Ax2 Technologies Private Limited
About Ax2 Technologies Private Limited
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Ax2 Technologies Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019FTC132548. Its GSTIN is 33AASCA9259Q1ZN (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Marc Avi Preston and Rajaneesh Madanagopala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Primus Building Door No: Sp – 7A 1st And 2nd Floor Guindy Industrial Estate Chennai – 6000, 32., Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.47 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹42.83 Lakh (net margin 7.8%) and EBITDA of ₹58.73 Lakh (EBITDA margin 10.7%).
Company details
Contact details
Ax2 Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPrimus Building Door No: Sp – 7A 1st And 2nd Floor Guindy Industrial Estate Chennai – 6000, 32., Tamil Nadu, India – 600032
- IndustryInformation Technology, IT Consulting & Support Services
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- 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 Ax2 Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ax2 Technologies Private Limited, buy the company report.
Financials of Ax2 Technologies Private Limited
FY 2024 filings availableAx2 Technologies Private Limited reported revenue of ₹5.47 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA fell 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹58.73 Lakh | ||||
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| Net Profit (PAT) | ₹42.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Ax2 Technologies Private Limited, buy the company report.
Board of directors of Ax2 Technologies Private Limited
Ax2 Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marc Avi Preston | Director | 14 Nov 2019 | 7 Years 0 Months | Current |
| Rajaneesh Madanagopala Also directs: Haddock Technology Private Limited | Director | 14 Nov 2019 | 7 Years 0 Months | Current |
Peer comparison
Ax2 Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gigacom Semiconductor Private Limited | ₹5.48 Cr (FY 2019) | 37.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Dap E-Nnovative Solutions Private Limited | ₹5.48 Cr (FY 2024) | -12.0% | Bangalore, Karnataka, India | |||
| Datadriven Technologies Private Limited | ₹5.48 Cr (FY 2025) | -14.0% | Delhi, India | |||
| Ax2 Technologies Private Limitedthis company | ₹5.47 Cr (FY 2024) | ₹42.83 Lakh | 7.8% | -15.0% | Chennai, Tamil Nadu, India | |
| Northakross Technologies Private Limited | ₹5.47 Cr (FY 2024) | -10.0% | Mumbai, Maharashtra, India | |||
| Latitude Technolabs Private Limited | ₹5.47 Cr (FY 2024) | 5.0% | Ahmedabad, Gujarat, India | |||
| VNBR Consulting Services India Private Limited | ₹5.46 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ax2 Technologies Private Limited, buy the company report.
Auditor
Ax2 Technologies Private Limited is audited by E HEMANADHAN & K. SRIDHAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E HEMANADHAN & K. SRIDHAR | FY 2023 | 205593 |
Shareholding
The shareholding of Ax2 Technologies Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ax2 Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ax2 Technologies 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 Ax2 Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ax2 Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AASCA9259Q1ZN | Tamil Nadu | Active | 11 Dec 2019 |
To see the full GST registrations and return filing status of Ax2 Technologies Private Limited, buy the company report.
Recent activity
Ax2 Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Marc Avi Preston was appointed as Director on 14 Nov 2019.
Frequently asked questions
Ax2 Technologies is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 November 2019 (7+ years old) and is registered under CIN U72900TN2019FTC132548.
Ax2 Technologies has 2 current directors:
- Marc Avi Preston - Director
- Rajaneesh Madanagopala - Director
The latest financial statements of Ax2 Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ax2 Technologies is 33AASCA9259Q1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ax2 Technologies is U72900TN2019FTC132548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ax2 Technologies was incorporated on 14 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ax2 Technologies by revenue are Gigacom Semiconductor Private Limited, Dap E-Nnovative Solutions Private Limited, Datadriven Technologies Private Limited, Northakross Technologies Private Limited, Latitude Technolabs Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Marc Avi Preston was appointed as Director on 14 Nov 2019. Rajaneesh Madanagopala was appointed as Director on 14 Nov 2019.
The registered office of Ax2 Technologies is at Primus Building Door No: Sp – 7A 1st And 2nd Floor Guindy Industrial Estate Chennai – 6000, 32., Tamil Nadu, India – 600032.
Ax2 Technologies operates in the information technology industry, in the IT consulting and support services segment.
Ax2 Technologies can be reached at its registered office: Primus Building Door No: Sp – 7A 1st And 2nd Floor Guindy Industrial Estate Chennai – 6000, 32, Tamil Nadu, India – 600032.
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