As of March 2024, 50.94% is owned by Indian Promoters and 49.06% by Public.

Top five Promoters holding highest number of shares of Max India company are Max Ventures Investment Holdings Private Limited (180.50 lakhs shares / 41.81%), Siva Enterprises Private Limited (30.07 lakhs shares / 6.97%), Analjit Singh (8.72 lakhs shares / 2.02%), Tara Singh Vachani (20000 shares / 0.05%) and Piya Singh (22066 shares / 0.05%).