MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0016038
Maxwell Additives Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.25 Cr
▲ 14.81% YoY
Net profit · FY 2024
₹2.1 Cr
Net margin 7.4%
EBITDA · FY 2024
₹2.99 Cr
EBITDA margin 10.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9.99 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
27
Provident fund records
About Maxwell Additives Private Limited
Data last updated:
Maxwell Additives Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 28 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2013PTC074231. Its GSTIN is 24AAICM5276B1ZM (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prajesh Ochchhavlal Shah and Vandanaben Prajeshbhai Shah.
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 E – 94 Sardar Industrial Estate Ajwa Road, Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.25 Cr. For the same year it recorded a net profit of ₹2.1 Cr (net margin 7.4%) and EBITDA of ₹2.99 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 18% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Maxwell Additives, Maplchem and Olklin. As per MCA filings, the company has open charges of ₹9.99 Lakh on record.
Maxwell Additives Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0016038). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxwelladditives.com.
Company details
CIN U24100GJ2013PTC074231
Registration Number 074231
Incorporation Date 28 March 2013
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-24-0016038
Key People
Prajesh Ochchhavlal Shah Director Vandanaben Prajeshbhai Shah Director Saumyak Prajeshbhai Shah Director Recognitions & Rankings of Maxwell Additives
Contact details
Maxwell Additives Private Limited's registered office is in Vadodara, Gujarat. Its website is maxwelladditives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 94 Sardar Industrial Estate Ajwa Road, Vadodara, Gujarat, India – 390019
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Maxwell Additives Private Limited, buy the company report.
Comprehensive company report
Maxwell Additives 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Maxwell Additives operates multiple associated brands including Maxwell Additives, Maplchem, and Olklin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures speciality chemicals for water treatment, sugar processing, and industrial applications. | maxwelladditives.com | |
| Provides eco-friendly cleaning solutions for floors, surfaces, and laundry care. | olklin.com | |
| Manufactures and supplies speciality chemicals for water treatment, sugar processing, and industrial use. | maplchem.com |
Business activity
The main business activity of Maxwell Additives is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Maxwell Additives Private Limited, buy the company report.
Financials of Maxwell Additives Private Limited
FY 2025 filings availableMaxwell Additives Private Limited reported revenue of ₹28.25 Cr for FY 2024.
Revenue · FY 2024
₹28.25 Cr
Net profit · FY 2024
₹2.1 Cr margin 7.4%
EBITDA · FY 2024
₹2.99 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 13%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 9%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years. EBITDA rose 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maxwell Additives Private Limited, buy the company report.
Board of directors of Maxwell Additives Private Limited
Maxwell Additives has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prajesh Ochchhavlal Shah | Director | 28 Mar 2013 | 13 Years 7 Months | Current |
| Vandanaben Prajeshbhai Shah | Director | 28 Mar 2013 | 13 Years 7 Months | Current |
| Saumyak Prajeshbhai Shah | Director | 28 Mar 2013 | 13 Years 7 Months | Current |
| Nachiket Prajeshbhai Shah | Director | 28 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Maxwell Additives Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GR Intrachem Limited | ₹28.9 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Livmore Life Sciences Private Limited | ₹28.89 Cr (FY 2025) | 296.0% | Vadodara, Gujarat, India | |||
| S.K. Chemical Industries (Mumbai) Private Limited | ₹28.71 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Wictor Chemical Industries Private Limited | ₹28.37 Cr (FY 2025) | 216.0% | Anjar, Gujarat, India | |||
| Maxwell Additives Private Limitedthis company | ₹28.25 Cr (FY 2024) | ₹2.1 Cr | 7.4% | 27 | Vadodara, Gujarat, India | |
| Sriyaan Chemicals Private Limited | ₹28.07 Cr (FY 2025) | 195.0% | Ankleshwar, Gujarat, India | |||
| Omtech Speciality Polymer Chemicals Private Limited | ₹27.97 Cr (FY 2024) | 300.0% | Mumbai, Maharashtra, India | |||
| Atlas Refinery Private Limited | ₹27.96 Cr (FY 2020) | 0.0% | Mumbai, Maharashtra, India | |||
| Embassy Biogenic (India) Private Limited | ₹27.87 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Maxwell Additives Private Limited, buy the company report.
Auditor
Maxwell Additives Private Limited is audited by D K MEHTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K MEHTA & CO | FY 2021 | 130223W |
Shareholding
The shareholding of Maxwell Additives Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maxwell Additives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.99 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2021 | 100442428 | Others | ₹9.99 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Maxwell Additives Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maxwell Additives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maxwell Additives Private Limited has a workforce of 27 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
92.86%
GST
Maxwell Additives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM5276B1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maxwell Additives Private Limited, buy the company report.
Recent activity
Maxwell Additives Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Nachiket Prajeshbhai Shah was appointed as Director on 28 Mar 2013.
AGM
Maxwell Additives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxwell Additives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 9.99 Lakh with Charge ID 100442428 was registered on 16 Apr 2021.
Appointed
Nachiket Prajeshbhai Shah was appointed as Director.
Appointed
Prajesh Ochchhavlal Shah was appointed as Director.
Appointed
Saumyak Prajeshbhai Shah was appointed as Director.
Appointed
Vandanaben Prajeshbhai Shah was appointed as Director.
Incorporation
28 Mar 2013
Maxwell Additives Private Limited was registered on 28 Mar 2013 with Roc Ahmedabad & aged 13 years 7 months as per MCA records.
Frequently asked questions
Maxwell Additives is an active private limited company based in Vadodara, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 28 March 2013 (13+ years old) and is registered under CIN U24100GJ2013PTC074231.
Maxwell Additives has 4 current directors:
- Prajesh Ochchhavlal Shah - Director
- Vandanaben Prajeshbhai Shah - Director
- Saumyak Prajeshbhai Shah - Director
- Nachiket Prajeshbhai Shah - Director
The latest financial statements of Maxwell Additives 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 Maxwell Additives is 24AAICM5276B1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Maxwell Additives is U24100GJ2013PTC074231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxwell Additives was incorporated on 28 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maxwell Additives by revenue are GR Intrachem Limited, Livmore Life Sciences Private Limited, S.K. Chemical Industries (Mumbai) Private Limited, Wictor Chemical Industries Private Limited, Sriyaan Chemicals Private Limited and 3 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Nachiket Prajeshbhai Shah was appointed as Director on 28 Mar 2013. Prajesh Ochchhavlal Shah was appointed as Director on 28 Mar 2013. Saumyak Prajeshbhai Shah was appointed as Director on 28 Mar 2013. Maxwell Additives has 4 board changes on record in total.
Yes, Maxwell Additives is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0016038).
Maxwell Additives can be reached through the website maxwelladditives.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Maxwell Additives is at E – 94 Sardar Industrial Estate Ajwa Road, Vadodara, Gujarat, India – 390019.