MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0028748
Minimax Ads Private Limited - media and publishing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.35 Cr
▲ 169.50% YoY
Net profit · FY 2024
₹1.5 Cr
Net margin 4.1%
EBITDA · FY 2024
₹2.88 Cr
EBITDA margin 7.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹12.82 Cr
Satisfied ₹17.92 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Minimax Ads Private Limited
Data last updated:
Minimax Ads Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 16 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2009PTC194141. Its GSTIN is 27AAGCM1194G1ZF (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Arvind Amritlal Bhandari and Chanda Arvind Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 412 4th Floor Vakratunda Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.35 Cr. For the same year it recorded a net profit of ₹1.5 Cr (net margin 4.1%) and EBITDA of ₹2.88 Cr (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 5% over five years.
The company is associated with 1 brand: Minimax Ads. As per MCA filings, the company has open charges of ₹12.82 Cr and satisfied charges of ₹17.92 Cr 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.
Minimax Ads Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0028748). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minimaxads.com.
Company details
CIN U93000MH2009PTC194141
Registration Number 194141
Incorporation Date 16 July 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0028748
Recognitions & Rankings of Minimax Ads
Contact details
Minimax Ads Private Limited's registered office is in Mumbai, Maharashtra. Its website is minimaxads.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 412 4th Floor Vakratunda Corporate Park Off Aarey Road Near Udipi Vihar Hotel G, Oregaon E, Mumbai, Maharashtra, India – 400063
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Minimax Ads Private Limited, buy the company report.
Comprehensive company report
Minimax Ads 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
Minimax Ads operates one associated brand: Minimax Ads. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Outdoor advertising, public relations, and integrated marketing services in India. | minimaxads.com |
Business activity
The main business activity of Minimax Ads is professional, scientific and technical activities. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 73 | Advertising and market research |
To see the full business activity and turnover split of Minimax Ads Private Limited, buy the company report.
Financials of Minimax Ads Private Limited
FY 2024 filings availableMinimax Ads Private Limited reported revenue of ₹36.35 Cr for FY 2024.
Revenue · FY 2024
₹36.35 Cr
Net profit · FY 2024
₹1.5 Cr margin 4.1%
EBITDA · FY 2024
₹2.88 Cr margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 57%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 47%
5 years · compounded
▼ 1%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years. EBITDA rose 21% 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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| EBITDA | ₹2.88 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.5 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 | 7.9% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Minimax Ads Private Limited, buy the company report.
Board of directors of Minimax Ads Private Limited
Minimax Ads has 2 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 |
|---|---|---|---|---|
| Arvind Amritlal Bhandari | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
| Chanda Arvind Bhandari | Additional Director | 27 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Minimax Ads Private Limited is audited by Rajpurohit And Tiwari for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajpurohit And Tiwari | FY 2023 | 145574W |
Shareholding
The shareholding of Minimax Ads 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 Minimax Ads Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.82 Cr
Satisfied charges
₹17.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2022 | 100629293 | Bank of India | ₹4 Cr | Open | |
| 03 Sep 2022 | 100628789 | Bank of India | ₹8 Cr | Open | |
| 03 Sep 2022 | 100628777 | Bank of India | ₹82 Lakh | Open | |
| 28 Jan 2019 | 100246056 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 31 Jan 2018 | 100164488 | Hdfc Bank Limited | ₹3.38 Cr | Satisfied |
To see the full charge records of Minimax Ads Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Minimax Ads Private Limited has 5 court cases on record: 2 filed by Minimax Ads, 3 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Bharat Petroleum Corporation Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against M/S Samudra Darshan Gruhpravesh LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against M/S Samudra Darshan Gruhpravesh LLP and 5 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M/S. Capital World Media Services Media Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Officer | Disposed |
To see the full case history of Minimax Ads 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
Minimax Ads Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Minimax Ads Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Minimax Ads has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM1194G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minimax Ads Private Limited, buy the company report.
Recent activity
Minimax Ads Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Chanda Arvind Bhandari was appointed as Additional Director on 27 Feb 2025.
Charges
A charge with Bank Of India of Rs. 8.00 Cr registered on 03 Sep 2022 with Charge ID 100628789 was modified on 17 May 2025.
Appointed
Chanda Arvind Bhandari was appointed as Additional Director.
Ceased
Manishkumar Rajendrakumar Agrawal ceased to be Director.
AGM
Minimax Ads Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Minimax Ads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 28 Jan 2019 via Charge ID 100246056 with Hdfc Bank Limited was fully satisfied on 03 Oct 2022.
Charges
A charge registered on 31 Jan 2018 via Charge ID 100164488 with Hdfc Bank Limited was fully satisfied on 03 Oct 2022.
Charges
A charge registered on 04 Oct 2017 via Charge ID 100135662 with Hdfc Bank Limited was fully satisfied on 03 Oct 2022.
Charges
A charge with Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100629293 was registered on 03 Sep 2022.
Charges
A charge with Bank Of India amounted to Rs. 0.82 Cr with Charge ID 100628777 was registered on 03 Sep 2022.
Charges
A charge with Bank Of India amounted to Rs. 8.00 Cr with Charge ID 100628789 was registered on 03 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 3.38 Cr registered on 31 Jan 2018 with Charge ID 100164488 was modified on 24 Feb 2021.
11 earlier events are in the company report.
Frequently asked questions
Minimax Ads is an active private limited company based in Mumbai, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 16 July 2009 (17+ years old) and is registered under CIN U93000MH2009PTC194141.
Minimax Ads has 2 current directors:
- Arvind Amritlal Bhandari - Director
- Chanda Arvind Bhandari - Additional Director
The latest financial statements of Minimax Ads on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Minimax Ads is 27AAGCM1194G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Minimax Ads is U93000MH2009PTC194141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minimax Ads has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending.
Minimax Ads was incorporated on 16 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Chanda Arvind Bhandari was appointed as Additional Director on 27 Feb 2025. Manishkumar Rajendrakumar Agrawal ceased to be Director on 27 Feb 2025. Arvind Amritlal Bhandari was appointed as Director on 16 Jul 2009. Minimax Ads has 4 board changes on record in total.
Yes, Minimax Ads is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0028748).
Minimax Ads has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 May 2019.
Minimax Ads can be reached through the website minimaxads.com. Its registered office is in Mumbai, Maharashtra, India.