About Maxwax Multiproducts LLP
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Maxwax Multiproducts LLP is a limited liability partnership (LLP) based in Vadodara, Gujarat, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAN-5403. Its GSTIN is 24ABKFM1431E1ZP (Gujarat). The LLP holds 4 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹50 Lakh. It is led by designated partners including Ketan Dhiraj Kapasi and Vimal Arvind Kapasi.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 312/313 Paradise Complex Sayajiganj, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹9.89 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹98.89 Lakh (net margin 10%) and EBITDA of ₹1.51 Cr (EBITDA margin 15.3%).
The LLP has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹2.8 Cr and satisfied charges of ₹5.98 Cr on record.
For more details, the LLP can be reached via its website tideind.com.
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- Registered Address312/313 Paradise Complex Sayajiganj, Vadodara, Gujarat, India – 390005
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
- 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
Financials of Maxwax Multiproducts LLP FY 2025 filings available
Maxwax Multiproducts LLP reported revenue of ₹9.89 Cr (up 92% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Maxwax Multiproducts LLP
Revenue rose 92% in the latest year. EBITDA rose 384% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Maxwax Multiproducts LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹9.89 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹98.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Maxwax Multiproducts LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Maxwax Multiproducts are in the company report.
Financial statements from FY 2019
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.
Designated Partners of Maxwax Multiproducts LLP
Maxwax Multiproducts has 6 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Dhiraj Kapasi Also directs: Kalpsutra Chemicals Private Limited | Partner | 13 Nov 2018 | 7 Years 10 Months | Current |
| Vimal Arvind Kapasi Also directs: Kalpsutra Chemicals Private Limited | Designated Partner | 13 Nov 2018 | 7 Years 10 Months | Current |
| Kantilal Dhanjibhai Parekh | Designated Partner | 03 Oct 2022 | 4 Years 0 Months | Current |
| Niranjan Ratanshi Sachade Also directs: Kalpsutra Chemicals Private Limited | Partner | 13 Nov 2018 | 7 Years 10 Months | Current |
| Ashokkumar Vasantlal Shah Also directs: Kalpsutra Chemicals Private Limited | Partner | 13 Nov 2018 | 7 Years 10 Months | Current |
| Kaushik Kantilal Parekh | Designated Partner | 13 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Maxwax Multiproducts LLP
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 Maxwax Multiproducts LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Hdfc Bank Limited | ₹2.8 Cr | Open |
| 17 Dec 2021 | Bank of Baroda | ₹2.99 Cr | Satisfied |
| 10 Jan 2019 | Bank of Baroda | ₹2.99 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Maxwax Multiproducts LLP
Maxwax Multiproducts LLP has a workforce of 3 employees as of Apr 02, 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 Maxwax Multiproducts LLP
Maxwax Multiproducts LLP has 7 designated partner changes on record since 2018: 6 appointments and 1 cessation. The latest: Kantilal Dhanjibhai Parekh ceased to be Designated Partner on 22 Oct 2022.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Maxwax Multiproducts LLP
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 Maxwax Multiproducts LLP
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 Maxwax Multiproducts LLP
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 Maxwax Multiproducts LLP
Maxwax Multiproducts has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABKFM1431E1ZP | Gujarat | Active | 17 Dec 2018 |
| 29ABKFM1431E1ZF | Karnataka | Active | 11 Oct 2022 |
| 27ABKFM1431E1ZJ | Maharashtra | Active | 06 Nov 2022 |
| 06ABKFM1431E1ZN | Haryana | Active | 27 Oct 2023 |
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 Maxwax Multiproducts LLP
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 Maxwax Multiproducts LLP
Maxwax Multiproducts is an active limited liability partnership based in Vadodara, Gujarat, India. The LLP works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under LLPIN AAN-5403.
Maxwax Multiproducts reported revenue of ₹9.89 Cr for FY 2023 (up 92% YoY).
Maxwax Multiproducts has 6 current designated partners:
- Ketan Dhiraj Kapasi - Partner
- Vimal Arvind Kapasi - Designated Partner
- Kantilal Dhanjibhai Parekh - Designated Partner
- Niranjan Ratanshi Sachade - Partner
- Ashokkumar Vasantlal Shah - Partner
- Kaushik Kantilal Parekh - Designated Partner
Maxwax Multiproducts reported a net profit of ₹98.89 Lakh (net margin 10%) and EBITDA of ₹1.51 Cr (EBITDA margin 15.3%) for FY 2023, as per its filed financial statements.
The GSTIN of Maxwax Multiproducts is 24ABKFM1431E1ZP, registered in Gujarat. The LLP has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29ABKFM1431E1ZF (Karnataka), 27ABKFM1431E1ZJ (Maharashtra), 06ABKFM1431E1ZN (Haryana).
The LLPIN (Limited Liability Partnership Identification Number) of Maxwax Multiproducts is AAN-5403. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Maxwax Multiproducts was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kantilal Dhanjibhai Parekh ceased to be Designated Partner on 22 Oct 2022. Kantilal Dhanjibhai Parekh was appointed as Designated Partner on 03 Oct 2022. Ashokkumar Vasantlal Shah was appointed as Partner on 13 Nov 2018. Maxwax Multiproducts has 7 designated partner changes on record in total.
Maxwax Multiproducts can be reached through the website tideind.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Maxwax Multiproducts is at 312313 Paradise Complex Sayajiganj, Vadodara, Gujarat, India – 390005.