Max India Limited
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Healthcare |
| Founded 📆 | 2015 |
| Founder 👔 | Analjit Singh |
| Headquarters 🏙️ | Max House, New Delhi, India |
Area served 🗺️ | India |
Key people | Mohit Talwar (managing director) |
| Products 📟 | |
| Revenue🤑 |  US$526 million[1] (2019) |
| Owner | Max Group |
| Members | |
Number of employees | |
| Subsidiaries |
|
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Max India Limited is an Indian company headquartered in New Delhi, India.[2] It is a subsidiary of Max Group, and is a holding company of the group's healthcare and independent senior living businesses, which include Max Bupa, Max Healthcare, and Antara Senior Living.[3][4]
In November 2019, Max India brought all its healthcare businesses under Max Healthcare, in which Radiant Life Care, backed by investment firm Kohlberg Kravis Roberts, holds a majority stake of 49.7%.[5][6] The company sold a 51% stake in Max Bupa to Chicago-based True North Venture Partners in March 2019.[7][8] In February 2020, Max India posted a profit of ₹367 crore.[9] The current managing director is Mohit Talwar.[10]
History[edit]
Max India was the name of the company Analjit Singh inherited from his father Bhai Mohan Singh, founder of Indian pharmaceutical company Ranbaxy Laboratories, in 1985.[11] It was later subsumed under the Max Group. The current company, carrying the same name as the original founding company of the group, was formed as a result of a 2015 demerger, in which three separate listed companies were created under the group.[12] The other two companies formed by the demerger are Max Financial Services and Max Ventures and Industries.[13][14]
Subsidiaries[edit]
Max India's subsidiaries operate in the fields of healthcare, wellness, and independent senior living.
- Max Bupa (life insurance)
- Max Healthcare (hospitals)
- Antara Senior Living[15] (independent senior living)
- Max India Foundation (the philanthropic arm of the company)[16]
References[edit]
- ↑ https://www.maxindia.com/wp-content/uploads/2019/07/Max-India-AR-2018-19.pdf
- ↑ Kumar, Arun (11 February 2019). "Analjit Singh set to be Max India & Life non-executive chairman" – via The Economic Times.
- ↑ "Antara - How Analjit Singh's Daughter is Building a New Address for Senior Citizens | Forbes India Blog". Forbes India.
- ↑ "Max India sells its stake in Max Bupa but policyholders needn't worry". Livemint. 3 December 2019.
- ↑ India, Press Trust of (5 November 2019). "Max India gets nod to merge Max Healthcare, demerge residual business" – via Business Standard.
- ↑ "Shareholders Of Max India Approve Merger Of Max Healthcare With Radiant". BloombergQuint.
- ↑ Anirudh Laskar (13 December 2018). "Max India to sell entire Max Bupa stake to True North". Livemint.com. Retrieved 1 May 2020.
- ↑ "Max India gets shareholders' nod for stake sale in health insurance biz". Businesstoday.in. 24 May 2019. Retrieved 1 May 2020.
- ↑ "Max India posts Q3 net profit of Rs 367 crore". 8 February 2020 – via The Economic Times.
- ↑ "IRDAI nod for Max stake sale in venture with Bupa". The Hindu. 3 December 2019. Retrieved 1 May 2020.
- ↑ "Max India: KKR set to back Max India promoter Analjit Singh with Rs 2,000-crore liquidity infusion - The Economic Times". Economictimes.indiatimes.com. 22 January 2018. Retrieved 1 May 2020.
- ↑ "Max India gets court approval for demerger - The Economic Times". Economictimes.indiatimes.com. Retrieved 1 May 2020.
- ↑ "Max India to venture into new verticals after divesting insurance, healthcare business". The Financial Express. 29 April 2019. Retrieved 1 May 2020.
- ↑ "Max India gets court approval for demerger - The Economic Times". Economictimes.indiatimes.com. Retrieved 1 May 2020.
- ↑ Hussain, Shabana (27 June 2014). "Antara - How Analjit Singh's Daughter is Building a New Address for Senior Citizens | Forbes India Blog". Forbesindia.com. Retrieved 1 May 2020.
- ↑ Our Correspondent. "Max India Foundation: A decade of caring for life". The Sunday Guardian Live. Retrieved 1 May 2020.
External links[edit]
- Official website
- Business data for Max India Limited: Google Finance
- Yahoo! Finance
- Bloomberg
- Reuters
- SEC filings
| Founder |  | |
|---|---|---|
| Holding companies | ||
| Subsidiaries | ||
This article "Max India" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Max India. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
