About Elixir Equities Private Limited
Data last updated: 10 January 2026
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.
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Registered Address58 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021
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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 Private Limited
Elixir Equities Private Limited 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, reflecting the company's evolution and rebranding over time.
| 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 Private Limited
Elixir Equities Private Limited 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 Private Limited
Elixir Equities Private Limited operates one associated brand: Elixir Equities. These brands represent Elixir Equities Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Stock broking, equity research, and portfolio management for investors in India. | elixirequities.com |
Competitors & Alternatives of Elixir Equities Private Limited
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
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Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
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Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
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Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Elixir Equities Private Limited
Elixir Equities Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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 contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Elixir Equities Private Limited
Elixir Equities Private Limited is audited by P.C. SURANA & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P.C. SURANA & CO. | Locked | Locked | Locked |
Complete auditor history for Elixir Equities Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Elixir Equities Private Limited
Elixir Equities Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Dipan Anil Mehta
Also directs:
Elixir Capital Limited, Dipan Mehta Commodities Private Limited, Elixir Wealth Management Private Limited and 1 more
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Whole-Time Director | 30 Sep 2004 | 21 Years 10 Months | Current |
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Radhika Dipan Mehta
Also directs:
Elixir Capital Limited, Dipan Mehta Commodities Private Limited, Elixir Wealth Management Private Limited and 1 more
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Whole-Time Director | 30 Sep 2004 | 21 Years 10 Months | Current |
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Varun Dipan Mehta
Also directs:
Elixir Equities Private Limited
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Whole-Time Director | 01 Dec 2022 | 3 Years 8 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
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Elixir Equities Private Limited
Shareholding and ownership data for Elixir Equities Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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Group Structure of Elixir Equities Private Limited
Elixir Equities Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Elixir Equities Private Limited's business expansion strategy and organizational complexity.
| 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 Private Limited
| 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 Private Limited
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, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Elixir Equities Private Limited
GST registrations and filing compliance for Elixir Equities Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Elixir Equities Private Limited
Credit ratings, litigation, and regulatory alerts for Elixir Equities Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Elixir Equities Private Limited
MSME payment history for Elixir Equities Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Elixir Equities Private Limited
Corporate group structure for Elixir Equities Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Elixir Equities Private Limited
MCA filings and documents for Elixir Equities Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- 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 Private Limited
Frequently Asked Questions about Elixir Equities Private Limited
Elixir Equities Private Limited 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 Private Limited reported revenue of ₹14.91 Cr for FY 2025 (down 28.00% YoY).
The current directors of Elixir Equities Private Limited 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 Private Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Elixir Equities Private Limited 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.