About Promax Digital Private Limited
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Promax Digital Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U85110MH2006PTC164628. Its GSTIN is 27AABCI6672A1ZR (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5.21 Lakh. It was formerly known as Innovative Cardio-Vascular Solution Private Limited. It is led by directors Nitin Balkrishna Bodhale and Rajyashree Anand Kshirasagar.
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 Plot No.82 H.No. 105 Dharampeth Ext. Ward No. 41, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.12 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹12.15 Lakh (net margin -20.9%) and EBITDA of -₹6.31 Lakh (EBITDA margin -10.9%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 1% over five years.
The company is associated with 1 brand: ProMax Digital.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promaxdigital.co.in.
Company details
Contact details
Promax Digital Private Limited's registered office is in Nagpur, Maharashtra. Its website is promaxdigital.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.82 H.No. 105 Dharampeth Ext. Ward No. 41, Nagpur, Maharashtra, India – 440010
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Promax Digital 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
Brands
Promax Digital operates one associated brand: ProMax Digital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Creates responsive web apps and products for city news and medical information. | promaxdigital.co.in |
Business activity
The main business activity of Promax Digital is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Promax Digital Private Limited, buy the company report.
Financials of Promax Digital Private Limited
FY 2025 filings availablePromax Digital Private Limited reported revenue of ₹58.12 Lakh (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 109% 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 | -₹6.31 Lakh | ||||
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| Net Profit (PAT) | -₹12.15 Lakh | ||||
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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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| EBITDA Margin | -10.9% | ||||
| Net Profit Margin | -20.9% | ||||
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To see the full financial statements and ratios of Promax Digital Private Limited, buy the company report.
Board of directors of Promax Digital Private Limited
Promax Digital has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Balkrishna Bodhale | Director | 30 Jun 2015 | 11 Years 4 Months | Current |
| Rajyashree Anand Kshirasagar | Director | 30 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Promax Digital Private Limited is audited by P S DONGRE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S DONGRE & CO | FY 2021 | 102683W |
Shareholding
The shareholding of Promax Digital Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Promax Digital Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promax Digital 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 Promax Digital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Promax Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6672A1ZR | Maharashtra | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Promax Digital Private Limited, buy the company report.
Recent activity
Promax Digital Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Ketan Mukund Paithankar ceased to be Director on 31 Jul 2020.
1 earlier event is in the company report.
Frequently asked questions
Promax Digital is an active private limited company based in Nagpur, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 September 2006 (20+ years old) and is registered under CIN U85110MH2006PTC164628.
Promax Digital has 2 current directors:
- Nitin Balkrishna Bodhale - Director
- Rajyashree Anand Kshirasagar - Director
The latest financial statements of Promax Digital 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 Promax Digital is 27AABCI6672A1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Promax Digital is U85110MH2006PTC164628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promax Digital was incorporated on 15 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Nagpur.
Ketan Mukund Paithankar ceased to be Director on 31 Jul 2020. Prateek Vinod Chandrayan ceased to be Director on 31 Jul 2020. Harshawardhan Mohan Mardikar ceased to be Director on 11 Jul 2015. Promax Digital has 10 board changes on record in total.
Promax Digital can be reached through the website promaxdigital.co.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Promax Digital is at Plot No.82 H.No. 105 Dharampeth Ext. Ward No. 41, Nagpur, Maharashtra, India – 440010.
Promax Digital operates in the information technology industry, in the application development and software solutions segment.
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