About Axis Private Equity Limited
Data last updated:
Axis Private Equity Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Axis Bank Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 03 October 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U66020MH2006PLC165039. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Ubl Asset Management Company Limited. It was led by directors including Rajesh Kumar Dahiya and Himadri Shekhar Chatterjee.
Its last annual general meeting (AGM) was held on 06 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Axis House Bombay Dyeing Mills Compound Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.46 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹21.79 Lakh (net margin -150.7%) and EBITDA of -₹21.76 Lakh (EBITDA margin -150.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Court records list 273 cases involving the company, including 135 filed by the company and 138 filed against it; 74 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in May 2015.
The last known website on record is axisfinance.in.
Company details
Contact details
Axis Private Equity Limited's registered office is in Mumbai, Maharashtra. Its website is axisfinance.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAxis House Bombay Dyeing Mills Compound Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Axis Private Equity 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 activity of Axis Private Equity is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Axis Private Equity Limited, buy the company report.
Financials of Axis Private Equity Limited
FY 2020 filings availableAxis Private Equity Limited reported revenue of ₹14.46 Lakh (down 4% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 4% fall in the latest year. EBITDA fell 31% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹21.76 Lakh | ||||
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| Net Profit (PAT) | -₹21.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -150.5% | ||||
| Net Profit Margin | -150.7% | ||||
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To see the full financial statements and ratios of Axis Private Equity Limited, buy the company report.
Board of directors and KMP of Axis Private Equity Limited
Axis Private Equity Limited currently reports 3 directors and 1 key managerial person. 28 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rudrapriya Ray | Additional Director | 16 Jul 2020 | 6 Years 3 Months | As last reported |
| Jignesh Gaglani Manhar | Company Secretary | 03 Feb 2020 | 6 Years 8 Months | As last reported |
| Rajesh Kumar Dahiya | Director | 19 Oct 2016 | 10 Years 0 Months | As last reported |
| Himadri Shekhar Chatterjee | Director | 23 Jan 2019 | 7 Years 9 Months | As last reported |
Auditor
Axis Private Equity Limited is audited by H N MOTIWALLA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H N MOTIWALLA & CO | FY 2019 | 111949W |
Shareholding
The shareholding of Axis Private Equity Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Axis Private Equity Limited, buy the company report.
Deals & funding
Axis Private Equity Limited has 5 deals on record (5 secondary share transfers); the latest was in May 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Apr 2008 | Secondary share transfer | Undisclosed | Buyer: Axis Bank Limited , an individual Seller: Axis Bank Limited , an individual |
| May 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axis Private Equity Limited has 273 court cases on record: 135 filed by Axis Private Equity, 138 filed against it. 74 cases are pending and 199 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 151 | 28 | 22 |
| NCLAT | 61 | 58 | 37 |
| High courts | 58 | 49 | 15 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 273)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed against the company by Versatile Ojasvi Consultancy OPC Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Phoenix Arc Pvt. Ltd | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed against the company by Raftaarpay Fintech Private Limited | Pending |
| Bombay High Court | Court case (N) | Filed against the company by Amartara Pvt Ltd | Pending |
| District court, Jabalpur, Madhya Pradesh | Court case (MJC R) | Filed by the company against M/S Arp Products Pvt. Ltd. | Pending |
To see the full case history of Axis Private Equity 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 Axis Private Equity Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axis Private Equity has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Axis Private Equity Limited, buy the company report.
Recent activity
Axis Private Equity Limited has 27 board changes on record since 2007: 4 appointments and 23 cessations. The latest: Rudrapriya Ray was appointed as Additional Director on 16 Jul 2020.
18 earlier events are in the company report.
News
Frequently asked questions
Axis Private Equity has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Axis Private Equity was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 03 October 2006 and is registered under CIN U66020MH2006PLC165039. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Axis Private Equity was incorporated on 03 October 2006. It is registered with the Registrar of Companies, Mumbai.
Axis Private Equity had 4 directors and KMP:
- Rudrapriya Ray - Additional Director
- Rajesh Kumar Dahiya - Director
- Himadri Shekhar Chatterjee - Director
- Jignesh Gaglani Manhar - Company Secretary
The CIN (Corporate Identification Number) of Axis Private Equity is U66020MH2006PLC165039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Axis Private Equity is at Axis House Bombay Dyeing Mills Compound Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400025.
Axis Private Equity can be reached through the website axisfinance.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Axis Private Equity on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 06 July 2020. Year-wise statements from 2015 are in the company report.
No. Axis Private Equity has 1 GST registration on record and it is cancelled or inactive.
Axis Private Equity operated in the financial services industry, in the diversified financial services segment.