Saxo Group India Private Limited
About Saxo Group India Private Limited
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Saxo Group India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Saxo Bank A/S Denmark. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2018FTC072533. Its GSTIN is 06AAZCS8238G1ZN (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Andreas Janholt and Lotte Pind.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5th And 6th Floor Mlcp Tower It/Ites SEZ Gurgaon Infospace Ltd Sector 21 Village, Dundahera, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹492.52 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹52.21 Cr (net margin 10.6%) and EBITDA of ₹94.31 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 14% over five years.
The company has about 1,040 employees on its provident fund (EPFO) records.
Court records list 12 cases involving the company, including 12 filed against it; 2 cases are pending.
Company details
Contact details
Saxo Group India Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th And 6th Floor Mlcp Tower It/Ites SEZ Gurgaon Infospace Ltd Sector 21 Village, Dundahera, Haryana, India – 122016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Saxo Group India 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
Business activity
The main business activities of Saxo Group India are information and communication and support service to organizations. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Saxo Group India Private Limited, buy the company report.
Financials of Saxo Group India Private Limited
FY 2024 filings availableSaxo Group India Private Limited reported revenue of ₹492.52 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 2% growth in the latest year. EBITDA rose 1% 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 | ₹94.31 Cr | ||||
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| Net Profit (PAT) | ₹52.21 Cr | ||||
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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 | 19.1% | ||||
| Net Profit Margin | 10.6% | ||||
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To see the full financial statements and ratios of Saxo Group India Private Limited, buy the company report.
Board of directors of Saxo Group India Private Limited
Saxo Group India 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 |
|---|---|---|---|---|
| Andreas Janholt | Director | 05 Apr 2019 | 7 Years 7 Months | Current |
| Lotte Pind Also directs: Saxo India Private Limited | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Rahool Suhas Joshi Also directs: Saxo India Private Limited | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
| Rakhi Aswal | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Saxo Group India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366WW-100018 |
Shareholding
The shareholding of Saxo Group India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saxo Group India Private Limited, buy the company report.
Legal cases
Saxo Group India Private Limited has 12 court cases on record: 12 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Gurugram, Haryana | Court case (TRAFFIC) | Filed against the company by State of Haryana | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Saxo Group India 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 Saxo Group India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saxo Group India Private Limited has a workforce of 1,040 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Saxo Group India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAZCS8238G1ZN | Haryana | Active | 10 Feb 2018 |
To see the full GST registrations and return filing status of Saxo Group India Private Limited, buy the company report.
Recent activity
Saxo Group India Private Limited has 12 board changes on record since 2018: 4 appointments and 8 cessations. The latest: Rahool Suhas Joshi ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Saxo Group India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 February 2018 (8+ years old) and is registered under CIN U72900HR2018FTC072533.
Saxo Group India has 4 current directors:
- Andreas Janholt - Director
- Lotte Pind - Director
- Rahool Suhas Joshi - Director
- Rakhi Aswal - Director
The latest financial statements of Saxo Group India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Saxo Group India is 06AAZCS8238G1ZN, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saxo Group India is U72900HR2018FTC072533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saxo Group India has 12 court cases on record: 12 filed against it. 2 are pending.
Saxo Group India was incorporated on 10 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Rahool Suhas Joshi ceased to be Additional Director on 29 Sep 2024. Rakhi Aswal ceased to be Additional Director on 29 Sep 2024. Deepak Gupta ceased to be Director on 31 Jul 2024. Saxo Group India has 12 board changes on record in total.
The registered office of Saxo Group India is at 5th And 6th Floor Mlcp Tower ItItes SEZ Gurgaon Infospace Ltd Sector 21 Village, Dundahera, Haryana, India – 122016.
Saxo Group India operates in the information technology industry, in the IT consulting and support services segment.
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