Maximum Financial Advisory Private Limited
About Maximum Financial Advisory Private Limited
Data last updated:
Maximum Financial Advisory Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 25 March 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65990WB2009PTC134212.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.74 Lakh. It was led by directors Ramesh Kumar Sharma and Sanjay Agarwal Kumar.
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 was at 7/1B Grant Lane, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2023, the company reported a revenue of ₹38.14 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Lakh (net margin 3.9%) and EBITDA of ₹2.05 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
Company details
Contact details
Maximum Financial Advisory Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7/1B Grant Lane, Kolkata, West Bengal, India – 700012
- IndustryTrading, Retailers, Retail Trading, Other Wholesale, Wholesale
To see the full contact details of Maximum Financial Advisory 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 Maximum Financial Advisory is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maximum Financial Advisory Private Limited, buy the company report.
Financials of Maximum Financial Advisory Private Limited
FY 2024 filings availableMaximum Financial Advisory Private Limited reported revenue of ₹38.14 Lakh (up 45% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 124% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Maximum Financial Advisory Private Limited, buy the company report.
Board of directors of Maximum Financial Advisory Private Limited
Maximum Financial Advisory has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kumar Sharma Also directs: Anugrah Vyapaar Private Limited, Forthcoming Developers Private Limited, Allwine Tradelinks Private Limited and 1 more | Director | 03 Dec 2014 | 11 Years 10 Months | As last reported |
| Sanjay Agarwal Kumar | Director | 19 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Maximum Financial Advisory Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cherubic Laboratories Private Limited | ₹38.15 Lakh (FY 2024) | 37.0% | Cuttack, Odisha, India | |||
| Apurva Barter Pvt Ltd | ₹38.15 Lakh (FY 2024) | -88.0% | Kolkata, West Bengal, India | |||
| Hello Art and Design Private Limited | ₹38.14 Lakh (FY 2025) | 353.0% | Mumbai, Maharashtra, India | |||
| S. B. Marine Products Limited | ₹38.14 Lakh (FY 2025) | 5.0% | Guwahati, Assam, India | |||
| Ario Pharma Private Limited | ₹38.14 Lakh (FY 2025) | 11.0% | Kalyan, Maharashtra, India | |||
| Maximum Financial Advisory Private Limitedthis company | ₹38.14 Lakh (FY 2023) | ₹1.51 Lakh | 3.9% | 45.0% | Kolkata, West Bengal, India | |
| Sudeco (India) Private Limited | ₹38.14 Lakh (FY 2024) | -62.0% | Mumbai, Maharashtra, India | |||
| U-Turn International Private Limited | ₹38.14 Lakh (FY 2022) | -92.0% | Rajkot, Gujarat, India | |||
| NMG Management Private Limited | ₹38.14 Lakh (FY 2024) | 7.0% | Bhubaneswar, Odisha, India | |||
| Essilor Remedies Private Limited | ₹38.13 Lakh (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Anukriti Agroscience Private Limited | ₹38.12 Lakh (FY 2025) | 43.0% | Haldwani, Uttarakhand, India |
To see the full peer comparison of Maximum Financial Advisory Private Limited, buy the company report.
Auditor
Maximum Financial Advisory Private Limited is audited by SUSHIL SHARMA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL SHARMA & CO | FY 2017 | 050594 |
Shareholding
The shareholding of Maximum Financial Advisory Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maximum Financial Advisory Private Limited, buy the company report.
Legal cases
Maximum Financial Advisory Private Limited has 5 court cases on record: 2 filed by Maximum Financial Advisory, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
| NCLAT | 2 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against Jyoti Tar Products Private Limited and 2 others | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Goldstar Enclave Private Limited and 5 others | Disposed |
| Calcutta High Court | Court case (CRR) | Filed against the company by Jyoti Tara Products Private Limited and Others | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Disposed |
To see the full case history of Maximum Financial Advisory Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maximum Financial Advisory 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 Maximum Financial Advisory Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maximum Financial Advisory Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Dinesh Khaitan ceased to be Director on 22 Mar 2019.
Frequently asked questions
Maximum Financial Advisory has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Maximum Financial Advisory was a private limited company based in Kolkata, West Bengal, India. The company worked in retailers, within the trading industry. It was incorporated on 25 March 2009 and is registered under CIN U65990WB2009PTC134212. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Maximum Financial Advisory was incorporated on 25 March 2009. It is registered with the Registrar of Companies, Kolkata.
Maximum Financial Advisory had 2 directors:
- Ramesh Kumar Sharma - Director
- Sanjay Agarwal Kumar - Director
The CIN (Corporate Identification Number) of Maximum Financial Advisory is U65990WB2009PTC134212. 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 Maximum Financial Advisory is at 71B Grant Lane, Kolkata, West Bengal, India – 700012.
The latest financial statements of Maximum Financial Advisory 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.
Maximum Financial Advisory operated in the trading industry, in the retailers segment.
The peers of Maximum Financial Advisory by revenue are Cherubic Laboratories Private Limited, Apurva Barter Pvt Ltd, Hello Art and Design Private Limited, S. B. Marine Products Limited, Ario Pharma Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Maximum Financial Advisory has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Dinesh Khaitan ceased to be Director on 22 Mar 2019. Sanjay Agarwal Kumar was appointed as Director on 19 Mar 2019. Sanjay Agarwal Kumar ceased to be Director on 05 Jan 2019. Maximum Financial Advisory has 8 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
