About Excitel Private Limited
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Excitel Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Excitel International B.V.. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 07 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63090DL2015PTC275112. Its GSTIN is 07AADCE8572F1ZI (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.56 Cr. It is led by directors including Plamen Valentinov Petkov and Nikolai Dimitrov Gorchilov.
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 Plot No 48 Second Floor Okhla Industrial Estates Phase III, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.79 Lakh (net margin 65.8%) and EBITDA of ₹29.65 Lakh (EBITDA margin 72.8%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 29% over five years.
The company is associated with 1 brand: Excitel. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excitel.com.
Company details
Contact details
Excitel Private Limited's registered office is in New Delhi, Delhi. Its website is excitel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No 48 Second Floor Okhla Industrial Estates Phase III, New Delhi, Delhi, India – 110020
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Excitel 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
Excitel operates one associated brand: Excitel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-speed unlimited fiber-optic internet services are offered in India. | excitel.com |
Business activity
The main business activity of Excitel is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Excitel Private Limited, buy the company report.
Financials of Excitel Private Limited
FY 2025 filings availableExcitel Private Limited reported revenue of ₹40.7 Lakh (up 598% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 598% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 513% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹29.65 Lakh | ||||
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| Net Profit (PAT) | ₹26.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 72.8% | ||||
| Net Profit Margin | 65.8% | ||||
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To see the full financial statements and ratios of Excitel Private Limited, buy the company report.
Board of directors of Excitel Private Limited
Excitel has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Plamen Valentinov Petkov Also directs: Extreme Labs India Private Limited | Director | 07 Jan 2015 | 11 Years 9 Months | Current |
| Nikolai Dimitrov Gorchilov Also directs: Extreme Labs India Private Limited | Director | 07 Jan 2015 | 11 Years 9 Months | Current |
| Victor Eli Francess Also directs: Extreme Labs India Private Limited | Director | 10 Feb 2026 | 0 Years 8 Months | Current |
| Varun Pasricha Also directs: Bigidea Strategy LLP | Director | 10 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Excitel Private Limited is audited by S K VIJ & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K VIJ & ASSOCIATES | FY 2021 | 003915N |
Shareholding
The shareholding of Excitel Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Excitel Private Limited, buy the company report.
Deals & funding
Excitel Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Intertainment Services, JSCo Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Excitel Private Limited has 3 court cases on record: 2 filed by Excitel, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Commercial suit | Filed against the company by Netsarang Computer Inc and Anr | Disposed |
| District court, South East, Delhi | Commercial suit | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (C.A.(COMM.IPD-TM)) | Filed by the company against The Registrar of Trade Marks | Disposed |
To see the full case history of Excitel Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excitel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excitel has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCE8572F1ZI | Delhi | Active | 01 Jul 2017 |
| 08AADCE8572F1ZG | Rajasthan | Active | 25 Jul 2019 |
To see the full GST registrations and return filing status of Excitel Private Limited, buy the company report.
Recent activity
Excitel Private Limited has 13 board changes on record since 2015: 6 appointments and 7 cessations. The latest: Varun Pasricha was appointed as Director on 10 Feb 2026.
4 earlier events are in the company report.
News
Frequently asked questions
Excitel is an active private limited company based in New Delhi, Delhi, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 07 January 2015 (11+ years old) and is registered under CIN U63090DL2015PTC275112.
Excitel has 4 current directors:
- Plamen Valentinov Petkov - Director
- Nikolai Dimitrov Gorchilov - Director
- Victor Eli Francess - Director
- Varun Pasricha - Director
The latest financial statements of Excitel 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 2015 are in the company report.
The GSTIN of Excitel is 07AADCE8572F1ZI, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AADCE8572F1ZG (Rajasthan).
The CIN (Corporate Identification Number) of Excitel is U63090DL2015PTC275112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excitel has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Excitel was incorporated on 07 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Excitel has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
Varun Pasricha was appointed as Director on 10 Feb 2026. Victor Eli Francess was appointed as Director on 10 Feb 2026. Amandeep Singh ceased to be Additional Director on 29 Sep 2024. Excitel has 13 board changes on record in total.
Excitel can be reached through the website excitel.com. Its registered office is in New Delhi, Delhi, India.