MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0090813
Maxmunus Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.48 Lakh
▼ 32% YoY
Net profit · FY 2024
₹82,404
Net margin 6.1%
EBITDA · FY 2024
₹1.37 Lakh
EBITDA margin 10.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
3
Provident fund records
Directors on board
2
As per MCA filings
About Maxmunus Solutions Private Limited
Data last updated:
Maxmunus Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC067726. Its GSTIN is 33AAICM4248F1ZL (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akash Kumar Asthana and Suryadeo Kant.
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 No.9 Khatha No.47/9 Jai Plaza Symphony 9th Main Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.48 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹82,404 (net margin 6.1%) and EBITDA of ₹1.37 Lakh (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 33% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MaxMunus.
Maxmunus Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0090813). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxmunus.com.
Company Details of Maxmunus Solutions Private Limited
CIN U72200KA2013PTC067726
Registration Number 067726
Incorporation Date 04 February 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0090813
Recognitions & Rankings of Maxmunus Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.9 Khatha No.47/9 Jai Plaza Symphony 9th Main Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Maxmunus Solutions Private Limited - one report that includes everything
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Associated Brands with Maxmunus Solutions Private Limited
Maxmunus Solutions operates one associated brand: MaxMunus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers online IT training, corporate services, and job support worldwide. | maxmunus.com |
Business Activity of Maxmunus Solutions Private Limited
The main business activity of Maxmunus Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Maxmunus Solutions Private Limited FY 2024 filings available
Maxmunus Solutions Private Limited reported revenue of ₹13.48 Lakh (down 32% YoY) for FY 2024.
Revenue · FY 2024
₹13.48 Lakh ▼ 32%
Net profit · FY 2024
₹82,404 margin 6.1%
EBITDA · FY 2024
₹1.37 Lakh margin 10.2%
Compounded Annual Growth Rate (CAGR) of Maxmunus Solutions Private Limited
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 38%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 28%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 32% fall in the latest year. EBITDA fell 26% 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 of Maxmunus Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82,404 | •••• | •••• | •••• | •••• |
| 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 Maxmunus Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 Maxmunus Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Maxmunus Solutions Private Limited
Maxmunus Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Kumar Asthana Also directs: Maxmunus Global Private Limited | Director | 04 Feb 2013 | 13 Years 8 Months | Current |
| Suryadeo Kant Also directs: Maxmunus Global Private Limited | Director | 04 Feb 2013 | 13 Years 8 Months | Current |
Peer Comparison of Maxmunus Solutions Private Limited
Maxmunus Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digiad Solution Private Limited | ₹13.5 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Kolkata, West Bengal, India |
| Cloud199 Services Private Limited | ₹13.49 Lakh (FY 2025) | •••• | •••• | 52.0% | •••• | Hyderabad, Telangana, India |
| Wab IT Softsolution Private Limited | ₹13.49 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Thalner, Maharashtra, India |
| Webappvirtuous Studio (OPC) Private Limited | ₹13.49 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Tirupattur, Tamil Nadu, India |
| Troncart Solutions Private Limited | ₹13.49 Lakh (FY 2023) | •••• | •••• | -49.0% | •••• | Thiruvananthapuram, Kerala, India |
| Maxmunus Solutions Private Limited this company | ₹13.48 Lakh (FY 2024) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Aibharata Emerging Technologies Private Limited | ₹13.47 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Sanduru, Karnataka, India |
| Aspire Ads Private Limited | ₹13.47 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Devorks Solutions Private Limited | ₹13.46 Lakh (FY 2024) | •••• | •••• | 35.0% | •••• | Hyderabad, Telangana, India |
| Macmirus Soft Tech Private Limited | ₹13.46 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Cloud8in Technologies Private Limited | ₹13.45 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Jamnagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Maxmunus Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Maxmunus Solutions Private Limited
Maxmunus Solutions Private Limited is audited by Nagendra Reddy & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nagendra Reddy & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Maxmunus Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Maxmunus Solutions Private Limited
Maxmunus Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maxmunus Solutions Private Limited
Maxmunus Solutions Private Limited has a workforce of 3 employees as of Apr 07, 2024.
Employee count
3
Active EPFO establishments
1
Employee growth
-57.14%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Maxmunus Solutions Private Limited
Maxmunus Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Abdur Rahman Khan ceased to be Director on 14 Sep 2020.
AGM
Maxmunus Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maxmunus Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Abdur Rahman Khan ceased to be Director.
Appointed
Akash Kumar Asthana was appointed as Director.
Appointed
Suryadeo Kant was appointed as Director.
Incorporation
04 Feb 2013
Maxmunus Solutions Private Limited was registered on 04 Feb 2013 with Roc Bangalore & aged 13 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Maxmunus Solutions Private Limited
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MSME Payment Delays by Maxmunus Solutions Private Limited
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Subsidiaries & Group Companies of Maxmunus Solutions Private Limited
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GST Compliance of Maxmunus Solutions Private Limited
Maxmunus Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICM4248F1ZL | Tamil Nadu | Active | 04 Apr 2024 |
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MCA Filings & Documents of Maxmunus Solutions Private Limited
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Frequently Asked Questions about Maxmunus Solutions Private Limited
Maxmunus Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 February 2013 (13+ years old) and is registered under CIN U72200KA2013PTC067726.
Maxmunus Solutions reported revenue of ₹13.48 Lakh for FY 2024 (down 32% YoY).
Maxmunus Solutions has 2 current directors:
- Akash Kumar Asthana - Director
- Suryadeo Kant - Director
Maxmunus Solutions reported a net profit of ₹82,404 (net margin 6.1%) and EBITDA of ₹1.37 Lakh (EBITDA margin 10.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxmunus Solutions is -38% over three years and -33% over five years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxmunus Solutions is 33AAICM4248F1ZL, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Maxmunus Solutions is U72200KA2013PTC067726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxmunus Solutions was incorporated on 04 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maxmunus Solutions by revenue are Digiad Solution Private Limited, Cloud199 Services Private Limited, Wab IT Softsolution Private Limited, Webappvirtuous Studio (OPC) Private Limited, Troncart Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Abdur Rahman Khan ceased to be Director on 14 Sep 2020. Akash Kumar Asthana was appointed as Director on 04 Feb 2013. Suryadeo Kant was appointed as Director on 04 Feb 2013.
Yes, Maxmunus Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0090813).