- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0038471

About Maxolin Developers Private Limited
Data last updated:
Maxolin Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2013PTC068741. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Suumaiya Ahmed and Tobaco Mohammed Musavvir.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.25 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹22.19 Lakh (net margin 17.7%) and EBITDA of ₹37.31 Lakh (EBITDA margin 29.7%).
As per MCA filings, the company has open charges of ₹32.3 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Maxolin Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0038471). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website maxolindevelopers.com.
Company details
Recognitions & Rankings of Maxolin Developers
Contact details
Maxolin Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is maxolindevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.599 12th Cross 8th Main 2nd Phase J.P.Naga, R, Bangalore, Karnataka, India – 560078
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Maxolin Developers 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 Maxolin Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Maxolin Developers Private Limited, buy the company report.
Financials of Maxolin Developers Private Limited
FY 2015 filings availableMaxolin Developers Private Limited reported revenue of ₹1.25 Cr (up 94% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 94% in the latest year. EBITDA rose 192% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.25 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹37.31 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹22.19 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 29.7% | |
| Net Profit Margin | 17.7% | |
| 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 Maxolin Developers Private Limited, buy the company report.
Board of directors of Maxolin Developers Private Limited
Maxolin Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suumaiya Ahmed Also directs: Jareum Developers Private Limited, Mcdealz Private Limited | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Tobaco Mohammed Musavvir Also directs: Mcdealz Private Limited, Igate Ventures LLP, Alliance Igate Private Limited and 3 more | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Maxolin Developers Private Limited is audited by MOHANADASA for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANADASA | FY 2016 |
Shareholding
The shareholding of Maxolin Developers Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maxolin Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2017 | 100096716 | Others | ₹13.8 Lakh | Open | |
| 04 Mar 2017 | 100083349 | Others | ₹18.5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Maxolin Developers Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of Maxolin Developers 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 Maxolin Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxolin Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maxolin Developers Private Limited, buy the company report.
Recent activity
Maxolin Developers Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Mujeeb Ahmed Sharieff ceased to be Managing Director on 12 May 2016.
Frequently asked questions
Maxolin Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 2013 (13+ years old) and is registered under CIN U70102KA2013PTC068741.
Maxolin Developers has 2 current directors:
- Suumaiya Ahmed - Director
- Tobaco Mohammed Musavvir - Director
The latest financial statements of Maxolin Developers on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Maxolin Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maxolin Developers is U70102KA2013PTC068741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxolin Developers has 1 court case on record: 1 filed against it.
Maxolin Developers was incorporated on 25 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Mujeeb Ahmed Sharieff ceased to be Managing Director on 12 May 2016. Sameena Ahmed Sharief ceased to be Director on 12 May 2016. Mujeeb Ahmed Sharieff was appointed as Managing Director on 25 Apr 2013. Maxolin Developers has 6 board changes on record in total.
Yes, Maxolin Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0038471).
Maxolin Developers can be reached through the website maxolindevelopers.com. Its registered office is in Bangalore, Karnataka, India.

