About Baxindia Ventures Private Limited
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Baxindia Ventures Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Petsy Holdings Australia Pty Ltd. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019FTC324578. Its GSTIN is 27AAKCP5151A1ZN (Maharashtra).
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹6.24 Cr. It is led by directors including Neer Amritlal Shah and Sinal Jayesh Shah.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.14 3rd Floor Siddhi Apartments Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.45 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹70.92 Lakh (net margin 77.6%) and EBITDA of ₹70.92 Lakh (EBITDA margin 77.6%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 57% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Petsy. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (2 rights issues, 1 acquisition); the latest was in June 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website petsy.online.
Company details
Contact details
Baxindia Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is petsy.online. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.14 3rd Floor Siddhi Apartments Khar West, Mumbai, Maharashtra, India – 400052
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Baxindia Ventures Private 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
Brands
Baxindia Ventures operates one associated brand: Petsy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category pet products are retailed online by Petsy. | petsy.online |
Business activity
The main business activity of Baxindia Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Baxindia Ventures Private Limited, buy the company report.
Financials of Baxindia Ventures Private Limited
FY 2025 filings availableBaxindia Ventures Private Limited reported revenue of ₹91.45 Lakh (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 86% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 80% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹70.92 Lakh | ||||
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| Net Profit (PAT) | ₹70.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 77.6% | ||||
| Net Profit Margin | 77.6% | ||||
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To see the full financial statements and ratios of Baxindia Ventures Private Limited, buy the company report.
Board of directors of Baxindia Ventures Private Limited
Baxindia Ventures has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neer Amritlal Shah | Director | 25 Apr 2019 | 7 Years 6 Months | Current |
| Sinal Jayesh Shah | Director | 25 Apr 2019 | 7 Years 6 Months | Current |
| Chetan Dhiraj Shah | Director | 25 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Baxindia Ventures Private Limited is audited by H F K MADAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H F K MADAN & CO | FY 2020 | 113950W |
Shareholding
The shareholding of Baxindia Ventures Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Baxindia Ventures Private Limited, buy the company report.
Deals & funding
Baxindia Ventures Private Limited has 3 deals on record (2 rights issues, 1 acquisition); the latest was in June 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Acquisition | Undisclosed | Buyer: Cosmo First Limited |
| Jan 2021 | Rights issue | ₹1.04 Cr | Investors: Pet Holdings Australia Pty Limited |
| Aug 2019 | Rights issue | ₹98.2 Lakh | Investors: Pet Holdings Australia Pty Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Baxindia Ventures Private Limited has 1 court case on record: 1 filed by Baxindia Ventures. All case is disposed.
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 |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Baxindia Ventures Private 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 Baxindia Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Baxindia Ventures Private Limited has a workforce of 25 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Baxindia Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP5151A1ZN | Maharashtra | Active | 22 Jun 2019 |
To see the full GST registrations and return filing status of Baxindia Ventures Private Limited, buy the company report.
Recent activity
Baxindia Ventures Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Chetan Dhiraj Shah was appointed as Director on 25 Apr 2019.
Frequently asked questions
Baxindia Ventures is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U74999MH2019FTC324578.
Baxindia Ventures has 3 current directors:
- Neer Amritlal Shah - Director
- Sinal Jayesh Shah - Director
- Chetan Dhiraj Shah - Director
The latest financial statements of Baxindia Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Baxindia Ventures is 27AAKCP5151A1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Baxindia Ventures is U74999MH2019FTC324578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baxindia Ventures has 1 court case on record: 1 filed by the company.
Baxindia Ventures was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Baxindia Ventures has 3 deals on record (2 rights issues, 1 acquisition); the latest was in June 2023.
Chetan Dhiraj Shah was appointed as Director on 25 Apr 2019. Neer Amritlal Shah was appointed as Director on 25 Apr 2019. Sinal Jayesh Shah was appointed as Director on 25 Apr 2019.
Baxindia Ventures can be reached through the website petsy.online. Its registered office is in Mumbai, Maharashtra, India.
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