MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0007772
Maxval Technologies Private Limited - information technology in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.75 Cr
▲ 9% YoY
Net profit · FY 2025
₹2.47 Cr
Net margin 4.5%
EBITDA · FY 2025
₹6.05 Cr
EBITDA margin 11.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹14.25 Cr
Satisfied ₹15 Lakh
Company age
22 yrs
Est. 2004
Employees · EPFO
358
Provident fund records
About Maxval Technologies Private Limited
Data last updated:
Maxval Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the application development and software solutions 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), Mumbai, under CIN U72900MH2004PTC149684. Its GSTIN is 27AAECM0983B1ZO (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Balbir Singh Daya Singh Khera Khera (Managing Director) and Anuradha Gojare (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at T – 251 Tower # 10 Itc 5th Floor Belapur Station Complex CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.75 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Cr (net margin 4.5%) and EBITDA of ₹6.05 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 13% over five years.
The company has about 358 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maxval Technologies. As per MCA filings, the company has open charges of ₹14.25 Cr and satisfied charges of ₹15 Lakh on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
Maxval Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0007772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxval.net.
Company details
CIN U72900MH2004PTC149684
Registration Number 149684
Incorporation Date 25 November 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0007772
Key People
Balbir Singh Daya Singh Khera Khera Managing Director Anuradha Gojare Whole-Time Director Hriman Singh Khera Director Recognitions & Rankings of Maxval Technologies
Contact details
Maxval Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is maxval.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – 251 Tower # 10 Itc 5th Floor Belapur Station Complex CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Maxval Technologies Private Limited, buy the company report.
Comprehensive company report
Maxval Technologies Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Maxval Technologies operates one associated brand: Maxval Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops custom software applications for sales, AI, and enterprise solutions globally. | maxval.net |
Business activity
The main business activity of Maxval Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Maxval Technologies Private Limited, buy the company report.
Financials of Maxval Technologies Private Limited
FY 2025 filings availableMaxval Technologies Private Limited reported revenue of ₹54.75 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹54.75 Cr ▲ 9%
Net profit · FY 2025
₹2.47 Cr margin 4.5%
EBITDA · FY 2025
₹6.05 Cr margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 16%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 15%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 9% growth in the latest year. EBITDA fell 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.05 Cr | ||||
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| Net Profit (PAT) | ₹2.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Maxval Technologies Private Limited, buy the company report.
Board of directors of Maxval Technologies Private Limited
Maxval Technologies has 3 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 |
|---|---|---|---|---|
| Hriman Singh Khera Also directs: Surmount Energy Solutions Private Limited | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Anuradha Gojare | Whole-Time Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Balbir Singh Daya Singh Khera Khera | Managing Director | 25 Nov 2004 | 21 Years 11 Months | Current |
Auditor
Maxval Technologies Private Limited is audited by Y. S. MUZUMDAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. S. MUZUMDAR | FY 2023 | 033704 |
Shareholding
The shareholding of Maxval Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maxval Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.25 Cr
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2022 | 100535588 | Others | ₹1.5 Cr | Open | |
| 17 Feb 2020 | 100324789 | Others | ₹1 Cr | Open | |
| 17 Feb 2020 | 100324788 | Others | ₹10.5 Cr | Open | |
| 03 Jul 2006 | 10084809 | Punjab National Bank | ₹1.25 Cr | Open | |
| 15 Jul 2010 | 10232844 | Punjab National Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Maxval Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Maxval Technologies Private Limited has 8 court cases on record: 5 filed by Maxval Technologies, 3 filed against it. All cases are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAW) | Filed by the company against Co-Star Group Inc and Ors | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Costar Group Inc. and Others Through Bharath Madakri and 2 others | Disposed |
| Supreme Court | Court case (2804-Mercantile Laws, Commercial Transactions Including Banking : Trade Marks/Copy Rights/Patents/Design Act) | Filed against the company by Costar Group Inc. Power of Attorney Holder Mr Bharath Madakari Power of Attorney Holder Mr Bharath Madakari 1331 L Street, NW, Washington and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Co-Star Group Inc and Ors | Disposed |
| Bombay High Court | Appeal | Filed by the company against Co-Star Group Inc. and Ors | Disposed |
To see the full case history of Maxval Technologies 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 Maxval Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxval Technologies Private Limited has a workforce of 358 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
358
Active EPFO establishments
1
Employee growth
-2.45%
GST
Maxval Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM0983B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 03AAECM0983B1ZY | Punjab | Active | 05 Sep 2019 |
To see the full GST registrations and return filing status of Maxval Technologies Private Limited, buy the company report.
Recent activity
Maxval Technologies Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Harveen Khera ceased to be Director on 10 May 2023.
AGM
Maxval Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxval Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Harveen Khera ceased to be Director.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 20 Jan 2022 with Charge ID 100535588 was modified on 25 Feb 2022.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100535588 was registered on 20 Jan 2022.
Appointed
Anuradha Gojare was appointed as Whole-Time Director.
Appointed
Hriman Singh Khera was appointed as Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100324789 was registered on 17 Feb 2020.
Charges
A charge with Others amounted to Rs. 1,050.00 Lakh with Charge ID 100324788 was registered on 17 Feb 2020.
Charges
A charge registered on 15 Jul 2010 via Charge ID 10232844 with Punjab National Bank was fully satisfied on 10 Apr 2012.
Charges
A charge with Punjab National Bank amounted to Rs. 15.00 Lakh with Charge ID 10232844 was registered on 15 Jul 2010.
Charges
A charge with Punjab National Bank amounted to Rs. 125.00 Lakh with Charge ID 10084809 was registered on 03 Jul 2006.
2 earlier events are in the company report.
Frequently asked questions
Maxval Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 November 2004 (22+ years old) and is registered under CIN U72900MH2004PTC149684.
Maxval Technologies has 3 current directors:
- Balbir Singh Daya Singh Khera Khera - Managing Director
- Anuradha Gojare - Whole-Time Director
- Hriman Singh Khera - Director
The latest financial statements of Maxval Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maxval Technologies is 27AAECM0983B1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 03AAECM0983B1ZY (Punjab).
The CIN (Corporate Identification Number) of Maxval Technologies is U72900MH2004PTC149684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxval Technologies has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the high courts.
Maxval Technologies was incorporated on 25 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Harveen Khera ceased to be Director on 10 May 2023. Anuradha Gojare was appointed as Whole-Time Director on 26 Aug 2021. Hriman Singh Khera was appointed as Director on 26 Aug 2021. Maxval Technologies has 4 board changes on record in total.
Yes, Maxval Technologies is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0007772).
Maxval Technologies can be reached through the website maxval.net. Its registered office is in Navi Mumbai, Maharashtra, India.