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Maxgrow Industries Limited - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 2013.

2013 | Mumbai, Maharashtra, India | Active
Last Updated:

About Maxgrow Industries Limited

Maxgrow Industries Limited, a active public limited company, was established on 21 March 2013 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the chemicals and materials sector, it holds CIN: U27310MH2013PLC241232. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.50 Cr.

Formerly known as South Asian Oleo-Chemicals Private Limited, Maxgrow Industries Private Limited. It upholds a active non-compliant status. Its leadership includes Kenny Kanikaraj Devassa (Additional Director), Bakulesh Anantrai Parekh (Additional Director), Rajendra Mansukhlal Shah (Additional Director). Past directors included Rajendra Prasad Saraf, Kenny Kanikaraj Devassa, Bikash Saraf. It holds ₹50.00 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 103, Hubtown Solaris, N S Phadke Marg,Andheri East, Mumbai, Maharashtra, 400069.

Company Details

  • CIN/LLPIN

    U27310MH2013PLC241232

  • Registration Number

    241232

  • Incorporation Date

    21 March 2013

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 12 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 50.00 Cr
  • Revenue Growth -93.96%
  • Profit Growth -575.28%
  • Ebitda -172.04%
  • Net Worth 177.15%
  • Total Assets 87.19%
Company report

Maxgrow Industries Limited

Company Report FY 2025-2026

Explore comprehensive insights into Maxgrow Industries 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 Industries Limited?

Current Directors

NameDesignationAppointment DateStatus
Kenny Kanikaraj DevassaAdditional Director28 Mar 2019Current
Bakulesh Anantrai ParekhAdditional Director04 Mar 2016Current
Rajendra Mansukhlal ShahAdditional Director26 Feb 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector26 Feb 2018Past
Pramod AbcsddAdditional Director16 Dec 2019Past
Pramod AbcsddDirector28 Mar 2013Past
Pramod AbcsddDirector28 Mar 2019Past
Pramod AbcsddAdditional Director26 Feb 2018Past
Pramod AbcsddDirector04 Mar 2016Past

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Financial Performance of Maxgrow Industries.

Maxgrow Industries Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 93.96% decrease. The company also saw a substantial fall in profitability, with a 575.28% decrease in profit. The company's net worth Soared by an impressive increase of 177.15%.

Maxgrow Industries revenue growth over time
Maxgrow Industries profit and loss trends over time
  • 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
-93.96%
Revenue from Operations
Total Assets
87.19%
Profit or Loss
-575.28%
Net Worth
177.15%
EBITDA
-172.04%

What is the Ownership and Shareholding Structure of Maxgrow Industries?

In 2018, Maxgrow Industries had a promoter holding of 14.80% and a public holding of 85.20%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹500,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2017Others₹50.00 CrOpen

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How Many Employees Work at Maxgrow Industries?

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

Employee growth trends for Maxgrow Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maxgrow Industries, 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 Industries's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

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Latest Updates, News, and FAQs on Maxgrow Industries

Recent Activity within the Organization

  • Director Appointment

    Kenny Kanikaraj Devassa was appointed as a Additional Director was appointed as a Additional Director on 28 Mar 2019 & has been associated with this company since 6 years 8 months . was recorded as a recent event.

  • Annual General Meeting

    Progress on Maxgrow Industries Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Maxgrow Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Rajendra Mansukhlal Shah was appointed as a Additional Director was appointed as a Additional Director on 26 Feb 2018 & has been associated with this company since 7 years 9 months . was completed.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100177869 was registered on 24 Nov 2017. was recorded as a recent event.

  • Director Appointment

    Bakulesh Anantrai Parekh was appointed as a Additional Director was appointed as a Additional Director on 04 Mar 2016 & has been associated with this company since 9 years 8 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Maxgrow Industries Limited?

    The CIN of Maxgrow Industries Limited is U27310MH2013PLC241232.

  • Where is Maxgrow Industries Limited headquartered?

    Maxgrow Industries Limited is headquartered at 103, Hubtown Solaris, N S Phadke Marg,Andheri East, Mumbai, Maharashtra, 400069.

  • When was Maxgrow Industries Limited incorporated?

    Maxgrow Industries Limited was incorporated on 21 March 2013.

  • Who are the current directors of Maxgrow Industries Limited?

    The current directors of Maxgrow Industries Limited are

  • What is the primary industry of Maxgrow Industries Limited?

    The primary industry of Maxgrow Industries Limited is Chemicals And Materials.

  • Is Maxgrow Industries Limited a listed company?

    Maxgrow Industries Limited is unlisted.

  • What is the capital structure of Maxgrow Industries Limited?

    The authorized capital of Maxgrow Industries Limited is ₹2.50 Cr, and the paid-up capital is ₹2.50 Cr.

  • What is the compliance status of Maxgrow Industries Limited?

    The compliance status of Maxgrow Industries Limited is Active Non-Compliant.

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