About Servicemax Technologies (India) Private Limited
Data last updated:
Servicemax Technologies (India) Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Servicemax Inc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 March 2007.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC042172. Its GSTIN is 29AAFCM0157J1ZC (Karnataka).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Maxplore Technologies Private Limited. It was led by directors Nicholas Dhun Aspandiar and Aniket Amar Marathe.
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 was at The Millenia Tower A Level 1 And 2 #1 & 2 Murphy Road Halasuru, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.25 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.28 Cr (net margin 10.1%) and EBITDA of ₹9.92 Cr (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company had about 154 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: ServiceMax. The company has 2 deals on record (2 secondary share transfers); the latest was in November 2008. Its 10 peer companies in the Information Technology industry (Application Development, IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Cadeploy Engineering Private Limited with revenue of ₹62.72 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 6 micro and small suppliers.
The last known website on record is servicemax.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressThe Millenia Tower A Level 1 And 2 #1 & 2 Murphy Road Halasuru, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) operates one associated brand: ServiceMax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based software is provided for field service and asset management. | servicemax.com |
Business Activity of Servicemax Technologies (India) Private Limited
The main business activity of Servicemax Technologies (India) is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Servicemax Technologies (India) Private Limited FY 2024 filings available
Servicemax Technologies (India) Private Limited reported revenue of ₹62.25 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Servicemax Technologies (India) Private Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 19% 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 of Servicemax Technologies (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹9.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.28 Cr | •••• | •••• | •••• | •••• |
| 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 of Servicemax Technologies (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Servicemax Technologies (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nicholas Dhun Aspandiar | Director | 05 Jan 2023 | 3 Years 9 Months | As last reported |
| Aniket Amar Marathe Also directs: Marash Studios LLP, PTC Software (India) Private Limited, Marash Services (OPC) Private Limited and 2 more | Director | 05 Jan 2023 | 3 Years 9 Months | As last reported |
Peer Comparison of Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cadeploy Engineering Private Limited | ₹62.72 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Crimsonlogic India Private Limited | ₹62.69 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Mckesson Compile India Private Limited | ₹62.67 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Rage Frameworks India Private Limited | ₹62.47 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Orbcomm Technologies India Private Limited | ₹62.43 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Hyderabad, Telangana, India |
| Servicemax Technologies (India) Private Limited this company | ₹62.25 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Airlinq Technology Private Limited | ₹61.99 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Renovision Automation Services Private Limited | ₹61.96 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Strattek Consulting Private Limited | ₹61.89 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Hyderabad, Telangana, India |
| Solartis Technology Services Private Limited | ₹61.84 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Manapakkam, Tamil Nadu, India |
| Numeric Technologies (India) Private Limited | ₹61.75 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Servicemax Technologies (India) by revenue in the Information Technology industry (Application Development, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited is audited by Balu and Anand for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Balu and Anand | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Servicemax Technologies (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in November 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2008 | Secondary share transfer | Undisclosed | Buyer: Servicemax Inc Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Servicemax Inc Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 6 micro and small suppliers. 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fervent Communication Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ekana Integrated Solutions | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited has a workforce of 154 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) Private Limited has 28 board changes on record since 2007: 15 appointments and 13 cessations. The latest: Jignesh Keshavji Shah ceased to be Whole-Time Director on 09 Jan 2023.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Servicemax Technologies (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Servicemax Technologies (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM0157J1ZC | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Servicemax Technologies (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Servicemax Technologies (India) Private Limited
Frequently Asked Questions about Servicemax Technologies (India) Private Limited
Servicemax Technologies (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Servicemax Technologies (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 20 March 2007 and is registered under CIN U72200KA2007PTC042172. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Servicemax Technologies (India) was incorporated on 20 March 2007. It is registered with the Registrar of Companies, Bangalore.
Servicemax Technologies (India) had 2 directors:
- Nicholas Dhun Aspandiar - Director
- Aniket Amar Marathe - Director
The CIN (Corporate Identification Number) of Servicemax Technologies (India) is U72200KA2007PTC042172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Servicemax Technologies (India) is at The Millenia Tower A Level 1 And 2 #1 & 2 Murphy Road Halasuru, Bangalore, Karnataka, India – 560008.
Servicemax Technologies (India) can be reached through the website servicemax.com. Its registered office is in Bangalore, Karnataka, India.
Servicemax Technologies (India) reported revenue of ₹62.25 Cr for FY 2024 (down 9% YoY).
Servicemax Technologies (India) has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh.
Servicemax Technologies (India) reported a net profit of ₹6.28 Cr (net margin 10.1%) and EBITDA of ₹9.92 Cr (EBITDA margin 15.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Servicemax Technologies (India) is 29AAFCM0157J1ZC, registered in Karnataka.
Servicemax Technologies (India) operated in the information technology industry, in the IT consulting and support services segment.