About Axcelus Finserv Private Limited
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Axcelus Finserv Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2019PTC324649. Its GSTIN is 27AASCA2229E1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Neville Manuel Fernandes and Hiranya J Ashar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.52 Lakh (net margin 1.3%) and EBITDA of ₹18.49 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
The company is associated with 1 brand: Axcelus.
For more details, the company can be reached via its website axcelus.in.
Company details
Contact details
Axcelus Finserv Private Limited's registered office is in Mumbai, Maharashtra. Its website is axcelus.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1B – 1003 10th Floor Tower B Parinee Crescenzo G Block Bandra Kurla Complex Bandra Eas, T, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Axcelus Finserv 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
Axcelus Finserv operates one associated brand: Axcelus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of capital advisory and investment banking services in financial sectors. | axcelus.in |
Business activity
The main business activity of Axcelus Finserv is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Axcelus Finserv Private Limited, buy the company report.
Financials of Axcelus Finserv Private Limited
FY 2024 filings availableAxcelus Finserv Private Limited reported revenue of ₹10.4 Cr (up 208% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over three years, including 208% growth in the latest year. EBITDA rose 271% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.49 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹13.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Axcelus Finserv Private Limited, buy the company report.
Board of directors of Axcelus Finserv Private Limited
Axcelus Finserv has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neville Manuel Fernandes | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
| Hiranya J Ashar | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Axcelus Finserv Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Millennium Finance Limited | ₹10.42 Cr (FY 2025) | 38.0% | Punjagutta, Hyderabad, Telangana, India | |||
| R. N. Dutt & Son Private Limited | ₹10.41 Cr (FY 2024) | 14.0% | Kolkata, West Bengal, India | |||
| Axcelus Finserv Private Limitedthis company | ₹10.4 Cr (FY 2024) | ₹13.52 Lakh | 1.3% | 208.0% | Mumbai, Maharashtra, India | |
| Vaaraahi Capitals Private Limited | ₹10.39 Cr (FY 2024) | 345.0% | Hyderabad, Telangana, India | |||
| Richline Leasing and Finance Private Limited | ₹10.38 Cr (FY 2022) | 229.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Axcelus Finserv Private Limited, buy the company report.
Auditor
Axcelus Finserv Private Limited is audited by H. A. VITHLANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. A. VITHLANI & CO | FY 2023 | 153757 |
Shareholding
The shareholding of Axcelus Finserv Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Axcelus Finserv Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Axcelus Finserv 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
No delayed payments to MSME suppliers are on our record for Axcelus Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axcelus Finserv has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA2229E1ZP | Maharashtra | Active | 07 Jun 2019 |
To see the full GST registrations and return filing status of Axcelus Finserv Private Limited, buy the company report.
Recent activity
Axcelus Finserv Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Hiranya J Ashar was appointed as Director on 29 Apr 2019.
Frequently asked questions
Axcelus Finserv is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 April 2019 (7+ years old) and is registered under CIN U65999MH2019PTC324649.
Axcelus Finserv has 2 current directors:
- Neville Manuel Fernandes - Director
- Hiranya J Ashar - Director
The latest financial statements of Axcelus Finserv 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 2020 are in the company report.
The GSTIN of Axcelus Finserv is 27AASCA2229E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Axcelus Finserv is U65999MH2019PTC324649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axcelus Finserv was incorporated on 29 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Axcelus Finserv by revenue are Millennium Finance Limited, R. N. Dutt & Son Private Limited, Vaaraahi Capitals Private Limited, Richline Leasing and Finance Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Hiranya J Ashar was appointed as Director on 29 Apr 2019. Neville Manuel Fernandes was appointed as Director on 29 Apr 2019.
Axcelus Finserv can be reached through the website axcelus.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Axcelus Finserv is at 1B – 1003 10th Floor Tower B Parinee Crescenzo G Block Bandra Kurla Complex Bandra Eas, T, Mumbai, Maharashtra, India – 400051.
Axcelus Finserv operates in the financial services industry, in the diversified financial services segment.
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