Company CVAbout Max Financial Services Ltd 
Max Financial Services Ltd
Mid Cap
Insurance
Max Financial Services Limited was erstwhile incorporated as 'Max India Limited' on February 24, 1988, which subsequently was changed to Max Financial Services Limited on January 15, 2016. The Company, a part of the $5 billion Max Group, is the holding company for Max Life Insurance Company Limited. The Company owns and actively manages an 80.98% majority stake in Max Life Insurance , India's largest non-bank owned, private life insurance company.
Company Coordinates
Company Details
Bhai Mohan Singh Nagar, Railmajra Tehsil Balachaur Nawanshahr Punjab : 144533
Registrar Details
MAS Services Ltd, T-34 , 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi
Capital StructureCapital Structure
Present Equity Capital
INR 69.02 Cr
Number of Shares
34.51 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
08-Jul-2021
34.51
69.02
8003
2
Issued under ESOP Scheme
25-Apr-2021
34.51
69.02
16466
2
iSSUED UNDER esop sCHEME
22-Jan-2021
34.51
69.02
57710
2
Issued under ESOP Scheme
28-Nov-2020
34.5
69.01
75458088
2
Preferential Allotment
15-Apr-2020
26.96
53.91
65017
2
Allotment of Shares
10-Dec-2019
26.95
53.90
110750
2
Issued under ESOP Scheme
26-Mar-2019
26.94
53.89
53978
2
ESOP
18-Mar-2019
26.94
53.88
408308
2
ESOP
05-Apr-2018
26.84
53.68
31710
2
ESOP
01-Sep-2017
26.84
53.68
665000
2
ESOP
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
FIIs
Pledged Promoter Holdings
None
Mutual Funds
Held by 36 Schemes (38.66%)
FIIs
Held by 330 FIIs (44.78%)
Promoter with highest holding
Max Ventures Investment Holdings Private Limited (1.62%)
Highest Public shareholder
Mitsui Sumitomo Insurance Company Limited (21.86%)
Individual Investors Holdings
4.56%
Board of Directors
Management
Designation
Remuneration
Aman Mehta
Non-Exec. & Independent Dir.
36.0 lacs
Dinesh Kumar Mittal
Non-Exec. & Independent Dir.
35.0 lacs
Analjit Singh
Chairman (Non-Executive)
1.06 cr
Sahil Vachani
Non Executive Director
7.0 lacs
Jai Arya
Non-Exec. & Independent Dir.
31.0 lacs
Charles Richard Vernon Stagg
Non-Exec. & Independent Dir.
24.0 lacs
Hideaki Nomura
Director
0
Mitsuru Yasuda
Director
0
K Narasimha Murthy
Independent Director
29.0 lacs
Gauri Padmanabhan
Independent Director
2.0 lacs
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Income from Investment Activities - Profit on Sale of Investment
8.32
2.63%
Income from Investment Activities - Profit on Sale of Investment
Income from Investment Activities - Profit on Sale of Investment
Stock DNARevenue and Profits:
Net Sales:
9,792 Cr
(Quarterly Results - Sep 2025)
Net Profit:
4 Cr
Insurance
INR 57,738 Cr (Mid Cap)
356.00
23
0.00%
0.35
3.09%
11.00
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