MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0054669
Axegis (India) Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.84 Cr
▲ 32% YoY
Net profit · FY 2024
₹2.16 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹5.8 Lakh
EBITDA margin 2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Axegis (India) Private Limited
Data last updated:
Axegis (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 28 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36994GJ2019PTC108384. Its GSTIN is 24AAGCN5480Q1ZU (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Novaegis (India) Private Limited. It is led by directors including Mohmadzuber Nazirhusen Saiyed and Mohmadmohsin Mohmadrafik Chauhan.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.84 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Lakh (net margin 0.8%) and EBITDA of ₹5.8 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
The company is associated with 1 brand: Novaegis. As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Axegis (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0054669). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novaegis.com.
Company details
CIN U36994GJ2019PTC108384
Registration Number 108384
Incorporation Date 28 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0054669
Key People
Mohmadzuber Nazirhusen Saiyed Director Mohmadmohsin Mohmadrafik Chauhan Director Pareshkumar Amrutbhai Patel Director Recognitions & Rankings of Axegis (India)
Contact details
Axegis (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is novaegis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 17/3 India Estate, Opp. Signature Two Building Sarkhej Sanand Road, Ahmedabad, Gujarat, India – 382210
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Axegis (India) Private Limited, buy the company report.
Comprehensive company report
Axegis (India) 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
Axegis (India) operates one associated brand: Novaegis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drugs for chronic therapeutic areas are manufactured. | novaegis.com |
Business activity
The main business activity of Axegis (India) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Axegis (India) Private Limited, buy the company report.
Financials of Axegis (India) Private Limited
FY 2025 filings availableAxegis (India) Private Limited reported revenue of ₹2.84 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹2.84 Cr ▲ 32%
Net profit · FY 2024
₹2.16 Lakh margin 0.8%
EBITDA · FY 2024
₹5.8 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 32% growth in the latest year. EBITDA rose 90% 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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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.16 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 2% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Axegis (India) Private Limited, buy the company report.
Board of directors of Axegis (India) Private Limited
Axegis (India) 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 |
|---|---|---|---|---|
| Mohmadzuber Nazirhusen Saiyed | Director | 28 May 2019 | 7 Years 5 Months | Current |
| Mohmadmohsin Mohmadrafik Chauhan | Director | 28 May 2019 | 7 Years 5 Months | Current |
| Pareshkumar Amrutbhai Patel Also directs: Brownix Agro LLP, Selico Agro Organics Private Limited | Director | 28 May 2019 | 7 Years 5 Months | Current |
Auditor
Axegis (India) Private Limited is audited by I A S & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I A S & CO. | FY 2023 | 0146897W |
Shareholding
The shareholding of Axegis (India) 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 Axegis (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100560863 | Others | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Axegis (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Novartis Ag & Anr. | Disposed |
To see the full case history of Axegis (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 Axegis (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axegis (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN5480Q1ZU | Gujarat | Active | 20 Jun 2019 |
To see the full GST registrations and return filing status of Axegis (India) Private Limited, buy the company report.
Recent activity
Axegis (India) Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Dhruv Desai ceased to be Director on 25 Dec 2021.
AGM
Axegis (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Axegis (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100560863 was registered on 25 Mar 2022.
Ceased
Dhruv Desai ceased to be Director.
Ceased
Narendrasinh Prahladsinh Devda ceased to be Director.
Appointed
Mohmadmohsin Mohmadrafik Chauhan was appointed as Director.
Appointed
Mohmadzuber Nazirhusen Saiyed was appointed as Director.
Appointed
Pareshkumar Amrutbhai Patel was appointed as Director.
Incorporation
28 May 2019
Axegis (India) Private Limited was registered on 28 May 2019 with Roc Ahmedabad & aged 7 years 5 months as per MCA records.
Frequently asked questions
Axegis (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 28 May 2019 (7+ years old) and is registered under CIN U36994GJ2019PTC108384.
Axegis (India) has 3 current directors:
- Mohmadzuber Nazirhusen Saiyed - Director
- Mohmadmohsin Mohmadrafik Chauhan - Director
- Pareshkumar Amrutbhai Patel - Director
The latest financial statements of Axegis (India) 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 2020 are in the company report.
The GSTIN of Axegis (India) is 24AAGCN5480Q1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Axegis (India) is U36994GJ2019PTC108384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axegis (India) has 1 court case on record: 1 filed against it.
Axegis (India) was incorporated on 28 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhruv Desai ceased to be Director on 25 Dec 2021. Narendrasinh Prahladsinh Devda ceased to be Director on 25 Dec 2021. Mohmadmohsin Mohmadrafik Chauhan was appointed as Director on 28 May 2019. Axegis (India) has 5 board changes on record in total.
Yes, Axegis (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0054669).
Axegis (India) can be reached through the website novaegis.com. Its registered office is in Ahmedabad, Gujarat, India.
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