About Maxgrow Textile Private Limited
Data last updated:
Maxgrow Textile Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Maxgrow Industries Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 11 June 2015.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U17291WB2015PTC206700.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Maxgrow Saw Private Limited and Maxgrowindia Private Limited. It was led by directors Manoj Dhaneshbhai Thakar and Ashokkumar Jivatram Dansingani.
Its last annual general meeting (AGM) was held on 20 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Natural Height Complex 1C Bldg No.5 Phase – I Vip Road Haldiram Airport, Kolkata, West Bengal, India – 700052.
As per the financials filed for FY 2018, the company reported a revenue of ₹23.15 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 0.1%) and EBITDA of ₹1.92 Lakh (EBITDA margin 0.1%).
The last known website on record is maxgrow.in.
Name History of Maxgrow Textile Private Limited
Maxgrow Textile has undergone 2 name changes throughout its history. The company was previously known as Maxgrow Saw Private Limited, and Maxgrowindia Private Limited. The current legal name is Maxgrow Textile Private Limited.
| Company Name | Status |
|---|---|
| Maxgrow Textile Private Limited | Current |
| Maxgrow Saw Private Limited | Previous |
| Maxgrowindia Private Limited | Previous |
CIN History of Maxgrow Textile Private Limited
Maxgrow Textile has one previous CIN (Corporate Identification Number): U20296WB2015PTC206700. The current CIN is U17291WB2015PTC206700, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17291WB2015PTC206700 | Current |
| U20296WB2015PTC206700 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNatural Height Complex 1C Bldg No.5 Phase – I Vip Road Haldiram Airport, Kolkata, West Bengal, India – 700052
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Maxgrow Textile Private Limited
The main business activity of Maxgrow Textile is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maxgrow Textile Private Limited FY 2018 filings available
Maxgrow Textile Private Limited reported revenue of ₹23.15 Cr (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Maxgrow Textile Private Limited
Revenue fell 58% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Maxgrow Textile Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹23.15 Cr | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹1.92 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.41 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Maxgrow Textile Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.1% | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maxgrow Textile are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Maxgrow Textile Private Limited
Maxgrow Textile has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Dhaneshbhai Thakar | Additional Director | 15 Mar 2019 | 7 Years 7 Months | As last reported |
| Ashokkumar Jivatram Dansingani Also directs: Millinique Trades LLP, Matra Realty Limited, Krishaa Biotech Private Limited and 1 more | Additional Director | 15 Mar 2019 | 7 Years 7 Months | As last reported |
Peer Comparison of Maxgrow Textile Private Limited
Maxgrow Textile Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kamadgiri Vastralaya Private Limited | ₹23.23 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Lucknow, Uttar Pradesh, India |
| Titu and Mahendra Tex Private Limited | ₹23.23 Cr (FY 2021) | •••• | •••• | -58.0% | •••• | Surat, Gujarat, India |
| Triniity Colour India Private Limited | ₹23.22 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Tamil Nadu, India |
| Avise Business Solutions Private Limited | ₹23.22 Cr (FY 2024) | •••• | •••• | 518.0% | •••• | North 24 Parganas, West Bengal, India |
| Lalwani Traders Private Limited | ₹23.21 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Maxgrow Textile Private Limited this company | ₹23.15 Cr (FY 2018) | •••• | •••• | -58.0% | •••• | Kolkata, West Bengal, India |
| Sunray Cotspin Private Limited | ₹23.12 Cr (FY 2025) | •••• | •••• | 3391.0% | •••• | Sirsa, Haryana, India |
| Prakash Polyflex Private Limited | ₹23.07 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Gulnar Dresses Private Limited | ₹23.04 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Viren Silk Mills Private Limited | ₹23 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Surat, Gujarat, India |
| Shree Wahe Guru Fashions Private Limited | ₹22.97 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Maxgrow Textile by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maxgrow Textile Private Limited
Maxgrow Textile Private Limited is audited by B N KEDIA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B N KEDIA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Maxgrow Textile Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maxgrow Textile Private Limited
Maxgrow Textile Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maxgrow Textile Private Limited
Employment history and EPFO contributions of people linked to Maxgrow Textile.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maxgrow Textile Private Limited
Maxgrow Textile Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Ashokkumar Jivatram Dansingani was appointed as Additional Director on 15 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Maxgrow Textile Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maxgrow Textile Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maxgrow Textile Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maxgrow Textile Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maxgrow Textile Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maxgrow Textile Private Limited
Maxgrow Textile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Maxgrow Textile was a private limited company based in Kolkata, West Bengal, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 11 June 2015 and is registered under CIN U17291WB2015PTC206700. The company has been struck off by the Registrar of Companies and is no longer operational.
Maxgrow Textile had 2 directors:
- Manoj Dhaneshbhai Thakar - Additional Director
- Ashokkumar Jivatram Dansingani - Additional Director
The CIN (Corporate Identification Number) of Maxgrow Textile is U17291WB2015PTC206700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Maxgrow Textile is at Natural Height Complex 1C Bldg No.5 Phase – I Vip Road Haldiram Airport, Kolkata, West Bengal, India – 700052.
Maxgrow Textile was incorporated on 11 June 2015. It is registered with the Registrar of Companies, Kolkata.
Maxgrow Textile can be reached through the website maxgrow.in. Its registered office is in Kolkata, West Bengal, India.
Maxgrow Textile reported revenue of ₹23.15 Cr for FY 2018 (down 58% YoY).
Maxgrow Textile has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.
Maxgrow Textile reported a net profit of ₹1.41 Lakh (net margin 0.1%) and EBITDA of ₹1.92 Lakh (EBITDA margin 0.1%) for FY 2018, as per its filed financial statements.
Maxgrow Textile operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.