Startup India Government of India
Kaiross Xchange Limited
Kaiross Xchange Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹32,426
▼ 15% YoY
Net profit · FY 2022
₹5,514
Net margin 17%
EBITDA · FY 2022
₹5,514
EBITDA margin 17%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Last financials
Mar 2022
Balance sheet date
About Kaiross Xchange Limited
Data last updated:
Kaiross Xchange Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 10 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PLC300662.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Amit Navin Shah and Hirachand Nemichand Bafna.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 21 – A 1st Floor Plot No – 47/51 Soni Bhavan Kalbadevi Road Tambakanta, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2022, the company reported a revenue of ₹32,426, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹5,514 (net margin 17%) and EBITDA of ₹5,514 (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999MH2017PLC300662
Registration Number 300662
Incorporation Date 10 October 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Amit Navin Shah Director Hirachand Nemichand Bafna Director Kishor Subhashchandra Mundargi Director Recognitions & Rankings of Kaiross Xchange
Contact details
Kaiross Xchange Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address21 – A 1st Floor Plot No – 47/51 Soni Bhavan Kalbadevi Road Tambakanta, Mumbai, Maharashtra, India – 400002
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Kaiross Xchange Limited, buy the company report.
Comprehensive company report
Kaiross Xchange Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Kaiross Xchange is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Kaiross Xchange Limited, buy the company report.
Financials of Kaiross Xchange Limited
FY 2022 filings availableKaiross Xchange Limited reported revenue of ₹32,426 (down 15% YoY) for FY 2022.
Revenue · FY 2022
₹32,426 ▼ 15%
Net profit · FY 2022
₹5,514 margin 17%
EBITDA · FY 2022
₹5,514 margin 17%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 158%
3 years · compounded
▲ 40%
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 158% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹32,426 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5,514 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,514 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 17% | ||||
| 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 | |||||
To see the full financial statements and ratios of Kaiross Xchange Limited, buy the company report.
Board of directors of Kaiross Xchange Limited
Kaiross Xchange has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Navin Shah Also directs: Bluepeak Consultancy LLP | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
| Hirachand Nemichand Bafna Also directs: World Water Fun Resorts Limited | Director | 10 Oct 2017 | 9 Years 0 Months | Current |
| Kishor Subhashchandra Mundargi | Director | 10 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Kaiross Xchange Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raos Infotech Private Limited | ₹32,509 (FY 2023) | 333.0% | Bengaluru, Karnataka, India | |||
| Sata Path Professionals Private Limited | ₹32,500 (FY 2023) | -10.0% | Berhampur, Odisha, India | |||
| Implicit Marketing Private Limited | ₹32,500 (FY 2016) | Bhopal, Madhya Pradesh, India | ||||
| Empire Events Private Limited | ₹32,489 (FY 2019) | 123.0% | New Delhi, Delhi, India | |||
| Trilon Apps Private Limited | ₹32,476 (FY 2024) | 24.0% | Bengaluru, Karnataka, India | |||
| Kaiross Xchange Limitedthis company | ₹32,426 (FY 2022) | ₹5,514 | 17% | -15.0% | Mumbai, Maharashtra, India | |
| Adam's Genetics Private Limited | ₹32,400 (FY 2024) | -54.0% | Kanpur, Uttar Pradesh, India | |||
| A3 Autwaytech Private Limited | ₹32,300 (FY 2019) | Bangalore, Karnataka, India | ||||
| Lynoc Software Export & Research Private Limited | ₹32,300 (FY 2022) | -85.0% | New Delhi, Delhi, India | |||
| Raisin Tradecom Private Limited | ₹32,280 (FY 2024) | 20.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kaiross Xchange Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kaiross Xchange 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 Kaiross Xchange Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kaiross Xchange Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kaiross Xchange Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Amit Navin Shah ceased to be Additional Director on 30 Sep 2020.
AGM
Kaiross Xchange Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.
Filing
Kaiross Xchange Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Amit Navin Shah ceased to be Additional Director.
Ceased
Alpesh Vinaychandra Sangoi ceased to be Director.
Appointed
Amit Navin Shah was appointed as Director.
Appointed
Hirachand Nemichand Bafna was appointed as Director.
Appointed
Kishor Subhashchandra Mundargi was appointed as Director.
Incorporation
10 Oct 2017
Kaiross Xchange Limited was registered on 10 Oct 2017 with Roc Mumbai & aged 9 years 17 days as per MCA records.
Frequently asked questions
Kaiross Xchange is an active public limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 10 October 2017 (9+ years old) and is registered under CIN U74999MH2017PLC300662.
Kaiross Xchange has 3 current directors:
- Amit Navin Shah - Director
- Hirachand Nemichand Bafna - Director
- Kishor Subhashchandra Mundargi - Director
The latest financial statements of Kaiross Xchange on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Kaiross Xchange is U74999MH2017PLC300662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kaiross Xchange was incorporated on 10 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kaiross Xchange by revenue are Raos Infotech Private Limited, Sata Path Professionals Private Limited, Implicit Marketing Private Limited, Empire Events Private Limited, Trilon Apps Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Amit Navin Shah ceased to be Additional Director on 30 Sep 2020. Alpesh Vinaychandra Sangoi ceased to be Director on 13 Aug 2020. Amit Navin Shah was appointed as Director on 13 Aug 2020. Kaiross Xchange has 5 board changes on record in total.
Yes, Kaiross Xchange is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Kaiross Xchange is at 21 – A 1st Floor Plot No – 4751 Soni Bhavan Kalbadevi Road Tambakanta, Mumbai, Maharashtra, India – 400002.
Kaiross Xchange operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Kaiross Xchange is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.