Maxgrow Securites Private Limited
About Maxgrow Securites Private Limited
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Maxgrow Securites Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the consultancy services segment of the financial services sector. It was incorporated on 15 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1996PTC097342.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.64 Lakh. It is led by directors Kush Sahadeo Singh and Deepak Arora Chamanlal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No.09 Archana Jyoti Chs Plot No.18 Sector – 17, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.17 Lakh (net margin 15.1%) and EBITDA of ₹25.87 Lakh (EBITDA margin 63.4%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 57% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maxgrow Securites Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.09 Archana Jyoti Chs Plot No.18 Sector – 17, Navi Mumbai, Maharashtra, India – 400703
- IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
To see the full contact details of Maxgrow Securites Private Limited, 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
Business activity
The main business activity of Maxgrow Securites is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Maxgrow Securites Private Limited, buy the company report.
Financials of Maxgrow Securites Private Limited
FY 2024 filings availableMaxgrow Securites Private Limited reported revenue of ₹40.8 Lakh (up 165% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 165% growth in the latest year. EBITDA rose 373% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹25.87 Lakh | ||||
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| Net Profit (PAT) | ₹6.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 63.4% | ||||
| Net Profit Margin | 15.1% | ||||
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To see the full financial statements and ratios of Maxgrow Securites Private Limited, buy the company report.
Board of directors of Maxgrow Securites Private Limited
Maxgrow Securites has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kush Sahadeo Singh | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Deepak Arora Chamanlal Also directs: Tilak Infra LLP, High-Rise Chemical Industries Private Limited, Maxgrow Infraprojects Private Limited and 3 more | Director | 15 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Maxgrow Securites Private Limited is audited by RAMESH D KATHRIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH D KATHRIA | FY 2023 | 034111 |
Shareholding
The shareholding of Maxgrow Securites 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 Maxgrow Securites Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maxgrow Securites 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 Maxgrow Securites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Maxgrow Securites Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maxgrow Securites Private Limited has 15 board changes on record since 2010: 2 appointments and 13 cessations. The latest: Deepak Arora Chamanlal was appointed as Director on 15 Mar 2025.
6 earlier events are in the company report.
Frequently asked questions
Maxgrow Securites is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in consultancy, within the financial services industry. It was incorporated on 15 February 1996 (30+ years old) and is registered under CIN U67120MH1996PTC097342.
Maxgrow Securites has 2 current directors:
- Kush Sahadeo Singh - Director
- Deepak Arora Chamanlal - Director
The latest financial statements of Maxgrow Securites on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Maxgrow Securites is U67120MH1996PTC097342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxgrow Securites was incorporated on 15 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Arora Chamanlal was appointed as Director on 15 Mar 2025. Kush Sahadeo Singh ceased to be Additional Director on 29 Sep 2024. Deepak Arora Chamanlal ceased to be Director on 26 Mar 2019. Maxgrow Securites has 15 board changes on record in total.
The registered office of Maxgrow Securites is at Office No.09 Archana Jyoti Chs Plot No.18 Sector – 17, Navi Mumbai, Maharashtra, India – 400703.
Maxgrow Securites operates in the financial services industry, in the consultancy segment.
The compliance status of Maxgrow Securites is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
Maxgrow Securites can be reached at its registered office: Office No.09 Archana Jyoti Chs Plot No.18 Sector – 17, Navi Mumbai, Maharashtra, India – 400703.