Cipher - Plexus Capital Advisors Private Limited

Cipher - Plexus Capital Advisors Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U67190MH2014PTC254336 Incorporated 14 March 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹7.57 Cr
▲ 112% YoY
Net profit · FY 2024
₹8.25 Cr
Net margin 109%
EBITDA · FY 2024
₹11.39 Cr
EBITDA margin 150.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.39 Cr
Issued & subscribed
Open charges
₹22.09 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings

About Cipher - Plexus Capital Advisors Private Limited

Data last updated:

Cipher - Plexus Capital Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 14 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2014PTC254336. Its GSTIN is 27AAFCC6122P1ZD (Maharashtra).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.39 Cr. It is led by directors including Kunal Avinash Kumthekar and Ashish Bhansali.

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 11 Solitaire Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.57 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹8.25 Cr (net margin 109%) and EBITDA of ₹11.39 Cr (EBITDA margin 150.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.

The company is associated with 1 brand: Cipher-Plexus. As per MCA filings, the company has open charges of ₹22.09 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (2 convertible or debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹9.1 Cr; the latest was in February 2018. The company has 1 MSME Form 1 return on record, listing 14 overdue payments to 4 micro and small suppliers.

Cipher - Plexus Capital Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0107012). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cipherplexus.in.

Company details

CIN U67190MH2014PTC254336
Registration Number 254336
Incorporation Date 14 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0107012
Key People
Kunal Avinash Kumthekar Director Ashish Bhansali Director Ravi Saxena Director

Recognitions & Rankings of Cipher - Plexus Capital Advisors

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0107012

Contact details

Cipher - Plexus Capital Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is cipherplexus.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    cipherplexus.in
  • Registered Address
    Office No. 1111 1st Floor Building N0.11 Solitaire Corporate Park, Chakala Andheri Ghatkopar Link Road Andheri – East, Mumbai, Maharashtra, India – 400093
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Comprehensive company report
Cipher - Plexus Capital Advisors Private Limited - one report that includes everything
  • 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
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Brands

Cipher - Plexus Capital Advisors operates one associated brand: Cipher-Plexus. Each brand links to its own profile.

BrandDescriptionWebsite
Cipher-Plexus
Corporate and M&A advisory services are offered across multiple sectors.cipherplexus.in

Business activity

The main business activity of Cipher - Plexus Capital Advisors is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Financials of Cipher - Plexus Capital Advisors Private Limited

FY 2025 filings available

Cipher - Plexus Capital Advisors Private Limited reported revenue of ₹7.57 Cr (up 112% YoY) for FY 2024.

Revenue · FY 2024
₹7.57 Cr ▲ 112%
Net profit · FY 2024
₹8.25 Cr margin 109%
EBITDA · FY 2024
₹11.39 Cr margin 150.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 897%
3 years · compounded
▲ 212%
5 years · compounded
▲ 75%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 112% growth in the latest year. EBITDA rose 897% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹11.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.25 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin150.5%
Net Profit Margin109%
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 Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Board of directors of Cipher - Plexus Capital Advisors Private Limited

Cipher - Plexus Capital Advisors has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kunal Avinash Kumthekar
Also directs: Fourier Konnect Private Limited, Kpin Real Estate Ventures LLP, Raa Investment Capital Advisory LLP and 5 more
Director14 Mar 201412 Years 7 MonthsCurrent
Ashish Bhansali
Also directs: Vallon Farmdirect Private Limited
Director16 Jun 201412 Years 4 MonthsCurrent
Ravi Saxena
Also directs: Enviro Ventures LLP, Clinfi Services India LLP, Edison Finvest P Ltd and 2 more
Director14 Mar 201412 Years 7 MonthsCurrent
View all directors

Auditor

Cipher - Plexus Capital Advisors Private Limited is audited by T.RAMARAO & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
T.RAMARAO & CO LLPFY 2023108519W

Shareholding

The shareholding of Cipher - Plexus Capital Advisors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Charges & borrowings

Open charges
₹22.09 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.22 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 2023100839527Hdfc Bank Limited₹22.09 LakhOpen

Total charge records: 1 View all charges

Deals & funding

Cipher - Plexus Capital Advisors Private Limited has 4 deals on record (2 convertible or debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹9.1 Cr; the latest was in February 2018.

Total deals
4
Convertible or debt financings
2
Funding round
1
Rights issue
1
Disclosed funding
₹9.1 Cr

Deals on record (2 of 4)

WhenDealAmountParties
Jul 2015Rights issue₹50 LakhInvestors: Plexus Capital Ventures Private Limited , an individual
May 2014Funding round₹1.49 CrInvestors: Plexus Capital Ventures Private Limited , an individual

To see the full deal history of Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Cipher - Plexus Capital Advisors Private Limited has 1 MSME Form 1 return on record, listing 14 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
Autoriders International Limited
an individual supplier
an individual supplier
T.Ramarao & Co.

To see the full MSME payment records of Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Cipher - Plexus Capital Advisors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCC6122P1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Cipher - Plexus Capital Advisors Private Limited, buy the company report.

Recent activity

Cipher - Plexus Capital Advisors Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Naresh Nagpal ceased to be Director on 30 Oct 2021.

AGM
Cipher - Plexus Capital Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cipher - Plexus Capital Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100839527 was registered on 31 May 2023.
Ceased
Naresh Nagpal ceased to be Director.
Ceased
Nitin Rameshwar Jain ceased to be Director.
Appointed
Ashish Bhansali was appointed as Director.
Appointed
Kunal Avinash Kumthekar was appointed as Director.
Appointed
Ravi Saxena was appointed as Director.
Incorporation
14 Mar 2014
Cipher - Plexus Capital Advisors Private Limited was registered on 14 Mar 2014 with Roc Mumbai & aged 12 years 8 months as per MCA records.

Frequently asked questions

Cipher - Plexus Capital Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 14 March 2014 (12+ years old) and is registered under CIN U67190MH2014PTC254336.

Cipher - Plexus Capital Advisors has 3 current directors:

The latest financial statements of Cipher - Plexus Capital Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Cipher - Plexus Capital Advisors is 27AAFCC6122P1ZD, registered in Maharashtra.

The CIN (Corporate Identification Number) of Cipher - Plexus Capital Advisors is U67190MH2014PTC254336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cipher - Plexus Capital Advisors has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.

Cipher - Plexus Capital Advisors was incorporated on 14 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Cipher - Plexus Capital Advisors has 4 deals on record (2 convertible or debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹9.1 Cr; the latest was in February 2018.

Naresh Nagpal ceased to be Director on 30 Oct 2021. Nitin Rameshwar Jain ceased to be Director on 27 Sep 2014. Ashish Bhansali was appointed as Director on 16 Jun 2014. Cipher - Plexus Capital Advisors has 5 board changes on record in total.

Yes, Cipher - Plexus Capital Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0107012).

Cipher - Plexus Capital Advisors has 1 MSME Form 1 return on record, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Sep 2020.