Maxvirtue Infotech India Private Limited
About Maxvirtue Infotech India Private Limited
Data last updated:
Maxvirtue Infotech India Private Limited is a private limited company based in Kendrapara, Odisha, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 03 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2013PTC017609.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sailendra Kumar Prusty (Managing Director) and Jitendra Kumar Prusti.
Its last annual general meeting (AGM) was held on 06 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gulnagar, Kendrapara, Odisha, India – 754211.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.96 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹8,435 (net margin -2.9%) and EBITDA of -₹8,279 (EBITDA margin -2.8%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Registered AddressGulnagar, Kendrapara, Odisha, India – 754211
- IndustryEvents and Entertainment, Event Planning & Management
- 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 Maxvirtue Infotech India Private Limited
The main business activity of Maxvirtue Infotech India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Maxvirtue Infotech India Private Limited FY 2023 filings available
Maxvirtue Infotech India Private Limited reported revenue of ₹2.96 Lakh (down 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Maxvirtue Infotech India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 58% fall in the latest year. EBITDA fell 170% 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 Maxvirtue Infotech India Private Limited
| 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 | -₹8,279 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8,435 | •••• | •••• | •••• | •••• |
| 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 Maxvirtue Infotech India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Maxvirtue Infotech 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.
Board of Directors of Maxvirtue Infotech India Private Limited
Maxvirtue Infotech India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Kumar Prusti | Director | 03 Dec 2013 | 12 Years 10 Months | Current |
| Sailendra Kumar Prusty | Managing Director | 03 Dec 2013 | 12 Years 10 Months | Current |
Peer Comparison of Maxvirtue Infotech India Private Limited
Maxvirtue Infotech India Private Limited is compared with the companies closest to it by revenue in the Events and Entertainment industry (Events Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coinex Defi Private Limited | ₹3.04 Lakh (FY 2021) | •••• | •••• | 77.0% | •••• | New Delhi, Delhi, India |
| Adarsh Telemedia Private Limited | ₹3 Lakh (FY 2024) | •••• | •••• | 900.0% | •••• | Kolkata, West Bengal, India |
| Mediamax Production Private Limited | ₹3 Lakh (FY 2022) | •••• | •••• | 37.0% | •••• | Delhi, India |
| Ontop Talent Management Private Limited | ₹3 Lakh (FY 2022) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Amigo Sounds and Lights Private Limited | ₹2.98 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Maxvirtue Infotech India Private Limited this company | ₹2.96 Lakh (FY 2023) | •••• | •••• | -58.0% | •••• | Kendrapara, Odisha, India |
| Blue Rocks Events and Promotions Private Limited | ₹2.93 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Raigad Football Club Private Limited | ₹2.91 Lakh (FY 2022) | •••• | •••• | •••• | Raigad, Maharashtra, India | |
| Kanchan Vinimay Private Limited | ₹2.9 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
| House of Events and Services Private Limited | ₹2.85 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Wedwise Events Private Limited | ₹2.85 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maxvirtue Infotech India by revenue in the Events and Entertainment industry (Events Management), 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 Maxvirtue Infotech India Private Limited
Maxvirtue Infotech India Private Limited is audited by DHARANI AND COMPANY for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DHARANI AND COMPANY | 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.
Ownership and Shareholding of Maxvirtue Infotech 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 Maxvirtue Infotech India Private Limited
Maxvirtue Infotech India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maxvirtue Infotech India Private Limited
Employment history and EPFO contributions of people linked to Maxvirtue Infotech India.
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 Maxvirtue Infotech India Private Limited
Maxvirtue Infotech India Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Jitendra Kumar Prusti was appointed as Director on 03 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Maxvirtue Infotech 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 Maxvirtue Infotech 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 Maxvirtue Infotech 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 Maxvirtue Infotech India Private Limited
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 Maxvirtue Infotech 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 Maxvirtue Infotech India Private Limited
Maxvirtue Infotech India is an active private limited company based in Kendrapara, Odisha, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 03 December 2013 (13+ years old) and is registered under CIN U72200OR2013PTC017609.
Maxvirtue Infotech India reported revenue of ₹2.96 Lakh for FY 2023 (down 58% YoY).
Maxvirtue Infotech India has 2 current directors:
- Sailendra Kumar Prusty - Managing Director
- Jitendra Kumar Prusti - Director
Maxvirtue Infotech India reported a net loss of ₹8,435 (net margin -2.9%) and EBITDA of -₹8,279 (EBITDA margin -2.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maxvirtue Infotech India is -12% over three years and -16% over five years. In the latest year (FY 2023) revenue fell 58%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Maxvirtue Infotech India is U72200OR2013PTC017609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxvirtue Infotech India was incorporated on 03 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Maxvirtue Infotech India by revenue are Coinex Defi Private Limited, Adarsh Telemedia Private Limited, Mediamax Production Private Limited, Ontop Talent Management Private Limited, Amigo Sounds and Lights Private Limited and 5 more, all in the Events and Entertainment industry (Events Management).
Jitendra Kumar Prusti was appointed as Director on 03 Dec 2013. Sailendra Kumar Prusty was appointed as Managing Director on 03 Dec 2013.
The registered office of Maxvirtue Infotech India is at Gulnagar, Kendrapara, Odisha, India – 754211.
Maxvirtue Infotech India has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh.