Maxgrow India Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L51100MH1994PLC076018 Incorporated 12 January 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 521167 Public Limited Company business outsourcing
Data last updated
Revenue · FY 2025
₹2,757.72 Cr
Exchange filings
EBITDA · FY 2025
₹50.74 Cr
Exchange filings
Net profit · FY 2025
₹29.69 Cr
Exchange filings
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹19.97 Cr
Issued & subscribed
Open charges
None
Satisfied ₹32 Cr
Company age
32 yrs
Est. 1994
Last financials
Mar 2020
Balance sheet date

About Maxgrow India Limited

Data last updated: 18 December 2025

Maxgrow India Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 12 January 1994, the company has been in operation for over 32 years.

Registered with ROC Mumbai under CIN L51100MH1994PLC076018. Listed on BSE: 521167.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.97 Cr. Formerly known as Bullize Industries Limited and Maxgrow Resource Limited. It is led by directors including Laxman Medudula and Guda Rakesh.

Last AGM: 30 September 2020. Financial statements filed for year ended 31 March 2020. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2020, the company reported a revenue of ₹15.6 Lakh, a decline of 36% compared to the previous year.

As per MCA filings, the company has satisfied charges of ₹32 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxgrowindiacirp.com.

Company Details of Maxgrow India Limited
CIN L51100MH1994PLC076018
Registration Number 076018
Incorporation Date 12 January 1994
ROC Mumbai
Listing Status Listed (BSE: 521167)
Company Status Active
Date of Last AGM 30 September 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    Office No. 5 Floor – 5 Plot – 239, Hari Leela House Mint Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
Company report
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Financials, compliance, directors, charges, ownership and filings for Maxgrow India Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Maxgrow India Limited

Maxgrow India Limited has undergone 10 name changes throughout its history. The current legal name is Maxgrow India Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Maxgrow India Limited Current
Bullize Industries Limited Previous
Maxgrow Resource Limited Previous
Apeego Limited Previous
Apeego Private Limited Previous
Frontline Business Solutions Limited Previous
Inanna Fashion And Trends Limited Previous
Maxgrowindia Limited Previous
Amoda Industries Limited Previous
Wr Industries Limited Previous

CIN History of Maxgrow India Limited

Maxgrow India Limited has one previous CIN (Corporate Identification Number): L17200MH1994PLC076018. The current CIN is L51100MH1994PLC076018, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L51100MH1994PLC076018 Current
L17200MH1994PLC076018 Previous

Business Activity of Maxgrow India Limited

Maxgrow India Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading *********

Auditor Details of Maxgrow India Limited

Maxgrow India Limited is audited by R B Jain and Associates (ICAI peer reviewed, certificate valid till 2026-03-31) for the financial year 2025, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
R B Jain and Associates (ICAI peer reviewed, certificate valid till 2026-03-31) FY 2025 Declaration of unmodified opinion

Board of Directors of Maxgrow India Limited

Maxgrow India Limited is currently managed by 6 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Laxman Medudula Additional Director 19 Sep 2024 1 Years 9 Months Current
Guda Rakesh Additional Director 19 Sep 2024 1 Years 9 Months Current
Amarjit Kumar Shrivastav Additional Director 19 Sep 2024 1 Years 9 Months Current
Pooja Pravin Keer Additional Director 19 Sep 2024 1 Years 9 Months Current
Shivkumar Ramsagar Pasi Additional Director 23 Dec 2024 1 Years 6 Months Current

