About Plus Max Duty Free (Madurai) Private Limited
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Plus Max Duty Free (Madurai) Private Limited is a private limited company based in Tiruchengode, Tamil Nadu, India, a subsidiary of Agm Duty Free (Selatan) Sdn Bhd. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 05 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2016PTC028060. Its GSTIN is 33AAICP8145N1ZX (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Ramasamy Suriyaprakasam (Managing Director) and Suriyaprakasam Prakadeesh Kumar.
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 No. 86/18 Royal Complex Sankari Road Seetharampalayam, Tiruchengode, Tamil Nadu, India – 637209.
As per the financials filed for FY 2024, the company reported a revenue of ₹5 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 27%) and EBITDA of ₹1.37 Cr (EBITDA margin 27.4%). Revenue has declined at a compounded annual rate (CAGR) of 131% over three years and 18% over five years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plusmax.com.my.
Company details
Contact details
Plus Max Duty Free (Madurai) Private Limited's registered office is in Tiruchengode, Tamil Nadu. Its website is plusmax.com.my. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 86/18 Royal Complex Sankari Road Seetharampalayam, Tiruchengode, Tamil Nadu, India – 637209
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Plus Max Duty Free (Madurai) Private Limited, buy the company report.
- 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
Business activity
The main business activity of Plus Max Duty Free (Madurai) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Plus Max Duty Free (Madurai) Private Limited, buy the company report.
Financials of Plus Max Duty Free (Madurai) Private Limited
FY 2024 filings availablePlus Max Duty Free (Madurai) Private Limited reported revenue of ₹5 Cr (up 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 76% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 567% 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 | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹1.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 27.4% | ||||
| Net Profit Margin | 27% | ||||
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To see the full financial statements and ratios of Plus Max Duty Free (Madurai) Private Limited, buy the company report.
Board of directors of Plus Max Duty Free (Madurai) Private Limited
Plus Max Duty Free (Madurai) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suriyaprakasam Prakadeesh Kumar Also directs: Plus Max Starch Sago Private Limited, Plus Max Beverages Private Limited, Plus Max Infrastructure Private Limited and 5 more | Director | 05 Oct 2016 | 10 Years 1 Months | Current |
| Ramasamy Suriyaprakasam Also directs: Plus Max Starch Sago Private Limited, Plus Max Beverages Private Limited, Plus Max Infrastructure Private Limited and 5 more | Managing Director | 05 Oct 2016 | 10 Years 1 Months | Current |
Auditor
Plus Max Duty Free (Madurai) Private Limited is audited by M.RANGASAMY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.RANGASAMY | FY 2023 | 024982 |
Shareholding
The shareholding of Plus Max Duty Free (Madurai) 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 Plus Max Duty Free (Madurai) Private Limited, buy the company report.
Legal cases
Plus Max Duty Free (Madurai) Private Limited has 6 court cases on record: 4 filed by Plus Max Duty Free (Madurai), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Perambalur, Tamil Nadu | Execution petition | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against Principal Chief Commissioner of GST and Central Excise and 3 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Principal Chief Commissioner of GST and Central Excise and 3 others | Disposed |
| District court, Perambalur, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
To see the full case history of Plus Max Duty Free (Madurai) 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
No delayed payments to MSME suppliers are on our record for Plus Max Duty Free (Madurai) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Plus Max Duty Free (Madurai) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICP8145N1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plus Max Duty Free (Madurai) Private Limited, buy the company report.
Recent activity
Plus Max Duty Free (Madurai) Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ramasamy Suriyaprakasam was appointed as Managing Director on 05 Oct 2016.
Frequently asked questions
Plus Max Duty Free (Madurai) is an active private limited company based in Tiruchengode, Tamil Nadu, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 05 October 2016 (10+ years old) and is registered under CIN U74999TZ2016PTC028060.
Plus Max Duty Free (Madurai) has 2 current directors:
- Ramasamy Suriyaprakasam - Managing Director
- Suriyaprakasam Prakadeesh Kumar - Director
The latest financial statements of Plus Max Duty Free (Madurai) 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 FY 2017 are in the company report.
The GSTIN of Plus Max Duty Free (Madurai) is 33AAICP8145N1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Plus Max Duty Free (Madurai) is U74999TZ2016PTC028060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plus Max Duty Free (Madurai) has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
Plus Max Duty Free (Madurai) was incorporated on 05 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ramasamy Suriyaprakasam was appointed as Managing Director on 05 Oct 2016. Suriyaprakasam Prakadeesh Kumar was appointed as Director on 05 Oct 2016.
Plus Max Duty Free (Madurai) can be reached through the website plusmax.com.my. Its registered office is in Tiruchengode, Tamil Nadu, India.
The registered office of Plus Max Duty Free (Madurai) is at No. 8618 Royal Complex Sankari Road Seetharampalayam, Tiruchengode, Tamil Nadu, India – 637209.
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