Maxgrow India Limited - Company Profile

It is a business outsourcing public limited company based in Mumbai, Maharashtra, India, established in 1994.
1994 Mumbai, Maharashtra, India Active
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About Maxgrow India Limited

Maxgrow India Limited, a active public limited company, was established on 12 January 1994 in Mumbai, Maharashtra, India. Engaging in hr outsourcing & talent management within the trade sector, it holds CIN: L51100MH1994PLC076018. Registered under ROC Roc Mumbai. it is listed on BSE: 521167. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹19.97 Cr.

Formerly known as Bullize Industries Limited, Maxgrow Resource Limited. It upholds a compliant status. In 2020, it reported revenue of ₹1.56 M and a net worth of ₹23.64 Cr. Its leadership includes Laxman Medudula (Additional Director), Guda Rakesh (Additional Director), Amarjit Kumar Shrivastav (Additional Director). Past directors included Ratish Tagde, Ravi Prakash Saraf, Sandeep Mhaske. It holds no open charges and ₹32.00 Cr settled loans. Its latest AGM occurred on 30 September 2020, with the balance sheet filed on 31 March 2020. It is based at Office No. 5, Floor-5, Plot-239,, Hari Leela House, Mint Road, Fort, Mumbai, Maharashtra, 400001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L51100MH1994PLC076018

  • Registration Number

    076018

  • Incorporation Date

    12 January 1994

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹19.97 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 521167)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.97 Cr
  • Company Age 32 Year, 28 Days
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 32.00 Cr
  • Revenue Growth **** -35.89%
  • Profit Growth **** -1839.20%
  • Ebitda **** 44.66%
  • Net Worth 100.91%
  • Total Assets **** 22.41%
Company report

Maxgrow India Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maxgrow India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maxgrow India Limited?
Current Directors
Name Designation Appointment Date Status
Laxman Medudula Additional Director 19 Sep 2024 Current
Guda Rakesh Additional Director 19 Sep 2024 Current
Amarjit Kumar Shrivastav Additional Director 19 Sep 2024 Current
Pooja Pravin Keer Additional Director 19 Sep 2024 Current
Shivkumar Ramsagar Pasi Additional Director 23 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Oct 2011 Past
Pramod Abcsdd Additional Director 01 Jul 2013 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Managing Director 20 Jun 2008 Past
Pramod Abcsdd Director 20 Jun 2008 Past
Pramod Abcsdd Director 07 Aug 2019 Past

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Financial Performance of Maxgrow India.

Maxgrow India Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 35.89% decrease. The company also saw a substantial fall in profitability, with a 1839.2% decrease in profit. The company's net worth Soared by an impressive increase of 100.91%.

Maxgrow India revenue growth over time
Maxgrow India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -35.89%
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Revenue from Operations
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Total Assets
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 22.41%
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Profit or Loss
*******
 -1839.20%
*******
*******
*******
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Net Worth
*******
 100.91%
*******
*******
*******
*******
EBITDA
*******
 44.66%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Maxgrow India?

In 2020, Maxgrow India had a promoter holding of 50.82% and a public holding of 49.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹320,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 26.60 Cr
  • The Bank Of Scotia : 4.20 Cr
  • Export Import Bank Of India : 1.20 Cr
Latest Charge Details
Date Lender Amount Status
08 Jul 1996 State Bank Of India ₹17.70 Cr Satisfied
01 Apr 1995 The Bank Of Scotia ₹1.00 Cr Satisfied
27 Oct 1994 Export Import Bank Of India ₹1.20 Cr Satisfied
27 May 1994 State Bank Of India ₹8.90 Cr Satisfied
25 Mar 1994 The Bank Of Scotia ₹3.20 Cr Satisfied

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How Many Employees Work at Maxgrow India?

Unlock and access historical data on people associated with Maxgrow India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maxgrow India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maxgrow India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maxgrow India
Recent Activity within the Organization
  • Director Appointment

    The activity Avinash Bhau Godse was appointed as a Company Secretary was appointed as a Company Secretary on 03 Jan 2025 & has been associated with this company since 1 year 1 month . was completed.

  • Director Appointment

    The activity Shivkumar Ramsagar Pasi was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.

  • Director Appointment

    Progress on Laxman Medudula was appointed as a Additional Director was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 1 year 4 months . was documented.

  • Director Appointment

    The activity Guda Rakesh was appointed as a Additional Director was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 1 year 4 months . was completed.

  • Director Appointment

    Amarjit Kumar Shrivastav was appointed as a Additional Director was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

  • Annual General Meeting

    The activity Maxgrow India Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Maxgrow India Limited?

The CIN of Maxgrow India Limited is L51100MH1994PLC076018.

Where is Maxgrow India Limited headquartered?

Maxgrow India Limited is headquartered at Office No. 5, Floor-5, Plot-239,, Hari Leela House, Mint Road, Fort, Mumbai, Maharashtra, 400001.

When was Maxgrow India Limited incorporated?

Maxgrow India Limited was incorporated on 12 January 1994.

Who are the current directors of Maxgrow India Limited?

The current directors of Maxgrow India Limited are

What is the primary industry of Maxgrow India Limited?

The primary industry of Maxgrow India Limited is Trade.

Is Maxgrow India Limited a listed company?

Maxgrow India Limited is listed. It is listed on BSE: 521167.

What is the capital structure of Maxgrow India Limited?

The authorized capital of Maxgrow India Limited is ₹20.00 Cr, and the paid-up capital is ₹19.97 Cr.

What is the compliance status of Maxgrow India Limited?

The compliance status of Maxgrow India Limited is Compliant.

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