Plus Max Duty Free(Vizak) Private Limited - Company Profile

It is a food and beverages private limited company based in Tiruchengode, Tamil Nadu, India, established in 2016.
2016 Tiruchengode, Tamil Nadu, India Active
Last Updated:
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About Plus Max Duty Free(Vizak) Private Limited

Plus Max Duty Free(Vizak) Private Limited, a active private limited company, was established on 11 May 2016 in Tiruchengode, Tamil Nadu, India. Engaging in food & beverage retail & distribution within the trade sector, it holds CIN: U74999TZ2016PTC027524. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹2.01 Cr and a paid-up capital of ₹2.01 Cr.

It upholds a compliant status. Its leadership includes Natesan Manmani (Director), Ramasamy Suriyaprakasam (Managing Director). Past directors included Suriyaprakasam Prakadeesh Kumar, Natesan Manmani, Ramasamy Suriyaprakasam. It holds ₹3.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 86/18, Royal Complex, Sankari Road, Seetharampalayam,, Tiruchengode, Tamil Nadu, 637209.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74999TZ2016PTC027524

  • Registration Number

    027524

  • Incorporation Date

    11 May 2016

  • Authorized Capital

    ₹2.01 Cr

  • Paid-Up Capital

    ₹2.01 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.01 Cr
  • Paid Up Capital ₹ 2.01 Cr
  • Company Age 9 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth **** 1975.13%
  • Profit Growth **** -95.55%
  • Ebitda **** -90.87%
  • Net Worth -83.46%
  • Total Assets -30.75%
Company report

Plus Max Duty Free(Vizak) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Plus Max Duty Free(Vizak) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Plus Max Duty Free(Vizak) Private Limited?
Current Directors
Name Designation Appointment Date Status
Natesan Manmani Director 23 Mar 2024 Current
Ramasamy Suriyaprakasam Managing Director 11 May 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Mar 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 14 May 2016 Past

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Financial Performance of Plus Max Duty Free(Vizak).

Plus Max Duty Free(Vizak) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1975.13% increase. The company also saw a substantial fall in profitability, with a 95.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.46%.

Plus Max Duty Free(Vizak) revenue growth over time
Plus Max Duty Free(Vizak) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 1975.13%
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*******
*******
*******
Revenue from Operations
*******
 2237.37%
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*******
*******
*******
Total Assets
*******
 -30.75%
*******
*******
*******
*******
Profit or Loss
*******
 -95.55%
*******
*******
*******
*******
Net Worth
*******
 -83.46%
*******
*******
*******
*******
EBITDA
*******
 -90.87%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Plus Max Duty Free(Vizak)?

In 2023, Plus Max Duty Free(Vizak) had a promoter holding of 48.87% and a public holding of 51.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹30,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Syndicate Bank : 3.00 Cr
Latest Charge Details
Date Lender Amount Status
31 Dec 2016 Syndicate Bank ₹3.00 Cr Open

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How Many Employees Work at Plus Max Duty Free(Vizak)?

Unlock and access historical data on people associated with Plus Max Duty Free(Vizak), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plus Max Duty Free(Vizak), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Plus Max Duty Free(Vizak)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Plus Max Duty Free(Vizak)
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Plus Max Duty Free(Vizak) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Plus Max Duty Free(Vizak) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

  • Director Appointment

    The activity Natesan Manmani was appointed as a Director was appointed as a Director on 23 Mar 2024 & has been associated with this company since 1 year 11 months . was completed.

  • Charges

    A charge with Syndicate Bank amounted to Rs. 3.00 Cr with Charge ID 100093715 was registered on 31 Dec 2016. was recorded as a recent event.

  • Director Appointment

    The activity Ramasamy Suriyaprakasam was appointed as a Managing Director was appointed as a Managing Director on 11 May 2016 & has been associated with this company since 9 years 9 months . was completed.

  • Company Incorporation

    Progress on Plus Max Duty Free(Vizak) Private Limited was registered on 11 May 2016 with Roc Coimbatore & aged 9 years 9 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Plus Max Duty Free(Vizak) Private Limited?

The CIN of Plus Max Duty Free(Vizak) Private Limited is U74999TZ2016PTC027524.

Where is Plus Max Duty Free(Vizak) Private Limited headquartered?

Plus Max Duty Free(Vizak) Private Limited is headquartered at No. 86/18, Royal Complex, Sankari Road, Seetharampalayam,, Tiruchengode, Tamil Nadu, 637209.

When was Plus Max Duty Free(Vizak) Private Limited incorporated?

Plus Max Duty Free(Vizak) Private Limited was incorporated on 11 May 2016.

Who are the current directors of Plus Max Duty Free(Vizak) Private Limited?

The current directors of Plus Max Duty Free(Vizak) Private Limited are

What is the primary industry of Plus Max Duty Free(Vizak) Private Limited?

The primary industry of Plus Max Duty Free(Vizak) Private Limited is Trade.

Is Plus Max Duty Free(Vizak) Private Limited a listed company?

Plus Max Duty Free(Vizak) Private Limited is unlisted.

What is the capital structure of Plus Max Duty Free(Vizak) Private Limited?

The authorized capital of Plus Max Duty Free(Vizak) Private Limited is ₹2.01 Cr, and the paid-up capital is ₹2.01 Cr.

What is the compliance status of Plus Max Duty Free(Vizak) Private Limited?

The compliance status of Plus Max Duty Free(Vizak) Private Limited is Compliant.

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