Financials of Maxgrow India Limited FY 2025 filings available

Maxgrow India Limited reported revenue of ₹2,757.72 Cr (up ) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2025
₹2,757.72 Cr
Profit · FY 2025
₹29.69 Cr
EBITDA · FY 2025
₹50.74 Cr
Revenue₹ Cr · Consolidated01,0002,0003,000FY 2025: ₹2,758 Cr2,758FY 2025
Net Profit₹ Cr · Consolidated0102030FY 2025: ₹30 Cr29.7FY 2025
Quarterly Revenue₹ Cr · vs same quarter last year02,5005,0007,500Q3'25: ₹0 Cr0Q3'25Q4'25: ₹2,758 Cr2,758Q4'25Q1'26: ₹3,550 Cr3,550Q1'26Q2'26: ₹5,305 Cr5,305Q2'26Q3'26: ₹6,106 Cr6,106Q3'26
Metrics FY 2025
Revenue from Operations ₹2,757.72 Cr
Other Income ₹0
Total Income ₹2,757.72 Cr
Cost of Materials Consumed ₹2,693.34 Cr
Purchases of Stock-in-Trade ₹0
Changes in Inventories ₹0
Employee Benefit Expense ₹12.18 Lakh
Finance Costs ₹2.31 Lakh
Depreciation & Amortisation ₹14.02 Lakh
Other Expenses ₹13.51 Cr
Total Expenses ₹2,707.14 Cr
Profit Before Exceptional Items & Tax ₹50.58 Cr
Exceptional Items -₹20.88 Cr
Profit Before Tax ₹29.69 Cr
Total Tax Expense ₹0
Net Profit ₹29.69 Cr
  attributable to Owners ₹0
  attributable to NCI ₹0
Other Comprehensive Income ₹6.08 Cr
Total Comprehensive Income ₹35.77 Cr
EBITDA (computed) ₹50.74 Cr
Basic EPS ₹8.96
Diluted EPS ₹8.96
Metrics FY 2025
Total Assets ₹2,158.25 Cr
Non-current Assets ₹53.16 Cr
Current Assets ₹2,105.09 Cr
Property, Plant & Equipment ₹5.44 Cr
Inventories ₹0
Trade Receivables ₹2,097.32 Cr
Cash & Equivalents ₹7.57 Cr
Equity (Net Worth) ₹1,463.93 Cr
Equity Share Capital ₹19.97 Cr
Borrowings (Non-current) ₹165.43 Cr
Borrowings (Current) ₹131.98 Cr
Total Debt (computed) ₹297.4 Cr
Current Liabilities ₹524.46 Cr
Total Liabilities ₹694.33 Cr
Metrics FY 2025
Operating Cash Flow ₹41.45 Cr
Investing Cash Flow ₹0
Financing Cash Flow -₹42.71 Cr
Capital Expenditure ₹0
Free Cash Flow (computed) ₹41.45 Cr
Dividends Paid ₹0
Net Change in Cash -₹1.01 Cr
Metrics Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25
Revenue from Operations ₹6,106.12 Cr ₹5,304.87 Cr ₹3,550.07 Cr ₹2,757.72 Cr ₹0
Other Income ₹0 ₹0 ₹91,000 ₹0 ₹0
Total Income ₹6,106.12 Cr ₹5,304.87 Cr ₹3,550.08 Cr ₹2,757.72 Cr ₹0
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹2,693.34 Cr ₹0
Purchases of Stock-in-Trade ₹5,961.53 Cr ₹5,188.27 Cr ₹3,470.57 Cr ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹9.85 Lakh ₹9.93 Lakh ₹9.4 Lakh ₹7.38 Lakh ₹4.81 Lakh
Finance Costs ₹2.33 Lakh ₹2.27 Lakh ₹1.4 Lakh ₹1.12 Lakh ₹1.19 Lakh
Depreciation & Amortisation ₹26.63 Lakh ₹27.84 Lakh ₹22.6 Lakh ₹14.02 Lakh ₹0
Other Expenses ₹32.72 Cr ₹21.66 Cr ₹10.46 Cr ₹13.62 Cr ₹9.22 Lakh
Total Expenses ₹5,994.64 Cr ₹5,210.34 Cr ₹3,481.36 Cr ₹2,707.19 Cr ₹15.22 Lakh
Profit Before Exceptional Items & Tax ₹111.48 Cr ₹94.53 Cr ₹68.71 Cr ₹50.53 Cr -₹15.22 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 -₹20.89 Cr
