Axon Ventures Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN L65999MH1982PLC027945 Incorporated 07 August 1982 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Listed Public Limited Company financial services
Data last updated
Revenue · FY 2019
₹3.24 Cr
▲ 57% YoY
Net loss · FY 2019
₹59.02 Lakh
Net margin -18.2%
EBITDA · FY 2019
-₹58.72 Lakh
EBITDA margin -18.1%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.64 Cr
Issued & subscribed
Company age
44 yrs
Est. 1982
Directors on board
5
As per MCA filings
GST registrations
1
None active

About Axon Ventures Limited

Data last updated:

Axon Ventures Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 August 1982.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L65999MH1982PLC027945. The company has 1 GST registration on record, which is no longer active. It is a listed company.

The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.64 Cr. It was formerly known as Axon Finance Limited and Aesthetic Investments Limited. It was led by directors including Tanu Giriraj Agarwal (Managing Director) and Hitendrakumar Kanjibhai Parmar.

Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at E – 109 Crystal Plaza New Link Road Opp. Infiniti Mall Andheri (West), Mumbai, Maharashtra, India – 400053.

As per the financials filed for FY 2019, the company reported a revenue of ₹3.24 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹59.02 Lakh (net margin -18.2%) and EBITDA of -₹58.72 Lakh (EBITDA margin -18.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.

Court records list 1 case involving the company, including 1 filed by the company. The company has 267 deals on record (267 market trades); the latest was in May 2014. Its 10 peer companies in the BFSI industry (Broking Services, Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Sanwaria Vincomm Private Limited with revenue of ₹3.25 Cr.

The last known website on record is axonfinance.wordpress.com.

Company Details of Axon Ventures Limited
CIN L65999MH1982PLC027945
Registration Number 027945
Incorporation Date 07 August 1982
ROC Mumbai
Listing Status Listed
Company Status Amalgamated
Date of Last AGM 25 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Name History of Axon Ventures Limited

Axon Ventures has undergone 3 name changes throughout its history. The company was previously known as Axon Finance Limited, Aesthetic Investments Limited, and Axon Infotech Limited. The current legal name is Axon Ventures Limited.

Company NameStatus
Axon Ventures LimitedCurrent
Axon Finance LimitedPrevious
Aesthetic Investments LimitedPrevious
Axon Infotech LimitedPrevious

CIN History of Axon Ventures Limited

Axon Ventures has one previous CIN (Corporate Identification Number): L65990MH1982PLC027945. The current CIN is L65999MH1982PLC027945, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65999MH1982PLC027945Current
L65990MH1982PLC027945Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    E – 109 Crystal Plaza New Link Road Opp. Infiniti Mall Andheri (West), Mumbai, Maharashtra, India – 400053
  • Industry
    Financial Services, Brokerage & Trading Services
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Financials, compliance, directors, charges, ownership and filings for Axon Ventures Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Axon Ventures Limited

The main business activities of Axon Ventures are financial and insurance service and trade. In detail, this covers financial advisory, brokerage and consultancy services and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy ServicesLocked
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Axon Ventures Limited FY 2019 filings available

Axon Ventures Limited reported revenue of ₹3.24 Cr (up 57% YoY) for FY 2019.

Revenue · FY 2019
₹3.24 Cr ▲ 57%
Net loss · FY 2019
₹59.02 Lakh margin -18.2%
EBITDA · FY 2019
-₹58.72 Lakh margin -18.1%

Compounded Annual Growth Rate (CAGR) of Axon Ventures Limited

Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 817%
3 years · compounded
▼ 343%

Revenue rose 57% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 817% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Axon Ventures Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹3.24 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹58.72 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹59.02 Lakh••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Axon Ventures Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-18.1%••••••••••••••••
Net Profit Margin-18.2%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axon Ventures are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Axon Ventures Limited

Axon Ventures has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Hitendrakumar Kanjibhai ParmarDirector12 Aug 20197 Years 2 MonthsAs last reported
Girraj Kishor AgrawalDirector21 Dec 200916 Years 10 MonthsAs last reported
Hardikkumar Bharatbhai KabariyaDirector27 May 201610 Years 4 MonthsAs last reported
Tanu Giriraj AgarwalManaging Director13 Oct 201610 Years 0 MonthsAs last reported
Zubin Jasi PardiwalaDirector21 Dec 200916 Years 10 MonthsAs last reported

