
About Elixar Systems Private Limited
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Elixar Systems Private Limited is a private limited company based in Kota, Rajasthan, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2019PTC065199. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹70,000 and a paid-up capital of ₹20,000. It is led by directors including Ahmad Faraaz (Managing Director) and Harshit Awasthi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No B – 46 Benchmark Township Behind Mahalaxmi Puram Baran Road, Kota, Rajasthan, India – 324001.
As per the financials filed for FY 2022, the company reported a revenue of ₹52.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹90.35 Lakh (net margin -173.5%) and EBITDA of -₹48.19 Lakh (EBITDA margin -92.5%).
The company is associated with 2 brands: Kalam Labs and Elixar Systems. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2019. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 5 overdue payments to 2 micro and small suppliers.
For more details, the company can be reached via its website elixarsystems.com.
Company details
Recognitions & Rankings of Elixar Systems
Contact details
Elixar Systems Private Limited's registered office is in Kota, Rajasthan. Its website is elixarsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHouse No B – 46 Benchmark Township Behind Mahalaxmi Puram Baran Road, Kota, Rajasthan, India – 324001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Elixar Systems Private Limited, buy the company report.
- 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
Brands
Elixar Systems operates two associated brands: Kalam Labs and Elixar Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Educational programs in drone technology and aerial robotics are provided. | kalamlabs.in | |
| AR and VR services are provided by Elixar Systems. | elixarsystems.com |
Financials of Elixar Systems Private Limited
FY 2025 filings availableElixar Systems Private Limited reported revenue of ₹52.08 Lakh (up 510% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 510% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹52.08 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | -₹48.19 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹90.35 Lakh | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -92.5% | ||
| Net Profit Margin | -173.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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To see the full financial statements and ratios of Elixar Systems Private Limited, buy the company report.
Board of directors of Elixar Systems Private Limited
Elixar Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshit Awasthi Also directs: Volderaven Private Limited | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Sashakt Tripathi Also directs: Stratoelixar Planes Private Limited, Volderaven Private Limited | Director | 07 Jun 2019 | 7 Years 4 Months | Current |
| Ahmad Faraaz Also directs: Stratoelixar Planes Private Limited, Volderaven Private Limited | Managing Director | 07 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Elixar Systems Private Limited is audited by S R G A & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R G A & Co. | FY 2022 | 011984N |
Shareholding
The shareholding of Elixar Systems Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Elixar Systems Private Limited, buy the company report.
Deals & funding
Elixar Systems Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Elixar Systems 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
Elixar Systems Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ace Payxpress Services Private Limited | |||
| Srga & Co. |
To see the full MSME payment records of Elixar Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Elixar Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Elixar Systems Private Limited, buy the company report.
Recent activity
Elixar Systems Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Ahmad Faraaz ceased to be Director on 21 May 2020.
Frequently asked questions
Elixar Systems is an active private limited company based in Kota, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2019 (7+ years old) and is registered under CIN U72900RJ2019PTC065199.
Elixar Systems has 3 current directors:
- Ahmad Faraaz - Managing Director
- Harshit Awasthi - Director
- Sashakt Tripathi - Director
The latest financial statements of Elixar Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
No. Elixar Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Elixar Systems is U72900RJ2019PTC065199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elixar Systems was incorporated on 07 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
Elixar Systems has 1 deal on record (1 secondary share transfer); the latest was in September 2019.
Ahmad Faraaz ceased to be Director on 21 May 2020. Shubham Gupta ceased to be Director on 14 May 2020. Harshit Awasthi was appointed as Director on 28 Aug 2019. Elixar Systems has 6 board changes on record in total.
Yes, Elixar Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Elixar Systems has 3 MSME Form 1 returns on record between 2022 and 2023, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Elixar Systems can be reached through the website elixarsystems.com. Its registered office is in Kota, Rajasthan, India.

