
About Axxonet Solutions India Private Limited
Data last updated:
Axxonet Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027492. Its GSTIN is 29AADCA0426A2ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Lokesh Narasimha and Satyajit Mukundan Chetan.
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 3rd Cross S Developers 4th Floor A4 Wing Bhavani Layout Christ School Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.78 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹27.5 Lakh (net margin 5.7%) and EBITDA of ₹50.26 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 21% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Axxonet. As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axxonet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3rd Cross S Developers 4th Floor A4 Wing Bhavani Layout Christ School Road, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & 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 Axxonet Solutions India Private Limited
The main business activity of Axxonet Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Axxonet Solutions India Private Limited FY 2025 filings available
Axxonet Solutions India Private Limited reported revenue of ₹4.78 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Axxonet Solutions India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 45% growth in the latest year. EBITDA rose 73% 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 Axxonet Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹50.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.5 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Axxonet Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| 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 Axxonet Solutions India 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 Axxonet Solutions India Private Limited
Axxonet Solutions India 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 |
|---|---|---|---|---|---|---|
| Proceed Data Management Solutions Private Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Guntur, Andhra Pradesh, India |
| Analytics Quad4 India Private Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Ecobillz Private Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Belgaum, Karnataka, India |
| Enterstellar Softwares Private Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| CKS Global Ventures Private Limited | ₹4.79 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Axxonet Solutions India Private Limited this company | ₹4.78 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bangalore, Karnataka, India |
| Quest Solutions Private Limited | ₹4.78 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Jamnagar, Gujarat, India |
| Leehan Retails Private Limited | ₹4.78 Cr (FY 2017) | •••• | •••• | -88.0% | •••• | Pune, Maharashtra, India |
| Rib Software India Private Limited | ₹4.77 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Nashik, Maharashtra, India |
| Genx Esolutions Private Limited | ₹4.77 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Foxfire Technologies (India) Private Limited | ₹4.76 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Axxonet Solutions India 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 Axxonet Solutions India Private Limited
Axxonet Solutions India Private Limited is audited by M L ILANCHEZIYAN for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M L ILANCHEZIYAN | 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 Axxonet Solutions India Private Limited
Axxonet Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokesh Narasimha Also directs: Texhydra LLP, GNP Tech Consulting Private Limited | Director | 19 Jul 2000 | 26 Years 2 Months | Current |
| Satyajit Mukundan Chetan | Director | 19 Jul 2000 | 26 Years 2 Months | Current |
Ownership and Shareholding of Axxonet Solutions India 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 Axxonet Solutions India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2020 | Others | ₹90 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Axxonet Solutions India Private Limited
Axxonet Solutions India Private Limited has 1 court case on record: 1 filed by Axxonet Solutions India. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Axxonet Solutions India Private Limited
Axxonet Solutions India operates one associated brand: Axxonet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services suite solutions are provided by Axxonet. | axxonet.com |
Employees and EPFO Compliance at Axxonet Solutions India Private Limited
Axxonet Solutions India Private Limited has a workforce of 23 employees as of Apr 08, 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 Axxonet Solutions India Private Limited
Axxonet Solutions India Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Lokesh Narasimha was appointed as Director on 19 Jul 2000.
Credit Ratings, Litigation & Regulatory Alerts for Axxonet Solutions India 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.
MSME Payment Delays by Axxonet Solutions India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Axxonet Solutions India 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 Axxonet Solutions India Private Limited
Axxonet Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA0426A2ZC | Karnataka | Active | 26 Aug 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 Axxonet Solutions India 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 Axxonet Solutions India Private Limited
Axxonet Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 July 2000 (26+ years old) and is registered under CIN U72200KA2000PTC027492.
Axxonet Solutions India reported revenue of ₹4.78 Cr for FY 2025 (up 45% YoY).
Axxonet Solutions India has 2 current directors:
- Lokesh Narasimha - Director
- Satyajit Mukundan Chetan - Director
Axxonet Solutions India reported a net profit of ₹27.5 Lakh (net margin 5.7%) and EBITDA of ₹50.26 Lakh (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Axxonet Solutions India is 31% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Axxonet Solutions India is 29AADCA0426A2ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Axxonet Solutions India is U72200KA2000PTC027492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axxonet Solutions India has 1 court case on record: 1 filed by the company.
Axxonet Solutions India was incorporated on 19 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Axxonet Solutions India by revenue are Proceed Data Management Solutions Private Limited, Analytics Quad4 India Private Limited, Ecobillz Private Limited, Enterstellar Softwares Private Limited, CKS Global Ventures Private Limited and 5 more, all in the Information Technology industry (Software Services).
Lokesh Narasimha was appointed as Director on 19 Jul 2000. Satyajit Mukundan Chetan was appointed as Director on 19 Jul 2000.