About Azentio Software Private Limited
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Azentio Software Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Azentio Software Private Limited Singapore. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 08 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC351458. Its GSTIN is 27AAUCA4876F1Z4 (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹230 Cr and a paid-up capital of ₹230 Cr. It is led by directors Gaurav Kedia and Aarthi Ramesh.
Its last annual general meeting (AGM) was held on 10 April 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Aurum Q Parc Unit No. 703 Q2 Building Floor 7 Plot No. Gen 4/1 Ttc Industrial Area, Thane Belapur Road Ghansoli Navi Mumbai Thane, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹405.95 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹40.7 Cr (net margin -10%) and EBITDA of ₹14.83 Cr (EBITDA margin 3.7%).
The company has about 1,513 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Candela Labs and Azentio. As per MCA filings, the company has open charges of ₹50 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 debt financing), with disclosed funding of ₹144 Cr; the latest was in March 2022. Its 10 peer companies in the BFSI industry (Other Financial Services, Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Liberty Investments Private Limited. The company has 9 MSME Form 1 returns on record between 2021 and 2024, listing 309 overdue payments to 58 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 azentio.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAurum Q Parc Unit No. 703 Q2 Building Floor 7 Plot No. Gen 4/1 Ttc Industrial Area, Thane Belapur Road Ghansoli Navi Mumbai Thane, Maharashtra, India – 400710
- IndustryFinancial Services, Diversified Financial 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 Azentio Software Private Limited
The main business activity of Azentio Software 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 Azentio Software Private Limited FY 2024 filings available
Azentio Software Private Limited reported revenue of ₹405.95 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Azentio Software Private Limited
Revenue rose 1% in the latest year. EBITDA fell 63% 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 Azentio Software Private Limited
| Metrics | 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 | ₹14.83 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹40.7 Cr | •••• | •••• | •••• |
| 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 Azentio Software Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• |
| Net Profit Margin | -10% | •••• | •••• | •••• |
| 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 Azentio Software are in the company report.
Financial statements from FY 2021
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 Azentio Software Private Limited
Azentio Software Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services, Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liberty Investments Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Globeop Financial Services Technologies (India) Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Karvy Computershare Private Limited | •••• | •••• | •••• | •••• | - | Andhra Pradesh, Telangana, India |
| J K Investors(Bombay) Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Vernost Tech Ventures Private Limited | •••• | •••• | •••• | •••• | 188 | Mumbai, Maharashtra, India |
| Azentio Software Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Media.Net Software Services (India) Private Limited | •••• | •••• | •••• | •••• | 724 | Mumbai, Maharashtra, India |
| Amns Global Treasury Centre Ifsc Private Limited | •••• | •••• | •••• | •••• | - | Gandhi Nagar, Gujarat, India |
| Itron India Private Limited | •••• | •••• | •••• | •••• | 684 | Bangalore South, Karnataka, India |
| Blue Daimond Properties Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Global Mercantile Private Limited | •••• | •••• | •••• | •••• | - | Hare Street, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Azentio Software by revenue in the BFSI industry (Other Financial Services, Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Azentio Software Private Limited
Azentio Software Private Limited is audited by B S R & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & CO LLP | 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 Azentio Software Private Limited
Azentio Software has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Kedia Also directs: Beyontec 2Nable Solutions Private Limited | Director | 08 Jun 2023 | 3 Years 3 Months | Current |
| Aarthi Ramesh Also directs: Beyontec 2Nable Solutions Private Limited | Director | 25 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Azentio Software 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 Azentio Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2024 | Axis Bank Limited | ₹20 Cr | Open |
| 05 Sep 2023 | Others | ₹30 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Azentio Software Private Limited
Azentio Software Private Limited has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 debt financing), with disclosed funding of ₹144 Cr; the latest was in March 2022.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹71.6 Cr | Investors: Azentio Software Pte. Limited |
| Mar 2021 | Debt financing | ₹144 Cr | Investors: Azentio Software Pte. Limited |
| Mar 2021 | Rights issue | ₹158.4 Cr | Investors: Azentio Software Pte. Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Azentio Software Pte. Limited Seller: Maya Topco Limited |
Full deal history
All 5 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.
Legal Cases of Azentio Software Private Limited
Azentio Software Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 2 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.
MSME Payment Delays by Azentio Software Private Limited
Azentio Software Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 309 overdue payments to 58 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 (5 of 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Flipspaces Technology Labs Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ad Astra Consultants Private Limited | •••• | •••• | •••• |
| Joy Infotech Consulting Private Limited | •••• | •••• | •••• |
| Delict Technology Services Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 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 Azentio Software Private Limited
Azentio Software operates two associated brands: Candela Labs and Azentio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automation solutions for insurers and banks | candelalabs.io | |
| ERP software solutions are provided for BFSI organizations. | azentio.com |
Employees and EPFO Compliance at Azentio Software Private Limited
Azentio Software Private Limited has a workforce of 1,513 employees as of Mar 30, 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.
News related to Azentio Software Private Limited
Recent Activity on Azentio Software Private Limited
Azentio Software Private Limited has 12 board changes on record since 2020: 2 appointments and 10 cessations. The latest: Aarthi Ramesh ceased to be Additional Director on 26 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Azentio Software 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 Azentio Software 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 Azentio Software Private Limited
Azentio Software has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA4876F1Z4 | Maharashtra | Active | 25 Mar 2021 |
| 33AAUCA4876F1ZB | Tamil Nadu | Active | 30 Apr 2021 |
| 36AAUCA4876F1Z5 | Telangana | Active | 05 May 2021 |
| 29AAUCA4876F1Z0 | Karnataka | Active | 01 Jun 2021 |
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 Azentio Software 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 Azentio Software Private Limited
Azentio Software is an active private limited company based in Thane, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 08 December 2020 (6+ years old) and is registered under CIN U72900MH2020PTC351458.
Azentio Software reported revenue of ₹405.95 Cr for FY 2024 (up 1% YoY).
Azentio Software has 2 current directors:
- Gaurav Kedia - Director
- Aarthi Ramesh - Director
Azentio Software reported a net loss of ₹40.7 Cr (net margin -10%) and EBITDA of ₹14.83 Cr (EBITDA margin 3.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Azentio Software is 27AAUCA4876F1Z4, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAUCA4876F1ZB (Tamil Nadu), 36AAUCA4876F1Z5 (Telangana), 29AAUCA4876F1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Azentio Software is U72900MH2020PTC351458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azentio Software has 2 court cases on record: 2 filed against it.
Azentio Software was incorporated on 08 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Azentio Software has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 debt financing), with disclosed funding of ₹144 Cr; the latest was in March 2022.
The peers of Azentio Software by revenue are Liberty Investments Private Limited, Globeop Financial Services Technologies (India) Private Limited, Karvy Computershare Private Limited, J K Investors(Bombay) Limited, Vernost Tech Ventures Private Limited and 5 more, all in the BFSI industry (Other Financial Services, Software Services).
Aarthi Ramesh ceased to be Additional Director on 26 Sep 2024. Aarthi Ramesh was appointed as Director on 25 Sep 2024. Gaurav Kedia ceased to be Additional Director on 11 Aug 2024. Azentio Software has 12 board changes on record in total.
Azentio Software has 9 MSME Form 1 returns on record between 2021 and 2024, listing 309 overdue payments to 58 micro and small suppliers. The latest return was filed on 17 Apr 2024.