Max Financial Services Limited - Company overview

Maxindia is a listed public limited company, first registered with ROC Chandigarh on 24 February 1988.

1988-02-24 Distt. Nawanshahr, Punjab Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▼ -0.2%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▲ 3.4%
FY 2025
EBITDA
₹100–500 Cr
▲ 10.7%
FY 2025
NET WORTH
₹1000+ Cr
▲ 36.4%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 47.7%
FY 2025
EMPLOYEE COUNT
10,000+
OPEN CHARGES
2
-
PAID-UP CAPITAL
69.02 cr
AUTHORISED CAPITAL
70.00 cr
COMPANY AGE
38 Years 8 Months
since 1988-02-24
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-18
ACTIVE GST
3
Updated: 2023-10-20 23:00:51
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
36
524.31 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Maxindia covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
63/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (44), financial health (80), director (45) and company-foundation signals.
  • Operating for 38+ years.
Compliance Score High risk
44/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
80/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score High risk
45/100
Board strength, DIN status and churn.
  • 12 directors on the board.
  • Director CHARLES RICHARD VERNON STAGG has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Maxindia Company identity, industry, contact, and registration details from MCA and company records.

Maxindia is a listed public limited company, first registered with ROC Chandigarh on 24 February 1988. The registered office is at Bhai Mohan Singh Nagar, Rail Majra, Tehsil Balachaur, Distt. Nawanshahr, Punjab. Earlier names on record include Maxxon India Limited and Max India Limited.

In its MCA filings the main business is listed as management consultancy activities, which made up 77.5% of turnover.

It has 12 directors: Piyush Soni, Malini Thadani, Sahil Vachani and 9 others. The longest-serving is Sahil Vachani, on the board since 2018; the most recent to join is Siddhi Suneja, appointed in October 2025. 35 former directors are on record; the most recent to leave was Gauri Padmanabhan in October 2024. Between them, the directors also sit on the boards of 27 other companies, including Max Estates Limited and Access Development Services.

₹69.02 crore of its ₹70 crore authorised capital is paid up (about 99%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 18 September 2025. Two charges (secured loans) are still open, and 36 more have been paid off. Its shares trade on BSE (500271) and NSE (MFSL).

Financial Services •••••••• Business Outsourcing ••••••••
  • Location Bhai Mohan Singh Nagar, Rail Majra, Tehsil Balachaur,, Distt. Nawanshahr, Punjab - 144533
  • Website maxfinancialservices.com
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Name History
Legal NameMax Financial Services Limited
CIN / LLPINL24223HR1988PLC145368
Company No.008031
Stock Symbol BSE: 500271 | NSE: MFSL
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1988-02-24
Date of AGM2025-09-18
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Chandigarh
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Maxindia (12) Current board members from MCA filings, including designation and appointment details.

P
Piyush Soni
Company Secretary | Since 2023-07-01
M
Malini Thadani
Director | Since 2024-12-01 | DIN: 01516555
S
Sahil Vachani
Director | Since 2018-05-25 | DIN: 00761695
H
Hideaki Nomura
Director | Since 2020-12-08 | DIN: 05304525
M
Mitsuru Yasuda
Director | Since 2020-12-08 | DIN: 08785791
A
Amrit Singh
CFO | Since 2022-05-01

Financial Performance of Maxindia Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▼ -0.2%
P&L ₹100–500 Cr ▲ 3.4%
EBITDA ₹100–500 Cr ▲ 10.7%
Net worth ₹1000+ Cr ▲ 36.4%

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Charges of Maxindia Open and satisfied charges registered against the company with MCA.

Indusind Bank Ltd. : 80.00 cr
Hdfc Bank Limited : 30.00 cr
Kotak Mahindra Bank Limited : 25.00 cr
Yes Bank Limited : 25.00 cr
Open Charges: 2 Satisfied Charges: 36
Open -
Satisfied 524.31 cr
LenderAmountStatus
Indusind Bank Ltd.
Creation Date: 05 Mar 2014
 20.00 cr Closed
Hdfc Bank Limited
Creation Date: 01 Mar 2013
 30.00 cr Closed
Kotak Mahindra Bank Limited
Creation Date: 22 Jun 2010
 25.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Professional, Scientific and TechnicalManagement consultancy activities77.5
Financial and insurance ServiceActivities by Trusts, funds and other financial holding companies22.5

