About Storemax Equipment Private Limited
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Storemax Equipment Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 06 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2018PTC114565. Its GSTIN is 29ABACS5517N1ZV (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Abraham Jacob and Chandy Philip.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.208 – C I Main 2nd Block 1st Stage Hbr Layout, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.95 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹45.28 Lakh (net margin -23.2%) and EBITDA of -₹27.65 Lakh (EBITDA margin -14.2%).
For more details, the company can be reached via its website storemax.in.
Company details
Contact details
Storemax Equipment Private Limited's registered office is in Bangalore, Karnataka. Its website is storemax.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.208 – C I Main 2nd Block 1st Stage Hbr Layout, Bangalore, Karnataka, India – 560043
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Storemax Equipment 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 Storemax Equipment is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Storemax Equipment Private Limited, buy the company report.
Financials of Storemax Equipment Private Limited
FY 2021 filings availableStoremax Equipment Private Limited reported revenue of ₹1.95 Cr (down 45% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA fell 701% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹27.65 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹45.28 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -14.2% | ||
| Net Profit Margin | -23.2% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Storemax Equipment Private Limited, buy the company report.
Board of directors of Storemax Equipment Private Limited
Storemax Equipment has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abraham Jacob | Director | 06 Jul 2018 | 8 Years 3 Months | Current |
| Chandy Philip | Director | 06 Jul 2018 | 8 Years 3 Months | Current |
| Melvin John Thomas Also directs: Logkraft India Private Limited | Director | 06 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Storemax Equipment Private Limited is audited by PRAKASH BHANSALI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH BHANSALI & ASSOCIATES | FY 2019 | 017295S |
Shareholding
The shareholding of Storemax Equipment Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Storemax Equipment Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Storemax Equipment 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 Storemax Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Storemax Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS5517N1ZV | Karnataka | Active | 25 Sep 2018 |
To see the full GST registrations and return filing status of Storemax Equipment Private Limited, buy the company report.
Recent activity
Storemax Equipment Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Melvin John Thomas ceased to be Director on 09 Nov 2022.
Frequently asked questions
Storemax Equipment is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 06 July 2018 (8+ years old) and is registered under CIN U29309KA2018PTC114565.
Storemax Equipment has 3 current directors:
- Abraham Jacob - Director
- Chandy Philip - Director
- Melvin John Thomas - Director
The latest financial statements of Storemax Equipment on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Storemax Equipment is 29ABACS5517N1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Storemax Equipment is U29309KA2018PTC114565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Storemax Equipment was incorporated on 06 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Melvin John Thomas ceased to be Director on 09 Nov 2022. Abraham Jacob was appointed as Director on 06 Jul 2018. Chandy Philip was appointed as Director on 06 Jul 2018. Storemax Equipment has 4 board changes on record in total.
Storemax Equipment can be reached through the website storemax.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Storemax Equipment is at No.208 – C I Main 2nd Block 1st Stage Hbr Layout, Bangalore, Karnataka, India – 560043.
Storemax Equipment operates in the machinery and equipment industry, in the industrial products retail and distribution segment.