Maxcell Systems Private Limited

Maxcell Systems Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U24303KA2019PTC120996 Incorporated 01 February 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company healthcare Startup India MSME · Micro
Data last updated
Revenue · FY 2024
₹3.29 Cr
▲ 22% YoY
Net profit · FY 2024
₹1.94 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹22.47 Lakh
EBITDA margin 6.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹70 Lakh
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings

About Maxcell Systems Private Limited

Data last updated:

Maxcell Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 01 February 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24303KA2019PTC120996. Its GSTIN is 29AAMCM4147M1ZT (Karnataka). 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 ₹5 Lakh. It is led by directors Saju Thomas (Managing Director) and Elizabeth Meena Thomas.

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 No.12 J.R. Arcade 80Ft Road 1st Block Koramangala, Bangalore, Karnataka, India – 560034.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.29 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Lakh (net margin 0.6%) and EBITDA of ₹22.47 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 136% over five years.

The company is associated with 1 brand: Maxcell. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹70 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

Maxcell Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0101434). For more details, the company can be reached via its website maxcell.in.

Company details

CIN U24303KA2019PTC120996
Registration Number 120996
Incorporation Date 01 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0101434
Key People
Saju Thomas Managing Director Elizabeth Meena Thomas Director

Recognitions & Rankings of Maxcell Systems

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0101434

Contact details

Maxcell Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is maxcell.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maxcell.in
  • Social Media
  • Registered Address
    No.12 J.R. Arcade 80Ft Road 1st Block Koramangala, Bangalore, Karnataka, India – 560034
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Maxcell Systems Private Limited, buy the company report.

Comprehensive company report
Maxcell Systems 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

Maxcell Systems operates one associated brand: Maxcell. Each brand links to its own profile.

BrandDescriptionWebsite
Maxcell
Supplies filtration, molecular biology, and lab consumables to the pharmaceutical industry.maxcell.in

Business activity

The main business activity of Maxcell Systems is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Maxcell Systems Private Limited, buy the company report.

Financials of Maxcell Systems Private Limited

FY 2025 filings available

Maxcell Systems Private Limited reported revenue of ₹3.29 Cr (up 22% YoY) for FY 2024.

Revenue · FY 2024
₹3.29 Cr ▲ 22%
Net profit · FY 2024
₹1.94 Lakh margin 0.6%
EBITDA · FY 2024
₹22.47 Lakh margin 6.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 3%
5 years · compounded
▲ 136%
EBITDA CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 30%
5 years · compounded
▲ 188%

Revenue has grown at a compounded annual rate (CAGR) of 136% over five years, including 22% growth in the latest year. EBITDA rose 86% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹22.47 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.94 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.8%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Maxcell Systems Private Limited, buy the company report.

Board of directors of Maxcell Systems Private Limited

Maxcell Systems has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Elizabeth Meena ThomasDirector01 Feb 20197 Years 9 MonthsCurrent
Saju Thomas
Also directs: Biolix Technologies LLP, Cell Stream Technologies Private Limited
Managing Director01 Feb 20197 Years 9 MonthsCurrent
View all directors

Auditor

Maxcell Systems Private Limited is audited by VIKAS KUMAR OSWAL for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VIKAS KUMAR OSWALFY 2023211795

Shareholding

The shareholding of Maxcell Systems 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maxcell Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Others₹0.50 Cr
State Bank of India₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Nov 2023100829422Others₹50 LakhOpen
08 Oct 2020100382244State Bank of India₹50 LakhOpen
25 Mar 2022100560836Idbi Bank Limited₹70 LakhSatisfied

To see the full charge records of Maxcell Systems Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Maxcell Systems Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 6 overdue payments 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)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Maxcell Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Maxcell Systems has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAMCM4147M1ZTKarnatakaActive14 Feb 2019
32AAMCM4147M1Z6KeralaActive08 Jul 2025

To see the full GST registrations and return filing status of Maxcell Systems Private Limited, buy the company report.

Recent activity

Maxcell Systems Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Elizabeth Meena Thomas was appointed as Director on 01 Feb 2019.

AGM
Maxcell Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxcell Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100829422 was registered on 27 Nov 2023.
Charges
A charge registered on 25 Mar 2022 via Charge ID 100560836 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.
Charges
A charge with Idbi Bank Limited amounted to Rs. 70.00 Lakh with Charge ID 100560836 was registered on 25 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 100382244 was registered on 08 Oct 2020.
Appointed
Elizabeth Meena Thomas was appointed as Director.
Appointed
Saju Thomas was appointed as Managing Director.
Incorporation
01 Feb 2019
Maxcell Systems Private Limited was registered on 01 Feb 2019 with Roc Bangalore & aged 7 years 9 months as per MCA records.

Frequently asked questions

Maxcell Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 01 February 2019 (7+ years old) and is registered under CIN U24303KA2019PTC120996.

Maxcell Systems has 2 current directors:

The latest financial statements of Maxcell Systems 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 FY 2019 are in the company report.

The GSTIN of Maxcell Systems is 29AAMCM4147M1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAMCM4147M1Z6 (Kerala).

The CIN (Corporate Identification Number) of Maxcell Systems is U24303KA2019PTC120996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maxcell Systems has 1 court case on record: 1 filed by the company.

Maxcell Systems was incorporated on 01 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Elizabeth Meena Thomas was appointed as Director on 01 Feb 2019. Saju Thomas was appointed as Managing Director on 01 Feb 2019.

Yes, Maxcell Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Maxcell Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0101434).

Maxcell Systems has 6 MSME Form 1 returns on record between 2019 and 2022, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Sep 2023.