About Elixia Tech Solutions Limited
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Elixia Tech Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2011PLC219715. Its GSTIN is 27AACCE7724Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹6.13 Cr. It was formerly known as Elixia Tech Solutions Private Limited. It is led by directors including Mickin Mukund Sheth and Sanket Mukund Sheth.
Its last annual general meeting (AGM) was held on 01 December 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 715 7th Floor Neelkanth Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹62.85 Lakh, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹37.8 Lakh (net margin 60.1%) and EBITDA of ₹53.77 Lakh (EBITDA margin 85.6%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 32% over five years.
The company has about 61 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Elixia Speed and Elixia. As per MCA filings, the company has open charges of ₹1.45 Cr on record. The company has 11 deals on record (8 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.49 Cr; the latest was in November 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elixia.tech.
Company details
CIN history
Elixia Tech Solutions has one previous CIN (Corporate Identification Number): U72300MH2011PTC219715. The current CIN is U72300MH2011PLC219715, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300MH2011PLC219715 | Current |
| U72300MH2011PTC219715 | Previous |
Contact details
Elixia Tech Solutions Limited's registered office is in Mumbai, Maharashtra. Its website is elixia.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address715 7th Floor Neelkanth Corporate Park Next To Vidyavihar Station Nathani Road Vidyavi, Har (West), Mumbai, Maharashtra, India – 400086
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Elixia Tech Solutions 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
Elixia Tech Solutions operates two associated brands: Elixia Speed and Elixia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an integrated solution for vehicle tracking and management to enhance efficiency. | elixiaspeed.com | |
| AI and SaaS-based transportation management software is provided. | elixia.tech |
Business activity
The main business activity of Elixia Tech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
Financials of Elixia Tech Solutions Limited
FY 2026 filings availableElixia Tech Solutions Limited reported revenue of ₹62.85 Lakh (up 105% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 105% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA rose 153% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹62.85 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹53.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.6% | ||||
| Net Profit Margin | 60.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Elixia Tech Solutions Limited, buy the company report.
Board of directors of Elixia Tech Solutions Limited
Elixia Tech Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mickin Mukund Sheth Also directs: MNS Commodities LLP, Elixia Robotics Private Limited, Ms Village Home Concept LLP and 2 more | Director | 13 Jul 2011 | 15 Years 4 Months | Current |
| Sanket Mukund Sheth Also directs: Ms Village Home Concept LLP, Kuber Management Services LLP | Director | 13 Jul 2011 | 15 Years 4 Months | Current |
| Mukund Ratilal Sheth | Director | 13 Jul 2011 | 15 Years 4 Months | Current |
Auditor
Elixia Tech Solutions Limited is audited by Tolia & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tolia & Associates | FY 2026 | 111017W |
Shareholding
The shareholding of Elixia Tech Solutions Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elixia Tech Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2016 | 100038471 | Hdfc Bank Limited | ₹1.45 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Elixia Tech Solutions Limited has 11 deals on record (8 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.49 Cr; the latest was in November 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹73 Lakh | Investors: 3 individuals |
| Sep 2021 | Funding round · Pre-Series A | ₹5.43 Cr | Investors: Rajasthan Venture Capital, 3 individuals |
| Feb 2020 | Funding round | ₹26 Lakh | Investors: Ms Village Home Concept Private Limited , Sanket Sheth HUF, 2 individuals |
| Oct 2018 | Funding round | ₹1.95 Cr | Investors: Kuber Management Services Private Limited , Mukund Sheth HUF, 2 individuals |
| Mar 2014 | Funding round | ₹94 Lakh | Investors: Kuber Management Services Private Limited , Ms Village Home Concept Private Limited , 2 individuals |
To see the full deal history of Elixia Tech Solutions 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
No court or tribunal cases involving Elixia Tech Solutions Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elixia Tech Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elixia Tech Solutions Limited has a workforce of 61 employees on its EPFO records as of Feb 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 61 |
| FY 2021-22 |
To see the full employee and EPFO history of Elixia Tech Solutions Limited, buy the company report.
GST
Elixia Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE7724Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elixia Tech Solutions Limited, buy the company report.
Recent activity
Elixia Tech Solutions Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Mihir Bharat Ravani ceased to be CEO on 28 Feb 2023.
News
Frequently asked questions
Elixia Tech Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 July 2011 (15+ years old) and is registered under CIN U72300MH2011PLC219715.
Elixia Tech Solutions has 3 current directors:
- Mickin Mukund Sheth - Director
- Sanket Mukund Sheth - Director
- Mukund Ratilal Sheth - Director
The latest financial statements of Elixia Tech Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elixia Tech Solutions is 27AACCE7724Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elixia Tech Solutions is U72300MH2011PLC219715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elixia Tech Solutions was incorporated on 13 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Elixia Tech Solutions has 11 deals on record (8 funding rounds, 3 secondary share transfers), with disclosed funding of ₹20.49 Cr; the latest was in November 2021.
Mihir Bharat Ravani ceased to be CEO on 28 Feb 2023. Mickin Mukund Sheth was appointed as Director on 13 Jul 2011. Mukund Ratilal Sheth was appointed as Director on 13 Jul 2011. Elixia Tech Solutions has 4 board changes on record in total.
Elixia Tech Solutions can be reached through the website elixia.tech. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Elixia Tech Solutions is at 715 7th Floor Neelkanth Corporate Park Next To Vidyavihar Station Nathani Road Vidyavi, Har West, Mumbai, Maharashtra, India – 400086.
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