Profit Before Tax ₹111.48 Cr ₹94.53 Cr ₹68.71 Cr ₹50.53 Cr -₹21.04 Cr
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit ₹111.48 Cr ₹94.53 Cr ₹68.71 Cr ₹50.53 Cr -₹20.77 Cr
  attributable to Owners - ₹0 ₹68.71 Cr ₹0 ₹0
  attributable to NCI - ₹0 ₹0 ₹0 ₹0
Other Comprehensive Income ₹35.93 Cr ₹36.42 Cr ₹0 ₹6.08 Cr ₹5.49 Cr
Total Comprehensive Income ₹147.41 Cr ₹130.95 Cr ₹68.71 Cr ₹56.61 Cr -₹15.27 Cr
EBITDA (computed) ₹111.77 Cr ₹94.83 Cr ₹68.95 Cr ₹50.68 Cr -₹14.03 Lakh
Basic EPS ₹27.91 ₹32.78 ₹17.20 ₹9.72 ₹-4.22
Diluted EPS ₹27.91 ₹32.78 ₹17.20 ₹9.72 ₹-4.22
Latest 5 quarters shown.
Metrics FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹0 ₹0 ₹0 ₹0 ₹0 ₹15.2 Lakh ₹0
Other Income ₹0 ₹74,000 ₹84,000 ₹42,000 ₹18,000 ₹40,000 ₹24.34 Lakh
Total Income ₹0 ₹74,000 ₹84,000 ₹42,000 ₹18,000 ₹15.6 Lakh ₹24.34 Lakh
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹15.2 Lakh ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹12.18 Lakh ₹1.83 Lakh ₹0 ₹0 ₹0 ₹83,000 ₹22,200
Finance Costs ₹2.31 Lakh ₹0 ₹2,000 ₹20,000 ₹13,000 ₹22,000 ₹0
Depreciation & Amortisation ₹0 ₹0 ₹0 ₹0 ₹1.13 Lakh ₹1.28 Lakh ₹1.67 Lakh
Other Expenses ₹4.33 Cr ₹10.63 Lakh ₹9.95 Lakh ₹23.38 Lakh ₹8.61 Lakh ₹10.83 Lakh ₹20.84 Lakh
Total Expenses ₹4.48 Cr ₹12.46 Lakh ₹9.97 Lakh ₹23.58 Lakh ₹9.87 Lakh ₹28.36 Lakh ₹22.74 Lakh
Profit Before Exceptional Items & Tax -₹4.48 Cr -₹11.72 Lakh -₹9.13 Lakh -₹23.16 Lakh -₹9.69 Lakh -₹12.76 Lakh ₹1.6 Lakh
Exceptional Items -₹20.88 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹25.36 Cr -₹11.72 Lakh -₹9.13 Lakh -₹23.16 Lakh -₹9.69 Lakh -₹12.76 Lakh ₹1.6 Lakh
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹86,400
Net Profit -₹25.36 Cr -₹11.72 Lakh -₹9.13 Lakh -₹23.16 Lakh -₹9.69 Lakh -₹12.76 Lakh ₹73,500
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹25.36 Cr -₹11.72 Lakh -₹9.13 Lakh -₹23.16 Lakh -₹9.69 Lakh -₹12.76 Lakh ₹73,500
EBITDA (computed) -₹4.45 Cr -₹11.72 Lakh -₹9.11 Lakh -₹22.96 Lakh -₹8.43 Lakh -₹11.26 Lakh ₹3.27 Lakh
Basic EPS ₹-6.35 ₹-0.03 ₹-0.03 ₹-0.06 ₹-0.03 ₹-0.04 ₹0.00
Diluted EPS ₹-6.35 ₹-0.03 ₹-0.03 ₹-0.06 ₹-0.03 ₹-0.04 ₹0.00
Metrics FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹1,793.89 Cr ₹27.52 Cr ₹27.8 Cr ₹27.79 Cr ₹27.52 Cr ₹27.61 Cr ₹22.55 Cr
Non-current Assets ₹1,793.67 Cr ₹27.49 Cr ₹27.69 Cr ₹27.69 Cr ₹27.49 Cr ₹27.53 Cr ₹18.77 Cr
Current Assets ₹22.23 Lakh ₹2.53 Lakh ₹10.29 Lakh ₹9.87 Lakh ₹2.26 Lakh ₹7.73 Lakh ₹3.78 Cr
Property, Plant & Equipment ₹0 ₹0 ₹0 ₹0 ₹0 ₹2.59 Lakh ₹3.87 Lakh
Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Trade Receivables ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Cash & Equivalents ₹2.23 Lakh ₹2.33 Lakh ₹9.94 Lakh ₹9.64 Lakh ₹2.26 Lakh ₹3.56 Lakh ₹3.76 Cr
