Startup India Government of India
Agi Growth X Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹15.05 Cr
▲ 590% YoY
Net profit · FY 2023
₹96.78 Lakh
Net margin 6.4%
EBITDA · FY 2023
₹99.67 Lakh
EBITDA margin 6.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹2.17 Lakh
Issued & subscribed
Open charges
₹9.6 Cr
Satisfied ₹7.75 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
36
Provident fund records
About Agi Growth X Private Limited
Data last updated:
Agi Growth X Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93090GJ2017PTC162543. Its GSTIN is 24AAJCP4813A1ZV (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.17 Lakh. It was formerly known as Africare Business Ventures (India) Private Limited and Perzue Health Private Limited. It is led by directors Vivek Modi and Ranjeet Singh Rathore.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Navratna Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹96.78 Lakh (net margin 6.4%) and EBITDA of ₹99.67 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 730% over three years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Perzue. As per MCA filings, the company has open charges of ₹9.6 Cr and satisfied charges of ₹7.75 Cr on record.
Agi Growth X Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0036619). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website perzue.com.
Company details
CIN U93090GJ2017PTC162543
Registration Number 162543
Incorporation Date 13 October 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0036619
Name history
Agi Growth X has undergone 3 name changes throughout its history. The company was previously known as Africare Business Ventures (India) Private Limited, Perzue Health Private Limited, and Agi Growth X Private Limited. The current legal name is Agi Growth X Private Limited.
| Company Name | Status |
|---|---|
| Agi Growth X Private Limited | Current |
| Africare Business Ventures (India) Private Limited | Previous |
| Perzue Health Private Limited | Previous |
CIN history
Agi Growth X has one previous CIN (Corporate Identification Number): U93090UP2017PTC097833. The current CIN is U93090GJ2017PTC162543, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93090GJ2017PTC162543 | Current |
| U93090UP2017PTC097833 | Previous |
Recognitions & Rankings of Agi Growth X
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0036619
Contact details
Agi Growth X Private Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressNavratna Corporate Park Block B Office No 1903 19th Floor, Iscon Ambali Road, Ahmedabad, Gujarat, India – 380058
- IndustryBusiness Outsourcing, Business & IT Consulting, Business Process Outsourcing
Comprehensive company report
Agi Growth X Private 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
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Brands
Agi Growth X operates one associated brand: Perzue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers integrated HR consulting, marketing, IT, and other business services. | perzue.com |
Financials of Agi Growth X Private Limited
FY 2025 filings availableAgi Growth X Private Limited reported revenue of ₹15.05 Cr (up 590% YoY) for FY 2023.
Revenue · FY 2023
₹15.05 Cr ▲ 590%
Net profit · FY 2023
₹96.78 Lakh margin 6.4%
EBITDA · FY 2023
₹99.67 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 590%
3 years · compounded
▲ 730%
Revenue has grown at a compounded annual rate (CAGR) of 730% over three years, including 590% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹99.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.78 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 Agi Growth X Private Limited, buy the company report.
Board of directors of Agi Growth X Private Limited
Agi Growth X has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Modi | Director | 01 Feb 2022 | 4 Years 9 Months | Current |
| Ranjeet Singh Rathore | Director | 13 May 2025 | 1 Years 5 Months | Current |
Charges & borrowings
Open charges
₹9.6 Cr
Satisfied charges
₹7.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101176649 | Others | ₹9.6 Cr | Open | |
| 19 Sep 2024 | 100979485 | Hdfc Bank Limited | ₹6.25 Cr | Satisfied | |
| 21 May 2024 | 100929324 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Agi Growth X Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Agi Growth X 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
Agi Growth X Private Limited has 3 MSME Form 1 returns on record between 2022 and 2024, listing 34 overdue payments to 8 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 (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Thesaurus Advisors LLP | |||
| Atz Medappz Private Limited | |||
| Thoughtsol Infotech Limited | |||
| Darwinbox Digital Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Agi Growth X Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Agi Growth X has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP4813A1ZV | Gujarat | Active | 15 Sep 2023 |
| 09AAJCP4813A1ZN | Uttar Pradesh | Active | 08 Dec 2017 |
To see the full GST registrations and return filing status of Agi Growth X Private Limited, buy the company report.
Recent activity
Agi Growth X Private Limited has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Ranjeet Singh Rathore ceased to be Additional Director on 28 Sep 2025.
Charges
A charge with Others amounted to Rs. 9.60 Cr with Charge ID 101176649 was registered on 17 Oct 2025.
Charges
A charge registered on 21 May 2024 via Charge ID 100929324 with Hdfc Bank Limited was fully satisfied on 13 Oct 2025.
Charges
A charge registered on 19 Sep 2024 via Charge ID 100979485 with Hdfc Bank Limited was fully satisfied on 10 Oct 2025.
AGM
Agi Growth X Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Ranjeet Singh Rathore ceased to be Additional Director.
Appointed
Ranjeet Singh Rathore was appointed as Director.
Filing
Agi Growth X Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.25 Cr with Charge ID 100979485 was registered on 19 Sep 2024.
Ceased
Bharat Khirbat ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100929324 was registered on 21 May 2024.
Ceased
Varinder Singh ceased to be Additional Director.
Ceased
Vikram Jit Singh Arora ceased to be Additional Director.
5 earlier events are in the company report.
Frequently asked questions
Agi Growth X is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 October 2017 (9+ years old) and is registered under CIN U93090GJ2017PTC162543.
Agi Growth X has 2 current directors:
- Vivek Modi - Director
- Ranjeet Singh Rathore - Director
The latest financial statements of Agi Growth X on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Agi Growth X is 24AAJCP4813A1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAJCP4813A1ZN (Uttar Pradesh).
The CIN (Corporate Identification Number) of Agi Growth X is U93090GJ2017PTC162543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agi Growth X was incorporated on 13 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ranjeet Singh Rathore ceased to be Additional Director on 28 Sep 2025. Ranjeet Singh Rathore was appointed as Director on 13 May 2025. Bharat Khirbat ceased to be Additional Director on 17 Sep 2024. Agi Growth X has 9 board changes on record in total.
Yes, Agi Growth X is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Agi Growth X is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0036619).
Agi Growth X has 3 MSME Form 1 returns on record between 2022 and 2024, listing 34 overdue payments to 8 micro and small suppliers. The latest return was filed on 01 May 2024.
Agi Growth X can be reached through the website perzue.com. Its registered office is in Ahmedabad, Gujarat, India.
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