Peer Comparison of Axon Ventures Limited

Axon Ventures Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services, Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sanwaria Vincomm Private Limited₹3.25 Cr (FY 2024)••••••••251.0%••••Thakurpukur Mahestola, West Bengal, India
Sonali Manufacturing Private Limited₹3.24 Cr (FY 2025)••••••••-65.0%••••Palta, West Bengal, India
Manifab Weaves Private Limited₹3.24 Cr (FY 2024)••••••••-30.0%••••Surat, Gujarat, India
Sukh Shanti Holdings Private Limited₹3.24 Cr (FY 2025)••••••••-10.0%••••New Delhi, Delhi, India
Blaze Polypacks (India) Private Limited₹3.24 Cr (FY 2024)••••••••436334.0%••••Kozhikode, Kerala, India
Axon Ventures Limited this company₹3.24 Cr (FY 2019)••••••••57.0%••••Mumbai, Maharashtra, India
Mech Industries Pvt Ltd₹3.24 Cr (FY 2025)••••••••820.0%••••Kolkata, West Bengal, India
Sri Singhal Foams Private Limited₹3.23 Cr (FY 2025)••••••••-51.0%••••Patna, Bihar, India
A.M. Home Decors Private Limited₹3.23 Cr (FY 2025)••••••••9.0%••••Panipat, Haryana, India
Sri Vettri Export Private Limited₹3.23 Cr (FY 2024)••••••••166.0%••••Tirupur, Tamil Nadu, India
Shree Tisai Securities Private Limited₹3.23 Cr (FY 2025)••••••••18.0%••••Kalyan, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Axon Ventures by revenue in the BFSI industry (Broking Services, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Axon Ventures Limited

Axon Ventures Limited is audited by Pravin Chandak & Associates for the financial year 2019.

NameStatusAppointment DateCessation Date
Pravin Chandak & AssociatesLockedLockedLocked
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Ownership and Shareholding of Axon Ventures Limited

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Charges & Borrowings of Axon Ventures Limited

Axon Ventures Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Axon Ventures Limited

Axon Ventures Limited has 267 deals on record (267 market trades); the latest was in May 2014.

Total deals
267
Market trades
267

Deals on record (5 of 267)

WhenDealAmountParties
May 2014Market trade₹25.5 LakhBuyer: Samskara Sales Agency Private Limited
Seller: Perfect Corporate Services Limited
May 2014Market trade₹27 LakhBuyer: Garth Mercantile Private Limited , an individual
Seller: Perfect Corporate Services Limited
May 2014Market trade₹24.7 LakhBuyer: Isairis Trading Private Limited , Olympia Multitrading Private Limited
Seller: Perfect Corporate Services Limited
Dec 2012Market trade₹40.4 LakhBuyer: VRP Financial Services Private Limited , an individual
Seller: VRP Financial Services Private Limited , an individual
Nov 2012Market trade₹6.9 LakhSeller: VRP Financial Services Private Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Axon Ventures Limited

Employment history and EPFO contributions of people linked to Axon Ventures.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Axon Ventures Limited

Axon Ventures Limited has 25 board changes on record since 2003: 15 appointments and 10 cessations. The latest: Geeta Manish Gupta ceased to be CFO on 14 Nov 2019.

Ceased
Geeta Manish Gupta ceased to be CFO.
AGM
Axon Ventures Limited last Annual general meeting of members was held on 25 Sep 2019 as per latest MCA records.
Ceased
Anubhav Srinath Maurya ceased to be Additional Director.
Appointed
Hitendrakumar Kanjibhai Parmar was appointed as Director.
Filing
Axon Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Appointed
Anubhav Srinath Maurya was appointed as Additional Director.
Appointed
Geeta Manish Gupta was appointed as CFO.
Ceased
Prajna Prakash Naik ceased to be Company Secretary.
Ceased
Seema Sidhu ceased to be Director.
Ceased
Swati Digamber Shinde ceased to be Director.
Appointed
Tanu Giriraj Agarwal was appointed as Managing Director.
Appointed
Hardikkumar Bharatbhai Kabariya was appointed as Director.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Axon Ventures Limited

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MSME Payment Delays by Axon Ventures Limited

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Subsidiaries & Group Companies of Axon Ventures Limited

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Corporate group structure

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GST Compliance of Axon Ventures Limited

Axon Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Axon Ventures Limited

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Frequently Asked Questions about Axon Ventures Limited

Axon Ventures has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Axon Ventures was a public limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 07 August 1982 and is registered under CIN L65999MH1982PLC027945. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Axon Ventures was incorporated on 07 August 1982. It is registered with the Registrar of Companies, Mumbai.

Axon Ventures had 5 directors:

The CIN (Corporate Identification Number) of Axon Ventures is L65999MH1982PLC027945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Axon Ventures is a listed company.

The registered office of Axon Ventures is at E – 109 Crystal Plaza New Link Road Opp. Infiniti Mall Andheri West, Mumbai, Maharashtra, India – 400053.

Axon Ventures can be reached through the website axonfinance.wordpress.com. Its registered office is in Mumbai, Maharashtra, India.

Axon Ventures reported revenue of ₹3.24 Cr for FY 2019 (up 57% YoY).

Axon Ventures has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.64 Cr.

Axon Ventures reported a net loss of ₹59.02 Lakh (net margin -18.2%) and EBITDA of -₹58.72 Lakh (EBITDA margin -18.1%) for FY 2019, as per its filed financial statements.

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