Maxgrow Development Foundation
About Maxgrow Development Foundation
Data last updated:
Maxgrow Development Foundation is a private not for profit company based in Kodungallur, Kerala, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 04 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85100KL2020NPL064801.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹19 Lakh. It is led by directors Saneeth (Managing Director) and Zulfath Pathayapurakal Yoosaf.
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 Kodungallur, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.49 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹22.16 Lakh (net margin -62.4%) and EBITDA of -₹1.25 Lakh (EBITDA margin -3.5%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years.
As per MCA filings, the company has open charges of ₹5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maxgrow Development Foundation's registered office is in Kodungallur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBuilding No. 35/319C 1st Floor, Kizhakkeveettil Complex T K S Puram, Kodungallur, Kerala, India – 680664
- IndustryHealthcare, Human Health Activities
To see the full contact details of Maxgrow Development Foundation, 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
Financials of Maxgrow Development Foundation
FY 2025 filings availableMaxgrow Development Foundation reported revenue of ₹35.49 Lakh (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 97% over three years, including 34% growth in the latest year. EBITDA fell 114% 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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| EBITDA | -₹1.25 Lakh | ||||
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| Net Profit (PAT) | -₹22.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -62.4% | ||||
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To see the full financial statements and ratios of Maxgrow Development Foundation, buy the company report.
Board of directors of Maxgrow Development Foundation
Maxgrow Development Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zulfath Pathayapurakal Yoosaf Also directs: Maxgrow Jewellers Private Limited, Maxgrow Nidhi Limited | Director | 04 Oct 2020 | 6 Years 0 Months | Current |
| Saneeth Also directs: Maxgrow Jewellers Private Limited, Maxgrow Nidhi Limited | Managing Director | 04 Oct 2020 | 6 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2021 | 100408662 | Others | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Maxgrow Development Foundation 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 Maxgrow Development Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxgrow Development Foundation has 1 active EPFO establishment as of Apr 03, 2024.
GST
No GST registration is on our record for Maxgrow Development Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maxgrow Development Foundation has 2 board changes on record since 2020: 2 appointments. The latest: Saneeth was appointed as Managing Director on 04 Oct 2020.
Frequently asked questions
Maxgrow Development Foundation is an active private not for profit company based in Kodungallur, Kerala, India. The company works in human health activities, within the healthcare industry. It was incorporated on 04 October 2020 (6+ years old) and is registered under CIN U85100KL2020NPL064801.
Maxgrow Development Foundation has 2 current directors:
- Saneeth - Managing Director
- Zulfath Pathayapurakal Yoosaf - Director
The latest financial statements of Maxgrow Development Foundation 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Maxgrow Development Foundation is U85100KL2020NPL064801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxgrow Development Foundation was incorporated on 04 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Saneeth was appointed as Managing Director on 04 Oct 2020. Zulfath Pathayapurakal Yoosaf was appointed as Director on 04 Oct 2020.
The registered office of Maxgrow Development Foundation is at Building No. 35319C 1st Floor, Kizhakkeveettil Complex T K S Puram, Kodungallur, Kerala, India – 680664.
Maxgrow Development Foundation operates in the healthcare industry, in the human health activities segment.
Maxgrow Development Foundation has open charges of ₹5 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Maxgrow Development Foundation is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.