21%
Net profit · FY 2025
₹8.52 Lakh margin 2%
EBITDA · FY 2025
₹13.12 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 24%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 40%
5 years · compounded
▲ 20%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 30% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹13.12 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maxgrid Securicor (India) Private Limited, buy the company report.
Board of directors of Maxgrid Securicor (India) Private Limited
Maxgrid Securicor (India) has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Banakal Narendra Sanjay Also directs: Deccan Munitions Private Limited, Ailanthus AI India Private Limited, N and S Solutions Private Limited and 1 more | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
| Pratap Madhava Rao Heblikar Also directs: Ed4all Private Limited | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Manjunath Ganapathi Hegde | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Kongettira Chengappa Belliappa | Director | 07 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Maxgrid Securicor (India) Private Limited is compared with the 4 companies closest to it by revenue in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eass Security Services Private Limited | ₹4.23 Cr (FY 2024) | 8.0% | Satna, Madhya Pradesh, India | |||
| Soldier Eye Security Services Private Limited | ₹4.22 Cr (FY 2023) | 43.0% | Amritsar, Punjab, India | |||
| S.S.A.K. Security Solutions Private Limited | ₹4.21 Cr (FY 2025) | -18.0% | Chamba, Himachal Pradesh, India | |||
| Maxgrid Securicor (India) Private Limitedthis company | ₹4.21 Cr (FY 2025) | ₹8.52 Lakh | 2% | -21.0% | 110 | Bangalore, Karnataka, India |
| Inovatiq Surveillance Automation Private Limited | ₹4.19 Cr (FY 2025) | 243.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Maxgrid Securicor (India) Private Limited, buy the company report.
Auditor
Maxgrid Securicor (India) Private Limited is audited by GD AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GD AND ASSOCIATES | FY 2023 | 011187S |
Shareholding
The shareholding of Maxgrid Securicor (India) Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxgrid Securicor (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹81.62 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2019 | 100307760 | Others | ₹81.62 Lakh | Open |
To see the full charge records of Maxgrid Securicor (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Maxgrid Securicor (India) 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 Maxgrid Securicor (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxgrid Securicor (India) Private Limited has a workforce of 110 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
110
Active EPFO establishments
1
Employee growth
42.86%
GST
Maxgrid Securicor (India) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM5748F1Z4 | Karnataka | Active | 01 Jul 2017 |
| 33AAHCM5748F1ZF | Tamil Nadu | Active | 15 Mar 2021 |
To see the full GST registrations and return filing status of Maxgrid Securicor (India) Private Limited, buy the company report.
Recent activity
Maxgrid Securicor (India) Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Manjunath Ganapathi Hegde was appointed as Director on 01 Oct 2019.
AGM
Maxgrid Securicor (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxgrid Securicor (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 81.62 Lakh registered on 29 Nov 2019 with Charge ID 100307760 was modified on 24 Dec 2020.
Charges
A charge with Others amounted to Rs. 81.62 Lakh with Charge ID 100307760 was registered on 29 Nov 2019.
Appointed
Manjunath Ganapathi Hegde was appointed as Director.
Appointed
Pratap Madhava Rao Heblikar was appointed as Director.
Appointed
Banakal Narendra Sanjay was appointed as Director.
Appointed
Kongettira Chengappa Belliappa was appointed as Director.
Incorporation
07 Dec 2011
Maxgrid Securicor (India) Private Limited was registered on 07 Dec 2011 with Roc Bangalore & aged 14 years 10 months as per MCA records.
Frequently asked questions
Maxgrid Securicor (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in security and surveillance, within the business services industry. It was incorporated on 07 December 2011 (15+ years old) and is registered under CIN U74900KA2011PTC061515.
Maxgrid Securicor (India) has 4 current directors:
- Banakal Narendra Sanjay - Director
- Pratap Madhava Rao Heblikar - Director
- Manjunath Ganapathi Hegde - Director
- Kongettira Chengappa Belliappa - Director
The latest financial statements of Maxgrid Securicor (India) 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 2015 are in the company report.
The GSTIN of Maxgrid Securicor (India) is 29AAHCM5748F1Z4, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAHCM5748F1ZF (Tamil Nadu).
The CIN (Corporate Identification Number) of Maxgrid Securicor (India) is U74900KA2011PTC061515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxgrid Securicor (India) was incorporated on 07 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maxgrid Securicor (India) by revenue are Eass Security Services Private Limited, Soldier Eye Security Services Private Limited, S.S.A.K. Security Solutions Private Limited, Inovatiq Surveillance Automation Private Limited, all in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities).
Manjunath Ganapathi Hegde was appointed as Director on 01 Oct 2019. Pratap Madhava Rao Heblikar was appointed as Director on 01 Oct 2019. Banakal Narendra Sanjay was appointed as Director on 07 Dec 2011. Maxgrid Securicor (India) has 4 board changes on record in total.
Yes, Maxgrid Securicor (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0035672).
Maxgrid Securicor (India) can be reached through the website maxgridsecuricor.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Maxgrid Securicor (India) is at Trunc Towers No – 301 III Floor No – 52 Egale Street Langford Town, Bangalore, Karnataka, India – 560025.