About Elixir Equities Private Limited
Data last updated:
Elixir Equities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elixir Capital Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 26 November 1997, the company has been in operation for over 29 years.
Registered with ROC Mumbai under CIN U67120MH1997PTC112103.
Capital: an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.76 Cr. Formerly known as Axis Equities Private Limited and Dipan Mehta Share and Stock Brokers Private Limited. It is led by directors including Dipan Anil Mehta and Radhika Dipan Mehta.
Last AGM: 26 August 2025. Financial statements filed for year ended 31 March 2025. Office: 58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.91 Cr, a decline of 28% compared to the previous year.
The company has a workforce of approximately 3 employees as per the latest available data. It operates as a subsidiary of Elixir Capital Limited. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Elixir Equities. As per MCA filings, the company has open charges of ₹20 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elixirequities.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Elixir Equities
Elixir Equities has undergone 3 name changes throughout its history. The company was previously known as Axis Equities Private Limited, Dipan Mehta Share And Stock Brokers Private Limited, and Dipan Mehta Share And Stock Broker Private Limited. The current legal name is Elixir Equities Private Limited.
| Company Name | Status |
|---|---|
| Elixir Equities Private Limited | Current |
| Axis Equities Private Limited | Previous |
| Dipan Mehta Share And Stock Brokers Private Limited | Previous |
| Dipan Mehta Share And Stock Broker Private Limited | Previous |
CIN History of Elixir Equities
Elixir Equities has one previous CIN (Corporate Identification Number): U67120MH2004PTC112103. The current CIN is U67120MH1997PTC112103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1997PTC112103 | Current |
| U67120MH2004PTC112103 | Previous |
Associated Brands with Elixir Equities
Elixir Equities operates one associated brand: Elixir Equities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking, equity research, and portfolio management for investors in India. | elixirequities.com |
Competitors & Alternatives of Elixir Equities
Brands and companies operating in the same space as Elixir Equities Private Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Fidelity Investments | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
 UTI Mutual Fund | Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
 Goldman Sachs | Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
 S&P Global | Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
 Sundaram Finance | Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
 Bank of America | Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
 State Street | Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
 FIS | Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
 Avendus | Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
 360 One | Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Elixir Equities
The main business activity of Elixir Equities is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Elixir Equities Private Limited
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.
Auditor Details of Elixir Equities
Elixir Equities Private Limited is audited by P.C. SURANA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.C. SURANA & CO. | Locked | Locked | Locked |
Complete auditor history for Elixir Equities Private Limited
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 Elixir Equities Private Limited
Elixir Equities has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipan Anil Mehta | Whole-Time Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Radhika Dipan Mehta | Whole-Time Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Varun Dipan Mehta Also directs: Elixir Capital Limited | Whole-Time Director | 01 Dec 2022 | 3 Years 10 Months | Current |
Financials of Elixir Equities Private Limited FY 2025 filings available
Elixir Equities Private Limited reported revenue of ₹14.91 Cr (down 28.00% YoY) for FY 2025.
Ten-year financial statements for Elixir Equities Private Limited
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.
Ownership and Shareholding of Elixir Equities
Shareholding and ownership data for Elixir Equities Private Limited
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.
Group Structure of Elixir Equities Private Limited
Elixir Equities has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Dipan Mehta Commodities Private Limited | U51101MH2006PTC360955 | Locked |
| Elixir Wealth Management Private Limited | U67120MH1992PTC359675 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Elixir Equities
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2024 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Elixir Equities
Elixir Equities Private Limited has a workforce of 3 employees as of Mar 31, 2024.
Employee and EPFO history for Elixir Equities Private Limited
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.
GST Compliance of Elixir Equities
GST registrations and filing compliance for Elixir Equities Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Elixir Equities
Credit ratings, litigation, and regulatory alerts for Elixir Equities Private Limited
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 Elixir Equities
MSME payment history for Elixir Equities Private Limited
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 Elixir Equities
Corporate group structure for Elixir Equities Private Limited
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.
MCA Filings & Documents of Elixir Equities
MCA filings and documents for Elixir Equities Private Limited
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.
Recent Activity on Elixir Equities
Frequently Asked Questions about Elixir Equities Private Limited
Elixir Equities is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 26 November 1997 (29+ years old) and is registered under CIN U67120MH1997PTC112103. The company has 3 employees.
Elixir Equities reported revenue of ₹14.91 Cr for FY 2025 (down 28.00% YoY).
The current directors of Elixir Equities are:
- Dipan Anil Mehta - Whole-Time Director
- Radhika Dipan Mehta - Whole-Time Director
- Varun Dipan Mehta - Whole-Time Director
The primary industry of Elixir Equities is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Elixir Equities can be reached at the registered office: 58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website elixirequities.com.
The authorised capital is ₹2.5 Cr, and the paid-up capital is ₹1.76 Cr.