Companies With Common Directors Of Maxindia Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Max Estates Limited 2 Shared Directors
Access Development Services 1 Shared Director
Au Small Finance Bank Limited 1 Shared Director
Axis Max Life Insurance Limited 1 Shared Director
Hometrail Properties Private Limited 1 Shared Director
Icare Health Projects And Research Private Limited 1 Shared Director
Lighthouse Communities Foundation 1 Shared Director
Max Estates Developers Limited 1 Shared Director
Max Estates Gurgaon Two Limited 1 Shared Director
Max Estates Noida Two Limited 1 Shared Director
Max Financial Services Limited 1 Shared Director
Max Skill First Limited 1 Shared Director
Max Ventures And Industries Limited 1 Shared Director
Max Ventures Investment Holdings Private Limited 1 Shared Director
Max Ventures Private Limited 1 Shared Director
Mirae Asset Investment Managers (India) Private Limited 1 Shared Director
Piveta Estates Private Limited 1 Shared Director
Siva Finvest Private Limited 1 Shared Director
Siva Realty Ventures Private Limited 1 Shared Director
Southend Houses Private Limited 1 Shared Director
Trophy Estates Private Limited 1 Shared Director
Tvp Investments Private Limited 1 Shared Director
Twiggy Ventures Private Limited 1 Shared Director
Vitasta Estates Private Limited 1 Shared Director
Vstar Ventures Llp 1 Shared Director
Wegmans Business Park Private Limited 1 Shared Director
Wotr Consulting Forum 1 Shared Director

Financial Ratios of Maxindia Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

12 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Maxindia Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Maxindia EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Maxindia GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Maxindia Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Maxindia MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Maxindia Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Maxindia Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Maxindia Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Maxindia?
MCA does not publish an "owner" field. Maxindia is run by its directors, Piyush Soni, Malini Thadani, Sahil Vachani and nine others. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Maxindia?
Maxindia has 12 current directors: Piyush Soni (since July 2023), Malini Thadani (since December 2024), Sahil Vachani (since May 2018), Hideaki Nomura (since December 2020), Mitsuru Yasuda (since December 2020) and Amrit Singh (since May 2022), plus 6 more.
What is CIN of Maxindia?
The CIN of Maxindia is L24223HR1988PLC145368. Reading it left to right: L means it is listed, 24223 is the industry code it registered under, HR is Haryana, 1988 is the year it was registered, PLC is the company type and 145368 is its registration number.
When was Maxindia incorporated?
Maxindia was incorporated on 24 February 1988 with ROC Chandigarh. That makes it more than 38 years old.
What is the registered address of Maxindia?
The registered office on MCA records is Bhai Mohan Singh Nagar, Rail Majra, Tehsil Balachaur, Distt. Nawanshahr, Punjab - 144533.
What is the current status of Maxindia?
MCA shows Maxindia as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Maxindia?
You can post to its registered office at Bhai Mohan Singh Nagar, Rail Majra, Tehsil Balachaur, Distt. Nawanshahr, Punjab - 144533 and use its website, https://maxfinancialservices.com.
What industry or business activity is Maxindia associated with?
Its MCA filings list the main business as management consultancy activities (77.5% of turnover).
What is paid-up capital and authorised share capital of Maxindia?
Paid-up capital is ₹69.02 crore and authorised capital is ₹70 crore, so about 99% of the authorised amount has been issued.
When did Maxindia last file accounts and hold an AGM?
The last AGM on record was on 18 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Maxindia?
Two charges against Maxindia are still open and 36 have been satisfied. Lenders named in the filings include Indusind Bank Ltd., Hdfc Bank Limited and Kotak Mahindra Bank Limited.
Have any directors left Maxindia?
Yes, 35 former directors are on record. The most recent to leave were Gauri Padmanabhan (October 2024), Mandeep Mehta (April 2022) and Jatin Khanna (September 2021).
Which companies share directors with Maxindia?
27 companies share directors with Maxindia. Among them are Max Estates Limited, Access Development Services, Au Small Finance Bank Limited and 24 more.
What is the turnover or revenue of Maxindia?
Based on filed financial statements, the revenue of Maxindia for FY 2025 was in the ₹1000+ Cr range. That is down 0.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Maxindia?
For FY 2025, the net worth of Maxindia was in the ₹1000+ Cr range.
How can I get the financial details of Maxindia?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Maxindia?
The website on record for Maxindia is https://maxfinancialservices.com.
Which company owns maxfinancialservices.com?
maxfinancialservices.com is the website listed for Max Financial Services Limited in its company records.
Is Maxindia registered with any stock exchange in India?
It is listed on both BSE (scrip code 500271) and NSE (symbol MFSL).
Maxindia - is it listed or unlisted?
Maxindia is a listed company, and its CIN starts with L.
What is the ROC code of Maxindia?
Maxindia is registered with ROC Chandigarh.
What is the company classification of Maxindia?
MCA classifies Maxindia as: Public Limited Indian Non-Government Company.
Does Maxindia have subsidiaries?
Yes, one subsidiary is on record for Maxindia.
Does Maxindia have GST registrations on file?
Yes, 3 active GST registrations are linked to Maxindia, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.