Equity (Net Worth) ₹1,787.3 Cr ₹23.1 Cr ₹23.22 Cr ₹23.31 Cr ₹23.54 Cr ₹23.64 Cr ₹11.76 Cr
Equity Share Capital ₹19.97 Cr ₹18.16 Cr ₹18.16 Cr ₹18.16 Cr ₹18.16 Cr ₹18.16 Cr ₹10.66 Cr
Borrowings (Non-current) ₹55.55 Lakh ₹55,000 ₹8.05 Lakh ₹8.05 Lakh ₹55,000 ₹0 ₹3.8 Cr
Borrowings (Current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹55.55 Lakh ₹55,000 ₹8.05 Lakh ₹8.05 Lakh ₹55,000 ₹0 ₹3.8 Cr
Current Liabilities ₹1.6 Cr ₹2 Cr ₹43.3 Lakh ₹25.1 Lakh ₹0 ₹0 ₹3.99 Cr
Total Liabilities ₹6.6 Cr ₹4.42 Cr ₹4.58 Cr ₹4.48 Cr ₹3.98 Cr ₹3.97 Cr ₹10.79 Cr
Metrics FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Operating Cash Flow -₹55.1 Lakh -₹8.36 Lakh -₹53,000 -₹55,000 -₹1.3 Lakh
Investing Cash Flow ₹0 ₹74,000 ₹84,000 ₹43,000 ₹0
Financing Cash Flow ₹55 Lakh ₹0 ₹0 ₹7.5 Lakh ₹0
Capital Expenditure ₹0 ₹0 ₹0 ₹0 ₹0
Free Cash Flow (computed) -₹55.1 Lakh -₹8.36 Lakh -₹53,000 -₹55,000 -₹1.3 Lakh
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹10,000 -₹7.62 Lakh ₹31,000 ₹7.38 Lakh -₹1.3 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Other Income ₹0 ₹0 ₹91,000 ₹0 ₹0 ₹0 ₹0
Total Income ₹0 ₹0 ₹91,000 ₹0 ₹0 ₹0 ₹0
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹9.85 Lakh ₹9.93 Lakh ₹9.4 Lakh ₹7.38 Lakh ₹4.81 Lakh ₹0 ₹0
Finance Costs ₹2.33 Lakh ₹2.27 Lakh ₹1.4 Lakh ₹1.12 Lakh ₹1.19 Lakh ₹0 ₹0
Depreciation & Amortisation ₹2,000 ₹1,000 ₹0 ₹0 ₹0 ₹0 ₹0
Other Expenses ₹8.15 Lakh ₹13.22 Lakh ₹35.63 Lakh ₹4.44 Cr ₹9.22 Lakh ₹5.99 Lakh ₹1.27 Lakh
Total Expenses ₹20.35 Lakh ₹25.43 Lakh ₹46.43 Lakh ₹4.52 Cr ₹15.22 Lakh ₹5.99 Lakh ₹1.27 Lakh
Profit Before Exceptional Items & Tax -₹20.35 Lakh -₹25.43 Lakh -₹45.52 Lakh -₹4.52 Cr -₹15.22 Lakh -₹5.99 Lakh -₹1.27 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 -₹20.89 Cr ₹0 ₹0
Profit Before Tax -₹20.35 Lakh -₹25.43 Lakh -₹45.52 Lakh -₹4.52 Cr -₹21.04 Cr -₹5.99 Lakh -₹1.27 Lakh
Total Tax Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Net Profit -₹20.35 Lakh -₹25.43 Lakh -₹45.52 Lakh -₹4.52 Cr -₹20.77 Cr -₹5.99 Lakh -₹1.27 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹20.35 Lakh -₹25.43 Lakh -₹45.52 Lakh -₹4.52 Cr -₹20.77 Cr -₹5.99 Lakh -₹1.27 Lakh
EBITDA (computed) -₹18 Lakh -₹23.15 Lakh -₹44.12 Lakh -₹4.51 Cr -₹14.03 Lakh -₹5.99 Lakh -₹1.27 Lakh
Basic EPS ₹-0.05 ₹-0.06 ₹-0.11 ₹-1.13 ₹-5.71 ₹-0.02 ₹-0.01
Diluted EPS ₹-0.05 ₹-0.06 ₹-0.11 ₹-1.13 ₹-5.71 ₹-0.02 ₹-0.01
Latest 7 quarters shown.
Segment · FY 2020 (annual) Revenue Result (PBIT) Assets Liabilities
Total Revenue Income ₹15.6 Lakh ₹15.6 Lakh - -
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Shareholding Pattern of Maxgrow India Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 92.82%, retail and other public shareholders hold 7.18% of Maxgrow India Limited. The company had 2,747 shareholders on record.

