- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0060571

About Haxar Insurance Services Private Limited
Data last updated:
Haxar Insurance Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the health insurance providers segment of the financial services sector. It was incorporated on 09 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2019PTC319313. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.45 Cr and a paid-up capital of ₹2.36 Cr. It is led by directors Kanchana Viresh Kumar and Shashank Viresh Kumar.
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 101 – A Sandeep Sarovar Svp Nagar Four Bunglow Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.48 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹21.25 Lakh (net margin 8.6%) and EBITDA of ₹39.34 Lakh (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Haxar Insurance Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060571). For more details, the company can be reached via its website haxarinsurance.com.
Company details
Recognitions & Rankings of Haxar Insurance Services
Contact details
Haxar Insurance Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address101 – A Sandeep Sarovar Svp Nagar Four Bunglow Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Health Insurance Providers, General Insurance Providers
- 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 Haxar Insurance Services is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Haxar Insurance Services Private Limited, buy the company report.
Financials of Haxar Insurance Services Private Limited
FY 2025 filings availableHaxar Insurance Services Private Limited reported revenue of ₹2.48 Cr (up 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 78% growth in the latest year. EBITDA rose 274% 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 | ₹39.34 Lakh | ||||
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| Net Profit (PAT) | ₹21.25 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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| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 8.6% | ||||
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To see the full financial statements and ratios of Haxar Insurance Services Private Limited, buy the company report.
Board of directors of Haxar Insurance Services Private Limited
Haxar Insurance Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanchana Viresh Kumar Also directs: Restore Health Services (OPC) Private Limited | Director | 09 Jan 2019 | 7 Years 10 Months | Current |
| Shashank Viresh Kumar | Director | 09 Jan 2019 | 7 Years 10 Months | Current |
Peer comparison
Haxar Insurance Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (General Insurance, Health Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Safetynet Insurance Services Private Limited | ₹2.84 Cr (FY 2025) | 51.0% | Mumbai, Maharashtra, India | |||
| Haxar Insurance Services Private Limitedthis company | ₹2.48 Cr (FY 2025) | ₹21.25 Lakh | 8.6% | 78.0% | Mumbai, Maharashtra, India | |
| Kun Capital Finserv Imf Private Limited | ₹2.42 Cr (FY 2024) | 289.0% | Chennai, Tamil Nadu, India | |||
| Satabdi Insurance Broker Limited | ₹2.15 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Haxar Insurance Services Private Limited, buy the company report.
Legal cases
Haxar Insurance Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Tata Teleservices Limited | Disposed |
To see the full case history of Haxar Insurance Services 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 Haxar Insurance Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Haxar Insurance Services 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 Haxar Insurance Services Private Limited, buy the company report.
Recent activity
Haxar Insurance Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kanchana Viresh Kumar was appointed as Director on 09 Jan 2019.
Frequently asked questions
Haxar Insurance Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in health insurance providers, within the financial services industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U66000MH2019PTC319313.
Haxar Insurance Services has 2 current directors:
- Kanchana Viresh Kumar - Director
- Shashank Viresh Kumar - Director
The latest financial statements of Haxar Insurance Services 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 2019 are in the company report.
No. Haxar Insurance Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Haxar Insurance Services is U66000MH2019PTC319313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haxar Insurance Services has 1 court case on record: 1 filed against it.
Haxar Insurance Services was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Haxar Insurance Services by revenue are Safetynet Insurance Services Private Limited, Kun Capital Finserv Imf Private Limited, Satabdi Insurance Broker Limited, all in the BFSI industry (General Insurance, Health Insurance), with the same principal business activity (life/non-life insurance and reinsurance activities).
Kanchana Viresh Kumar was appointed as Director on 09 Jan 2019. Shashank Viresh Kumar was appointed as Director on 09 Jan 2019.
Yes, Haxar Insurance Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0060571).
Haxar Insurance Services can be reached through the website haxarinsurance.com. Its registered office is in Mumbai, Maharashtra, India.

