About Axelerant Technologies Private Limited
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Axelerant Technologies Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 15 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2008PTC180907. Its GSTIN is 07AAHCA1511E1ZB (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shilpi Gupta and Ankur Gupta.
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 404 Vikram Tower Rajendra Place, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.08 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹80.65 Lakh (net margin 2.1%) and EBITDA of ₹1.16 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 183 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axelerant. As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹1.78 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2020. Its 10 peer companies in the Information Technology industry (Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Trek Bicycle India Private Limited with revenue of ₹39.89 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axelerant.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address404 Vikram Tower Rajendra Place, New Delhi, Delhi, India – 110008
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Axelerant Technologies Private Limited
The main business activity of Axelerant Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Axelerant Technologies Private Limited FY 2024 filings available
Axelerant Technologies Private Limited reported revenue of ₹39.08 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Axelerant Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 9% growth in the latest year. EBITDA fell 65% 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 of Axelerant Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹80.65 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 of Axelerant Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Axelerant Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Axelerant Technologies Private Limited
Axelerant Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trek Bicycle India Private Limited | ₹39.89 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Integra Micro Software Services Private Limited | ₹39.88 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Netscout Systems Industrial Private Limited | ₹39.73 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Saras Solutions India Private Limited | ₹39.49 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| App Innovation Technologies Private Limited | ₹39.24 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Coimbatore, Tamil Nadu, India |
| Axelerant Technologies Private Limited this company | ₹39.08 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Fortanix Technologies India Private Limited | ₹38.77 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Bangalore, Karnataka, India |
| Uvj Technologies Private Limited | ₹38.73 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kochi, Kerala, India |
| G G S Information Services India Private Limited | ₹38.62 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Alepo Technologies Private Limited | ₹38.59 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Thane, Maharashtra, India |
| Testhouse India Private Limited | ₹38.56 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Axelerant Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Axelerant Technologies Private Limited
Axelerant Technologies Private Limited is audited by 302 for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| 302 | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Axelerant Technologies Private Limited
Axelerant Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpi Gupta | Director | 22 Sep 2017 | 9 Years 0 Months | Current |
| Ankur Gupta Also directs: Purpose Retail Private Limited, Ozone Business Solutions Private Limited, Purpose Financial Technologies Private Limited and 1 more | Director | 15 Jul 2008 | 18 Years 2 Months | Current |
Ownership and Shareholding of Axelerant Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Axelerant Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2024 | Others | ₹3.75 Cr | Open |
| 28 Sep 2018 | Others | ₹1.78 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Axelerant Technologies Private Limited
Axelerant Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Axelerant Technologies Private Limited
Axelerant Technologies Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dial4loanz Credit Services Private Limited | •••• | •••• | •••• |
| Fexle Services Private Limited | •••• | •••• | •••• |
| Kurundam Management Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Axelerant Technologies Private Limited
Axelerant Technologies operates one associated brand: Axelerant. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital and people experience services for business transformation. | axelerant.com |
Employees and EPFO Compliance at Axelerant Technologies Private Limited
Axelerant Technologies Private Limited has a workforce of 183 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Axelerant Technologies Private Limited
Axelerant Technologies Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Rishi Gupta ceased to be Director on 22 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Axelerant Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Axelerant Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Axelerant Technologies Private Limited
Axelerant Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCA1511E1ZB | Delhi | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Axelerant Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Axelerant Technologies Private Limited
Axelerant Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 15 July 2008 (18+ years old) and is registered under CIN U72200DL2008PTC180907.
Axelerant Technologies reported revenue of ₹39.08 Cr for FY 2024 (up 9% YoY).
Axelerant Technologies has 2 current directors:
- Shilpi Gupta - Director
- Ankur Gupta - Director
Axelerant Technologies reported a net profit of ₹80.65 Lakh (net margin 2.1%) and EBITDA of ₹1.16 Cr (EBITDA margin 3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axelerant Technologies is 11% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axelerant Technologies is 07AAHCA1511E1ZB, registered in Delhi.
The CIN (Corporate Identification Number) of Axelerant Technologies is U72200DL2008PTC180907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axelerant Technologies was incorporated on 15 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Axelerant Technologies has 1 deal on record (1 secondary share transfer); the latest was in September 2020.
The peers of Axelerant Technologies by revenue are Trek Bicycle India Private Limited, Integra Micro Software Services Private Limited, Netscout Systems Industrial Private Limited, Saras Solutions India Private Limited, App Innovation Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).
Rishi Gupta ceased to be Director on 22 Sep 2017. Shilpi Gupta was appointed as Director on 22 Sep 2017. Ankur Gupta was appointed as Director on 15 Jul 2008.
Axelerant Technologies has 3 MSME Form 1 returns on record between 2019 and 2020, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 04 Apr 2021.