About Axon Ventures Limited
Data last updated:
Axon Ventures Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 August 1982.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L65999MH1982PLC027945. The company has 1 GST registration on record, which is no longer active. It was listed earlier and was delisted from BSE on 13 Jan 2021 (merger).
The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.64 Cr. It was formerly known as Axon Finance Limited and Aesthetic Investments Limited. It was led by directors including Tanu Giriraj Agarwal (Managing Director) and Hitendrakumar Kanjibhai Parmar.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at E – 109 Crystal Plaza New Link Road Opp. Infiniti Mall Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.24 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net loss of ₹59.02 Lakh (net margin -18.2%) and EBITDA of -₹58.72 Lakh (EBITDA margin -18.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 267 deals on record (267 market trades); the latest was in May 2014.
The last known website on record is axonfinance.wordpress.com.
Company details
Name history
Axon Ventures has undergone 3 name changes throughout its history. The company was previously known as Axon Finance Limited, Aesthetic Investments Limited, and Axon Infotech Limited. The current legal name is Axon Ventures Limited.
| Company Name | Status |
|---|---|
| Axon Ventures Limited | Current |
| Axon Finance Limited | Previous |
| Aesthetic Investments Limited | Previous |
| Axon Infotech Limited | Previous |
CIN history
Axon Ventures has one previous CIN (Corporate Identification Number): L65990MH1982PLC027945. The current CIN is L65999MH1982PLC027945, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65999MH1982PLC027945 | Current |
| L65990MH1982PLC027945 | Previous |
Contact details
Axon Ventures Limited's registered office is in Mumbai, Maharashtra. Its website is axonfinance.wordpress.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 109 Crystal Plaza New Link Road Opp. Infiniti Mall Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Axon Ventures 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 activities of Axon Ventures are financial and insurance service and trade. In detail, this covers financial advisory, brokerage and consultancy services and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Axon Ventures Limited, buy the company report.
Financials of Axon Ventures Limited
FY 2019 filings availableAxon Ventures Limited reported revenue of ₹3.24 Cr (up 57% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 57% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 817% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹58.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59.02 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.1% | ||||
| Net Profit Margin | -18.2% | ||||
| 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 Axon Ventures Limited, buy the company report.
Board of directors of Axon Ventures Limited
Axon Ventures has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitendrakumar Kanjibhai Parmar | Director | 12 Aug 2019 | 7 Years 2 Months | As last reported |
| Girraj Kishor Agrawal Also directs: Tilak Ventures Limited, Banas Finance Ltd, Stoneking Infrastructure Aggregates Private Limited and 4 more | Director | 21 Dec 2009 | 16 Years 10 Months | As last reported |
| Hardikkumar Bharatbhai Kabariya | Director | 27 May 2016 | 10 Years 4 Months | As last reported |
| Tanu Giriraj Agarwal | Managing Director | 13 Oct 2016 | 10 Years 0 Months | As last reported |
| Zubin Jasi Pardiwala Also directs: Skin Soul & You Private Limited, Study Circle Hub Private Limited, True Care Education Private Limited and 1 more | Director | 21 Dec 2009 | 16 Years 10 Months | As last reported |
Auditor
Axon Ventures Limited is audited by Pravin Chandak & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pravin Chandak & Associates | FY 2019 | 116627W |
Shareholding
The shareholding of Axon Ventures 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 Axon Ventures Limited, buy the company report.
Deals & funding
Axon Ventures Limited has 267 deals on record (267 market trades); the latest was in May 2014.
Deals on record (5 of 267)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Market trade | ₹25.5 Lakh | Buyer: Samskara Sales Agency Private Limited Seller: Perfect Corporate Services Limited |
| May 2014 | Market trade | ₹27 Lakh | Buyer: Garth Mercantile Private Limited , an individual Seller: Perfect Corporate Services Limited |
| May 2014 | Market trade | ₹24.7 Lakh | Buyer: Isairis Trading Private Limited , Olympia Multitrading Private Limited Seller: Perfect Corporate Services Limited |
| Dec 2012 | Market trade | ₹40.4 Lakh | Buyer: VRP Financial Services Private Limited , an individual Seller: VRP Financial Services Private Limited , an individual |
| Nov 2012 | Market trade | ₹6.9 Lakh | Seller: VRP Financial Services Private Limited |
To see the full deal history of Axon Ventures Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axon Ventures Limited has 1 court case on record: 1 filed by Axon Ventures. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahisagar at Lunawada, Gujarat | Court case (EXE R) | Filed by the company against an individual | Disposed |
To see the full case history of Axon Ventures 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 Axon Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axon Ventures 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 Axon Ventures Limited, buy the company report.
Recent activity
Axon Ventures Limited has 25 board changes on record since 2003: 15 appointments and 10 cessations. The latest: Geeta Manish Gupta ceased to be CFO on 14 Nov 2019.
16 earlier events are in the company report.
Frequently asked questions
Axon Ventures 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.
Axon Ventures was a public limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 07 August 1982 and is registered under CIN L65999MH1982PLC027945. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Axon Ventures was incorporated on 07 August 1982. It is registered with the Registrar of Companies, Mumbai.
Axon Ventures had 5 directors:
- Tanu Giriraj Agarwal - Managing Director
- Hitendrakumar Kanjibhai Parmar - Director
- Girraj Kishor Agrawal - Director
- Hardikkumar Bharatbhai Kabariya - Director
- Zubin Jasi Pardiwala - Director
The CIN (Corporate Identification Number) of Axon Ventures is L65999MH1982PLC027945. 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 Axon Ventures is at E – 109 Crystal Plaza New Link Road Opp. Infiniti Mall Andheri West, Mumbai, Maharashtra, India – 400053.
Axon Ventures can be reached through the website axonfinance.wordpress.com. Its registered office is in Mumbai, Maharashtra, India.
No. Axon Ventures was listed earlier and was delisted from BSE on 13 Jan 2021 (merger). Its shares are no longer traded on a stock exchange.
The latest financial statements of Axon Ventures on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
No. Axon Ventures has 1 GST registration on record and it is cancelled or inactive.