Promoters: 92.82%Retail & Others: 7.18%
Mar 2026
QUARTER
92.82% Promoters
7.18% Retail & Others
Promoter holding - history
Now 92.82% · Mar 2026High 92.82% · Dec 2024Low 16.22% · Jun 2023
15%34.8%54.5%74.3%94%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 16.22%Sep 2023: 16.22%Dec 2023: 16.22%Mar 2024: 16.22%Jun 2024: 16.22%Sep 2024: 16.22%Dec 2024: 92.82%Mar 2025: 92.82%Jun 2025: 92.82%Sep 2025: 92.82%Dec 2025: 92.82%Mar 2026: 92.82%92.82%16.22%92.82%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters92.82%92.82%92.82%92.82%92.82%92.82%
Public7.18%7.18%7.18%7.18%7.18%7.18%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters92.82%92.82%16.22%
Public7.18%7.18%83.78%
Promoter change (YoY, %pts)+0.00+76.60-

Charges & Borrowings of Maxgrow India Limited

Open charges
₹0
Satisfied charges
₹32 Cr
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
DateLenderAmountStatus
08 Jul 1996 State Bank of India ₹17.7 Cr Satisfied
01 Apr 1995 The Bank of Scotia ₹1 Cr Satisfied
27 Oct 1994 Export Import Bank of India ₹1.2 Cr Satisfied
27 May 1994 State Bank of India ₹8.9 Cr Satisfied
25 Mar 1994 The Bank of Scotia ₹3.2 Cr Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Maxgrow India Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Maxgrow India Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Maxgrow India Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Maxgrow India Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Maxgrow India Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Maxgrow India Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Maxgrow India Limited

MSME Payment Delays by Maxgrow India Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Maxgrow India Limited

Subsidiaries & Group Companies of Maxgrow India Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Maxgrow India Limited

MCA Filings & Documents of Maxgrow India Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Maxgrow India Limited

Directors
03 Jan 2025
Avinash Bhau Godse was appointed as a Company Secretary on 03 Jan 2025 & has been associated with this company since 1 year 6 months.
Directors
23 Dec 2024
Shivkumar Ramsagar Pasi was appointed as a Additional Director on 23 Dec 2024 & has been associated with this company since 1 year 6 months.
Directors
19 Sep 2024
Laxman Medudula was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 1 year 9 months.
Directors
19 Sep 2024
Guda Rakesh was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 1 year 9 months.
Directors
19 Sep 2024
Amarjit Kumar Shrivastav was appointed as a Additional Director on 19 Sep 2024 & has been associated with this company since 1 year 9 months.
Activity
30 Sep 2020
Maxgrow India Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.

Frequently Asked Questions about Maxgrow India Limited

Maxgrow India Limited is an active public limited company in the business outsourcing sector based in Mumbai, Maharashtra, India. It was incorporated on 12 January 1994 (32+ years old) and is registered under CIN L51100MH1994PLC076018. Listed on BSE: 521167.

Maxgrow India Limited reported revenue of ₹15.6 Lakh for FY 2020 (down 36.00% YoY).

The current directors of Maxgrow India Limited are:

The primary industry of Maxgrow India Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.

Yes. Maxgrow India Limited is listed on BSE with code 521167.

Maxgrow India Limited can be reached at the registered office: Office No. 5 Floor – 5 Plot – 239, Hari Leela House Mint Road Fort, Mumbai, Maharashtra, India – 400001, or through the website maxgrowindiacirp.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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