About Maxrad Software India Private Limited
Data last updated:
Maxrad Software India 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 25 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC035095. Its GSTIN is 29AAECM1641G1ZL (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Gopalakrishnan Rajeev (Managing Director) and Sindhu Rajeev.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 17 B Main 34th Cross No 1542 Varada 1st Stage 5th Block Hbr Layout, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.23 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹48.91 Lakh (net margin 11.6%) and EBITDA of ₹80.11 Lakh (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 16% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxsoft. As per MCA filings, the company has open charges of ₹1.15 Cr and satisfied charges of ₹45 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹41 Lakh; the latest was in February 2009. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Bees Software Solutions Private Limited with revenue of ₹4.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxsoft-india.com.
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- Registered AddressNo 17 B Main 34th Cross No 1542 Varada 1st Stage 5th Block Hbr Layout, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Maxrad Software India Private Limited
The main business activity of Maxrad Software India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Maxrad Software India Private Limited FY 2024 filings available
Maxrad Software India Private Limited reported revenue of ₹4.23 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maxrad Software India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 26% growth in the latest year. EBITDA rose 108% 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 Maxrad Software India 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹80.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.91 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Maxrad Software India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 Maxrad Software India are in the company report.
Financial statements from 2015
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.
Peer Comparison of Maxrad Software India Private Limited
Maxrad Software India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bees Software Solutions Private Limited | ₹4.25 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Kakinada, Andhra Pradesh, India |
| Iamops India Private Limited | ₹4.25 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Delhi, India |
| Atem Software Solutions Private Limited | ₹4.25 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Socash India Private Limited | ₹4.24 Cr (FY 2023) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Jamesblake IT Solutions Private Limited | ₹4.24 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Maxrad Software India Private Limited this company | ₹4.23 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Enkidu Technologies Private Limited | ₹4.23 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Noida, Uttar Pradesh, India |
| Minerva Systems & Solutions Private Limited | ₹4.22 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Chennai, Tamil Nadu, India |
| Xpress Computers Limited | ₹4.22 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Mumbai, Maharashtra, India |
| Technoville Consultants Private Limited | ₹4.21 Cr (FY 2025) | •••• | •••• | 150.0% | •••• | Ahmedabad, Gujarat, India |
| Deccan Infosystems Private Limited | ₹4.21 Cr (FY 2015) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Maxrad Software India by revenue in the Information Technology industry (IT Consulting and Services), 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 Maxrad Software India Private Limited
Maxrad Software India Private Limited is audited by AVINASH C for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AVINASH C | 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.
Board of Directors of Maxrad Software India Private Limited
Maxrad Software India 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 |
|---|---|---|---|---|
| Sindhu Rajeev | Director | 25 Nov 2004 | 21 Years 10 Months | Current |
| Gopalakrishnan Rajeev | Managing Director | 25 Nov 2004 | 21 Years 10 Months | Current |
Ownership and Shareholding of Maxrad Software India 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 Maxrad Software India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Hdfc Bank Limited | ₹15 Lakh | Open |
| 17 Dec 2021 | Axis Bank Limited | ₹25 Lakh | Open |
| 30 Oct 2014 | Axis Bank Limited | ₹75 Lakh | Open |
| 20 Nov 2007 | H D F C Bank Limited | ₹45 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Maxrad Software India Private Limited
Maxrad Software India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹41 Lakh; the latest was in February 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2009 | Funding round | ₹15 Lakh | Investors: 2 individuals |
| Feb 2008 | Funding round | ₹26 Lakh | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Maxrad Software India Private Limited
Maxrad Software India Private Limited has 5 court cases on record: 2 filed by Maxrad Software India, 3 filed against it. 1 case is pending and 4 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (RP) | Filed against the company by Corporation of Cochin | Pending |
| High Court of Kerala | Appeal | Filed against the company by Corporation of Cochin | Disposed |
| High Court of Kerala | Court case (Con.Case(C)) | Filed by the company against an individual | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against Kerala State Electronic Development Corporation Ltd | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Maxrad Software India Private Limited
Maxrad Software India operates one associated brand: Maxsoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides simulation tools for process, supply chain, and automotive applications. | maxsoft-india.com |
Employees and EPFO Compliance at Maxrad Software India Private Limited
Maxrad Software India Private Limited has a workforce of 1 employees as of Mar 29, 2024.
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 Maxrad Software India Private Limited
Maxrad Software India Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Satish Chandra Kaushal ceased to be Director on 14 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Maxrad Software India 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 Maxrad Software India 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 Maxrad Software India 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 Maxrad Software India Private Limited
Maxrad Software India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM1641G1ZL | Karnataka | Active | 01 Jul 2017 |
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 Maxrad Software India 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 Maxrad Software India Private Limited
Maxrad Software India 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 25 November 2004 (22+ years old) and is registered under CIN U72200KA2004PTC035095.
Maxrad Software India reported revenue of ₹4.23 Cr for FY 2024 (up 26% YoY).
Maxrad Software India has 2 current directors:
- Gopalakrishnan Rajeev - Managing Director
- Sindhu Rajeev - Director
Maxrad Software India reported a net profit of ₹48.91 Lakh (net margin 11.6%) and EBITDA of ₹80.11 Lakh (EBITDA margin 18.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxrad Software India is 52% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maxrad Software India is 29AAECM1641G1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Maxrad Software India is U72200KA2004PTC035095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxrad Software India has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending.
Maxrad Software India was incorporated on 25 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Maxrad Software India has 2 deals on record (2 funding rounds), with disclosed funding of ₹41 Lakh; the latest was in February 2009.
The peers of Maxrad Software India by revenue are Bees Software Solutions Private Limited, Iamops India Private Limited, Atem Software Solutions Private Limited, Socash India Private Limited, Jamesblake IT Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).